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Notifications/Circulars

Import of pepper under Advance Authorisation Scheme by EOUs & SEZ Units exepted from MIP condition

July 25, 2018 4455 Views 0 comment Print

Import of pepper under Advance Authorisation Scheme, imports by 100% Export Oriented Units (EOUs) and units in the SEZ are ‘Free’ and are exempted from the MIP condition.

Govt amends Import Policy of Arecanut

July 25, 2018 1635 Views 0 comment Print

In supersession of Notificatoin No.35/2015-2020 dt. 17.01.2017 amends the Import Policy of Arecanut- Import of arecanut over and above CIF Rs.251/- per kilogram is free and import below CIF Rs.251/- is prohibited.

CBDT notifies authority U/s. 138 for furnishing information to CEIB

July 25, 2018 2841 Views 0 comment Print

Order under section 138(1)(a) of Income-tax Act, 1961 dated 25.07.2018 issued by the Central Board of Direct Taxes (CBDT), specifying income-tax authorities for furnishing specified information to Director General, Central Economic Intelligence Bureau (CEIB), Department of Revenue, Government of India

CBDT notifies Central Economic Intelligence Bureau u/s 138 of Income-tax Act

July 25, 2018 1995 Views 0 comment Print

Central Government, hereby specifies Director General, Central Economic Intelligence Bureau (CEIB), Department of Revenue, Government of India under section 138(1)(a)(ii) of the Income-tax Act, 1961 vide Notification No. 34/2018- Income Tax dated: 25th of July, 2018

Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018

July 24, 2018 1236 Views 0 comment Print

Introduction: The Reserve Bank of India (RBI) issued the Repurchase Transactions (Repo) Directions in 2018, impacting the financial landscape. This article delves into the key aspects, from the issuance background to the eligible participants and accounting guidelines. Detailed Analysis: 1. Background and Issuance: The directions, released in response to the sixth Bi-monthly Monetary Policy Statement […]

Transfer & Posting of 50 Officers in Addl. / Joint CIT Grade

July 24, 2018 1506 Views 0 comment Print

OFFICE ORDER NO. 118 OF 2018 The following transfer / posting in the grade of Addl. / Joint Commissioner of Income Tax, (Addl. CIT / JCIT) (Local Changes) are, hereby, ordered with immediate effect and until further orders:-

Notification No. 10/2018-Customs (N.T./CAA/DRI) Dated: 24/07/2018

July 24, 2018 1692 Views 0 comment Print

Notification No. 10/2018-Customs (N.T./CAA/DRI) In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extra-ordinary, Part-II, section 3, sub-section (i), and as amended by notification No. 133/2015-Customs (N.T.), published vide number G.S.R. 916(E) dated 30th November 2015 in Gazette of India

CBIC collecting information on GST related issues for MSME

July 23, 2018 4353 Views 0 comment Print

As you are aware, in the 28th GST Council Meeting held on 22nd July, 2018, it was decided to have a GST Council Meeting exclusively to focus upon the issues / hardships faced by Micro, Small & Medium Enterprises (MSME) related to GST on 4r5 August, 2018.The session would consider on all aspects of GST with specific focus upon law

Procedure for nominated agencies to import gold/ silver/ platinum against Export

July 23, 2018 5457 Views 1 comment Print

Circular No. 23/2018-Customs Dated: 23rd July, 2018- Procedure to be followed by nominated agencies importing gold/ silver/ platinum under the scheme for ‘Export Against Supply by Nominated Agencies’-reg. F.No. DGEP/G&J/22/2018 DIRECTORATE GENERAL OF EXPORT PROMOTION Ministry of Finance, Deptt. of Revenue 8th Floor, Tower-2, LIC, Jeevan Bharti Building Connaught Place, New Delhi -110001 Tel: 23722439, […]

Deemed Export Benefits for supplies to projects funded by Organizations such as JICA

July 23, 2018 3966 Views 0 comment Print

The issue of refund/exemption of TED for supplies to the Projects funded by JICA etc. (other than 1BRD, IDA and ADB) under para 8.2(d) of FTP 2009-14 has been considered in this Directorate in consultation with Department of Revenue and Department of Economic Affairs.

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