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Archive: March, 2022

Posts in March, 2022

28% GST & 12% GST Compensation Cess leviable on ‘Apple/Malt Cola Fizzy’

March 7, 2022 3993 Views 0 comment Print

In re Mohammed Hasanbhai Kabala (GST AAR Gujarat) What should be the classification and applicable tax rate on the supply of Ready to Serve Fruit Beverage named as ‘Apple Cola Fizzy’ and ‘Malt Cola Fizzy’ made by the applicant under Notification No. 1/2017 – CT (Rate) dated 28.06.2017 as amended up to date? AAR held […]

No GST on Canteen charges recovered from employees & paid to service provider

March 7, 2022 1353 Views 0 comment Print

In re Astral Ltd. (GST AAR Gujarat) Applicant has arranged a canteen for its employees, which is run by a Canteen Service Provider. As per their arrangement, part of the Canteen charges is borne by Astral whereas the remaining part is borne by its employees. The said employees’ portion canteen charges is collected by Astral […]

Live free Caching Classes for Students of CA Intermediate Course

March 7, 2022 7248 Views 0 comment Print

Live Coaching Classes (LCC Batch -5) commencing from 15th March 2022 for the Students of Intermediate Course appearing in Nov 2022 exam. The Board of Studies (A) is endeavouring and adopting best learning methodologies to reach out to students and provide quality learning & education in an incremental manner. The Board of Studies (Academic) is […]

Comments invited on draft ‘IFSCA Guidance framework on Sustainable and Sustainability linked lending by financial institutions in IFSCs’

March 7, 2022 423 Views 0 comment Print

Invitation for public comments on draft ‘IFSCA Guidance framework on Sustainable and Sustainability linked lending by financial institutions in IFSCs’ The International Financial Services Centres Authority (IFSCA) has been established as a unified regulator to develop and regulate financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs) in India. As […]

CBI arrests A CA & A Joint Commissioner CGST in alleged bribery case

March 7, 2022 2307 Views 0 comment Print

CBI ARRESTS A CHARTERED ACCOUNTANT AND A JOINT COMMISSIONER IN AN ALLEGED BRIBERY OF RS.FOUR LAKH; RECOVERS CASH OF RS.7.4 LAKH(APPROX) The Central Bureau of Investigation has arrested a Chartered Accountant and a Joint Commissioner , CGST, Nagpur in an alleged  bribery of Rs. Four Lakh. A case was registered against a Chartered Accountant on […]

ROC Guwahati invites application for appointment of CA, CS & CMA

March 7, 2022 2001 Views 0 comment Print

Invitation of application for appointment of Chartered Accountant/Company Secretaries/Cost Accountant having requisite qualifications and skills as Young Professionals in the Office of the Registrar of Companies, Guwahati Pursuant to Ministry of Corporate Affairs OM dated 03.07.2019 it is proposed to engage 1 (one) Chartered Accountants/Company Secretaries/Cost Accountant as Young Professional for attending to specific and […]

Woes and sufferings of business community

March 7, 2022 483 Views 0 comment Print

We invoke your kind attention towards your vision of uplifting the small businesses in the Country and providing them ease of doing business which have been greatly appreciated by traders across the Country and it is a matter of record that business community did not leg behind in carrying your vision of Atamnirbhar Bharat, Digital India, Vocal on Local, Skill India and others down the line across nook & corner of the Country.

Last date extended for applications under MEIS, ROSCTL, ROSL

March 7, 2022 17781 Views 0 comment Print

Extension of MEIS / Ad-hoc Incentive Scheme / ROSCTL / ROSL The last date for submitting applications under MEIS (for exports made in the period – 01.04.2020 to 31.12.2020), ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP, only for exports made in the period 01.01.2020 to 31.03.2020) has been extended. […]

Investment Manager of SEBI registered AIF can provide investment management services to offshore fund

March 7, 2022 2046 Views 0 comment Print

Q1. Whether the Applicant which is already acting as the Investment Manager of the SEBI registered Alternative Investment Fund can provide investment management services to the offshore fund and Whether the Applicant is required to obtain registration as a Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 2020, in order to provide investment management services […]

RERA – Importance of Providing Uniform Data

March 7, 2022 1947 Views 0 comment Print

One of the Objectives of RERA is to bring, enhance Transparency in the Real Estate Industry. Transparency has become the new paradigm of economic activities and no exception to real estate, it has a special significance due to the regulatory, economic, social, and environmental importance of properties. Although significant progress has been made in recent […]

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