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Notifications/Circulars

Anti-Dumping Duty on Import of Sodium Citrate extended

May 19, 2020 873 Views 0 comment Print

Notification No. 08/2020-Customs (ADD)– Seeks To Impose Anti-Dumping Duty on Import of Sodium Citrate Originating In Or Exported From China RP For A Period of Further 5 Years. MINISTRY OF FINANCE (Department of Revenue) Notification No. 08/2020-Customs (ADD) New Delhi, the 19th May, 2020 G.S.R. 302(E).—Whereas, the designated authority, vide notification No.7/21/2019-DGTR, dated the 25th […]

Tariff Notification No. 45/2000-Customs (N.T.) dated 19.05.2020

May 19, 2020 834 Views 0 comment Print

Tariff Notification No. 45/2000-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 45/2000-Customs (N.T.) New Delhi, the 19th May, 2020 S.O. 1520(E).—In exercise of the powers conferred by […]

Extending Master KYC Direction, 2016 to Housing Finance Companies

May 19, 2020 1056 Views 0 comment Print

It has been decided to extend the Master Direction – Know Your Customer (KYC) Direction, 2016 to all Housing Finance Companies. Instructions/ guidelines/ regulations contained in the circulars mentioned in the Appendix, issued by National Housing Bank (erstwhile regulator of Housing Finance Companies) stand repealed.

Revised SOP for movement of stranded workers by train

May 19, 2020 585 Views 0 comment Print

Due to lockdown, migrant workers are stranded at different places. They would be allowed to move by trains as under: i. Movement of Shramik Special trains shall be permitted by Ministry of Railways (MoR), in consultation with Ministry of Home Affairs (MHA).

Maharera: Deemed extension of dates of possession by Force Majeure period

May 18, 2020 7377 Views 0 comment Print

The dates of possession mentioned in already registered agreements for sale, shall be deemed to be extended by the Force Majeure period. Due to non-functioning of the concerned offices, the work of transfer of title and conveyance has been adversely affected. Therefore, any compliance under Section 17 that becomes due during the Force Majeure period is allowed to be completed in a period extending till the expiry of the force majeure period.

CBIC to issue comprehensive circular on Electronic Sealing

May 18, 2020 891 Views 0 comment Print

a comprehensive circular on’ Electronic Sealing-Deposit in and removal of goods from Customs Bonded Warehouses’ is under consideration and shall be soon placed in public domain

Hedging of Foreign Exchange Risk-Date of Implementation

May 18, 2020 948 Views 0 comment Print

Based on the requests received from market participants and in the context of the difficulties arising from the outbreak of novel coronavirus disease (COVID-19), it has been decided that the Directions will now come into effect from September 1, 2020.

Reporting Platform for OTC Derivatives- Transactions undertaken by IBUs

May 18, 2020 873 Views 0 comment Print

All foreign exchange non-deliverable derivative contracts (involving Rupee or otherwise) undertaken by banks in India through their IBUs or through their branches in India or through their foreign branches (in case of foreign banks operating in India, through any branch of the parent bank), shall be reported to CCIL’s reporting platform with effect from June 1, 2020.

Notification No. 44/2020-Customs (N.T.), Dated: 18.05.2020

May 18, 2020 2922 Views 0 comment Print

Appointment of Common Adjudicating Authority (CAA) in case of M/s Shilpa Medicare Ltd & ors. vide Notification No. 44/2020-Customs (N.T.), Dated : 18.05.2020 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION No. 44/2020-Customs (N.T.) New Delhi, the 18th May, 2020 S.O. 1516(E).— In exercise of the powers conferred by […]

Notification No. 43/2020-Customs (N.T.), Dated : 18.05.2020

May 18, 2020 1161 Views 0 comment Print

Appointment of Common Adjudicating Authority (CAA) in case of M/s L & T Hydrocarbon Engineering Ltd & ors. vide Notification No. 43/2020-Customs (N.T.), Dated : 18.05.2020 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 18th May, 2020 Notification No. 43/2020-Customs (N.T.) S.O. 1515(E).In exercise of the […]

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