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Archive: 18 August 2020

Posts in 18 August 2020

GST on Security Excise Adhesive Labels

August 18, 2020 4419 Views 0 comment Print

In re Marketing Communication & Advertising Ltd. (GST AAR Karnatka) The applicant have sought advance ruling  in relation to supply by applicant to various distilleries and sought ruling on correct classification of Security Excise Adhesive Labels i.e., HSN Code applicable and The rate of tax applicable on supply of Security Excise Adhesive Labels. We observe […]

Person liable to pay consideration for supply of services is ‘Recipient’ of such supply

August 18, 2020 14157 Views 0 comment Print

In re Rajesh Rama Varma (GST AAAR Tamilnadu) Appellant has been contracted by M/s Doyen Systems Private Ltd to provide professional and consultancy services to be carried out through them and that, he had rendered software support services to the client of M/s Doyen Systems Private Ltd, IRM in the United States of America and […]

Reg. Anti Dumping Duty on Front Axle Beam & Steering Knuckles

August 18, 2020 636 Views 0 comment Print

Initiation of Sunset Review Investigation concerning Anti Dumping Duty imposed on imports of Front Axle Beam and Steering Knuckles meant for heavy and medium commercial vehicles originating in or exported from China PR .

RTI Seeking Details of Minutes of Meeting of GSTN – HC refers matter back to CIC

August 18, 2020 8874 Views 0 comment Print

The issue under consideration is whether RTI application seeking disclosure of Minutes of the Board Meeting & resolutions of Goods & Service Tax Network (GSTN) by information commissioner will be sustain in law?

Draft framework for recognition of a Self-Regulatory Organisation for Payment System Operators

August 18, 2020 522 Views 0 comment Print

Reserve Bank hereby places a draft framework for grant of recognition to an industry association as a Self-Regulatory Organisation (SRO) for Payment System Operators (PSOs).

Streamlining of UQCs in Bills of Entry and Shipping Bills – reg

August 18, 2020 3915 Views 0 comment Print

Board had undertaken an exercise towards standardization of Unit Quantity Codes (UQCs) for purposes of export / import declarations filed on EDI. It was noted that many importers and exporters use UQCs like BGS, BTL, BOX, CTN, GGR, HPT, KPC, ODD and DRM etc.

Govt relaxes Export Policy of textile raw material for masks & coveralls

August 18, 2020 753 Views 0 comment Print

The Notification No. 18 dated 13.07.2020 is amended to the extent that only melt blown fabric of any GSM exported against the HS codes specified above is prohibited for export. All other non-woven fabrics of any GSM (including of GSM 25-70 which were earlier prohibited) are freely allowed for exports. Government of India Ministry of […]

Loss Prevention & Minimization in General Insurance Industry- Report

August 18, 2020 1251 Views 0 comment Print

Keeping in view synergies involved and the need for collaboration between various stakeholders for effective loss prevention and minimization in the general insurance industry, the Authority had set up a Working Group to study the current scenario and make recommendations.

SOP for settlement of Postal/Rural Postal Life Insurance death claim cases

August 18, 2020 26949 Views 0 comment Print

Standard Operating Procedure (SOP) for settlement of Postal Life Insurance/ Rural Postal Life Insurance (PLI/RPLI) death claim cases. DIRECTORATE OF POSTAL LIFE INSURANCE Department of Posts, Ministry of Communications, Government of Indio Chanakyapuri Post Office Complex, New Delhi-110021 No. 25-04/SOP/2020-LI Dated: 18.08.02020 Sub: Standard Operating Procedure (SOP) for settlement of PLI/RPLI death claim cases. As […]

SC Refuses to transfer Money from PM CARES Fund to NDRF

August 18, 2020 609 Views 0 comment Print

The issue under consideration is whether the Supreme court will grant permission for transferring the money collected in PM Cares fund to the National Disaster Relief Fund?

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