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Archive: 29 October 2020

Posts in 29 October 2020

CG borrows & transfers Rs. 6,000 crore to 16 States as GST compensation

October 29, 2020 279 Views 0 comment Print

The Government of India has evolved a special borrowing window to addressthe shortfall in the GST collection during the year 2020 – 2021. 21 States and 2 Union Territories opted for this special window involving back-to-back borrowing coordinated by the Ministry of Finance.

Investigation on anti-dumping duty on imports of ‘Nylon Tyre Cord Fabric’

October 29, 2020 1314 Views 0 comment Print

Case No-SSR-10/2019 Sunset Review investigation concerning anti-dumping duty on imports of ‘Nylon Tyre Cord Fabric’ originating in or exported from China PR.

No Anti-Profiteering penalty between the period 01.07.2017 to 31.12.2018

October 29, 2020 366 Views 0 comment Print

Suresh Kumar Gupta Vs Nirala Projects Pvt. Ltd. (NAA) It is revealed from the perusal of the CGST Act and the Rules framed under it that the Central Government vide Notification No. 01/2020-Central Tax dated 01.01.2020 has implemented the provisions of the Finance (No. 2) Act, 2019 from 01.01.2020 vide which sub-section 171 (3A) was […]

18 more individuals declared as terrorists under Unlawful Activities (Prevention) Act, 1967

October 29, 2020 549 Views 0 comment Print

Under the strong and iron-willed leadership of the Prime Minister, Shri Narendra Modi, the Central Government had amended the Unlawful Activities (Prevention) Act, 1967 in August 2019, to include the provision of designating an individual as a terrorist. Prior to this amendment, only organizations could be designated as terrorist organizations.

Anti-dumping duty on imports of PVC Paste/Emulsion Resin

October 29, 2020 4449 Views 0 comment Print

Mid-Term Review limited to change of name of producer/exporter from Korea RP regarding anti-dumping duty imposed on imports of Poly Vinyl Chloride (PVC) Paste/Emulsion Resin originating in or exported from Korea RP, Taiwan, China PR, Malaysia, Thailand, Russia and European Union- Amendment to the final finding notification no. 15/19/2014-DGAD dated 26th April, 2016.

Custom Duty exemption on specified medicines under PAPs

October 29, 2020 858 Views 0 comment Print

Seeks to further amend notification No. 16/2017-Customs dated 20th April, 2017, which provides exemption to specified medicines under certain Patient Assistance Programmes (PAPs) run by pharmaceutical companies. Notification No. 41/2020-Customs dated 29th October, 2020 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 41/2020-Customs New Delhi, the 29th October, 2020 G.S.R. …(E). – […]

IBBI notifies Format for Serving a Copy of Application for Initiation of CIRP

October 29, 2020 2346 Views 0 comment Print

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi – 110 001 Circular No. IBBI/LAD/35/2020 Dated: 29th October, 2020 To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professional Agencies (By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir, […]

Draft Industrial Relation (Central) Rules, 2020

October 29, 2020 4026 Views 0 comment Print

(i) These rules may be called The Draft Industrial Relation (Central) Rules, 2020. (i) They extend to whole of India including Union territories except Union Territories which have their respective legislature in respect to the industrial establishments and matters for which the Central Government is the appropriate Government.

DGFT deletes SION No. A-468 of Chemical & Allied Product Group

October 29, 2020 762 Views 0 comment Print

The Standard Input Output Norms (SION) for the export product – 4,4 Diamino Diphenyl Amine -2- Sulphonic Acid are published in HBP Vol. II at two places, that is, at A-465 and A-468. The norms at SION A-465 are more precise. Hence. the norms at SION A-468 is deleted with immediate effect. Public Notice No. […]

IBBI invites EOI from prospective eligible institutions for conducting Graduate Insolvency Programme

October 29, 2020 633 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) invites Expression of Interest (EoI) from eligible institutions for being considered for conducting a two-year Graduate Insolvency Programme (GIP) on regular basis.

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