1. (1) These rules may be called the Calcium Carbide (Amendment) Rules, 2021. (2) These shall come into force on the date of their final publication in the Official Gazette. 2. In the said rules, in Rule 31, sub-rule (1) the words maximum of three years shall be substituted with “maximum of ten years”.
Indus Biotech Private Limited Vs Kotak India Venture (Offshore) Fund (Earlier Known As Kotak India Venture Limited) & Ors. (Supreme Court) It is clarified that in any proceeding which is pending before the Adjudicating Authority under Section 7 of IB Code, if such petition is admitted upon the Adjudicating Authority recording the satisfaction with regard […]
Inox India Pvt Ltd Vs C.C.E. & S.T. (CESTAT Ahmedabad) As regard the limitation, I find that there is no dispute that the appellant is availing the Cenvat credit and declaring in their monthly returns. The issue involved is also of interpretation of Cenvat Credit Rules and on this issue there are number of cases […]
Commissioner of GST & Central Excise Vs TVS Motor Co. Ltd. (Madras High Court) The facts clearly show that there is direct nexus between the activity of TVSFS with that of the activity of the We say so because of the exclusive arrangement between the assessee and TVSFS. The Revenue has not disputed the factual […]
(1) These regulations may be called the International Financial Services Centres Authority (IFSCA) (Finance Company) Regulations, 2021. (2) They shall come into force from the date of its notification in the Official Gazette.
The Assessing Officer rejected the reply filed by the appellant by holding that there was no opening and closing stock of goods and all the goods were purchased as sold out during the assessment year. Further, the Trading, Profit and Loss Account disclosed gross loss and had the dealer sold all the goods purchased with a marginal increase in sale price over the purchase price, then the Trading Account would reflect a different picture with a gross profit.
Transfer of shareholding among immediate relative shall not result into change in control. Immediate relative shall be construed as defined under Regulation 2(l) of SEBI SAST Regulations and includes any spouse of that person, or any parent, brother, sister or child of the person or of the spouse;
In re Arvind Envisol Limited (GST AAR Karnataka) Whether the service of supply, erection, commissioning and installation of waste-water pretreatment plant followed by operation and maintenance of such plant attracts rate 12% of GST in terms of notification No.11/2017 Central Tax (rate) Dated: 28/06/2017? The service of supply, erection, commissioning and installation of waste-water pre-treatment […]
Reserve Bank of India RBI/2020-21/113 A.P. (DIR Series) Circular No.13 March 25, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, FETERS – Cards: Monthly Reporting Attention of Authorised Dealers (Category I) is invited to A.P. (DIR Series) Circular No. 50 dated February 11, 2016 on compilation of R-Returns for reporting under the Foreign Exchange Transactions […]
In re PSK Engineering Construction & Co. (GST AAR Tamilnadu) 1. What is the rate of GST to be charged on providing works contract services to TANGEDCO for carrying out retrofitting work for strengthening the NPKRR Maaligai against seismic and wind effect and modification of elevation in TNEB headquarters building at Chennai? The rate of […]
