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Notifications/Circulars

Overseas foreign currency borrowings of Authorised Dealer Category-I banks

July 7, 2022 1056 Views 0 comment Print

Such lending shall be subject to the end-use prescriptions as applicable to External Commercial Borrowings (ECBs) in terms of paragraph 2.1(viii) of the Master Direction – External Commercial Borrowings, Trade Credits and Structured Obligations dated March 26, 2019, as amended from time to time.

Investment by Foreign Portfolio Investors (FPI) in Debt – Relaxations

July 7, 2022 2853 Views 0 comment Print

It has been decided that investments by FPIs in government securities and corporate bonds made between July 08, 2022 and October 31, 2022 (both dates included) shall be exempted from the limit on short-term investments till maturity or sale of such investments.

‘Fully Accessible Route’ for Investment by Non-residents in Government Securities – Additional specified securities

July 7, 2022 1113 Views 0 comment Print

RBI designate two more securities as well as all new issuances of Government securities of 7-year and 14-year tenors as ‘specified securities’ under the FAR.

Annual GST return filing exemption for financial year 2021-22

July 7, 2022 5955 Views 0 comment Print

Notification issued by Commissioner of State Tax – Exempts the registered person whose aggregate turnover in the financial year 2021-22 is upto two crore rupees, from filing annual return for the said financial year Office of the Commissioner of Commercial Taxes, Ezhilagam, Chepauk, Chennai -600 005 Notification issued by Commissioner of State Tax, under T.N.G.S.T […]

CORRIGENDUM to Notification No. 08/2022-Central Excise

July 7, 2022 2199 Views 0 comment Print

CBIC issues CORRIGENDUM to Notification No. 08/2022-Central Excise dated  30th June, 2022  MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 7th July, 2022 G.S.R. 523(E).—In the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 08/2022-Central Excise, dated the 30th June, 2022, published in the Gazette of India, 4603 […]

RBI includes Unity Small Finance Bank Limited in Scheduled bank list

July 6, 2022 1251 Views 0 comment Print

It is advised that Unity Small Finance Bank Limited has been included in Second Schedule to Reserve Bank of India Act, 1934

SEBI directs QRTAs to report Cyber-attacks, threats, cyber-incidents

July 6, 2022 1383 Views 0 comment Print

All Cyber-attacks, threats, cyber-incidents and breaches experienced by QRTAs shall be reported to SEBI within 6 hours of noticing / detecting such incidents or being brought to notice about such incidents.

CBIC Withdraws Circular No. 106/25/2019-GST dated 29.06.2019

July 6, 2022 13131 Views 0 comment Print

Central Goods and Services Tax Act, 2017, hereby withdraws, ab-initio, Circular No 106/25/2019-GST dated 29th June, 2019.

Manner of filing refund of unutilized ITC on account of export of electricity

July 6, 2022 4617 Views 0 comment Print

Problem being faced by power generating units in filing of refund of unutilised Input Tax Credit (ITC) on account of export of electricity.

Re-credit in electronic credit ledger using FORM GST PMT-03A

July 6, 2022 27216 Views 0 comment Print

GSTN has recently developed a new functionality of FORM GST PMT-03A which allows proper officer to re-credit the amount in the electronic credit ledger of the taxpayer.

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