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Remove Vulnerability of CESTAT Website: Govt

July 6, 2020 1254 Views 0 comment Print

In case of any likely delay the CESTAT websites should be temporarily deactivated so that it does not become a target for hackers/cyber attack, causing public concern.

Turant Suvidha Kendra & Other Initiatives for Contactless Customs

July 6, 2020 10368 Views 0 comment Print

CBIC decided to take following Turant Suvidha Kendra & Other Initiatives for Contactless Customs which includes  Turant Suvidha Kendra in All Customs Formations, Registration of Authorised Dealer Code, Bank Accounts through ICEGATE, Automated debit of bond after Assessment, Simplified Registration of Importers/Exporters in ICEGATE. Circular No. 32/2020-Customs dated 6th of July, 2020. CBIC extends benefits […]

Custom duty on imports of Phthalic Anhydride from Korea increased

July 6, 2020 1440 Views 0 comment Print

Notification No. 29/2020-Customs Dated- 6th July, 2020.- Seeks to further amend notification no. 152/2009 dated 31.12.2009, to increase the rate of duty of customs on imports of Phthalic Anhydride originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Korea […]

CBIC increases duty on imports of Phthalic Anhydride from Korea RP

July 6, 2020 636 Views 0 comment Print

Notification No. 29/2020-Customs- Seeks to further amend notification no. 152/2009 dated 31.12.2009, to increase the rate of duty of customs on imports of Phthalic Anhydride originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Korea Comprehensive Economic Partnership Agreement […]

Anti-dumping duty investigation concerning imports of Polystyrene

July 6, 2020 549 Views 0 comment Print

MINISTRY OF COMMERCE AND INDUSTRY (DIRECTORATE GENERAL OF TRADE REMEDIES) CORRIGENDUM NOTIFICATION New Delhi, the 6th July, 2020 CASE No. (OI) 08/2019 Subject: – Anti-dumping duty investigation concerning imports of Polystyrene from Iran, Malaysia, Singapore, Chinese Taipei, UAE and USA F. No. 6/10/2019-DGTR.—Having regard to the Customs Tariff Act, 1975, as amended from time to […]

CBIC shouldered its responsibilities well in last 3 years: CBIC Chairman

July 6, 2020 1173 Views 0 comment Print

The positive message from four Pr. Chief Commissioners during the VC held on the occasion was reassuring in that, while there was a lot to do in  the  future,  we are on the  right track and only needed to pursue our policy goals more vigorously. The impression that was carried at the end of the day was that CBIC has in the last three years truly shouldered its responsibilities well.

Steps to Streamline processes related to Bonds & First Check BEs

July 4, 2020 1035 Views 1 comment Print

With the objective of further facilitating trade and streamlining procedures, particularly to overcome the scourge of Covid-19, following initiatives are being implemented in System w.e.f 6th July 2020:

Govt relaxes guidelines related to small savings schemes

July 3, 2020 4041 Views 0 comment Print

Govt relaxes guidelines related to small savings schemes and allowed further relaxation till 31st July 2020 in respect of Post Office 1,2,3,5 Year Time Deposit, 5 Year Recurring Deposit Scheme, Senior Citizen Savings Scheme, Monthly Income Account, Public Provident Fund Scheme,  and Sukanya Samriddhi Account scheme. SB Order 25/2020 e.F. No 113-03/2017-SB(Pt.1) Govt. of India […]

SEBI (Investment Advisers) (Amendment) Regulations, 2020

July 3, 2020 12594 Views 1 comment Print

1. These Regulations may be called the Securities and Exchange Board of India (Investment Advisers) (Amendment) Regulations, 2020. 2. They shall come into force on the ninetieth day from the date of their publication in the Official Gazette.

CBDT amends rule 31A and form no. 26Q from 3rd July 2020

July 3, 2020 24495 Views 1 comment Print

CBDT vide Notification No. 43/2020 dated 3rd July, 2020 Mandates providing of certain information relating to cash withdrawals under section 194N in form no. 26Q. CBDT also  mandates that details of interest liable to TDS under section 194A be mentioned even where tax not deducted or deducted at lower rate. MINISTRY OF FINANCE (Department of […]

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