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Archive: 11 August 2020

Posts in 11 August 2020

Anti-dumping Duty on flax fabrics import extended by 3 Months

August 11, 2020 516 Views 0 comment Print

CBIC amends No. 39/2015-Customs (ADD) dated 12th August, 2015 to extend the levy of Anti-dumping Duty (ADD) on flax fabrics imported from China and Hong Kong for a period of 3 months vide Notification No. 23/2020-Customs (ADD) dated 11th August, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 23/2020-Customs (ADD) New […]

Keshav Chandra appointed as Director in SFIO under MCA

August 11, 2020 4434 Views 0 comment Print

Central Government hereby appoints Shri Keshav Chandra, IAS (AGMUT: 1995) as Director in the Serious Fraud Investigation Office (SFIO) under Ministry of Corporate Affairs, with effect from the forenoon of 03.08.2020, for an overall tenure of five years up to 17.12.2022 or until further orders, whichever is earlier.

Supply of essential commodities to Maldives during 2020-21 permitted

August 11, 2020 756 Views 0 comment Print

Export of Eggs, Potatoes, Onions, Rice, Wheat Flour, Sugar, Dal, Stone Aggregates and River Sand has been permitted to the Republic of Maldives under bilateral trade agreement between Government of India and Government of Maldives during the period 2020-21 as per the quantities indicated in the Table at Para 1 above. The export of above […]

Notification No. 36/2020-Customs (N.T./CAA/DRI), Dated: 11.08.2020

August 11, 2020 519 Views 0 comment Print

CBIC notifies Common Adjudicating Authority vide Notification No. 36/2020-Customs (N.T./CAA/DRI), Dated: 11.08.2020. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) NOTIFICATION New Delhi, the 11th August, 2020 Notification No. 36/2020-Customs (N.T./CAA/DRI) S.O. 2779(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th […]

Reassessment not sustainable when reasons for initiation of proceedings Seized to Survive

August 11, 2020 960 Views 0 comment Print

Aince the AO has accepted the returned income for which reasons were recorded, therefore, for making any other addition, he should have issued fresh notice

Are you irregular in filing US Individual tax returns?

August 11, 2020 1329 Views 0 comment Print

Are you irregular in filing US Individual tax returns? Current guidelines to solve them It is once or many times US Citizen or permanent residents (Green Card Holders) ring me about the instances of their passport being held up by American embassy officials or being asked about their filing US Tax returns for global income […]

Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2020

August 11, 2020 2970 Views 0 comment Print

Reserve Bank’s power to permit export or import of currency: Notwithstanding anything contained in these regulations, the Reserve Bank may, on an application made to it and on being satisfied that it is necessary to do so, allow any person to take or send out of India to any country or bring into India from any country currency notes of Government of India and /or of Reserve Bank of India subject to such terms and conditions as the Reserve Bank may stipulate.

Processing of complaints only through scores: SEBI

August 11, 2020 1128 Views 0 comment Print

On June 8, 2011, SEBI commenced a web based centralized grievance redress system called as SEBI Complaints Redress System or SCORES. SCORES is a platform designed to help investors to lodge their complaints online with SEBI, pertaining to securities market, against listed companies, SEBI registered intermediaries and SEBI recognized Market Infrastructure Institutions.

DGFT amends import policy conditions for imports of various chemicals

August 11, 2020 6777 Views 0 comment Print

The notification amends the policy conditions for imports of various chemicals in Chapters 29. 38 and 39 of ITC (HS), 2017, Schedule — I (Import Policy). a. Importers of chemicals specified at S. Nos. 1 to 15 needs to submit a copy of the Bill of Entry within 30 days to the Ozone Ministry of […]

Post offices to include Aadhaar column in Account Opening Form

August 11, 2020 570 Views 0 comment Print

Competent authority has decided to incorporate column for Aadhaar Seeding in Application for Opening of Account /Purchase of Certificate form for benefits of the depositors and ease of operation.

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