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CBDT to validate ICAI UDIN during upload of Tax Audit Reports

November 26, 2020 3531 Views 2 comments Print

The Institute of Chartered Accountants of India, in its gazette notification dated 2nd August, 2019, had made generation of UDIN from ICAI website www.icai.org mandatory for every kind of certificate/tax audit report and other attests made by their members as required by various regulators. This was introduced to curb fake certifications by non-CAs misrepresenting themselves as Chartered Accountants.

69 posts diverted to Foreign Asset Investigation Units (FAIUs)]

November 26, 2020 2412 Views 0 comment Print

Order No. 230 of 2020 With the approval of the Finance Minister, the following existing 69 posts in the various grades of India Revenue Service are diverted to the newly created Foreign Asset Investigation Units (FAIUs) in the Investigation Directorates, with immediate effect and until further orders:

Revision of SION A1827 of Export Products- Ossein

November 26, 2020 633 Views 0 comment Print

Revision of SION A1827 of Export Products- Ossein vide Public Notice No. 30/2015-20 Dated 26th November, 2020- The unit under the quantity in the imported item has been amended from KG to MT in the SION A1827.

Sunset Review of Anti-Dumping duty imposed on imports of ‘Float Glass’

November 26, 2020 1074 Views 0 comment Print

FINAL FINDINGS Case No. SSR 02/2020- Sunset Review of Anti-Dumping duty imposed on imports of ‘Float Glass’ originating in or exported from China PR. The Authority notes that the investigation was initiated and notified to all interested parties and adequate opportunity was given to the Domestic Industry and other interested parties to provide information on the aspects of dumping, injury, likelihood of dumping and injury and the causal link.

Definitive Anti-dumping duty imposed on Certain Float Glass-Reg.

November 26, 2020 2268 Views 0 comment Print

MTR Case No. 01/2020 Mid-Term Review to review the product scope of definitive Anti-dumping duty imposed on Certain Float Glass originating in or exported from China PR.

CBIC prescribes BCD rate of 27.5% on Crude Palm Oil

November 26, 2020 843 Views 0 comment Print

Notification No. 43/2020-Customs- Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe BCD rate of 27.5% on Crude Palm Oil. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 43/2020-Customs New Delhi, the 26th November, 2020 Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 […]

CCI (Procedure in regard to transaction of business relating to combinations) Amendment Regulations, 2020

November 26, 2020 1617 Views 0 comment Print

These regulations may be called the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2020.

ADD on imports of Fully Drawn or Fully Oriented Yarn/Spin Drawn Yarn/Flat Yarn of Polyester extended till 31.12.2020

November 26, 2020 954 Views 0 comment Print

Notification No. 39/2020-Customs (ADD)-  Seeks to amend notification No. 51/2015-Customs (ADD), dated 21st October, 2015 to extend the levy of ADD on imports of Fully Drawn or Fully Oriented Yarn/Spin Drawn Yarn/Flat Yarn of Polyester originating in or exported from China PR & Thailand , for a further period upto and inclusive of 31st December, […]

Existing drug import license to be valid till application for fresh one is pending

November 26, 2020 792 Views 0 comment Print

Notwithstanding anything contained in rule 28 of the Drugs and Cosmetics Rules, 1945, for import of drugs for sale or distribution, if an existing valid import licence holder under the said rules, makes an application for a fresh import licence before the expiry of the existing licence, the existing import licence shall be valid until orders are passed on the application and shall be deemed to be valid for all purposes.

SEBI revises regulatory measures introduced on March 20, 2020

November 25, 2020 1122 Views 1 comment Print

SEBI vide Press Release dated March 20, 2020 had introduced certain regulatory measures as per Annexure A of the said Press Release, in view of the then ongoing market volatility and keeping in view the objective of ensuring orderly trading and settlement, effective risk management, price discovery and maintenance of market integrity. The same is in force till November 26, 2020.

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