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Notifications/Circulars

Manufacture and Other Operations in Warehouse Regulations, 2019

June 19, 2019 12216 Views 0 comment Print

These regulations may be called the Manufacture and Other Operations in Warehouse Regulations, 2019. They shall come into force on the date of their publication in the Official Gazette.

Posting of Judicial and Technical Members of NCLT

June 19, 2019 2718 Views 0 comment Print

As per ACC directions contained in DoP&T’s communication no. 18/10/ 2019-EO (SM.II) dated 03.05.2019 and in consultation with the President, National Company Law Tribunal (NCLT), the following Judicial and Technical Members of NCLT are posted at the Benches as under:

Discrepancy in HSN Code Classification of Stone & Marble Handicrafts- reg

June 19, 2019 2313 Views 0 comment Print

While referring to the discrepancy in the classification of Stone & Marble Handicrafts under CTH 6802 or 6815, it has been concluded that the said items are rightly classifiable under heading 6802 subject to compliance to other conditions given in the explanatory notes to this heading.

Modified Approval process for issue of paper Income Tax refunds and Manual Order Upload functionality

June 18, 2019 1002 Views 0 comment Print

Kind reference is invited to ITBA assessment instruction no 9 dated 07.05.2018 in which the process of uploading of manually passed order in ITBA system was described. Vide above instruction it was explained that for doing any work in system, the previous orders should have been passed in system.

Lok Sabha Passes Aadhaar and Other Laws (Amendment) Act, 2019

June 18, 2019 1263 Views 0 comment Print

The Lok Sabha on 4th July 2019 passed the Aadhaar (Amendment) Bill 2019, which seeks to replace Ordinance brought by the Centre last March. With over 122 crore Aadhaar numbers having been issued and with the widespread use of Aadhaar as a proof of identity for various purposes by the Government of India, State Governments […]

Anti dumping duty on jute sacking cloth import from Bangladesh

June 18, 2019 1764 Views 0 comment Print

Seeks to levy anti dumping duty on jute sacking cloth under tariff heading 5310 originating in or exported from Bangladesh to prevent the circumvention of levy of anti dumping duty levied on jute sacking bags vide notification No. 1/2017-Customs(ADD) dated 5th January, 2017. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE Notification No. 24/2019-Customs […]

SEBI: Factors to assure confidentiality in a settlement application

June 18, 2019 1068 Views 0 comment Print

A person who may have committed a violation of securities laws, other than those detailed in Tables VII to IX of Schedule II of the SEBI (Settlement Proceedings) Regulations, 2018, may make full disclosure of such violation and also provide substantial assistance in examination/investigation/inspection/inquiry/audit/any other proceedings that is initiated/is ongoing/yet to be initiated by the Board, against any person in respect of violation of the securities laws for the purpose of seeking grant of confidentiality and reduced settlement charges.

Master Direction -RRBs- Priority Sector Lending– Targets & Classification

June 18, 2019 2472 Views 0 comment Print

Master Direction – Regional Rural Banks (RRBs) – Priority Sector Lending – Targets and Classification (Updated as on June 18, 2019) Reserve Bank of India RBI/FIDD/2016-17/34 Master Direction FIDD.CO.Plan.2/04.09.01/2016-17 July 7, 2016 (Updated as on June 18, 2019) The Chairman All Regional Rural Banks Dear Sir/ Madam, MASTER DIRECTION-REGIONAL RURAL BANKS-PRIORITY SECTOR LENDING- TARGETS AND […]

Modified Approval process for issue of paper refunds and Manual Order Upload function

June 18, 2019 17778 Views 0 comment Print

Reg. Modification in Approval process for issue of paper refunds and Manual Order Upload functionality in ITBA Assessment Module vide ITBA- Assessment Instruction No. 11. ITBA- ASSESSMENT INSTRUCTION NO. 11 DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-Z, Jhandewalan Extension, New Delhi – 110055 F. No. System/ITBA/Instruction/Assessment/177/16-17/ Dated: 18.06.2019 To All Principal Chief Commissioners […]

Design of Commodity Indices & Product Design for Futures on Commodity Indices

June 18, 2019 939 Views 0 comment Print

In the Union Budget Speech for the year 2016-17, the Hon’ble Finance Minister had announced that “new derivatives products will be developed by SEBI in the Commodity Derivatives Market”. Introduction of new commodity derivatives products has been a subject of deliberation as it is considered to be conducive for the overall development of the commodity derivatives market, attracting broad based participation, enhancing liquidity, facilitating hedging and bringing in more depth to the commodity derivatives market.

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