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SEBI advised PMS investors to deal with SEBI registered intermediaries only

October 3, 2022 969 Views 1 comment Print

SEBI, cautions investors not to fall prey to such unauthorised money collection. While investing in securities market, investors are advised to deal only with SEBI registered intermediaries.

Weekly newsletter from Chairman, CBIC dated 03/10/2022

October 3, 2022 1134 Views 0 comment Print

In another exceptional detection, officers of the DRI, MZU recovered 198 kg of high purity Crystal Methamphetamine and 9 kg high purity Cocaine estimated to be worth Rs. 1476 Crores, concealed in a consignment of fresh fruit. Kudos to the officers for their excellent intelligence work and outstanding detections of unique modus operandi.

Rule 29A. Procedure of import or export or procurement from or supply to DTA of aircraft by a Unit in IFSC

October 3, 2022 4266 Views 0 comment Print

Rule 29A. Procedure of import or export or procurement from or supply to Domestic Tariff Area of aircraft by a Unit in International Financial Services Centre

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2022

October 3, 2022 744 Views 0 comment Print

IBBI notifies Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2022

How to upload documents in GST Transition forms?

October 3, 2022 5796 Views 0 comment Print

Manual on Uploading Documents in GST Transition Forms How can I upload documents in GST Transition forms? To provide tax officers an informed decision whether to pass ITC or not, Upload Document functionality is introduced. To upload documents in GST transition forms, perform the following steps: 1. Access the www.gst.gov.in URL. The GST Home page […]

Income from operating & maintaining IT Park is taxable as business income

October 2, 2022 1101 Views 0 comment Print

Income from letting out of premises/developing space along with other facilities in an industrial park, SEZ is taxable under business income

Special Additional Excise Duty (SAED) on Diesel reduced to Rs. 3.50 per litre

October 1, 2022 1224 Views 0 comment Print

Seeks to further amend Notification No. 04/2022-Central Excise, dated the 30th June, 2022, to decrease Special Additional Excise Duty (SAED) on Diesel to Rs. 3.50 per litre| Notification No. 33/2022-Central Excise | Dated: 01.10.2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 33/2022-Central Excise | Dated: 01.10.2022 G.S.R. 756(E).—In exercise of the powers conferred […]

SAED on Petroleum Crude Production & Aviation Turbine Fuel export reduced

October 1, 2022 981 Views 0 comment Print

Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to decrease the Special Additional Excise Duty (SAED) on production of Petroleum Crude to Rs. Rs. 8,000 per tonne and on export of Aviation Turbine Fuel to Rs.  Nil per litre| Notification No. 32/2022-Central Excise | Dated: 01.10.2022 MINISTRY OF FINANCE (Department of Revenue) […]

Advisory on Filing TRAN-1/2 Forms to claim Transitional Credit

October 1, 2022 13419 Views 1 comment Print

Facility for filing TRAN-1/ TRAN-2 or revising the earlier filed TRAN-1/TRAN-2 on the GST common portal by aggrieved taxpayers, is now available on GSTN from 01.10.2022 till 30.11.2022.

ICAI Suggestions on Draft Form GSTR-3B

September 30, 2022 11295 Views 1 comment Print

ICAI Suggestions on Draft Form GSTR-3B 01. Details connecting to proposed Table 14 of Form GSTR-1 are not available for comment Para 2 (a) of the instructions contained in Annexure-B of the concept paper mentions that figures will be auto-populated from Table – 4, 6, 8, 11 and proposed Table 14 of FORM GSTR-1 other […]

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