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FAQs on Power Grid operations during light out

April 8, 2020 642 Views 0 comment Print

FAQs on Power Grid operations during light out Allays all doubts about grid instability Question 1: Are only domestic lights to be switched off or are street lights, common area lighting,  essential services etc lights also to be switched off between 9 – 9:09 pm? Answer:  Only domestic home lights in the houses have to be put […]

Relaxed procedures for In-bonding of goods imported under warehouse Bills of Entry

April 7, 2020 1248 Views 0 comment Print

On account of lockdown due to COVID-19, the physical submission of documents and undertaking is not possible. Therefore, the following procedures for In-bonding of the goods imported under warehouse Bills of Entry is laid down:

Temporary provision for filing IGM/EGM without submission of hard copy

April 7, 2020 678 Views 0 comment Print

Representations have been received form Shipping Lines/Consol Agents that during the present COVID19 situation, as a temporary measure the practice of submission of hard copy of IGM/EGM to the import noting section be not insisted to minimize human interaction.

Filling & Issuance of Preferential CoO for India’s Exports-Reg.

April 7, 2020 2421 Views 0 comment Print

Electronic filling and Issuance of Preferential Certificate of Origin for India’s Exports under various FTAs/PTAs w.e.f. 07th April 2020

Govt reduces Salary of Members of Parliament by 30% for one year

April 7, 2020 585 Views 0 comment Print

Salary payable to Members of Parliament under shall be reduced by thirty per cent for a period of one year commencing from the 1st April, 2020, to meet the exigencies arising out of Corona Virus (COVID-19) pandemic.

Comparison of Modified LLP Settlement Scheme, 2020 with Original

April 6, 2020 1767 Views 0 comment Print

MCA Modifies LLP Settlement Scheme, 2020 due to Corona Virus. A comparison between original and modified scheme Recently, the Ministry of Corporate Affairs which regulates the functioning of corporate sector in india had vide its General Circular No. 06/2020 dated March 04, 2020 launched a one time settlement scheme for the LLPs popularly known as […]

GST Covid-19 relief package, 7 GST notification Issued

April 6, 2020 2205 Views 0 comment Print

On the GST side, as part of the GST Covid- 19 relief package, seven GST notifications giving effect to the compliance-relief package announced by the Hon’ble Union Finance Minister have been issued. The package includes postponement of return filing, reduction of applicable interest rates, extending the period of SVLDRS, extending e-Way bill validity, etc.

Lower or nil deduction of TDS/TCS & Submission of Forms 15G & 15H

April 4, 2020 3399 Views 0 comment Print

Further, on payments to Non-residents (including foreign companies) having Permanent Establishment in India, where the above applications are pending, tax on payments made will be deducted at the subsidised rate of 10% including surcharge and cess, on such payments till 30.06.2020 of F.Y. 2020-21, or disposal of their applications, whichever is earlier (Order passed on 31.03.2020).

MHA blacklists 960 foreigners involved in Tablighi Jamaat activities

April 4, 2020 567 Views 0 comment Print

MHA blacklists 960 foreigners, present in India on tourist visas, for their involvement in Tablighi Jamaat activities; necessary legal action to be taken

Govt amends Export Policy of Hydroxychloroquine

April 4, 2020 639 Views 0 comment Print

The export of Hydroxychloroquine and formulations made from Hydroxychloroquine falling under any ITCHS Code, including the ITCHS Codes mentioned in the Notification No. 54 dated 25.3.2020 is no longer allowed from SEZA/E0Us or against Advance Authorisation or under the Para 1.05(b) of Foreign Trade Policy 2015-20 or against full advance payment as specified in Para […]

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