The existing Foreign Trade Policy 2015-2020 which is valid upto 30th September, 2021 is extended upto 31st March, 2022 vide Notification No. 33/2015-2020 – DGFT Dated: 28th September, 2021. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade New Delhi Notification No. 33/2015-2020 – DGFT Dated: 28th September, […]
Secretary DPIIT said that more than 22,000 compliances have been reduced by Union Ministries, States & UTs so far under the initiative and about 13,000 compliances simplified while more than 1,200 processes have been digitized. It may be noted that during last fee years 103 offences have been decriminalized and 327 redundant provisions/laws removed.
In view of the impending cessation of LIBOR as a benchmark rate, it has been decided to permit AD banks to use any other widely accepted/Alternative reference rate in the currency concerned for such transactions.
The OTP generated is not getting transmitted to the registered mobile numbers of non-resident directors and foreign directors. Sometimes the OTP generated is not transmitted to e-mail IDs. Without the filling of OTPs, the e-form DIR-3 KYC cannot be filed.
The product under consideration in the present application is Elastomeric Filament Yarn of all deniers. These filament yarns are also commonly referred to as Spandex or Elastane. The subject goods are described in terms of the deniers and are sold generally in the range of 10 to 1680 deniers.
In view of merging of June, 2021 & December, 2021 Intermediate & Final Examinations of the Institute, all types of training to be completed before appearing CMA Intermediate/ Final Examinations as applicable are hereby exempted only for December- 2021 term of Examinations due to pandemic situation arising out of spread of COVID-19.
Jain Distillery Private Limite Vs State Of U.P. (Allahabad High Court) High Court held the State lost its legislative competence to enact laws, to impose tax on sales of ENA, upon the enactment of the 101st Constitution Amendment. Consequently, and upon considering Section 174(1)(i) of UPGST Act, 2017, the impugned Notification dated 17.12.2019, insofar as […]
The risk management framework of Stock Exchanges / Clearing Corporations (CCs) in India, inter-alia, prescribes a deposit based capital requirement for their trading members (TMs) / clearing members (CMs). Entry level and continuing net worth criteria for market participants has also been prescribed by SEBI from time to time.
An arrest was made by the officers of CGST & Central Excise, Mumbai Central Commissionerate in an ongoing investigation involving receipt and supply of ineligible Input Tax Credit amounting to Rs. 6.46 Crores.
The Government, on the recommendation of GST Council made during its 45th Meeting, notified certain amendments in CGST Rules, 2017 vide Notification No. 35/2021-Central Tax dated 24.09.2021. Besides, 4 circulars were also issued last week to clarify various issues pertaining to GST. These include clarification on the interpretation of scope of “intermediary services” and “establishment of distinct persons” for considering supply of a service as export of service.
