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Notifications/Circulars

Govt notifies inclusion of new members in CSEZ Authority

September 17, 2020 447 Views 0 comment Print

Central Government, in exercise of the powers conferred by sub-section (1) read with sub-section (5) of Section 31 of the Special Economic Zones Act, 2005 (28 of 2005), hereby makes the following amendment in the notification of the Ministry of Commerce and Industry, Department of Commerce, dated 28th May, 2018, for inclusion of new members in CSEZ Authority, namely:

MOOWR & waiver of interest – Changes in ICE -reg.

September 17, 2020 4095 Views 0 comment Print

As per Section 61 of the Customs Act, 1962 no interest is leviable on Ex-Bond Bills of Entry filed for clearing the goods for home consumption, from a Section 65 warehouse. In consonance with the same, following changes have been made in the ICES:

Notification No. 46/2020-Customs (N.T./CAA/DRI), Dated: 17.09.2020

September 17, 2020 768 Views 0 comment Print

Notification No. 46/2020-Customs (N.T./CAA/DRI), Dated: 17.09.2020 – Appointment of Adjudicating Authority. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) NOTIFICATION No. 46/2020-Customs (N.T./CAA/DRI) New Delhi, the 17th September, 2020 S.O. 3203(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 […]

Notification No. 45/2020-Customs (N.T./CAA/DRI), Dated: 17.09.2020

September 17, 2020 960 Views 0 comment Print

Notification No. 45/2020-Customs (N.T./CAA/DRI), Dated: 17.09.2020 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) New Delhi, the 17th September, 2020 Notification No. 45/2020-Customs (N.T./CAA/DRI) S.O. 3202(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4thJune 2015 in Gazette of India, Extra-ordinary, Part-II, […]

Bill of Entry (Forms) (Amendment) Regulations, 2020

September 17, 2020 4776 Views 0 comment Print

These regulations may be called the Bill of Entry (Forms) (Amendment) Regulations, 2020. They shall come into force with effect from the 21st September, 2020.

Notification No. 89/2020-Customs (N.T.)- Issue of ‘proper officer’

September 17, 2020 2259 Views 0 comment Print

Notification No. 89/2020-Customs (N.T.)- Seeks to amend Notification No. 40/2012-Cus (N.T.) dated 2nd May, 2012 related to Issue of ‘proper officer’ under the Customs Act, 1962. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 17th September, 2020 Notification No. 89/2020-Customs (N.T.) S.O. 3182(E).—In exercise of the powers […]

CBIC notifies Rate of Exchange of Foreign Currencies wef 18.9.2020

September 17, 2020 1614 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 18th September, 2020 vide Notification No. 88/2020-Customs (N.T.), Dated: 17th September, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 88/2020-Customs (N.T.) New Delhi, dated the 17th September, 2020 26 Bhadrapada 1942 […]

Capturing additional details for Certificate of Origin in Bill of Entry

September 17, 2020 11154 Views 0 comment Print

Attention of Importers, Exporters, Customs Brokers, Shipping Lines/ Agents, Logistics Service Providers, CFSs Custodians, Trade, Customs Staff and all other stakeholders is invited to ICES Advisory No. 34/2020 dated 17.09.2020 issued by Directorate General of Systems and Data Management, CBIC.

LLP must net-worth criteria to be eligible ‘angel investor’ despite partners meeting the same

September 17, 2020 6000 Views 0 comment Print

 LLP and its partner(s) are distinct persons. As per Regulations 19A(2), it is the LLP which should meet the minimum net-worth criteria of INR 10 Crores. Thus, an LLP not meeting the minimum net worth criteria of at least Rs. 10 Crores, would not be an eligible ‘angel investor’ even if its partners qualify as’angel […]

Tenure of Company Law Committee extended upto 17.09.2021

September 17, 2020 792 Views 0 comment Print

In continuation of the Order of even no. dated 18.09.2019 (annexed herewith), the tenure of the Company Law Committee is hereby extended upto two years from the date of that order i.e. upto 17.09.2021.

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