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Notifications/Circulars

Clarification on participation of EFIs in Commodity Derivatives in IFSC

March 18, 2019 501 Views 0 comment Print

EFIs may participate in commodity derivatives contracts traded in stock exchanges in IFSC subject to the following conditions:-2.1. The participation would be limited to the derivatives contracts in non-agricultural commodities only,2.2. Contracts would be cash settled on the settlement price determined on overseas exchanges, and2.3. All the transactions shall be denominated in foreign currency only.

Process for filing online Application for export authorisation of restricted items (Non-SCOM ET)

March 18, 2019 3126 Views 0 comment Print

To avoid any delay in grant of export authorizations, it has been decided that w.e.f. 01.04.2019, export authorizations for Restricted items (Non-SCOMET ) shall be issued by the Export Cell, DGFT (Hqrs). The authorizations shall be issued under the signature of FTDO (Non-SCOMET) or any other official designated for the purpose.

Deputation of Indian Experts to Maldives in areas of financial crime, fraud investigation and money laundering -reg

March 18, 2019 1281 Views 0 comment Print

Central Board of Indirect Tax and Customs is in the process of drawing a penal of Experts in the area of Financial Crime and Fraud Investigation, Money Laundering and Preventing Corruption for posting in the Maldives. The tenure of deputation is for one year.

TDS under section 31 of MVAT Act after 1st July, 2017

March 16, 2019 6009 Views 0 comment Print

Certain queries have been received by this office seeking clarification with regards to applicability of TDS under MVAT Act after 1st July, 2017. The amended provisions are explained as follows:a) An employer should have deducted tax (TDS), in respect of a works contract, executed upto 30th June 2017, even if the amount is payable after 30th June 2017. But, in any case, no VAT TDS shall be done by an employer after 31St December 2018.

Reserve Bank of India (Prevention of Market Abuse) Directions, 2019

March 15, 2019 1644 Views 0 comment Print

These Directions shall be called the Reserve Bank of India (Prevention of Market Abuse) Directions, 2019.(2) They shall come into force on March 15, 2019.(3) These Directions shall apply to transactions of all participants in markets for financial instruments but shall exclude transactions executed through the recognized stock exchanges under and in accordance with the regulations of the Securities and Exchange Board of India.

How to obtain online import license for ‘Restricted’ items

March 15, 2019 33990 Views 3 comments Print

Online facility for obtaining import license for ‘Restricted’ items from 18th March, 2019 (Para 2.50 of Handbook of Procedures, 2015-2020)-regd File No. 01/53/8/AM19/O-5/IC Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Trade Notice No: 49/2015-2020 Dated:15.03.2019 To, All Regional Authorities of DGFT All […]

New Online facility for obtaining import license for ‘Restricted’ items

March 15, 2019 4467 Views 2 comments Print

Director General of Foreign Trade (DGFT) hereby notifies the revised pro-forma (ANF-2M) for submission of online application for obtaining import license for ‘Restricted’ items from 18th March, 2019 onwards.

Notification under Maharashtra Right to Public Services Act, 2015

March 15, 2019 1572 Views 0 comment Print

COMMISSIONER OF STATE TAX, MAHARASHTRA STATE GST Bhavan, Mazgaon, Mumbai 400 010, dated the 15th March 2019 NOTIFICATION THE MAHARASHTRA RIGHT TO PUBLIC SERVICES ACT, 2015. No. MRPS/AMD/928/ADM-11.—In exercise of the powers conferred by sub-section (1) of section 3 of the Maharashtra Right to Public Services Act, 2015 (Mah. XXXI of 2015) read with the […]

Tariff Notification No. 23/2019-Customs (N.T.) dated 15th March, 2019

March 15, 2019 1323 Views 0 comment Print

Tariff Notification No. 23/2019-Customs (N.T.) dated 15th March, 2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 23/2019-Customs (N.T.) New Delhi, 15th March, 2019 24 […]

CBIC notifies Dera Baba Nanak LCS

March 15, 2019 1080 Views 0 comment Print

Amendment to the Notification No. 63/1994-Customs (N.T) dated 21st November, 1994, by notifying Dera Baba Nanak LCS vide Notification No. 22/2019- Customs (N.T.) dated 15th March, 2019. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 15th March, 2019 Notification No. 22/2019- Customs (N.T.) S.O. 1386(E). In exercise of the powers conferred by clauses […]

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