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Archive: 21 February 2023

Posts in 21 February 2023

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 4020 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 18, 2024 3612 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!

Amendment in Circular No. 26/2016-Customs dated 09.06.2016

February 21, 2023 3981 Views 0 comment Print

It has been brought to notice that cases of such antecedent verification arc lacing unreasonable delays at certain field formations. In order to ensure that this task is completed in a time hound manner. it has been decided to amend the aforesaid Circular 26/2016-Customs by inserting the following sentence at the end of Para 4.1

CBIC amends details of ex-bond Bill of Entry / Shipping Bill in Form A

February 21, 2023 1878 Views 0 comment Print

F. No. 483/01/2020-LC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs Room No. 227 A. North Block, New Delhi *** Circular No. 04/2023-Customs Dated 21st February, 2023 To. All Principal Chief Commissioners/ Chief Commissioners of Customs All Principal Chief Commissioners/ Chief Commissioners of Customs (Prey.) All Principal […]

Amendment in Import Policy condition of Cashew Kernels (Broken/ whole)

February 21, 2023 1440 Views 0 comment Print

Minimum Import Price (MIP) on Cashew kernel (broken / whole) will not be applicable for imports by 100% Export Oriented Units (EOUs) and units in the SEZs subject to the condition that the imported Cashew Kernels are not sold into Domestic Tariff Area (DTA).

CBDT amends Audit Report Format of Trust (Form No. 10B) & Rule 16CC & 17B

February 21, 2023 38145 Views 2 comments Print

CBDT amends Rule 16CC Form of report of audit prescribed under tenth proviso to section 10(23C), Rule 17B Audit report in the case of charitable or religious trusts, etc. and ‘FORM No. 10B – Audit report under clause (b) of the tenth proviso to clause (23C) of section 10 and sub-clause (ii) of clause (b) of […]

NPS/APY Functionalities released by CRAs during Quarter III (FY 2022-23)

February 21, 2023 621 Views 0 comment Print

Pension Fund Regulatory and Development Authority Circular no: PFRDA 2023/08/SUP-CRA 04 Dated: 21st Feb 2023 To All stakeholders under NPS Subject: NPS/APY Functionalities released by CRAs during Quarter III (FY 2022-23) The Central Record Keeping Agencies (CRAs) appointed by PFRDA develop system level functionalities as per the evolving needs of NPS/APY stakeholders. 2. CRAs have […]

Pre-deposit mandatory under section 129E of the Customs Act in gold smuggled case

February 21, 2023 1884 Views 0 comment Print

Gujarat High Court held that looking at the kind of quantum of gold smuggled in India, it is impossible to accept that petitioner has no financial capacity. Accordingly, pre-deposit mandatory under section 129E of the Customs Act for further proceedings.

Notice for revocation of customs broker license issued beyond 90 days of offence report is unsustainable

February 21, 2023 894 Views 0 comment Print

Delhi High Court held that as per regulation 17(1) of Customs Brokers Licensing Regulations 2018, notice for revocation of license to the customs broker is to be issued within a period of 90 days from the receipt of offence report. Order unsustainable as notice issued beyond the period of 90 days,

Regulatory Requirement for Obtaining License for Tabacco Manufacturing in India

February 21, 2023 22635 Views 2 comments Print

Learn more about the regulatory requirement for obtaining license in India for tobacco production. Clear requirements and license criteria from The Cigarettes And Other Tobacco Products (Prohibition Of Advertisement And Regulation Of Trade And Commerce, Production, Supply And Distribution) Act, 2003, FSSAI, & CBN.

Short Note on Minimum Wages Act / Payment of Wages Act / Equal Remuneration Act – Statutory Compliance

February 21, 2023 4938 Views 0 comment Print

Understand Statutory Compliance and all its associated rules with Minimum Wages Act/Payment of Wages Act/Equal Remuneration Act.

आम,साधारण,छोटे वरिष्ठ शेयरधारकों की समस्या निदान हेतु प्रचलित कानून अंतर्गत ही ठोस सुझाव

February 21, 2023 1662 Views 4 comments Print

मेरे अनेक वरिष्ठ मित्र भौतिक शेयरों को लेकर काफी परेशान हैं हालाँकि सेबी ने निवेशकों के हितार्थ नियमों में कुछ संशोधन किये हैं लेकिन अभी भी जो अतिआवश्यक संशोधन चाहिये उसी पर समस्या को बताते हुये निदान हेतु कुछ सुझाव सुझा रहा हूँ । उन सभी वरिष्ठ मित्रों का यह मानना है कि मोदीजी हिन्दी […]

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