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SEBI signs IOSCO’s Enhanced Multilateral MoU (EMMoU)

December 23, 2021 660 Views 0 comment Print

SEBI has signed the Enhanced Multilateral Memorandum of Understanding (EMMoU) of the International Organization of Securities Commissions (IOSCO) on December 22, 2021. Shri. Ajay Tyagi, Chairman signed the EMMoU on behalf of SEBI. With the signing, SEBI joins a select group of securities regulators which are signatories to EMMoU.

CBIC Notifies Rate of Exchange of Turkish Lira wef 23.12.2021

December 22, 2021 759 Views 0 comment Print

CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 23rd December, 2021 vide Notification No. 102/2021-Customs (N.T.) | Dated: 22nd December, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 102/2021 – Customs (N.T.) New Delhi, dated the 22th […]

Refrigerating Appliances (Quality Control) Amendment Order, 2021

December 22, 2021 3267 Views 0 comment Print

(1) This order may be called the Refrigerating Appliances (Quality Control) Amendment Order, 2021. (2) It shall come into force on the date of its publication in the Official Gazette.

eForm 23D Information by cost auditor to Central Government

December 22, 2021 819 Views 0 comment Print

FILLING OF EFORM – 23D- Information by cost auditor to Central Government Refer the relevant provisions of the Companies Act, 1956, and rules made there under and General Circular No. 15/2011 [File No. 52/5/CAB-2011] dated 11.04.2011 with respect to the matter dealt in this eForm. S. No. Detailed Instructions for filing of eForm 23D Please […]

Dried and Polished Turmeric are not exempted from GST

December 22, 2021 9117 Views 0 comment Print

Whether the Turmeric (Turmeric in Whole form – not in powder form) is covered under the definition of ‘Agriculture Produce’ and exempted from GST? If not, what is the HSN code of Turmeric and the rate of GST on the Turmeric?

Supply of vouchers by Appellant is a supply of goods: AAAR

December 22, 2021 4377 Views 0 comment Print

In re Premier Sales Promotion Pvt Ltd (GST AAAR Karnataka) The Appellant has contended that the vouchers are akin to lottery tickets and the Supreme Court in the case of Sunrise Associates has held that lottery tickets are actionable claims. They have also argued that the reliance placed by the lower Authority on the Apex […]

Section 54F exemption eligible despite dispute or delay in getting flat

December 22, 2021 7362 Views 0 comment Print

When the taxing authorities intend to tax the whole sale consideration as taxable consideration which includes the portion of the cost of flat then the assessee has deemed to have paid for the flat as purchase consideration.

Favorable Order on refund of ST amount paid on Ocean freight

December 22, 2021 1599 Views 0 comment Print

CESTAT Delhi grants refund to Amzole India Pvt. Ltd. on service tax. Advocate Anand Bhattacharya highlights key ruling. Legal insights on service tax dispute.

SEBI restores validity period of observation letter issued by SEBI to 6 months to launch NFOs

December 22, 2021 879 Views 0 comment Print

Based on consultation with stakeholders, it has been decided to restore the validity period of observation letter issued by SEBI to six months to launch NFOs as specified in SEBI circular SEBI/IMD/CIR No.5/126096/08 dated May 23, 2008.

Scheme for setting up of Compound Semiconductors / Silicon Photonics facilities in India

December 22, 2021 2028 Views 0 comment Print

Scheme for setting up of Compound Semiconductors / Silicon Photonics / Sensors Fab and Semiconductor Assembly, Testing, Marking and Packaging (ATMP) /OSAT facilities in India

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