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Notifications/Circulars

Imports of PVC Suspension Grade Resin into India from Japan- Reg.

July 23, 2021 963 Views 0 comment Print

Case No. (SG) 6/2020 Termination of Bilateral Safeguard Investigation concerning imports of “PVC Suspension Grade Resin” into India from Japan under India-Japan Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017- Reg.

IRDAI Standards & Benchmarks for Hospitals in provider Network- Reg.

July 23, 2021 1236 Views 0 comment Print

Standards and Benchmarks for the Hospitals in the provider Network- taking into consideration the prevailing COVID-19 pandemic, the timelines for complying with the standards and benchmarks stands extended for a further period of one year for all the existing network providers as on the date.

Annual return Filing by composition taxpayers & Negative Liability in GSTR-4

July 22, 2021 16347 Views 1 comment Print

Filing of Annual returns by composition taxpayers. – Negative Liability in GSTR-4 Filing of Annual returns by composition taxpayers. – Negative Liability in GSTR-4 Instances have come to notice where taxpayers are reporting negative liability appearing in their GSTR-4. Background: Since FY 2019-20, composition taxpayers has to pay the liability through Form GST CMP-08 on […]

Handling Surrender requests of Annuity Policies issued to NPS Subscribers by ASPs

July 22, 2021 1032 Views 0 comment Print

PFRDA has been receiving requests for surrender of annuity policies post its issuance from the annuitants (who were erstwhile NPS Subscribers) or from other intermediaries with whom such Annuitants were associated earlier as NPS Subscribers. The Surrender is of two types viz surrender due to the applicability of Old Pension in case of Govt Sector subscribers and surrender due to any personal reasons including critical illness.

MahaRERA: Clarification regarding Formats for consent of allottees

July 22, 2021 10401 Views 0 comment Print

Whereas MahaRERA Circular No. 28/2021 dated 8th March 2021, provides for format for making application under section 7(3) for obtaining consents of at least 51 % of allottees. Where the same MahaRERA Circular No. 28/2021 also provides for format for making application under section 14(2) by obtaining consent of at least two thirds of allottees.

Implementation of RMS for processing of Duty Drawback Claims – reg

July 22, 2021 1104 Views 0 comment Print

In the second phase, which is now being taken up, RMS will process the shipping bill data after the Export General Manifest (EGM) is filed electronically and will provide required output to ICES for selection of shipping bills for risk-based processing of duty drawback claims.

Handling Surrender requests of Annuity Policies issued to NPS Subscribers by ASPs

July 22, 2021 240 Views 0 comment Print

Under National Pension System (NPS), the Subscribers are allowed to exit as per PFRDA (Exit and Withdrawal) Regulations. Exit regulations of PFRDA mandates for the utilization of the specified amount of accumulated corpus to purchase immediate Annuity to be provided by Annuity Service Providers (ASP) which are empaneled with PFRDA. ASPs are Life Insurance Companies which are regulated by Insurance Regulatory and Development Authority of India (IRDAI).

Solvency certificate of surety for issuance of duplicate certificates (KVP/NSC) – Reg.

July 22, 2021 5991 Views 0 comment Print

SB Order No. 22/2021 F. No. FS-61/5/2020-FS Government of India Ministry of Communications Department of Posts (F.S. Division) Dak Bhawan, New Delhi-110001 Dated:- 22 /07/2021   All Head o1 Circles/Regions Subject:- Amendment in rule 43(2)(vi) of POSB Manual Volume II regarding. Sir/Madam, This office is receiving various representations from the depositors that they are facing […]

BO settlement account in all CBS Post Offices to be blocked w.e.f. 01.08.2021

July 22, 2021 2460 Views 0 comment Print

Keeping in view of duplicacy of work at account office and risk of fraud, competent authority has decided to block BO settlement account (SOL ID-0339) in all CBS Post Offices w.e.f. 1st August 2021. BOs attached with CBS post offices shall do POSB transactions in RICT CBS application only. SB Order No. 21/2021 F. No. […]

Continuous disclosures in compliances by InvITs – Amendments

July 22, 2021 858 Views 0 comment Print

All complaints including SCORES complaints received by the InvIT shall be disclosed in the format mentioned in Annexure – A on the website of the InvIT and also filed with the recognized stock exchange(s), where its units are listed within 21 days from the end of financial year or end of quarter, as the case may be

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