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Anti-Dumping investigation -Imports of Certain Flat Rolled Products of Aluminium

September 7, 2021 4239 Views 1 comment Print

Case No. (AD-OI -22/2020) Anti-Dumping investigation concerning imports of Certain Flat Rolled Products of Aluminium originating in or exported from China PR-reg.

SEBI Notifications on Portfolio Managers Certification Examination

September 7, 2021 4314 Views 0 comment Print

The associated persons functioning as principal officer of a Portfolio Manager or employee(s) of the Portfolio Manager having decision making authority related to fund management, shall obtain certification from the National Institute of Securities Markets by passing the NISM-Series-XXI-B: Portfolio Managers Certification Examination as mentioned in the communiqué No. NISM/ Certification/Series-XXI-B:

Tokenisation of Card Transactions – Enhancements

September 7, 2021 1818 Views 0 comment Print

The Reserve Bank of India (RBI) has today announced the following enhancements to the extant framework on card tokenisation services: a. the device-based tokenisation framework advised vide circulars of January 2019 and August 2021 has been extended to Card-on-File Tokenisation (CoFT) services as well, and

TRQ & procedure for imports under India-Mauritius CECPA notified

September 7, 2021 1008 Views 0 comment Print

TRQ for items as in Table 4 of Notification No. 25/2021-Customs dated the 31st March, 2021 on India-Mauritius CECPA and procedure for such imports is notified. Public Notice No. 23/2015-2020 |Dated the 7th September, 2021 Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Public Notice No. 23/2015-2020-DGFT Dated […]

SVLDRS: Word ‘quantified’ includes duty liability admitted (in writing) by a person (during an enquiry or investigation)

September 7, 2021 843 Views 0 comment Print

Magma Industries Limited Vs Designated Committee Office of Commissioner CGST & 2 Ors. (Allahabad High Court) Clearly, a person against whom an enquiry, investigation or audit may be pending and whose ‘tax dues’ may not have been ‘quantified’, would remain ineligible to make a declaration on form SVLDRS-1. According to the revenue, for the purposes […]

SEBI (Listing Obligations And Disclosure Requirements) (Fifth Amendment) Regulations, 2021

September 7, 2021 12438 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette i.e. 8th September 2021.

Latest Case Law Related to IBC – April 2021- June, 2021

September 6, 2021 5016 Views 0 comment Print

Supreme Court Ghanashyam Mishra and Sons Private Limited Vs. Edelweiss Asset Reconstruction Company Limited & Ors. [CA No. 8129/2019] The Supreme Court (SC) held that the 2019 amendment to section 31 of the Code is clarificatory and declaratory in nature and is, therefore, effective from the date on which the Code came into effect. Even […]

Employee Cannot Insist on Transfer to A Particular Place: SC

September 6, 2021 2859 Views 0 comment Print

Namrata Verma Vs State of Uttar Pradesh & Ors (Supreme Court) Heard Mr. Parvez Bashista, learned counsel appearing for the petitioner and Mr. Sanjay Kumar Tyagi, learned counsel appearing for the respondent-State of U.P. It is not for the employee to insist to transfer him/her and/or not to transfer him/her at a particular place. It […]

Draft Food Safety and Standards (Labelling and Display) Amendment Regulations, 2021

September 6, 2021 1356 Views 0 comment Print

1. These regulations may be called the Food Safety and Standards (Labelling and Display) Amendment Regulations, 2021. In the Food Safety and Standards (Labelling and Display) Regulations, 2020 (herein after refer as said regulations), –

GST on payment of settlement fees against demand

September 6, 2021 5763 Views 0 comment Print

In re GSPC (JPDA) LTD. (GST AAR Gujarat) Issue: Whether payment of settlement fees against demand made by Autoridade Nacional do Petroleo E Minerais (ANP) vide letter dated 15.07.2015 attract levy of GST under GST regulations. Ans. GSPC (J) is liable to pay IGST, vide Reverse Charge Mechanism, on Import of Subject supply of Service […]

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