Sponsored
    Follow Us:

ITC cannot be denied despite non-deposit of VAT by selling dealer: Rajasthan HC

February 10, 2022 5625 Views 0 comment Print

Whether Rajasthan Tax Board was justified in law in holding that respondent cannot be hold responsible for amount not deposited by selling dealer and allowed benefit of Input Tax Credit which ultimately will amount to double jeopardy to State as selling dealer has not deposited tax whereas subsequent dealer has claimed benefit of Input Tax Credit.

IP need not obtain permission of CoC for operational expenses

February 10, 2022 2172 Views 0 comment Print

The DC notes that the submission of Mr. Goel that he had incurred various expenses for the travel and stay of CoC members but not in the capacity as members of CoC but rather as ‘secured lenders of CD who wanted to visit premises of CD’ which is part of the ordinary course of business. […]

Import policy of drone components & drones in CBU/CKD/SKD form

February 9, 2022 5604 Views 0 comment Print

ITC(HS) 2022 Schedule-1 (Import Policy) is notified in sync with the Finance Act, 2021. Import policy of drones in CBU/CKD/SKD form under HS Code 8806 is `Prohibited’ with exceptions provided for R&D, Defence and Security purposes. Import of drone components shall be ‘Free’. This shall come into force with immediate effect. Government of India Ministry […]

Conversion of Private Unlisted InvIT into Private Listed InvIT

February 9, 2022 2361 Views 0 comment Print

A Private Unlisted InvIT may list its units and convert into a Private Listed InvIT on making a private placement of units through a fresh issue and/or an offer for sale in terms of Chapter IV of the InvIT Regulations in the manner provided at Annexure – A.

IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2022

February 9, 2022 2352 Views 0 comment Print

(1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

ICSI announces Cut-off Dates for the year 2022

February 9, 2022 1659 Views 0 comment Print

Institute of Company Secretaries of India Note: It is clarified that on the scheduled cut-off date even if there is a holiday/Off-day, there shall be no change in the prescribed cut-off date Particulars of Cut-off Dates Scheduled Cut-off Date Acceptance of Applications for Admission to Executive/ Professional Programme (for appearing in Any one module in […]

Electronic Credit Ledger cannot remained blocked after expiry of period of 1 year

February 8, 2022 1740 Views 0 comment Print

K.Vinodhkumar Vs Commissioner of GST and Central Excise (Madras High Court) Learned counsel for writ petitioner draws the attention of this court to Sub Rule (3) of Rule 86 A and submits that on a demurrer that even if the attachment is for a valid reason under 86 A, the same elapsed on 17.02.2021, on […]

Govt renames Direct Tax Regional Training Institutes as National Academy of Direct Taxes

February 8, 2022 3051 Views 0 comment Print

With the approval of the Competent Authority, the Direct Tax Regional Training Institutes listed below in column (1) are hereby renamed as Regional Campus of National Academy of Direct Taxes

Railway Roof Mounted AC Package Unit falls under HSN 86.07

February 8, 2022 630 Views 0 comment Print

Roof mounted AC package Unit manufactured as per the specific design and layout provided by the railways (RDSO) and supplied to the Indian Railways only and no where else, falls under chapter 86.07 of the GST Tariff.

Empanelment of Concurrent Auditor with EXIM Bank of India

February 4, 2022 2196 Views 0 comment Print

EXIM Bank invites bids from eligible bidders for Appointment of Concurrent Auditor for FY 2022-23 for Export-Import Bank of India. The mode of tendering is through e-Tendering. E-Tendering is the process by which the physical tendering activity is carried out using internet and associated technologies in a faster and secure environment.

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031