In order to contain the spread of Novel Coronavirus (COVID-19), some precautionary measures are required to be taken by all the employees and the Ministries/Departments. In this regard, it has been decided to issue the following advisory for the well-being of Government employees and in public interest.
Exchange Rates Notification No. 27/2020-Custom (NT) dated 13.03.2020 Notifying Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 20th March, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 27/2020 – Customs (N.T.) New Delhi, dated the 19th March, 2020 29 Phalguna 1941 (SAKA) In […]
IRDAI had issued the Corporate Governance Guidelines for Insurance Companies in India in the year 2016. The participation of the Authority in peer review process of IAIS on ICPs more particularly on ICP 5 – Suitability of Person, ICP 7 – Corporate Governance and ICP 8 – Risk Management and Internal Controls indicated that there is need to further strengthen the Guidelines.
. It may kindly be noted that annual quota of Urad for the year 2020-21 is 4 Lakh MT and will be effective from 1st May, 2020 to 31st March 2021. Accordingly, successful applicants will have to ensure that the import consignments of Urad reaches the Indian ports on or before 31.03.2021. Request for extension of time will not be entertained.
Annual quota of Urad for the year 2020-21 is 4 Lakh MT and will be effective from 1st May, 2020 to 31st March, 2021. Copy of the said Notifications is attached herewith for ready reference.
As you are aware, several cases of monetization of credit fraudulently obtained or ineligible credit through refund of Integrated Goods & Service Tax (IGST) on exports of goods have been detected in past few months. On verification, several such exporters were found to be non-existent in a number of cases. In all these cases it has been found that the Input Tax Credit (ITC) was taken by the exporters on the basis of fake invoices and IGST on exports was paid using such ITC.
Office of Commissioner of Profession Tax. Maharashtra State. 8th Floor. GST Bhavan, Mazgaon, Mumbai – 400010. TRADE CIRCULAR No: ACST/VAT-3/PT/Late-fee-waiver/_/2020/B-196, Mumbai. Dt: 19/03/2020 Trade Circular No. 04T of 2020 Sub: Exemption from payment of Late Fees u/s 6(3) of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act 1975 Ref: I. Notification No. No […]
DGIT(S)-ADG(S)-3/e-Filing Notification/FoR1/VSVS/2020/ Government of India Ministry of Finance Central Board of Direct Tax Directorate of Income Tax (Systems), New Delhi Notification No. 12 of 2020 New Delhi, the 19th March, 2020 Subject- Procedure for making declaration in Form-1 under sub-rule (1) of Rule 3 and furnishing undertaking in Form-2 under sub-rule (2) of Rule 3 under […]
Companies (Meetings of Board and its Powers) Amendment Rules, 2020- Reg: Board meetings under the Companies Act, 2013: Considering the need to take precautionary steps to overcome the outbreak of the coronavirus (Covid-19), the Government has in-principle decided to relax the requirement of holding Board meetings with physical presence of directors under section 173 (2) […]
Notification of ‘designated authority under ‘the Direct Tax Vivad Se Vishwas Act, 2020’- Which provides to the ‘declarant’ a mechanism to resolve disputes under the Income-tax Act, 1961