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Archive: 29 December 2021

Posts in 29 December 2021

CBIC amends 7 custom notifications giving exemption to electronic & defense equipment

December 29, 2021 4188 Views 0 comment Print

CBIC amends various notifications giving exemption to electronic and defense equipment to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 57/2021-Customs | Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 57/2021-Customs | Dated: 29th December, 2021 G.S.R. 906(E).—In exercise of the powers conferred by sub-section (1) of section […]

CBIC amends notification no. 82/2017-Customs to align with HSN 2022

December 29, 2021 7320 Views 0 comment Print

CBIC amends notification no. 82/2017-Customs to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 56/2021-Customs | Dated: 29th December, 2021 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 56/2021-Customs | Dated: 29th December, 2021 G.S.R. 905(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]

CBIC amend notification no. 50/2017-Customs to align with HSN 2022

December 29, 2021 49365 Views 0 comment Print

CBIC amends notification no. 50/2017-Customs to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 55/2021-Customs | Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 55/2021-Customs | Dated: 29th December, 2021 G.S.R. 904(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]

Maintenance of Current Accounts in multiple banks by Insurance Intermediaries including entities sponsored by them

December 29, 2021 435 Views 0 comment Print

It has been observed that the insurance intermediaries maintain multiple current accounts with banks at different operational levels, i.e., Branch offices, Corporate office, etc., for regulatory and other purposes.

CBIC amends 7 anti-dumping duty notifications to align with HSN 2022

December 29, 2021 912 Views 0 comment Print

CBIC amends various anti-dumping duty notifications to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 78/2021-Customs (ADD) [G.S.R. 909(E)], Dated: 29.12.2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 78/2021-Customs (ADD) | Dated: 29th December, 2021 G.S.R. 909(E).—In exercise of the powers conferred by sub-sections (1), (2) and (5) of section 9A […]

Fine & Action by SEBI for non-compliances by issuers of listed NCS/CP

December 29, 2021 13356 Views 0 comment Print

SEBI issued a Circular and notified Fine to be levied in case of non-compliance(s) by issuers of listed Non-Convertible Securities and/or Commercial Papers and Action to be taken in case of non-compliances by issuers of listed Non-Convertible Securities (NCS) and/or Commercial Papers (CP). Securities and Exchange Board of India CIRCULAR SEBI/HO/DDHS_Div2/P/CIR/2021/699 December 29, 2021 To, […]

CBIC amends notification no. 03/2019-CE to align with HSN 2022

December 29, 2021 933 Views 0 comment Print

Seeks to amend notification no. 03/2019-Central Excise to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 10/2021-Central Excise | Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 10/2021-Central Excise | Dated: 29th December, 2021 G.S.R. 910(E).—In exercise of the powers conferred by sub-section (1) of section 5A of […]

Election Laws (Amendment) Act, 2021

December 29, 2021 534 Views 0 comment Print

The electoral registration officer may for the purpose of establishing the identity of any person require that such person may furnish the Aadhaar number given by the Unique Identification Authority of India as per the provisions of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016:

Narcotic Drugs and Psychotropic Substances (Amendment) Act, 2021

December 29, 2021 228 Views 0 comment Print

1) This Act may be called the Narcotic Drugs and Psychotropic Substances (Amendment)Act, 2021. (2) It shall be deemed to have come into force on the 1st day of May, 2014.

Substantial benefit provided in Notifications cannot be denied for procedural lapses

December 29, 2021 9624 Views 0 comment Print

In present facts of the case, while dismissing appeal of the Revenue, the Hon’ble CESTAT observed that substantial benefit provided by Notifications can’t be denied on procedural lapse.

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