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Notifications/Circulars

MCA penalises NHAI subsidiary for not appointing woman director in the company

November 17, 2022 1929 Views 0 comment Print

Company has not complied with provision of appointment of women director so MCA imposes Penalty of Rs. 211000 which includes initial Penalty of Rs. 50000 and Rs. 1,61,000 for continuing default.

Guidelines for Business Continuity Plan & Disaster Recovery for Market Infrastructure institutions

November 16, 2022 1845 Views 0 comment Print

As part of the operational risk management, these MIIs are required to set up Disaster Recovery (DR) site to provide essential facilities and perform systemically critical functions relating to trading, clearing and settlement in securities market during any unforeseen circumstances.

SAED on Diesel reduced to Rs. 9 per litre

November 16, 2022 1215 Views 0 comment Print

Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022 , to reduce the Special Additional Excise Duty on Diesel to Rs. 9 per litre vide Notification No. 39/2022-Central Excise Dated: 16th November, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi, Notification No. 39/2022-Central Excise Dated: 16th November, 2022 G.S.R. ….(E). […]

SAED on production of Petroleum Crude increased to Rs. 10,200 per tonne

November 16, 2022 1230 Views 0 comment Print

Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty (SAED) on production of Petroleum Crude to Rs. 10,200 per tonne vide Notification No. 38/2022-Central Excise Dated: 16th November, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi, Notification No. 38/2022-Central Excise Dated: 16th […]

Company not located at registered office premises – MCA imposes penalty

November 16, 2022 2592 Views 0 comment Print

Whereas this office received a communication from Reserve Bank of India vide letter No. DOS.RSS(BLR).No. S91/24.08.028/2022-23 dated 22.04.2022 stating that the letters sent to the subject company to the addressed mentioned in the MCA database were returned undelivered and also that a physical inspection was also made to the premises of the company and it was found that the company was not located at the registered office premises.

5 Lakh penalty imposed for not printing Company CIN on company’s business letters etc.

November 16, 2022 1335 Views 0 comment Print

The company in its application has submitted that the CIN was not printed in the company’s business letters, bill heads etc. upto 2021. Hence the company has violated the provisions of Section 12(3)(c) of Companies Act, 2013.

Govt notifies quantity of Sugar to be exported to EU & raw cane sugar to USA

November 16, 2022 1464 Views 0 comment Print

The quantity of 5841 MT (raw/refined) Sugar to be exported to EU and quantity of 8606 MTRV raw cane sugar to be exported to USA under TRQ scheme from 01.10.2022 to 30.09.2023 has been notified. Government of India Ministry of Commerce & Industry Department of Commerce Vanijya Bhawan, New Delhi Public Notice No. 36/2015-2020-DGFT – […]

CBDT notifies Public Investment Fund as sovereign wealth fund U/s. 10(23FE)

November 16, 2022 1878 Views 0 comment Print

CBDT notifies sovereign wealth fund, namely, Public Investment Fund  vide Notification No. 125/2022-Income Tax | Dated: 16th November, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 125/2022-Income Tax | Dated: 16th November, 2022 S.O. 5345(E).—In exercise of powers conferred by sub-clause (vi) of clause (b) of Explanation 1 […]

MCA penalises director for certifying & filing incorrect e-form AOC-4

November 16, 2022 13497 Views 4 comments Print

MCA impose penalty on director under section 450 of Companies Act, 2013 for certify and filing incorrect e-form AOC-4 pursuant to Rule 8(3) of Companies (Registration Offices and Fees) Rules, 2014

Tariff Notification No. 96/2022-Customs (N.T.) Dated: 15th November, 2022

November 15, 2022 1362 Views 0 comment Print

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Notification No. 96/2022-Customs (N.T.) Dated: 15th November, 2022

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