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The 73rd Chartered Accountants’ Day was celebrated today i.e. on July 1st all across the country with great enthusiasm and zeal. July 1st is a landmark day in the history of The Institute of Chartered Accountants of India (ICAI) as on this day in the year 1949, the Institute was set up to regulate the Profession of Chartered Accountancy in India.
In re Uwas Recycler LLP (CAAR Mumbai) CAAR held that goods ‘mill processed non-alloy ferrous waste metal goods wound in coil’ does not appear to be waste or scrap, and therefore, not classifiable under sub heading 72044900. These goods merit classification under subheading 72099000. FULL TEXT OF THE ORDER OF CUSTOMS AUTHORITY FOR ADVANCE RULING, […]
In re Sh. Sunil Chandrana (CAAR Mumbai) CAAR rules that Glyteine (Gamma Glutamylcysteine), packaged in 415 mg. sachets and branded as Continual-G merits classification under sub-heading 21069099 of the first schedule to the Customs Tariff Act, 1975. FULL TEXT OF THE ORDER OF CUSTOMS AUTHORITY FOR ADVANCE RULING, MUMBAI Ruling An application for advance ruling […]
A kickback is an illegal payment intended as compensation for favourable treatment or any other type of improper services received. The kickback may be money, a gift, credit, or anything of value. Kickbacks are often referred to as a type of bribery. The kickback are different from other kinds of bribes in that there is […]
Form IEPF-2 is required to be filed by the company/Corresponding New Bank which shall contain investor wise details of unclaimed and unpaid amounts in respect of dividends, debentures, deposits, etc.
Unique Identification Authority of India (UIDAI) today said that all its services are stable and functioning fine. There have been no outages in its Aadhaar – PAN/EPFO linking facility which is authentication-based facility.
Extension of closing date of late fee amnesty scheme and time limit for filing of application for revocation of cancellation of registration under GST Act vide Notification No. 32/2021- Central Tax to Notification No. 34/2021- Central Tax dated 29.08.2021
Based on the multiple representations received, Government has also extended the timelines for filing of application for revocation of cancellation of registration to 30.09.2021, where the due date of filing of application for revocation of cancellation of registration falls between 01.03.2020 to 31.08.2021. The extension would be applicable only in those cases where registrations have […]
Government, vide Notification No. 19/2021- Central Tax, dated 01.06.2021, had provided relief to the taxpayers by reducing / waiving late fee for non-furnishing FORM GSTR-3B for the tax periods from July, 2017 to April, 2021, if the returns for these tax periods are furnished between 01.06.2021 to 31.08.2021. The last date to avail benefit of […]
The filing of FORM GSTR-3B and FORM GSTR-1/ IFF by companies using electronic verification code (EVC), instead of Digital Signature certificate (DSC) has already been enabled for the period from 27.04.2021 to 31.08.2021. This has been further extended to 31st October, 2021. Notification No. 32/2021-Central Tax | Dated: 29th August, 2021 | Central Goods and […]
