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Under the mentioned Instruction, reference has been drawn to the following: As per Section 107 (2) of the CGST Act, 2017, the commissioner has the power to review, if he may, any decision/order ...
Exports of certain commodities may require special approval or license. SCOMET lists down a few such items. SCOMET is an acronym for Special Chemicals, Organisms, Materials, Equipment, and Technology ...
What is NBFC in Simple Terms? A Non-Banking Financial Company (NBFC) is akin to a banking company and engaged in the business of providing loans, accepting deposits (only certain NBFCs), leasing, hire ...
Independent organizations that work for social and charitable purposes are called as Non-Governmental Organizations (NGOs). In order to facilitate them in contributing to the greater good, the ...
It is akin to a company-wide system to ensure checks and balances IFC Audit is mandatory for all the listed companies in India IFC Audit ensures that the overall operations of the company are in line ...
Ministry of Home Affairs (MHA) in wake of COVID 19 has made medical insurance mandatory for the workers of offices, workplaces, factories, and establishments. This decision of the Government has ...
BIS is the national body in India responsible for establishing and maintaining standards for various products to promote quality and ensure consumer safety. BIS has contributed significantly to the ...
The Special Valuation Branch (SVB Custom) has been established to Investigate the Valuation of Goods Imported by an Indian party from its related foreign supplier. When the Indian importer imports ...
International transactions are gaining momentum and more companies are getting involved in foreign investments. Therefore, RBI has placed a mechanism whereby the onus has been put on companies ...
In a significant ruling, the Madras High Court has addressed a crucial question regarding the roles of the Jurisdictional Assessing Officer (JAO) and the Faceless Assessing Officer (FAO) under the ...
The Bureau of Indian Standards Registration and Certification page aims to provide an in-depth understanding of BIS, its significance, the Certification Process, and the benefits it offers to ...
Running your own business always comes with the uncertainty that someone might use your name or logo. This can lead to erosion of the customer base as another unauthorized person uses your goodwill ...