CBIC imposes anti-dumping duty on imports of Normal Butanol or N-Butyl alcohol originating in or exported from European Union, Malaysia, Singapore, South Africa and United States of America for a further period of 5 years vide Notification No. 21/2021-Customs (ADD) Dated 12th April, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 21/2021-Customs […]
Government of India has approved the extension of Interest Equalization Scheme for pre and post shipment Rupee export credit, with same scope and coverage, for three more months i.e., upto June 30, 2021. The extension takes effect from April 01, 2021 and ends on June 30, 2021 covering a period of three months.
1. (1) These regulations may be called the International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021. (2) They shall come into force on the thirtieth day of its publication in the Official Gazette.
In order to bring a certain level of consistency in the practices of real estate agents, enhance knowledge and awareness of regulatory framework and practices, enforcement of code of conduct and to discourage incompetent agents, it is proposed to introduce Basic Capacity Building and Certification for Real Estate Agents. In this regard, a Steering Committee is being constituted to advise and provide recommendations for implementation ot this initiative. The composition of the Steering Committee shall be as follows:
There has been encouraging news from Kolkata on the trade facilitation front. On the 7th of April, our officers cleared the second riverine protocol route for exports from Bangladesh to India. A barge laden with 40,000 cartons of food products started its journey from Palash in Bangladesh and reached Kolkata in eight days after travelling around 710 Kms on the inland waterway.
The export of Injection Remdesivir and Remdesivir Active Pharmaceutical Ingredients (API) falling under the ITCHS Codes specified above or falling under any other HS Code has been prohibited, with immediate effect.
Government notifies that under Post Office Savings Account Scheme, 2019 what Type of Account can be opened, Who may open the account, Deposit required for opening of account, Number of accounts that can be opened Type of deposits that can be made into the account, Minimum balance to be maintained in the account and Who […]
A relaxation in the late cut provisions have been provided for Shipping bill (s) of the period 01.04.2019 to 31.03.2020 , so that if such shipping bills are submitted on or before 30.09.2021, for an MEIS claim, no late cut would be applicable.
Government of India has approved a new Central Sector Scheme – ‘Production Linked Incentive Scheme for Food Processing Industry’ for implementation during 2021-22 to 2026-27 with an outlay of Rs. 10,900 crore.
All officers should take note of the following observations of Hon’ble CAT (PB), New Delhi made while disposing matter related to over-valued export of glass beads under erstwhile DEPB Scheme:
