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Notifications/Circulars

Specially Distinguished Record of Service Medal to 29 CBIC Officers

January 25, 2022 1080 Views 0 comment Print

President is pleased to award Appreciation Certificates and Medals for Specially Distinguished Record of Service to the officers and staff of CBIC, Department of Revenue, on the occasion of the Republic Day, 2022

Amendment in Export Policy of Human Hair

January 25, 2022 5211 Views 3 comments Print

The export policy of human hair, unworked, whether or not washed or scoured; waste of human hair or any other form of raw human hair under ITC (HS) Code 0501 has been put under restricted category, with immediate effect.

Introduction of online PAN verification functionality in Finacle CBS System

January 25, 2022 12963 Views 0 comment Print

At present, in Finacle CBS System, the PAN Card of the Depositors are updated as part of KYC compliance. The PAN Card entered in the system is validated only based on the standard PAN format i.e. 10 ALPHA Numeric Characters. But the correctness of the PAN card numbers provided by the Depositors or the PAN entered by the Post Office officials are not validated with NSDL currently.

SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2022

January 25, 2022 5148 Views 0 comment Print

Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2022. The SEBI has notified vide Notification No. SEBI/LAD-NRO/GN/2022/71 Dtd. 25th January, 2022 a new set of regulations to amend the existing SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003, which […]

Government approves plan for transfer of assets by Air India Limited to AI Assets Holding Limited

January 24, 2022 777 Views 0 comment Print

The Central Government hereby approves the following as plan approved by the Central Government for transfer of assets by Air India Limited to AI Assets Holding Limited: 1. The Restated Framework Agreement entered into by and between Air India Limited (AI) and AI Assets Holding Limited (formerly known as Air India Assets Holding Limited) (AIAHL) dated 05 January 2022;

Weekly newsletter from Chairman, CBIC dated 24/01/2022

January 24, 2022 1305 Views 0 comment Print

On the Anti-Evasion front, based on specific inputs from the. Directorate General of Analytics and Risk Management, Nhava Sheva Customs intercepted 47 Containers, declared to contain 1200 MT Anode Butts. However, examination revealed that the goods were used/waste Anode Butts.

e-filing of Non-Preferential CoO – Various enhancements

January 24, 2022 1776 Views 0 comment Print

In this reference, it is informed that the transition period for mandatory filing of applications for Non-Preferential Certificate of Origin through the e-CoO Platform has been extended till 31st March 2022. The existing systems for submitting and processing non-preferential CoO applications in manual/ paper mode is permitted for the stated time period and the electronic system is not being made mandatory.

SEBI (Credit Rating Agencies) (Amendment) Regulations, 2022

January 24, 2022 2484 Views 0 comment Print

1. These Regulations may be called the Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.

Anti-dumping Duty on Import of ‘Axles for Trailers’ from China

January 24, 2022 2469 Views 1 comment Print

CBIC imposed Anti-dumping Duty on ‘Axles for Trailers’ originating in or exported from the People’s Republic of China vide Notification No. 4/2022-Customs(ADD), Dated 24.01.2022. MINISTRY OF FINANCE (Department Of Revenue) New Delhi, the 24th January,2022 Notification No. 04/2022-Customs (ADD) G.S.R. 43(E).—Whereas, the designated authority, vide notification No. 7/7/2021-DGTR dated the 19th April, 2021, published in […]

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2022

January 24, 2022 10470 Views 0 comment Print

The SEBI has notified a new set of regulations to amend the existing SEBI (Alternative Investment Funds) Regulations, 2012 which shall come into force on the date of its publication in the Official Gazette i.e., 24th January, 2022. The main aim of this amendment is to introduce the concept of Special Situation Funds. Sr. No. […]

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