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Course Fee Waiver Scheme for CMA Students Amid COVID-19

June 29, 2021 675 Views 0 comment Print

The Council has granted a course fee waiver scheme in the form of scholarship to the aspiring CMA students at Intermediate and/or Final level who unfortunately lost their father or mother or guardian due to COVID 19, who were earning member of their family.

Cross Margin in Commodity Index Futures & its underlying constituent futures or its variants

June 29, 2021 375 Views 0 comment Print

Securities and Exchange Board of India Circular No.: SEBI/HO/CDMRD/CDMRD_DRM/P/CIR/2021/586 June 29, 2021 To, The Managing Directors / Chief Executive Officers, All Clearing Corporations having Commodity Derivatives Segment Sir / Madam, Sub: Cross Margin in Commodity Index Futures and its underlying constituent futures or its variants 1. SEBI has prescribed norms, inter-alia, for providing margin benefit […]

Clarification on withdrawal/closure of accounts under National Savings Schemes- Reg.

June 29, 2021 3936 Views 1 comment Print

As per Rule 12 of Govt. Savings Promotion General Rules, 2018 issued vide GSR No. 1003(E) dated 05.10.2018 circulated vide SB Order No. 13/2019 dated 18.12.2019, at the time of payment of maturity proceeds or partial withdrawal or interest, the depositor shall affix his signature or thumb impression in the presence of the authorised officer who shall verify the identity of the person

Review of Anti-Dumping Duty imposed on Imports of Clear Float Glass

June 29, 2021 2004 Views 0 comment Print

Sunset Review of Anti-Dumping Duty imposed on Imports of Clear Float Glass originating in or exported from Iran vide Initiation Notification no. F. No. 7/15/2021-DGTR Dated: 29th June, 2021 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) INITIATION NOTIFICATION New Delhi, the 29th June, 2021 Case No. AD (SSR)-13/2021 Subject: […]

GST on arranging sales of goods to recipient located outside India

June 28, 2021 1590 Views 0 comment Print

In re Teretex Trading Private Limited (GST AAR West Bengal) Whether supply of services by the applicant by way of arranging sales of goods to the recipient located outside the country shall be considered as ‘export of services’ or not? In the instant case, the applicant has admitted that he procures purchase order for supply […]

Guidelines for Managing Risk in Outsourcing of Financial Services by Co-op Banks

June 28, 2021 1626 Views 0 comment Print

Co-operative banks are advised to conduct a self-assessment of their existing outsourcing arrangements and bring the same in line with Guidelines for Managing Risk in Outsourcing of Financial Services by Co-operative Banks within a period of six months from the date of issue of this circular.

Papad cannot be classified based on different shapes & sizes

June 28, 2021 1497 Views 0 comment Print

In re Jayant Food Products  (GST AAAR Gujarat) Therefore, we are of the view that applicant’s products of different shapes and sizes of papad, whose pictures are reproduced above, are nothing but Papad, classifiable under Tariff Item 1905 90 40 of the Customs Tariff Act, 1975. Now, the question which arises is, would it be […]

GST on ‘Work Contract’ involving ‘Original work’ pertaining to ‘Railways

June 28, 2021 2217 Views 0 comment Print

In re SKG-JK-NMC Associates(JV)  (GST AAAR Gujarat) ‘Work Contract’ allotted to the appellant by M/s. RITES ltd. undoubtedly pertains to Railways only. We therefore find and conclude that the ‘Work Contract’ allotted to the appellant by M/s. RITES ltd. is covered under Clause 3(v)(a) of Notification No.11/2017-Central Tax(Rate) dated 28.06.2017 as amended from time to […]

Switch Board Cabinet as per specific design for Railway falls under Chapter Heading 8607

June 28, 2021 699 Views 0 comment Print

In re Prag Polymers (GST AAAR Uttar Pradesh) The classification of the ‘Switch Board Cabinet’, manufactured as per the specific design and layout provided  by the Railways and supplied to the Indian Railways  only and no- Where else, falls under Chapter Heading 8607 of the  Customs Tariff  Act, 1975. FULL TEXT OF ORDER OF APPELLATE […]

Anti-dumping investigation on imports of Electrogalvanized Steel

June 28, 2021 717 Views 0 comment Print

Case No. AD (OI)-07/2021 Initiation of Anti-dumping investigation concerning imports of Electrogalvanized Steel from Korea RP, Japan and Singapore.

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