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Notifications/Circulars

Provisions for treatment of un-utilized quantities allocated under TRQ for import of crude soya bean & crude sun flower oil

September 12, 2022 1416 Views 0 comment Print

Provisions for treatment of un-utilized quantities allocated under TRQ for import of crude soya bean and crude sun flower oil have been elaborated. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi Public Notice No. 24/2015-20-DGFT | Dated: 12th September, 2022 Subject : Inclusion of changes made in provisions […]

RP is to ensure that fees payable to him are reasonable: IBBI

September 12, 2022 3258 Views 0 comment Print

It is important to note that the Code does not have any mention about the possibility of awarding success fee to the resolution professional. May be the renumerations during the process are considered as enough for attracting due services on behalf of the resolution professional.

Amendment in Export Policy of broken rice against ITC (HS) Code 1006 4000

September 12, 2022 1842 Views 0 comment Print

Following consignments of broken rice will be allowed to be exported: i. where loading of broken rice on the ship has commenced before this Notification,

Guidelines for implementation of IFSCA (FinTech Incentive) Scheme, 2022

September 12, 2022 1524 Views 0 comment Print

IFSCA Issues Guidelines and Application Form for IFSCA FinTech Incentive Scheme, 2022 The International Financial Services Centres Authority (Authority or IFSCA), with an overall objective to promote the establishment of a world-class FinTech Hub, at GIFT International Financial Services Centre (IFSC) in India, launched the IFSCA (FinTech Incentive) Scheme for providing financial support to FinTech […]

Changes and Clarification on IGCRS Rules, 2022

September 10, 2022 8208 Views 0 comment Print

F.No. 450/28/2016-Cus-IV Government of India Department of Revenue Ministry of Finance (Central Board of Indirect Taxes & Customs) North Block, New Delhi, Circular No. 18/2022-Customs |Dated: 10th of September , 2022 To, All Principal Chief Commissioners/ Chief Commissioners of Customs / Customs (Preventive) / Customs and Central Tax, All Principal Commissioners/ Commissioners of Customs / […]

AGMARK certification requirement for imported food consignments postponed

September 9, 2022 1125 Views 0 comment Print

FSSAI agreed to keep the requirement of AGMARK certification for imported food consignments in abeyance further orders

Customs procedure for export of cargo in closed containers from ICDs to Bangladesh using Inland Waterways

September 9, 2022 2283 Views 0 comment Print

F.No.550/05/2011-LC(Pt) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs Room No. 49, North Block, New Delhi Circular No. 17/2022-Customs | Dated 09th September, 2022 To, All Principal Chief Commissioners/Chief Commissioners of Customs All Principal Chief Commissioners/Chief Commissioners of Customs (Preventive) All Principal Chief Commissioners/Chief Commissioners of CGST & […]

Amendment to IFSCA guidelines for Liquidity Enhancement Scheme

September 9, 2022 657 Views 0 comment Print

The Scheme shall have prior approval of the Governing Board of the Stock Exchange, which will be valid for one year. The Governing Board of the Stock Exchange may grant annual approval till the time the scheme is in operation. Further, its implementation and outcome shall be monitored by the Governing Board at quarterly intervals.

Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022

September 9, 2022 45063 Views 2 comments Print

MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 74/2022 – Customs (N. T.), Dated: 9th September, 2022 G.S.R. 692(E).—In exercise of the powers conferred by section 156 of the Customs Act, 1962 (52 of 1962), and in supersession of the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017, except as […]

Guidelines for filing/revising TRAN-1/TRAN-2 as per SC order

September 9, 2022 28023 Views 0 comment Print

Guidelines for filing/revising TRAN-1/TRAN-2 in terms of order of Supreme Court in the case of Union of India vs Filco Trade Centre Pvt. Ltd.

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