"26 March 2021" Archive - Page 3

CAG reports deficiencies in GST Refund, Returns & E-Way Bill module

Absence of adequate controls, risk of claiming refund on unverified ITC and deficiencies in integration of GST Portal with the Indian Customs EDI Systems (ICES) application for IGST refund on export of goods resulted in following deficiencies in Refund module:...

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CAG finds 192 cr of unauthorised payment of idle salary etc in J&K

Part-I comprising of Chapters-1 and 2, covers audit findings of eight Government departments and contains nine paragraphs involving Rs. 192.47 crore relating to Management of Bank accounts, unfruitful expenditure, unauthorised payment of idle salary etc....

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Special Clearing operations by Banks on March 31, 2021

RBI/2020-21/114 DPSS.CO.RPPD.No./SUO 28065/03.01.02/2020-21 26/03/2021

It is mandatory for all banks to participate in the special clearing operations on March 31, 2021. All the member banks under the respective CTS Grids are required to keep their inward clearing processing infrastructure open during the Special Clearing hours and maintain sufficient balance in their clearing settlement account to meet sett...

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Budget Session of Parliament adjourns sine die- 18 Bills Passed

The Budget Session, 2021 of Parliament, which commenced on Friday, 29th January 2021, has been adjourned sine die today i.e. Thursday, 25 March 2021....

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Govt notifies Annual Quota of 4 Lakh MT of Urad for fiscal year 2021-22

Notification No. S.O. 1372(E) 26/03/2021

Annual Quota of 4 Lakh MT of Urad for the fiscal year 2021-22 is notified and will be allowed to be imported by Millers/ Refiners/ Traders. The same will be distributed equally to a pre-determined number of applicants through an algorithm based lottery system....

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Govt impose anti-dumping duty on imports of 2-Ethyl hexanol

Notification No. 17/2021-Customs (ADD) [G.S.R. 215(E).] 26/03/2021

Seeks to impose anti-dumping duty on imports of 2-Ethyl hexanol originating in or exported from European Union, Indonesia, Korea RP, Malaysia, Taiwan and United States of America for a period of 5 years. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 26th March, 2021 Notification No. 17/2021-Customs (ADD) G.S.R. 215(E).—Wher...

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CBIC rescinds notification No. 10/2016-Customs (ADD) dated 29.03.2016

Notification No. 16/2021-Customs (ADD) [G.S.R. 214(E)] 26/03/2021

Central Government hereby rescinds notification No. 10/2016-Customs (ADD), dated the 29th March, 2016, except as respects things done or omitted to be done before such rescission. Notification No. 16/2021-Customs (ADD)  Dated: 26th March, 2021 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 26th March, 2021 Notification No. 16...

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Anti-Dumping Duty on Tyre Curing Presses to continue till 30.09.2021

Notification No. 15/2021-Customs (ADD) [G.S.R. 213(E).] 26/03/2021

Reg. Continuation of anti-dumping duty on imports of ‘Tyre Curing Presses also known as Tyre Vulcanisers or Rubber Processing Machineries for tyres, excluding Six Day Light Curing Press for curing bi-cycle tyres’ falling under 8477 51 00 of the First Schedule to the Customs Tariff Act, originating in or exported from Peoples...

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Extension of Validity of documents related to Motor Vehicles

Notification No. RT-11036/35/2020-MVL 26/03/2021

Please refer to the order by Ministry of Home Affairs vide No.40-3/2020-DMI(A), dated 24th March 2020, and the guidelines issued subsequently, pursuant to a decision to impose a complete lock down in view of the threat imposed by the spread of COVID-19....

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CBDT notifies New Income Tax Rules & Forms for Trust & NPOs

Notification No. 19/2021-Income Tax/G.S.R. 212(E). 26/03/2021

CBDT issues Notification no. 19/2021 dated 26/03/2021 pertaining to procedure for registration of fund/ trust/charitable institutions etc. All institutions, funds etc covered under clause (i) and (iv) of first proviso to section 10(23C), fifth proviso to section 35(1), clause (i) and (iv) of first proviso to section 80G(5) and sub-clause ...

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