Listed entities to disclose shareholding, segregated into promoter(s) & promoter group. (Circular SEBI/HO/CFD/CM D/CIR/P/2021/616 dtd. 13th August 2021)
Central Government revokes the anti-dumping duty imposed on ” Viscose Staple Fibre excluding Bamboo Fibre”, falling under tariff item 5504 to 10 00. (Notification No. 44/2021- Customs (ADD) dtd. 12th August 2021)
Part 2- ‘How To Prepare For Departmental Audit Under GST?’ with CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd In this video, our Bizsolindia Founder, CMA Ashok Nawal, shares how to prepare for GST Departmental Audit. As the GST department has started issuing notices to the assesses. It is now very important for business owners …
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver. (Notification No. 66/2021-Customs (N.T.) dtd. 11th August 2021)
Mobile signal repeater/booster and walkie-talkie sets falling under the category of Transmission apparatus incorporating reception apparatus ( ITC HS Code – 8525 60 00) classified under ‘free’ category under the Import Policy will not be permitted to be imported except against a license to be issued by the Wireless Planning & Coordination (WPC) wing of …
RBI has provided that Cash-out at any ATM of more than ten hours in a month will attract a flat penalty of Rs.10,000/- per ATM with effect from 1st October 2021. (Circular No. RBI/2021-22/84 DCM (RMMT) No. S153/11.01.01/2021-22 dtd. 10th August 2021)
CBDT has notified New Rule 10RB. Relief in tax payable under sub-section (1) of Section 115JB due to operation of subsection (2D) of Section 115JB and FORM No 3CEEA. (Notification No. 92/2021- Income Tax dtd. 10th August 2021)
CBDT establishes 7 Interim Boards for Settlement having headquarters at Delhi, Kolkata, Mumbai and Chennai. (Notification No. 91/2021- Income Tax dtd. 10th August 2021)
SOP is prescribed for completing the penalties under the Faceless Penalty Scheme, 2021. (Instructions F. No. A.A. (N.A.F.A.C)-1/2021-22/439 dtd. 9th August 2021)
Ministry of Finance has notified Foreign Exchange Management (Non-debt instruments) (Amendments) Rules, 2021 to amend the existing Foreign Exchange Management (Non-debt instruments ) Rules, 2019. (Notification dtd 6th August 2021)
CBDT has notified a new set of Rules 21AI, 21AJ & New Form No. 10IG & 10IH. (Notification No. 90/2021- Income Tax dtd 9th August 2021)
Anti-subsidy investigation on imports of Viscose Rayon Filament Yarn. (Notification- Final Findings dtd. 9th August 2021)
Para 2.07 of Foreign Trade Policy, 2015-20 regarding Principles of prohibition and restrictions is amended to be in line with international agreements. (Notification No. 17/2015-2020 dtd. 10th August 2021)
Period of modification of IEC is extended for the year 2021-22 till 31.08.2021 and waiver of fees for modifications carried during August 2021. (Notification No. 16/2015-2020 dtd. 9th August 2021)
The trail period of CHIMS is extended by further two months i.e. up to 30.09.2021. (Notification No. 15/2015-2020 dtd. 9th August 2021)
The quota for export of diagnostic kits and their components/laboratory reagents has been fixed for the month of July, August and September, 2021. (Trade Notice No. 15/2021-22 dated 9th August 2021)
CBIC has issued the instructions to ensure that Cassia or Split Cassia is not imported with label of Cinnamon or Split Cassia (Cinnamon). (Instruction No. 16/2021- Customs dtd. 9th August 2021)
Anti-dumping duty on imports of Phthalic Anhydride. (Notification No. 43/2021- Customs (ADD) dtd. 9th August 2021)
The Insolvency and Bankruptcy Board of India ( IBBI) signed a Memorandum of Understanding (MOU) with National Stock Exchange (NSE) of India for research collaboration. (Notification No. IBBI/PR/2021/17 dtd. 6th August 2021)
CBIC has notified Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 6th August 2021. (Notification No. 65/2021- Customs (N.T.) dtd. 5th August 2021)
