9911796707
TMI BlogMEMORANDUM REGARDING DELEGATED LEGISLATIONX X X X Extracts X X X X X X X X Extracts X X X X ..... me-tax Act relating to definitions. It, inter alia, seeks to amend clause (22) of the said section. It is proposed to insert the Explanation of 'group entity', 'principal entity' and 'parent entity' in Explanation 3, in clause (d) of the said Explanation. It seeks to empower the Board to make rules regarding the conditions which the said entities are required to satisfy. Clause 9 of the Bill seek ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lectronic goods, article or things in India. It, inter alia, empowers the Board to make rules prescribing the conditions which the resident company are required to satisfy in this behalf. Clause 21 of the Bill seeks to amend section 92CA of the Income-tax Act relating to reference to Transfer Pricing Officer. It is proposed to insert a new sub-section (3B) in the said section so as to provide t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Act, relating to voluntary revision of entry, post clearance. Sub-section (1) of the said section 18A seeks to empower the Government to provide by rules the form and manner and the time within which entry in relation to the goods may be revised by the importer or exporter, post clearance. Clause 122 of the Bill seeks to amend sub-section (2) of section 38 of the Central Goods and Services Tax Ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be contained in, and the manner of affixing on the goods and packages a unique identification marking under clause (a), the form and manner and the time for furnishing information and details and maintaining records or documents under clause (b), the time within which and the form and manner in which other details shall be furnished under clause (c) and the amount to be paid under clause (d) of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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