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Tariff Notification No. 57/2020-Customs (N.T.), Dated: 15.07.2020

July 15, 2020 4062 Views 0 comment Print

Tariff Notification No. 57/2020-Customs (N.T.), Dated: 15.07.2020 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 57/2020-CUSTOMS (N.T.) New Delhi, 15th July, 2020 24 Ashadha, 1942 (SAKA) […]

Consumer Protection (Central Consumer Protection Council) Rules, 2020

July 15, 2020 6024 Views 0 comment Print

(1) These rules may be called the Consumer Protection (Central Consumer Protection Council) Rules, 2020. (2) They shall come into force on the 20th day of July,2020.

ICAI- Advanced ICITSS -Adv. IT Test – Home Based Mode

July 15, 2020 1893 Views 0 comment Print

It has been decided to conduct Advanced ICITSS – Adv. IT Test – Home Based Mode on the following date only for those who have cleared / will be clearing their Advanced ITT training requirements as on 01-08-2020 and have passed Final exams held between May 2015 to Nov 2019 and have not yet passed the Advanced Information Technology Test.

Educational Material on Ind AS 38, Intangible Assets

July 15, 2020 2346 Views 0 comment Print

Ind AS 38 prescribes the accounting treatment for intangible assets that are not dealt with specifically in another Ind AS. It sets out the criteria for recognising and measuring intangible assets and requires disclosures about them.

Indian Economy at a Crossroad: A view from Financial Stability Angle

July 15, 2020 1068 Views 0 comment Print

he outbreak of COVID-19 pandemic is unambiguously the worst health and economic crisis in the last 100 years during peace time with unprecedented negative consequences for output, jobs and well-being. It has dented the existing world order, global value chains, labour and capital movements across globe and needless to say, the socio-economic conditions of large section of world population.

Provide details of declarants willing to pay dues as per SVLDRS 3

July 14, 2020 3267 Views 1 comment Print

As per the data consolidated on the basis of the report received from DG (Systems) and the Zonal Chief Commissioners of CGST & CX, (copy enclosed), it is revealed that an amount of Rs. 3972.01 crores in respect of 23,781 ARNs is pending realisation as on 01.07.2020

Foreign Trade Agreements

July 14, 2020 3135 Views 0 comment Print

Indian government has entered as well as in process of entering into trade agreements across both developed and developing markets including FTA with ASEAN/Srilanka, PTA with Peru, Afghanistan, MERCOSUR, CEPA with Korea and Japan, CECA with Singapore and Malaysia and similar possibilities with Canada, Australia, EU, China etc.

Issues Faced in processing Manual GST Refund applications- RFD-01 A/B

July 14, 2020 852 Views 0 comment Print

The field officers have reported certain errors/issues in the RFD-01 B functionality. Since these issues were GSTN dependent ones and the same were taken up with GSTN for resolution. GSTN has recently fixed the following two errors/issues:

Provision of cashless facility to the policyholders

July 14, 2020 1080 Views 0 comment Print

Attention is drawn to the provisions of regulation 31 (d) of IRDAI (Health insurance) Regulations, 2016 wherein every general and health insurance company shall endeavour to enter into agreements with adequate number of both public and private sector network providers across the geographical spread.

Setting up of Turant Suvidha Kendra (TSK) for faceless assessment-reg

July 14, 2020 3219 Views 0 comment Print

TSK is being set up in JNCH with effect from 15.07.2020. This step is being taken in advance of the pan-India rollout of Faceless Assessment, which would be done in phases to be announced soon. TSK would be a dedicated cell manned by Customs officer to cater to functions and roles mentioned below:

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