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CBIC rescinds Notification levying ADD on PVC Flex Films

January 24, 2022 3147 Views 0 comment Print

Seeks to rescind Notification No. 42/2016 – Customs (ADD) dated 8th August, 2016 to remove levy of ADD on PVC Flex Films vide Notification No. 3/2022-Customs (ADD), Dated: 24.01.2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 24th January, 2022 Notification No. 3/2022-Customs (ADD) G.S.R. 38 (E).—In exercise of the powers conferred by sub-sections […]

SEBI (Employees’ Service) (Amendment) Regulations, 2022

January 24, 2022 1521 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Employees’ Service) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.

Intermediary Safe Liability Limitation – reg

January 22, 2022 2355 Views 0 comment Print

Section 79 of the IT Act provides for intermediaries to get exemption from liability provided they follow certain due diligence and also if, they are not aware of the information being transmitted through their platform Online market place being Intermediaries also enjoy the same immunity. They are also required to follow other legislation like the Consumer Protection Rules etc.

GST on Supply to Defence Machinery Design Establishment for use in warship building of Indian Navy

January 21, 2022 18579 Views 3 comments Print

Supplies made by the applicant to Defence Machinery Design Establishment (DMD) for the purpose of use in warship building of Indian Navy will qualify for the concessional rate of tax of 5% under CGST & SGST.

Govt withdraws Direct Selling Guidelines, 2016

January 21, 2022 2415 Views 0 comment Print

Central Government, having regard to the publication of the Consumer Protection (Direct Selling) Rules, 2021 withdraws the Direct Selling Guidelines, 2016 of the Government of India in the Ministry of Consumer Affairs, Food and Public Distribution (Department of Consumer Affairs). MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION (Department of Consumer Affairs) NOTIFICATION New Delhi, […]

MTPA Call for GST protest week and common representation

January 20, 2022 4341 Views 0 comment Print

The major issues at present are related to cancellation of registration, notices for ITC claims. We are preparing proposed common representation, which we will share with you in a day or two. We appeal to you to keep a week 24th Jan to 28 Jan 2022 for this purpose of nationwide common representation.

Mango Pulp/Puree’ classifiable under Tariff Item 08045040, 18% GST chargeable

January 20, 2022 8238 Views 0 comment Print

In re Foods and Inns Limited (GST AAAR Andhra Pradesh) The ‘Mango Pulp / Puree’ is classifiable under Tariff Item 0804 50 40 and chargeable to GST @ 18% as per entry No.453 of Schedule III in Notification No. 1/2017 – Central Tax (Rate) Dated 28.06.2017. FULL TEXT OF THE ORDER OF APPELLATE AUTHORITY FOR […]

Mango Pulp / Puree’ is classifiable under Tariff Item 08045040

January 20, 2022 5178 Views 0 comment Print

In re M/s. Sri Manjunatha Fruit Canning Industries  (GST AAAR Andhra Pradesh) The ‘Mango Pulp / Puree’ is classifiable under Tariff Item 0804 50 40 and chargeable to GST @ 18% as per entry No.453 of Schedule III in Notification No. 1/2017 – Central Tax (Rate) Dated 28.06.2017. FULL TEXT OF THE ORDER OF APPELLATE […]

Result of CS Foundation Programme & CSEET Examination & List of Toppers

January 20, 2022 3708 Views 0 comment Print

The result of Company Secretary Foundation Programme Examination, December — 2021 session held on 03rd and 04′” January, 2022 and Company Secretary Company Secretary Executive Entrance Test (CSEET) held on 08th and 10th January, 2022 has been declared today, Wednesday, the 19′” January, 2022 at 4.00 P.M.

93 JCITs assigned jurisdiction for exercise of power under Income Tax & Benami Property Act

January 20, 2022 3639 Views 0 comment Print

In pursuance to the above and in exercise of the powers conferred by Explanation to sub-section (1) of section 120 of the Income-tax Act, 1961 as also section 59 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988), it is hereby ordered that the officers referred to in column (3) of the table hereunder, in the grade of Joint Commissioners of Income-tax shall exercise the powers and perform the functions of the Income-tax Authority, referred to in columns (4) of the table hereunder in consequence to and from the date of the order no. 352 of 2021 dated 30.12.2021 issued from F.No.A-32012/3/2021—Ad.VI and until further orders.

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