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Archive: 23 July 2019

Posts in 23 July 2019

ICMAI selects new President and Vice President for 2019-2020

July 23, 2019 1281 Views 0 comment Print

CMA Balwinder Singh has been elected as President of The Institute of Cost Accountants of India for the period 2019-2020. CMA Biswarup Basu has been elected as Vice President of the Institute for the period 2019-2020

IBBI (Insolvency Professionals) (Amendment) Regulations, 2019

July 23, 2019 1290 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 417 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 1581 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 327 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 381 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 312 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 6045 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 1617 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 1800 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.

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