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Date extended for Mandatory electronic filing of Non-Preferential CoO

July 19, 2021 768 Views 0 comment Print

Extension of Date for Mandatory electronic filing of Non-Preferential Certificate of Origin (CoO) through the Common Digital Platform to 01st Oct 2021 Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Dated: 19.07.2021 Udyog Bhawan, New Delhi Trade Notice No. 10/2021-2022 To, 1. All Exporters/Members of Trade 2. […]

Registration Process for Vintage Motor Vehicles formalized

July 18, 2021 453 Views 0 comment Print

Minister of Road Transport and Highways Shri Nitin Gadkari has said with an aim to preserve and promote the heritage of vintage vehicles, the registration process of Vintage Motor Vehicles has been formalized.

Extraordinary Writ Jurisdiction cannot be invoked in case of Fake ITC & Bills

July 16, 2021 4977 Views 0 comment Print

M/s. Ajanta Industries Vs Commissioner of Central Goods and Services Tax and Anr. (Delhi High Court) It is settled law that a petitioner who files a petition invoking the extra ordinary writ jurisdiction has to come to Court with clean hand. Further, a petitioner who seeks equity must do equity. In commercial/appellate jurisdiction, a Court […]

Govt constitutes Advisory Board under COFEPOSA

July 16, 2021 2940 Views 0 comment Print

Central Government hereby reconstitutes an Advisory Board with immediate effect for a period upto 22.3.2022 under Section 8(a) of the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (COFEPOSA, 1974). MINISTRY OF FINANCE (Department of Revenue) (CENTRAL ECONOMIC INTELLIGENCE BUREAU) NOTIFICATION New Delhi, the 16th July, 2021 G.S.R. 491(E).—In exercise of the […]

Stock limits on pulses not been removed- Govt Clarifies

July 16, 2021 363 Views 0 comment Print

There is a WhatsApp message being circulated that stock limits on pulses have been removed. In this regard it is clarified that Stock limits imposed on Pulses vide Order dated 2.7.21 have not been removed and are being enforced. Government is closely monitoring the implementation of these Orders by the States.

Implementation of RMS for processing of Duty Drawback claims

July 15, 2021 1647 Views 0 comment Print

RMS will process the shipping bill data after the Export General Manifest (EGM) is filed electronically and will provide required output to ICES for selection of shipping bills for risk-based processing of duty drawback claims.

HC stays section 148 notice for non-compliance of Section 148A

July 15, 2021 2322 Views 0 comment Print

Bagaria Properties and Investments Private Limited & Anr. Vs Union of India and Ors. (Calcutta High Court) The Court:-In this matter petitioners have challenged the impugned notices dated 29th May, 2021 and 18th June, 2021 relating to assessment years 2014-15 and 20 15-16 respectively under Section 148 of the Income Tax Act, 1961 on the […]

Shocking! Income Tax CPIO not maintains details of ITR Filed

July 15, 2021 33279 Views 11 comments Print

Recently CA Pallaav Parashar has filed an RTI application with Income Tax Department and asked  data of total income tax returns filed between 07th June, 2021 to 21st June, 2021 on new E-filing portal including daywise details of ITR Filed. In response it was replied that that no such data is being maintained and it […]

Change in Location of Debts Recovery Appellate Tribunal, Chennai

July 14, 2021 528 Views 0 comment Print

Central Government hereby notifies the following change in the location of Debts Recovery Appellate Tribunal, Chennai with effect from 09.07.2021

Initiatives under “Make in India” and “Startup” Programmes

July 13, 2021 441 Views 0 comment Print

Ministry of Commerce & Industry Initiatives under “Make in India” and “Startup” Programmes; Make in India initiative focuses on 27 sectors under Make in India 2.0. ‘Startup India’ initiative generates more than 26000 employment in Tamil Nadu in three years Posted On: 23 JUL 2021 5:04PM by PIB Delhi ‘Make in India’ is an initiative […]

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