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Rajasthan VAT – Procedure for VAT Amnesty Scheme 2022

March 9, 2022 13032 Views 0 comment Print

Registered, Cancelled and Unregistered Dealers/Persons may apply on the web portal of Commercial Taxes Department (rajtax.gov.in) for expressing their willingness to take benefit under the scheme using the link ‘Amnesty Scheme-2022’ or ‘Amnesty Scheme for goods not subsumed in GST’, as the case may be.

Unblocking of ITC on expiry of one year from the date of blocking

March 8, 2022 17010 Views 2 comments Print

Rule 86A of the GST Rules, 2017 empowers the officers to block the Input Tax Credit (ITC) availed by the taxpayers wrongly or fraudulently. Sub-rule (3) of the said Rule stipulates that the ITC so blocked shall cease to have effect after the expiry of a period of one year from the date of blocking in case no action has been taken by the officers.

Govt amends import policy conditions of Drosophila melanogaster

March 7, 2022 2334 Views 0 comment Print

The Import of only ‘Drosophila melanogaster’ under ITC (HS) 01069000 is ‘Free’ subject to IBSC approval, as per the provisions of the ‘Revised Simplified Procedures/ Guidelines on Import, Export and Exchange of GE organisms and products thereof for R&D purpose’ notified by the Department of Biotechnology vide OM No. BT/BS/17/635/2015-PID dated 17.01.2020. The import of […]

Employees’ State Insurance (Central) Amendment Rules, 2022

March 7, 2022 6786 Views 0 comment Print

Provided also that in case of an insured woman who is in receipt of maternity benefit and due to reason of which a shorter contribution period is available to her in the contribution period in which the maternity benefit falls, she shall be qualified to claim sickness benefit in the corresponding benefit period if the contribution in respect of her was payable for not less than half the number of days available for working in such contribution period

NeGD allowed to perform Aadhaar authentication for DigiLocker

March 7, 2022 510 Views 0 comment Print

Ministry of Electronics and Information Technology notifies that the National e-Governance Division (NeGD) under Digital India Corporation is hereby allowed to perform Aadhaar authentication, on voluntary basis, for identification of residents in DigiLocker with effect from the date of publication of this notification in the official Gazette.

Last date extended for applications under MEIS, ROSCTL, ROSL

March 7, 2022 17805 Views 0 comment Print

Extension of MEIS / Ad-hoc Incentive Scheme / ROSCTL / ROSL The last date for submitting applications under MEIS (for exports made in the period – 01.04.2020 to 31.12.2020), ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP, only for exports made in the period 01.01.2020 to 31.03.2020) has been extended. […]

Chartered Accountants (Amendment) Regulations, 2022

March 4, 2022 9006 Views 0 comment Print

These regulations may be called the Chartered Accountants (Amendment) Regulations, 2022. (2) They shall come into force on the date of their final publication in the Official Gazette.

Draft notification of Motor Third Party Premium Rates for FY 2022-23

March 4, 2022 40305 Views 0 comment Print

A draft notification to prescribe base premium for Motor Third Party Insurance Premium for the Financial Year 2022-23 has been prepared and attached as Annexure B, along with Basic methodology used for arriving at the Premium Rates for Motor Third Party Insurance Cover for the Financial Year 2022-23 (Annexure -A to this letter), for inviting objections and suggestions from all persons likely to be affected thereby, before the expiry of 10 days from the date the same is placed on the MoRTH Et IRDAI website and made available to the public.

SOP to ensure compliance of Bank attachment letters- GST/VAT

March 4, 2022 8118 Views 0 comment Print

It has recently come to notice that, An account was de-freezed on the basis of the letter signed by the Ward In-charge, whereas it was later found that no such letters/communications was issued from the concerned Ward In-charge.

Limited Liability Partnership (Second Amendment) Rules, 2022

March 4, 2022 12264 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) vide its Notification dated 04th March, 2022 has notified Limited Liability Partnership (Second Amendment) Rules, 2022 to further amend the existing Limited Liability Partnership Rules, 2009, which shall come into force on the date of its publication in the Official Gazette. Sr. No. Amendment Effect/ Comments 1 Substitution: Rule […]

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