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Archive: 18 September 2024

Posts in 18 September 2024

No interest on investment under National Savings Scheme Rules, 1987 & 1992

September 18, 2024 1911 Views 0 comment Print

Amendments to National Savings Scheme rules will end interest accrual on balances from October 2024. New guidelines circulated by the Department of Posts.

Custom Circular on Automated Exchange Rate Publication with Holiday Adjustments

September 18, 2024 1470 Views 0 comment Print

Circular No. 17/2024-Customs amends Circular 07/2024 to streamline automated exchange rate publication, addressing holiday adjustments and system updates.

Import of 17,000 MT Fresh Areca Nut from Bhutan Allowed via LCS Hatisar & Darranga

September 18, 2024 1125 Views 0 comment Print

DGFT updates import policy for fresh areca nuts from Bhutan, allowing imports through additional ports without Minimum Import Price (MIP) condition.

Google Play vs. Indian App Developers: CCI’s Investigates into Google’s Play Billing System

September 18, 2024 1608 Views 0 comment Print

CCI investigates Google’s Play Billing System over high commission fees, raising concerns about anti-competitive practices affecting Indian app developers.

FAQ on Draft Manual on Invoice Management System (IMS)

September 18, 2024 3156 Views 0 comment Print

Explore FAQs on the GST Invoice Management System (IMS), detailing its features, benefits, and usage for effective invoice management and GSTR-2B generation.

Proposed Revision of SA 600 for Public Comments: Group Audits

September 18, 2024 3891 Views 0 comment Print

CCI introduces General Regulations 2024, revising the 2009 rules. Key changes address stakeholder concerns on applications, submission procedures, and inquiry timelines.

Inter-Ministerial Consultation on Employment Linked Incentive (ELI)

September 18, 2024 765 Views 0 comment Print

The Ministry of Labour & Employment held a meeting on the ELI scheme to enhance workforce formalization and social security, urging greater participation from industries.

Recipient of goods or services cannot file GST refund application: Madras HC

September 18, 2024 1044 Views 0 comment Print

Madras High Court ruled that only a registered service provider can file for GST refund, dismissing the refund claim by the recipient in Tvl. Norton Granites case.

Calcutta HC Allows Late GST Appeal Beyond Limitation Period

September 18, 2024 1923 Views 0 comment Print

Calcutta High Court accepts GST appeal filed late due to accountant oversight, considering pre-deposit made and no lack of bona fide on Assessee’s part.

RTI Act Limited to Existing Information, Not extends to Creation of New Data or Interpretations

September 18, 2024 462 Views 0 comment Print

The First Appellate Authority of IBBI disposes of RTI appeal concerning the status of a grievance, clarifying its stance on available information under the RTI Act.

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