Section 208(2)(a) of the Code mandates the IP to take reasonable care and diligence while performing his duties, including incurring expenses. He must, therefore, ensure that not only fee payable to him is reasonable, but also other expenses incurred by him are reasonable. The DC notes that during the personal hearing held on 28.04.2023, Mr. […]
CBIC impose countervailing duty on imports of Saturated Fatty Alcohols of Carbon Chain length C10 to C18 and their blends originating in or exported from Indonesia Malaysia and Thailand for a period of 5 Years vide Notification No. 01/2023-Customs (CVD) Dated: 4th May, 2023. MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 01/2023-Customs (CVD) | Dated: 4th May, […]
Reserve Bank of India, hereby permits the said Reporting Entities to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money Laundering Act
Draft Insurance Regulatory and Development Authority of India (Insurance Advertisements and Disclosure) (Amendment) Regulations, 2023
An issuer shall disclose the denotation in the Centralized Database for corporate bonds/ debentures by filling the denotation i.e. GB-T in sub point 6 i.e. Others (Please specify) of point 10. i.e. Type of Instrument of Annex-XIV-A to Chapter XIV (Centralized Database for corporate bonds/ debentures) of the Operational Circular dated August 10, 2021 (and as amended from time to time).
Amended instructions of Section 64 of the MD on KYC are provided in annexure for reference. Further, definitions of relevant terms used in amended Wire Transfer instructions are being added in Section 2 (Definitions) of MD on KYC.
Menace of fake registrations and issuance of bogus invoices for passing of fake ITC has become a serious problem, wherein fraudulent people engage in dubious and complex transactions, causing revenue loss to the government.
Indian Reporting Financial Institutions (RFIs) should ensure that the U.S. TIN is reported in respect of all U.S. Reportable accounts.
CBIC notifies Customs Exchange rate for Import & Export with effect from 5th May, 2023 vide Exchange rate vide Notification No. 33/2023 – Customs (N.T.) Dated : 04th May, 2023. . GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS NEW DELHI ***** Notification No. 33/2023-Customs (N.T.) | […]
Appointment of Common Adjudicating Authority (CAA) in respect of SCNs issued to M/s A.K. Construction Co. vide Order No. 07 /2023-Service Tax Dated: 4th May, 2023. CBIC-240137/3/2023-SERVICE TAX SECTION-CBEC F.No. CBIC-240137/3/2023-SERVICE TAX SECTION-CBEC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs CX & ST Wing, New Delhi […]
