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Export of Finished Leather – Revised Leather Norms

September 4, 2020 7266 Views 0 comment Print

Certain additions/amendments have been made in the entry Finished Leather all kinds appearing at Serial No: 176, Chapter 41, Schedule 2 – Export Policy, of the Foreign Trade Policy 2015-20 in the light of several changes that have taken place in the past 7-8 years in the tanning technology and new types of finished leather […]

Writ cannot be entertained as an efficacious statutory remedy is available to petitioner: HC

September 3, 2020 936 Views 0 comment Print

Paradeep Phosphates Ltd. Vs Asst. Commissioner, CGST And Central Excise (Orissa High Court) we are of the considered opinion that since an efficacious statutory remedy is available to the petitioner to assail the legality and validity of the order passed under Annexure-5, this Court should be slow in entertaining the writ petition at this stage. […]

Grant of Parole/Furlough to inmates & their premature release from Prison

September 3, 2020 2454 Views 1 comment Print

Prison, as a deterrent and an institution of correctional administration, is a key constituent of criminal justice system. Imprisonment besides being a mode of punishment also aims at protecting the society from criminal activities. A balance is, therefore, considered essential between ensuring the rights of inmates and protecting the society from further harm.

CBIC notifies Rate of Exchange of Foreign Currencies wef 4.9.2020

September 3, 2020 2742 Views 0 comment Print

Exchange Rates Notification No. 84/2020-Custom (NT) dated 03.09.2020 [Effective from 04th September, 2020 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 84/2020 – Customs (N.T.) New Delhi, dated the 3rd September, 2020 12 Bhadrapada 1942 (SAKA) In exercise of the powers conferred by section […]

GST payable on supply of Infrastructure for Household electrification to AWNL

September 3, 2020 888 Views 0 comment Print

In re ARG Electricals Pvt. Ltd. (GST AAAR Rajasthan) The Ajmer Vidyut Vitran Nigam Limited (hereinafter called as AWNL) had invited bids for providing of Rural Electricity Infrastructure for Household electrification in selected blocks of Dungarpur District of Ajmer DISCOM under Rajiv Gandhi Grameen Vidhyutikaran Yojana scheme on turnkey basis for erection of 11KV & […]

SC allows 10 years time to Telecom Companies to pay AGR dues

September 3, 2020 1074 Views 0 comment Print

(i) That for the demand raised by the Department of Telecom in respect of the AGR dues based on the judgment of this Court, there shall not be any dispute raised by any of the Telecom Operators and that there shall not be any re­assessment. (ii) That, at the first instance, the respective Telecom Operators shall make the payment of 10% of the total dues as demanded by DoT by 31.3.2021.

Exposure Drafts of Forensic Accounting & Investigation Standards

September 2, 2020 1422 Views 0 comment Print

The Digital Accounting Assurance Board of The Institute of Chartered Accountants of India (ICAI) invites comments on the following exposure drafts of Forensic Accounting and Investigation Standards (FAIS):

CBI arrests A Former DC of CBIC In An Alleged Bribery Case

September 2, 2020 1134 Views 0 comment Print

The Central Bureau of Investigation has arrested a former Deputy Commissioner of Central Board of Indirect Taxes & Customs; a Customs House Agent and a Businessman (an importer of toys) in an alleged bribery case of Rs. One Lakh.

Economy Instructions Related To Printed Activities to save cost

September 2, 2020 630 Views 0 comment Print

All calendars, diaries, schedulers and similar other materials, which were earlier printed in physical format, will now be done digitally by Ministries/Departments/PSUs/PSBs Ministries/Departments/PSUs/PSBs and all other organs of the government  to adopt innovative means to use digital or online methods

Withholding of Income Tax refund mere due to issue of Scrutiny is not valid

September 2, 2020 1179 Views 0 comment Print

Conner Institute of Health Care And Research Centre Pvt. Ltd. Vs ITO (Delhi High Court) The exercise of withholding of refund under section 241A of the Act, pursuant to notice u/s 143(2) of the Act, without recording justifiable reasons, is not in consonance with the legislative intent and mandate of the aforesaid provision. The reasons […]

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