Consider the requests of the Central Ministries/ Departments/ PSUs for exemption, on a case to case basis, from procuring certain items from the reserved list for MSEs through open tendering
Western U.P. Chamber of Commerce & Industry, Meerut is enlisted under Appendix 2E of FTP, 2015-20 for issuing Certificate of Origin (Non Preferential).
Para 2.61 of the Hand Book of Procedure (HBP) 2015-20 has been amended with respect to DGFT Public Notice No. 40/2015-20 dated 08.12.2022. Subsequent to de-notifying 4 Central Public Sector Enterprises (CPSEs) i.e., MMTC, The State Trading Corporation of India Ltd. (STC), PEC Limited and STCL Limited as STE under FTP -2015-20, the aforementioned entities are not eligible for allocation of quota.
Revised / updated Appendix — 2J – List of State Trading Enterprises (STEs) for FTP purpose and eligible STEs for allocation of quota for import under the Tariff Rate Quota (TRQ), is notified. Through this Public Notice, some of the existing entities have been delisted as STE and some new entities have been included as STE for FTP purpose.
DCIT Vs Aecom Asia Co. Ltd. (ITAT Delhi) ITAT Delhi held that the assessee has rightly offered the Overseas Consultancy Income as fees for technical services under the provisions of section 115A of the Act and the addition made under section 44DA of the Act is liable to be deleted. Facts- The Appellant is a […]
ITAT Mumbai held that liaison office in India doesnt constitute permanent establishment (PE) of the assessee in India under the provisions of DTAA.
ITAT Mumbai held that the date of acquisition of the property under consideration was to be reckoned from the date of the allotment letter and capital gain will be calculated accordingly.
ITAT Delhi held that proportionate disallowance of interest is not warranted, under Section 14A of Income Tax Act for investments made in tax free bonds or securities which yield tax free dividend and interest.
Provision15(c) of guidelines on Standard Individual Health Insurance Product bearing ref: IRDAI/HLT/REG/CIR/001/1/2020 dated 1.1.2020 stands modified wherein 15(c) A.20 Internal Congenital Anomalies stands deleted from the list of diseases under specific waiting period
In re Testmesures Spherea Solutions Private Limited (GST AAR Karnataka) The Karnataka Authority of Advance Ruling (“the KAAR”) in Re: M/s Testmesures Spherea Solutions Private Limited [KAR ADRG 46/2022 dated December 2, 2022] denied to grant Goods and Service Tax (“GST”) concession as the service of supply of test bunch equipment does not amounts to […]
