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Archive: 19 September 2019

Posts in 19 September 2019

Duty drawback in cases of short realisation of export proceeds due to charges of foreign banks

September 19, 2019 4962 Views 0 comment Print

Circular No. 33/2019-Customs F. No. 609/19/2019-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Indirect Taxes & Customs New Delhi, dated 19th September, 2019 To, Principal Chief Commissioners / Principal Directors General, Chief Commissioners / Directors General, all under CBIC Madam/Sir, Subject: Clarification regarding duty drawback allowed in cases of short realisation […]

SEBI constitutes working group on ‘Social Stock Exchanges’

September 19, 2019 723 Views 0 comment Print

Finance Minister as part of the Budget Speech for FY 2019-20 had proposed to initiate steps towards creating a social stock exchange, under the regulatory ambit of Securities and Exchange Board of India, for listing social enterprise and voluntary organizations.

Online filing & Issuance of Preferential Certificate of Origin through Common Digital Platform

September 19, 2019 10134 Views 0 comment Print

A new online platform for issuance of Preferential Certificate of Origin has been developed which would be a single-point access for all FTAs/PTAs, for all designated CoO issuing agencies and for all export products.

Reg. Anti-Dumping Duty imposed on imports of Jute Products – Final Findings

September 19, 2019 1032 Views 0 comment Print

New Shipper Review under Rule 22 of Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 pertaining to Anti-Dumping Duty imposed on the imports of Jute Products viz – Jute Yarn/Twine (multiple folded/cabled and single), Hessian Fabric and Jute Yarn originating in or exported from Bangladesh, as requested by M/s Roman Jute Mills Ltd. (Producer/Exporter) and M/s SMP International LLC (Exporter/Trader), USA initiated on 27.03.2018.

CBIC notifies Rate of Exchange of Foreign Currencies wef 20.09.2019

September 19, 2019 1731 Views 0 comment Print

Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 20th September, 2019 notified vide Notification No. 66/2019–Customs (N.T.) dated 19th September, 2019. Government Of India Ministry Of Finance (Department Of Revenue) (Central Board Of Indirect Taxes And Customs) Notification No. 66/2019 – Customs (N.T.) New Delhi, dated the 19th September, 2019 In exercise of the […]

Imports of Maize (feed grade) under TRQ Scheme for 2019-20

September 19, 2019 711 Views 0 comment Print

The quota of 4 Lakh MT is distributed amongst MMTC and NAFED, equally. Therefore, MMTC is allocated total quantity of 2 Lakh MT and 2 Lakh MT is allocated to NAFED under the TRQ Scheme for 2019-20, subject to the conditions mentioned in Trade Notice No.25 dated 09.07.2019.

Top 17 issues to consider While Preparing ITR for Business

September 19, 2019 10356 Views 1 comment Print

Ensure a hassle-free ITR preparation for your business with these top 17 key considerations. Avoid incorrect processing or defective notices by accurately filling out Part A General.

HC allows Petitioner to rectify GST Returns (GSTR-1 & GSTR-3B)

September 19, 2019 1611 Views 0 comment Print

Petitioner-Assessee has to file his annual return for the Assessment Year 2017-18 by 31.8.2019 under the CGST and HGST. However, it is handicapped on account of inadvertent mistakes/errors having occurred while filing statutory fowls GSTR-1 and GSTR-3B, which can be corrected in view of legal provisions, however, same are not being accepted by official portal of the department.

SEBI amends ICDR Regulations to include SR equity shares

September 19, 2019 17931 Views 0 comment Print

SEBI has vide notification dated July 29, 2019 notified SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2019. The Amendment Regulations deal with issue of shares with differential voting rights.

Representation on taxability of inter branch services of different State

September 19, 2019 7299 Views 2 comments Print

KSCA has made a Representation on taxability of services provided by an office of an organisation in one State to the office of that organisation in another State to Smt. Nirmala Sitharaman, Hon. Union Minister of Finance. Karnataka State Chartered Accountants Association Dated: 18th September 2019 To, Smt. Nirmala Sitharaman Hon. Union Minister of Finance […]

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