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Bamboo stick less than 6 mm not require PQ clearance: CBIC

August 31, 2022 5508 Views 0 comment Print

DA&FW has approved the inclusion of bamboo stick less than 6 mm in the list of processed items that do not require PQ clearance

CBIC increases road and infrastructure cess on export of Diesel to Rs. 1.50 per litre

August 31, 2022 1974 Views 0 comment Print

CBIC amends Notification No. 10/2022-Central Excise, dated the 30th June, 2022, to increase the road and infrastructure cess on export of Diesel vide Notification No. 28/2022-Central Excise | Dated: 31st August, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 28/2022-Central Excise | Dated: 31st August, 2022 G.S.R. ….. (E). – […]

CBIC increases SAED on production of Petroleum Crude & export of Aviation Turbine Fuel

August 31, 2022 2238 Views 0 comment Print

CBIC amends Notification No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty (SAED) on production of Petroleum Crude to Rs. 13,300 per tonne and increase Special Additional Excise Duty on export of Aviation Turbine Fuel to Rs. 9 per litre vide Notification No. 26/2022-Central Excise | Dated: 31st August, […]

NAA directs DGAP to reinvestigate Profiteering by Friends Land Developers

August 31, 2022 882 Views 0 comment Print

Director-General of Anti-Profiteering Vs Friends Land Developers (NAA) The present Report dated 01.07.2020 has been received from the Director-General of Anti-Profiteering (DGAP) after a detailed investigation under Rule 129 (6) of the Central Goods & Service Tax Rules, 2017. The brief facts of the case are that this Authority, vide Order No. 62/2019 dated 27.11.2019, […]

Kanakia Spaces Realty guilty of Profiteering in project ‘Kanakia Sevens’

August 31, 2022 2679 Views 0 comment Print

Meenal Gupta Vs Kanakia Spaces Reality Pvt. Ltd. (NAA) The present Report dated 31.08.2020 had been received from the Applicant No. 2 i.e. the Director General of Anti-Profiteering (DGAP) after detailed investigation under Rue 129 (8) of the Coning Goods & Service Tax (CGST) Rules, 2017 In pursuance of Authority’s Interim Order no.15/2019 dated 19.11 […]

No Profiteering by ‘Sri Dutt Constructions’ in Project Garden Avenue K-4

August 31, 2022 1398 Views 0 comment Print

Milan Pankaj Kothari Vs Sri Dutt Constructions (NAA) The brief facts of the present case are that an application was filed before the Maharashtra State Screening Committee on Anti-profiteering under Rule 128 of the CGST Rules, 2017 by the Applicant No. 1 alleging profiteering by the Respondent in respect of purchase of a Flat No. […]

Proposed SCOMET Policy for export of drones/UAVs

August 31, 2022 1464 Views 0 comment Print

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Dated: 30th August, 2022 Subject:- Circulation of proposed amendment in Category 5B of SCOMET List related to export of Drones/UAVs and General Authorization for Export of Drones/UAVs (GAED) , a SCOMET item for public/Industry comments. […]

Food Safety and Standards (Foods for Infant Nutrition) First Amendment Regulations, 2022

August 30, 2022 1575 Views 0 comment Print

(1) These regulations may be called the Food Safety and Standards (Foods for Infant Nutrition) First Amendment Regulations, 2022. (2) They shall come into force on 1st October, 2022.

Customs Broker Licence cannot be canceled by mere Allegations

August 30, 2022 735 Views 0 comment Print

S.K. Kanjilal Vs Commissioner of Customs (Airport & Administration) (CESTAT Kolkata) When the Revenue alleges violation, connivance, knowledge and intent, it is for the Revenue to justify its allegations by furnishing supporting documents and it cannot ask the Appellant to disprove its allegations. From the records, we do not find answers to the appellant’s contention […]

Request to reconsider method of implementation of Punjab State Development Tax

August 29, 2022 1326 Views 0 comment Print

THE PUNJAB ACCOUNTANTS ASSOCIATION (Regd. vide No. 304 of 2019-20 under the Registration of Societies Act, 1860) OFFICE : R. K. ASSOCIATES, SEHDEV MARKET, JALANDHAR CITY Mob: 98151-98051, 98780-20386, 98153-23059 E-mail : athepunjab@gmail.com, punjacctants@gmail.com, Website : punjabaccountants.com Ref. No : ……………… Dated : 29-08-2022 To Sardar Harpal Singh ji Cheema, Hon’ble Finance Minister, Punjab, Chandigarh Sub […]

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