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Archive: March, 2023

Posts in March, 2023

Assessment order passed without affording personal hearing is liable to be quashed

March 1, 2023 1227 Views 0 comment Print

Madras High Court held that it is seen from the impugned assessment order that no personal hearing has been afforded to the petitioner. Accordingly, the impugned assessment order is quashed on the ground of violation of principles of natural justice.

RBI increases Fees for Bank audit from FY 2022-23

March 1, 2023 150009 Views 0 comment Print

RBI increases remuneration payable to Statutory Central Auditors (SCAs) & Branch Auditors (SBAs) of Nationalised Banks (NBs) from FY 2022-23

SOP for Cancellation of GST Registration & Repository of Non-genuine Taxpayers

March 1, 2023 43380 Views 0 comment Print

Non-genuine taxpayer is the one who issues invoice under GST Act without actual supply of goods or services to pass on inadmissible tax credit of ITC to the claimant.

Discontinuation of Tariff Rate Quota for Import of Crude Sunflower Seed Oil

March 1, 2023 1056 Views 0 comment Print

Last date of Import of Crude Sunflower Seed Oil (ITC (HS) 15121110) under TRQ has been revised to 31.03.2023. Further, no TRQs shall be allocated for import of Crude Sunflower Seed Oil in Financial Year 2023-24. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi Public Notice No. 60/2015-20-DGFT Dated: […]

Dr. Ruchi Chojer takes charge as Executive Director, SEBI

March 1, 2023 1296 Views 0 comment Print

Dr. Ruchi Chojer took charge as Executive Director, Securities and Exchange Board of India in Mumbai today. She will handle Human Resources Department (HRD) and Corporation Finance Investigation Department (CFID).

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