Daily Newsletter - September 18, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Reference Section:

Acts & Regulations

Legal Updates:

Customs

Central Excise

News Update:

Indian News:

GST fraud busted in Maharashtra's Palghar, private firm's proprietor arrested

SFIO arrests chartered accountant for role during demonetisation

India's e-commerce exports have a lot to complain about banking issues

Time limit under GST to claim input tax credit constitutionally valid: HC

Industry body CII to seek clarity from Sebi on upcoming ESG norms

IBC is not a recovery mechanism, says NCLAT

Likely to default on monthly repayment? SBI will send you a chocolate

Auditors should embrace technology, contribute to nation building: FM

Cognizant's Rs 19,000cr buyback attracts dividend tax: Tribunal

Banks don't want you to overpay card dues

Sebi slaps Rs 2.46 crore fine on two companies, 7 individuals

International News:

ECB hikes, cuts growth outlook; US core inflation remains bit firmer

Reference Section:

Acts & Regulations:

The Mediation Act, 2023

Legal Updates:

Customs:

Seeks to amend No. 19/2019-Customs [Notification No.56]

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.67(NT)]

Central Excise:

Reduction in Special Additional Excise Duty on export of Diesel [Notification No.31]

Seeks to increase the Special Additional Excise Duty on production of Petroleum Crude and reduce the Special Additional Excise Duty on export of ATF [Notification No.30]