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Prescribed fees for Agent registration for proprietary firm under MahaRERA

February 20, 2023 3954 Views 0 comment Print

MahaRera Rules prescribes the fees payable by a real estate agent for registration as well as for renewal of registration which is as under: a) Rs. 10,000/- (Rupees Ten Thousand only) in case of applicant being an individual; and b) Rs. 1,00,000/- (Rupees One Lakh only) in case of applicant being other than individual.

Recommendations of 49th GST Council Meeting

February 18, 2023 10413 Views 0 comment Print

Government of India to clear entire pending balance GST compensation of Rs. 16,982 crore for June’2022. GST Council adopts report of Group of Ministers (GoM) on GST Appellate Tribunal with certain modifications. GoM report on Capacity Based Taxation and Special Composition Scheme in certain Sectors on GST approved. Changes in GST rates of “Rab” and […]

Master Circular for SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

February 16, 2023 7377 Views 0 comment Print

Securities and Exchange Board of India Master Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2023/31 Dated: February 16, 2023 To All Recognized Stock Exchanges All Registered Merchant Bankers All Listed Entities Other Stakeholders* Dear Sir / Madam, Subject: Master Circular for Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”) 1. In order to […]

CBIC notifies Customs Exchange rate for Import & Export wef 17.02.2023

February 16, 2023 4824 Views 0 comment Print

CBIC notifies Customs Exchange rate for Import & Export with effect from 17th February, 2023 vide Exchange rate vide Notification No. 10/2023 – Customs (N.T.) | Dated: 16th February, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 10/2023 – Customs (N.T.) | Dated: […]

Procedure for remedial action in cases where Revenue Audit objection is accepted

February 16, 2023 9297 Views 0 comment Print

Where the Revenue Audit objection is accepted, the PCIT shall decide if the relevant order under audit requires revision it’s 263 as remedial action. If yes, he shall call for the relevant records and proceed to initiate action u/s 263.

Special Additional Excise Duty on Diesel reduced to Rs. 1 per litre

February 15, 2023 1857 Views 0 comment Print

Vide Notification No. 09/2023-Central Excise, Dated 15th February, 2023 Government reduces Special Additional Excise Duty on Diesel to Rs. 1.00 per litre with effect from 16th day of February, 2023 from existing Rs. 6 per litre. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 09/2023-Central Excise | Dated 15th February, 2023 […]

FAQs on Milestones & Illustrative Permissible Expenses For Reimbursement Under IFSCA (FinTech Incentive) Scheme, 2022

February 15, 2023 561 Views 0 comment Print

FAQs guides applicants with regard to milestones to be achieved & reimbursement of sanctioned grant amount under IFSCA (FinTech Incentive) Scheme, 2022.

Classification of Amazon Fire TV Stick/HDMI digital media receiver

February 12, 2023 1401 Views 0 comment Print

CAAR Mumbai held that Amazon Fire TV Stick/HDMI digital media receiver with dual core processor, dedicated Videocore4 GPU, 1 GB of memory and 8 GB of storage having a dual band, duel antenna 802.11 AC Wi-Fi is classifiable under CTH 8517 62 90 of First schedule of Customs Tariff Act, 1975.

HC directs GST Dept. to pay 6% interest for wrong encashment of bank guarantee

February 11, 2023 1596 Views 0 comment Print

The material on record discloses that undisputedly, the respondents encashed the bank guarantees of the petitioner on 23.09.2019 and the same was retained and was lying with them from that date onwards up to 05.01.2022 when the said sum of Rs.4,73,26,512/- was refunded back to the petitioner.

GST Council Newsletter for the month of January 2023

February 11, 2023 2448 Views 0 comment Print

In case the system does not automatically drop the proceedings or taxpayer is unable to revoke the suspension by clicking on ‘Initiate Drop Proceeding’, then taxpayer is advised to contact Jurisdictional Officer.

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