Sponsored
    Follow Us:

Archive: 06 September 2021

Posts in 06 September 2021

GST on payment of settlement fees against demand

September 6, 2021 5586 Views 0 comment Print

In re GSPC (JPDA) LTD. (GST AAR Gujarat) Issue: Whether payment of settlement fees against demand made by Autoridade Nacional do Petroleo E Minerais (ANP) vide letter dated 15.07.2015 attract levy of GST under GST regulations. Ans. GSPC (J) is liable to pay IGST, vide Reverse Charge Mechanism, on Import of Subject supply of Service […]

Mere conviction under N.I. Act cannot lead to presumption of contravention of Section 269SS provisions

September 6, 2021 1533 Views 0 comment Print

Mohan Lal Vs JCIT (ITAT Jaipur) Magistrate had convicted the assessee on the complaint filed U/s 138 of the N.I. Act by Shri Aditya Kumar Sharma but that does not ipso facto mean that assessee has taken or accepted any loan or deposit or any specified sum in cash from the said Aditya Kumar Sharma. […]

Procedure for import of 250K MT of Urad & 100K MT of tur from Myanmar under MoU

September 6, 2021 561 Views 0 comment Print

2,50,000 MT of Urad and 1,00,000 MT of tur to be imported from Myanmar, during the fiscal year 2021-22 is allowed for import, subject to the following conditions: a. Import will be allowed only through the following 5 ports: (i) Mumbai, (ii) Tuticorin, (iii) Chennai, (iv) Kolkata and (v) Hazira.

Procedure for import of 50k MT of pigeon peas from Malawi under MoU

September 6, 2021 1068 Views 0 comment Print

50,000 MT of tur (pigeon peas) to be imported from Malawi, during the fiscal year 2021-22 is allowed for import, subject to the following conditions: a. Import will be allowed only through the following 5 ports: (i) Mumbai, (ii) Tuticorin, (iii) Chennai, (iv) Kolkata and (v) Hazira

GST on PMC services to RUDSICO under Towns Development Sector Project

September 6, 2021 1284 Views 0 comment Print

In re Consulting Engineers Group Limited (GST AAR Rajasthan) Q. Whether the ‘Project Management Consultancy’ services provided to Rajasthan Urban Drinking Water Sewerage and Infrastructure Corporation (RUDSICO) under Rajasthan Secondary Towns Development Sector Project, where Invoice is raised by the Applicant to the Leading Member, who further raise invoice to RUDSICO of complete amount, can […]

Draft Food Safety and Standards (Prohibition and Restrictions on Sales) Amendment Regulations, 2021

September 6, 2021 726 Views 0 comment Print

These regulations may be called the Food Safety and Standards (Prohibition and Restrictions on Sales) Amendment Regulations, 2021.

Competition Commission of India (General) Amendment Regulations, 2021

September 6, 2021 1989 Views 0 comment Print

(1) These regulations may be called the Competition Commission of India (General) Amendment Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Rules and Regulations for Section 8 Company

September 6, 2021 63195 Views 2 comments Print

Section 8 company is a company which is licensed under section 8 of companies act, 2013. It is a non-profit organization (NPO) which is formed with the objective to promote commerce, arts, science, sports, education, research etc. The profit of such types of companies are applied towards the furtherance of their cause and no dividend […]

Rules For Taxable Interest on PF Contribution

September 6, 2021 285888 Views 73 comments Print

1. The Government had capped the tax-free interest earned on provident fund contribution by employees to a maximum of Rs. 2.5 lakh in a year vide Budget 2021-22. 1.1 Section 10(11) and 10(12) of the Income Tax Act provides an exemption for the statutory provident fund and recognized provident fund respectively. Till 31st March 2021, […]

Govt appoints Shri G. S. Pannu as President of ITAT

September 6, 2021 1593 Views 0 comment Print

Central Government is pleased to appoint Shri G. S. Pannu, Vice-President of the Income Tax Appellate Tribunal, as President of the Tribunal in officiating capacity with effect from the forenoon of 6th September, 2021, till the regular President is appointed or until further orders, whichever is earlier.

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