Non- fungible tokens (NFT), is a fairly novel concept but also one that has gained popularity all around the globe in a short span of time and has piqued the interest of society at large. They can be termed as a data unit stored on a digital public ledger i.e. the block chain that verifies a digital asset as unique and thus non-transferable.
Vageesh Umesh Jaiswal Vs State of Gujarat (Gujarat High Court) The whole object of issuing a show-cause notice is to make the recipient of the notice understand what the authority is trying to convey and what are the nature of the allegations. In the case on hand, when there are allegations of bogus billing, it […]
Update on 06.01.2022 at 11 PM Matter was listed today for hearing. Advocate (Dr.) Avinash Poddar along with Advocate Nipun Singhvi appeared in the matter and argued the matter. On hearing Dr. Poddar, Hon’ble Court was pleased to issued notice to Union and CBDT. Now the matter is scheduled to get listed for further hearing […]
SEBI, the industry regulator, has issued simplified and standardised guidelines for investor service requests, including establishing a framework for providing PAN, KYC details, bank details, signature, concern of duplicate shares, change of status for NRIs, nomination description, and other information by holders of physical shares. SEBI has also urged corporations and RTAs to execute such […]
A revamped & enhanced version of Search HSN Functionality has been launched on the GST Portal. The Search HSN functionality was earlier given as a measure of facilitation to the taxpayer to search the Technical Description of any particular HSN code of any goods and/or service used in the Trade, vis-a-vis HSN description in the Customs Tariff […]
Based upon an intelligence that M/s Xiaomi Technology India Private Limited (Xiaomi India) was evading customs duty by way of undervaluation, an investigation was initiated by the Directorate of Revenue Intelligence (DRI) against Xiaomi India and its contract manufacturers
South Gujarat Textile Processors Association Vs Union of India (Gujarat High Court) 1. The draft amendment, as prayed for, is allowed. The necessary incorporation shall be carried out at the earliest. 2. We have heard Mr. S.S. Iyer, the learned counsel appearing for the writ applicants and Mr. Lodha, the learned standing counsel appearing for […]
Notification No. 1/2022-Customs (ADD) – Seeks to rescind notification No. 30/2016 dated 11.07.2016 which seeks to impose Anti-dumping Duty on Imports of 1,1,1,2-Tetrafluoroethane or R-134a from China PR. MINISTRY OF FINANCE DEPARTMENT OF REVENUE Notification No. 1/2022-Customs (ADD) New Delhi, the 6th January, 2022 G.S.R. 8(E).—In exercise of the powers conferred by sub-sections (1) and […]
Insurance Regulatory and Development Authority of India had set up a working group to make recommendations on Loss Prevention and Minimisation in the general insurance industry
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Dated: 06th January 2022 Udyog Bhawan, New Delhi Trade Notice No. 29/2021-2022 To, All Exporters/Members of Trade All Export Promotion Councils/Commodity Boards Subject: Continuation of operations of the DGFT ‘COVID-19 Helpdesk’ for International Trade related Issues’ Department of Commerce […]
