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Archive: 23 July 2019

Posts in 23 July 2019

IBBI (Insolvency Professionals) (Amendment) Regulations, 2019

July 23, 2019 1485 Views 0 comment Print

1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2019. (2) They shall come into force on the date of publication in the Official Gazette.

IBBI (Insolvency Professional Agencies) (Amendment) Regulations, 2019

July 23, 2019 537 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) (Amendment) Regulations, 2019. They shall come into force on the date of their publication in the Official Gazette.

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2019

July 23, 2019 1812 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2019.

IBBI (Procedure for Governing Board Meetings) (Amendment) Regulations, 2019

July 23, 2019 465 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Procedure for Governing Board Meetings) (Amendment) Regulations, 2019. They shall come into force on the date of their publication in the Official Gazette.

IBBI (Engagement of Research Associates and Consultants) (Amendment) Regulations, 2019

July 23, 2019 501 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Engagement of Research Associates and Consultants) (Amendment) Regulations, 2019.

CBDT continues follow up in cases connected with J&K Bank

July 23, 2019 558 Views 0 comment Print

CBDT has been actively pursuing leads found in the actions taken against the J&K Bank and its erstwhile Chairman, Sh. Parvez Ahmad. In another such follow-up action, a search and seizure operation has been conducted on a Group that is in the business of providing security to business establishments and prominent individuals, as well as in running hotels in Jammu & Kashmir and other parts of the country.

Order of AAAR on Classification of food supplements under GST

July 23, 2019 7407 Views 0 comment Print

The WBAAR, out of the above 15 products classified 12 products (Serial nos. 2 to 13 of the above table) under HSN 2106, and taxable under SI. No. 23 of Schedule III of Notification no. 1/2017-C.T (Rate) dated 28-06-2017 under the Central Goods and Services Tax Act, 2017 & Notification No. 1125-FT dated 28-06-2017 under the West Bengal Goods and Services Tax Act, 2017, as amended vide Notification no. 41/2017-C.T (Rate) dated 14-11-2017 under the Central Goods and Services Tax Act, 2017 & Notification No. 2019-FT dated 14-11-2017 under the West Bengal Goods and Services Tax Act, 2017,

‘Fanta Fruity Orange’ classifiable under sub-heading 220210

July 23, 2019 1914 Views 0 comment Print

In re Hindustan Coca-Cola Beverages Private Limited (GST AAAR Gujarat) The Gujarat Appellate Authority for Advance Ruling modify the advance ruling order by holding that the product ‘Fanta Fruity Orange’ manufactured and supplied by Hindustan Coca-Cola Beverages Pvt ltd is classifiable under sub heading 2202 10 and GST rate of 28% and GST compensation Cess […]

Unfair Business Practice by Insurance Companies

July 23, 2019 2055 Views 0 comment Print

The Insurance Regulatory and Development Authority of India (IRDAI) has put in place Integrated Grievance Management System (IGMS), which captures the complaints registered against all insurers. A statement showing the number of complaints received and attended to in the said system against both public and private general insurers during the last 3 years and the current year is given in Annexure.

Income Tax Department to celebrate Aaykar Diwas 2019

July 23, 2019 687 Views 0 comment Print

CBDT and all field offices will be observing and celebrating the 159th Income Tax Day i.e. Aaykar Diwas on 24th July, 2019. It was on 24th July, 1860 that Income Tax was introduced for the first time in India by Sir James Wilson to compensate for the losses incurred by the British regime during the first war of independence against British Rule. This is why 24th July is observed as the Income Tax Day.

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