Grievances from trade received that after payment of duty the same is not being reflected in ICES and Out of Charge (OOC) is not getting effected by the ICES.
Govt extends levy of anti-dumping duty (ADD) on import of Fishing Net originating in or exported from China PR up to and inclusive of the 9th September, 2023 vide Notification No. 03/2023-Customs (ADD) Dated: 6th April, 2023. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 03/2023-Customs (ADD) | Dated: 6th April, 2023 G.S.R. […]
Policy conditions for Halal Certification Process for Meat and Meat Products is notified vide Notification No. 03/2023-DGFT | Dated: 06th April, 2023 for Streamlining of Halal Certification Process for Meat and Meat Products. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 03/2023-DGFT […]
Framework of incentives titled Currency Distribution & Exchange Scheme (CDES) for bank branches including currency chests has been formulated in order to encourage all bank branches to provide better customer service to the members of public keeping in view the objectives of Clean Note Policy as part of currency management.
Rule 114AAA of the Income-tax Rules, 1962 related to Manner of making permanent account number (PAN) inoperative is applicable from 1st day of July, 2023. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) New Delhi *** Order No. F. No. 370142/14/2022-TPL Dated 1st April, 2023 Sub: Specified […]
CBDT has entered into a record 95 Advance Pricing Agreements (APAs) in FY 2022-23 with Indian taxpayers. This includes 63 Unilateral APAs (UAPAs) and 32 Bilateral APAs (BAPAs). With this, the total number of APAs since inception of the APA programme has gone up to 516, comprising 420 UAPAs and 96 BAPAs.
ICAI has released an Excel Utility which is based on the procedures outlined in the Guidance Note on Audit of Banks and the Technical Guide on the Long Form Audit Report.
Jetkool Exports India Vs National E-Assessment Centre (ITAT Mumbai) It is an admitted fact that the assessee being a partnership firm was entitled to deduction in respect of the remuneration payable to the partners as per clause 7 of the Partnership Deed. This in turn depends on the provision of Income Tax Act, 1961 which […]
CBIC notifies manner of issue of duty credit for goods exported under the RoDTEP Scheme under Foreign Trade Policy, 2023 vide Notification No. 24/2023-Customs (N.T.) Dated : 1st April, 2023 GOVERNMENT OF INDIA MINISTRYOF FINANCE (DEPARTMENT OF REVENUE) Notification No. 24/2023-Customs (N.T.) Dated : 1st April, 2023 G.S.R.261 (E).– In exercise of the powers conferred by […]
Issuance or forfeiture of securities, split or consolidation of shares, buyback of securities, any restriction on transferability of securities or alteration in terms or structure of existing securities including forfeiture, reissue of forfeited securities, alteration of calls, redemption of securities etc.
