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Notifications/Circulars

Govt extends ‘Indian Footwear and Leather Development Programme till 31.03.2026

March 3, 2022 687 Views 0 comment Print

The Central Government has approved continuation of Central Sector Scheme ‘Indian Footwear and Leather Development Programme (IFLDP)’ with an approved expenditure of Rs.1700 crore till 31.03.2026 or till further review, whichever is earlier.

CBIC Notifies Rate of Exchange of Foreign Currencies wef 04.03.2022

March 3, 2022 5730 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 4th March, 2022 vide Exchange rates Notification No.13/2022-Cus (NT) dated 03.03.2022. MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No.13/2022 – Customs (N.T.) New Delhi, dated the 3rd March, 2022 12 Phalguna 1943 (SAKA) […]

Auto-population of e-invoice details into GSTR-1- Advisory

March 3, 2022 41883 Views 0 comment Print

i. Generation of e-invoice is mandatory for certain class of taxpayers, as notified by the Government. These taxpayers are required to prepare & issue their e-invoices by reporting their invoice data in the prescribed format (e-invoice schema in FORM GST INV-01) and reporting the same on the Invoice Registration Portal (IRP). Invoices reported successfully on […]

Section 35(1)(ii): CBDT approves ‘Sri Shankara Cancer Foundation, Bangalore’

March 3, 2022 990 Views 0 comment Print

Central Government hereby approves ‘Sri Shankara Cancer Foundation, Bangalore (PAN: AAHTS5593F)’under the category of ‘University, College or other institution’for Scientific Research for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with rules 5C and 5E of the Income-tax Rules, 1962.

Amendment in Notification No. 12/97-Customs (NT) dated 2nd April, 1997

March 3, 2022 747 Views 0 comment Print

CBIC notifies Amendment in Notification No. 12/97-Customs (NT) dated 2nd April, 1997 vide Notification No. 14/2022-Customs (N.T.) | Dated: 3rd March, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 14/2022-Customs (N.T.) | Dated: 3rd March, 2022 G.S.R. 170(E).—In exercise of the powers conferred by clause […]

Notification No. 2/2022-Customs (N.T./CAA/DRI) Dated: 03.03.2022

March 3, 2022 2172 Views 0 comment Print

CBIC issues Notification No. 2/2022-Customs (N.T./CAA/DRI) [S.O. 986(E).], Dated: 03.03.2022- Appointing Common Adjudicating Authority MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence ) New Delhi Notification No. 2/2022-Customs (N.T./CAA/DRI) | Dated: 3rd March, 2022 S.O. 986(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. […]

No interest on additional PPF account merged or closed

March 2, 2022 7665 Views 1 comment Print

In case any one of the PPF accounts or all the PPF accounts is/are proposed to be merged or amalgamated is / are opened on or after 12.12.2019, such account(s) shall be closed without any interest payment and no no proposal should be sent to the Postal Directorate for amalgamation of such PPF Accounts.

Guidelines for issuance of FORM GST DRC-07 in case of vehicles detained under E-way bill provisions

March 2, 2022 50022 Views 3 comments Print

In the Maharashtra Goods and Services Tax Department (MGSTD), the activity of interception of conveyances for verification of E-way bill is carried out by Enforcement officers as well as Non­-enforcement (Nodal) officers.

Get interest in your PO Savings or Bank Account in case of MIS/SCSS/TD A/cs

March 2, 2022 1902 Views 0 comment Print

It has come to notice that some MIS/SCSS/TD accounts holders have not linked their savings account (either PO Savings Account or Bank account) for credit of their monthly/quarterly/yearly interest and Interest due in these MIS/SCSS/TD accounts are left unpaid in sundry office account.

Reg. Application in Form 15E for section 195(2) & 195(7) certificates

March 2, 2022 3243 Views 0 comment Print

it has been decided that no such request for Form 15E for certificates under section 195(2) & 195(7) for a particular Financial Year shall be accepted after 15th of March of the Financial Year. For instance, no application for certificates for Financial Year 2021-22 shall be allowed after 15.03.2022.

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