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RBI notifies Limits for FPI investment in Corporate bonds for FY 2021-22

March 31, 2021 732 Views 0 comment Print

The limits for FPI investment in Corporate bonds shall remain unchanged at 15% of outstanding stock of securities for FY 2021-22. Accordingly, the revised limits for FPI investment in corporate bonds, after rounding off, shall be as under

C.O. cannot be dismissed for dismissal of Revenue’s appeal on account of low effect

March 31, 2021 867 Views 0 comment Print

Narendra Kumar Khandelwal Vs ITO (ITAT Jaipur) We have considered the rival contentions and carefully perused the material available on record as well as order passed by the Tribunal in the main appeal. From the record, we found that the Tribunal vide consolidated order dated 18/12/2015 had dismissed the appeals of the Revenue as well […]

Standard products on Fire and Allied perils insurance business

March 31, 2021 726 Views 0 comment Print

On 4th January, 2021, the Authority had announced the launch of the following three standard products by all general insurers carrying on the business of Fire and Allied perils insurance business, with effect from 1st April, 2021

Notification No. 38/2021-Customs (N.T.), Dated 31st March, 2021

March 31, 2021 2892 Views 0 comment Print

Customs Tariff (Determination of Origin of Goods under the Comprehensive Economic Cooperation and Partnership Agreement between the Republic of India and the Republic of Mauritius) Rules, 2021. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi Notification No. 38/2021-Customs (N.T.)  Dated: 31st March, 2021 G.S.R. 239(E).– […]

Tariff Notification No. 37/2021-Customs (N.T.) Dated: 31.03.2021

March 31, 2021 1362 Views 0 comment Print

Tariff Notification No. 37/2021-Customs (N.T.) Dated: 31st March, 2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi, Notification No. 37/2021-Customs (N.T.), Dated: 31st March, 2021 S.O. 1419(E).—In exercise […]

Faceless Appeal (Amendment) Scheme, 2021

March 31, 2021 4767 Views 0 comment Print

Faceless Appeal (Amendment) Scheme, 2021: CBDT has vide Notification No. 26/2021-Income Tax renamed National e-Assessment Centre as National Faceless Assessment Centre.

IGST & Compensation Cess exemption on goods imported against AA/EPCG

March 31, 2021 2604 Views 0 comment Print

Seeks to extend the exemption from Integrated Tax and Compensation Cess upto 31.03.2022 on goods imported against AA/EPCG authorizations vide Notification No. 23/2021-Customs dated 31st March, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st March, 2021 Notification No. 23/2021-Customs G.S.R. 232(E).—In exercise of the powers conferred by sub-section (1) of section 25 […]

Health cess exemption on specified parts of x-ray machines

March 31, 2021 804 Views 0 comment Print

Seeks to amend Notification No. 08/2020-Customs, dated 02.02.2020 to continue health cess exemption on specified parts of x-ray machines as per PMP of x-ray machines MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st March, 2021 Notification No. 22/2021–Customs G.S.R. 237(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the […]

List of authorised agencies to issue CoO (Preferential) for India-Mauritius CECPA notified

March 31, 2021 591 Views 0 comment Print

DGFT hereby amends Appendix 2B [List of Agencies Authorised to issue Certificate of Origin (Preferential)] of the Foreign Trade Policy, 2015-2020 by including the list of authorised agencies allowed to issue CoO for India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA)

No fee shall be charged on application for updation of IEC

March 31, 2021 16857 Views 0 comment Print

DGFT notifies that No fee shall be charged on application for updation of IEC between April -June of each year. Public Notice No. 49/2015-20 Dated 31st March, 2021 Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi -110 011 Public Notice No. 49/2015-20 Dated […]

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