ISFCA fee structure for Finance Company/ Units is as follows: a) Application fee: $1000 for new entities (one time) b) Registration fee: $12,500 for new entities (one time) c) Annual fee: $12,500 for all registered Finance Company/Finance Unit (second year onwards)
Import policy of Melon Seeds falling under HS Code 12077090 has been revised from ‘Free’ to ‘Restricted’ subject to the revised policy condition vide Notification No. 3/2015-2020 Dated: 26th April, 2021. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) DIRECTORATE GENERAL OF FOREIGN TRADE New Delhi, the 26th April, 2021 Notification No. 3/2015-2020 Subject: Amendment […]
Address details of Bharat Chamber of Commerce under Appendix 2E of FTP, 2015-2020 is updated vide Public Notice No. 2/2015-2020 dated 26th April, 2021. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) Public Notice No. 2/2015-2020 New Delhi, the 26th April, 2021 Subject:—Amendment in Appendix 2E (List of agencies to […]
Ministry Of Chemicals And Fertilizers passed the following orders- ♦ Acrylonitrile (Quality Control) Amendment Order, 2020, ♦ Maleic Anhydride (Quality Control) Amendment Order, 2020 ♦ Methyl Acrylate , Ethyl acrylate, n- butyl Acrylate (Quality Control) Amendment Order, 2020 ♦ Styrene (Vinyl Benzene) (Quality Control) Amendment Order, 2020 ♦ Vinyl Acetate Monomer (Quality Control) Amendment Order, […]
Explore the legal battle between Baby Marine Seafood Retail Pvt. Ltd. and C.C, Cochin (CESTAT Bangalore) over seafood import. Understand the intricacies of compliance with Indian food safety standards, lab analyses, and the contested Section 111(d) of the Customs Act.
Temporary Relaxation in the Training Guidelines for conducting all types of training programme through online mode instead of physical batches (classroom mode) due to persistent rise of COVID 19 cases in India.
In search assessment, any undisclosed income, which can ultimately be added, is only to the extent of any unrecorded assets/material found or any incriminating documents found as representing undisclosed income earned, since, AO had not made any specific reference to the incriminating material found during the search in respect of additions made by him, therefore, assessment so framed, was bad in law.
New Delhi Tyre House Vs ACIT (ITAT Delhi) In this case a Ground is on account of confirmation of disallowances out of telephone tours, and other expenses including depreciation on the car stating that involvement of the personal element of the partners of the firm cannot be ruled out. Both the lower authorities have confirmed […]
Innomit Mineral Projects Pvt Ltd. Vs Additional Commissioner of Customs (Madras High Court) The petitioner appears to be a victim of the chinese exporter. The petitioner had made a victim of fraud. The petitioner therefore, seek refund of the customs duty paid at the time of filing of Bill of Entry under the self assessment […]
Axis Ispat Private Limited Vs Union of India (Delhi High Court) A perusal of some of the show cause notices (SCNs) which have been issued shows that, there is a doubt as to whether the reply submitted by the Petitioner in June, 2020 has been considered by the ROC while issuing the show cause notices […]
