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Notifications/Circulars

Imports of PUF panels/doors for chilled rooms/cold storages under EPCG Scheme

January 31, 2019 2037 Views 0 comment Print

Imports of PUF panels/doors for chilled rooms/cold storages for storage of fresh fruits and vegetables are allowed under the EPCG Scheme.

Export Policy for Export of bio fuels from EOU/ SEZ / DTA Reg.

January 31, 2019 693 Views 0 comment Print

Trade and industry are informed that export of bio fuels for non-fuel purposes from EOU/SEZ will be regulated as under:- (i) The export would be in accordance of the para 6.01 of FTP for EOU and / or Rule 26 of SEZ Rules, 2006 (for SEZ units);

Relief in average export obligation in terms of Para 5.19 of HBPs

January 31, 2019 4251 Views 2 comments Print

The Regional Authorities, while considering requests of discharge of Export Obligation, will ensure that in case of shortfall in Export Obligation fulfillment, the Policy Circulars earlier issued in terms of Para 5.11.2 of HI3P 2009-14 and Para 5.19 of Hand Book of Procedure of FTP 2015-20 are also considered before issuance of the demand notice etc. This stipulation should also form part of the Check- Sheet for the purpose of EODC.

Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2019

January 31, 2019 21309 Views 0 comment Print

These Regulations may be called the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifth Amendment) Regulations, 2019.

Labelling/ fixing RSP allowed for statutory compliance in Customs Bonded Warehouse

January 31, 2019 7590 Views 0 comment Print

CBIC has decided to allow labelling/ fixing RSP etc. to fulfil statutory compliance requirements in all Customs Bonded Warehouse without the requirement of taking permission under Section 65 of the Customs Act.

Form GSTR 7 Due Date extended to 28th February 2019

January 31, 2019 5616 Views 0 comment Print

Due date for furnishing of FORM GSTR – 7- TDS Return for the months of October, 2018 to December, 2018 Further extended till 28.02.2019. Form GSTR 7 (TDS Return Filing Under GST) Due Date extended to 28th February 2019 from earlier due date of 31st day of January, 2019 MINISTRY OF FINANCE (Department of Revenue) […]

Notification No. 07/2019-Customs (N.T.) Dated 31st January 2019

January 31, 2019 1368 Views 0 comment Print

Tariff Notification No. 07/2019-CUSTOMS (N.T.) 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. 07/2019-CUSTOMS (N.T.) New Delhi, 31st January, 2019 11 Magha, 1940 (SAKA) S.O. … […]

Bank of India, Bank of Maharashtra & OBC taken out of PCA framework

January 31, 2019 1032 Views 0 comment Print

RESERVE BANK OF INDIA Date : Jan 31, 2019 Prompt Corrective Action Framework On a review of the performance of Public Sector Banks (PSBs) currently under the Prompt Corrective Action Framework (PCAF), it was noted that a few banks are not in breach of the PCA parameters as per their published results for the quarter […]

SEBI: Systems deemed to be based on AI and ML technology

January 31, 2019 906 Views 0 comment Print

SEBI is conducting a survey and creating an inventory of the AI / ML landscape in the Indian financial markets to gain an in-depth understanding of the adoption of such technologies in the markets and to ensure preparedness for any AI / ML policies that may arise in the future.

CBDT amends notification on Angel Taxation

January 31, 2019 1956 Views 0 comment Print

Central Government hereby makes following amendment to the notification number S.O. 2088(E) dated the 24th May, 2018 published in the Gazette of India

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