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Reg. Anti-dumping duty on imports of Flat rolled product of steel

October 15, 2019 1008 Views 0 comment Print

Seeks to impose anti-dumping duty on imports of Flat rolled product of steel, plated or coated with alloy of Aluminium and Zinc originating in, or exported from China PR, Vietnam and Korea RP. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 40/2019-CUSTOMS (ADD) New Delhi, the 15th October, 2019 G.S.R. 786(E). – […]

On-tap Authorisation of Payment Systems – Authorisation Criteria for non-bank PSOs

October 15, 2019 771 Views 0 comment Print

Reserve Bank of India had on January 21, 2019 released a policy paper on Authorisation of New Retail Payment Systems on its website and invited public comments there on. Comments / Feedback were received from individuals, public and private entities, institutions and industry associations.

Companies (Filing of Documents and Forms in Extensible Business Reporting Language), Amendment Rules, 2019

October 15, 2019 2169 Views 0 comment Print

These rules may be called the Companies (Filing of Documents and Forms in Extensible Business Reporting Language), Amendment Rules, 2019.

RBI enhances withdrawal limit for PMCB depositors to Rs. 40,000

October 14, 2019 573 Views 0 comment Print

The Reserve Bank of India, after reviewing the bank’s liquidity position and its ability to pay its depositors has decided to further enhance the limit for withdrawal to Rs. 40,000/- (Rupees Forty Thousand only), inclusive of Rs. 25,000 allowed earlier. With the above relaxation, about 77% of the depositors of the bank will be able to withdraw their entire account balance.

RBI clarifies on Lending by banks to InvITs

October 14, 2019 1233 Views 0 comment Print

Banks and other stakeholders have been seeking clarity on provision of credit facilities to InvITs. The matter has been examined and it has been decided that banks may be permitted to lend to InvITs subject to the following conditions:

Notification No. 56/2019-Customs (N.T./CAA/DRI), Dated : 04.10.2019

October 14, 2019 783 Views 0 comment Print

Notification No. 56/2019-Customs (N.T./CAA/DRI), Dated : 04.10.2019 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 56/2019-Customs (N.T./CAA/DRI) New Delhi, dated the 14th October, 2019 S.O. 3718(E). – In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th […]

Appointment as GST Authority for Advance Ruling in Chandigarh

October 14, 2019 1551 Views 0 comment Print

CBIC hereby appoints Dr. Puneeta Bedi, Joint Commissioner of Central Tax, Chandigarh Zone as as GST Authority for Advance Ruling for  Union territory -Chandigarh vide Notification No. 05/2019-Union territory Tax dated – 14th October, 2019. MINISTRY OF FINANCE (Department of Revenue) Notification No. 05/2019-Union territory Tax New Delhi, the 14th October, 2019 G.S.R. 781(E).— In […]

CG delegates powers to appoint Officers/Staff to NCLT/NCALT

October 14, 2019 1431 Views 0 comment Print

Central Government (CG) delegates its powers and functions under section 418(1) of Companies Act, 2013 to provide officers and other employees to the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCALT) to the President and Chairperson of the said  NCLT and NCALT. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification […]

Claim of refund amount on account of double-payment of Customs Duty -Reg

October 11, 2019 7350 Views 1 comment Print

Verification from the PAO/e-PAO office regarding double/multiple payments for the same Bill of Entry of the amount to be refunded as also being reported by the banks in the scroll for transfer to RBI;

Eligibility Criteria for availing of DPD Scheme by Importers– reg

October 11, 2019 1890 Views 0 comment Print

Some of the reasons like non-receipt of original documents from abroad and consequent delay in issuance of Delivery Order, financial and credit woes, delay in settlement of dues of shipping lines, opening PD Account with the terminals, are inhibiting a larger section of importers to opt for DPD.

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