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Guidelines

Guidelines on Standard Professional Indemnity Policy For Insurance Brokers/ Corporate Agent/ Web Aggregators/ IMF

May 24, 2021 3183 Views 0 comment Print

The insurance intermediaries engaged in solicitation and distribution of insurance products, viz., Insurance Brokers, Corporate Agents, Insurance Web Aggregators, Insurance Marketing Firms are required to take Professional Indemnity Insurance Policies in order to get themselves indemnified from the claims lodged against them, arising out of the contingencies mentioned in the regulations governing them.

CDSCO Advisory On Use of Oxygen Concentrators in home setting

May 16, 2021 711 Views 0 comment Print

Oxygen concentrator is an electrically powered medical device designed to concentrate oxygen from ambient air. These devices deliver oxygen at the bedside, typically through an attached nasal cannula (or prongs), to a patient requiring oxygen therapy. The intended use or clinical purpose of oxygen concentrators is the delivery of low-flow, continuous, clean and concentrated oxygen, preferably with concentration of 90% or more, from room air (which usually contains only 21% oxygen).

Can Investment Adviser continue to collect performance-based fee?

May 11, 2021 1974 Views 0 comment Print

Can Investment Adviser (IA) continue to collect performance-based fee whenever the same is due in terms of the agreement executed with Client, even if such fee is due on a date after March 31, 2021? lAs are not permitted to collect any fee other than the fee as specified in the aforesaid Circular. Further, lAs […]

Guidelines on Standard Domestic Travel Insurance Product

May 5, 2021 870 Views 0 comment Print

Indian travel market is one of the biggest markets in the world. As per reports, around 36% of Indian households undertake trips for one purpose or other both within and outside the country. It is desired that all travels undertaken should be safe.

GST: Personal Hearing proceedings’ functionality released

April 26, 2021 20934 Views 0 comment Print

Adjudication is one of the modules encompassed in the comprehensive Dispute Settlement and Resolution(DSR) module. The functionality for the personal hearing proceedings of Adjudication module is now available for use by the departmental officers.

Paytm Money cannot charge fees from AMC whose direct plan they are selling

April 9, 2021 888 Views 0 comment Print

Currently Paytm Money Limited (PML) does not charge advisory or execution fees, and intends to avail of reimbursement of the service related out-of-pocket expenses such as KYC, PG, technology hosting. platform maintenance etc. form Asset Management Companies (AMC) whose direct plans they are selling, as PML is bearing the cost that the AMC would through […]

GST: Release of modules: Issuance of SCN based on Order-in-Review & Call Book

April 6, 2021 5886 Views 0 comment Print

Advisory No.03/2021 dated 06.04.2021 issued by DGS, Bengaluru on functionalities ‘Issuance of show cause notice for erroneous refunds on the basis of Review Order(Order-in-Review)’ and ‘Call Book : Transfer of DRC-01/SCN in to and out of Call Book’ is released.   CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS OFFICE OF THE ADDITIONAL DIRECTOR GENERAL OF […]

Advisory on tracking of Legacy Arrears using Form GST DRC-07A & Form GST DRC-08A

March 3, 2021 21255 Views 2 comments Print

Either Inspector or Superintendent has the credentials to create FORM DRC-07A ((Menu>DISPUTE SETTLEMENT AND RESOLUTION>ARREARS>Issue DRC­07A>Create New DRC-07A). After creating the form, the officer selects the GSTIN and enters the details of demand order:

View e-Way Bill Blocking/Un-Blocking History

March 2, 2021 9669 Views 1 comment Print

A feature to view the e-Way bill blocking/un-blocking history of a tax payer is developed and is being rolled out. The feature is enabled at Pan India Level. It has the following interfaces to search the e-Way bill history of a tax payer.

Guidelines for determination of tax by proper officer under Section 73 and 74 of KGST/CGST Act, 2017

February 22, 2021 2850 Views 0 comment Print

State Goods and Services Tax Department, Kerala FILE No. CT/1444/2021-C9 Office of the Commissioner of State Tax State Goods and Services Tax Department Tax Towers, Karamana, Thiruvananthapuram Dated: 22/02/2021 Guidelines Sub: Determination of tax under Section 73 and 74 of the KSGST/CGST Act, 2017 –guidelines issued–reg. There may arise some instances where the tax under […]

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