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Circulars

MSME sector: Eligibility for loan restructuring without GST-registration

February 22, 2019 1125 Views 0 comment Print

It is clarified that the eligibility for restructuring without GST-registration, as per the circular under reference, should be determined on the basis of exemption limit obtaining as on the date of the aforesaid circular, i.e., January 1, 2019.

Discontinuation of printing of Advance & EPCG Authorisations- Reg.

February 21, 2019 1260 Views 0 comment Print

Circular No. 07/2019-Customs F.No.605/30/2015-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Indirect Taxes and Customs (Drawback Division) **** 4th Floor, Jeevan Deep Building, Parliament Street, New Delhi Dated 21st February, 2019 To All Principal Chief Commissioners/ Chief Commissioners of Customs/Customs (Preventive)/Customs & Central Tax All Principal Directors General/Directors General under […]

Extension of last date of filing initial return in MSME Form I

February 21, 2019 37299 Views 2 comments Print

Thirty days period for filing initial return in MSME Form 1 as specified in  Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019 dated 22.01.2019  shall be reckoned from the date the said e-form is deployed on MCA 21 portal instead of thirty days from the date of publication […]

Revised Haircut on Central Govt Securities accepted as Collateral

February 21, 2019 2016 Views 0 comment Print

It has been decided to revise the minimum haircuts applicable to the Central Government securities deposited by clearing members. Accordingly, Para 2 of Annexure – I to the Circular stands modified as far as it relates to the haircut on Central Government Securities, as under:

Interest Subvention Scheme for MSMEs

February 21, 2019 5634 Views 0 comment Print

The Scheme aims at encouraging both manufacturing and service enterprises to increase productivity and provides incentives to MSMEs for onboarding on GST platform which helps in formalization of economy, while reducing the cost of credit. The Scheme will be in operation for a period of two financial years FY 2019 and FY 2020.

CBIC Rescinds Circular No. 132/95-Customs dated 22.12.1995

February 20, 2019 1131 Views 0 comment Print

Board vide its Circular No. 35/2016-Customs dated 29thJuly, 2016, has already removed the mandatory warehousing requirements for EOUs, STPIs, EHTPs etc. Further, the said Circular clarified that all these units shall stand delicensed as warehouses under Customs Act, 1962, with effect from 13th August, 2016. Therefore, section 65 of the Customs Act, is no longer applicable to EOUs, STPIs, EHTPs etc. In view of above, the Circular-132/95-Customs dated 22″d December, 1995, is rescinded to avoid any misinterpretation.

Amendments to All Industry Rates of Duty Drawback wef 20.02.2019

February 20, 2019 9018 Views 1 comment Print

Government has made certain amendments in the AIRs of Duty Drawback vide Notification No. 12/2019-Customs (N.T.) dated 16.02.2019. These changes are effective from 20.02.2019.

BSE Circular on Deficiencies in disclosures related to Pledge of Shares

February 19, 2019 1173 Views 0 comment Print

Bombay Stock Exchange Circulars to Listed Companies LIST/COMP/43/2018-19 February 19, 2019 Dear Sir/Madam, Subject: Deficiencies in disclosures related to Pledge of Shares Regulation 31 of SEBI (Substantial Acquisition of shares and takeovers) Regulation, 2011 requires the promoter of every company to disclose the details of shares in that company, when the shares held by these promoters […]

NSE Circular on Deficiencies in disclosures related to Pledge of Shares

February 18, 2019 555 Views 0 comment Print

You are requested to intimate your promoters to comply with the SEBI (Substantial Acquisition of shares and takeovers) Regulation, 2011 and SEBI Circular dated August 05, 2015 for any filing made by your Promoters henceforth.

Investment by Foreign Portfolio Investors (FPI) in Debt

February 15, 2019 678 Views 0 comment Print

As announced in paragraph 10 of the Statement on Developmental and Regulatory Policies of the Sixth Bi-monthly Monetary Policy Statement for 2018-19 dated February 07, 2019, in order to encourage a wider spectrum of investors to access the Indian corporate debt market, it has been decided to withdraw this provision with immediate effect.

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