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CBIC withdraws 15 redundant Custom Duty Notifications

February 1, 2022 1131 Views 0 comment Print

Seeks to rescind 10/1995-Customs, dated the 7th March, 1995, 26/1999- Customs, dated the 28th February, 1999, 27/2004- Customs, dated the 23rd January, 2004, 14/2006- Customs, dated the 1st March, 2006, 48/2006- Customs, dated the 26th May, 2006, 90/2007- Customs, dated the 26th July, 2007, 8/2011- Customs, dated the 14th February, 2011, 24/2011- Customs, dated the […]

CBIC withdraws notifications prescribing additional custom duty on transformer oil import

February 1, 2022 1479 Views 0 comment Print

Seeks to rescind notification Nos. 190/1978-Customs and 191/1978-Customs both dated 22th September, 1978 prescribing additional duty of customs on imports of transformer oil equivalent to such portion of the excise duty leviable on the raw material commonly known as transformer oil base stock or transformer oil feedstock vide Notification No. 04/2022-Customs Dated 1st February, 2022 […]

Changes in exemption from Social Welfare Surcharge on Certain Goods

February 1, 2022 8640 Views 0 comment Print

Seeks to further amend notification No. 11/2018- Customs dated 2nd February, 2018 so as to exempt certain goods from Social Welfare Surcharge (SWS) and to withdraw SWS exemption on certain textile items vide Notification No. 03/2022-Customs Dated 1st February, 2022 to give effect to Changes prescribed vide Union Budget 2022-23 i.e. Finance Bill 2022. GOVERNMENT […]

Govt amends Basic Customs Duty (BCD) rates wef 02.02.2022

February 1, 2022 35652 Views 0 comment Print

Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe effective rate of Basic Customs Duty (BCD) vide Notification No. 02/2022-Customs Dated 1st February, 2022 to give effect to Changes prescribed vide Union Budget 2022-23 i.e. Finance Bill 2022. New Delhi, the 1st February, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE […]

Constitution (Scheduled Tribes) Order (Amendment) Bill, 2022 introduced in Lok Sabha

January 31, 2022 1758 Views 0 comment Print

Constitution (Scheduled Tribes) Order (Amendment) Bill, 2022 seeks to amend the Constitution (Scheduled Tribes) Order, 1950, by amending the list of Scheduled Tribes in the State of Tripura. The amendment in the list of Scheduled Tribes relating to the State of Tripura may entail additional expenditure on account of benefits to be provided to the persons belonging to the communities proposed in the Bill under the continuing schemes meant for the welfare of the Scheduled Tribes.

Government removes restriction on Export of Syringes

January 31, 2022 546 Views 0 comment Print

The export policy of all kinds of syringes falling under HS code as mentioned above or falling under any other HS code has been made ‘Free’ with immediate effect.

SEBI {KYC (Know Your Client) Registration Agency} (Amendment) Regulations, 2022

January 28, 2022 2424 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India {KYC (Know Your Client) Registration Agency} (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.

National Bank for Financing Infrastructure and Development General Rules, 2022

January 28, 2022 972 Views 0 comment Print

(1) These rules may be called the National Bank for Financing Infrastructure and Development General Rules, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

Section 10(46) exemption to West Bengal Electricity Regulatory Commission

January 27, 2022 1368 Views 0 comment Print

Vide Notification No. 12/2022 – Income Tax | Dated:  27th January, 2022 CBDT notifies Tax Exemption to ‘West Bengal Electricity Regulatory Commission’, Kolkata, a Commission constituted by the State Government of West Bengal, in respect of the specified income under section 10(46) of Income Tax Act, 1961. CBDT corrects its mistake in Notification Numbering MINISTRY […]

Telecommunication Tariff (Sixty Sixth Amendment) Order, 2022

January 27, 2022 450 Views 0 comment Print

TRAI Authority may notify different rates for different persons or class of persons for similar telecommunication services and where different rates are fixed as aforesaid the Authority shall record the reason therefor

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