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Notifications/Circulars

Transfer/ posting of 19 Officers by CBIC wef 3rd November, 2020

November 3, 2020 3000 Views 0 comment Print

Office Order No. 124/2020 With the approval of Competent Authority, the following transfer and posting in the grade of Pr. Chief Commissioner/ Pr. Director General/Chief Commissioner/Director General of Customs & Central Excise, is hereby ordered with immediate effect and until further orders:-

Creation of Security in issuance of listed debt securities & ‘due diligence’ by debenture trustee(s)

November 3, 2020 2625 Views 0 comment Print

Regulation 13 of the DT Regulations stipulates that the debenture trustee shall enter into a written agreement with the Issuer before the debenture trustee agrees to act as debenture trustee in respect of the said issue of debt securities.

SEBI amends Schemes of Arrangement by Listed Entities

November 3, 2020 2196 Views 0 comment Print

SEBI Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017 has laid down the framework for Schemes of Arrangement by listed entities and relaxation under Rule 19(7) of the Securities Contracts (Regulation) Rules, 1957.

CBIC notifies Rate of Exchange of Foreign Currencies wef 04.11.2020

November 3, 2020 633 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 4th November, 2020 vide Notification No. 104/2020-Customs (N.T.), Dated: 3rd November, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 104/2020 – Customs (N.T.) New Delhi, dated the 3rd November, 2020 12 Kartika […]

Advisory for Financial Sector Organizations regarding SaaS based solutions

November 3, 2020 1689 Views 0 comment Print

Indian Computer Emergency Response Team (CERT-in) has issued an advisory for Financial Sector organizations. The advisory has been forwarded to SEBI for bringing the same to the notice of financial sector organization. The advisory is enclosed at Annexure A of this circular.

GST e-Invoice completes one month on 31st October

November 2, 2020 1050 Views 0 comment Print

e-Invoice – A path breaking initiative completes one month on 31st October. More than 495 Lakh e-invoices have been generated on the NIC portal by 27,400 tax payers within the first month of introduction. 641 Lakh e-way bills generated  during month of October, 2020, highest in a month during two and half years of journey of e-way bill system

GST compensation: Govt facilitated loans of Rs 12,000 crore to States/UTs

November 2, 2020 219 Views 0 comment Print

Central Government releases Rs 6,000 crore as second tranche to 16 states and 3 Union Territories on account of GST compensation under Special Borrowing Window. Ministry of Finance has facilitated loans of Rs 12,000 crore till date under the Special Window to States/UTs

Loans of more than Rs. 2 lakh crore sanctioned under ECLGS

November 2, 2020 417 Views 0 comment Print

The Union Government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one month till November 30th, 2020, or till such time that an amount of Rs. 3 lakh crore is sanctioned under the Scheme, whichever is earlier, in view of the opening up of various sectors in the economy and the expected increase in demand during the ongoing festive season.

Weekly newsletter from Chairman, CBIC dated 02/11/2020

November 2, 2020 630 Views 0 comment Print

The month of November has commenced on a very heartening note. Gross GST revenue for the month of October, 2020, has touched Rs. 1,05,155 crore which is 10% higher than the GST revenue in the same month last year.

Guidelines for online e-hearing before GST AAR Maharashtra

November 2, 2020 1023 Views 0 comment Print

The Authority for Advance Ruling under Maharashtra Goods and Services Tax Act, 2017 will be conducting physical hearing of all applicants from its establishment at Mumbai, in respect of Advance Ruling Application filed by the said applicants.

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