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Notifications/Circulars

Carry out due verification before initiating Section 148/147 proceedings: CBDT

August 22, 2022 15459 Views 0 comment Print

Consequent to order passed by Allahabad High Court passing severe strictures and proposing to levy exemplary cost of Rs 50 lakhs in a writ challenging reopening of assessment on wrong facts,  CBDT today ( 22nd August, 2022 ) has issued instructions to all its officers that for initiating proceedings under Section 148/147 of the Act, […]

Participation as Financial Information Providers in Account Aggregator framework

August 19, 2022 1137 Views 0 comment Print

Securities and Exchange Board of India  Circular No. SEBI/HO/MRD/DCAP/P/CIR/2022/110 | Dated:  August 19, 2022 All Depositories All Asset Management Companies Dear Sir/Madam, Sub: Participation as Financial Information Providers in Account Aggregator framework 1. An Account Aggregator (AA), is a Reserve Bank of India (RBI) regulated Non-Banking Finance Company (NBFC) that facilitates retrieval or collection of financial […]

Online account opening & closure for NSC (VIII Issue) & Kisan Vikas Patra

August 18, 2022 3657 Views 0 comment Print

Online account opening & closure through DOP Internet Banking for National Savings Certificates (VIII Issue) & Kisan Vikas Patra

Qualified Suppliers’ for supply of bullion on India International Bullion Exchange

August 18, 2022 2097 Views 0 comment Print

QS-LPTM shall comply with the ‘fit and proper criteria’ specified under regulation 52(2) of the International Financial Services Centres Authority (Bullion Exchange) Regulations, 2020, at all times.

IP shall not engage or appoint any of his relatives or related parties: IBBI

August 18, 2022 2079 Views 0 comment Print

Clause 23B of the Code of Conduct provides that an IP shall not engage or appoint any of his relatives or related parties, for or in connection with any work relating to any of his assignment.

Customs duty on Display Assembly of a cellular mobile phone

August 18, 2022 3306 Views 0 comment Print

Circular No. 14/2022-Customs CBIC-190354/190/2022-TRU Section-CBEC Government of India Ministry of Finance Department of Revenue Tax Research Unit *** North Block, New Delhi Dated, 18th August, 2022 To All Principal Chief Commissioner/Chief Commissioner of Customs/Customs (Preventive). All Principal Chief Commissioner/Chief Commissioner of Customs & Central Tax All Principal Commissioner/ Commissioner of Customs/Customs (Preventive). All Principal Commissioner/Commissioner […]

Customs Exchange rate for Import & Export wef 19th August, 2022

August 18, 2022 3219 Views 0 comment Print

Exchange rate Notification No. 70/2022-Cus (NT) dated 18.08.2022  notifying exchange rate with effect from 19th August, 2022 against Indian Rupees for Import and Export. Government Of India Ministry Of Finance Department Of Revenue Central Board Of Indirect Taxes And Customs New Delhi ***** Notification No. 70/2022 – Customs (N.T.) | Dated: 18th August, 2022 In exercise […]

CBDT amends rule 128 & relaxes conditions for filing of form no. 67

August 18, 2022 22947 Views 0 comment Print

CBDT amends rule 128 and relaxes conditions for filing of form no. 67 for claiming Foreign Tax Credit vide Notification No. 100/2022-Income Tax

Provisional ADD on UDCA import from China and Korea

August 18, 2022 1779 Views 0 comment Print

CBIC imposes Provisional anti-dumping duty (ADD) on UDCA import from China and Korea vide Notification No. 25/2022-Customs (ADD) | Dated: 18th August, 2022. The provisional anti-dumping duty imposed under this notification shall be effective for a period of six months, unless revoked, amended or superseded earlier, from the date of publication of this notification in the […]

Special Additional Excise Duty rate on Petroleum Crude production & Aviation Turbine export

August 18, 2022 609 Views 0 comment Print

CBIC amends Notification No. 18/2022-Central Excise, dated 19th July, 2022 to decrease the Special Additional Excise Duty on production of Petroleum Crude to Rs. 13,000 per tonne  and increase Special Additional Excise Duty export of Aviation Turbine Fuel to Rs. 2 per litre vide Notification  No. 24/2022-Central Excise | Dated: 18th August, 2022 MINISTRY OF […]

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