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Allocation of additional quantity for export of sugar to USA under TRQ

April 17, 2020 261 Views 0 comment Print

Additional quantity of 745 MTRV (Seven Hundred and Forty-Five Metric Ton Raw Value) of raw cane sugar, for export to USA, under TRQ, up to 30.09.2020, has been notified.

Amendment in Export Policy of formulations made from Paracetamol

April 17, 2020 2127 Views 0 comment Print

The Notification  No. 50/2015-20  dated 03.03.2020  is  further  amended  to the  extent  that  the formulations made from Paracetamol (including FDCs) under any ITCHS Code, including the ITCHS Code mentioned above, are made “Free” for export, with immediate effect. However, Paracetamol APIs will remain restricted for export.

Draft IBBI (Liquidation Process) (Second Amendment) Regulations, 2020

April 17, 2020 675 Views 0 comment Print

1. (1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2020. (2) They shall come into force on the 17th April, 2020.

Executive Summary of Draft Valuers Bill, 2020

April 16, 2020 10086 Views 4 comments Print

Executive Summary of Draft Valuers Bill, 2020- Report of the Committee of Experts to Examine the Need for an Institutional Framework for Regulation and Development of Valuation Professional- VOLUME I – April, 2020

Import of additional quota of Urad for fiscal year 2019-20

April 16, 2020 291 Views 0 comment Print

Inter – Ministerial Committee to review the prices of Agricultural commodities to extend the deadline for import of additional 2.5 Lakh MT of Urad to 15th May, 2020 i..e imports should arrive at Indian Ports before 15th May, 2020.

DGFT notifies Import quantity of peas for fiscal year 2020-21

April 16, 2020 1416 Views 0 comment Print

DGFT  notifies the quantity of each category of peas, for fiscal year 2020-2021 vide notification no. S.O. 1260(E) dated 16th April, 2020. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 16th April, 2020 S.O. 1260(E).—In  exercise  of  powers  conferred  by  section  3  of  the  Foreign  Trade (Development and Regulation) Act, 1992 […]

Statewise Income Tax collection Target for FY 2020-21 allocated by CBDT

April 16, 2020 5295 Views 0 comment Print

The Budget target for each cadre-controlling Pr. CCIT has been fixed keeping in view the revenue potential of the Region, which is based on the weighted average growth rate of net collections of last three years, giving highest weight to the immediately preceding year

Anti-dumping duty on import of Acetone

April 15, 2020 1272 Views 0 comment Print

Notification No. 07/2020-Customs (ADD) dated 15th April 2020- Seeks to extend anti-dumping duty on import of Acetone originating in or exported from Korea RP, Saudi Arabia and Chinese Taipei till 14th October, 2020.

Tariff Notification No. 38/2020-Customs (N.T.), Dated: 15.04.2020

April 15, 2020 2934 Views 0 comment Print

Notification No. 38/2020-Customs (N.T.), Dated: 15.04.2020 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION NO. 38/2020-CUSTOMS (N.T.) New Delhi, the 15th April, 2020 S.O. 1257 (E).—In exercise of the powers […]

Manner of Continuation of MEIS for shipments on or after 01.04.2020

April 15, 2020 2595 Views 0 comment Print

a) Benefits under MEIS for any item/tariff line /HS Code currently listed in Appendix 3B, Table 2 (MEIS Schedule) will be available only up to 31.12.2020; b) Prior to 31.12.2020, as and when an item/tariff line/HS code is notified to be covered under RoDTEP Scheme, it would at the same time be removed from coverage under MEIS;

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