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IREDA launches ‘Whistle Blower’ portal

November 3, 2021 690 Views 0 comment Print

IREDA launches ‘Whistle Blower’ portal – Through this portal, IREDA employees can raise concerns related to fraud, corruption, abuse of power etc.The portal has been developed by IT Team of the company.

Mineral Conservation and Development (Amendment) Rules, 2021

November 3, 2021 10065 Views 0 comment Print

1) These rules may be called the Mineral Conservation and Development (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

DGFT Amends Appendix 2T & de-notifies Exhibition Cell of GJEPC

November 2, 2021 627 Views 0 comment Print

Under Appendix 2T of FTP, 2015-2020, the address of the Council for Leather Exports (CLE) has been updated and the Exhibition Cell of Gem Jewellery Export Promotion Council (GJEPC) has been de-notified, with immediate effect. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the 2nd November, 2021 Public […]

IGST applies on Supply of goods outside India from Outside India between 01.07.2017 to 31.01.2019

November 2, 2021 2571 Views 0 comment Print

In re SPX Flow Technology India Pvt. Ltd (GST AAAR Gujarat) In view of the foregoing, the Advance Ruling No. GUJ/GAAR/R/102/2020 dated 14.10.2020 is confirmed to the extent it has been appeal against, by holding that the Integrated Goods and Services Tax was payable by the appellant M/s. SPX Flow Technology (India) Pvt. Ltd. from […]

Papad (Fried) of different shapes & sizes classifiable under CTH No. 19059040

November 2, 2021 3252 Views 0 comment Print

In re Barkatbhai Noordinbhai Velani (M/s. Alisha Gruh Udyog) The product ‘fried – different shapes and sizes Papad’ involved in the present case merit classification under Custom Tariff heading (CTH) No. 19059040 of the Customs Tariff Act, 1975 and chargeable to 18% rate of Goods and Services Tax as per Sl. No. 16 of Schedule-III […]

Income Tax Department conducts searches in Bihar & Jharkhand

November 1, 2021 678 Views 0 comment Print

The Income Tax Department carried out search and seizure operation on a prominent road construction contractor in Bihar and Jharkhand. The search action was initiated on 27.10.2021 at various premises located in Bihar, Jharkhand, Maharashtra, and West Bengal. The searches revealed that the group has been suppressing its profits by inflating expenses on purchase of […]

SOP on application filed under SEBI (LODR) Regulations, 2015 w.r.t. Scheme of Arrangements

November 1, 2021 3630 Views 0 comment Print

Standard Operating Procedure (SOP) on application filed under Regulation 37 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 w.r.t. Scheme of Arrangements

HC Grants Bail to Person Accused of Money Laundering/Hawala Business

October 31, 2021 2682 Views 0 comment Print

During investigation, it was found that the petitioner is involved in the acts of cheating and forgery in Netherlands by transferring of money of other persons through Hawala operations and earned commissions in the shape of cash.

EPFO issues instructions to credit interest of 8.5% for year 2020-21

October 30, 2021 1782 Views 0 comment Print

EPFO issues instructions to credit interest of 8.5% for the year 2020-21 into some 25.0 crore accounts of members with EPFO vide Circular No. INV-11/1/2020-INV  Dated: 30.10.2021. Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) Head Office Bhavishya Nidhi Bhawan, 14- Bhikaiji Cama Place, New Delhi – 110066 www.epfindia.gov.in/www.epfindia.nic.in No. INV-11/1/2020-INV  […]

Sales promotion being essential character of bundle of services classifiable under ‘BAS’

October 30, 2021 2109 Views 0 comment Print

CESTAT held that sales promotion and marketing being essential character of the bundle of services have to be classified under ‘Business Auxiliary Service’.  

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