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Archive: 23 September 2021

Posts in 23 September 2021

PLI Scheme for Automobile & Auto components Industry

September 23, 2021 3735 Views 0 comment Print

Government has approved the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components Industry in India for Enhancing India’s Manufacturing Capabilities for Advanced Automotive Products with a budgetary outlay of Rs. 25,938 crore.

Ambiguity in holding AGM’s for the FY 2020-2021

September 23, 2021 933 Views 0 comment Print

Ever since the extension in filing dates has been announced by the Income Tax Department, rumors with regard to extension in holding the AGM’s have manifolded. The basis of such rumors rests upon: ♥ The extension granted by the Income Tax Department in filing the Returns. ♥ Wrong interpretation of Circular No. 2/2021 issued on […]

Central Motor Vehicles (Twenty first Amendment) Rules, 2021

September 23, 2021 8844 Views 0 comment Print

Rules for RECOGNITION, REGULATION AND CONTROL OF AUTOMATED TESTING STATIONS” G.S.R. 652(E) dated 23 September 2021 1. Section 56(2) of Motor Vehicle Act, 1988 introduced through Section 23 on Motor Vehicles (Amendment) Act 2019, empowers the Central Government to make rules for recognition, regulation and control of Automated Testing Stations. 2. An Automated Testing Station […]

Merely for numbering appeal filed with CESTAT cannot be treated under arrears category to deny SVLDRS benefit 

September 23, 2021 696 Views 0 comment Print

R.Shanmugam Pillai & Sons Vs Designated Committee (Madras High Court) No denial of SVLDRS benefit by treating assessee under arrears category on basis of numbering of appeal and pending adjudication before CESTAT Conclusion: Even though assessee filed an appeal on 10 days prior to the cut off date before the CESTAT, therefore, on 30.06.2019, in […]

DGTR recommends anti-dumping duty on imports of Ceftriaxone Sodium Sterile

September 23, 2021 660 Views 0 comment Print

DGTR recommends the imposition of the antidumping duty on the imports of Ceftriaxone Sodium Sterile, originating in or exported from China PR, from the date of notification to be issued in this regard by the Central Government, equal to the amount mentioned in Col. 7 of the duty table appended below. The landed value of […]

Impose anti-­dumping duty on Import of HFC Component R-32: DGTR

September 23, 2021 2307 Views 0 comment Print

Authority is of the view that imposition of anti­dumping duty on Import of Hydrofluorocarbon (HFC) Component R-32 is required to offset dumping and injury. The Authority considers it necessary and recommends imposition of anti-dumping duty on imports of subject goods from the subject country. Having regard to the lesser duty rule followed by the Authority, […]

China dumping Silicone Sealants at below normal value: DGTR

September 23, 2021 1743 Views 0 comment Print

The product under consideration i.e. Silicone Sealants has been exported from the China at a price below the normal value, thus resulting in dumping. The domestic industry has suffered material injury. The examination of the imports of the subject product and the performance of the domestic industry shows that the volume of imports from subject […]

DRI seizes 3004 kg of Heroin at Mundra – arrest of eight persons

September 23, 2021 717 Views 0 comment Print

In its continued crackdown on smuggling of Heroin into India,Directorate of Revenue Intelligence (DRI) detained two containers on 13.09.2021for examination that had arrived at Mundra Port from Kandhar, Afghanistan via Bandar Abbas, Iran.

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