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Notifications/Circulars

64 officers reverted back to the post of Income Tax Inspectors

March 22, 2019 18414 Views 0 comment Print

As per the directions of Hon’ble CAT, Mumbai Bench in its Order dated 06.02.2019 in the Contempt Petition (CP) No. 18/2018 of the OA No. 623/2016 in the case of Sanjeev Kumar & Others v/s Union of India & Others, the following 64 officers are hereby reverted to the post of Income Tax Inspectors with […]

CBDT notifies SEBI (Mutual Funds) Regulations, 1996 U/s. 9A(9)(e)

March 20, 2019 1020 Views 0 comment Print

In exercise of the powers conferred by clause (e) of sub-section (9) of section 9A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 made under the Securities and Exchange Board of India Act, 1992 (15 of 1992) as the regulation for the purposes of the said section.

CBDT notifies HUDCO U/s. 194A(3)(iii)(f)

March 20, 2019 4878 Views 0 comment Print

Central Government hereby notifies the Housing and Urban Development Corporation Ltd. (HUDCO), New Delhi for the purpose of Section 194A(3)(iii)(f) of Income Tax Act, 1961.

Extension of IGST & Cess exemption under AA, EPCG & EOU scheme upto 31.03.2020

March 20, 2019 4416 Views 1 comment Print

Amendments to Foreign Trade Policy 2015-2020 – Extension of Integrated Goods and Service Tax (IGST) and Compensation Cess exemption under Advance Authorisation, EPCG and EOU scheme upto 31.03.2020.

Framework for Utilization of Regulatory Fee Foregone by SEBI

March 20, 2019 849 Views 0 comment Print

SEBI has reduced the regulatory fee on Stock Exchanges with respect to turnover in agricultural commodity derivatives. The objective was to reduce the cost burden on farmers/FPOs from the amount saved by the Exchanges due to reduction of regulatory fee.

Reporting & Accounting of Central Govt Transactions of March 2019

March 20, 2019 876 Views 0 comment Print

Reserve Bank of India RBI/2018-19/143 DGBA.GBD.No.2394/42.01.029/2018-19 March 20, 2019 All Agency Banks Dear Sir / Madam, Reporting and Accounting of Central Government Transactions of March 2019 Please refer to Circular DGBA.GBD.No.2324/42.01.029/2017-18 dated March 19, 2018 advising the procedure to be followed for reporting and accounting of Central Government transactions (including CBDT, CBEC, Departmentalised Ministries and Non-Civil Ministries) […]

Compilation of R-Returns: Reporting under FETERS

March 20, 2019 8250 Views 0 comment Print

In order to facilitate compilation of estimates of bilateral trade in services, it has been decided to incorporate an additional field for capturing the country code of ultimate exporter/importer in the BoP file-format under FETERS. In case of export of services, bank may use the transaction information available with them to report country-code of the ultimate exporting country, whereas Form-A2 is being revised here for capturing the required country information for import of services.

SOP consequent to automation for export & import through NSICT/NSIGT, GTI & JNPCT

March 20, 2019 972 Views 0 comment Print

Office of the Commissioner of Customs NS II, Mumbai Zone-II Jawaharlal Nehru Custom House, Nhava Sheva, Tal: Uran, Dist: Raigad, Maharashtra- 400707 F.No.S/12-Gen-60/2018-19/ AM (X) JNCH Dated: 20.03.2019 Public Notice No. 28/2019-JNCH (Amendment to Public Notice No. 13/2019) Subject: Standard operating procedure consequent to commencement of “document Processing Area” in the parking plaza and gate […]

Customs Rate of Exchange of Foreign Currency wef 21.03.2019

March 20, 2019 3660 Views 0 comment Print

Customs Rate of Exchange of Foreign Currency Conversion wef 21.03.2019 notified vide Notification No. 24/2019 – Customs (N.T.) dated 20th March, 2019.

Export and Import of Indian Currency

March 20, 2019 3057 Views 0 comment Print

Attention of Authorised Persons is invited to Regulation 8 of Foreign Exchange Management (Export and import of currency) Regulations, 2015, in terms of which a person may take or send out of India to Nepal or Bhutan and bring into India from Nepal or Bhutan, currency notes of Government of India and Reserve Bank of India for any amount in denominations up to ₹100/-.

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