CBIC issued Notification No. 38/2320-Custom (N.T.) on 31st May, 2023 which amends notification No. 36/2001-Customs (N.T.), dated 3rd August, 2001. The amended tables include revised tariff values for various goods such as Crude Palm Oil, RBD Palm Oil, Crude Palmolein, Brass Scrap, Gold, Silver, and Areca nuts. The notification will be effective from 1st June, […]
CBDT revises monetary limits for condonation applications for claiming refund or carry forward of losses and set-off for application filed on or after June 01, 2023 vide Circular No. 07/2023 on 31st May 2023.
F. No.450/26/2019-Cus. IV(Pt) Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Customs) Room No.227B, North Block, New Delhi ***** Circular No.13/2023-Customs, Dated: 31st of May, 2023 To, All Principal Chief Commissioners/ Chief Commissioners of Customs/ Customs (Preventive) / Customs and Central Tax All Principal Commissioners/ Commissioners of Customs/ […]
International Financial Services Centres Authority (Authority) hereby specifies the reporting norms for Fund Management Entities (FMEs) in IFSCs
LODR Regulations take precedence over suggestions by the Institute of Company Secretaries of India (ICSI) and other authorities regarding related party transactions (RPTs).
SEBI) has issued an interpretative letter in response to a request for informal guidance from Nectar Lifesciences Limited. The letter addresses the applicability of Business Responsibility and Sustainability Reporting (BRSR) under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. SEBI clarifies that till the financial year 2021-2022 the top 1000 listed entities on the […]
IBBI disposed the appeal filed by Yardi Prabhu Consultants & Valuers Pvt. Ltd. against suspension order issued on April 6, 2022. The appeal was made in response to a show cause notice regarding alleged contraventions of the Valuation Rules. The suspension was based on the alleged lack of eligibility of a director, as he faced […]
DGFT introduced online facility for exporters to request appointments for virtual meetings or personal hearings. This initiative aims to provide proactive support and assistance to exporters and enhance trade facilitation. Exporters can apply for the virtual meeting facility through the DGFT website, and the concerned officers at DGFT Regional Authorities will provide suitable timings and […]
The company did not circulate annual audited financial statements to the members, directors and statutory auditors of the company before the annual general meeting of the company held on 27th June 2022, it is contravening the provision of section 136 of the Companies Act. 2013. So, MCA penalised Draeger India Private Limited for failing to circulate […]
Ministry of Corporate Affairs issued an order for penalties under Section 454 of the Companies Act, 2013, against Draeger India Private Limited. The company has been found in violation of Section 134(2), 134(3), and 134(7) of the Companies Act, 2013, for non-compliance during their annual general meeting held on June 27, 2022. The appointed Adjudicating […]
