The following fee structure shall be applicable to all Debenture Trustees in the IFSC a) Application fee of USD 500; b) Registration fee of USD 2,500; For manner of payment for the above fees, refer to the circular Account Details for fee to be remitted to IFSCA dated September 08, 2021.
In view of the current international situation, Department of Commerce and DGFT have undertaken to monitor the status and related difficulties being faced by stakeholders on Russia/Ukraine trade related issues. Department of Commerce/DGFT has operationalised a Helpdesk to support and seek suitable resolutions to issues related to India’s International Trade in this regard with immediate effect.
In re Vinayak Buildcon (GST AAAR Rajasthan) It was held that AAR has rightly rejected the application seeking advance ruling as the question posted by the appellant is related to supplies undertaken by them prior to the date of filing of the application. Read AAR Order:- Advance ruling cannot be given on supply already undertaken […]
Stay order passed by Assessing Officer did not indicate or disclose any application of mind in considering prayer of assessee for stay of demand, said order deserved to be set aside
The supply of Ready to Serve Fruit Beverage named as Fizzy Apple and Fizzy Malt made by the applicant is classifiable as ‘Carbonated Beverages with Fruit Juice’ under entry No.12B of HSN Code 2202 under Sch.IV, per notfn No.01/2017-CT(R) dated 28.6.2017 as amended vide notfn No.8/2021-CT(R) dated 30.9.2021 and is liable to GST @28% & 12% Compensation Cess per notfn No.1/2021-CC(R) dated 30.9.2021.
Whether Financial Creditor of Holding Company Considered as Financial Creditor of Subsidiary in Case Loan to Holding Company Is Secured by Subsidiary Anuj Jain Interim Resolution Professional for Jaypee Infratech Limited Vs Axis Bank Limited Etc. (Supreme Court), Appeal Number : Civil Appeal Nos. 8512-8527 Of 2019, Date of Judgement/Order : 26/02/2020 Sub: The case essentially […]
बजट में इस बार प्रस्तावित किया गया कि दवाई कंपनियां डाक्टरों को जो भी गिफ्ट फ्रिबीज़ देंगी, वह न केवल डाक्टर की आय में जोड़ा जाएगा, साथ ही इसका खर्च कंपनियों को आयकर के अन्तर्गत मान्य नहीं होगा. इंडियन मेडिकल काउंसिल के विनियमन, 2002 के उपनियम के मुताबिक डॉक्टरों को फार्मा कंपनियां का फ्रीबी देना […]
As I am penning down this piece, the market capitalisation worth Rs. 13.4 lakhs crores have already been eroded with BSE index plunging by 2700 points and NSE index tanking by 815 points, on account of Russia’s launching of a special military operation cum all-out invasion by land, air and sea of Ukraine on 24.2.2022. […]
ACIT Vs Gujarat Ambuja Exports Ltd. (ITAT Ahmedabad) The ld.counsel for the assessee at the very outset submitted that as far as amounts mentioned under the head interest on NSC and interest on staff loan is concerned they are not in dispute. The deduction claimed under section 80IC with regard to both these items have […]
Relaxation is hereby being given to intermediaries / market participants w.r.t. compliance with the prescribed timelines which has been extended to June 30, 2022 in view of the Covid-19 situation. The aforesaid relaxation shall be applicable for items No. 1-7 mentioned at para no. 2 above.
