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Daily Newsletter - October 30, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

ICAI Draft

Legal Updates:

GST

MCA

DGFT

Customs


  

News Update:

Indian News:

Finolex Cables case: NCLAT bench wilfully defied our order, says Supreme Court

NPCI stepping in to stop AePS frauds, suggests ways to banks

SBI, Kolkata Police warn about Aadhaar fraud: How to protect yourself

CA firm staff not covered by ESI: Gujarat High Court

Govt asks states not to impose tax/duty on power generation from any source

Bank fraud: ED arrests 2 promoters, CA of Parabolic Drugs in money laundering case

SEBI extends ban on select agri-commodity derivatives trading by 1 year

Sebi slaps Rs 33 crore fine on 13 entities earlier related to Sharepro Services

Banks offer 5-day work week, offer 15% wage hike

  

International News:

EY U.K. Cuts Partner Payouts by £40,000 as Big Four Accounting Firms Face Slowdown


Exposure Draft:

ICAI Draft:

Exposure Draft on Accounting Standards for Limited Liability Partnerships
[Last date for Comments: November 27, 2023] 


Legal Updates:

GST:

Clarification on issues pertaining to taxability of personal guarantee and corporate guarantee in GST [Circular No.204/16/2023]

Clarification regarding determination of place of supply in various cases [Circular No.203/15/2023]

Clarification relating to export of services u/s 2(6)(iv) of the IGST Act 2017 [Circular No.202/14/2023]

  

MCA:

The Limited Liability Partnership (Third Amendment) Rules, 2023 - New Rules 22A & 22B - Register of Partners

The Companies (Prospectus and Allotment of Securities) Second Amendment Rules 2023

The Companies (Management and Administration) Second Amendment Rules, 2023

  

DGFT:

Imposition of Minimum Export Price on export of Onions [Notification No.42]

  

Customs:

Seeks to amend notification No. 27/2011-Customs, dated the 1st March, 2011, in order to exempt currently applicable export duty on exports of Onions w.e.f. 29.10.2023 [Notification No.62]

Seeks to rescind notification No. 48/2023-Customs dated 19.08.2023 [Notification No.61]


 

 

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