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Archive: 18 May 2020

Posts in 18 May 2020

Notification No. 44/2020-Customs (N.T.), Dated: 18.05.2020

May 18, 2020 2538 Views 0 comment Print

Appointment of Common Adjudicating Authority (CAA) in case of M/s Shilpa Medicare Ltd & ors. vide Notification No. 44/2020-Customs (N.T.), Dated : 18.05.2020 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION No. 44/2020-Customs (N.T.) New Delhi, the 18th May, 2020 S.O. 1516(E).— In exercise of the powers conferred by […]

Notification No. 43/2020-Customs (N.T.), Dated : 18.05.2020

May 18, 2020 963 Views 0 comment Print

Appointment of Common Adjudicating Authority (CAA) in case of M/s L & T Hydrocarbon Engineering Ltd & ors. vide Notification No. 43/2020-Customs (N.T.), Dated : 18.05.2020 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 18th May, 2020 Notification No. 43/2020-Customs (N.T.) S.O. 1515(E).In exercise of the […]

Lower EPF rates applicable on salary for May, June & July 2020

May 18, 2020 21909 Views 1 comment Print

Lower rate of EPF subscription 10% with EPFO notified placing higher liquidity in the hands of employees and employers during COVID -19 pandemic. Government Sector, their PSEs and establishment whose subscription is being borne by Union Government under PMGKY continue to have subscription at old rates of 12%. Lower rates to be applicable for salary months of May, June and July 2020.

Foreign Investment in insurance intermediaries

May 18, 2020 1836 Views 0 comment Print

Attention of the insurance intermediaries is drawn to Notification of the Foreign Exchange Management (Non-Debt Instruments) (Second Amendment) Rules, 2020 issued by Department of Economic Affairs, Ministry of Finance, GOI (copy enclosed as Annexure – II).

Exporter liable to pay fine for violation of terms of DFCE Scheme

May 18, 2020 819 Views 0 comment Print

The issue under consideration is whether the imposition of cost of one lakh rupees on an exporter for the blatant violation of the Duty-Free Credit Entitlement Scheme (DFCE) is justified in law?

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