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SEBI extends Implementation of provision regarding POA

May 29, 2020 810 Views 0 comment Print

Provision as specified in paragraph 4 of the SEBI circular dated February 25, 2020 regarding holding of Power of Attorney by TM / CM not to be considered as equivalent to the collection of margin by TM / CM in respect of securities held in the demat account of the client, shall be applicable from June 01, 2020.

Amendment in Export Policy of Paracetamol API

May 28, 2020 1008 Views 0 comment Print

The Notification No. 50/2015-20 dated 03.03.2020 is further amended to remove restriction on export of Paracetamol APIs, making its export free with immediate effect.

Special drive to dispose applications for fixation of Brand Rate of Duty Drawback

May 28, 2020 852 Views 0 comment Print

CBIC had initiated a special refund and drawback disposal drive from 09.04.2020 to 30.04.2020 with the objective of priority processing and disposal of all pending refund and drawback claims so as to provide immediate relief to the business entities and especially MSMEs.

All about filing of Form GST ITC-02 with FAQs

May 27, 2020 183372 Views 29 comments Print

FAQs on Filing of Form GST ITC-02 Q 1. What are the pre-conditions for filing of ITC declaration in FORM GST ITC-02? Ans: The following conditions must be met for being eligible to file the FORM GST ITC-02: 1. In case any registered entity undergoes sale, merger, de-merger, amalgamation, lease or transfer, the acquired entity […]

Withdrawal of waiver of late fee for delayed filing of Bill of Entry

May 27, 2020 2196 Views 0 comment Print

The general waiver of late filing charges will not be available with respect to Bill of Entry for IGMs where entry inwards date is after 31.05.2020. In respect of Bill of Entry filed for IGMs where entry inwards date is upto 31.05.2020, the general waiver shall cease to be available to Bill of Entry filed after 08.06.2020.

Govt notifies public utility services under Industrial Disputes Act, 1947

May 27, 2020 8661 Views 1 comment Print

Central Government is satisfied that public interest so requires that the services engaged in the coal industry, services of the industry engaged in the processing or production or distribution of fuel gases (coal gas, natural gas and the like), services in the Transport (other than railways) for the carriage of passengers or goods, by land […]

Govt imposes Anti-dumping duty on imports of Electronic Calculators

May 27, 2020 951 Views 0 comment Print

Seeks to levy definitive anti-dumping duty on imports of ‘Electronic Calculators of all types excluding calculators with attached printers, commonly referred to as printing calculators; calculators with ability to plot charts and graphs, commonly referred to as graphing calculators; programmable calculators’,originating in, or exported from, People’s Republic of China for a period of five years, […]

Anti-Dumping Investigation initiated on imports of Rubber Chemical PX-13

May 27, 2020 2013 Views 0 comment Print

Case No. ADD-OI-17/2020- Initiation of Anti-Dumping Investigation concerning imports of Rubber Chemical PX-13 from China PR, Korea RP and USA.

Section 10(46) exemption to Uttarakhand Environment Protection & Pollution Control Board

May 27, 2020 2079 Views 0 comment Print

Notification No. 28/2020- Central Government notifies ‘Uttarakhand Environment Protection & Pollution Control Board’, Dehradun (PAN AAALU0160D), a Board constituted by the Government of Uttarakhand, in respect of the following specified income arising to that Board, under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New […]

Corrigenda to Notification No. 36/2019-Customs, dated 30.12.2019

May 27, 2020 4536 Views 0 comment Print

Government has notified Corrigenda to Notification No. 36/2019-Customs, dated 30.12.2019. Notification No. 36/2019-Customs was issued to amend Customs Tariff notifications so as to align them with amended Customs Tariff. MINISTRY OF FINANCE (Department of Revenue) CORRIGENDA New Delhi, the 27th May, 2020 G.S.R. 316(E).— In the notification of the Government of India, in the Ministry […]

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