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Notifications/Circulars

Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2023

March 31, 2023 1353 Views 0 comment Print

Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2023 shall come into force on 1st April, 2023.

Courier Imports and Exports (Clearance) Amendment Regulations, 2023

March 31, 2023 2079 Views 0 comment Print

Courier Imports and Exports (Clearance) Amendment Regulations, 2023 shall come into force on 1st April, 2023.

Customs- FA 2023 commencement dates of Section 135 & 128 to 131

March 31, 2023 2166 Views 0 comment Print

CBIC notifies commencement dates of clauses (a) and (b) of section 135 & 128 to 131 of Finance Act, 2023 (FA 2023) as 1st April 2023 vide Notification No. 21/2023-Customs (N.T.) | Dated : 31st March, 2023.  Text of the Notification is as follows:- MINISTRY OF FINANCE (Department of Revenue) Notification No. 21/2023-Customs (N.T.) | […]

Customs notification giving effect to 2nd tranche of India UAE CEPA

March 31, 2023 6270 Views 0 comment Print

Notification No. 20/2023-Customs Dated: 31st March, 2023 giving effect to 2nd tranche of India UAE CEPA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 20/2023-Customs Dated: 31st March, 2023 G.S.R. 252(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, […]

Tariff Notification No. 20/2023- Customs (N.T.) Dated-31.03.2023

March 31, 2023 3159 Views 0 comment Print

Notification No. 20/2023- Customs (N.T.) Dated-31.03.2023 – Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notifications No. 20/2023- Customs (N.T.) Dated : 31st March, 2023 S.O. 1562(E).—In exercise of the powers conferred by sub-section (2) […]

Notification to give effect to 3rd tranche of India Mauritius CECPA

March 31, 2023 804 Views 0 comment Print

CECPA Notification No. 19/2023-Customs | Dated: 31st March, 2023 to give effect to 3rd tranche of India Mauritius CECPA from 1st day of April, 2023. MINISTRY OF FINANCE (Department of Revenue) Notification No. 19/2023-Customs | Dated: 31st March, 2023 G.S.R.251(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]

Changes in GST Compensation Cess Rate wef 01.04.2023

March 31, 2023 38382 Views 1 comment Print

CBIC further amend notification No. 1/2017-Compensation Cess (Rate), dated 28th June, 2017 vide Notification No. 2/2023-Compensation Cess (Rate) | Dated: 31st March, 2023 to notifies Changes in GST Compensation Cess Rate wef 01.04.2023 MINISTRY OF FINANCE (Department of Revenue) Notification No. 2/2023-Compensation Cess (Rate) | Dated: 31st March, 2023 G.S.R. 253(E).—In exercise of the powers […]

GST Compensation Cess: Section 163 of Finance Act 2023 applicable wef 01.04.2023

March 31, 2023 8145 Views 0 comment Print

Central Government appoints 1st day of April, 2023, as the date on which provisions of section 163 of Finance Act, 2023 shall come into force vide Notification No. 01/2023-Compensation Cess – Dated: 31st March, 2023. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 01/2023-Compensation Cess – Dated: 31st March, 2023 S.O. 1566(E).— In […]

CA penalised for not complying with principles & procedures laid down in SAs

March 31, 2023 16788 Views 0 comment Print

Auditor not complied with the principles and procedures laid down in the SAs, had not maintained proper audit documentation and displayed flawed understanding and interpretations of the various stipulations in the law and standards in an unprofessional manner that established the EP’s professional misconduct in terms of section 132 (4) of the Companies Act 2013.

NFRA penalises & Debar Auditor for violating several Standards on Auditing

March 31, 2023 3117 Views 0 comment Print

Auditor violated several Standards on Auditing (SA) that are required to be followed during conduct of an audit of historical financial information and in providing an auditor’s certificate.

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