The Central Motor Vehicles (Draft Amendment) Rules, 2022.
Every manufacturer or importer of M2, M3 and N2 vehicle category, except Tippers, with gross vehicle weight between three and a half tonnes (3.5 T) and twelve tonnes (12.0 T), manufactured or imported for sale in India, shall, on and from the 1st day of April, 2023, be tested for Constant Speed Fuel Consumption standard and comply with the Fuel consumption target, as notified under the Energy Conservation Act, 2001.
SEBI notifies modification in Cyber Security and Cyber resilience framework of KYC Registration Agencies.
The incident shall also be reported to Indian Computer Emergency Response team (CERT-In) in accordance with the guidelines/directions issued by CERT-In from time to time. Additionally, the KRAs, whose systems have been identified as “Protected system” by National Critical Information Infrastructure Protection Centre (NCIIPC) shall also report the incident to NCIIPC.
CBIC exempts taxpayers having aggregate turnover up to 2 crores from filing GST Annual Return.
As per section 44 of the Central Goods and Services Tax Act, 201, Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person shall furnish an annual return which may include a self-certified reconciliation statement, reconciling the value of supplies declared in the return furnished for the financial year, with the audited annual financial statement for every financial year electronically, within such time and in such form and in such manner as may be prescribed
CBIC extends the Due Date for filing FORM CMP-08 by Composition Taxpayers.
Form GST CMP-08 is used to declare the details or summary of self-assessed tax which is payable for a given quarter by taxpayers who are registered as composition taxable person or taxpayer who have opted for composition levy.
The Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2022.
As per clause 15A, an insolvency professional shall prominently state in all his communications to a stakeholder, his name, address, e-mail, registration number and validity of authorisation for assignment, if any, issued by the insolvency professional agency of which he is a member.
DGFT clarification regarding applicability of PIMS at the time of import at SEZ/FTWZ /EOUs and further import into DTA
It is clarified that PIMS Registration shall be required at the point of import by a Unit in SEZ/FTWZ or at the time of import by an EOU of the items covered under PIMS.
RBI clarification on Requirement for obtaining prior approval in case of takeover / acquisition of control of non-bank Payment System Operators (PSOs)
The non-bank PSOs shall inform RBI within 15 calendar days of change in management / directors and Sale / Transfer of payment activity to an entity authorized for undertaking similar activity.
