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Notifications/Circulars

Validity of HBP 2015-2020 extended upto 31st March, 2022

September 28, 2021 1671 Views 0 comment Print

Validity of the existing Hand Book of Procedures, 2015-20 is extended upto 31st March, 2022 vide Public Notice No. 25/2015-2020-DGFT Dated: 28th-September, 2021. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade New Delhi Public Notice No. 25/2015-2020-DGFT Dated: 28th-September, 2021 F. No. 01/75/171/00002/AM22/FTP.— In exercise of powers […]

AD banks can use any widely accepted/Alternative reference rate in place of LIBOR

September 28, 2021 756 Views 0 comment Print

In view of the impending cessation of LIBOR as a benchmark rate, it has been decided to permit AD banks to use any other widely accepted/Alternative reference rate in the currency concerned for such transactions.

Anti-dumping investigation on imports of Decor Paper from China

September 28, 2021 3147 Views 1 comment Print

The product under consideration includes decor paper used by the producers of laminates which includes various types of decor paper, such as surfacing paper (white/off-white), liner (white / off-white), barrier paper, shuttering base, overlay paper and print base paper (color/white).

Anti-Dumping investigation on imports of ‘Elastomeric Filament Yarn’ from Singapore

September 28, 2021 723 Views 0 comment Print

The product under consideration in the present application is Elastomeric Filament Yarn of all deniers. These filament yarns are also commonly referred to as Spandex or Elastane. The subject goods are described in terms of the deniers and are sold generally in the range of 10 to 1680 deniers.

Reg. Anti-dumping duty on imports of Natural Mica based Pearl Industrial Pigments excluding cosmetic grade

September 28, 2021 1008 Views 0 comment Print

mendment to the Final Finding Notification No. 6/8/2020-DGTR dated 8th June, 2021 in Anti-dumping duty imposed on the imports of Natural Mica based Pearl Industrial Pigments excluding cosmetic grade originating in or exported from China PR.

ICAI Recommendations on Accounting Standards to NFRA

September 28, 2021 3015 Views 0 comment Print

ICAI has sent its Approach Paper for revision of existing ASs and the proposed texts of 18 revised ASs out of a total of 32 revised ASs expected to be prescribed upon completion of this AS revision project.

CBDT notifies authority for accepting Income Tax settlement application

September 28, 2021 5502 Views 0 comment Print

In order to avoid genuine hardship to assessees authorizes the Commissioner of Income-tax, posted as Secretary to the Settlement Commission prior to 01.02.2021, to admit an application for settlement on behalf of the Interim Board filed after 31.01.2021

Bank accounts for payment of fees to SEBI under various Regulations

September 28, 2021 3564 Views 0 comment Print

Bank accounts for payment of fees to SEBI under the SEBI (Infrastructure Investment Trusts) Regulations, 2014, SEBI (Real Estate Investment Trusts) Regulations, 2014, SEBI (Informal Guidance) Scheme, 2003, SEBI (Issue and Listing of Non-convertible Securities) Regulations, 2021 and SEBI (Issue and Listing of Securitized Debt Instruments and Security Receipts) Regulations, 2008

Weekly newsletter from Chairman, CBIC dated 27/09/2021

September 27, 2021 897 Views 0 comment Print

The Government, on the recommendation of GST Council made during its 45th Meeting, notified certain amendments in CGST Rules, 2017 vide Notification No. 35/2021-Central Tax dated 24.09.2021. Besides, 4 circulars were also issued last week to clarify various issues pertaining to GST. These include clarification on the interpretation of scope of “intermediary services” and “establishment of distinct persons” for considering supply of a service as export of service.

IRDA approves Preference & Equity Shares as approved investment subject to dividend

September 27, 2021 714 Views 0 comment Print

IRDAI permits Insurers to classify investments in Preference Shares and Equity Shares as part of Approved Investment of for at least 2 consecutive years immediately preceding (as required under Regulation 3(a)(4) and 3(a)(S) of IRDAI (Investment) Regulations, 2016) for the period from 1st October, 2021 to 31st March, 2022.

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