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Notifications/Circulars

Input Tax Credit Clarification for Demo Vehicles – GST Circular

September 11, 2024 4146 Views 0 comment Print

GST Circular 231/25/2024 clarifies input tax credit availability on demo vehicles used by authorized dealers, defining conditions under CGST Act.

GST on advertising services provided to foreign clients

September 11, 2024 4692 Views 0 comment Print

Government clarifies GST implications on advertising services provided by Indian agencies to foreign clients. Understand place of supply and intermediary roles.

RBI Fines Axis and HDFC Banks for Regulatory Violations

September 10, 2024 345 Views 0 comment Print

RBI fines Axis Bank ₹1.91 crore and HDFC Bank ₹1 crore for regulatory violations related to deposits, KYC norms, and customer service. Full details inside.

SOP for Scanning Selected Containers at JNCH Issued

September 10, 2024 594 Views 0 comment Print

JNCH issues SOP to prevent pilferage of containers. CFS, ports, and customs staff must follow guidelines on container scanning and reporting. Full details inside.

Failure to transfer securities to a dematerialized form: MCA imposes Penalty

September 10, 2024 1455 Views 1 comment Print

Read the adjudication order against KROSS Limited for non-compliance with the Companies Act, imposing penalties on the company and its officers.

Failure to Disclose Related Party Transactions in Financial Statements: MCA Penalises Auditor

September 10, 2024 909 Views 0 comment Print

Adjudication order against CA Niranjan Behera for non-compliance with Section 143 of the Companies Act, 2013, related to audit failures for FY 2014-15 & FY 2015-16.

Aadhaar Authentication Allowed for INDmoney Under PMLA

September 10, 2024 324 Views 0 comment Print

The Ministry of Finance permits INDmoney Pvt. Ltd. to use Aadhaar authentication for compliance with privacy and security standards under the PMLA and Aadhaar Act.

Amendment to PMLA Court Notification for Uttarakhand

September 10, 2024 273 Views 0 comment Print

Ministry of Finance amends PMLA court notification, adding 1st Additional District and Sessions Judge, Dehradun, under Section 43 of the PMLA for Uttarakhand.

National Bank for Financing Infrastructure Declared PFI

September 10, 2024 510 Views 0 comment Print

Ministry of Corporate Affairs declares the National Bank for Financing Infrastructure and Development as a public financial institution under the Companies Act.

CVD on imports of Welded Stainless Steel Pipes from China, Vietnam

September 10, 2024 783 Views 0 comment Print

India imposes countervailing duty on imported welded stainless steel pipes and tubes from China and Vietnam, effective for five years to protect the domestic industry.

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