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Notifications/Circulars

Levy of ADD on imports of Plain Medium Density Fibre Board

October 13, 2020 510 Views 0 comment Print

Seeks to amend notification No. 48/2015-Customs (ADD), dated the 21st October, 2015 to extend the levy of ADD on imports of ‘Plain Medium Density Fibre Board of thickness 6mm and above’ originating in or exported from China PR, Malaysia, Sri Lanka & Thailand, for a period of three months i.e. upto 20th January, 2021. GOVERNMENT […]

Electronic filing & Issuance of Preferential Certificate of Origin w.e.f. 15.10.2020

October 13, 2020 1503 Views 0 comment Print

Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under GSP, GSTP, India-Malaysia CECA, India-Singapore CECA w.e.f. 15th October 2020

Application procedure & criteria for export of Diagnostic kits

October 13, 2020 351 Views 0 comment Print

I. Export of Diagnostic kits as per the export quota fixed above will be allowed for the period from September, 2020 to November, 2020. II. Exporters (Only Manufacturers) may apply online through DGFT’s ECOM system for Export authorizations (Non-SCOMET Restricted items) – Please refer Trade Notice No. 50 dated 18.03.2019. There is no need to send any hard copy of the application via mail or post.

Acceptance of voluntary liquidation assignment without holding valid AFA contravenes IP Regulations

October 13, 2020 390 Views 0 comment Print

In the present matter, Mr. Kumar accepted the assignment of voluntary liquidation in matter of Sambodhi Healthcare Private Limited and Modern Cold Storage Limited without holding valid AFA after 31.12.2019 which is in express contravention of regulation 7A of IP Regulations, which is applicable to voluntary liquidation as well. In consequence, he also contravened code […]

Faceless Assessment – Creation of Facilitation Helpdesk

October 13, 2020 3261 Views 2 comments Print

In addition to other functions, Turant Suvidha Kendra (TSK) at NhavaSheva will act as Facilitation Helpdesk for any grievance related to clearances of the B/E filed in the port.

RBI extends time for Submission of returns U/s. 31 for Co-Op Banks

October 13, 2020 1890 Views 0 comment Print

Reserve Bank hereby extends the period for furnishing of the returns under Section 31 of the Act for the financial year ended on March 31, 2020 by a further period of three months in terms of the first proviso to the above section. Accordingly, all State Co-operative Banks and Central Co-operative Banks shall ensure submission of the aforesaid returns to the Reserve Bank and NABARD on or before December 31, 2020.

Norms on Renewability, Portability & Migration of Standard COVID Health Policy

October 13, 2020 390 Views 0 comment Print

‘Corona Kavach’ and ‘Corona Rakshak’ policies of any tenure may be renewed for further terms of three and half months (3 ½ months), six and half months (6 ½ months) or nine and half months (9 ½ months) as per the option exercised by the policyholder. The renewal shall be subject to the underwriting policy of the insurer.

Appointment of CAA in case of M/s Signet Chemical Corporation Pvt Ltd

October 13, 2020 357 Views 0 comment Print

Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes and Customs) Notification No. 97/2020-Customs (N.T.) New Delhi, the 13th October, 2020 S.O.3569(E).—In exercise of the powers conferred by Sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board […]

Faceless Assessment – Measures for timely assessment of Bills of Entry

October 12, 2020 3552 Views 0 comment Print

As the prompt and timely assessment of Bills of Entry and clearance of imported consignments are key objectives of Turant Customs, these issues have been examined and remedial measures have been identified. Accordingly, Board prescribes the following measures for Faceless Assessment:

Weekly newsletter from Chairman, CBIC dated 12/10/2020

October 12, 2020 888 Views 0 comment Print

We are on the verge of a festival season while our fight against Covid-19 continues unabated even after almost eight months. Our Hon’ble Prime Minister has launched a campaign on 8th October 2020 for a Jan Andolan on Covid-19. It calls for appropriate behaviour from citizens, especially in view of the upcoming festivals in the winter season as well as the opening up of the economy.

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