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CBIC issues ITC refund under GST of Rs. 2800 crore in 10 days

April 13, 2020 1026 Views 0 comment Print

M. Ajit Kumar, Chairman Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110 001 Tel. No. +91-11-23092849, Fax No. : +91-11-23092890 E-mail : ajit.m@gov.in Date: 13th April 2020 D.O.No. 10/CH(IC)/2020 Dear Colleague The past week has been one where the department has enhanced its credentials as a […]

COVID-19- Liability of employers to remunerate its employees- Legal Opinion

April 11, 2020 24288 Views 0 comment Print

The Querist has sought opinion with respect to the liability of the employers to remunerate its employees in light of situations like the present spread of pandemic namely COVID-19, owing to which the Central Government has declared a lockdown of 21 days starting from 25.03.2020, which eventually has lead to cessation of work or adversely affected the output of the industry/companies.

Relax Regulation for Depositories and Participants: ICSI

April 10, 2020 1731 Views 0 comment Print

ICSI Request for relaxation from compliance with the provisions of Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018

Interest liability for filing Form GSTR-3B and other relief measures

April 10, 2020 3072 Views 0 comment Print

Summary of Measures by CBIC to provide relief to taxpayers in view of COVID-19 pandemic- which includes relief from Interest liability for delayed of filing Form GSTR-3B, Extension in Due dates of GSTR 5. GSTR 6. GSTR 7. GSTR 8, Relief to Composition Taxpayers, Extension of validity period of E-way Bill (EWB) and Waiver of […]

Covid 19- Trade Friendly Initiatives by CBIC

April 9, 2020 1119 Views 0 comment Print

COVID – 19- TRADE FRIENDLY INITIATIVES BY CBIC 1. 24*7Custorris Clearances of Goods to avoid any supply disruptions 2. Custom formations ore working for clearance of both import & export cargo. Assessment, examination and ancillary work such as bond acceptance, warehousing, port clearance, amendment to documents is happening smoothly. 3. Dedicated Novel Corona Virus helpdesk for […]

FAQs on Power Grid operations during light out

April 8, 2020 801 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 1551 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 846 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 3006 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 768 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.

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