Half yearly meetings of customs Audit Commissionerate shall be convened by the ADG, DG (Audit), Mumbai to discuss the conduct of TBA. The meeting may deliberate upon topics such as including local risk parameters in the selection of BE/SB for TBA, increase or decrease in the total number of bills selected for Audit, and the progress/pendency of TBA etc. All the officers are directed to provide their inputs for the said meeting within stipulated lime frame.
We find that the facts are not in disputed that amount recovered by the appellant is towards the poor quality of goods purchased by them.
DCIT Vs Jainam Investments (ITAT MUMBAI) Under this issue the revenue has challenged the deletion of disallowance of Rs.4,71,19,785/- on of sale shares of M/s. Mahavir Advanced Remedies. The Ld. Representative of the revenue has argued that the CIT(A) has wrongly deleted the disallowance of Rs.4,71,19,785/-, therefore, the finding of the CIT(A) is not justifiable, […]
Transpeed Logistics Pvt. Ltd. Vs Commissioner of Customs (CESTAT Delhi) Regulation 10(n) of Customs Brokers Licensing Regulations, 2018 requires the Customs Broker to verify the correctness of Importer/Exporter Code Number, Service Tax Identification Number, identity card of the client and functioning of the client at the declared address by using reliable, independent, authentic documents, data […]
Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under India-Mercosur PTA and India-Thailand EHS w.e.f. 25th February 2021
On the anti-evasion front, officers of CGST Delhi West Commissionerate need to be appreciated for their good work in bringing to book those involved in the illegal manufacturing and clandestine supply of gutkha/pan masala/tobacco products.
We are of the opinion that the assessee has invested the sale consideration on transfer of Capital Asset in purchasing a new residential property in the name of Smt. Shailaja J who is being married widowed dependent daughter of the assessee and also legal heir of the assessee. Accordingly, we direct the Assessing Officer to grant exemption u/s. 54F of the Act on the amount invested in purchase of residential house in his daughter’s name.
Small Industries Development Bank of India (SIDBI) Request for Proposal (RfP) For Concurrent Audit of Operations of Institutional Finance Vertical (IFV) 1) The RfP is posted on the SIDBI website sidbi.in. SIDBI reserves the sole right for carrying out any amendment / modifications / changes including any addendum to this RfP. Such amendments / modifications […]
It is also informed that while applicants can choose to avail CoO (NP)online or in manual mode till 31.3.2021 w.e.f 1.4.2021 applications will be accepted in online mode only. Further details in the matter will be notified subsequently.
Case No. AD-SSR 24/2020 Initiation of Sunset Review investigation concerning imports of Seamless Tubes, Pipes & Hollow Profiles of Iron, Alloy or Non-Alloy Steel originating in or exported from China PR-reg.
