Follow Us:

IFSCA (Registration of Insurance Business) Regulations, 2021

October 18, 2021 4095 Views 0 comment Print

International Financial Services Centres Authority (IFSCA) notifies International Financial Services Centres Authority (Registration of Insurance Business) Regulations, 2021 vide Notification No. F. No. IFSCA/2021-22/GN/REG016 Dated: 18th October, 2021. INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 18th October, 2021 International Financial Services Centres Authority (Registration of Insurance Business) Regulations, 2021 F. No. IFSCA/2021-22/GN/REG016.— In exercise […]

SOP for dealing with cases of amalgamation of PPF Accounts

October 18, 2021 5328 Views 0 comment Print

Whenever any depositor has opened more than one PPF Accounts, the second and subsequent accounts opened are treated as irregular, as an individual can open only one single account under PPF Scheme.

Suggestive format for Due Diligence Report

October 15, 2021 5340 Views 0 comment Print

DUE DILIGENCE REPORT for [Name of the Listed Entity] [Pursuant to Regulation 10 (3) of the SEBI (Delisting of Equity Shares) Regulations, 2021] To, The Board of Directors (Company Name) In terms of Regulation 10 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 (“Delisting Regulations“), I/we, _________________________, Peer Reviewed […]

Govt amends Export Policy of Syringes

October 14, 2021 1098 Views 0 comment Print

The export of Syringes with or without Needles of denominations (i) 0.5 ml/ 1 ml AD syringes (ii) 0.5 m1/1 ml/2 ml/3 ml disposable syringes and (iii) 1m1/2 m1/3 ml RUP Syringes falling under HS code 90183100 above or under any other HS code has been put under Restricted category with immediate effect. All other […]

NO ruling by AAAR due to difference of opinion between members

October 13, 2021 978 Views 0 comment Print

In re Unique Aqua Systems (GST AAAR Tamilnadu) The issue is not answered and is deemed to be that no ruling is issued under Section 101(3) of CGST/TNGST Act 2017 because of the difference of opinion between the members. FULL TEXT OF THE ORDER OF AUTHORITY OF APPELLATE ADVANCE RULING,TAMILNADU At the outset, we would like […]

Govt reduces BCD on crude & refined soya, sunflower & palm oils till 31.03.2022

October 13, 2021 3066 Views 0 comment Print

Seeks to reduce BCD on crude and refined soya, sunflower and palm oils till 31.03.2022 vide Notification No. 48/2021-Customs Dated 13th October,2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 48/2021-Customs New Delhi, the 13th October,2021 G.S.R. 733(E). – In exercise of the powers conferred by sub-section (1) of section 25 of […]

Demand cannot be enforced by Revenue if refunds are due & substantial issues are covered in favour of Taxpayer

October 12, 2021 2031 Views 0 comment Print

Samsung India Electronics Pvt. Ltd. Vs Additional CIT National E-Assessment Centre (ITAT Delhi) From the report of the Assessing Officer as well as the clarification given by the ld. counsel it is seen that there are a huge refunds which are due to the assessee and as per the report of the Assessing Officer, substantial […]

ICRICT Open letter to G20 Heads of State and Government

October 12, 2021 975 Views 0 comment Print

Eight years ago, you mandated the OECD to address corporate tax avoidance by multinationals, which cost countries at least $240 billion a year in lost fiscal revenues. After years of negotiations including 140 countries, the agreement announced last Friday shows that it is finally possible to change a system that was built one hundred years ago.

RBI bans Haribhakti And Co from doing audits of regulated entities for FY 21-22

October 12, 2021 11466 Views 0 comment Print

Reserve Bank of India Date : Oct 12, 2021 Action against Statutory Auditors of NBFC under section 45MAA of RBI Act, 1934 The Reserve Bank of India (RBI) in exercise of the powers vested under section 45MAA of the Reserve Bank of India Act, 1934, has, by an order dated September 23, 2021, debarred M/s […]

Turbilatex C-reactive protein (CRP) infinite & HbA1c infinite classifiable under Heading 38.22

October 11, 2021 1740 Views 0 comment Print

In re Accurex Biomedical Private Limited (GST AAR Maharashtra) Question: – HSN Classification and GST rate to be charged on below products: 1. Turbilatex C-reactive protein (CRP) infinite 2. HbA1c infinite Answer:- The said products are classifiable under Heading 38.22 and under Sr.No 80 of Schedule II of the Notification No. 1/2017 – Central Tax […]

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031