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Archive: 09 November 2022

Posts in 09 November 2022

SEBI (Infrastructure Investment Trusts) (Second Amendment) Regulations, 2022

November 9, 2022 903 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Infrastructure Investment Trusts) (Second Amendment) Regulations, 2022.

SEBI (Issue and Listing of Non-Convertible Securities) (Second Amendment) Regulations, 2022

November 9, 2022 1887 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Second Amendment) Regulations, 2022.

SEBI (Payment of Fees) (Amendment) Regulations, 2022

November 9, 2022 1674 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Payment of Fees) (Amendment) Regulations, 2022. 2. They shall be deemed to have come into force on November 1, 2022.

SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2022

November 9, 2022 1755 Views 0 comment Print

The sponsor(s) and sponsor group(s) shall collectively hold a minimum of fifteen percent of the total units of the REIT for a period of at least three years from the date of listing of such units pursuant to initial offer on a post-issue basis:

ITC eligible on CSR expenditure spent by company

November 9, 2022 9906 Views 0 comment Print

The expenditure made towards corporate responsibility under section 135 of the Companies Act, 2013, is an expenditure made in the furtherance of the business. Hence the tax paid on purchases made to meet the obligations under corporate social responsibility will be eligible for input tax credit under CGST and SGST Acts.

HC directs department to consider Revocation Applications of GST Registration cancellation

November 9, 2022 1188 Views 0 comment Print

Badiger Raghavendra Vs Assistant Commissioner of Commercial Taxes (Karnataka High Court) Petitioner, a ‘registered supplier’ under section 22 r/w section 26 of the Central Goods and Services Tax Act, 2017 is grieving before the Writ Court as to non-consideration of his Revocation Applications dated 25.03.2021 & 26.04.2021 respectively at Annexures-F & G wherein he has […]

Govt permit exports benefits/ fulfilment of Export Obligations for Invoicing, payment and settlement of exports and imports in INR

November 9, 2022 3744 Views 0 comment Print

Amendments under FTP are notified, to permit exports benefits / fulfilment of Export Obligations for Invoicing, payment and settlement of exports and imports in INR, as per RBI’s A.P. (DIR Series) Circular No. 10 dated 11th July, 2022. This shall come into force with immediate effect. Government of India Ministry of Commerce & Industry Department […]

Govt permits  Invoicing, payment & settlement of exports and imports in INR for Export Proceeds under EPCG Scheme

November 9, 2022 2241 Views 0 comment Print

Amendment in Para 5.11 of the HBP are notified, to permit the Invoicing, payment and settlement of exports and imports in INR for Export Proceeds under EPCG Scheme, in sync with RBI’s A.P. (DIR Series) Circular No. 10 dated 11th July, 2022. This shall come into force with immediate effect. Government of India Ministry of […]

Centre allows International Trade Settlements in Indian Rupees

November 9, 2022 1269 Views 0 comment Print

Centre allows International Trade Settlements in Indian Rupees for Export Promotion Schemes under the Foreign Trade Policy  Decision to facilitate and ease international trade transactions in Indian Rupees The Government of India has made suitable amendments in the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlement in Indian Rupees (INR) […]

Peer Review Mandate – Phase II Roll Out

November 9, 2022 1734 Views 0 comment Print

(a) statutory audit of unlisted public companies having paid-up capital of not less than rupees five hundred crores or having annual turnover of not less than rupees one thousand crores or having, in aggregate, outstanding loans, debentures and deposits of not less than rupees five hundred crores as on the 31st March of immediately preceding financial year or (b) attestation services and having 5 or more partners

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