NCLT forms 12th bench in Cuttack for matters of Odisha & Chhattisgarh

Notification No. S.O. 3430(E) (12/07/2018)

Central Government hereby establishes the National Company Law Tribunal, Cuttack Bench at Cuttack and for the said purpose further amends the notification of the Ministry of Corporate Affairs number S.O. 1935 (E), dated the 1st day of June, 2016, namely:—...

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Weekly newsletter from Chairman, CBEC dated 13/07/2018

D.O.No.3/CH(IC)/2018 (13/07/2018)

As a measure of Tax payer facilitation and to reduce tax litigations, the threshold monetary limits for filing Departmental Appeals in Central Excise and Service Tax cases have been enhanced ...

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CBIC expand list of items exempt from custom duty for Handicraft Sector

Notification No. 52/2018-Customs (14/07/2018)

G.S.R................. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following fur...

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Accountability of inputs where Advance Authorisations are issued on net to net basis for parts/components- req

Policy Circular No. 10/2018-19 (13/07/2018)

Representations have been received from Trade and Industry informing the difficulties being faced by them in getting EODCs where inputs have been obtained on net to net basis subject to accountability clause in terms of SI. No-4 of General Notes for Engineering Products and SI No-6 of General Notes for All Export Products Groups. ...

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Use PAN to check compliance for a single foreign portfolio investor: SEBI

CIRCULAR No. IMD/FPIC/CIR/P/2018/114 (13/07/2018)

a) Use Permanent Account Number (PAN) issued by Income Tax Department of India for checking compliance for a single foreign portfolio investor; and b) Obtain validation from Depositories for the foreign portfolio investors who have invested in the particular primary market issuance to ensure there is no breach of investment limit within t...

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CBIC rescinds notification No. 36/2012- Customs (ADD) dated 16.07.2012

Notification No. 37/2018-Customs (ADD) (13/07/2018)

CBIC rescinds notification No. 36/2012- Customs (ADD) dated the 16th, July 2012 by which it imposed definitive anti-dumping duty on the imports of ‘Grinding media Balls’ (excluding Forged Grinding Media Balls), originating in, or exported from Thailand and China PR, as it has now issued a new Notification No. 36/2018-Customs (...

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Anti-dumping duty on imports of Grinding Media Balls

Notification No. 36/2018-Customs (ADD) (13/07/2018)

Notification No. 36/2018-Customs (ADD) Seeks to impose anti-dumping duty on the imports of Grinding Media Balls (excluding Forged Grinding Media Balls) originating in or exported from China PR and Thailand....

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Appointment of Authorised Representative for Classes of Creditors under IBC

Circular No. IBBI/CIRP/015/2018  (13/07/2018)

Wherever the approval of resolution plan under regulation 39 (3) of the Regulations is at least 15 days away, the resolution professional shall expeditiously obtain, by electronic means, the choice of the insolvency professional from creditors in a class to act as the authorised representative of the class and proceed further in the manne...

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MEIS benefit for ‘Bengal-Gram’ extended for exports upto 20.09.2018

Public Notice 22-2015-2020 (13/07/2018)

The MEIS benefit for 'Bengal-Gram' under ITC (HS) code 07132020 available upto 20.06.2018 has been extended for exports upto 20.09.2018....

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Notification No. 62/2018-Customs (N.T.) Dated 13.07.2018

Notification No. 62/2018-CUSTOMS (N.T.) (13/07/2018)

Tariff Notification No. 62/2018-CUSTOMS (N.T.) dated: 13th July, 2018 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver...

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