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Notifications/Circulars

Notification No. 22/2021-Customs (N.T./CAA/DRI), Dated: 24.02.2021

February 24, 2021 1851 Views 0 comment Print

Notification No. 22/2021-Customs (N.T./CAA/DRI), Dated: 24.02.2021 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 22/2021-Customs (N.T./CAA/DRI) New Delhi, dated 24.02.2021 S.O. (E). – In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette […]

Guidelines for provisional attachment of property | section 83 | CGST Act, 2017

February 23, 2021 6420 Views 0 comment Print

Doubts have been raised by the field formations on various issues pertaining to provisional attachment of property under the provisions of section 83 of the Act read with rule 159  of Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the “CGST Rules”).

Physical hearing by NCLT Benches w.e.f. 01.03.2021

February 23, 2021 1113 Views 0 comment Print

All NCLT Benches shall start regular Physical hearing w.e.f. 1.03.2021. In case any counsel/ representative of party expresses difficulty in physical hearing, he/ she may be permitted for virtual hearing.

Pre-Expiry Margin on commodities under Alternate Risk Management Framework

February 23, 2021 522 Views 0 comment Print

The matter of negative crude oil price event was deliberated upon in the Risk Management Review Committee (RMRC) of SEBI. In this regard, one of the suggestions of RMRC was that Indian Exchanges should consider introducing some mechanism to encourage significant reduction of Open Interest as the contract approaches the expiry date.

Applicability of Dynamic QR Code on B2C invoices & compliance

February 23, 2021 16542 Views 0 comment Print

Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020- Central Tax dated 21st March, 2020 – Reg.

Preferential CoO for India’s Exports to Mercosur & Thailand

February 23, 2021 618 Views 0 comment Print

Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under India-Mercosur PTA and India-Thailand EHS w.e.f. 25th February 2021

Notification No. 21/2021-Customs (N.T./CAA/DRI), Dated: 23.02.2021

February 23, 2021 3126 Views 0 comment Print

Notification No. 21/2021-Customs (N.T./CAA/DRI), Dated: 23.02.2021 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) New Delhi, the 23rd February, 2021 Notification No. 21/2021-Customs (N.T./CAA/DRI) S.O. 888(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extraordinary, Part-II, […]

Notification No. 20/2021-Customs (N.T./CAA/DRI), Dated: 23.02.2021

February 23, 2021 489 Views 0 comment Print

Notification No. 20/2021-Customs (N.T./CAA/DRI), Dated: 23.02.2021 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) NOTIFICATION New Delhi, the 23rd February 2021 Notification  No. 20/2021-Customs (N.T./CAA/DRI) S.O. 887(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4thJune 2015 in Gazette of India, Extraordinary, […]

CBIC notifies class of person to whom Aadhar authentication not applies

February 23, 2021 17085 Views 1 comment Print

CBIC notifies vide Notification No. 03/2021-Central Tax dated 23rd February, 2021 that Aadhar authentication under sub-section (6B) or sub-section (6C) of section 25of CGST Act, 2017 shall not apply to a person who is, (a) not a citizen of India; or, (b) a Department or establishment of the Central Government or State Government; or (c) […]

Guideline for transfer of Black Money Act case to respective Central Charges

February 23, 2021 9096 Views 0 comment Print

To operationalize smooth transfer of Black Monet Act cases to the respective Central Charges, the following guidelines are being issued. (a) First, the Jurisdictional Income-tax Authority is required to identify the cases wherein proceedings under BM Act are pending in her/his charge.

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