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Is Forex Trading a Wise Choice for Investments in India?

February 1, 2023 2118 Views 0 comment Print

India is a developing market with intriguing foreign exchange (forex) trading. Long-term positive gains from trading Indian forex are possible if you have patience. There are lots of investors hoping to profit from the currency market’s possibilities.

Import of Medical Devices as per requirements of Medical Devices Rules, 2017

February 1, 2023 5262 Views 0 comment Print

Bills of Entry containing Medical Devices including Surgical and Medical Examination Gloves are required to be referred to the concerned Assistant Drug Controller (I) office at the port of import for ensuring the compliance of the requirements before clearance of the medical devices under the Medical Device Rule, 2017.

Order under section 5(1) read with clause (91) of section 2 of RGST Act, 2017

January 31, 2023 1707 Views 0 comment Print

Chief Commissioner of State Tax, Rajasthan, hereby assign the functions to be performed under this Act by a proper officer under different sections of the said Act as mentioned in the entries in column 2 of the table given below and described in the corresponding entries at column 3 of the said table, to the Proper Officers

Validation enabled For all B2B transactions, selection of PoS State Code for HSN

January 31, 2023 3636 Views 0 comment Print

For all B2B transactions, selection of PoS State Code as ’96- Other Country’ is enabled for HSN related to the Services by way of transportation of goods, including by mail or courier . The list of items should have only the items with HSNs belonging to 9965 and 9968

Procedure to be followed for scanning of containers selected for scanning at Port

January 31, 2023 2019 Views 0 comment Print

OFFICE OF THE COMMISSIONER OF CUSTOMS (NS-III) CONTAINER SCANNING DIVISION, JAWAHARLAL NEHRU CUSTOM HOUSE, TAL. URAN, DIST. RAIGAD, MAHARASHTRA-400707 F.  No. S/V-30/Misc-40/2017-18/CSD/JNCH Dated: 31.01.2023 PUBLIC NOTICE NO. 08/2023 Subject: Operationalization of Drive Through Container Scanner (Road) at BMCT (Scan codeD­INNSA1RSDT02); Procedure to be followed for scanning of containers selected for scanning­-reg. Attention of the Importers, Exporters, […]

Govt amends Central Interest Subsidy Scheme, 2007

January 31, 2023 1035 Views 0 comment Print

For new units: all eligible industrial units located anywhere in the North East Region shall be given an interest subsidy to the extent of 3 % on the working capital advanced to them by the Scheduled Banks or Central State financial institutions for a maximum period of 10(ten) years from the date of commencement of commercial production.

Govt amends Credit Guarantee Fund for Micro Units (CGFMU) Scheme

January 31, 2023 4113 Views 0 comment Print

Central Government hereby makes the following amendments to the Scheme known as the Credit Guarantee Fund for Micro Units (CGFMU)

Non-filing of Board resolution for appointment of Internal Auditors- Rs. 3.96 Lakh Penalty Imposed

January 31, 2023 5232 Views 0 comment Print

Section 179(3)(k) of Companies Act, 2013 read with Sub-Rule 5 of Rule 8 of Companies (Meetings of Board and its Power) Rules, 2014 mandated to file Board resolution for appointment of Internal Auditors in Company.

GST search, seizure- HC dismisses writ – validity of panchnama under consideration – efficacious remedy

January 30, 2023 2487 Views 0 comment Print

Ashoo Road Lines Vs Union of India (Madhya Pradesh HC) HC held that Since a show cause notice dated 04.12.2020 has been issued to the petitioner and others in which the validity of the panchnama is under consideration, hence the petitioner is having efficacious remedy to contest the show cause notice before the adjudicating authority. […]

IBBI suspends registration of IP for failure to take custody & control of assets of CD

January 30, 2023 2055 Views 0 comment Print

IBBI Disciplinary Committee is of the view that Mr. Abhishek Anand failed to take custody and control of the assets of CD and used the amount deposited by resolution applicant without getting the plan approved by AA and violated section 18(1)(f), 25(1), 25(2)(a), 31, 208 of the Code and regulation 7(2)(a), 7(2)(h) read with clause […]

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