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DGFT Policy Circular: Clarification on Isopropyl Alcohol Import Restrictions

August 31, 2023 1446 Views 0 comment Print

Read DGFT Policy Circular No. 04/2023-24 regarding applicability of safeguard measures on Isopropyl Alcohol (IPA) imports by SEZ units.

Non-Basmati White Rice (HS code 1006 30 90) Export to Bhutan, Mauritius, & Singapore

August 30, 2023 849 Views 0 comment Print

Details on permitted export volumes of non-basmati white rice to Bhutan, Mauritius, and Singapore as per DGFT Notification No. 30/2023

Flexibility in Social Stock Exchange (SSE) Framework

August 29, 2023 1257 Views 0 comment Print

An in-depth analysis of SEBI’s consultation paper on enhancing flexibility in Social Stock Exchange (SSE) framework, its current status, challenges, and proposed solutions.

SEBI’s New Cybersecurity Guidelines for Market Infrastructure Institutions

August 29, 2023 1479 Views 0 comment Print

SEBI releases updated cybersecurity guidelines for MIIs. Dive deep into the robust security measures, practices, and compliance regulations for a secure securities market.

Anti-Dumping Duty Imposed on Fishing Net Imports

August 29, 2023 1392 Views 0 comment Print

The Ministry of Finance has issued Notification No. 08/2023-Customs (ADD) Dated: 29th August, 2023 imposing anti-dumping duty on fishing net imports from China PR and Malaysia. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 08/2023-Customs (ADD) | Dated: 29th August, 2023 G.S.R. 634(E).—Whereas, the designated authority, vide notification No. 7/22/2022-DGTR, dated the 30th September, 2022, published […]

Initiation of Criminal Proceedings after TDS Deposit with Interest is invalid: HC

August 29, 2023 4188 Views 0 comment Print

Analysis of Jharkhand HC’s stance on TDS deposits, penalties, and implications on criminal proceedings when deposits are made with interest.

CCI Directs DGAP to Investigate ‘Jaypee Greens Kalypso Court’ Units for Profiteering

August 29, 2023 558 Views 0 comment Print

Competition Commission of India investigates Jaypee Greens Kalypso Court for alleged profiteering and non-compliance with the CGST Act. Detailed report inside.

Amendment in Export Policy of Non basmati rice under HS Code 10063090

August 29, 2023 897 Views 0 comment Print

In relaxation of Notification No.20/2023 dated 20th July, 2023 export of non-basmati white rice is allowed when export duty is paid before 21:57:01 hours on 20.07.2023.

Correction to Income Tax Notification for Accommodation Perquisite Valuation

August 29, 2023 1701 Views 0 comment Print

Corrigendum for the Notification bearing G.S.R. No. 615 (E) dated 18.08.2023 i.e. Income Tax Notification No. 65/2023 dated 18th August, 2023 related to Amended Income Tax Rules for Valuation of Accommodation Perquisite. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi Notification No. 72/2023-Income Tax | Dated: 29th August, 2023 […]

Advance Ruling application not admitted as applicant not submitted proof of applicable fees

August 29, 2023 363 Views 0 comment Print

It is observed that the applicant has not submitted the proof of applicable fees. A notice for virtual hearing was issued to the applicant for 05.07.2022 and during the virtual hearing he was directed to submit the proof of fees as per the provisions.

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