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Export duty exempted on Rice in the husk (paddy or rough) of seed quality

April 10, 2023 1611 Views 0 comment Print

Seeks to amend notification No. 55/2022- Customs, dated 31.10.2022, in order to exempt Rice in the husk (paddy or rough) of seed quality from export duty of 20% Notification No. 30/2023-Customs Dated 10th April, 2023

Delay in CS Appointment: Penalty reduced from 6 Lakh to 4 Lakh by RD

April 10, 2023 261 Views 0 comment Print

Dive into the appeal under Companies Act, 2013 by Vaasudev Grain Mill Pvt Ltd. Learn about penalties, Covid-19 challenges, and the final resolution by the Regional Director.

Fixing the GST Process: Five Years of Iterative Problem Solving

April 8, 2023 7065 Views 1 comment Print

This paper, examines the topic ‘GST Process: Five Years of Iterative Problem Solving’ from the perspective of process efficiency and the ability of the system to correct by responding to feedback loops.

Government Crackdown on Illegal Betting Ads: Advisory Alert

April 6, 2023 69 Views 0 comment Print

Explore the latest advisory from the Ministry of Information & Broadcasting urging media entities to refrain from promoting illegal online betting platforms. Legal implications and potential actions disclosed.

Penalty under Competition act should be on relevant turnover instead of Total Turnover: SC

April 6, 2023 5478 Views 0 comment Print

SC in Excel Crop Care ruled that relevant turnover of company, rather than Total turnover, should be used to determine punishment to be imposed on firms using anti-competitive techniques.

SEBI advisory on brand/trade name use by Investment Advisers & Research Analysts

April 6, 2023 765 Views 0 comment Print

SEBI issued advisory on Usage of brand name/trade name by Investment Advisers (IA) and Research Analysts (RA) in their advertisements, websites, publications, correspondences with clients and various documents while marketing their services rather than their name as registered with SEBI. Advisory is applicable from 1st May 2023. Securities and Exchange Board of India Circular No. […]

CBIC notifies Customs Exchange rate for Import & Export wef 07.04.2023

April 6, 2023 2871 Views 0 comment Print

CBIC notifies Customs Exchange rate for Import & Export with effect from 7th April, 2023 vide Exchange rate vide Notification No. 26/2023 – Customs (N.T.) | Dated: 6th April, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS New Delhi ***** Notification No. 26/2023 – Customs (N.T.) Dated: […]

APConnect – Online application for Full Fledged Money Changers and non-bank Authorised Dealers Category-II

April 6, 2023 7776 Views 0 comment Print

A software application called ‘APConnect’ has been developed for processing of application for licencing of FFMC, non-bank AD Cat-II, authorisation as MTSS Agent, renewal of existing licence / authorisation, for seeking approval as per the extant instructions and for submission of various statements/returns by FFMCs and non-bank AD Cat II.

Customs (Waiver of Interest) for technical difficulties on Common Portal

April 6, 2023 1671 Views 0 comment Print

CBIC waives interest payable under section 47(2) of Customs Act, 1962, for from 1st April, 2023 upto and including the 10th April, 2023

Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023.

April 6, 2023 2430 Views 0 comment Print

(1) These rules may be called the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023. (2) They shall come into force on the date of their publication in the Official Gazette.

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