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Notifications/Circulars

New Filings at Allahabad HC in E Mode only Wef 27/4/2021

April 26, 2021 555 Views 0 comment Print

In wake of exponential rise in the number of COVID-19 positive cases at Prayagraj and also keeping in view the safety of learned counsel, litigants staff and other stakeholders, Courts in the High Court at Allahabad are functioning through virtual mode only.

MHA allows Few Industries For Use of Liquid Oxygen

April 26, 2021 447 Views 0 comment Print

MHA allowed following industries to use liquid oxygen 1. Ampules & vials; 2. Pharmaceutical; and 3. Defence forces. No. 40-3/2020-DM-I(A) Government of India Ministry of Home Affairs North Block, New Delhi-110001 Dated 26th April, 2021 ORDER In continuation of Ministry of Home Affair’s (MHA) Order of even no. dated 25th April 2021, relating to use […]

GST: Personal Hearing proceedings’ functionality released

April 26, 2021 19587 Views 0 comment Print

Adjudication is one of the modules encompassed in the comprehensive Dispute Settlement and Resolution(DSR) module. The functionality for the personal hearing proceedings of Adjudication module is now available for use by the departmental officers.

Offering of Portfolio Management Service & Investment Advisory Service by BUs – Guidelines

April 26, 2021 639 Views 0 comment Print

Banking Units (BUs) may please refer to the IFSC (Banking) (Amendment) Regulation, 2021 which was notified by the Authority on March 25,2021.The said regulation permits BUs to undertake the following additional activities:

Operationalisation of DGFT ‘COVID-19 Helpdesk’ for International Trade related Issues

April 26, 2021 411 Views 0 comment Print

The Department of Commerce, Government of India and DGFT have undertaken to monitor the status of export and imports and difficulties being faced by trade stakeholders in view of the surge of COVID-19 cases. DGFT has accordingly operationalised a ‘COVID-19 Helpdesk’ to support and seek suitable resolutions to issues arising in respect of International Trade.

Updated Harmonized Master List of Infrastructure Sub-sectors

April 26, 2021 43971 Views 0 comment Print

With the approval of the Competent Authority, an updated Harmonized Master List of Infrastructure Sub-sectors (Annexure-I) is hereby notified. The new list incorporates the following change to the notification dated 13th August, 2018:

IFSCA circular on Computation of Regulatory Capital

April 26, 2021 573 Views 0 comment Print

This circular shall be adopted for computation of regulatory capital prescribed for an FC/FU as the case may be, registered under section 3 of IFSCA (Finance Company) Regulations, 2021 and intending to undertake the activities as mentioned in point 5 and point 6 of the Schedule therein, viz.;

IFSCA Fee structure for Finance Company/Unit

April 26, 2021 447 Views 0 comment Print

ISFCA fee structure for Finance Company/ Units is as follows: a) Application fee: $1000 for new entities (one time) b) Registration fee: $12,500 for new entities (one time) c) Annual fee: $12,500 for all registered Finance Company/Finance Unit (second year onwards)

Govt revises import policy of Melon Seeds to ‘Restricted’

April 26, 2021 3078 Views 0 comment Print

Import policy of Melon Seeds falling under HS Code 12077090 has been revised from ‘Free’ to ‘Restricted’ subject to the revised policy condition vide Notification No. 3/2015-2020 Dated: 26th April, 2021. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) DIRECTORATE GENERAL OF FOREIGN TRADE New Delhi, the 26th April, 2021 Notification No. 3/2015-2020 Subject: Amendment […]

Import policy of mosquito killer racket revised to ‘Prohibited’

April 26, 2021 3336 Views 0 comment Print

Import policy of mosquito killer racket under HS Codes 85167920 and 85167990 is revised from ‘Free’ to ‘Prohibited’ if C.I.F value is below Rs121/per racket vide Notification No. 2/2015-2020 Dated: 26th April, 2021. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the Notification No. 2/2015-2020 Dated: 26th April, […]

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