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Archive: 25 May 2021

Posts in 25 May 2021

Take Action Against E-Commerce Dealers, For Supplying Various Non-Essential Items: Bombay HC

May 25, 2021 540 Views 0 comment Print

One of the major grievance of the petitioner is that though under various SOPs issued by the State of Maharashtra including last SOP dated 13th April, 2021 and more particularly in clause 16, E-commerce is permitted only for supply of essential goods and services, various suppliers are supplying non-essential services also in gross violation of the said SOP dated 13th April, 2021. It is the case of the petitioner that though this violation is brought to the notice of the State Government, no action has been taken till date to stop this ongoing violation.

RBI Governor ask Private Banks to further strengthen their balance sheets

May 25, 2021 375 Views 0 comment Print

Date : May 25, 2021 RBI Governor meets MD & CEOs of select Private Sector Banks over Video Conference The Governor, Reserve Bank of India (RBI) held a meeting with the MD & CEOs of select Private Sector Banks on May 25, 2021 through video conference. The meeting was attended by Deputy Governors Shri M. […]

17 features of MCA 21 Version 2021-22

May 25, 2021 8094 Views 0 comment Print

The Ministry of Corporate Affairs is in the process of implementing the third version of its flagship project MCA 21 (NCA 21 V-3). The project will be developed and implemented in phase wise manner over the fiscal year 2021-22. In May 2021 (Phase-1), – Ministry will release an upgraded version of MCA website, followed by […]

Mandatory recording of information about transfer of DFIA Scrips

May 25, 2021 1908 Views 0 comment Print

It is submitted that the recording of transferability of DFIA is being made online. In this regard, a facility has been created on DGFT website to record the information about transfer of DFIA scrips. The recording of given information would allow the transferee to apply for ARO/Invalidation against the said DFIA Scrip online.

GST on tanker body building on job work basis, on chassis supplied by customer

May 25, 2021 1272 Views 0 comment Print

In re CC FABS (GST AAR Kerala) 1. Whether the activity of tanker body building on job work basis, on the chassis supplied by the customer, is supply of goods or supply of service? The activity of tanker body building on the chassis supplied by the customer is a supply of service. 2. If it […]

GST on laboratory reagents for rapid testing of foods safety parameters

May 25, 2021 2229 Views 0 comment Print

In re Neogen Food and Animal Security (India) Private Ltd. (GST AAR Kerala) Reagents referred to in Heading 3822 of the Customs Tariff includes both diagnostic and laboratory reagents. The Tariff Heading 3002 pertains to human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions and immunological products, whether or […]

12% GST Payable on Chips, Sharkarai varatty, Halwa & Namkeens

May 25, 2021 12816 Views 0 comment Print

In re Shri, K. Swaminathan, M/S Banana chips & Halwa merchant (GST AAR Kerala) 1. Whether Jackfruit Chips, Banana Chips (made out of both raw as well as ripe banana), Banana Chips (masala) sold without BRAND NAME are classifiable as NAMKEENS and are covered by HSN Code 2106.90.99 and taxable under Entry 101A of Schedule […]

GST on marine engines and its spare parts being part of fishing vessel

May 25, 2021 3714 Views 0 comment Print

In re South Indian Federation of Fishermen Societies (GST AAR Kerala) 1. Applicability of GST rate of 5% on marine engines of heading 8407 and its spare parts without considering its general tax rate as per the entry of Schedule I, SI.No.252 of GST Act dtd.28-06-2017, being the part of fishing vessel of heading 8902. […]

GST on house boats used for cruises/day trips with Meals as part of Packages

May 25, 2021 5112 Views 0 comment Print

In re EVM Motors & Vehicles India Pvt. Ltd. (GST AAR Kerala) The new venture is a resort, in Muhamma in Alapuzha district. As part of this venture, house boats are being acquired and furnished. These house boats are to be used for cruises, overnight cruises and for day trips. Meals are provided as part […]

AAR Kerala allows withdrawal of application by Macro Media Digital Imaging

May 25, 2021 525 Views 0 comment Print

In re Macro Media Digital Imaging Pvt. Ltd. (GST AAR Kerala) The applicant requested advance ruling on the following; i) Whether the transaction of printing of content provided by the customer, on poly vinyl chloride banners and supply of such printed trade advertisement material is supply of goods? ii) What is the classification of such […]

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