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TRQ & procedure for imports under India-Mauritius CECPA notified

September 7, 2021 1323 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 1011 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 13137 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 5301 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 3219 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 1515 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 6141 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 […]

Procedure for import of 250K MT of Urad & 100K MT of tur from Myanmar under MoU

September 6, 2021 720 Views 0 comment Print

2,50,000 MT of Urad and 1,00,000 MT of tur to be imported from Myanmar, during the fiscal year 2021-22 is allowed for import, subject to the following conditions: a. Import will be allowed only through the following 5 ports: (i) Mumbai, (ii) Tuticorin, (iii) Chennai, (iv) Kolkata and (v) Hazira.

Procedure for import of 50k MT of pigeon peas from Malawi under MoU

September 6, 2021 1374 Views 0 comment Print

50,000 MT of tur (pigeon peas) to be imported from Malawi, during the fiscal year 2021-22 is allowed for import, subject to the following conditions: a. Import will be allowed only through the following 5 ports: (i) Mumbai, (ii) Tuticorin, (iii) Chennai, (iv) Kolkata and (v) Hazira

GST on PMC services to RUDSICO under Towns Development Sector Project

September 6, 2021 1623 Views 0 comment Print

In re Consulting Engineers Group Limited (GST AAR Rajasthan) Q. Whether the ‘Project Management Consultancy’ services provided to Rajasthan Urban Drinking Water Sewerage and Infrastructure Corporation (RUDSICO) under Rajasthan Secondary Towns Development Sector Project, where Invoice is raised by the Applicant to the Leading Member, who further raise invoice to RUDSICO of complete amount, can […]

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