In view of the SEBI Circular dated September 23, 2020 which, inter alia, states that ‘IA’ shall, wherever applicable, advice direct plans (non-commission based) on products only, it is informed that the extant provisions envisage lAs advising its clients only in direct plans on products and not on regular mode. Thus, you may advise your […]
Section 28(1)(a) of the Code states that an IP shall take prior approval of the CoC before raising any interim finance in excess of the amount which has been decided by the CoC. This means that all the CoC members shall have final call as to what amount, whether initial or additional, may be raised […]
Vizagpatam Chamber of Commerce and Industry (VCCI), Andhra Pradesh is enlisted under Appendix 2E of FTP, 2015-20 for issuing Certificate of Origin (Non Preferential). The details of Nag-Vidarbha Chamber of Commerce, already enlisted under Appendix 2E, have also been amended. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign […]
In re Mody Education Foundation (GST AAR Rajasthan) Whether Hostel Accommodation Charges per Hostel Seat provided by the Mody Education Foundation (MEF) to the students of Mody University of Science and Technology (MUST) having value of service upto Rs. 1000/- per day would be eligible for exemption under entry no. 14 of the Notification No. […]
The export of Bamboo Charcoal made from Bamboo obtained from legal source is allowed Freely subject to above policy conditions.
CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 20th May, 2022 vide Exchange rates Notification No. 43/2022-Customs (N.T.) dated 19th May, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 43/2022 – Customs (N.T.) New Delhi, dated the 19th […]
In view of the difficulties being experienced by exporters in receipt of export proceeds from Sri Lanka and State Bank of India’s credit facility agreement dated March 17, 2022 with the Government of Sri Lanka for sanction of Government of India guaranteed USD 1000 million term loan to the latter for financing purchase of essential goods by Sri Lanka from India, it has been decided that such trade transactions with Sri Lanka, falling under the said arrangement, may be settled in INR outside the ACU mechanism.
The revised format for security cover is enclosed at Annexure I. Further, the obligations of listed entity and Debenture Trustee with respect to preparation and submission of security
Pension Fund Regulatory and Development Authority (PFRDA) hereby reconstitutes Pension Advisory Committee constituted earlier vide Gazette Notification dated 16th September, 2020 with effect from 19th May, 2022. PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY NOTIFICATION New Delhi, the 19th May, 2022 F. No. PFRDA/17/RES/25.—In exercise of the powers conferred by sub-section (1) of section 45 of […]
Raychem RPG Ltd. Vs Commissioner of Central Excise (CESTAT Mumbai) We are not in agreement with the findings recorded by the Commissioner on the issue of limitation. Undisputedly all the facts were in the knowledge of the revenue and in fact have been corresponded between the revenue and appellant since 1993. For the clearance of […]
