Central Government revokes the anti-dumping duty imposed on ‘Hydrogen Peroxide’, falling under tariff item 2847 00 00 of the First Schedule to the said Act, originating in or exported from Bangladesh, Taiwan, Korea RP, Indonesia, Pakistan and Thailand, and imported into India. MINISTRY OF FINANCE DEPARTMENT OF REVENUE Notification No. 20/2022-Customs (ADD) New Delhi, the […]
Our experience shows that the bill traders after getting registrations, issue invoices without supply of goods or services for huge amount within a short span of time.
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Public Notice No. 11/2015-2020-DGFT | Dated the 07-June, 2022 Subject: Amendments in Para 2 (b)(i) of the ‘Guidelines For Applicants’ under ANF-4F of Handbook of Procedures 2015-2020. F. No. 01/94/180/234/AM-20/PC-4.—In exercise of powers conferred under Paragraph 1.03 […]
1. Registration Bank Account Validation of Taxpayers To establish correctness of the bank account and to verify whether it matches with the PAN of the business, validation of the bank account details provided at the time of GST Registration/ Creation of Temp ID by the taxpayers is being done with CBDT database. The status based […]
Whoever contravenes any of the provisions of these rules, shall be punishable with fine not exceeding five thousand rupees, and where the contravention is a continuing one, with a further fine not exceeding five hundred rupees for every day after the first during which the contravention continues.
Sing Traders Vs State of Gujarat (Gujarat High Court) On bare perusal of the the contents of the show cause notice as well as the impugned order, we find that the said show cause notice is absolutely vague, bereft of any material particulars and the impugned order is also vague and a nonspeaking order. We […]
Company has not mentioned CIN and registered office address on its letter Head as required under the provisions of Section 12(3)(c) of the Companies Act, 2013, which is a violation attracting penal provisions of Section 12(8) of the Companies Act, 2013. BEFORE THE ADJUDICATING OFFICER REGISTRAR OF COMPANIES, GUJARAT, DADRA & NAGAR HAVELI Dated: 06/04/2022 […]
Weekly newsletter from Chairman, CBIC dated 06.06.2022 Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110 001 Tel. : +91-11-23092849, Fax : +91-11-23092890 E-mail : vivekjohri.irs@gov.in 06th June, 2022 DO.No.27/CH(IC)/2022 As we all get ready to celebrate the Iconic Week of Azadi Ka Amrit Mahotsav, commemorating […]
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 59/2022-Income Tax | Dated: 6th June, 2022 S.O. 2602(E).—In exercise of the powers conferred by sub-section (8A) of section 9A of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Act), the Central Government hereby specifies that […]
Based on the feedback received from IBUs certain further amendments/additions have been carried out to the contents of the Handbook. The list of such amendments/additions is enclosed in the annexure to this circular.