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Notifications/Circulars

Regulatory measures to continue till November 26, 2020

October 22, 2020 483 Views 0 comment Print

It has been decided that the regulatory measures introduced vide SEBI Press Release dated March 20, 2020 shall continue to be in force till November 26, 2020.

Framework for Recognition of a Self-Regulatory Organisation for Payment System Operators

October 22, 2020 525 Views 0 comment Print

The Reserve Bank of India (RBI), as the regulator of payment and settlement systems in the country, sets the necessary regulatory framework, through a consultative process, to ensure that different types of payment systems operate in the country to meet the various payment needs in the economy. Over time, a bouquet of payment instruments has evolved to meet the expectations of different segments of users.

CBDT amends Rule 67- Investment of fund moneys by Recognised Provident Funds

October 22, 2020 7089 Views 0 comment Print

CBDT amends Income Tax Rule 67 related to Investment of fund moneys by Recognised Provident Funds and allowed investment of Funds in Securities having Single Rate ‘A’ or above. Earlier Investment were allowed in Securities having sible Rate of ‘AA’ and above. Notification No. 84/2020-Income Tax Dated: 22nd October, 2020. MINISTRY OF FINANCE (Department of […]

Student arrested in alleged Fake Input Tax Credit case

October 21, 2020 7863 Views 0 comment Print

The kingpin, who hails from Ahmedabad, by floating these large number of fake firms, had issued fake invoices to generate fake Input Tax Credit amounting to Rs 50.24 Crores. This fake illegal credit was eventually passed on in chain to other fake identities by issuing fake invoices and without actual supply of goods and services.

Excise duty exemption on Rosl Scheme Scrips for Apparel & Made-Ups Sectors

October 21, 2020 585 Views 0 comment Print

Notification No. 07/2020–Central Excise – Notification regarding exemption of duties of Central Excise against scrips issued under the RoSL scheme for apparel and made-ups sectors GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 07/2020–Central Excise New Delhi, the 21st October, 2020 G.S.R. ….. (E).- In exercise of the powers conferred by sub-section […]

Custom duty exemption on Scrips Issued Under Rosl Scheme For Apparel & Made-Ups Sectors

October 21, 2020 1239 Views 0 comment Print

Notification No. 38/2020-Customs Regarding Exemption of Duties of Customs Against Scrips Issued Under The Rosl Scheme For Apparel And Made-Ups Sectors GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 38/2020-Customs New Delhi, the 21st October, 2020 G.S.R. 657(E).– In exercise of the powers conferred by sub-section (1) of section 25 of the […]

Guidelines on Insurance Claims of victims of Floods (Oct 2020)

October 21, 2020 315 Views 0 comment Print

Insurance Regulatory and Development Authority of India Ref. No: IRDA/NL/CIR/MISC/ 263 /10/2020 Date: 21-10-2020 All CEOs /CMDs of all General Insurance Companies and Stand-Alone Health Insurance Companies Re: Guidelines on Insurance Claims of victims of Floods (Oct 2020) in the calamity affected districts of Telangana, Andhra Pradesh and other Neighboring States As you are aware, […]

Replacement of High Security vehicle Registration Plates in case of damage

October 21, 2020 64977 Views 8 comments Print

No. RT-11036/56/2019-MVL Government of India Ministry of Road Transport and Highways Transport Bhawan,1, Parliament Street, New Delhi-110001. The 21st October, 2020 To 1. The Principal Secretaries/ Secretaries, Departments of Transport of all the States / UTs 2. The Transport Commissioners of all the States/UTs. Subject: Replacement of High Security Registration Plates in case of damage. […]

Faceless Assessment – Enhancements & certain clarifications

October 21, 2020 1227 Views 0 comment Print

Faceless Assessment – Enhancements and certain clarifications related to reports available to Assessing Officers (AOs and AC/DCs) in ICES – reg.

Implementation of QR code based Sampling Solution at JNCH

October 21, 2020 810 Views 0 comment Print

Attention of the importers, exporters, Customs Brokers and all other stakeholders is invited to the various initiatives / reforms taken by the Government towards Ease of Doing Business (EODB) and Trade Facilitation. As a step towards trade facilitation, QR code based Sampling Solution is being launched FOR TESTING AT JNCH LABORATORY.

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