In Other News
On consignment basis for exhibition would not in itself constitute a supply under GST since there is no consideration received at that time, but such goods would need to be accompanied by a 'delivery challan'.
23 Jul 2019 10:37 AM

Goods taken abroad in this manner are required to be either sold or brought back within a period of 6 months from the date of removal.

Exporters were facing problems due to lack of clarity on the procedure to be followed under GST at the time of taking these goods out and their sale or return to India.
23 Jul 2019 6:01 AM

Several goods are taken out of India for exhibitions or other export promotion events.

Already, the GST rate is only 1 per cent for under-construction flats in the affordable housing category and the Centre provides interest subsidy to home buyers through a scheme.
23 Jul 2019 5:49 AM

Players moving into the space with Govt/PE funding.

The CCI and the four auditors did not immediately respond to a request for comment.
22 Jul 2019 1:30 PM

CCI should look into dominance of these four global auditors and whether they are thwarting competition.

Form 26AS is a record of the TDS paid on your behalf by your employer, client, bank, or anyone who needs to make payments to you. Sometimes, a payer can incorrectly report your TDS, which will create problems for you.
22 Jul 2019 5:21 AM

Here are some tips to help you make an error-free filing.

A container vessel docked at the West Coast container port in Singapore. (Photo: Roslan Rahman/AFP)
22 Jul 2019 5:16 AM

Beijing and Washington have slapped each other with punitive tariffs covering more than $360 billion in two-way trade.

Data from the Gems and Jewellery Export Promotion Council shows import of rough diamonds fell 23 per cent in value terms and 25 per cent in volume terms in the June quarter. (Representational image)
22 Jul 2019 5:15 AM

Financial Chronicle too had recently reported how the Indian diamond polishing industry has been cutting working days, resulting in job losses.

According to All-India Spices Exporters Forum, in 2017-18, pepper exports from India dropped nearly 40 per cent compared to that of two years ago to 16,840 tonne, which is the lowest in recent times.
22 Jul 2019 5:14 AM

Sector analysts pointed out that the international prices of pepper are down thanks to higher production in many countries compared with India.

International Monetary Fund
22 Jul 2019 5:13 AM

The IMF and World Bank were created July 22, 1944 in the shadow of World War II to help rebuild Europe and later Japan.

The Parliament, earlier this month, passed an amendment bill which allows voluntary use of Aadhaar as proof of identity for users to open bank accounts and get mobile phone connections. (Photo: File | PTI)
21 Jul 2019 1:06 PM

According to the source UIDAI hopes to select the adjudicating officer in next month and half.


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