In re Windlas Biotec Ltd (GST AAAR Uttarakhand) In the instant case the moot issue to be decided is whether the product ‘Dry Powders containing Protein Powder with Vitamins & Minerals’ merit classification under chapter 3004 of the GST Tariff Act, 2017 or otherwise. As regard to the applicant’s claim that product in question merit […]
Cut-off-date for further extension of admission to Foundation Course for June-2022 term is extended up to 25th February (Friday), 2022 THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (STATUTORY BODY UNDER AN ACT OF PARLIAMENT) CMA BHAWAN Ref. No.: G/128/02/2022 Date:- February 16, 2022 NOTIFICATION In pursuance of Regulation 20B of Cost and Works Accountants Regulation, […]
Ashok Kumar Yadav Vs ITO (ITAT Delhi) Ld. Counsel for assessee contended that AO has wrongly made addition of the cash deposit in the bank account u/s 69 of the Act. We do not agree with the contention of the Ld. Counsel for the assessee because assessee made a cash deposit of the impugned amount […]
Taking into consideration the dynamics of the insurance industry, the IRDAI (Health Insurance) Regulations, 2016 are comprehensively reviewed in order to examine the scope for allowing operational freedom to both insurers and TPAs while protecting the interests of policyholders. The extant regulations are also reviewed from the perspective of allowing further facilitations to the Insurers and the TPAs.
Time limit for Revocation Application against cancellation of registration is restricted to Ninety days: Though the time limit for filing the revocation has been increased from 30 days to 90 days, however, still the tax payers are rendered remedy less after the expiry of 90 days.
India’s overall exports (Merchandise and Services combined) in January 2022* are estimated to be USD 61.41 Billion, exhibiting a positive growth of 36.76 per cent over the same period last year and a positive growth of 38.90 per cent over January 2020. Overall imports in January 2022* are estimated to be USD 67.76 Billion, exhibiting a slower rate of growth of 30.54 per cent over the same period last year and a positive growth of 30.19 per cent over January 2020
In re Waterhealth India Private Limited (GST AAR Telangana) In the reference 1st cited, M/s. Waterhealth India Private Limited, Hyderabad, (36AAACW5652P1ZQ) has sought certain clarification by filing an application for Advance Ruling. The Case was posted for personal hearing on 16.02.2022. However, in the reference 5th cited, M/s. Waterhealth India Private Limited, have informed through […]
Tariff Notification No. 09/2022-Customs (N.T.) Dated: 15.02.2022 for Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 15th February, 2022 Notification No. 09/2022-CUSTOMS (N.T.) S.O. 690(E).—In exercise of the powers conferred by sub-section (2) […]
Processing of Refund application of tax amount of more than Rs 2 Crore:- All the refund applications where the applicant has claimed more than Rs 2 Crore of total tax amount, the application shall be processed at the Ward level by the ETO-cum-Proper Officer and Tax Inspector in accordance with the provisions of the law and the instructions.
In absence of any personal financial liability, the said referral activity would not attract the prohibition prescribed under Rule 8(3)(f) of the SCRR, 1957 and there is no bar for HSL, acting as a broker/distributor, to tie up with third party RIAs to offer advice to its distribution clients.
