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Notifications/Circulars

GST- Govt notifies 9 Sections of Finance Act, 2020 wef 01.01.2021

December 22, 2020 10524 Views 0 comment Print

Government notifies Sections 119,120,121,122,123,124,126,127 and 131 of Finance Act, 2020 (12 of 2020) related to GST w.e.f 1st January 2021 vide Notification No 92/2020-Central Tax dated 22nd December 2020. Details of such amendment with reference to CGST Act, 2017 is as follows:- Section 10 of CGST Act, 2017- Composition Scheme In section 10(2) of the […]

CRIP initiation under IBC suspended till 24th March 2021

December 22, 2020 2208 Views 0 comment Print

Government issued Notification No. S.O. 4638(E) dated 22nd December, 2020 extending the suspension of Sections 7, 9 and 10 [meant no fresh insolvency filings could be made by financial creditors, operational creditors, and the corporate debtor itself] under Insolvency and Bankruptcy Code by another three months. The suspension was due to expire on 25th December, […]

DFGT amends HS codes in ITC (HS) 2017- Schedule-1 (Import Policy)

December 22, 2020 1044 Views 0 comment Print

Chapter 84 and 85 of ITC (HS) 2017- Schedule-1 Import Policy is amended to incorporate changes as made in the Finance Act, 2020 dated 27th March, 2020.

Amendment in Export Policy of Medical Goggles & Nitrile/NBR Gloves

December 22, 2020 924 Views 0 comment Print

The export policy of Medical Goggles and Nitrile/NBR Gloves is amended from ‘Restricted’ to ‘Free’ category making all types of Medical Goggles and Nitrile/ NBR Gloves freely exportable.

Master Circular on Scheme of Arrangement by Listed Entities & Relaxation under SCRR, 1957

December 22, 2020 3948 Views 0 comment Print

SEBI, from time to time, has been issuing various circulars/directions which lay down the detailed requirements to be complied by listed entities while undertaking schemes of arrangements.

Coal Import now subjected to Coal Import Monitoring System

December 22, 2020 3573 Views 2 comments Print

he Coal Import Monitoring System (CIMS) shall require importers to submit advance information in an online system for import of items and obtain an automatic Registration Number by paying registration fee of Rs. 1 per thousand, subject to minimum of Rs. 500/- and maximum of Rs. 1 lakh, on CIF value.

ADD investigation on imports of Carbon Black used in Rubber Applications

December 22, 2020 1491 Views 0 comment Print

Final Findings Case No. AD-SSR-10/2020 Sunset Review investigation concerning imports of Carbon Black used in Rubber Applications originating in or exported from China PR and Russia- Final Findings

Anti-Dumping Investigation concerning imports of ‘Phenol’ from South Africa

December 22, 2020 492 Views 0 comment Print

Case No. SSR-13/2019 Sunset Review of Anti-Dumping Investigation concerning imports of ‘Phenol’ originating in or exported from South Africa. The Authority had initiated the original investigation concerning imports of Phenol originating in or exported from European Union (EU), Singapore and South Africa vide Notification No.14/4/2002-DGAD dated 15th February, 2002.

Draft Insurance Ombudsman (Amendment) Rules, 2020

December 22, 2020 1215 Views 0 comment Print

These rules may be called the Insurance Ombudsman (Amendment) Rules, 2020. In the Insurance Ombudsman Rules, 2017, for the words Executive Council of Insurers, the words Council for Insurance Ombudsmen shall be substituted wherever they occur.

Mumbai Police issue prohibitory orders under Section 144

December 22, 2020 1566 Views 0 comment Print

Mumbai Police issue prohibitory orders under Sec 144 banning assembly of 5 or more persons from 22.12.2020 to 5.1.2021

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