ISFCA fee structure for Finance Company/ Units is as follows: a) Application fee: $1000 for new entities (one time) b) Registration fee: $12,500 for new entities (one time) c) Annual fee: $12,500 for all registered Finance Company/Finance Unit (second year onwards)
Import policy of Melon Seeds falling under HS Code 12077090 has been revised from ‘Free’ to ‘Restricted’ subject to the revised policy condition vide Notification No. 3/2015-2020 Dated: 26th April, 2021. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) DIRECTORATE GENERAL OF FOREIGN TRADE New Delhi, the 26th April, 2021 Notification No. 3/2015-2020 Subject: Amendment […]
Import policy of mosquito killer racket under HS Codes 85167920 and 85167990 is revised from ‘Free’ to ‘Prohibited’ if C.I.F value is below Rs121/per racket vide Notification No. 2/2015-2020 Dated: 26th April, 2021. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the Notification No. 2/2015-2020 Dated: 26th April, […]
Address details of Bharat Chamber of Commerce under Appendix 2E of FTP, 2015-2020 is updated vide Public Notice No. 2/2015-2020 dated 26th April, 2021. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) Public Notice No. 2/2015-2020 New Delhi, the 26th April, 2021 Subject:—Amendment in Appendix 2E (List of agencies to […]
Ministry Of Chemicals And Fertilizers passed the following orders- ♦ Acrylonitrile (Quality Control) Amendment Order, 2020, ♦ Maleic Anhydride (Quality Control) Amendment Order, 2020 ♦ Methyl Acrylate , Ethyl acrylate, n- butyl Acrylate (Quality Control) Amendment Order, 2020 ♦ Styrene (Vinyl Benzene) (Quality Control) Amendment Order, 2020 ♦ Vinyl Acetate Monomer (Quality Control) Amendment Order, […]
We know that there are various types business entities available for doing business. A person can choose one from many formats of entities such as a proprietorship Firm, Partnership Firm, Company, LLP etc., based on his/her requirement and capital base. Many of these entities have legal existence and treated as separate from its promoters or […]
Explore the legal battle between Baby Marine Seafood Retail Pvt. Ltd. and C.C, Cochin (CESTAT Bangalore) over seafood import. Understand the intricacies of compliance with Indian food safety standards, lab analyses, and the contested Section 111(d) of the Customs Act.
DCIT Vs M/s Interarch Building Products (P) Ltd. (ITAT Delhi) The relevant part of the order of the ld. CIT (A) on this issue pertaining to payments made to Mr . Arvind Nanda, with regard to the vehicle purchase, payment made to M/s Intertec on account of job work and the rental payments has been […]
Joshi John Vs Institute of Chartered Accountants of India (Kerala High Court) It is not disputed that ‘M/s. R. Menon and Associates’ is a partnership at will. Section 43 of the Indian Partnership Act, 1932 provides that when a partnership is ‘at will’, the firm may be dissolved by any partner giving notice in writing […]
Implication of GST on Royalty paid under MMDR Act. 1957 for the right to use minerals including its exploration and evaluation. Mine operators are required to obtain license from government for undertaking mining activity for which an amount is required to be paid in the form of ‘Royalty’. The license are regulated the Mines and […]