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CAIT Condemn my way or high way Attitude of Amazon

December 18, 2021 3204 Views 0 comment Print

While referring a media story appeared today where Amazon has said to be told CCI that it does not have power to revoke the approval, the CAIT said that If it believe that CCI does not have revoking power, why they indulged into various hearings of CCI and at first go it should have asked CCI that it does not have any such power.

CAAR cannot give ruling if a writ is pending before HC in which CAAR is also a party

December 18, 2021 417 Views 0 comment Print

In re Amazon seller services Pvt Ltd (CAAR Mumbai) M/s. Amazon Seller Services Private Limited proposes to import Fire TV Stick. The application of advance ruling, seeking the classification of the said device, was received in the secretariat of the erstwhile Authority for Advance Rulings (Central Excise, Customs and Service Tax), New Delhi on 14.07.2016. […]

Amazon Fire TV Stick classifiable under sub-heading 85176290

December 18, 2021 2409 Views 0 comment Print

In re Amazon seller services Pvt Ltd (CAAR Mumbai) Classification for Import of 1. HDMI Digital Media Reciever [model no S3L46N] with Alexa Voice Remote Lite(1st gen) [Model no. H69A73] as a kit (Fire TV stick lite- 1st gen) 2. HDMI Digital Media Reciever [model no S3L46N] with All-new Alexa Voice Remote (Alexa Voice remote […]

eForm PAS-6: Reconciliation of Share Capital Audit Report (Half Yearly)

December 18, 2021 483 Views 0 comment Print

Part I – Law(s) Governing the eForm PAS-6 Section and Rule Number(s) Rule 9A: Issue of securities in dematerialised form by unlisted public companies:- (1) Every unlisted public company shall – (a) Issue the securities only in dematerialised form; and (b) Facilitate dematerialisation of all its existing securities in accordance with provisions of the Depositories […]

9 percent MSMEs closed down due to impact of COVID-19

December 18, 2021 942 Views 0 comment Print

STATEMENT REFERRED TO IN REPLY TO PARTS (A) TO (H) OF THE LOK SABHA STARRED QUESTION NO. *262 FOR ANSWER ON 16.12.2021 (a) & (b): The National Crime Records Bureau has informed that as per published reports, a total of 9,052 self employed persons (Business) committed suicide in the year 2019 and a total of […]

Refund of Transitional credit can be claimed by Reversal of Cenvat Credit

December 18, 2021 1494 Views 0 comment Print

Lightspeed India Partners Advisors LLP Vs Commissioner Central Tax (Appeals) (CESTAT Delhi) Since the GST regime has done away with the ST 3 return, there remain no provision in GST system to reflect the refund claim in the CENVAT credit balance. The only option was to show its reversal in the Books of accounts. Such […]

Investor Charter & Disclosure of Complaints by Custodians & DDPs

December 17, 2021 528 Views 0 comment Print

In order to facilitate awareness among investors about the details of activities carried and services provided by Custodians and Designated Depository Participants (DDPs), SEBI after due consultation has developed Investor Charters for Custodians and DDPs which inter-alia deals with services provided to investors with timelines and general guidance for Investors.

EPFO: Mandatory activation of Multi-Factor Authentication

December 17, 2021 8037 Views 0 comment Print

It is informed that, with immediate effect, installation of 2 Factor Authentication (2FA) has been made mandatory by NIC for using the email id on ‘@epfindia.gov.in’ domain.

ICAI CMA Notice Against Employment Fraud/Unfair Practice

December 17, 2021 1239 Views 0 comment Print

It has come to our notice that certain individuals/groups of individuals/institutions have been fraudulently offering false employment opportunities on behalf of The Institute of Cost Accountants of India (ICAI).

eForm MGT-14 | Filing of Resolutions & agreements to Registrar

December 17, 2021 10200 Views 0 comment Print

eForm MGT-14 is required to be filed pursuant to Section 94(1), 117(1) of the Companies Act, 2013 and Section 192 of the Companies Act, 1956 and rules made thereunder

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