c

"01 September 2016" Archive

Additional risk management norms for NCDEX

SEBI/HO/CDMRD/DRMP/CIR/P/201 6/77 01/09/2016

In order to further strengthen the risk management framework of commodity derivatives markets and avoid any systemic risk, it has been decided to prescribe additional norms/modify (to the extent specified hereunder) certain existing norms on risk management at National Commodity Derivatives Exchanges. The additional/modified norms are pl...

Read More

Hurry makes Worry for MVAT Automation

The dealers which are registered under the MVAT Act, 2002 waited for over 6 months for filing new return form in the Maharashtra VAT Portal and now finally the long awaited new return form was made available for filing of return by the Commissioner of sales tax department of Maharashtra by issuing Trade Circular No 22T dated 26 August 201...

Read More
Posted Under: SEBI |

Rule 37BC – The Way Forward!!

The Finance Act 2016 amended the provisions of section 206AA of the Income Tax Act, 1961 (‘Act’) with effect from 01.06.2016, thereby providing that the provisions of section 206AA would not apply to specified payments made to non-residents....

Read More
Posted Under: SEBI |

How to choose right term insurance for you

The financial planners today claim ‘term insurance’ to be the best and the most suitable type of policy available, as it provides a high cover at lower costs. The premium paid is just a portion of the amount you give to purchase a money-back policy or unit-linked insurance policy with same coverage....

Read More
Posted Under: SEBI |

Anti-dumping Duty on all imports of Glass Fibre and Article

Notification No. 48/2016-Customs (ADD) 01/09/2016

Seeks to impose definitive anti-dumping duty on all imports of Glass Fibre and Articles thereof falling under heading 7019 of the First schedule to the Customs Tariff Act, 1975 , originating in or exported from China PR....

Read More

Relevance of Revenue Neutral Rate (RNR) in GST Regime

The aim is to create a GST with the widest possible base. The GST will replace the plethora of indirect taxes levied on goods with a single levy, which will help create a seamless national market for delivery of goods and services. The proposed GST Law should support the Government’s overall initiative of ease of doing business and offe...

Read More
Posted Under: SEBI |

Goods Vs. Services in GST : Concept and Open Issues

As Goods and Services Tax (GST) is going to be levied on supply of goods and/or services, meaning of ‘goods’ and ‘services’ would also play vital role in levy and chargeability of GST after the key term ‘supply’. It has to be clearly identified as to whether the supply constitutes supply of goods or services for leviability of...

Read More
Posted Under: SEBI |

Tax applicable to a Deluxe Bus cannot be demanded only on the basis that it has push back or recilining seats

Sharat Kumar Barpanda, Vs State of Chhattisgarh (Chhattisgarh High Court)

To ascertain as to whether a service can be classified as Deluxe service only on the ground that the seats in the vehicle have push back or reclining facility. It appears, there is no such provision that only on such facility being available in a vehicle it can be classified as a Deluxe service...

Read More

All about Counterfeit

To imitate something which are being produced with the intent to take advantage of the superior value of the imitated product. This is nothing but the cheating consumer and running parallel operation. Intellectual Property Rights (IPRs) come in hand of passing off action. The statute governing IPRs recognizes such activity as an offence a...

Read More
Posted Under: SEBI |

Processing of steel scrap into blended steel scrap amounts to manufacture – AAR

In Re T.T. Recycling Management India Private Limited (Authority for Advance Rulings)

T. T. Recycling Management India Private Limited (hereinafter also referred to as applicant) is a resident Private Limited Company. Applicant proposes to source different grades of steel scrap from the generating factories and approved vendors within India as well as outside India. The scrap so procured in such a variety of forms and grad...

Read More

Search Posts by Date

January 2022
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31