Sponsored
    Follow Us:

Archive: 26 April 2021

Posts in 26 April 2021

IFSCA Fee structure for Finance Company/Unit

April 26, 2021 429 Views 0 comment Print

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)

Govt revises import policy of Melon Seeds to ‘Restricted’

April 26, 2021 3066 Views 0 comment Print

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 revised to ‘Prohibited’

April 26, 2021 3237 Views 0 comment Print

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, […]

DGFT updates Address details of Bharat Chamber of Commerce

April 26, 2021 570 Views 0 comment Print

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 […]

Govt passes 5 (Quality Control) Amendment Order, 2020

April 26, 2021 1197 Views 0 comment Print

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, […]

Legal Compliance Reporting

April 26, 2021 5646 Views 0 comment Print

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 […]

No confiscation of goods if import is not contrary to any prohibition imposed under Custom Act

April 26, 2021 1323 Views 0 comment Print

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.

Section 40A(2)(b) disallowance without proving that payments are over & above market rates are not valid

April 26, 2021 2760 Views 0 comment Print

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 […]

HC directs ICAI to recognise & record retirement of CA from Partnership Firm

April 26, 2021 6762 Views 1 comment Print

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 […]

GST on Royalty paid under MMDR Act 1957 for right to use minerals

April 26, 2021 5559 Views 0 comment Print

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 […]

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031