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Notifications/Circulars

Guidelines for implementation of IFSCA (FinTech Incentive) Scheme, 2022

September 12, 2022 1113 Views 0 comment Print

IFSCA Issues Guidelines and Application Form for IFSCA FinTech Incentive Scheme, 2022 The International Financial Services Centres Authority (Authority or IFSCA), with an overall objective to promote the establishment of a world-class FinTech Hub, at GIFT International Financial Services Centre (IFSC) in India, launched the IFSCA (FinTech Incentive) Scheme for providing financial support to FinTech […]

Changes and Clarification on IGCRS Rules, 2022

September 10, 2022 5223 Views 0 comment Print

F.No. 450/28/2016-Cus-IV Government of India Department of Revenue Ministry of Finance (Central Board of Indirect Taxes & Customs) North Block, New Delhi, Circular No. 18/2022-Customs |Dated: 10th of September , 2022 To, All Principal Chief Commissioners/ Chief Commissioners of Customs / Customs (Preventive) / Customs and Central Tax, All Principal Commissioners/ Commissioners of Customs / […]

AGMARK certification requirement for imported food consignments postponed

September 9, 2022 927 Views 0 comment Print

FSSAI agreed to keep the requirement of AGMARK certification for imported food consignments in abeyance further orders

Customs procedure for export of cargo in closed containers from ICDs to Bangladesh using Inland Waterways

September 9, 2022 1809 Views 0 comment Print

F.No.550/05/2011-LC(Pt) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs Room No. 49, North Block, New Delhi Circular No. 17/2022-Customs | Dated 09th September, 2022 To, All Principal Chief Commissioners/Chief Commissioners of Customs All Principal Chief Commissioners/Chief Commissioners of Customs (Preventive) All Principal Chief Commissioners/Chief Commissioners of CGST & […]

Amendment to IFSCA guidelines for Liquidity Enhancement Scheme

September 9, 2022 474 Views 0 comment Print

The Scheme shall have prior approval of the Governing Board of the Stock Exchange, which will be valid for one year. The Governing Board of the Stock Exchange may grant annual approval till the time the scheme is in operation. Further, its implementation and outcome shall be monitored by the Governing Board at quarterly intervals.

Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022

September 9, 2022 33633 Views 2 comments Print

MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 74/2022 – Customs (N. T.), Dated: 9th September, 2022 G.S.R. 692(E).—In exercise of the powers conferred by section 156 of the Customs Act, 1962 (52 of 1962), and in supersession of the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017, except as […]

Guidelines for filing/revising TRAN-1/TRAN-2 as per SC order

September 9, 2022 27243 Views 0 comment Print

Guidelines for filing/revising TRAN-1/TRAN-2 in terms of order of Supreme Court in the case of Union of India vs Filco Trade Centre Pvt. Ltd.

6 Lakh penalty on Company and Directors for not mentioning DIN

September 8, 2022 31065 Views 0 comment Print

ROC Ahmedabad imposed penalty of 6,00,000 on Company and Directors for not mentioning DIN in the Financial Statements NO.ROC-GUJ/ADJ-Order/Section 454/STA (V)/2021-22/4454 to 52 Dated:08 Sep 2022 BEFORE THE ADJUDICATING OFFICER REGISTRAR OF COMPANIES, GUJARAT, DADRA & NAGAR IIAVELI IN THE MATTER OF ADJUDICATION Of PENALTY UNDER SECTION 434 (3) OF THE COMPANIES ACT 2013 READ […]

Amendment in Export Policy of broken rice under HS Code 1006 40 00

September 8, 2022 2526 Views 0 comment Print

Export policy of broken rice amended to ensure adequate domestic availability, Move to ensure availability of broken rice for animal feedstock and Ethanol Blending:  Shri Sudhanshu Pandey   Export Policy of broken rice under HS code 1006 40 00 is amended from ‘Free’ to ‘Prohibited’. The Notification will come into effect from 9th of September, […]

CBIC prescribes export duty on specified Rice products

September 8, 2022 4431 Views 0 comment Print

CBIC amends Second Schedule to the Customs Tariff Act to prescribe export duty on specified Rice products vide Notification No. 49/2022-Customs | Dated:  8th September, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 49/2022-Customs | Dated:  8th September, 2022 G.S.R. 689(E) – Whereas, the Central Government is satisfied that […]

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