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Notifications/Circulars

CBIC extends time period for furnishing final Mega power project certificate

June 7, 2022 1470 Views 0 comment Print

Seeks to amend notification no. 50/2017-Customs dated 30.06.2017 extending the time period for furnishing the final Mega power project certificate from 120 months to 156 months and extending the period of validity of security in the form of Fixed Deposit Receipt or Bank Guarantee from 126 months to 162 months, in case of provisional mega […]

Govt rescinds notification Anti-dumping duty on imports of Hydrogen Peroxide

June 7, 2022 2067 Views 0 comment Print

Central Government revokes the anti-dumping duty imposed on ‘Hydrogen Peroxide’, falling under tariff item 2847 00 00 of the First Schedule to the said Act, originating in or exported from Bangladesh, Taiwan, Korea RP, Indonesia, Pakistan and Thailand, and imported into India. MINISTRY OF FINANCE DEPARTMENT OF REVENUE Notification No. 20/2022-Customs (ADD) New Delhi, the […]

SEBI directs Brokers & DPs to identify & classify critical assets based on their sensitivity & criticality

June 7, 2022 1437 Views 0 comment Print

tock Brokers / Depository Participants shall identify and classify critical assets based on their sensitivity and criticality for business operations, services and data management. The critical assets shall include business critical systems, internet facing applications /systems, systems that contain sensitive data, sensitive personal data, sensitive financial data, Personally Identifiable Information (PII) data, etc.

TNGST Act, 2017- Identification and prevention of bill traders

June 7, 2022 2013 Views 0 comment Print

Our experience shows that the bill traders after getting registrations, issue invoices without supply of goods or services for huge amount within a short span of time.

Inspector of Income Tax to submit Preference of Allocation of Region

June 7, 2022 10077 Views 0 comment Print

With reference to his/her application for recruitment to the post of Inspector of Income Tax in CBDT on the basis of Combined Graduate Level Examination 2019, the candidate selected as Inspector of Income Tax in CBDT is directed to indicate/exercise his/her preferences, in order of priority for allotment of 18 regions under Income Tax Department (CBDT) all over the country, in the enclosed format.

DGFT reduces compliance burden for applying EODC

June 7, 2022 2076 Views 0 comment Print

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Public Notice No. 11/2015-2020-DGFT | Dated the 07-June, 2022 Subject: Amendments in Para 2 (b)(i) of the ‘Guidelines For Applicants’ under ANF-4F of Handbook of Procedures 2015-2020. F. No. 01/94/180/234/AM-20/PC-4.—In exercise of powers conferred under Paragraph 1.03 […]

DGFT relaxes provision of submission of ‘Bill of Export’ for Advance Authorisation

June 7, 2022 2256 Views 2 comments Print

Relaxation in provision of submission of ‘Bill of Export’ as an evidence of export obligation discharge for supplies made to SEZ units in case of Advance Authorisation.

Branches of Indian Banks operating in GIFT-IFSC acting as PCM of IIBX

June 7, 2022 903 Views 0 comment Print

Branches of Indian Banks operating in GIFT-IFSC – acting as Professional Clearing Member (PCM) of India International Bullion Exchange IFSC Limited (IIBX)

Guidance note for filing intimations w.r.t. IBC/Inter-Creditors Agreement

June 7, 2022 2094 Views 0 comment Print

Guidance note for filing intimations w.r.t. Insolvency and Bankruptcy Code (IBC) / Inter-Creditors Agreement (ICA) Notice No. 20220607-10 Notice Date 07 Jun 2022 Category Circulars Listed Companies Segment Equity Subject Guidance note for filing intimations w.r.t. Insolvency and Bankruptcy Code (IBC) / Inter-Creditors Agreement (ICA) Content The Company Secretary All Listed Companies / Interim Resolution […]

Punishment for non compliance- NFRA Amendment Rules, 2022

June 7, 2022 1716 Views 0 comment Print

Whoever contravenes any of the provisions of these rules, shall be punishable with fine not exceeding five thousand rupees, and where the contravention is a continuing one, with a further fine not exceeding five hundred rupees for every day after the first during which the contravention continues.

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