In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central ...

Effect of the Public Notice: Additional Port of export as ‘Amritsar Airport’ added in Para 4.71 of the Handbook of Procedures 2023, for exports under schemes of gold/silver/platinum jewellery and ...

SEBI also directed the Bharat InvITs Association (BIA) to standardize the format for quarterly reports and compliance certificates that investment managers of InvITs submit to trustees. This uniform ...

The Government of India has introduced the Supplier View functionality within the Invoice Management System (IMS) on the GST Portal as of November 13, 2024. This feature allows suppliers to view the ...

SEBI has released a circular addressing three key regulatory updates for Real Estate Investment Trusts (REITs). Firstly, SEBI relaxed specific lock-in and allotment requirements for units assigned to ...

One such provision is Section 128A r.w.t Rule 164, which outlines the procedure and conditions for the closure of proceedings under Section 128A of the CGST Act, 2017, generally termed as “GST Amnesty ...

The Institute of Chartered Accountants of India (ICAI) has published the list of candidates for the upcoming elections to the 26th Council and 25th Regional Councils, scheduled for December 2024. This ...

Form 16 is a certificate issued by employers to their employees, detailing the Tax Deducted at Source (TDS) from salary income. It serves as proof that TDS has been deducted from an employee’s salary ...

ITAT Visakhapatnam held that revision u/s. 263 quashed as AO already disallowed the claim of depreciation while framing assessment and assessed income at NIL due to proper application of funds. Facts- ...

The GST law provides that where a recipient fails to pay to the supplier the amount towards the value of supply along with tax payable thereon within a period of 180 days from the date of issue of ...

This update adds Jajpur in Odisha as an authorized location for the unloading of imported goods and loading of export goods under the Customs Act, 1962. Specifically, the amendment modifies the ...

The Food Safety and Standards Authority of India (FSSAI) has announced that hawkers, defined as individuals selling packaged or freshly prepared food while traveling, are exempt from the registration ...