Others : Copper Products (Quality Control) Order, 2023 (23/10/2023)
Others : Copper Products (Quality Control) Order, 2023 [Order No.S.O.4595 (E ) dated 17th Oct 2023]
Others : Drums and Tins (Quality Control) Order, 2023 (23/10/2023)
Others : Drums and Tins (Quality Control) Order, 2023 [Order No.S.O.4596 (E ) dated 17th Oct 2023]
FEMA : Foreign Exchange Management (Debt Instruments) (Second Amendment) Regulations, 2023 issued. (23/10/2023)
FEMA : Foreign Exchange Management (Debt Instruments) (Second Amendment) Regulations, 2023 issued. [Notification No. FEMA.396(2)/2023-RB. Dated 16th Oct 2023]
Income Tax : CBDT extends due date of Filing Audit report- Section 10AA(8), this is an extension of the due date for filing the accountant’s report. The extended due date for Assessment Year 2023-24 has been moved from the specified date under section 44AB to 31st December 2023. (23/10/2023)
Income Tax: CBDT extends due date of Filing Audit report- Section 10AA(8), this is an extension of the due date for filing the accountant’s report. The extended due date for Assessment Year 2023-24 has been moved from the specified date under section 44AB to 31st December 2023. [Circular No.18/2023 dated 20th Oct 2023]
Income Tax : New CBDT Rule 16D notified & Form No. 56F for Section 10AA Deduction identified. (21/10/2023)
Income Tax: New CBDT Rule 16D notified & Form No. 56F for Section 10AA Deduction identified. [Notification No.91/2023 dated 19th Oct 2023]
DGFT: Policy circular issued for implementation of Import Management Systems for IT Hardware. (21/10/2023)
Policy circular issued for implementation of Import Management Systems for IT Hardware. [Policy Circular No.06/2023-24 dated 19th Oct 2023]
DGF : Import of IT hardware manufactured in SEZ to DTA shall be exempt from an import authorization. As well as Import by private entities on behalf of Central & State Government entities for defense & securities purpose shall be exempt from an import authorization. (21/10/2023)
DGFT: Import of IT hardware manufactured in SEZ to DTA shall be exempt from an import authorization. As well as Import by private entities on behalf of Central & State Government entities for defense & securities purpose shall be exempt from an import authorization. [Notification No.38/2023 dated 19th Oct 2023]
DGFT: Quantity for Export of Non-Basmati White Rice (Under HS Code 1006 30 90) to Nepal, Cameroon, Cote d’ Ivore, Republic of Guinea, Malaysia, Philippines and Seychelles is notified. (21/10/2023)
DGFT: Quantity for Export of Non-Basmati White Rice (Under HS Code 1006 30 90) to Nepal, Cameroon, Cote d’ Ivore, Republic of Guinea, Malaysia, Philippines and Seychelles is notified. [Notification No.37/2023 dated 18th Oct 2023]
DGFT : Extension of date for restriction on export of Sugar beyond 31st October 2023. (21/10/2023)
DGFT: Extension of date for restriction on export of Sugar beyond 31st October 2023. [Notification No.36/2023 dated 18th Oct 2023]
DGFT : Discontinuation of Issuance of Physical copy of Restricted Import Authorization with effect from 19.10.2023. (21/10/2023)
DGFT: Discontinuation of Issuance of Physical copy of Restricted Import Authorization with effect from 19.10.2023. [Trade Notice No.31/2023-24 dated 19th Oct 2023]
Customs : Revised All Industry Rates of Duty Drawback notified with effect from 30th October 2023. (21/10/2023)
Customs : Revised All Industry Rates of Duty Drawback notified with effect from 30th October 2023. [Notification No.77/2023-Cus (NT) dated 20th Oct 2023]
Customs : In order to implement recommendations made by the GST Council during its 52nd Meeting with respect to GST rates on goods customs notification issued. (21/10/2023)
Customs : In order to implement recommendations made by the GST Council during its 52nd Meeting with respect to GST rates on goods customs notification issued.[Notification No.60/2023-Cus dated 19th Oct 2023]
GST : Various changes notified in GST rates, Exempt services, RCM services effective from 20th Oct 2023 (21/10/2023)
GST : Various changes notified in GST rates, Exempt services, RCM services effective from 20th Oct 2023 vide Notification No. 14/2023 to 20/2023-Central Tax (Rate) and Notification No.15/2023 to 23/2023-Integrated Tax Rates and Notification No.12/2023 to 20/2023-Union Territory Tax Rates Dated: 19th October 2023]
GST : Amendments to Notification No.12/2017-Central Tax Rate, now Services provided to a Governmental Authority by way of-(a)water supply;(b)public health;(c)sanitation conservancy;(d)solid waste management; and (e)slum improvement and upgradation will be exempt from GST. (21/10/2023)
GST : Amendments to Notification No.12/2017-Central Tax Rate, now Services provided to a Governmental Authority by way of-(a)water supply;(b)public health;(c)sanitation conservancy;(d)solid waste management; and (e)slum improvement and upgradation will be exempt from GST. [Notification No. 13/2023-Central Tax (Rate) Dated: 19th October 2023]
GST : Amendments to Notification No.11/2017-Central Tax Rate in Sr. 8 & 10 as if the supplier of an input service charges central tax at a rate higher than 2.5%, the credit of input tax charged on the input service in the same line of business in excess of the tax paid or payable at the rate of 2.5% will not be allowed. This amendment impacts the calculation of input tax credit in these scenarios. (21/10/2023)
GST: Amendments to Notification No.11/2017-Central Tax Rate in Sr. 8 & 10 as if the supplier of an input service charges central tax at a rate higher than 2.5%, the credit of input tax charged on the input service in the same line of business in excess of the tax paid or payable at the …
PML Act: Further amendments to Prevention of Money-laundering (Maintenance of Records) Rules, 2005 vide Third Amendment Rules, 2023.(18.10.2023)
PML Act: Further amendments to Prevention of Money-laundering (Maintenance of Records) Rules, 2005 vide Third Amendment Rules, 2023. [Notification No. G.S.R. 745(E) dated 17th Oct 2023]
RBI/FEMA:RBI amends Master Directions on Know Your Customer (KYC) norms to update certain instructions in accordance with amendments to PML Rules, 2005 (18.10.2023)
RBI/FEMA: RBI amends Master Directions on Know Your Customer (KYC) norms to update certain instructions in accordance with amendments to PML Rules, 2005, FATF recommendations, and add a new section 55A on FCRA in the master directions. [CIRCULAR NO. RBI/2023-24/69 DOR.AML.REC.44/14.01.001/2023-24 dated 17th Oct 2023]
GST: Advisory issued w.r.t. Person supplying of Online Money Gaming services or OIDAR or Both in Form GST REG-10 and Form GSTR-5A (18.10.2023)
GST: Advisory issued w.r.t. Person supplying of Online Money Gaming services or OIDAR or Both in Form GST REG-10 and Form GSTR-5A: In view of recent amendments to GST Act and Rules, any person located outside taxable territory making supply of online money gaming to a person in taxable territory, is liable to get registered …
SEBI: SEBI Master Circular issued for Stock Exchanges & Clearing Corporations with the object of easy access to users and consolidation of all relevant regulatory guidelines.(17.10.2023)
SEBI: SEBI Master Circular issued for Stock Exchanges & Clearing Corporations with the object of easy access to users and consolidation of all relevant regulatory guidelines. [Circular No. SEBI/HO/MRD2/PoD-2/CIR/P/2023/171 dated 16th Oct 2023]
