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Weekly Newsletter From Chairman, CBIC Dated 17/05/2021

May 17, 2021 654 Views 0 comment Print

As a part of taxpayer facilitation, we have automated most of our refund/ drawback processes and amounts due to the taxpayers, especially of IGST that get automatically processed and credited without human intervention.

CoWIN website Reflects Change in Dose Interval of Covishield Vaccine

May 17, 2021 528 Views 0 comment Print

CoWIN digital Portal Reconfigured to Reflect Change in Dose Interval of Covishield Vaccine to 12-16 weeks Already Booked Online appointments for 2nd Covishield Dose will remain Valid; NOT being cancelled by COWIN

Addition based on statements recorded by survey team & credible evidence without any retraction are valid

May 17, 2021 1221 Views 0 comment Print

Sanjay Sultania Vs ITO (ITAT Cuttack) CBDT in the circular dated 10.3.2003 (supra) has directed the revenue authorities that if confession not based upon credible evidence, are later retracted by the concerned assesses while filing the returns of income, such confessions do not serve any useful purpose. In the present case,  there was substantial evidence […]

In absence of any contract or sub-contract work by Joint Venture to its members, Section 194C not applicable

May 17, 2021 2448 Views 0 comment Print

ITO Vs Shraddha & Prasad Joint Venture (ITAT Pune) This appeal preferred by the Revenue emanates from the order of the Ld. CIT(Appeal), Pune-3 dated 29.08.2017 for the assessment year 2014-15 as per the following grounds of appeal on record : “1. On the facts and circumstances of the case, the order of the Ld. […]

Analysis of Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021

May 17, 2021 3903 Views 0 comment Print

Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021 have been introduced in view of the demands from the trade and industry and having regard to their changing needs as per prevalent global practices. The amendments are also an effort towards creating an enabling environment for the promoting manufacturing by domestic industry to make them competitive globally and also make them self-reliant in furtherance of the goal of Atmanirbhar Bharat.

Study material of CS Executive and Professional Programme

May 16, 2021 981 Views 0 comment Print

Attention students Study material of Executive and Professional Programme Students may please note that Study Material of Executive and Professional Programme is under process for dispatch. Due to the outbreak of COVID-19 Pandemic, the logistic is totally halted for which actual delivery may get delayed. Till then you may please refer the soft copy of […]

Re-Opening of Online Window For Submission of CS Examination Form

May 16, 2021 378 Views 0 comment Print

The Institute of Company Secretaries of India KIND ATTENTION STUDENTS ! RE-OPENING OF ONLINE WINDOW FOR SUBMISSION OF CS EXAMINATION FORM FOR JUNE 2021 EXAM SESSION (NOW POSTPONED & FRESH DATES ARE YET TO BE ANNOUNCED) The Last date for submission of Examination form for CS Foundation/ Executive/ Professional Program Examinations for June 2021 Session […]

Alleged Disgraceful Actions by Police Department against a CA

May 16, 2021 4491 Views 3 comments Print

We regret to inform that now even the Police has started booking members belonging to the respectable fraternity of Chartered Accountants for bonafide actions done by these professionals in their routine course of work on behalf of their clients.

Special Refund & Drawback Disposal Drive from 15.05.2021 to 31.05.2021

May 15, 2021 1203 Views 0 comment Print

Office of The Commissioner of Customs (NS-II) Nhava Sheva Customs, Raigad, Maharashtra- 400 707. No. S/12-Gen–Misc-131/20-21/DBK JNCH Date: 15. 05.2021 Public Notice No. 45/2021 DIN No. 20210578NT0000555B95 Subject: Special Refund and Drawback Disposal Drive from 15.05.2021 to 31.05.2021 – reg. Attention of all exporters, their authorised representatives, trade and Industry associations and other stakeholders is […]

Initiation of Anti-Dumping Investigation on Imports of Solar Cells

May 15, 2021 960 Views 0 comment Print

Case No. AD (OI)-48/2020 Dated: 15th May, 2021 Initiation of Anti-Dumping Investigation concerning imports of ―SOLAR CELLS WHETHER OR NOT ASSEMBLED INTO MODULES OR PANELS originating in or exported from China PR, Thailand and Vietnam.

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