CBIC amends notification No. 56/2000-Customs, dated the 5th May, 2000 to apply Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 (IGCR Rules) with effect from 01.10.2022 vide Notification No. 47/2022-Customs | Dated: 7th September, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 47/2022-Customs | Dated: 7th September, 2022 G.S.R. […]
ITAT held that even if you invoke provisions of Sec.47A(3) of the Act, to withdraw exemption granted u/s.47(xiv)(b) of the Act, but, in principle there cannot be any capital gains on transfer of goodwill, because, said goodwill is not self-generated or created on account of conversion of proprietary concern into a Pvt. Ltd. Co., but acquired by incurring cost.
It has been decided to close the 54 EC capital gain bond issue 2022-23 of NHAI with Immediate effect. Accordingly, please ensure that no fresh application/money is accepted for these bonds on or after 3rd September 2022. Bank are requested to freeze the credit in the bank accounts opened for NHAI 54 EC bonds collection from 03rd Sept 2022.
Online Request for Quotation (e-RFQ) for Engagement of external Auditors for conducting Forensic Audit of 01 (One) borrower group of the bank covering the period from year 01.01.2002 to 31.03.2013 in Fund Based Working Capital account and Non-Fund Based facilities. The borrower company is having its operations at Jammu & Ludhiana and registered office(s) at Ludhiana, Punjab. […]
Listed entities are advised to take note of the below notice inter alia advising regarding Submission of information pertaining to ‘Unclaimed Non-convertible Securities’ as on August 31, 2022, as per format given in the attached notice. The aforementioned information is to be submitted to the email ids mentioned in the attached notice latest by September […]
SEBI Settlement Scheme, 2022 would be applicable in respect of entities that have executed reversal trades in illiquid stock options segment of BSE between April 1, 2014 and September 30, 2015
If foreign company wants to expand its business then start it with incorporating a subsidiary in India. Although foreign owned subsidiary has to follow more rules and regulations (applicable laws in India) as compared to Indian owned companies. Before proceeding further get a look into the basic terminology as per Indian Law.
In re MED Equipments (GST AAR Telangana) In the reference 1st cited, M/s. MED Equipments, Hyderabad, (36AALFM8128Q1ZG) has sought certain clarification by filing an application for Advance Ruling. The Case was posted for personal hearing on 24-03-22, 27-04-2022, 28-06-2022& 25-08-2022, However, in the reference 10th cited, M/s. MED Equipments, Hyderabad, have informed that they intended to […]
Government of India Ministry of Finance Commissioner of Customs, NS-Audit Jawaharlal Nehru Custom I-louse Nhava Sheva, Tal: Uran. Dist: Raigad. Maharashtra-400 707 F.No. S2-PCA-Gen-101/2018-19/JNCH Pt. III Date: 07.09.2022 Standing Order No. 11/2022-23 Sub.: Implementation of RMS for processing of Duty Drawback claims. -Reg. CBIC has issued Circular No. 15/2021-Cus dated 15/07/2021, regarding the above-mentioned subject. […]
The guarantees provided under the respective schemes should comply with the requirements for credit risk mitigation in terms of paragraph 7.5 of the Master Circular on Basel III Capital Regulations dated April 1, 2022 which inter alia requires such guarantees to be direct, explicit, irrevocable and unconditional
