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Archive: July, 2022

Posts in July, 2022

IRDAI Constitutes Task force to study issues faced by Non-Life Insurers & Reinsurers

July 7, 2022 1917 Views 0 comment Print

To examine the matter in detail and to sort out the issues between Non- Life Insurers and Reinsurers, it is decided to constitute a Task Force with the following participants:

Taxing Hospital Rooms: More Problems for Minuscule Tax Collection

July 7, 2022 2724 Views 0 comment Print

Explore the complexities and concerns arising from the recent decision to tax non-ICU hospital room charges exceeding Rs. 5000 per day at 5%, as discussed in the 47th GST Council meeting. Understand the potential impact on healthcare services, billing practices, and compliance challenges.

GSTN advisories does not carry any legal binding on CBIC- RTI Reply

July 7, 2022 7030 Views 0 comment Print

GSTN can issue advisory in respect of IT process designed for return filing process.  Further as the issue pertains to IT process design for filing process, the requirement of approval is not applicable.

Advisory for Anonymised Escalation Mechanism under Faceless Assessment

July 7, 2022 1404 Views 0 comment Print

ICEGATE registered users are required to contact the ICEGATE Helpdesk team on the toll free number 1800-3010-1000 to avail the functionality of Anonymised Escalation Mechanism under Faceless Assessment.

Listed companies to file quarterly Investor Complaints Report with SEBI

July 7, 2022 3048 Views 0 comment Print

Listed entity shall file with the recognized stock exchange(s) on a quarterly basis, within twenty-one days from the end of each quarter

SEBI Cautions against fraudulent calls/e-mails/messages about refund of money

July 7, 2022 516 Views 0 comment Print

SEBI noticed that unscrupulous individuals are trying to cheat public by holding out as officials of Recovery and Refund Department of SEBI and falsely informing them about refund of money in various cases through phone calls/ e-mails/ messages.

Amendment in registration time period of Steel Import Monitoring System

July 7, 2022 13299 Views 0 comment Print

The requirement of advance registration of minimum 15 days from the expected date of arrival of import consignment under SIMS has been abolished. Notification No. 19/2015-2020 | Dated: 7th July, 2022 Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade, New Delhi Notification No. 19/2015-2020 | Dated: 7th […]

SOP prohibiting import of mobile phones with duplicate/fake IMEI

July 7, 2022 2121 Views 0 comment Print

SOP for Implementation of Central Government notification prohibiting import of mobile phones with duplicate, fake and non-genuine International Mobile Equipment Identity (IMEI)

Excisability of waste/residue – CBIC withdrawn Circular No. 1027/15/2016-CX

July 7, 2022 2205 Views 0 comment Print

Bagasse is non-excisable to which the CENVAT Credit Rules have no application, and held that the Circular dated 25.04.2016 is unsustainable in law.

ITR 5 Form – What is ITR-5 Form, Structure & How to File ITR 5

July 7, 2022 5853 Views 0 comment Print

Explore the ITR-5 form for Partnership Firms, LLPs, AOPs, BOIs, and more. Learn about the structure, key changes in AY 2022-23, and how to file ITR-5 online.

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