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Applying CAROTAR maintaining consistency with provisions of relevant trade agreement or its Rules of Origin – reg

August 17, 2022 3399 Views 0 comment Print

In the event of a conflict between a provision of Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 and a provision of Rules of Origin, provision of Rules of Origin shall prevail to extent of conflict.

SEBI Guidelines for overseas investment by AIFs / VCFs

August 17, 2022 1974 Views 0 comment Print

AIFs/VCFs shall invest in an overseas investee company, which is incorporated in a country whose securities market regulator is a signatory to the International Organization of Securities Commission’s Multilateral Memorandum of Understanding

RBI releases Discussion Paper on Charges in Payment Systems

August 17, 2022 2502 Views 0 comment Print

Discussion Paper on Charges in Payment Systems covers all aspects relating to charges in payment systems [such as Immediate Payment Service (IMPS), National Electronic Funds Transfer (NEFT) system, Real Time Gross Settlement (RTGS) system and Unified Payments Interface (UPI)] and various payment instruments [such as debit cards, credit cards and Prepaid Payment Instruments (PPIs)], etc.

Guidelines on Issuance of Summons under Section 70 of CGST Act 2017

August 17, 2022 60288 Views 1 comment Print

CBIC Guidelines on Issuance of GST Summons under Section 70 of Central Goods & Services Tax Act, 2017 – Instruction No. 03/2022-23[GST-INV]

Indian Telegraph Right of Way (Amendment) Rules, 2022

August 17, 2022 4290 Views 0 comment Print

Indian Telegraph Right of Way (Amendment) Rules, 2022 – New Rule 10A. Usage of street furniture for installation of small cells and telegraph line, 10B. Establishment of telegraph infrastructure over private property

Guidelines for arrest & bail for offences punishable under CGST Act 2017

August 17, 2022 14124 Views 0 comment Print

CBIC issued Guidelines for arrest and bail for offences punishable under CGST Act, 2017 Instruction No. 02/2022-23 [GST – Investigation]

Central Universities (Amendment) Act, 2022

August 16, 2022 1119 Views 0 comment Print

Establishment of Gati Shakti Vishwavidyalaya in Gujarat. (1) The National Rail and Transportation Institute, Vadodara, Gujarat, declared as a deemed to be University under section 3 of the University Grants Commission Act, 1956, shall be established as a body corporate under this Act by the name Gati Shakti Vishwavidyalaya.

Comments invited for declaring two or more prime constituents of commodity on front side of package with Brand Name/ Logo

August 16, 2022 864 Views 0 comment Print

The common or generic names of the commodity contained in the package and in case of packages with more than one product, the name and number or quantity of each product shall be mentioned on the package

Section 10(23FE) – CBDT notifies ‘INQ Holding LLC’ as sovereign wealth fund

August 16, 2022 1620 Views 0 comment Print

Section 10(23FE) – CBDT notifies ‘INQ Holding LLC’ as sovereign wealth fund vide Notification No. 95/2022-Income Tax | Dated: 16th August, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 95/2022-Income Tax | Dated: 16th August, 2022 S.O. 3828(E).—In exercise of powers conferred by sub-clause (vi) of clause […]

IBBI suspends registration of IP for eliminating voting rights of CoC members for non-contribution to CIRP costs

August 16, 2022 1314 Views 0 comment Print

Most serious contraventions relate to eliminating the voting rights of CoC members for non-contribution to the CIRP costs. This contravention goes against the letter and spirit of the Code.

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