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Archive: 30 March 2021

Posts in 30 March 2021

Copyright (Amendment) Rules, 2021

March 30, 2021 6237 Views 0 comment Print

1. Short title and commencement. – (1) These rules may be called the Copyright (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Deeper tariff concessions extended on import of specified goods under IJCEPA

March 30, 2021 2868 Views 0 comment Print

Amend notification No. 69/2011-Customs dated 29.07.2011 to extend deeper tariff concessions to imports of specified goods from Japan under India-Japan CEPA (IJCEPA) with effect from 1st April, 2021 vide  Notification No. 20/2021–Customs Dated: 30th March, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 20/2021–Customs Dated: 30th March, 2021 G.S.R. 226(E).—In exercise of […]

CBIC extends exemption from IGST & compensation cess to EOUs on imports

March 30, 2021 2103 Views 0 comment Print

Amendment to Notification No.52/2003-Customs dated 31.03.2003 for extending exemption from IGST and compensation cess to EOUs on imports till 31.03.2022 vide Notification No. 19/2021-Customs dated 30th March, 2021. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 19/2021-Customs Dated: 30th March, 2021 G.S.R. 224(E).—In exercise of the […]

Promotion of 3 officers to Pr.CCIT grade | Order No. 84 of 2021

March 30, 2021 2460 Views 0 comment Print

Office Order No. 84 of 2021 Consequent upon approval of the Competent Authority, the following officers are, hereby, promoted to the grade of Principal Chief Commissioner of Income Tax (Pr. CCIT) (level 17 in the pay matrix Rs. 2,25,000/-) for the panel year 2021 on in-situ basis w.e.f. 01.04.2021 or the date of assumption of the charge of the post by them, whichever is later:

Sunset review investigation concerning imports of Normal Butanol

March 30, 2021 612 Views 0 comment Print

Case No. AD-SSR-13/2020 Sunset review investigation concerning imports of Normal Butanol from European Union, Malaysia, Singapore, South Africa and United States of America.

Anti-dumping investigation initiated against imports of Fluoro Backsheet

March 30, 2021 660 Views 0 comment Print

OI Case No. 03/2021 Initiation of anti-dumping investigation concerning imports of Fluoro Backsheet Originating in or exported from China PR

Freight charges not includable in sale price for calculating taxable turn over under Orissa Sales Tax

March 30, 2021 5280 Views 0 comment Print

Utkal Moulders Vs State of Orissa (Orissa High Court) In the considered view of the Court, the legal position, as explained in Hindustan Sugar Mills and others v. State of Rajasthan and others (supra) and the State of Karnataka and another v. Bangalore Soft Drinks Pvt. Ltd. (supra) supports the case of the Petitioner is […]

Reasons recorded cannot be substituted at a later point in time by subsequent evidences

March 30, 2021 774 Views 0 comment Print

Red Hat India Pvt. Ltd. Vs DCIT (ITAT Mumbai) From the bare reading of the proviso to section 147 of the Act, it is mandatory on the part of the ld AO to duly mention in the reasons recorded itself as to whether there is any failure on the part of the assessee in disclosing […]

Number of transactions on Google Pay & Phonepe going to be restricted, Why?

March 30, 2021 15540 Views 1 comment Print

Introduction: Yes, you read it right! The number of transactions on Google Pay & Phonepe going to be restricted. The point to be noted is that restriction is for players providing UPI services on the market share they are holding and not on individuals doing UPI transactions. This article covers an understanding of the industry, […]

Corporate Social Responsibity

March 30, 2021 6213 Views 0 comment Print

A glance towards latest reforms in corporate social Responsibilty -The concept of Corporate Social Responsibility (CSR) is introduced in India by the Companies Act, 2013, initially this concept was voluntary but The Companies (Amendment) Act, 2020 and Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 imposed mandatory requirement upon companies to comply with CSR obligations. […]

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