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Notifications/Circulars

GST implementation issues- CBIC issues 3rd Clarification

June 6, 2020 11070 Views 0 comment Print

It has been represented that the IRP/RP are facing difficulty in obtaining registrations during the period of the lockdown and have requested to increase the time for obtaining registration from the present 30 days limit.

Jurisdiction of Commissioner (Appeals) to assessment orders passed by Faceless Assessment Groups

June 5, 2020 1521 Views 0 comment Print

Notification No. 51/2020-Customs (N.T.) – Notification to amend Notification No.92/2017-Customs (NT), dated 28.09.2017 to specify the jurisdiction of Commissioner (Appeals) to assessment orders passed by Faceless Assessment Groups- Reg. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 51/2020-Customs (N.T.) New Delhi, the 5th June, 2020 […]

Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020

June 5, 2020 2040 Views 0 comment Print

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 5th June, 2020/Jyaishtha 15, 1942 (Saka) THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) ORDINANCE, 2020 NO. 9 OF 2020 Promulgated by the President in the Seventy-first Year of the Republic of India. An Ordinance further to amend the insolvency and Bankruptcy Code, 2016. WHEREAS the entire […]

1st phase of All India roll-out of Faceless Assessment by CBIC

June 5, 2020 3438 Views 0 comment Print

In order to introduce Phase 1 of Faceless Assessment at Bengaluru and Chennai from 8th June 2020 for imports primarily made under Chapters 84 and 85 of the Customs Tariff Act, 1975 at these Customs stations, Board has issued two notifications, as follows:

Guidelines on settlement of Life Insurance Claims of Cyclone Nisarga victims

June 5, 2020 597 Views 0 comment Print

As a result of Cyclone ‘Nisarga’, there are reports of loss of human lives and loss of belongings in the affected Districts of primarily the states of Maharashtra and Gujarat. In order to extend every possible facilitation in quick and timely settlement of life insurance claims, you are advised to take the following actions immediately in all the states affected by the cyclone:

Minutes of Monetary Policy Committee Meeting May 20 to 22, 2020

June 5, 2020 867 Views 0 comment Print

Reserve Bank of India Minutes of the Monetary Policy Committee Meeting May 20 to 22, 2020 [Under Section 45ZL of the Reserve Bank of India Act, 1934] Date : Jun 05, 2020 The twenty third meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held […]

Companies (Share Capital and Debentures Amendment Rules, 2020

June 5, 2020 6969 Views 0 comment Print

Companies (Share Capital and Debentures Amendment Rules, 2020 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 5th June, 2020 G.S.R. 372(E).– In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies […]

Customs officers empowered to conduct faceless assessment of Bills of Entry

June 5, 2020 1650 Views 0 comment Print

Notification to empower Customs officers as ‘proper officers’ to conduct faceless or remote assessment of Bills of Entry filed under Section 46 of the Customs Act, 1962 for import in another Customs station- Reg. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 50/2020-Customs (N.T.) New […]

The Essential Commodities (Amendment) Ordinance, 2020

June 5, 2020 2649 Views 0 comment Print

The Essential Commodities (Amendment) Ordinance, 2020 passed for the purposes of increasing the competitiveness in the agriculture sector and enhancing the income of the farmers

Farmers (Empowerment and Protection) Agreement On Price Assurance and Farm Services Ordinance, 2020

June 5, 2020 4083 Views 0 comment Print

Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 is passed to provide for a national framework on farming agreements that protects and empowers farmers to engage with agri-business firms, processors, wholesalers, exporters or large retailers for farm services and sale of future farming produce at a mutually agreed remunerative price framework in a fair and transparent manner and for matters connected therewith or incidental thereto.

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