| CIRCULARS AND NOTIFICATIONS |
| DIRECT TAXES |
| 1. |
Substitution of Rule 17A and Form 10A pertaining to Application for registration of charitable or religious trusts, etc. - Notification No. 10/2018, dated 19-02-2018 |
| 2. |
Revised Double Taxation Avoidance Agreement (DTAA) between India and Kenya notified - Notification No. 11/2018, dated 19-02-2018 |
| 3. |
Notification of the new scheme called the Centralised Communication Scheme, 2018- Notification No. 12/2018, dated 22-02-2018 |
| II. |
PRESS RELEASES/INSTRUCTIONS/OFFICE MEMORANDUM |
| 1. |
Signing of DTAA by India and Iran on 17th February, 2018– Press Release, dated 17-02- 2018. |
| 2. |
CBDT achieves important milestone of 200 Advance Pricing Agreements (APAs)– Press release, dated 01-03-2018. |
| GOODS & SERVICES TAX |
| 1. |
Non-transition of CENVAT credit in certain cases. |
| 2. |
New features added in Form GSTR 3B and other functionalities made available on the GST Portal. |
| 3. |
Clarification regarding GST in respect of certain services. |
| 4. |
Taxable services provided by the members of the Joint Venture (JV) to the JV and vice versa and inter-se between the members of the JV |
| 5. |
Central Goods & Service Tax (Second Amendment) Rules, 2018. |
| 6. |
Late fees for filing of GSTR-5A by OIDAR Service Providers–Notification No. 6/2018 rescinded |
| 7. |
GST Revenue Collections for month of January 2018 (received in January/February upto 25th February) stand at R86,318 crores |
| 8. |
GST Council decided to extend tax exemptions for exporters for six months. |
| 9. |
Recommendations made during the 26th meeting of the GST Council. |
| 10. |
Recommendations regarding Data Analytics made during the 26th meeting of the GST Council |
| 11. |
Facility to provide details of amendment, in Form GSTR 4, has now been provided to Composition taxpayers. |
| CUSTOMS |
| 1. |
Refund of IGST on Export |
| 2. |
Gist of some Compounding Orders passed by Reserve Bank of India |
| FEMA |
| 1. |
Discontinuance of Letters of Undertaking (LOUs) and Letters of Comfort (LOCs) for Trade Credits |
