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ITC(HS) 2017Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: E:\WTS-site data\newanima.gif

 

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News – 21 August 2017

 

 

What's New...

 

Urad and Moong Dal Import Restricted subject to Annual Quota of 2 lakh MT

Anti-dumping Duty Imposed on Tempered Glass from China

Last Date for Payment of GST and Filing of Return for July 2017 Extended by 5 Days

Jaitley Urges States to Reduce Burden of Value Added Tax on Petroleum Products Used for Manufacturing

Web Based System for Online Processing of Application for ICD/CFS/AFS

Requirement of Bank Certificate Evidencing Receipt of Payment in Freely Convertible Currency for Export to Bhutan for specified Hydroelectric Projects

 

17.08.2017

There are Rumours Floating Around that the Last Date for Payment of GST and Filling of Return in FORM 3B is being Extended by a Week

·   These Rumours are Unsubstantiated

·   There is no Change in the Last Date for Payment of GST as per the Self-Assessed Liability

·   However for Taxpayers who want to Claim Transitional Credit the Time Period for only Filing of Return in FORM3B is Extended by One Week

·   However even those Taxpayers will Settle Self-Assessed Liability (after Adjusting Transitional ITC) of GST by 20th August

Transitional Credit for GST Clarification

Amendments in Central Goods and Service Tax Rules, 2017

Re-export after Contract Execution

Gold and Silver Jewellery Drawback Rates Revised

Eggs and Pulses Export Quota to Maldives for 2017-18 Period Notified

8 Carats and upto a Maximum Limit of 22 Carats Gold Jewellery (Plain or Studded) Export from DTA, EOU and Tech Parks Allowed

Uttar Pradesh Circular on E Way Bill

Uttar Pradesh Notification for Tax Rate of Diesel oil and Natural Gas

 

17.08.2017

E-way Permit Exemption

Rupee Falls 60 Paisa against Dollar to Rs. 65.15 w.e.f. 18 August 2017

Cabinet Approves MoU between India and Sweden on IPRs

Cabinet Approves Scheme of Budgetary Support under GST Regime to Units Located in North Eastern States, J&K, HP

Guidelines for Provisional Release of Seized Goods Cases under Section 110A of Customs Act, 1962

Tariff Value on Gold, Silver, Brass Scrap, Palm Oil and Palmolein

Excise Procedure for Granting Duty Rebate

Import Shoot Up 15% in July, Exports Rise only 4%

 

11.08.2017

Issuance and Use of Form C under the Central Sales Tax Act, 1956

Karnataka Notification Date for filing of outward supplies in FORM GSTR-1, inward supplies in FORM GSTR-2, GSTR-3 & GSTR-3B for months of July & August

Telangana Notification for e-Way Bill

Bamboo Certification of Origin for Exports

 

10.08.2017

Safeguards to Control Sudden Rise in Imports under India-Korea CEPA (Safeguard) Rules, 2017 Notified

Sandeep Mohan Bhatnagar Appointed DG Safeguards

Opal Glassware from China and UAE – Anti-dumping duty Slashed in Sunset Review

Review Cases of Commissioner Orders by Chief Commissioner as First Link Officer

 

08.08.2017

Tur Dal Import Restricted Subject to Annual Quota of 2 lakh MT

·    Importers Left in the Lurch as Pending Shipments (Other than LC) Face Clampdown

Red Sanders Import Prohibited

Cigarettes Subject to 2017 Packing Rules

No Hike in Compensation Cess for Motor Vehicles Now, Act to be Amended to Raise Cess Ceiling to 25%

Address Change for Approved Agencies of Origin Certification

 

 

 

 

TALLY FOR GST

BIG’s Easy Reference
GST Rates on Goods and Services

2nd Edition

Author: Arun Goyal

ISBN: 81-86234-57-8

Rs. 1440

 

Order Now

Highlights

·   Rates for Goods in Slabs of 0%, 5%, 12%, 18%, 28%

·   Goods Universe – Full 8 Digit HS Code with Schedule of Rates

·   Compensatory Cess Rates on Goods

·   Service Tax Rates with Exemptions and Reverse Charge and ITC

·   Services Universe – Full UN (Adopted) Service Code with Schedule of Rates

·   Index of HS Codes for Goods

·   Index of Service Tax Codes

Rupee Falls 60 Paise against Dollar to Rs. 65.15 w.e.f. 18 August 2017

[Customs Notification No. 81 (Non Tariff) dated 17th  August 2017]

Schedule-I

SNo.

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian rupees

(1)

(2)

(3)

(a)

(b)

(For Imported Goods)

(For Export Goods)

1.

Australian Dollar

51.30

49.50

2.

Bahrain Dinar

176.45

164.80

3.

Canadian Dollar

51.20

49.55

4.

Chinese Yuan

9.80

9.45

5.

Danish Kroner

10.35

9.95

6.

EURO

76.70

74.10

7.

Hong Kong Dollar

8.35

8.10

8.

Kuwait Dinar

220.35

205.80

9.

New Zealand Dollar

47.40

45.70

10.

Norwegian Kroner

8.25

7.95

11.

Pound Sterling

84.20

81.35

12.

Qatari Riyal

18.10

17.10

13.

Saudi Arabian Riyal

17.70

16.60

14.

Singapore Dollar

47.80

46.25

15.

South African Rand

5.00

4.65

16.

Swedish Kroner

8.10

7.80

17.

Swiss Franc

67.30

64.90

18.

UAE Dirham

18.10

16.95

19.

US Dollar

65.15

63.45

 

Schedule-II

SNo.

Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

(1)

(2)

(3)

(a)

(b)

(For Imported Goods)

(For Export Goods)

1.

Japanese Yen

59.10

57.10

2.

Kenya Shilling

64.10

59.90

[F.No.468/01/2017-Cus.V]

 

 

 

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Last Updated on 21-08-2017