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DGFT Allocates 8606 MTRV Raw Cane Sugar to USA under TRQ Scheme 2024

January 3, 2024 780 Views 0 comment Print

Public Notice No. 36/2023- DGFT announces allocation of 8606 MTRV raw cane sugar to USA under TRQ scheme for the US fiscal year 2024. Details on conditions, certification, and implementation.

Penalty Imposed on Typhoon Holdings Ltd for Late Financial Statement Filing

January 3, 2024 561 Views 0 comment Print

Explore the penalty order against Typhoon Holdings Limited for violating Section 137 of the Companies Act, 2013. Detailed analysis, findings, and consequences.

NFRA Penalizes CA Rs 50 Lakhs for Misconduct in Section 80JJA Report

January 3, 2024 54138 Views 0 comment Print

NFRA issues order penalizing CA Pawan Jain and Mis Kumar Jain & Associates for lapses in issuing reports under Income Tax Act for Quess Corp Ltd.

Input Tax Credit on Blended Biofuel: AAR Rajasthan allows Application withdrawal

January 2, 2024 1641 Views 0 comment Print

Explore the withdrawal of an Advance Ruling Application regarding input tax credit for biofuel used in transportation services. Get insights from the AAR Rajasthan’s decision.

Draft Patents (2nd Amendment) Rules, 2024

January 2, 2024 2883 Views 0 comment Print

Explore the proposed amendments to the Patents Rules, 2003 by the Ministry of Commerce and Industry. Learn about adjudication procedures, penalties, and how to file appeals.

SoP for Determination of Net Quantity in Packaged Edible Oils and Fats

January 2, 2024 1218 Views 0 comment Print

Explore the Legal Metrology rules for determining the net quantity of edible oils & fats in packages Learn the procedures, equipment and guidelines for compliance

IBBI suspends IP for delegating his duty of representing in judicial proceedings

January 2, 2024 1200 Views 0 comment Print

IBBI suspends the registration of Insolvency Professional for a period for one year as he delegated his duty to represent the CD in judicial, quasi-judicial proceedings and finds him in contravention of sections 25(2)(b) and 208(2)(a) of the Code, regulation 27 of the CIRP Regulations, regulation 7(2)(a) and (h) of the IP Regulations read with clause 1, 3, and 5 of the Code of Conduct.

Review of Instructions on Bulk Deposits for Urban Co-operative Banks (UCBs)

January 1, 2024 1368 Views 0 comment Print

Explore RBI’s latest directive on bulk deposits for urban co-operative banks. Learn about enhanced limits, categories, and the impact on Tier 3 and 4 UCBs.

Weekly newsletter from Chairman, CBIC dated 01/01/2024

January 1, 2024 996 Views 0 comment Print

Explore the CBIC Chairman’s weekly newsletter for insights on tax collections, trade facilitation, officer welfare, and international cooperation. Happy New Year 2024!

CBIC Reduces Excise Duty on Diesel Exports to Nil wef 02.01.2024

January 1, 2024 630 Views 0 comment Print

Explore the latest Central Excise Notification 02/2024, effective from January 2, 2024, amending export duties on diesel. Details on reduced Special Additional Excise Duty and its impact.

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