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Notifications/Circulars

CBIC constitutes Customs, Central Excise & Service Tax Settlement Commission

December 13, 2022 1560 Views 0 comment Print

Customs, Central Excise & Service Tax Settlement Commission – A Filip to Alternative Dispute Resolution Mechanism for expeditious settlement of Show Cause Notices issued under Customs Act/Central Excise Act/Service Tax. Customs, Central Excise & Service Tax Settlement Commission – A Filip to Alternative Dispute Resolution Mechanism for expeditious settlement of Show Cause Notices issued under […]

RBI (Financial Statements – Presentation and Disclosures) Directions, 2021 – Disclosure of material items

December 13, 2022 1842 Views 0 comment Print

Reserve Bank of India RBI/2022-23/154 DOR.ACC.REC.No.91/21.04.018/2022-23 Dated: December 13, 2022 Madam/Sir, Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021 – Disclosure of material items Please refer to the notes and instructions for compilation of Balance Sheet and Profit and Loss Account, for commercial banks, as specified in Annexure II to the Reserve […]

Food Safety and Standards (Advertising and Claims) Second Amendment Regulations, 2022

December 13, 2022 1338 Views 0 comment Print

These regulations may be called the Food Safety and Standards (Advertising and Claims) Second Amendment Regulations, 2022. They shall come into force on the date of their publication in the Official Gazette.

MahaRERA: Non-negotiable clauses in agreement for sale to be executed with allottees -Reg.

December 13, 2022 5562 Views 0 comment Print

It is noticed that promoters are attempting to expand the definition of force majeure to include items beyond the law. Force majeure clause not being in accordance with the explanation given under Section 6 of Act and Rule 6 (a) of the Regulations which provisions are reproduced herein below for ready reference.

Sugar Policy and Sugar Mill wise export quantity of sugar for export in sugar season 2022-23

December 12, 2022 5103 Views 0 comment Print

Government has decided to allocate sugar mill wise export quota of 60 LMT of sugar for export for sugar season 2022-23 w.e.f. 01.11.2022 (list of the sugar mill is enclosed at annexure).

Eligible entities to hedge their exposure to price risk of gold on exchanges in IFSC

December 12, 2022 297 Views 0 comment Print

On a review, it has been decided to permit eligible entities to hedge their exposure to price risk of gold on exchanges in the International Financial Services Centre (IFSC) recognised by the International Financial Services Centres Authority (IFSCA).

DGFT excludes Import item Shea Nut or Shea Butter from Appendix 4J

December 12, 2022 726 Views 0 comment Print

The import item Shea Nut or Shea Butter is excluded from serial number 10 of Appendix 4J with immediate effect vide Public Notice No. 43/2015-2020 | Dated: 12th December, 2022. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) Public Notice No. 43/2015-2020 | Dated: 12th December, 2022 Subject:- Amendment in Appendix […]

Weekly newsletter from Chairman, CBIC Dated: 12.12.2022

December 12, 2022 921 Views 0 comment Print

An organization is only as good as the quality of the individuals who comprise it. We all have our roles, and when we strive to excel in our assigned roles, the entire organization benefits. As we find ourselves at the milestone of 60 years of the Customs Act, perhaps our greatest asset is the women and men who have worked tirelessly to administer the Act, with a sense of fairness, justice and equanimity.

Master Direction – Foreign Exchange Management (Hedging of Commodity Price Risk and Freight Risk in Overseas Markets) Directions, 2022

December 12, 2022 3648 Views 0 comment Print

Master Direction – Foreign Exchange Management (Hedging of Commodity Price Risk and Freight Risk in Overseas Markets) Directions, 2022

CBIC notifies inclusion of Land Customs Stations (Bhithamore and Barhni)

December 12, 2022 579 Views 0 comment Print

Notification No. 106/2022-Customs (N.T.)| Dated: 12th December, 2022 regarding inclusion of two Land Customs Stations (Bhithamore and Barhni) in Notification No. 208/77 -Cus (N.T.) dated 01.10.1977 GOVERNMENT OF INDIA, MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 106/2022-Customs (N.T.)| Dated: 12th December, 2022 G.S.R.876(E).– In exercise of the powers conferred by sub-section (2) of section 76 […]

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