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Notifications/Circulars

CBIC Notifies Rate of Exchange of Foreign Currencies wef 18.02.2022

February 17, 2022 2151 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 18th February, 2022 vide Notification No. 10/2022- Customs (N.T.) | Dated: 17th February, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 10/2022 – Customs (N.T.) New Delhi, dated the […]

NSE Releases New Digital Portal for filing of Information

February 17, 2022 2730 Views 0 comment Print

Release of New Digital Portal for filing of Information with the Exchange – for Equity Announcements & Disclosures under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Corrigendum to Master Circular for Depositories on Opening of demat account in case of HUF

February 17, 2022 1065 Views 0 comment Print

In the event of death of Karta of HUF, the name of the deceased Karta in the Beneficial Owner (BO) account shall be replaced by the new Karta appointed by the member of the HUF who in such a case shall be senior most member of the family

CBIC setup GST Refund Help Desk

February 17, 2022 8130 Views 0 comment Print

Setup of ‘GST Refund Help Desk’ in the office of Pr. CCA, CBIC 1. The office of Pr. CCA, CBIC has setup a ‘GST Refund Help Desk’ for addressing payment related problems faced by the taxpayers. Contact details of the Help Desk is as under: Name of Nodal Officer     : Ms Anita Rawat, Accounts Officer […]

Only one entity of a group can apply for Registration to act as Foreign Reinsurance Branch in India

February 16, 2022 657 Views 0 comment Print

It is clarified that where the ‘applicant’ as defined under Regulation 2(b) of the IRDAI (Registration and Operations of Branch Offices of Foreign Reinsurers other than Lloyd’s) Regulations, 2015 falls within a group, no other entity of that group shall be eligible to apply for Certificate of Registration to act as Foreign Reinsurance Branch in India.

Release of Refund determined for cases selected for Income Tax Scrutiny

February 16, 2022 6603 Views 0 comment Print

Workflow in ITBA for Withholding of Refund under Sec. 241A of the I. T. Act’ 1961 or Release of Refund determined while Processing of Returns of Income for the cases selected for Scrutiny — Regarding

Tariff Notification No. 09/2022-Customs (N.T.) Dated: 15.02.2022

February 15, 2022 2568 Views 0 comment Print

Tariff Notification No. 09/2022-Customs (N.T.) Dated: 15.02.2022 for Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 15th February, 2022 Notification No. 09/2022-CUSTOMS (N.T.) S.O. 690(E).—In exercise of the powers conferred by sub-section (2) […]

Chennai Customs launches online portal for submission of intimations & returns

February 15, 2022 2970 Views 0 comment Print

Chennai-IV Commissionerate is introducing the EPD portal as a one-stop solution for online submission of mandatory compliances such as Returns, intimation of import, intimation of goods receipt, B17 bond debit & credit. The portal can be accessed through the web link https://epdchennaicustoms.in/. T

Instructions for enabling Internal Control Mechanism for Refunds in GST

February 15, 2022 5154 Views 0 comment Print

Processing of Refund application of tax amount of more than Rs 2 Crore:- All the refund applications where the applicant has claimed more than Rs 2 Crore of total tax amount, the application shall be processed at the Ward level by the ETO-cum-Proper Officer and Tax Inspector in accordance with the provisions of the law and the instructions.

Review of AOA of Indian Institute of IIISLA

February 15, 2022 1968 Views 0 comment Print

As per Regulations 11(1)(f) of IRDAI (Insurance Surveyors and Loss Assessors) Regulations, 2015, one of the functions of the Committee is to discharge any other function entrusted by the Authority from time to time. Accordingly, the committee is entrusted to review AOA of IIISLA. The detailed terms of reference are as follows:

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