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Archive: 28 September 2022

Posts in 28 September 2022

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 16, 2024 3804 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 14, 2024 3474 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Company & directors penalised for non-appointment of woman director

September 28, 2022 13908 Views 0 comment Print

ROC, Delhi penalizes Company & directors for non-appointment of mandatory woman director  1. ROC, Delhi imposes a penalty of Rs. 4.76 lakh on a Company and its Directors for non-appointment of woman Director, in violation of Sec. 149 of the Companies Act, 2013 r.w. Rule 3(ii) of the Companies (Appointment and Qualification of Directors) Rules, […]

MCA extends time for DIR-3KYC till October 15, 2022

September 28, 2022 16041 Views 1 comment Print

MCA allows filing of e-form DIR-3-KYC and web-form DIR-3-KYC-WEB without filing fee upto 15th October, 2022 vide General Circular No. 09/2022

8 Points – GST compliances before the end of September 2022

September 28, 2022 15105 Views 4 comments Print

Ensure GST compliances before September 2022. Reconcile GSTR 2B with input tax credit and avoid financial loss on unclaimed ITC.

Cenvat credit available on service tax paid to commission agent

September 28, 2022 1701 Views 1 comment Print

Calcutta High Court held that cenvat credit of service tax paid to the commission agent is available, as the commission so paid is included in the assessable value of the final product.

Extended period of limitation cannot be invoked due to mere change of departmental view

September 28, 2022 3234 Views 0 comment Print

Bombay High Court held that mere change of view by the department, the respondent could not have been said to have either mis-declared or suppressed facts in classifying its goods at the time of its import and hence extended period of limitation cannot be invoked.

Procedure for Registration Certificate for Import of Fresh (green) Areca Nut from Bhutan

September 28, 2022 2034 Views 0 comment Print

Procedure for application/Issuance of Registration Certificate for Import of Fresh (green) Areca Nut under ITC(HS) 0802 80 10 without Minimum Import Price (MIP) condition from Bhutan have been notified. Public Notice No. 25/2015-20 Dated 28th September, 2022. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. […]

Amendment in Import Policy of Fresh (green) Areca Nut from Bhutan

September 28, 2022 2931 Views 0 comment Print

Import of 17,000 MTs of Fresh (green) Areca Nut without Minimum Import Price (MIP) condition shall he allowed from Bhutan every year through LCS Jaigaon (INJIG13), subject to valid Registration Certificate issued by DGFT.

Guidelines for preferential issue & institutional placement of units by a listed REIT amended

September 28, 2022 819 Views 0 comment Print

Units of the same class, which are proposed to be allotted have been listed on a stock exchange for a period of at least six months prior to the date of issuance of notice to its unit holders for convening the meeting to pass the resolution in terms of clause 2.1 above

Guidelines for preferential issue & institutional placement of units by a listed InvIT amended

September 28, 2022 426 Views 0 comment Print

Amendments to guidelines for preferential issue and institutional placement of units by a listed InvIT vide Circular No. SEBI/HO/DDHS/DDHS_Div3/P/CIR/2022/129 | Dated: September 28, 2022. Securities and Exchange Board of India Circular No. SEBI/HO/DDHS/DDHS_Div3/P/CIR/2022/129 | Dated: September 28, 2022 To All Infrastructure Investment Trusts (“InvITs”) All Parties to InvITs All Recognised Stock Exchanges All Depositories All […]

SEBI: Credit Ratings supported by Credit Enhancement (CE)

September 28, 2022 828 Views 0 comment Print

This circular shall be applicable to credit ratings of securities that are listed, or proposed to be listed, on a recognized stock exchange, and other credit ratings that are required under various SEBI Regulations or circulars thereunder.

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