Central Board of Indirect and Customs had issued a Circular No. 09/2021 – Customs dated May 08, 2021, to restore the facility under Circular No. 17/2020 dated April 3, 2020, namely, 'Measure to facilitate trade during lockdown period under Section 143AA of the Customs Act, 1962'.

Taking cognizance of the difficulties listed by the trade and industry and the importance of facilitating the Customs clearance process, the Board has decided to restore the facility of acceptance of an undertaking in lieu of bond by Customs formations from the date of issue of this Circular No. 17/2020 till June 30, 2021. The importers or exporters' availability of this facility shall ensure that the undertaking should be furnished in lieu of the bonds is duly replaced with a proper bond by July 15, 2021.

The terms and conditions underlined in Circular No. 17/2020-Customs, dated April 3, 2020 as amended by Circular No. 21/2020-Cus., dated April 21, 2020 remain the same, some of which are as follows:

• Custom field formations may accept the request for submission of an undertaking from the importer or exporter instead of a bond.
• Content of this undertaking should, to the extent possible, be the same as the content of the prescribed bond.
• The undertaking should duly be signed by the IEC holder concerned on their business's letterhead.
• Proper bond in the prescribed format on a notarized stamp paper etc., shall be submitted on or before July 15, 2021.
• The security, where required, shall be furnished.

My name neelam Shukla CRO0107580 student of ca final.my last attempt was may 2011.afterthat i have not given exam of ca final.please suggest that can i reregister for ca final and how to proceed further. Your suggestion will help me. Thanks.

Hi all

One of my client who is a unlisted public limited company has not applied for ISIN No. and accordingly PAS 6 was not filed as required.

Now if try to complete this compliance there will be huge penalty .

Hence, i was thinking to get the company converted to Private Limited Company so that this compliance is not further required. In that case, please advice about the possible consequences?

Thanks in advance

One Partnership firm having 2 partners is registered as composited dealer in GST Now one partner expired, whether firms GST number need to be surrendered ? and what about stock in hand as on the date of death of the partner ?

Sir,
It assess some cash amount from friend through bank mode.assess this amount used for share market trading purposes.
Question:
It assess interest pay to friend amount business expenses claim allowed in it act.

What % ITDS to be deducted on Building rent paid during FY 2020-21 and what is threshold limit ?

WHETHER BEAUTY PARLOUR AND UNISEX SALOON IS BUSINESS OR PROFESSION ?

Any limit to pay tax via net banking.

Hello,

Kindly advise, % of GST for data entry work [offshore - sub contract].

Thanks

Dear Sir/Mam

In From 107 there are column of "Signature of witness in the presence of"
Please tell me who can be witness, I mean who will sign there??