Composite supply of drilling services and site specific chemicals characterised as composite supply; prior advance rulings set aside, tax rate left op...
Cross country pipeline classification and ITC entitlement: pipelines outside factory treated as immovable, ITC disallowed under Section 17 restriction...
The Companies (Registered Valuers and Valuation) Rules, 2017 are amended to tighten eligibility for registration of a registered valuer organisation. Rule 12 now requires the organisation to be registered under section 25 of the Companies Act, 1956 or section 8 of the Companies Act, 2013, have a minimum paid-up share capital of twenty-five lakh rupees, have the sole object of regulating valuers for one or more asset classes, and maintain bye-laws in Annexure III. An existing organisation that does not yet meet the capital requirement must comply by 31 March 2028. The amendment takes effect on publication in the Official Gazette.
The Companies (Registered Valuers and Valuation) Rules, 2017 are amended to tighten eligibility for registration of a registered valuer organisation. Rule 12 now requires the organisation to be registered under section 25 of the Companies Act, 1956 or section 8 of the Companies Act, 2013, have a minimum paid-up share capital of twenty-five lakh rupees, have the sole object of regulating valuers for one or more asset classes, and maintain bye-laws in Annexure III. An existing organisation that does not yet meet the capital requirement must comply by 31 March 2028. The amendment takes effect on publication in the Official Gazette.
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