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Notifications/Circulars

Amendment in Chapter Notes and Import Policy and Policy Conditions of items under Chapter 98 of ITC (HS), 2017 – Schedule -1 (Import Policy)

July 12, 2017 3309 Views 0 comment Print

S.O. (E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends Chapter Notes and Import Policy and Policy Conditions of items of Chapter 98 as under

Branded dried leguminous vegetables will be taxable under GST

July 12, 2017 1959 Views 0 comment Print

G.S.R. (E).- In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.2/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 674(E), dated the 28th June, 2017

12% GST on Citrus fruit, clementines, wilkings, grape fruits, including lemons & limes

July 12, 2017 2106 Views 0 comment Print

G.S.R. (E).- In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.1/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28th June, 2017

Stay on Circular Mandating 10% Additional Pre- Deposit for Appeals before CESTAT

July 11, 2017 1953 Views 0 comment Print

Hon’ble High Court of Delhi on 23.5.2017 has passed an interim order in W.P. No. 4551/2017 and accordingly, the demand of 10% additional mandatory deposit over and above the amount deposited before Commissioner (Appeals) is stayed till further orders. The circular dated 27.4.2017 issued by this office is also kept in abeyance.

Guidelines for participation/functioning of EFIs & FPIs in IFSC- Amendment

July 11, 2017 1194 Views 0 comment Print

In case of participation of an EFI, not registered with SEBI as an FPI, but desirous of operating in IFSC, a trading member of the recognized stock exchange in IFSC may carry out the due diligence on its own or it may rely upon the due diligence carried out by a bank, which is permitted by RBI to operate in IFSC, during the account opening process of an EFI

Amendment to Investor Grievance Redressal System and Arbitration Mechanism

July 11, 2017 2343 Views 0 comment Print

SEBI, vide its Circular No. CIR/CDMRD/DIECE/02/2015 dated November 16, 2015, mandated Investor Grievance Redressal System and Arbitration Mechanism to National Commodity Derivatives Exchanges (herein after referred to as Exchanges) and directed exchanges to comply with the provisions of circulars as issued by SEBI in this regard, with effect from April 01, 2016.

Procedure for chemical examination of cargo of non-hazardous category to be exported in ISO tanks

July 11, 2017 9354 Views 0 comment Print

Attention of all the importers, exporters, Customs Brokers, and other stake holders is invited to the Public Notice No. 46/2017 dated 31.03.2017 on the subject Procedure for clearance of export cargo categorised as Hazardous Goods.

Conditions and safeguards for export without payment of IGST

July 11, 2017 2721 Views 0 comment Print

The Letter of Undertaking shall be furnished in duplicate for a financial year in the annexure to FORM GST RFD –11 referred to in sub-rule (1) of rule 96A of the said rules and it shall be executed by the working partner, the Managing Director or the Company Secretary or the proprietor or by a person duly authorized by such working partner or Board of Directors of such company or proprietor on the letter head of the registered person.

GST-Corrigendum to Notification Rate Schedule-Goods CR-104 dated 11.07.2017

July 11, 2017 4113 Views 1 comment Print

No. MGST. 1017/C.R.104/Taxation-1.—In the Government notification of the Finance Department No. MGST-1017/C.R.104/Taxation-1 [No. 1/2017-State Tax (Rate)], dated the 29th June 2017, published in the Maharashtra Government Gazette, Part IV-B, Extra-ordinary No. 183 dated the 29th June 2017

Corrigendum to Notification for Exempted Goods CR-103 dated 29.06.2017

July 11, 2017 1614 Views 0 comment Print

No. MGST. 1017/C.R.103(1)/Taxation- 1.—In the Government notification of the Finance Department No. MGST. 1017/C.R. 103(1)/Taxation-1 [No. 2/2017-State Tax (Rate)], dated the 29th June 2017, published in the Maharashtra Government Gazette, Part IV-B, Extraordinary No. 182, dated the 29th June 2017

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