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Notifications/Circulars

Shipping Bill (Post export conversion in relation to instrument based scheme) Regulations, 2022

February 22, 2022 4056 Views 0 comment Print

These regulations may be called the Shipping Bill (Post export conversion in relation to instrument based scheme) Regulations, 2022. They shall come into force on the date of their publication in the Official Gazette.

Specific Compliance Audit on Refunds under GST- Instructions

February 22, 2022 5574 Views 0 comment Print

AG Audit – Draft Subject Specifiable Compliance Audit report on ‘Refunds  Under Goads and service tax purposed for Inclusion in the Audit report  of the Comptroller end Auditor General of India for the year ended 31st march,2020 (Revenue Sector)-Instruction issued-

Inland Vessels [Prevention and Containment of Pollution] Rules 2022

February 22, 2022 1203 Views 0 comment Print

Existing inland vessels that undergo major conversion or modification shall comply with the requirements specified in these rules, as far as it is considered reasonable and practicable by the Designated Authority.

Modus operandi relating to short payment of GST on Coaching Services detected

February 21, 2022 3888 Views 0 comment Print

On the Anti-Evasion front, the Alwar CGST Commissionerate detected a modus operandi relating to short payment of GST on composite supply of Commercial Training or Coaching Services along with goods such as School Bags, Notebooks, T-Shirts, Sweat Shirts, Umbrellas etc. to their students.

NCLAT invites application for appointment on Various Posts

February 21, 2022 1068 Views 0 comment Print

Filling up of the posts in the National Company Law Appellate Tribunal on deputation basis. The National Company Law Appellate Tribunal invites applications for filling up of the following posts on deputation basis: –

Inclusion in Second Schedule to RBI Act – Sikkim State Co-op Bank

February 18, 2022 483 Views 0 comment Print

We advise that the name of ‘Sikkim State Co-operative Bank Ltd.’ has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide notification DOR.RUR.No.S1627/19.51.025/2021-22 dated October 12, 2021 published in the Extraordinary Gazette of India (Part III – Section 4) dated January 18, 2022.

RBI Master Circular – Housing Finance

February 18, 2022 3504 Views 0 comment Print

Bank finance can be granted only for purchase of a plot, provided a declaration is obtained from the borrower that he intends to construct a house on the said plot, with the help of bank finance or otherwise, within such period as may be laid down by the banks themselves.

Provisional List of Companies within the ambit of NFRA

February 18, 2022 14616 Views 0 comment Print

This comprehensive exercise of compliation of data base of companies covered by NFRA Rules/their auditors from CDM and its reconciliation with other important data bases is being performed for the first time.

RBI Withdraws 100 Circulars & Identified 65 Return for discontinuing/merging or converting into online returns

February 18, 2022 2910 Views 0 comment Print

RRA has now recommended withdrawal of additional 100 circulars in the second tranche of recommendations. Further, on the suggestions of an internal group (Chairman: Dr. O.P. Mall, Executive Director) the RRA has recommended elimination of paper-based returns and has identified 65 regulatory returns which would either be discontinued/ merged with other returns or would be converted into online returns.

EM Part II & Udyog Aadhaar Memorandum of MSMEs obtained till 30.06.2020 shall remain valid till 31.03.2022

February 18, 2022 2817 Views 0 comment Print

The existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum (UAMs) of the MSMEs obtained till June 30, 2020 shall remain valid till March 31, 2022

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