March, 2022 – Issue No. II

A statutory power should not be exercised in a manner so as to instil fear in the mind of a person: Karnataka High Court.
Maharashtra announces VAT Amnesty Scheme, 2022.

Export of Rice (Basmati and Non-Basmati) to EU member states and other European Countries namely Iceland, Liechtenstein, Norway and Switzerland will require Certificate of Inspection from EIA/EIC. Export to remaining European countries (except Iceland, Liechtenstein, Norway and Switzerland) will require Certificate of Inspection from 1st July, 2022.

Import policy of Hydrofluorocarbons (HFCs) has been revised from ‘Free’ to ‘Restricted’ subject to NOC from MoEF&CC.

The last date for submitting applications under MEIS (for exports made in the period – 01.04.2020 to 31.12.2020), ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP, only for exports made in the period 01.01.2020 to 31.03.2020) has been extended upto 28.02.2022.


MCA Notifies Limited Liability Partnership (Second Amendment) Rules, 2022.
All filings of LLPs have now become online-based.
5 Designated Partners without DIN is allowed at the time of incorporation.
PAN and TAN would be allotted to LLPs along with the Certification of Incorporation (COI).

The Indian Tax Advisors