Amendment in Para 2.17 of the Foreign Trade Policy 2015-20 on “Prohibition on direct or indirect import and export from/to DPRK (Democratic People’s Republic of Korea) in terms of UNSC resolutions concerning DPRK.
Attention of the Members of Trade and Industry, steamers/ Shipping Agents(SA), Port/Terminal Operators and all other persons is invited to the Public Notice No 161/2016, dated 28.11.2016
Self Sealing Permission and Factory Stuffing Permission obtained by the Exporters are to be registered with the EDI Systems,JNCH and the procedure for registration for Self Sealing of export containers are as follow:
The Reserve Bank of India (RBI) has imposed, on March 01, 2018, a monetary penalty of ₹ 4 million on State Bank of India (the bank) for non-compliance with the directions issued by RBI on Detection and Impounding of Counterfeit Notes. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46(4) (i) of the Banking Regulation Act, 1949.
GSTR-5A late fee waiver notification No. 06/2018 – CT dated 23.01.2018 rescinded-Furnishing GSTR-5A after due date shall now attract prescribed late fee
Continued variance in Appeal statistics generated in CIT(A) module of ITBA in the Monthly Disposal Report, especially with regard to the opening balance figures as on 01.04.2017 and opening balances for every month is a matter of great concern for the Board.
Joint Venture -taxable services provided by the members of the Joint Venture (JV) to the JV and vice versa and inter se between the members of the JV
As difficulties are still being faced in submission of Aadhar as identify document by the pensioners & Members of EPS 1995 in the state of Assam, the issue is again re-examined & it has been decided that Aadhar may not be insisted from new members who join EPS 1995 till 31.03.2018 in Assam.
RBI has imposed, on February 27, 2018, a monetary penalty of ₹ 20 million on Indian Overseas Bank (the bank) for non-compliance with the directions issued by RBI on Know Your Customer (KYC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to the aforesaid directions/guidelines issued by RBI.
Export Obligation Period with pre- import condition from the date of clearance of each import consignment by Customs Authority- With this Public Notice, inputs/import items specified in Appendix 4J his been amended.
