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Notifications/Circulars

Advance Ruling Authority -MVAT

October 6, 2020 1404 Views 0 comment Print

Commissioner of State Tax, Maharashtra State, hereby constitute the Advance Ruling Authority, comprising the following members : Shri Govind Vasantrao Bilolikar (CST-APP-F-002)

Procedure of movement of goods under TIR Carnets

October 6, 2020 1113 Views 0 comment Print

Attention of the Importers, Exporters, General Trade and all other stakeholders is invited to PN No. 153/2018 dt. 06.12.2018 issued by the Commissioner of Customs, JNCH read with Central Board of Indirect Taxes & Customs Circular No. 48/2018-Customs dt.03.12.2018 on the above mentioned subject.

8 Recommendations of the 42nd GST Council Meeting

October 5, 2020 26829 Views 1 comment Print

Ministry of Finance Recommendations of the 42nd GST Council Meeting Posted On: 05 OCT 2020 The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag […]

Central Govt constitutes Monetary Policy Committee of RBI

October 5, 2020 393 Views 0 comment Print

In exercise of powers conferred by section 45ZB of the Reserve Bank of India Act, 1934, Central Government constitutes Monetary Policy Committee of RBI

Product Labeling in Mutual Fund schemes – Risk-o-meter

October 5, 2020 2391 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/DF3/CIR/P/2020/197  October 05, 2020 All Mutual Funds/ Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Sir/ Madam, Subject: Product Labeling in Mutual Fund schemes – Risk-o-meter 1. Please refer to SEBI circular no. CIR/IMD/DF/5/2013 dated March 18, 2013 […]

Review of Dividend option(s) / Plan(s) in case of Mutual Fund Schemes

October 5, 2020 1137 Views 0 comment Print

There is a need to clearly communicate to the investor that, under dividend option of a Mutual Fund Scheme, certain portion of his capital (Equalization Reserve) can be distributed as dividend.

CBIC appoints common adjudicating authority- N/No. 02/2020-CE (N.T.)

October 5, 2020 2238 Views 0 comment Print

Notification No. 02/2020-Central Excise (N.T.) Central Board of Indirect Taxes and Customs, appoints the officer specified in column (2) of the table below to act as a common adjudicating authority and invests him with all the powers of Central Excise Officers specified in column (3) of the said table to be exercised for such purposes as specified in column (4) of the said table respectively.

CBIC extends RoSCTL scheme validity

October 5, 2020 1404 Views 0 comment Print

CBIC amends notification No.13/2020-Customs dated 14.02.2020 for extending the RoSCTL scheme validity from 31.03.2020 to 31.03.2021 or until such date the RoSCTL scheme is merged with RoDTEP scheme, whichever is earlier. Notification No. 36/2020-Customs Dated:  5th October, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 36/2020-Customs New Delhi, the 5th October, […]

Roll out of GST e-invoice initiative is a success: CBIC Chairman

October 5, 2020 618 Views 0 comment Print

It is also a matter of satisfaction that the roll out of the e-invoice initiative on 01/10/2020 for businesses with turnover above Rs. 500 crores has been a success. In three days, as of 03/10/2020, more than 26,000 distinct taxpayers have generated upwards of 24 lakh IRNs (Invoice Reference Number). This would benefit the taxpayer by reduced compliance cost and would also simplify compliance verification.

Standardization of timeline for listing of securities issued on a private  placement basis under

October 5, 2020 1767 Views 0 comment Print

SEBI has been receiving requests from various market participants for clarification on the time period within which securities issued on private placement basis under SEBI ILDS, SEBI NCPRS, SEBI SDI and SEBI ILDM Regulations need to be listed after completion of allotment.

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