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Notifications/Circulars

Bicycles- Retro Reflective Devices (Quality Control) Order, 2023

February 23, 2023 1107 Views 0 comment Print

Order may be called Bicycles- Retro Reflective Devices (Quality Control) Order, 2023. It shall come into force from 1st day of July, 2023

CBIC exempts BCD on ships/ vessels for breaking up

February 23, 2023 1971 Views 0 comment Print

CBIC Exempted Customs Duty and IGST leviable on ‘vessels and other floating structures for breaking up’ Vide Notification No. 13/2023-Customs Dated: 23rd February, 2023. MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi Notification No. 13/2023-Customs | Dated: 23rd February, 2023 G.S.R. 124(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the […]

Application form for setting up of IBC or OEC at IFSC

February 23, 2023 531 Views 0 comment Print

Application form for setting up of International Branch Campus (IBC) or Offshore Education Centre (OEC) at International Financial Services Centre (‘IFSC’)

Mandatory upload of Withdrawal/ KYC documents to enable Parallel Processing of Exit & Annuity for benefit of NPS Subscribers

February 22, 2023 744 Views 0 comment Print

Common proposal for Exit from NPS and for buying annuity from ASP facilitates parallel processing of Lump sum component and Annuity due to which the time taken by ASPs while issuing Annuity Policies is significantly reduced which result in faster Subscriber servicing and timely Annuity issuance.

Advisory for SEBI Regulated Entities (REs) regarding Cybersecurity best practices

February 22, 2023 2979 Views 0 comment Print

Considering the interconnectedness and interdependency of the financial entities to carry out their functions, the cyber risk of any given entity is no longer limited to the entity’s owned or controlled systems, networks and assets.

Weekly newsletter from Chairman, CBIC dated 22/02/2023

February 22, 2023 651 Views 0 comment Print

Libraries are more than just books. They are vibrant hubs of knowledge, learning, and community. They provide access to information and resources that help us reach our goals, share ideas and explore new vistas. Ever since the days of our ancient universities, Nalanda and Taxila, libraries have played a crucial role in our intellectual and cultural evolution.

MCA allows physical filing of Forms GNL-2, MGT-14, SH-8, SH-9 & SH-11

February 22, 2023 8832 Views 0 comment Print

Clarification about filing of Form GNL-2, for the purposes of filing prospectus related documents, MGT-14, PAS-3 and SH-8 during 22.02.2023 to 31.03.2023 due to process of stabilization of 45 forms launched with effect from 23.01.2023.

Applicability of amended Plastic Waste Management Rules, 2016 on imported goods

February 22, 2023 3879 Views 1 comment Print

Importers of goods which are not plastic packaging, but are coming wrapped or packed in plastic packagings, such as machinery, textile, etc., are required to upload the EPR registration in e-sanchit at the time of filing of the Bills of Entry to avoid any query on this issue.

MCA imposes Rs. 92 Lakh penalty for delay in Transfer of Unspent CSR Fund

February 22, 2023 17319 Views 0 comment Print

Violation of Section 135(6) of Companies Act, 2013 by M/S. Kony India Private Limited as company failed to transfer an unspent amount of Rs. 42,09,263/- to the Unspent Corporate Social Responsibility Account within the specified time frame. The company has since transferred the amount, but a penalty has been imposed. The penalty for the company […]

Amendment in Circular No. 26/2016-Customs dated 09.06.2016

February 21, 2023 4041 Views 0 comment Print

It has been brought to notice that cases of such antecedent verification arc lacing unreasonable delays at certain field formations. In order to ensure that this task is completed in a time hound manner. it has been decided to amend the aforesaid Circular 26/2016-Customs by inserting the following sentence at the end of Para 4.1

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