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Notifications/Circulars

Supply of essential commodities to Maldives during 2020-21 permitted

August 11, 2020 759 Views 0 comment Print

Export of Eggs, Potatoes, Onions, Rice, Wheat Flour, Sugar, Dal, Stone Aggregates and River Sand has been permitted to the Republic of Maldives under bilateral trade agreement between Government of India and Government of Maldives during the period 2020-21 as per the quantities indicated in the Table at Para 1 above. The export of above […]

Notification No. 36/2020-Customs (N.T./CAA/DRI), Dated: 11.08.2020

August 11, 2020 525 Views 0 comment Print

CBIC notifies Common Adjudicating Authority vide Notification No. 36/2020-Customs (N.T./CAA/DRI), Dated: 11.08.2020. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) NOTIFICATION New Delhi, the 11th August, 2020 Notification No. 36/2020-Customs (N.T./CAA/DRI) S.O. 2779(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th […]

Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2020

August 11, 2020 2979 Views 0 comment Print

Reserve Bank’s power to permit export or import of currency: Notwithstanding anything contained in these regulations, the Reserve Bank may, on an application made to it and on being satisfied that it is necessary to do so, allow any person to take or send out of India to any country or bring into India from any country currency notes of Government of India and /or of Reserve Bank of India subject to such terms and conditions as the Reserve Bank may stipulate.

Processing of complaints only through scores: SEBI

August 11, 2020 1137 Views 0 comment Print

On June 8, 2011, SEBI commenced a web based centralized grievance redress system called as SEBI Complaints Redress System or SCORES. SCORES is a platform designed to help investors to lodge their complaints online with SEBI, pertaining to securities market, against listed companies, SEBI registered intermediaries and SEBI recognized Market Infrastructure Institutions.

DGFT amends import policy conditions for imports of various chemicals

August 11, 2020 6894 Views 0 comment Print

The notification amends the policy conditions for imports of various chemicals in Chapters 29. 38 and 39 of ITC (HS), 2017, Schedule — I (Import Policy). a. Importers of chemicals specified at S. Nos. 1 to 15 needs to submit a copy of the Bill of Entry within 30 days to the Ozone Ministry of […]

Post offices to include Aadhaar column in Account Opening Form

August 11, 2020 579 Views 0 comment Print

Competent authority has decided to incorporate column for Aadhaar Seeding in Application for Opening of Account /Purchase of Certificate form for benefits of the depositors and ease of operation.

Procedure For E-Hearing of Appeals by CESTAT

August 10, 2020 5772 Views 0 comment Print

Representations have been received from the Bar Associations at Mumbai, Bangalore, Ahmedabad, Chandigarh and Hyderabad Benches of the Tribunal for extending the facility of e-hearing to appeals also on a request made by the counsel.

Disposal of un-claimed/un-cleared/seized/confiscated goods – reg

August 10, 2020 8682 Views 0 comment Print

It is re-iterated that disposal of all such un-cleared/un-claimed cargo may be expedited as per the timelines stated in Circular No. 49/2018-Customs, dated 03.12.2018. Further, in terms of section 48 of the Customs Act, 1962 hazardous un-cleared/un-claimed goods may be disposed at any time. With respect to seized/confiscated goods, the procedure and timelines for disposal are as mentioned in Chapter 2 of the Disposal Manual, 2019.

SEBI provides Administrative support for Trustees of Mutual Funds

August 10, 2020 777 Views 0 comment Print

SEBI, in its interactions with the Trustees had received feedback for providing administrative assistance to Trustees in monitoring various activities of the AMCs. Trustees shall appoint a dedicated officer having professional qualification and minimum 5 years of experience in finance and financial services related field.

Revised procedure for Import of Pets / Live Animals

August 10, 2020 3612 Views 0 comment Print

Procedure for import of Live Animals in general and also for import of pets (only Dogs and Cats) as baggage/Personal imports by Passengers. Following procedure shall be followed for clearance of pets/live animals including cats and dogs:

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