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Archive: March, 2018

Posts in March, 2018

Anti-dumping duty on Veneered Engineered Wooden Flooring

March 27, 2018 5499 Views 0 comment Print

Seeks to impose anti-dumping duty on Veneered Engineered Wooden Flooring, originating in or exported from China PR, Malaysia, Indonesia and the European Union.

IBBI (Insolvency Resolution Process For Corporate Persons) (Second Amendment) Regulations, 2018

March 27, 2018 3126 Views 0 comment Print

No. IBBI/2017-18/GN/REG030. -In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations further to amend the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

IBBI (Information Utilities) (Amendment) Regulations, 2018

March 27, 2018 1410 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2018. They shall come into force on the 1st April, 2018.

IBBI (Liquidation Process) (Amendment) Regulations, 2018

March 27, 2018 1977 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2018. They shall come into force on 1st April, 2018.

IBBI (Insolvency Professionals) (Amendment) Regulations, 2018

March 27, 2018 7374 Views 0 comment Print

According to the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2018 a. Subject to meeting other requirements, an individual shall be eligible for registration as an insolvency professional if he has passed the Limited Insolvency Examination within the last 12 months and has completed a pre- registration educational course from an insolvency professional agency, as may be required by the Board.

GST Leviable on ‘Duty Free’ shops at Delhi International Airport: AAR

March 27, 2018 3129 Views 0 comment Print

The applicant is in the business of retail sale of sunglasses. The applicant was registered under the Delhi Value Added Tax Act, 2004 and the Central Sales Tax Act, 1956 and now the applicant has migrated to GST regime and its present provisional GST Number is 07AADCR6468R1ZF.

Duty Free Shops supplies not Exports under GST- Delhi AAR ruling

March 27, 2018 7560 Views 1 comment Print

Though section 105 of CGST Act states that every proceeding before Authority for Advance Ruling (AAR) shall be judicial proceedings, however, Rule 103 of CGST rules states that both the member judges of this authority shall be officers not below the rank of joint commissioners. Departmental officers are members of this so called ‘judicial proceedings’ in AAR.

Maharashtra exempts E-way Bill requirement for Intra-State Movement until further orders

March 27, 2018 24020 Views 2 comments Print

No requirement of E-way Bill from 1st April 2018 until further orders for the intra- State movement that commences and terminates within the State of Maharashtra, in respect of any goods of any value.

Cenvat credit eligible on Cement & steel bars used in structural foundation to support power plant

March 27, 2018 1869 Views 0 comment Print

The dispute is with reference to availability of Cenvat credit to the appellant in respect of cement and steel bars used in the structural foundation to support the power plant. The matter was earlier heard by the Single Member bench.

Amendment in import policy conditions of apples

March 27, 2018 795 Views 0 comment Print

Central Government hereby amends the Import Policy Conditions of apples under Exim code 0808 10 00 of Chapter 08 of ITC (HS), 2017 — Schedule — 1 (Import Policy) as under: Port restriction for import of apples covered under EXIM Code 0808 10 00 is hereby removed.

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