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Archive: 17 December 2019

Posts in 17 December 2019

SC explains rules for condonation of delay

December 17, 2019 36861 Views 0 comment Print

University of Delhi Vs Union of India & Ors. (Supreme Court) From a consideration of the view taken by this Court through the decisions cited supra the position is clear that, by and large, a liberal approach is to be taken in the matter of condonation of delay. The consideration for condonation of delay would […]

‘Benami’ property: HC refuses to interfere against provisional attachment order

December 17, 2019 2103 Views 0 comment Print

Simmant Kohli Vs Union Of India (Madhya Pradesh High Court) The Court opined that pending final adjudication whether property is in the name of petitioner are ‘Benami’ property or not, the authorities concerned have passed an order of provisional attachment as a matter of precaution, until the dispute is finally resolved, no interference is warranted. […]

Industry must Reduce Dependence on Imported Goods: Piyush Goyal

December 17, 2019 477 Views 0 comment Print

Piyush Goyal,Minister for Commerce and Industry and Railways, addressed the inaugural sessionat the Exports Summit 2019 organised by the Confederation of Indian Industry (CII) in New Delhi today. He emphasized that Indian industry must be enabled and empowered to take advantage of global value chains.

Denial of copies of seized documents was violation of natural justice: HC

December 17, 2019 1041 Views 0 comment Print

The prayer in the Writ Petition is for a direction to the 1st respondent to supply copies of the documents relied upon by the 1st respondent while issuing the notices, and thereafter, to afford the petitioners an opportunity to submit their objections with regard to the reliance placed on the same, before proceedings to adjudicate the matter.

Delhi HC rules Central Excise Duty rebate claim filed after expiry of 1 year as ineligible

December 17, 2019 1215 Views 0 comment Print

Applications for rebate of Central excise duty paid on excisable goods, consequent on their export, are required to be filed within one year of the date of their export, under Section 11B of the Excise Act. As such, the rebate claim, filed by the Petitioner, was rejected by the Assistant Commissioner of Customs (AC), vide Order-in-Original dated 29th January, 2014, on the ground that it was barred by time, as it had been filed after the expiry of one year from the date of export of the goods.

Sukanya Samriddhi Account Scheme, 2019- Detailed Analysis

December 17, 2019 14250 Views 1 comment Print

Government has notified new Samriddhi Account Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 914(E). Article explains Opening of account under Sukanya Samriddhi Account Scheme, 2019, Deposits under Sukanya Samriddhi Account, Interest on deposit under Sukanya Samriddhi Account, Operation of account under Sukanya Samriddhi Account, Premature closure of account under Sukanya Samriddhi Account, […]

Senior Citizens’ Savings Scheme, 2019- Detailed Analysis

December 17, 2019 7224 Views 3 comments Print

Government has notified new Senior Citizens’ Savings Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 916(E). Article explains  Opening of account under Senior Citizens’ Savings Scheme, 2019, Deposit under Senior Citizens’ Savings Scheme, 2019, Interest on deposit under Senior Citizens’ Savings Scheme, 2019, Premature closure of account under Senior Citizens’ Savings Scheme, 2019, […]

Public Provident Fund Scheme, 2019- Detailed Analysis

December 17, 2019 16977 Views 2 comments Print

Government has notified new Public Provident Fund Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 915(E). Article explains  Limits of number of PPF accounts under Public Provident Fund (PPF) Scheme, 2019, Limits of subscription under under Public Provident Fund (PPF) Scheme, 2019, Manner of making deposit under under Public Provident Fund (PPF) Scheme, […]

All about National Savings (Monthly Income Account) Scheme, 2019

December 17, 2019 2856 Views 0 comment Print

Government has notified new National Savings (Monthly Income Account) Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 917(E).  Article explains about Opening of account under National Savings (Monthly Income Account) Scheme, 2019, Deposits and withdrawals under National Savings (Monthly Income Account) Scheme, 2019, Interest on deposit under National Savings (Monthly Income Account) Scheme, […]

National Savings Certificates (VIII Issue) Scheme, 2019- detailed Analysis

December 17, 2019 4239 Views 1 comment Print

Government has notified new National Savings Certificates (VIII Issue) Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 919(E).  Article explains about Type of accounts under National Savings Certificates (VIII Issue) Scheme, 2019,  Deposits under National Savings Certificates (VIII Issue) Scheme, 2019, Payment on Maturity under National Savings Certificates (VIII Issue) Scheme, 2019, Pledging […]

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