Notification & Circulars

Amendment to Circular No. 31/05/2018-GST, dated 9th February, 2018 on ‘Proper officer under sections 73 and 74 of the Central Goods and Services Tax Act, 2017 and under the Integrated Goods and Servic

Notification No#Circular No.169/01/2022-GST 12 March 2022

F.No. CBI C-20016/2/2022-GST Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes& Customs, GST Policy Wing, New Delhi Circular No.169/01/2022-GST Dated: 12th March, 2022 To, The Principal Chief Commissioners/ Chief Commissioners/ Princ..

Posted in GST

Appointment of Common Adjudicating authority for adjudicating SCNs issued by DGGI

Notification No#02/2022-Central Tax 11 March 2022

Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 02/2022-Central Tax New Delhi, the 11th March, 2022 G.S.R. 193(E). - In exercise of the powers under section 3 read with section 5 of the Central Goods and Se..

Posted in GST

Action against Paytm Payments Bank Ltd under section 35 A of the Banking Regulation Act, 1949

Notification No#Press Release: 2021-2022/1850 11 March 2022

Reserve Bank of India Date : Mar 11, 2022 Action against Paytm Payments Bank Ltd under section 35 A of the Banking Regulation Act, 1949 Reserve Bank of India has today, in exercise of its powers, inter alia, under section 35A of the Banking Regulation Act, 1949, directed Paytm Payments Ba..

Posted in Community & General

E-invoice mandatory if Turnover exceeds ₹20 crores from 1st April 2022

Notification No#01/2022 - Central Tax 24 February 2022

Ministry Of Finance (Department Of Revenue) (Central Board of Indirect Taxes And Customs) New Delhi Notification No. 01/2022 – Central Tax Dated: 24th February, 2022 G.S.R. 159(E). - In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Servi..

Posted in GST

Audit Committee of Asset Management Companies (AMCs)

Notification No#SEBI/HO/IMD/IMD-I DOF2/P/CIR/2022/17 09 February 2022

Securities and Exchange Board of India CIRCULAR No. SEBI/HO/IMD/IMD-I DOF2/P/CIR/2022/17 Dated: February 09, 2022 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Board of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Sir / Madam..

Posted in Audit

Guidelines on Accounting with respect to Indian Accounting Standards (IND AS)

Notification No#SEBI/HO/IMD-II/DOF8/P/CIR/2022/12 04 February 2022

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD-II/DOF8/P/CIR/2022/12 February 04, 2022 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Boards of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Sir / Madam, Subjec..

Posted in Investments & Personal Finance

Disclosures in the abridged prospectus and front cover page of the offer Document

Notification No#SEBI/HO/CFD/SSEP/CIR/P/2022/14 04 February 2022

Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/SSEP/CIR/P/2022/14 February 04, 2022 To All Recognized Stock Exchanges (except Commodity Exchanges) All Recognized Depositories Issuer Companies Merchant Bankers and Brokers registered with SEBI Registrars to an Issue ..

Posted in Investments & Personal Finance

Clarification regarding the Most-Favoured-Nation (MFN) clause in the Protocol to India's DTAAs with certain countries

Notification No#Circular No. 3/2022 03 February 2022

Circular No. 3/2022 F. No. 503/1/2021-FT&TR-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (FT&TR-I) New Delhi, 3rd February, 2022 Subject: Clarification regarding the Most-Favoured-Nation (MFN) clause in the Protocol to India&rs..

Posted in Income Tax

Increase Basic Excise Duty on Unblended Petrol and Diesel

Notification No#01/2022 -Central Excise 01 February 2022

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 01/2022 -Central Excise New Delhi, the 1st February, 2022 G.S.R.90(E). – In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Gov..

Posted in Excise

Rescind Notification Nos. 10/95-Customs, 26/99-Customs, 27/2004-Customs, 14/2006-Customs, 48/2006-Customs, 90/2007-Customs, 8/2011-Customs, 24/2011-Customs, 49/2013-Customs, 23/2014-Customs, 37/2015-C

Notification No#05/2022-Customs 01 February 2022

Government of India Ministry of Finance (Department of Revenue) Notification No. 05/2022-Customs New Delhi, the 1st February, 2022 G.S.R. ......(E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-sections (1) and (..

Posted in Custom