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Notifications/Circulars

IRDAI imposes penalty of Rs. 10 Lakh on Bharti Axa General Insurance Company Ltd.

December 30, 2020 561 Views 0 comment Print

he penalty of Rs. 10,00,000/- (Rupees ten lakh only) shall be remitted by the insurer through NEFT/RTGS (bank account details will be communicated separately) within a period of 15 days from the date of receipt of this order.

Anti-subsidy investigations concerning imports of Styrene Butadiene Rubber

December 30, 2020 846 Views 0 comment Print

CASE No. CVD-07/2019 Anti-subsidy investigations concerning imports of Styrene Butadiene Rubber originating in or exported from Korea RP – Final Findings.

Two more brought on board eSANCHIT platform

December 30, 2020 408 Views 0 comment Print

Now, 2 more PGA namely Trade Promotion Council of India (TPCI) and Export Promotion Council for EOUs & SEZs (EPCES) with their LPCOs as detailed below are being brought on board eSANCHIT platform. With this, the total number of PGAs on Board eSANCHIT as on date becomes 53.

Import & Export of vaccines in relation to COVID-19 through courier

December 30, 2020 633 Views 0 comment Print

The COVID-19 pandemic has posed unprecedented challenges to Customs and other administrations the world over. Right from the onset of the pandemic, the Board has been taking various measures to keep import-export supply chains operational and ensure that critical goods are released expeditiously by the Customs.

Filing of Half-Yearly PoSP Returns in IIB Portal

December 30, 2020 2628 Views 0 comment Print

Insurers and insurance intermediaries are therefore advised to upload the Half yearly data on POS portal commencing from the financial year 2020-21. The half yearly data upto September shall be uploaded by 31.01.2021 and the data upto 31.03.2021 by 30.04.2021. In future the half yearly data upto 30/09 shall be uploaded on or before 30/10 and data upto 31/3 by 30/4.

Amendments to Guidelines on Information & Cyber Security for Insurers

December 30, 2020 945 Views 0 comment Print

IRDAI vide its Ref. No: IRDA/IT/GDL/MISC/ 082/04/2017 dated 07-4-2017 had issued Information and Cyber Security Guidelines containing comprehensive cyber security framework for Insurance sector for the purpose of implementing appropriate mechanism to mitigate cyber risks

Incorporation of import policy condition under Exim Code 05040039

December 30, 2020 558 Views 0 comment Print

 Import of only porcine intestinal mucosa [Guts, bladders and stomach of animals (other than fish) whole and pieces thereof, fresh, chilled, frozen, salted, in brine, dried or smoked] under the HS code 05040039 is ‘Free’ subject to obtaining Sanitary Import Permit from the Department of Animal Husbandry and Dairying as per Notification S.O 2666(E) dated […]

CBIC notifies Rate of Exchange of Foreign Currencies wef 31.12.2020

December 30, 2020 1170 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 31st December, 2020, vide Notification No. 114/2020-Customs (N.T.), Dated: 30th December, 2020 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 114/2020 – Customs (N.T.) New Delhi, dated the 30th December, 2020 9 […]

Notification No. 70/2020-Customs (N.T./CAA/DRI) Dated: 29.12.2020

December 29, 2020 492 Views 0 comment Print

Notification No. 70/2020-Customs (N.T./CAA/DRI) [S.O. 4788(E)], Dated: 29.12.2020- Appointment of Common Adjudicating Authority MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) New Delhi, the 29th December, 2020 Notification No. 70/2020-Customs (N.T./CAA/DRI) S.O. 4788(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th […]

RBI Report on Trend & Progress of Banking in India 2019-20

December 29, 2020 1368 Views 0 comment Print

Today, the Reserve Bank of India released the Report on Trend and Progress of Banking in India 2019-20, a statutory publication in compliance with Section 36 (2) of the Banking Regulation Act, 1949. This Report presents the performance of the banking sector, including co-operative banks, and non-banking financial institutions during 2019-20 and 2020-21 so far.

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