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Notifications/Circulars

Applicability of Certain provisions of Insurance Act to IFSC & SEZ

July 4, 2022 1938 Views 0 comment Print

Certain provisions of Insurance Act not to apply in Special Economic Zone and International Financial Services Centre

Pecuniary Limit changed for Rajasthan State GST Officers

July 4, 2022 2397 Views 0 comment Print

Rajasthan govt notifies that Assistant Commissioner of State Tax shall have the jurisdiction over the taxable person having annual turnover in State Upto Rs. 2.5 Cr. and Joint/ Deputy Commissioner of State Tax hall have the jurisdiction over the taxable person having annual turnover in State Above Rs. 2.5 Cr. GOVERNMENT OF RAJASTHAN COMMERCIAL TAXES […]

Reassessment of Bills of Entry involving Refund Claim of Excess Duty paid

July 4, 2022 9123 Views 0 comment Print

It was held that the claim of refund cannot be entertained unless the order of assessment or self- assessment is modified in accordance with law by taking recourse to the appropriate proceedings

Instruction on amendment in Export Policy of motor gasoline & gas oil

July 3, 2022 669 Views 0 comment Print

It is requested that necessary action may be taken to sensitize officers under your jurisdiction regarding the above mentioned amendment in Export Policy of motor gasoline and gas oil.

ROC imposes penalty for not mentioning CIN on Financials

July 1, 2022 47727 Views 0 comment Print

As per Section 12(3)(c) of the Companies Act, 2013, ‘every company shall get its name , address of its registered office and Corporate Identity Number along with telephone number, fax number, if any, e mail and website addresses, if any , printed in all its business letters, bill heads, letter papers, and in all its notices and other official publications.’

Exemption of IGST and Compensation Cess under Advance Authorisation, EPCG & EOU scheme

July 1, 2022 16167 Views 0 comment Print

Para 4.14, Para 5.01(a) and Para 6.01(d)(ii) of FTP 2015-20 are amended as above to provide exemption from Integrated Tax and Compensation Cess.

IFSCA (Finance Company) (Amendment) Regulations, 2022

July 1, 2022 984 Views 0 comment Print

These regulations may be called the International Financial Services Centres Authority (Finance Company) (Amendment) Regulations, 2022.

Extension in deadlines for submission of applications under MEIS

July 1, 2022 1977 Views 0 comment Print

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 1st July, 2022 Notification No. 15/2015-2020 Subject: Extension in deadlines for submission of applications under MEIS for exports made in the 4 months period, Sept 2020 to Dec 2020 S.O. 2988(E).—In exercise of the powers conferred by Section 5 of the Foreign Trade […]

Note Sorting Machines – Authentication and Fitness Sorting Parameters

July 1, 2022 2010 Views 0 comment Print

A fit note is a note that is genuine, sufficiently clean to allow its denomination to be readily ascertained and thus suitable for recycling. An unfit note is a note that is not suitable for recycling because of its physical condition or belongs to a series that has been phased out by Reserve Bank of India.

FCRA: Disclosure not required for Receipts From Relatives abroad Upto Rs 10 Lakhs Per Year

July 1, 2022 1347 Views 0 comment Print

Vide oreign Contribution (Regulation) Amendment Rules, 2022 – Central Government exempts from disclosure Foreign Receipts From Relatives Abroad Upto Rs 10 Lakhs Per Year. Earlier the limit was Rs. one Lakh.  Also Read: Govt makes FCRA offences under Sections 35, 37, 3, 11 compoundable MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 1st July, 2022 G.S.R. […]

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