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GST: Deposit of tax during the course of search, inspection or investigation

May 25, 2022 10128 Views 0 comment Print

Instances have been noticed where some of the taxpayers after voluntarily depositing GST liability through DRC-03 have alleged use of force and coercion by the officers for making ‘recovery’ during the course of search or inspection or investigation.

Gurugram Refund Case & Arrest of 2 CAs- Govt Transfer GST officers

May 25, 2022 4632 Views 0 comment Print

Government has transferred Gurugram CGST Commissioner Ms. Meenu Kumarr, Additional Commissioner Shri Paul Rajendra Lakra & Shri Abhinav Yadav and Deputy Commissioner Shri Ankit Agrawal. F.No .422011/01/2022-Ad.II Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs *** North Block, New Delhi Dated the 25th May, 2022 Office Order No. […]

853 FDI proposals disposed off in the last 5 years

May 25, 2022 564 Views 0 comment Print

Foreign Investment Facilitation Portal (FIF) completes 5 years since Union Cabinet decision to abolish FIPB 853 FDI proposals disposed off in the last 5 years; FDI jumped by 39% since FIF came into being 853 FDI proposals have been disposed off through the Foreign Investment Facilitation Portal (FIF) since abolishment of Foreign Investment Promotion Board […]

Minister urges Indian businesses to look at boosting value added exports

May 25, 2022 318 Views 0 comment Print

Shri Piyush Goyal asks Indian industry to procure locally wherever there is an opportunity so that domestic supply chains become stronger and more resilient Government has taken a series of strict measures to tame inflation- Shri Piyush Goyal Minister urges Indian businesses to look at boosting value added exports PM Gati Shakti will help improve […]

PFRDA (Redressal of Subscriber Grievance) (Amendment) Regulations, 2022

May 24, 2022 711 Views 0 comment Print

1. These regulations may be called the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) (Amendment) Regulations, 2022. 2. These shall come into force on the date of their publication in the official gazette.

Standard Operating Procedure for Export of Wheat

May 24, 2022 954 Views 0 comment Print

OFFICE OF THE COMMISSIONER OF CUSTOMS (NS-II), MUMBAI ZONE-II, JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SFIEVA, TALUKA: URAN, DISTRICT: RAIGAD, MAHARASHTRA-400707. email: apmainexp&jawaharcustoms.gov.in Phone:(022)-27242700 F. No. S/12-Gen-misc-12/2022-23/ AM (X) Date: 24.05.2022 STANDING ORDER NO. 03 /2022 Subject: Standard Operating Procedure for Export of Wheat as per para 1.05 of the Foreign Trade Policy 2015-2020 — reg. […]

Prohibition on export of wheat – RAs to manually sign Registration Certificate

May 24, 2022 492 Views 0 comment Print

In order to prevent any misuse of the digitally signed copies of the Registration Certificate manually signed and stamped physical copies of the Registration Certificate. Such RCs will be presented to concerned Customs authorities for facilitating exports of Wheat as mentioned in it.

Housing Finance – Loans for repairs/additions/alterations – Enhancement of limits

May 24, 2022 939 Views 0 comment Print

The ceiling on Housing loans for repairs/additions/alterations is now revised to ₹10 lakh in metropolitan centres (those centres with population of 10 lakh and above) and ₹6 lakh in other centres.

RBI Constitutes Committee for Review of Customer Service Standards in RBI Regulated Entities

May 23, 2022 498 Views 0 comment Print

RBI announced setting up of a Committee for Review of Customer Service Standards in RBI Regulated Entities (REs) for examining and reviewing the state of customer service in the REs and adequacy of customer service regulations and suggest measures to improve customer service.

HC quashed NFAC order passed without discussing reply to SCN filed by assessee

May 23, 2022 1737 Views 0 comment Print

Vellaian Selvaraj Vs Additional/Joint/Deputy/Asst. CIT/ITO (Madras High Court) Considering the fact that the impugned Assessment Orders have been passed without any discussion, these Writ Petitions are allowed by remitting the case back to the National Faceless Assessment Centre to pass a fresh order within a period of sixty days based on the reply filed by […]

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