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Notifications/Circulars

Disclosures by Insolvency Professionals and other Professionals appointed by Insolvency Professionals conducting Resolution Processes

January 16, 2018 2790 Views 0 comment Print

It has been decided that an insolvency professional and every other professional appointed by the insolvency professional for a resolution process shall make disclosures as specified in Para 3 to 5 hereunder.

Fees payable to an insolvency professional and to other professionals appointed by an insolvency professional

January 16, 2018 5103 Views 0 comment Print

Insolvency professional shall render services for a fee which is a reasonable reflection of his work, raise bills / invoices in his name towards such fees, and such fees shall be paid to his bank account. Any payment of fees for the services of an insolvency professional to any person other than the insolvency professional shall not form part of the insolvency resolution process cost.

MCA appoints Amardeep Singh Bhatia as Director in SFIO on lateral shift basis

January 16, 2018 2238 Views 0 comment Print

Central Government hereby appoints Shri Amardeep Singh Bhatia, IAS (NL : 93) as Director in the Serious Fraud Investigation Office, on lateral shift basis, with effect from the 08th January, 2018

CBDT on Decentralization of handling of cases under IBC 2016

January 16, 2018 5733 Views 0 comment Print

The undersigned is directed to say that by virtue of implementation of Insolvency & Bankruptcy Code (IBC) 2016 after the repeal of erstwhile Sick Industrial Companies Act (SICA). The necessity to decentralize handling of cases at the level of field formations has been felt as 11 National Company Law Tribunal (NCLT) benches having territorial jurisdiction across the country and the National Company Law Appellate Tribunal (NCLAT) at Delhi with pan India jurisdiction have been created under IBC

Classification of Telecommunication Antenna used at Base Transceiver Station/ NodeB/eNodeB

January 15, 2018 3633 Views 0 comment Print

Board has received references regarding the classification of Telecommunication Antenna which are used at Base Transceiver Station/NodeB/eNodeB in wireless or cellular networks.

JNCH discontinues practice of taking NOC from AC/DC for delayed bill of entry presentation

January 15, 2018 915 Views 0 comment Print

It has been decided to discontinue the practice of taking NOC from AC/DC, Appraising Main (Import) in case of presentation of bill of entry for more than 20 days.

Tariff Notification No. 05/2018-Customs (N.T.) Dated 15th January, 2018

January 15, 2018 2643 Views 0 comment Print

Notification No. 05/2018-CUSTOMS (N.T.) Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Share User Experience on GST- ACES: CBEC Chairman

January 13, 2018 876 Views 0 comment Print

Member (IT) had issued a letter dated 19th December 2017 on User Experience on GST- ACES and I had referred to the same in my weekly correspondence with you on 22nd December 2017. Your feedback on the user experience is very valuable.

Maharashtra VAT Audit due dated extended to 15th February 2018 (Read Circular)

January 12, 2018 42279 Views 0 comment Print

Date for filing VAT Audit Report (e-704) in Maharashtra for F.Y. 2016-17 is extended up to 15th February 2018 vide Trade Circular No. 02T of 2018 dated 12.01.2018.

Guidelines For Appointment of Trustees Under PFRDA (National Pension System Trust) Regulations, 2015

January 12, 2018 789 Views 0 comment Print

Guidelines For Appointment of Trustees Under PFRDA (National Pension System Trust) Regulations, 2015 issued to clarify Regulation 5, 7, and 10, pertaining to appointment and tenure of trustees and shall be in force and effect, until modified or superseded by any other guidelines issued by the Authority.

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