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Notifications/Circulars

BCD rate on Lentils (Masur) imported from USA amended to 20%

September 17, 2021 1053 Views 0 comment Print

Seeks to amend the BCD rate on Lentils (Masur) [0713 40 00], originating in or exported from USA to 20%. Notification No. 44/2021- Customs | Dated: 17th September, 2021 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 44/2021- Customs | Dated: 17th September, 2021 G.S.R. 640(E).—In exercise of the powers conferred by sub-section […]

Anti-Dumping Investigation -Imports of Ofloxacin & its intermediates

September 17, 2021 813 Views 0 comment Print

(Case No. AD-OI-12/2021) Initiation of Anti-Dumping Investigation concerning imports of Ofloxacin and its intermediates originating in or exported from China PR.

No Section 194A TDS on Interest payment to Scheduled Tribe by Scheduled Bank

September 17, 2021 4992 Views 0 comment Print

CBDT notifies that no Section 194A TDS will be deducted by ‘Scheduled Bank on payment of interest, other than interest on securities to Scheduled Tribe residing in any specified area, and the payment as referred above is accruing or arising to the receiver as referred to in section 10(26) if the payment made or aggregate […]

Bullion Trading Member and Clearing Members in GIFT-IFSC

September 17, 2021 1227 Views 0 comment Print

It has been decided to permit all members of the stock exchanges and clearing corporations in GIFT-IFSC to be enabled as Bullion Trading/Clearing Members subject to the fulfilment of requisite net worth criteria as specified by the Authority.

Special Drive for Risky Exporter Refund verification

September 17, 2021 3843 Views 0 comment Print

As explained in the Circular, CBIC has taken measures to apply stringent risk parameters-based checks driven by rigorous data analytics and Artificial Intelligence tools and based on the same, certain exporters were taken up for further verification.

Functionality for fetching of Bill of Entry details from ICEGATE Portal

September 17, 2021 14973 Views 1 comment Print

On demand fetching of Bill of Entry details from ICEGATE Portal 1. To help importers of goods, and recipients of supplies from SEZ, search Bill of Entry details, which did not auto-populate in GSTR-2A, a self-service functionality has been made available on the GST Portal that can be used to search such records in GST […]

Aadhaar Linking, penalty proceedings completion due date extended

September 17, 2021 19161 Views 1 comment Print

Time limit for intimation of Aadhaar number to the Income tax Department for linking of PAN with Aadhaar has been extended from 30th September, 2021 to 31st March, 2022. The due date for completion of penalty proceedings under the Act has also been extended from 30th September, 2021 to 31st March, 2022.

Generation of EWB where principal supply is Supply of services: Advisory

September 16, 2021 9327 Views 1 comment Print

Advisory for Taxpayers regarding Generation of EWB where the principal supply is Supply of services. 1. Representations have been received from various trade bodies stating that they are not able to generate EWB bill for movement of those goods where their principle supply is classifiable as a service, since there is no provision for generating […]

CBIC Notifies Rate of Exchange of Foreign Currencies wef 17.09.2021

September 16, 2021 1926 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 17th September, 2021, vide Notification No. 74/2021 – Customs (N.T.) | Dated: 16th September, 2021 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 74/2021 – Customs (N.T.) New Delhi, dated […]

Profile of CRA & benefits/features offered by them

September 16, 2021 867 Views 0 comment Print

As per Section 21(1) of PFRDA Act 2013, PFRDA had appointed multiple Central Record Keeping Agencies (CRAs) in the public interest and in order to provide the choice to its stake holders for catering to their specific requirements. CRAs which are appointed by PFRDA are mentioned below in the alphabetical order,

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