Reserve Bank of India (RBI) has released a notification regarding the Sovereign Gold Bond Scheme 2023-24 announced by the Government of India. The scheme introduces a distinct series of bonds starting from series I, with specific terms and conditions for issuance. This notification provides important details about the subscription dates, application process, and designated receiving […]
CBIC released Notification No. 44/2023 – Customs on 15th June, 2023. This notification supersedes the previous Notification No. 39/2023-Customs(N.T.) and provides the updated exchange rates for converting foreign currencies into Indian rupees and vice versa for imported and exported goods. The new rates will come into effect from 16th June, 2023. Government of India Ministry […]
Central Board of Indirect Taxes & Customs, has issued Circular No. 17/2023-Customs on June 15, 2023, introducing a simplified regulatory framework for e-commerce exports of jewellery through courier mode. The circular provides details regarding the exemption of certain document uploads for exporters who choose not to re-import the exported jewellery. F.No. 455/03/2020-Cus.V Government of India […]
CBIC issued a Notification No. 45/2023-Custom (N.T.)on June 15, 2023, amending the tariff values for customs duty calculation. The notification provides updated tariff values for rude palm oil, palmolein, crude soya bean oil, brass scrap, gold and silver in various forms, including bars, coins, and findings used in jewelry and areca nuts, which are used […]
CBDT issued a notification on June 15, 2023, designating Special Courts for Economic Offences in the state of Jharkhand. The notification identifies the specific courts and areas assigned for handling cases related to income tax and undisclosed foreign income and assets.
Read about the latest amendments introduced by the Securities and Exchange Board of India (SEBI) in the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012. The amendments include the introduction of the Corporate Debt Market Development Fund, valuation procedures, investment conditions, governance mechanisms, and more.
Read the Ministry of Finance’s notification (No. 43/2023-Customs) amending the Courier Imports and Exports (Electronic Declaration and Processing) Regulations. This amendment pertains to the inclusion of jewelry under CTH 7117 or CTH 7113 and the facility of re-import for such jewelry. Stay informed about the latest customs regulations.
The Securities and Exchange Board of India (SEBI) has issued a Master Circular consolidating the guidelines for Investment Advisers (IAs). This circular aims to provide a single point of reference for IAs by compiling all the applicable circulars issued by SEBI pertaining to their operations. The Master Circular for Investment Advisers streamlines the regulatory framework […]
The Securities and Exchange Board of India (SEBI) has issued a Master Circular for Research Analysts, compiling all applicable circulars and directions. This circular aims to provide easy access to relevant guidelines and promote compliance among Research Analysts. Stay up-to-date with SEBI’s regulations and understand the procedural requirements for proxy advisors. The Master Circular includes […]
CESTAT Chennai held that black tea classifiable as agricultural product within the definition or meaning under notification no. 13/2003-S.T. dated 20.06.2003 as amended vide notification no. 08/2004-S.T. dated 09.07.2004. Hence, business auxiliary service provided by a commission agent in relation to sale or purchase of black tea is exempt from service tax.
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