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GST on welding, painting, etc. of rail lines/tracks

December 29, 2022 1392 Views 0 comment Print

In re India Thermit Corporation Limited (GST AAR Uttar Pradesh) Whether the activities undertaken by the Applicant for the Indian Railways are classified under Entry 3(v)(a) of Notification No. 8/2017-Integrated Tax (Rate) dated 28.06.2017 and the benefit of concessional rate of GST of 12% can be availed in respect of the said supply? Answer- Replied […]

Free Import Policy of Urad & Tur extended up to 31.03.2024

December 28, 2022 786 Views 0 comment Print

The Free Import Policy of Urad and Tur shall stand extended up to 31.03.2024 vide Notification No. 52/2015-2020-DGFT Dated: 28th December, 2022

EGMs through VC or OAVM or transact items through postal ballot till 30.09.2023 allowed

December 28, 2022 7005 Views 0 comment Print

MCA allow companies to conduct their EGMs through Video Conference (VC) or Other Audio Visual Means (OAVM) or transact items through postal ballot in accordance with framework provided in the aforesaid Circulars up to 30th September, 2023.

Red Sanders quota for red sander wood/logs notified

December 27, 2022 1725 Views 0 comment Print

Red Sanders quota for both Artificially propagated and confiscated red sander wood/logs is notified under Sl. No. 188 and 188A vide Notification No. 50/2015-2020-DGFT Dated: 27th December, 2022 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the Notification No. 50/2015-2020-DGFT Dated: 27th December, 2022 Subject: Amendment in Export Policy of […]

Effect to final AITIGA tranche – Notification No. 63/2022-Customs

December 27, 2022 813 Views 0 comment Print

Seeks to give effect to final ASEAN-India Trade in Goods Agreement (AITIGA) tranche – Notification No. 63/2022 – Customs Dated: 27th December, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi, Notification No. 63/2022 – Customs Dated: 27th December, 2022 G.S.R. 906(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the […]

MahaRERA: Disclosure of Interest in other real estate organizations

December 27, 2022 11244 Views 0 comment Print

Under MhaRERA While applying for registration of a real estate project, promoters shall upload a Self-Declaration disclosing Interest in other real estate organizations

Seeks to give effect to first tranche of tariff concessions under India Australia ECTA

December 26, 2022 1794 Views 0 comment Print

Seeks to give effect to first tranche of tariff concessions under India Australia ECTA – Notification No. 62/2022-Customs | Dated: 26th December, 2022. MINISTRY OF FINANCE (Department of Revenue) Notification No. 62/2022-Customs | Dated: 26th December, 2022 G.S.R.904(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of […]

Authorities can grant stay on deposit of amounts less than 20% of disputed demand

December 26, 2022 4443 Views 0 comment Print

Dr B L Kapur Memorial Hospital Vs CIT (TDS) (Delhi High Court) HC Court is of the view that the requirement of payment of twenty per cent of disputed tax demand is not a pre-requisite for putting in abeyance recovery of demand pending first appeal in all cases. The said pre-condition of deposit of twenty […]

IRDAI: Declaration of NAV on a quarter ending day, which is a holiday

December 26, 2022 348 Views 0 comment Print

Attention is drawn to Para 2 and 3 of Schedule I to IRDAI Investment Regulations, 2016 and by virtue of the power conferred under Regulation 17 of IRDAI Investment Regulations, 2016

HC quashed Order passed without issuing SCN/draft assessment order

December 25, 2022 5598 Views 1 comment Print

RMSI  Private Limited Vs  National Faceless Assessment Centre (Delhi High Court) Since in the present case, the impugned order has been passing without issuing a show cause notice / a draft assessment order which has been mandated under Section 144B(1)(xvi)(b) of the Act, the impugned assessment order dated 8th September, 2021 issued under Section 143(3) read […]

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