"20 January 2022" Archive

RBI issues regulations under amended Factoring Regulation Act, 2011

Press Release: 2021-2022/1576 20/01/2022

RBI issues regulations under the amended Factoring Regulation Act, 2011 Government of India has recently amended the Factoring Regulation Act, 2011 (the Act) which widens the scope of companies that can undertake factoring business. The Act permits Trade Receivables Discounting System (TReDS) to file the particulars of assignment of recei...

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Gas Cylinders (Amendment) Rules, 2022

Notification No. G.S.R. 44(E) 20/01/2022

ll the high pressure cylinders and Cryogenic containers used for filling of Non-Toxic, Non-Flammable Gases and Liquids shall have permanent and tamper proof marking in form of Bar Code or RFID or QR code or any means of electronic identification number at conspicuous place on cylinders and containers....

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MTPA Call for GST protest week and common representation

The major issues at present are related to cancellation of registration, notices for ITC claims. We are preparing proposed common representation, which we will share with you in a day or two. We appeal to you to keep a week 24th Jan to 28 Jan 2022 for this purpose of nationwide common representation....

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Posted Under: Fema / RBI |

Notification to re-constitute Himachal Pradesh Appellate Authority for Advance Ruling

Notification No. EXN-F(10)-22/2017 20/01/2022

Governor of Himachal Pradesh, in supersession of this department’s notification of even No. dated 14.09.2020, published in the e-Rajpatra, Himachal Pradesh on 17.09.2020, is pleased to re-constitute the Himachal Pradesh Appellate Authority for Advance Ruling consisting of the following members, namely:-...

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Notification to re-constitute Himachal Pradesh Authority for Advance Ruling

Notification No. EXN-F(10)-22/2017 20/01/2022

Governor of Himachal Pradesh, in supersession of this department’s notification of even No. dated 02.09.2021, published in the e-Rajpatra, Himachal Pradesh on 06.09.2021, is pleased to re-constitute the Himachal Pradesh Authority for Advance Ruling consisting of the following members, namely:-...

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Budget 2022: Provision of Social Security for Income Tax Assessees- Need of Hour

The Developed countries provide for Social Security for it’s  Citizens. The citizens who spend their whole life in the service of the country & the society after long hard work do need Social Security. In our country, those in Government & Semi Government jobs get social security through various Government schemes while in ...

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Posted Under: Fema / RBI |

Extortion of money in the names of Customs Officers

Public Notice No. 03/2022 20/01/2022

Beware of fraudsters extorting money in the name of Indian Customs! Indian Customs never calls or send SMS for paying Customs Duty in a personal bank account. All communication from Indian Customs contain a DIN which can be verified on CBIC website. Public Notice has been issued as below- OFFICE OF THE COMMISSIONER OF CUSTOMS […]...

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ICAI removes names of 8 CA members wef 20th January, 2022

Notification No. PR-174/2012-DD/189/2012-DC/444/2016 20/01/2022

ICAI removes names of 8 Chartered Accountants from the Register of Members with effect from 20th January, 2022 vide various notifications issued by it on 20th January, 2022 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 20th January, 2022 (Chartered Accountants) No. PR-174/2012...

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Mango Pulp/Puree’ classifiable under Tariff Item 08045040, 18% GST chargeable

In re Foods and Inns Limited (GST AAAR Andhra Pradesh)

In re Foods and Inns Limited (GST AAAR Andhra Pradesh) The ‘Mango Pulp / Puree’ is classifiable under Tariff Item 0804 50 40 and chargeable to GST @ 18% as per entry No.453 of Schedule III in Notification No. 1/2017 – Central Tax (Rate) Dated 28.06.2017. FULL TEXT OF THE ORDER OF APPELLATE AUTHORITY FOR […]...

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Mango Pulp / Puree’ is classifiable under Tariff Item 08045040

In re Manjunatha Fruit Canning Industries  (GST AAAR Andhra Pradesh)

In re M/s. Sri Manjunatha Fruit Canning Industries  (GST AAAR Andhra Pradesh) The ‘Mango Pulp / Puree’ is classifiable under Tariff Item 0804 50 40 and chargeable to GST @ 18% as per entry No.453 of Schedule III in Notification No. 1/2017 – Central Tax (Rate) Dated 28.06.2017. FULL TEXT OF THE ORDER OF APPELLATE […]...

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