The existing ‘Stock and Sale’ policy under Paragraph 2.79A of the Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20 has been amended to revise the applicability of the policy for export from the Indian subsidiary of foreign company (applicant exporter) to its foreign parent/another subsidiary of foreign parent company and allow repeat […]
Office of the Commissioner of CGST (Audit) vide letter dated 10.10.2022 has informed that M/s Aegis LifeSciences Pvt. Limited having GSTN 24AARCA8892L1ZS and Adgis Lifescience, Partnership concern having GSTIN 24AARCA8892L1ZS are still operating /running both partnership firm as well as Pvt. Limited Company under GST even after the change in constitution of the business at […]
MCA concluded that the company and its Officers in default are liable for penalty under Section 117(2) of the Companies Act, 2013 for non-filing of Special resolution in MGT-14, which attracted non compliance of the provisions of Section 117(1) of the Companies Act, 2013 and the undersigned has reasonable cause to believe that the company […]
MCA imposes penalty as company and its officers have failed to maintain its registered office as per Section 12(1) of Companies Act, 2013.
These rules may be called the Food Safety and Standards (First Amendment) Rules, 2022. They shall come into the force on the date of their publication in Official Gazette.
Vide Notification No. 04/2023-Central Excise Dated 16th January, 2023 Government reduces Special Additional Excise Duty on Diesel to Rs. 3.50 per litre with effect from 17th day of January, 2023 from existing Rs. 5 per litre. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 04/2023-Central Excise | Dated 16th January, 2023 G.S.R. 24(E).— In exercise […]
Government reduces Special Additional Excise Duty on production of Petroleum Crude to Rs. 1900 per tonne from 2,100 per tonne and to Rs. 3.50 per litre from Rs. 4.50 per litre on export of Aviation turbine Fuel vide Notification No. 03/2023—Central Excise Dated: 16th January, 2023. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. […]
Any person who intends to acquire shares or voting rights in a banking company beyond the limit for which approval was obtained from the Reserve Bank, is required to apply to the Reserve Bank for prior approval to increase their aggregate holding in the banking company.
According to Hon’ble Supreme Court’s directive filing of TRAN forms was made available for aggrieved taxpayers during 01.10.2022 to 30.11.2022.
If the status of the GSTIN does not automatically turn ‘ACTIVE’, then taxpayers are advised to revoke the suspension once the due returns have been filed, by clicking on ‘Initiate Drop Proceeding’