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CCI imposes penalty on ‘Maruti’ for controlling discounts by dealers

August 23, 2021 2028 Views 0 comment Print

Re Maruti Suzuki India Limited (Competition Commission Of India) The Competition Commission of India (CCI)  imposed a ₹200 crore penalty on Maruti Suzuki India Ltd (MSIL), for allegedly stifling competition with its policy of controlling the discounts dealers could offer consumers. Commission concludes that MSIL not only entered into an agreement with its dealers across […]

GST on services by World Economic Forum to its Liaison office in India

August 20, 2021 1863 Views 0 comment Print

In re World Economic Forum, India Liaison Office (AAR Maharashtra) Question 1. Whether the activities carried by the Applicant’s Head office located outside India and rendered to the Applicant will amount to supply as envisaged under Section 7 of the Central Goods and Services Act, 2017 considering that the Applicant is not engaged in any […]

Request for extension of Amnesty Scheme for non-filers of GST returns

August 19, 2021 23211 Views 9 comments Print

Government of India / CT and GST authorities of the Government of Odisha to do the needful at an early date to save the non-filers / Taxpayers, those who would not be able to take the advantage of the Amnesty Scheme as approved by the GST Council and the Government Notification dated-01/06/2021 due to the procedural constraints and this is going to affect the employment and economy of the country at large.

Anti-dumping investigation concerning imports of “Polyester Yarn

August 19, 2021 1656 Views 0 comment Print

Case No. OI – 09/2020 Anti-dumping investigation concerning imports of Polyester Yarn (Polyester Spun Yarn) originating in or exported from China PR, Indonesia, Nepal and Vietnam.

Pilot Launch of International Bullion Exchange – Gateway for Bullion Imports

August 18, 2021 609 Views 0 comment Print

Shri Injeti Srinivas, Chairperson, International Financial Services Centres Authority (IFSCA), launched the pilot run/soft launch here today. The International Bullion Exchange is scheduled to go live on October 1, 2021 the Foundation Day of IFSCA.

FAQs on PLI Scheme for White Goods (ACs and LED Lights)

August 18, 2021 1074 Views 0 comment Print

Frequently Asked Questions (FAQs) on Production Linked Incentive (PLI) Scheme for White Goods (ACs and LED Lights) – The Production Linked Incentive (PLI) Scheme for White Goods (PLIWG) as notified on April 16, 2021 shall provide financial incentive to boost domestic manufacturing and attract large investments in the White Goods manufacturing value chain

HC stays section 148 notice issued after 31.03.2021 as per omitted provisions

August 18, 2021 1488 Views 0 comment Print

Vijay Kumar Devnani Vs ITO and Anr. (Madhya Pradesh High Court) Madhya Pradesh High Court Stays Section 148 notice issued after 31st March 2021 as per the section 148 provisions which were effective only till 31st March 2021. The petitioner has challenged the validity of the Notification No. 20/2021 dated 31.03.2021 and Notification No. 38/2021 […]

HC stays section 148 notice issued after 31st March, 2021

August 18, 2021 2112 Views 0 comment Print

Sai Kripa Farms Vs ITO (Madhya Pradesh High Court) In this judgements notice issued u/s 148 have been stayed by the Madhya Pradesh High Court for being issued after 31st March, 2021 as per the omitted provisions. The petitioner has challenged the validity of the Notification No. 20/2021 dated 31.03.2021 and Notification No. 38/2021 dated […]

75 transfer/postings in the grade of ACIT/DCIT

August 18, 2021 3162 Views 0 comment Print

Office Order No. 209 of 2021 The following transfer/postings (Local changes) of the officers in the grade of Assistant/Deputy Commissioner of Income Tax, are hereby ordered with immediate effect and until further orders:

Centre Notifies RoDTEP Scheme Guidelines and Rates

August 17, 2021 951 Views 0 comment Print

Centre has today notified RoDTEP Scheme Guidelines and Rates (Remission of Duties and Taxes on Exported Products). The scheme for zero rating of exports will boost our exports & competitiveness in the global markets .The rates of RoDTEP will cover 8555 tariff lines.

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