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Notifications/Circulars

List of Parties Booked for Issuing & Availing Fake Fake GST ITC

July 22, 2020 23871 Views 0 comment Print

List of  3208 Parties booked for issuing fake Invoices and 9757 parties booked for availing fake Input Tax Credit with Name of the Party, GSTIN of the Party, PAN Number of the Part and Zone/DGGI where case has been booked.

CBIC & CBDT sign MoU to facilitate exchange of data

July 21, 2020 1743 Views 0 comment Print

A Memorandum of Understanding (MoU) was signed between the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) today, for data exchange between the two organisations. The MoU was signed by Shri Pramod Chandra Mody, Chairman, CBDT, and Shri M. Ajit Kumar, Chairman, CBIC, in the presence of senior officers from both the organizations.

CBDT Order for sharing of information with 10 Govt agencies

July 21, 2020 4941 Views 0 comment Print

Order under section 138 of the Income-tax Act,1961 for sharing of information through NATGRID platform with 10 Government agencies namely CBI, DRI, ED, CBIC,  Cabinet Secretariat, Intelligence Bureau, DGGI, Narcotics Control Bureau, Financial Intelligence Unit & NIA. F. No. 225/53/2020/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New […]

CBDT to share info of eligible beneficiaries under PM-KISAN Yojana

July 21, 2020 4902 Views 0 comment Print

Order u/s 138(1)(a) of the Income-tax Act, 1961 directing Pr. DGIT (Systems), Delhi for furnishing information to Nodal Officer (PM-KISAN) and J.S. (Farmers Welfare), Ministry of Agriculture and Farmers Welfare. The Information to be furnished shall be: Mapping of Income – tax payees of the relevant Assessment Years from the list of otherwise eligible beneficiaries […]

Filing of Statement of Deviation or Variation in XBRL Mode by Companies

July 21, 2020 4287 Views 0 comment Print

The disclosure to the Stock Exchange(s) shall be made by listed entities on quarterly basis along with the declaration of financial results (within 45 days of end of each quarter / 60 days from the end of the last quarter of the financial year) until such funds are fully utilized or the purpose for which these proceeds were raised has been achieved.

Export Policy of Personal Protection Equipment/Masks amended

July 21, 2020 945 Views 0 comment Print

Notification No. 14 dated 22.06.2020 is amended to the extent that only surgical drapes, isolation aprons, surgical wraps and X-Ray gowns are removed from prohibition under the medical coveralls of all classes and categories. All other items as described above, including other types of medical coveralls of all classes and categories, exported against the mentioned […]

Procedure for EXPORT OF SAMPLES of PPE Medical Coveralls for COVID-19

July 21, 2020 693 Views 0 comment Print

The procedure for issuance of export license for sending: samples of PPE Medical Coveralls for COVID-19 is outlined below: I. Export of quantity up to 50 units of ‘PPE medical coveralls for Covid-19’ samples per IEC per country will be allowed.

Anti-Dumping duty on Fluoroelastomers (FKM) extended

July 21, 2020 576 Views 0 comment Print

Anti-Dumping duty on Fluoroelastomers (FKM) extended- Seeks to amend notification No. 6/2019-Customs (ADD) dated 28th January, 2019 to extend the levy of Anti-Dumping duty on Fluoroelastomers (FKM) originating in or exported from China for a further period of three months. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 19/2020-Customs (ADD) New Delhi, […]

Quantity for export of sugar to EU under CXL quota notified

July 21, 2020 3123 Views 0 comment Print

Public Notice No. 14/2015-2020– The quantity of 10000 MT sugar (raw and/or white sugar) to be exported to EU under CXL Quota from 01.10.2020 to 30.09.2021 has been notified. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Public Notice No. 14/2015-2020-DGFT New Delhi, the 21st […]

Suggestions for review of Customs duty exemption notifications/laws & procedures

July 21, 2020 900 Views 0 comment Print

It was also announced that suggestions would be invited in respect of the Customs laws and procedures for aligning them with the needs of changing times and ease of doing business.

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