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Archive: 31 October 2022

Posts in 31 October 2022

Mechanism for implementation of additional basic excise duty on sale of unblended petrol

October 31, 2022 627 Views 0 comment Print

Mechanism for implementation of additional basic excise duty @Rs. 2 per litre levied on sale of unblended motor spirit (commonly known as petrol) – Circular No. 1085/06/2022-CX

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2022

October 31, 2022 621 Views 0 comment Print

Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2022

DRI seize 3.8 kgs Heroin, 35 kgs Gold & 12 lakh sticks of Cigarettes

October 31, 2022 372 Views 0 comment Print

DRI seize about 3.8 kgs of Heroin estimated to be valued at more than Rs. 26.66 Crore in Meghalaya. DRI intercepted more than 35 kgs of foreign origin Gold, valued at more than Rs. 18 Crore. DRI conducting multiple simultaneous searches recovered more than 12 lakh sticks of foreign origin Cigarettes along with about two thousand pouches of Tobacco.

CBIC notifies export duty exemption to specified varieties of Rice

October 31, 2022 3036 Views 0 comment Print

CBIC provides export duty exemption to specified varieties of Rice subject to the prescribed condition(s) vide Notification No. 55/2022-Customs [G.S.R. 796(E).], Dated: 31.10.2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 55/2022-Customs|Dated: 31st October, 2022 G.S.R. 796(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]

Rating Scales Used by Credit Rating Agencies (CRAs) – Guidelines

October 31, 2022 1368 Views 0 comment Print

A ‘rating outlook’ indicates CRA’s view on the expected direction of the rating movement in the near to medium term, whereas a ‘rating watch’ indicates a CRA’s view on the expected direction of the rating movement in the short term.

ICEGATE Helpdesk for redressal of RoDTEP related grievances

October 31, 2022 1866 Views 0 comment Print

For resolution/examination of exporter grievances related to scroll out of shipping bills, generation of e-scrips and transfer of e-scrips under RoDTEP Scheme, mechanism of ICEGATE Helpdesk, which is available to the exporters 24*7 is functional.

SEBI cap number of ISINs maturing in a financial year for debt securities issued on private placement basis

October 31, 2022 1725 Views 0 comment Print

SEBI decided to further cap the number of ISINs maturing in a financial year for debt securities issued on private placement basis by modifying the said Chapter of the Operational Circular.

‘EVEREADY’ A well known Trademark cannot be allowed to be infringed: HC

October 31, 2022 1497 Views 0 comment Print

Sanjay Chadha Trading As M/S Eveready Tools Emporium Vs Union of India & Ors. (Delhi High Court) A well known mark under Section 2(1)(zg) of Trademarks Act cannot be allowed to be infringed Conclusion: Delhi High Court dismissed appeals and restrained appellant from using word ‘EVEREADY’, as the same is a well-known mark due to […]

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