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Issuance of Preferential Certificate of Origin for India’s exports to Vietnam

June 21, 2020 4200 Views 0 comment Print

The COO applications for exports under ASEAN-India FTA to all ASEAN countries except Thailand should now be submitted through the e-COO Platform by the exporters to the offices of the designated issuing agencies i.e. EIA, MPEDA and Textile Committee.

Assignment of Risk Weights on Credit Facilities under ECLGS

June 21, 2020 1788 Views 0 comment Print

As credit facilities extended under the scheme guaranteed by NCGTC are backed by an unconditional and irrevocable guarantee provided by Government of India, it has been decided that Member Lending Institutions shall assign zero percent risk weight on the credit facilities extended under this scheme to the extent of guarantee coverage.

CMA Examinations for June 2020 Term to commence from 01.09.2020

June 21, 2020 735 Views 0 comment Print

CMA Foundation, Intermediate and Final examinations that were scheduled from 20th-28th July, 2020 will now commence from 1st September, 2020.

Notification No. 26/2020-Customs (N.T./CAA/DRI), Dated: 21.05.2020

June 21, 2020 849 Views 0 comment Print

Notification No. 26/2020-Customs (N.T./CAA/DRI) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) NOTIFICATION New Delhi, the 21st May, 2020 Notification No. 26/2020-Customs (N.T./CAA/DRI) S.O. 2039 (E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4thJune 2015 in Gazette of India, Extra-ordinary, Part-II, […]

Include CMA services in Desk Review system of GST Audit

June 20, 2020 7836 Views 1 comment Print

In Desk Review, CMAs can also be a good assistant to CBIC and can guide to Govt. Officials which documents are necessary to scrutiny and review properly before field visit according to nature of business which in result will prevent revenue leakage of Govt.

All About PMAY – Top 10 Important FAQs

June 20, 2020 3708 Views 1 comment Print

Affordable housing still remains a distant dream for the common man. The Government of India acknowledges this and has passed various schemes to offer financial assistance to those who hope to own their own house. The PMAY home loan can offer you financial help based on which category of the scheme you identify yourself with. […]

SEBI relaxes regulatory compliance timelines

June 19, 2020 1107 Views 0 comment Print

ZIt has been decided to further extend the timelines for compliance with the regulatory requirements by the Trading Members / Clearing Members / Depository Participants, mentioned in the SEBI circulars,

HC on Situs of Goods or accretion of goods in works contract

June 19, 2020 2088 Views 0 comment Print

State of Kerala Vs Metro Minerals India (P) Ltd. (Kerala High Court) The transfer of property in goods whether as goods or in some other form involved in the execution of a works contract shall be deemed to have taken place in the State, if the goods are within the State at the time of […]

GST: HC cannot be made middle authority between Tax & Appellate Authority

June 18, 2020 1833 Views 0 comment Print

L&T Hydrocarbon Engineering Limited Vs State of Karnataka (Karnataka High Court) Learned Additional Government Advocate Sri.Vikram Huilgol for respondent No.2 submits that the appeal under Section 107 of Central Goods and Services Tax Act, 2017 are to be filed before the appellate authority. As such the petitioner cannot be so hurry and invoke writ remedy […]

Report on Measures for Strengthening Enforcement Mechanism of SEBI & Incidental Issues

June 17, 2020 1407 Views 0 comment Print

HIGH LEVEL COMMITTEE UNDER THE CHAIRMANSHIP OF JUSTICE ANIL R. DAVE, RETIRED JUDGE, SUPREME COURT OF INDIA A REPORT ON THE MEASURES FOR STRENGTHENING THE ENFORCEMENT MECHANISM OF THE BOARD AND INCIDENTAL ISSUES PREFACE The Securities and Exchange Board of India was set-up with the following mandates, – (i) to protect the interest of investors […]

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