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Notifications/Circulars

Instructions for time bound processing of Duty Drawback claims

December 16, 2020 4581 Views 0 comment Print

It has been instructed that at least 90% of Drawback should be credited within a time period of 3 days. Further, the refund may be deposited into the customer account in T+2 days.

Imports under Tariff Rate Quota Scheme governed by Notification No. 28/2020-Customs dated 23.06.2020

December 16, 2020 2688 Views 0 comment Print

aragraph 2.60 of Handbook of Procedure, 2015-2020 is replaced to update the latest Customs Notification governing imports under Tariff Rate Quota Scheme.

PACL investors can check deficiency in claim applications & correct

December 16, 2020 3942 Views 3 comments Print

Facility for investors of PACL Ltd. to check status of/deficiency in claim applications and making good those deficiencies.

IBBI Imposes Penalty On IP for accepting assignment of RP after 31.12.2020

December 16, 2020 720 Views 0 comment Print

In the matter of Mr. Manoj Kumar Jain, Insolvency Professional (IP) under Regulation 11 of the Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016 In the present matter, Mr. Jain has given consent for the CIRP of CD on 22nd July, 2019 i.e. prior to the notification relating to AFA. He was appointed […]

Use of unblocking functionality for generation of e-way bill

December 16, 2020 900 Views 0 comment Print

The Taxpayer whose e-way bill generation facility is blocked. may approach the concerned Nodal officer for unblocking the e-way bill generation by submitting online application in FORM GST EWB-05. The taxpayer in his application for restoration of facility to generate e-way bill may specify the following reasons for restoration:-

Waiver from UIN recording on invoices of April 2020 to March 2021

December 15, 2020 7392 Views 0 comment Print

It has been decided to give waiver from recording of UIN on the invoices issued by the retailers/suppliers, pertaining to the refund claims from April 2020 to March 2021, subject to the condition that the copies of such invoices are attested by the authorized representative of the UIN entity and the same is submitted to the jurisdictional officer.

Measures to facilitate MSME for AEO T1 & T2 accreditation- reg.

December 15, 2020 6489 Views 0 comment Print

CBIC relaxes entire gamut of compliance & security requirements for MSMEs. The relaxation has been carried out to ensure that the MSMEs are facilitated through rationalized compliance requirements

CBDT Order for sharing of information with CRID Haryana

December 15, 2020 1152 Views 0 comment Print

Order under section 138 of the Income-tax Act, 1961 for sharing of information with Secretary, Citizen Resources Information Department (CRID), Govt. of Haryana F.No. 225/161/2020/ITAJI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 15 December, 2020 Order The Central Board of Direct taxes, in exercise of powers […]

QCI Launches Recognition Scheme for Hygiene Rating Audit Agencies

December 15, 2020 579 Views 0 comment Print

Quality Council of India (QCI) at the behest of the FSSAI has come out with a Scheme for approval of Hygiene Rating Audit Agencies to scale up Hygiene Rating by increasing the number of recognised Hygiene Rating Audit Agencies in the country. The detail of the scheme is available on QCI’s website.

Notification No. 90/2020-Income Tax, Dated: 15.12.2020

December 15, 2020 3072 Views 0 comment Print

Central Government hereby specifies Secretary, Citizen Resources Information Department, Government of Haryana, for the purposes of the said clause in connection with sharing of information regarding income-tax assessees for identifying the eligible beneficiaries for transfer of financial assistance through Direct Benefit Transfer Scheme.

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