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Weekly newsletter from Chairman, CBIC Dated 19.04.2021

April 19, 2021 471 Views 0 comment Print

Customs officers at the IGI Airport intercepted and arrested two individuals coming from abroad and seized 14 Kgs of a white substance prima facie confirmed found to be Heroin. Officers in Lucknow, in two different cases made at the Lucknow International Airport, seized gold weighing about 2.3 Kgs valued at Rs. 1.13 crore and 33 Gold Biscuits weighing 3.8 Kgs and valued at Rs. 1.89 crore.

Interest Rate on General Provident Fund for Q1 of FY 2021-22

April 19, 2021 24153 Views 0 comment Print

Rate of Interest on General Provident Fund (GPF) and other similar funds including Special Deposit Schemes, 1975 (SDS, 1975) for non-Government Provident, Superannuation and Gratuity Funds for first Quarter of financial year 2021-22.

Pharma companies reduces prices of major brands of Remdesivir

April 17, 2021 1308 Views 0 comment Print

On the intervention of the Government, the major manufacturers/marketers of ‘Remdesivir injection’ have reported voluntary reduction in Maximum Retail Price (MRP). The revised prices of major brands of ‘Remdesivir injection 100mg/Vial’ are as follows:

CBIC issued advisory on issue of SCN considering SC judgment in Canon India

April 16, 2021 7728 Views 0 comment Print

F.No. 450/72/2021-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Custom) ***** Room No. 227B, North Block, New Delhi Dated: 16th April 2021 To, The Principal Additional Director General, Directorate of Revenue Intelligence (DRI), New Delhi Sub:-  Hon’ble  Supreme  Court’s larger bench judgment  dated 09.03.2021 in the […]

Guidance note on Regulations 50(3) & 51(2) of Listing Regulations

April 15, 2021 4842 Views 0 comment Print

Guidance Note of the Exchange with respect to the Regulations 50(3) and 51 (2), Schedule III, Part B, Item 15 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations).

Weekly newsletter from Chairman, CBIC dated 12/04/2021

April 12, 2021 1164 Views 0 comment Print

There has been encouraging news from Kolkata on the trade facilitation front. On the 7th of April, our officers cleared the second riverine protocol route for exports from Bangladesh to India. A barge laden with 40,000 cartons of food products started its journey from Palash in Bangladesh and reached Kolkata in eight days after travelling around 710 Kms on the inland waterway.

Weekly newsletter from Chairman, CBIC dated 05/04/2021

April 5, 2021 924 Views 0 comment Print

You would be aware by now that the GST revenue has reached nearly Rs. 1.24 lakh crores in March, 2021, which is the highest revenue collected in a month since the inception of GST in 2017.

Govt withdraws reduction in Small Saving interest Rates

April 1, 2021 1113 Views 1 comment Print

It has been decided that the rate of interest on various small savings schemes for the first quarter of FY 2021-22 starting from 01st April and ending on 30th June, 2021 shall remain unchanged from those notified for the fourth quarter (01.01.2021 to 31.03.2021) of the FY 2020-21.

Interest Rate on Small Saving Scheme reduced Sharply?

March 31, 2021 5691 Views 1 comment Print

Update on 01.04.2021 at 09.00 AM: Tweet by FM– Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021. Orders issued by oversight shall be withdrawn. Read: Govt withdraws reduction in Small Saving interest […]

Approval for manual issue of notice u/s 148 without DIN-Reg

March 31, 2021 6597 Views 0 comment Print

Government of India (Ministry of Finance) Department of Revenue Office of the Pr. Chief Commissioner of Income-Tax, Ground Floor, Aayakar Bhawan, 48, Arera Hills, Bhopal – 462011 Tel No: 0755-2525318, Fax No: 0755-2559547 F. No. Pr. CCIT/MP & CG/Tech/148/2020-21 Date : 31/03/2021 To The Pr. Commissioner of Income Tax -I, Bhopal, The Pr. Commissioner of […]

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