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Notifications/Circulars

Weekly newsletter from Chairman, CBIC dated 21.11.2022

November 21, 2022 906 Views 0 comment Print

I was happy to be part of the Conference in which productive discussions were held on emerging trends in tax evasion, use of technology for detecting frauds and use of digital forensics as an investigation tool.

Govt withdrawn AIDC exemption on Anthracite, PCI Coal & Coking Coal

November 18, 2022 2022 Views 0 comment Print

CBIC amends Notification 11/2021-Customs, dated the 1st February, 2021 in order to withdraw AIDC exemption on Anthracite , PCI Coal and Coking Coal vide Notification No. 60/2022-Customs Dated: 18th November, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 60/2022-Customs Dated: 18th November, 2022 G.S.R. 829(E).—In exercise of the powers conferred by sub-section […]

Govt withdrawn BCD exemption on Anthracite and PCI Coal, Coke & Semi coke & ferronickel

November 18, 2022 1695 Views 0 comment Print

CBIC amends Notification No. 50/2017-Customs, dated the 30th June, 2017 in order to withdraw BCD exemption on Anthracite and PCI Coal, Coke & Semi coke and ferronickel vide Notification No. 59/2022-Customs Dated: the 18th November, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 59/2022-Customs Dated: 18th November, 2022 G.S.R. 828(E).—In exercise of […]

Govt withdrawn export duty on iron ore & steel products

November 18, 2022 3729 Views 0 comment Print

CBIC amends Notification No. 27/2011- Customs, dated the 1st March, 2011 in order to withdraw export duty on iron ore & steel products vide vide Notification No. 58/2022-Customs Dated: the 18th November, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 58/2022-Customs | Dated: the 18th November, 2022 G.S.R. 827(E).—In exercise of the […]

Draft Food Safety & Standards (Genetically Modified Foods) Regulations, 2022

November 18, 2022 975 Views 0 comment Print

(1) No person shall manufacture, pack, store, sell, market or otherwise distribute or import any food or food ingredient produced from GMOs, except with the prior approval of the Food Authority. (2) The provisions of these regulations are in addition to, and not in derogation of, any other rules or regulations made under the Act.

NIC Code for Drone/ Biomass pellet manufacturing, Portable Petrol Pump/Service Stations

November 18, 2022 5877 Views 0 comment Print

Inclusion of Drone Manufacturing, Portable Petrol Pump/ Portable Service Stations, Biomass pellet manufacturing, etc. under the NIC codes

Non-appointment of CS as Company incurred losses & delisted from Stock Exchange – Matter remitted back to ROC

November 18, 2022 648 Views 0 comment Print

Appellants in the present appeal has stated that the Company has made all reasonable efforts to appoint Whole Time Company Secretary, whereas no one has shown interest as the Company incurred losses and delisted from Stock Exchange.

Operational aspects of scheme(s) of arrangement by entities who have listed their NCDs/ NCRPS

November 17, 2022 1275 Views 0 comment Print

This circular contains the operational aspects with reference to scheme(s) of arrangement by entities who have listed their NCDs/ NCRPS.

MAHAGST: Authorities with jurisdiction must issue recurring SCNs

November 17, 2022 2121 Views 1 comment Print

Authority regarding action consequential to issuance of Show Cause Notice and for issuance of recurring SCN in case of an enforcement action initiated by the State authorities against a taxpayer assigned to Centre and vice versa.

MCA Imposes penalty on Company & Directors for not filing Annual Return

November 17, 2022 3747 Views 0 comment Print

As per MCA record, the company has not filed its Annual Return for the financial year 2018-19. Hence the Company and its directors/Officers in default are liable for penalty as per section 92(5) of the Companies Act, 2013.

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