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Anti-dumping investigation on imports of Stainless-Steel Seamless Tubes & Pipes

September 10, 2021 3708 Views 0 comment Print

Case No. AD (OI) – 13/2021 Initiation of anti-dumping investigation concerning imports of Stainless-Steel Seamless Tubes & Pipes originating in or exported from China PR.

Sunset Review of anti-dumping duty on imports of Amoxycillin/Amoxycillin Trihydrate

September 10, 2021 855 Views 0 comment Print

Case No. AD (SSR)-24/2021] Initiation of Sunset Review of anti-dumping duty imposed on imports of Amoxycillin/Amoxycillin Trihydrate, originating in or exported from China PR.

No section 206C(1H) TCS on transfer of goods by Air India to holding company

September 10, 2021 1293 Views 0 comment Print

Central Government hereby specifies that, Air India Limited (PAN: AACCN6194P) shall not be considered as ‘seller’ for the purposes of sub-section (1H) of section 206C of the said Act in relation to transfer of goods by it to Air India Assets Holding Limited (PAN: AAQCA4703M) under a plan approved by the Central Government. MINISTRY OF […]

No Section 194Q TDS on transfer of goods by Air India to holding company

September 10, 2021 1716 Views 0 comment Print

Central Government hereby specifies that no TDS shall be deducted under section 194Q in case of transfer of goods by Air India Limited  to Air India Assets Holding Limited under a plan approved by the Central Government. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 107/2021-Income Tax | […]

No Section 194IA TDS on payment by Air India limited to holding company for property

September 10, 2021 1644 Views 0 comment Print

Central Government hereby specifies that no TDS shall be deducted under section 194-IA of Income Tax Act  on any payment made to the Air India Limited  for transfer of immovable property to Air India Assets Holding Limited under a plan approved by the Central Government. Notification No. 106/2021-Income Tax | Dated: 10th September, 2021 MINISTRY […]

Transfer from Air India limited to holding company will not be treated as transfer: CBDT

September 10, 2021 1188 Views 0 comment Print

Transfer of capital asset under plan approved by Central Government from Air India Limited being transferor public sector company, to Air India Assets Holding Limited being transferee public sector company will not be regarded as transfer as per clause (viiaf) of the section 47 of the Income-tax Act, 1961. Notification No. 104/2021-Income Tax | Dated: […]

Section 10(46) exemption to ‘District Mineral Foundation Trust’

September 10, 2021 2241 Views 0 comment Print

Vide Notification No. 103/2021-Income Tax | Dated: 10th September, 2021 CBDT notifies Tax Exemption to ‘District Mineral Foundation Trust’ . MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 103/2021-Income Tax | Dated: 10th September, 2021 S.O. 3659(E).—In exercise of the powers conferred by clause (46) of section 10 […]

Revised TMA for Specified Agriculture Products Scheme

September 9, 2021 13929 Views 1 comment Print

It has now been decided to introduce the ‘Revised Transport and Marketing Assistance (TMA) for Specified Agriculture Products Scheme’ for the exports effected on or after 01.04.2021. The earlier scheme would remain in operation for the exports effected up to 31.03.2021.

Import policy of Mercury revised from ‘Free’ to ‘Restricted’

September 9, 2021 1575 Views 0 comment Print

Notification No. 24/2015-2020 Import policy of Mercury has been revised from ‘Free’ to ‘Restricted’ subject to obtaining Prior Informed Consent from MoEF&CC.

Adjustment of outstanding RD Loan/interest of matured RD Account through office account (SOL ID+0023) in CBS post offices

September 9, 2021 43212 Views 0 comment Print

This office is receiving many representations from RD account holders about the need for credit of outstanding RD Loan/interest amount on matured RD accounts in Finacle. The issue was examined in detail and to avoid any inconvenience to the RD account holders, necessary amendments have been made in Finacle.

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