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Archive: June, 2021

Posts in June, 2021

Delta and Delta Plus Variants: FAQs

June 29, 2021 1707 Views 0 comment Print

Section 2(34) of the Companies Act, 2013 defines director to mean a director appointed to the Board of the Company. Only Individuals can be appointed as Directors in a company. It is not the name by which a person is called but by the position he occupies and the functions and duties that he discharges that determine whether in fact, he is a director or not.

Cross Margin in Commodity Index Futures & its underlying constituent futures or its variants

June 29, 2021 597 Views 0 comment Print

Securities and Exchange Board of India Circular No.: SEBI/HO/CDMRD/CDMRD_DRM/P/CIR/2021/586 June 29, 2021 To, The Managing Directors / Chief Executive Officers, All Clearing Corporations having Commodity Derivatives Segment Sir / Madam, Sub: Cross Margin in Commodity Index Futures and its underlying constituent futures or its variants 1. SEBI has prescribed norms, inter-alia, for providing margin benefit […]

SEBI Board Meeting 29th June 2021- 11 Things to Know

June 29, 2021 1671 Views 0 comment Print

The Board considered and approved the proposals relating to the review and merger of the SEBI (Issue and Listing of Debt Securities) Regulations, 2008 and SEBI (Non-Convertible Redeemable Preference Shares) Regulations, 2013 into a single Regulation to be called– SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

Clarification on withdrawal/closure of accounts under National Savings Schemes- Reg.

June 29, 2021 6645 Views 1 comment Print

As per Rule 12 of Govt. Savings Promotion General Rules, 2018 issued vide GSR No. 1003(E) dated 05.10.2018 circulated vide SB Order No. 13/2019 dated 18.12.2019, at the time of payment of maturity proceeds or partial withdrawal or interest, the depositor shall affix his signature or thumb impression in the presence of the authorised officer who shall verify the identity of the person

Motor Car Air Springs (shock absorber) classifiable under CTH 8708: AAAR

June 29, 2021 2055 Views 0 comment Print

In re SI AIR Springs Private Limited (GST AAAR Tamilnadu) In the case at hand, the product is not a joint, washer or the like, it is an ‘Air bellow’, a specifically designed part for use in the Motor Vehicle as a Shock absorbent and therefore, even if the part which gives the essential character […]

Govt notifies applicability of section 128 of Finance Act, 2021

June 29, 2021 3198 Views 0 comment Print

MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 29th June, 2021 S.O. 2616(E).—In exercise of the powers conferred by section 128 of the Finance Act, 2021 (13 of 2021) (hereafter in this notification referred to as the said Act), the Central Government hereby appoints the 30th day of June, 2021 as the […]

Review of Anti-Dumping Duty imposed on Imports of Clear Float Glass

June 29, 2021 2547 Views 0 comment Print

Sunset Review of Anti-Dumping Duty imposed on Imports of Clear Float Glass originating in or exported from Iran vide Initiation Notification no. F. No. 7/15/2021-DGTR Dated: 29th June, 2021 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) INITIATION NOTIFICATION New Delhi, the 29th June, 2021 Case No. AD (SSR)-13/2021 Subject: […]

Anti-Dumping duty on ‘Cold-Rolled flat products of alloy or non-alloy steel’ extended

June 29, 2021 1107 Views 0 comment Print

CBIC amends notification No. 18/2017-Customs (ADD), dated the 12th May, 2017 to extend the levy of Anti-Dumping duty on ‘Cold-Rolled flat products of alloy or non-alloy steel’ originating in or exported from China PR, Japan, Korea RP or Ukraine, up to and inclusive of 15th December, 2021 vide Notification No. 37/2021-Customs (ADD) | Dated: 29th […]

Anti-Dumping duty on ‘Hot-Rolled flat products of alloy or non-alloy steel’ Extended

June 29, 2021 3027 Views 0 comment Print

CBIC amends Notification No. 17/2017-Customs (ADD), dated 11th May, 2017 to extend the levy of Anti-Dumping duty on ‘Hot-Rolled flat products of alloy or non-alloy steel’ originating in or exported from China PR, Japan, Korea RP, Russia, Brazil or Indonesia, up to and inclusive of 15th December, 2021 vide Notification No. 36/2021-Customs (ADD) | Dated: […]

Anti-Dumping Duty On ‘Tyre Curing For Tyres Extended

June 29, 2021 759 Views 0 comment Print

CBIC amends notification No. 11/2016-Customs (ADD), dated the 29th March, 2016 to extend the levy of Anti-Dumping duty on ‘Tyre Curing Presses also known as Tyre Vulcanisers or Rubber Processing Machineries for tyres, excluding Six Day Light Curing Press for curing bi-cycle tyres’ originating in or exported from China PR, up to and inclusive of […]

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