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IBBI directs Insolvency Professional to undergo pre-registration educational course

July 26, 2022 1137 Views 0 comment Print

In view of the submission made by Ms. Padmasri Appana, and materials available on record, DC notes that Ms. Padmasri Appana has contravened, as observed hereinabove, with respect to delay made in public announcement, not taking required steps for taking forward liquidation proceeding and not providing information sought to IA. The DC notes that aforesaid […]

Weekly newsletter from Chairman, CBIC dated 26/07/2022

July 25, 2022 543 Views 0 comment Print

On the anti-evasion front, the week gone by saw a case detected by Commissionerate of Central Goods & Services Tax, Alwar, involving evasion of GST on the basis of misclassification of specified parts of engines as articles of iron and steel.

Duty exemption on Electro-Chemiluminescence Immunoassay kits

July 25, 2022 966 Views 0 comment Print

In relation to the benefit of exemption of duties accorded to Chemiluminescence Immuno Assay (CLIA) kits, the Board is in receipt of representations seeking a clarification on whether Electro chemiluminescence Immuno Assay (ECLIA) kits are covered under the ambit of CLIA diagnostic kits.

SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2022

July 25, 2022 11841 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2022.

SEBI (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2022

July 25, 2022 2790 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2022.

SEBI (Alternative Investment Funds) (Third Amendment) Regulations, 2022

July 25, 2022 2241 Views 0 comment Print

These Regulations may be called the Securities and Exchange Board of India (Alternative Investment Funds) (Third Amendment) Regulations, 2022.

Govt extend concessional AIDC of Nil on Lentils (Mosur) till 31.03.2023

July 23, 2022 936 Views 0 comment Print

Seeks to amend notification No. 49/2021 – Customs, dated 13.10.2021, in order to extend the concessional Agriculture Infrastructure and Development Cess [AIDC] of Nil on Lentils (Mosur) up to and inclusive of the 31st March, 2023 vide Notification No. 44/2022-Customs Dated: the 23rd July, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. […]

Govt appoints Judicial & Technical Members in NCLAT

July 22, 2022 516 Views 0 comment Print

Central Government appoints Judicial and Technical Members in National Company Law Appellate Tribunal (NCLAT) for a period of four year

Advisory on Upcoming Changes in GSTR-3B

July 22, 2022 10410 Views 0 comment Print

1. The Government vide Notification No. 14/2022 – Central Tax dated 05th July, 2022 has notified few changes in Table 4 of Form GSTR-3B requiring taxpayers to report information on ITC correctly availed, reversal thereof and declaring ineligible ITC in Table 4 of GSTR-3B. The detailed Notification can be viewed by clicking here 2. The […]

IBBI directs IP to undergo pre-registration educational course

July 22, 2022 975 Views 0 comment Print

DC finds the Mr. Murali was negligent in the performing his duties under the Code and Regulations made thereunder by repeatedly non-filing the statutory forms within stipulated timelines and non-exercising due care in the appointment of registered valuers to conduct the valuation under the Code. It is pertinent to mention that an Insolvency Professional has […]

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