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Archive: 20 May 2022

Posts in 20 May 2022

Notification No. 44/2022 – Customs (N.T.) Dated: 20th May, 2022

May 20, 2022 14049 Views 0 comment Print

CBIC notifies Customs Tariff (Determination of Origin of Goods under the Comprehensive Economic Partnership Agreement between the Republic of India and Japan) Amendment Rules, 2022 vide Notification No. 44/2022 – Customs (N.T.) Dated: 20th May, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 20th May, 2022 Notification No. 44/2022 – Customs (N.T.) […]

CBIC imposes ADD on PU Leather originating in or exported from China PR

May 20, 2022 20448 Views 0 comment Print

CBIC imposes ADD on PU Leather originating in or exported from China PR vide Notification No. 14/2022-Customs (ADD) Dated: 20th May, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 20th May, 2022 Notification No. 14/2022-Customs (ADD) G.S.R. 374(E).—Whereas in the matter of “Polyurethane Leather which includes any kind of textile coated one sided or […]

Companies (Incorporation) Second Amendment Rules, 2022 – Form No. INC-9

May 20, 2022 11037 Views 0 comment Print

MCA has released vide Companies (Incorporation) Second Amendment Rules, 2022 substituted FORM NO. INC-9 – Declaration by Subscribers and First Directors. Summary of the Notification: 1. The MCA has revised format of e-Form No. INC-9 to insert declaration on compliance with Government approval requirement under FEMA: Below new checkboxes are included in e-Form No. INC-9:- I am […]

Indian Boiler (Amendment) Regulations, 2022

May 20, 2022 7386 Views 0 comment Print

(1) These regulations may be called the Indian Boiler (Amendment) Regulations, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

Steel Authority of India Ltd. (SAIL) is a ‘Government Entity’ for GST purpose

May 20, 2022 3753 Views 0 comment Print

AAR hold that Steel Authority of India Ltd., SAIL is a ‘Government Entity’, therefore the tax rate applicable to value of contract (works contract service only) between the Applicant and M/s SAIL is leviable at 12% [CGST @ 6% + SGST 6%]

IAs should advise clients only in direct plans on products & not on regular mode

May 20, 2022 309 Views 0 comment Print

In view of the SEBI Circular dated September 23, 2020 which, inter alia, states that ‘IA’ shall, wherever applicable, advice direct plans (non-commission based) on products only, it is informed that the extant provisions envisage lAs advising its clients only in direct plans on products and not on regular mode. Thus, you may advise your […]

Classification of goods – Pattadar pass book cum title deed

May 20, 2022 6663 Views 0 comment Print

HC held that ’Pattadar Pass Book cum Title Deed’ is classifiable under HSN 4820 and it is not a document classifiable under HSN 4907.

CBI books 5 for bribery to facilitate visa to Chinese company

May 20, 2022 777 Views 0 comment Print

Central Bureau of Investigation CBI Registers A Case Against Five Accused On Certain Allegations Including Bribery To Facilitate Issuance Of Visa To A Chinese Company Beyond Ceiling; Searches Being Conducted At Around Ten Locations The Central Bureau of Investigation has registered a case against five accused including private persons based at Chennai, Mumbai; private companies […]

SEBI modifies Cyber Security and Cyber Resilience framework

May 20, 2022 744 Views 0 comment Print

SEBI modifies prescribed framework for Cyber Security and Cyber Resilience for stock exchanges, clearing corporations and depositories.

IBBI warns IP to be extremely careful & ensure full compliance with IBC Laws

May 20, 2022 2001 Views 0 comment Print

Section 28(1)(a) of the Code states that an IP shall take prior approval of the CoC before raising any interim finance in excess of the amount which has been decided by the CoC. This means that all the CoC members shall have final call as to what amount, whether initial or additional, may be raised […]

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