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Anti-Dumping investigation concerning imports of “Acrylic Fibre”

September 24, 2019 771 Views 0 comment Print

The product under consideration is Acrylic Fibre of all types (hereinafter referred as subject goods). Acrylic Fibre is a long chain of synthetic polymer composed of at least 90% by weight of Acrylonitrile units (major raw material for production). The terms acrylic fibre includes acrylic staple, acrylic tow and acrylic top. In other words, acrylic staple fibre, acrylic tow and acrylic top are known as acrylic fibre in the commercial parlance.

Redress grievances related to functioning of GSTN system: HC to CBIC

September 24, 2019 912 Views 0 comment Print

Petitioner has highlighted several grievances with regard to the functioning of the GSTN system. Some of the issues highlighted relates to the technical and procedural aspects. The respondents must resolve these issues after understanding the difficulties that they are posing to the users.

Filing of Minor Modifications in approved Individual Insurance Products-Reg.

September 23, 2019 1287 Views 0 comment Print

IRDA Guidelines on Filing of Minor Modifications in the approved Individual Insurance Products offered by General and Stand Alone Health Insurers on Certification Basis.

SEBI (Foreign Portfolio Investors) Regulations, 2019

September 23, 2019 6807 Views 0 comment Print

(1) These regulations may be called the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019. (2) They shall come into force on the date of their publication in the Official Gazette.

SEBI (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2019

September 23, 2019 2877 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2019. 2. They shall come into force on the date of their publication in the Official Gazette.

Notification No. 48/2019-Customs (N.T./CAA/DRI), Dated: 23.09.2019

September 23, 2019 2913 Views 1 comment Print

Notification No. 48/2019-Customs (N.T./CAA/DRI), Dated: 23.09.2019 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 48/2019-Customs (N.T./CAA/DRI) New Delhi, dated the 23rd September, 2019 S.O. 3438(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in […]

CBDT prescribes time-frame for handling grievances of Startups

September 23, 2019 2610 Views 0 comment Print

Grievances of Startups should be handled within the following time-frame:- i) In case of any grievance, the preliminary Action Taken Report is to be submitted to this office by the next day i.e. within one working day of calling of report by this office.

Section 62(2) GST- Statutory time limit has to be strictly construed

September 23, 2019 1464 Views 0 comment Print

Statutory prescription of 30 days from the date of receipt of the assessment order passed under sub-section (1) of Section 62 has to be strictly construed against an assessee and in favour of the revenue, since this is a provision in a taxing statute that enables an assessee to get an order passed against him on best judgment basis set aside. The provision must be interpreted in the same manner as an exemption provision in a taxing statute.

18% GST payable on supply of debarked pulpwood to paper mills

September 21, 2019 3726 Views 0 comment Print

In re West Coast Paper Mills Ltd. (GST AAR Karnataka) The commodity in question is poles of wood of length 4 to 5 feet and may or may not contain bark and these are covered under Chapter 44 of the Customs Tariff. The commodity in question is not a fuel wood and is used in […]

ICSI to Allot new unique code in case of change of state of practicing firms

September 20, 2019 3084 Views 0 comment Print

Members of the Institute may note that as per the decision of the Council, a new Unique Code will be allotted to practising units in case there is a change in the place of the practice unit from one state to another.

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