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Notifications/Circulars

Operationalization of “one time default intimation” to Shipping Lines by DPD importers at JNCH

March 9, 2018 6489 Views 0 comment Print

Advance intimation is required to be submitted by importer through their official email id to shipping line at least 72 hours before expected arrival of the vessel informing the details such as Bill of Lading Number, Details of consignment, DPD client code allotted by Terminal operator & Preferred CFS and its Code (stacking code). Accordingly, Shipping Lines prepare and submit Import Advance List (IAL) to Port Terminal indicating details of such consignment including stacking code ro enable Port Terminal to decide stacking plan these containers.

DGFT Measures to expeditious clearance, proper assessment and reporting

March 9, 2018 822 Views 0 comment Print

Attention of all the officers working in the Assessment Groups and CFS/Docks under the jurisdiction of NS-I to V Commissionerates is invited to the following guidelines with regard to expeditious clearance of goods:

Bank Guarantee for extension of Warehousing Bonds as per CBEC Circular

March 9, 2018 10323 Views 0 comment Print

As per the said Board’s Circular No. 21/ 2016-Customs, ‘security’ is to be furnished for seeking extension in warehousing period for storage of sensitive & non-sensitive goods by way of furnishing Bank Guarantee inter alia subject to certain conditions mentioned at Para 4 of the said Circular.

EPFO to open MAY I HELP YOU Counters to facilitate online claim filing

March 9, 2018 2487 Views 0 comment Print

It is proposed to have a campaign for going paper-free during the next two months, namely, March and April, 2018 with focus on verifying AADHAAR for the members so that all claims are received online avoiding submission of paper-claims

Issuance of Form E-13 before LEO for Export Containers in JNCH

March 8, 2018 8523 Views 0 comment Print

Attention of all the exporters, and stakeholders is invited to the various Public/Facility Notices issued by Jawaharlal Nehru Custom House (JNCH) about the procedure with regard to Export of Containers through various Parking Plazas. Representations have been received from Exporters for clarification whether the furnishing of Form E-13

CIT (Appeals) should timely issue & dispatch appellate orders

March 8, 2018 11385 Views 0 comment Print

It is once again reiterated that the CIT (Appeals) should abide by the instructions of CBDT regarding timely issue and dispatch of appellate orders in letter and spirit. It is also important to note that the Apex Court has held that CIT (Appeals) has plenary powers in disposing of an appeal. These powers must be used by CIT (Appeals) judiciously while passing appellate orders.

Companies (Filing of Documents and Forms in XBRL) Amendment Rules, 2018

March 8, 2018 4950 Views 0 comment Print

(1) These rules may be called the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette.

Substitution of ICSI, ICAI and RBI nominee on NACAS

March 8, 2018 1863 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 210A of the Companies Act, 1956, (1 of 1956), the Central Government hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Corporate Affairs, number S.O. 3118 (E), dated the 3rd October, 2016

Separate limit of Interest Rate Futures for Foreign Portfolio Investors

March 8, 2018 729 Views 0 comment Print

It has been decided to allocate a separate limit of INR 5,000 crore to FPIs for taking long position in IRFs. Para 13 (d) of Annexure 1 to SEBI Circular CIR/MRD/DRMNP/35/2013 dated December 05, 2013 and Para 13 (c) of Annexure 1 to SEBI Circular CIR/MRD/DRMNP/11/2015 dated June 12, 2015 stand partially modified to that extent.

CBEC amends E-Way Bill rules: CGST (Second Amendment) Rules, 2018

March 7, 2018 79530 Views 0 comment Print

138. Information to be furnished prior to commencement of movement of goods and generation of e-way bill.- (1) Every registered person who causes movement of goods of consignment value exceeding fifty thousand rupees—

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