The Indian securities market has witnessed dominance in trading and depository space, raising concerns on possibility of excessive concentration and institutional tardiness in quickly responding to the changing market dynamics which may have an adverse bearing on efficiency in trading, record-keeping, supervision and risk management practices.
Central Government, in consultation with the Chief Justice of the High Court of Tripura, hereby designates the Court of Chief Judicial Magistrate, West Tripura Judicial District, Agartala as the Special Court for the State of Tripura for the purposes of the said sub-section.
Attention of Importers/Exporters, Custom Brokers, Trade, Partner Government Agencies (PGAs) and other stakeholders is invited to CBIC Advisory No. 01/2021 dated 05.01.2021 on Single Window – Online Query Module and other functionalities for PGA working in ICES.
Notification No. 03/2021-Customs (N.T./CAA/DRI)- Appointment of Common Adjudicating Authority. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence ) Notification No. 03/2021-Customs (N.T./CAA/DRI) New Delhi,the 6th January 2021 S.O. 65(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in […]
Shri Badresh Mansukhlal Dodhia Vs ACIT (ITAT Mumbai) Without evidence LTCG on sale of Shares through Recognized Stock Exchange cannot be treated as Accommodation Entries The main issue under consideration in this appeal is the claim of deduction u/s 10(38) of the Act, the relevant facts are, during the year assessee had earned LTCG of […]
Following is advised to all exchanges regarding refund of security deposit on surrender of membership by Trading Members: A. On approval of application for surrender of Trading Member’s registration by SEBI, the Exchange shall release Security Deposit of the Trading Member (engaged in trading on behalf of clients) after the period mentioned at point a) or b), whichever is earlier:
Seeks to further amend notification No. 2/2016-Customs (ADD) dated 28th Jan, 2016 to extend the levy of Anti-Dumping duty on Melamine originating in or exported from China PR, up to and inclusive of 28th Feb, 2021. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 6th January, 2021 Notifications No. 1/2021-Customs (ADD) G.S.R. 7(E).—Whereas, […]
Writ petition under Article 226/227 against an order under Sec 16(2) of an Arbitrator can be entertained only in exceptional cases, therefore, the High Court should not have used its inherent power to interject the arbitral process at this stage.
The United States lodged a complaint against India before WTO on 14.03.2018 alleging that export subsidies provided by India under five sets of measures viz. the Export Oriented Units, Electronics Hardware Technology Park and Bio-Technology Park (EOU/EHTP/BTP) Schemes;
[Ref: Notification No. 94/2020-Central Tax dated 22nd December, 2020] We all are aware that recently, in exercise of the powers conferred by Section 164 of the Central Goods and Services Tax Act, 2017 (CGST Act, 2017), the Central Government, on the recommendations of the Council, has issued a Notification No. 94/2020-Central Tax dated 22nd December, […]
