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NPS Functionalities released by CRAs during Quarter I of FY 2021-22

September 2, 2021 639 Views 0 comment Print

The Central Record Keeping Agencies (CRAs) appointed by PFRDA develop system level functionalities as per the evolving needs of NPS stakeholders in accordance with Section 21 of PFRDA Act 2013.

Biopesticides classifiable under chapter 38: CAAR

September 2, 2021 849 Views 0 comment Print

In re Dow Agro Sciences India Pvt. Ltd. (CAAR Mumbai) Import of insecticides/pesticides is subject to the provisions of the Insecticides Act, 1968. As per provisions of section 9 of the said Act, no insecticides are allowed to be imported without a valid certificate of registration or an import permit issued by the Secretary, Central […]

CAAR cannot give ruling on a issue already pending before an officer of customs

September 2, 2021 408 Views 0 comment Print

In re Larsen & Toubro Ltd. (CAAR Mumbai) This is a request for advance ruling seeking classification of tunnel boring machine and its components, as well as the eligibility of the said goods for exemption from customs duty. The request for advance ruling was filed in the secretariat of the erstwhile AAR, New Delhi on […]

Tello drones with or without camera would merit classification under heading 9503

September 2, 2021 3681 Views 0 comment Print

In re Ingram Micro India Pvt Ltd. (CAAR Mumbai) (i) Tello drones with or without camera would merit classification under heading 9503 of the first schedule to the Customs Tariff Act, 1975 and would attract basic customs duty @ 60% adv., IGST @ 18%, Social Welfare Surcharge @ 6%; (ii) Both AGRAS T16 and Mavic […]

MahaRERA: Roznama and next date of hearing in complaints

September 2, 2021 4578 Views 0 comment Print

MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Date: 02/09/2021 Order No. 22/2021 No. MahaRERA/Secy/File No. 27/185/2021 Sub: Roznama and next date of hearing in complaints. Whereas, the Maharashtra Real Estate (Regulation and Development) Act, 2016 (the Act) was enacted so as to establish the Real Estate Regulation Authority having amongst others, one of its objectives as being […]

IRDAI penalises Saferisk Insurance Brokers for Solicitation by other than BQP

September 1, 2021 2031 Views 0 comment Print

The Broker started his business during FY 2015-16 and the premium business is more than 10 crores during the FYs 2015-16, 2016-17 and 2018-19 and as per IRDAI (Insurance Brokers) Regulations, 2013 it is mandatory for an insurance broker to have a designated compliance officer if their business in a financial year is more than Rs 10 crores of premium.

SVLDRS Discharge certificate cannot be withheld for transition of disputed credits to GST

September 1, 2021 1086 Views 0 comment Print

Bharathi Cement Corporation Pvt. Ltd. Vs Additional Commissioner of Central Tax (Andhra Pradesh High Court) Once the declarant had made payment of the estimated amount as per the statement in the form of SVLDRS-3 within the stipulated time, it was beyond the jurisdiction of the respondents to proceed with adjudication of the show-cause notice issued […]

Election 2021- ICAI notifies important dates, No. of persons to be Elected, security deposit etc.

September 1, 2021 6087 Views 0 comment Print

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NOTIFICATION New Delhi, the 1st September, 2021 (Chartered Accountants) No. 54-EL(1)/2/2021.—In pursuance of sub-rule (2) of rule 4 of the Chartered Accountants (Election to the Council) Rules, 2006 read with sub-regulation (10) of regulation 134 of the Chartered Accountants Regulations, 1988, the Institute of Chartered Accountants of India […]

Head mounted tablets classifiable under CTH 85176290

September 1, 2021 2094 Views 0 comment Print

In re Ingram Micro India Pvt Ltd. (CAAR Mumbai) The Board Circular No. 20/2013-Cus. refers to ‘Tablet Computers’ that can be programmed in a variety of ways. HMT device doesn’t appear to be amenable to be programmed in various ways. It also held that the tablet computers are those devices which have essentially the same […]

Extension of dates under Direct Tax Vivad se Vishwas Act

August 31, 2021 4335 Views 0 comment Print

Vide Notification No. 94/2021-Income Tax Dated:  31st August, 2021 CBDT under Direct Tax Vivad se Vishwas Act, 2020 extended the last date of payment of the amount (without any additional amount) to 30th September, 2021. Also Read Press Release Dated 29th August 2021:Date of payment under Direct Tax Vivad se Vishwas Act extended MINISTRY OF […]

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