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DGFT extends relaxation for import of crushed & de-oiled GM soya cake

May 2, 2022 1644 Views 0 comment Print

Relaxation of import provisions under Notification No. 20/2015-20 dated 24.08.2021 to allow import of remaining quantity of 5.50 Lakh MT of crushed & de-oiled GM soya cake upto 30.9.2022 or until further orders, whichever is earlier. Bill of lading of such import consignments to be on or before 30.9.2022 and “Out of Charge” of such […]

Govt amends notification No. 11/2018 Customs to align HS Codes with FA 2022

April 30, 2022 1467 Views 0 comment Print

Govt amends notification No. 11/2018 Customs dated 2nd February, 2018 to align the HS Codes with  Finance Act, 2022 (FA 2022) vide Notification No. 24/2022-Customs | Dated: 30th April, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 24/2022-Customs | Dated: 30th April, 2022 G.S.R. 327(E).—In exercise of the powers conferred by sub-section […]

Govt amends 17 Customs notifications to align HS Codes with FA 2022

April 30, 2022 3141 Views 0 comment Print

Govt amends various Customs Tariff notifications in order to align the HS Codes of the said notifications with the Finance Act, 2022 (FA 2022) vide Notification No. 23/2022-Customs | Dated: 30th April, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 23/2022-Customs | Dated: 30th April, 2022 G.S.R. 326(E).—In exercise of the […]

Notification to give effect to first tranche of India UAE CEPA

April 30, 2022 13806 Views 0 comment Print

Govt issued Notification No. 22/2022-Customs Dated 30th April, 2022 to give effect to first tranche of India UAE CEPA. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 22/2022-Customs | Dated: 30th April, 2022 G.S.R. 328(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of […]

DGFT amends import policy of ITC (HS) Codes 71123000, 71129100, 71129200, 71129910, 71129920, & 71129990

April 29, 2022 1542 Views 0 comment Print

Import policy of ITC (HS) Codes 7112 30 00, 7112 91 00, 7112 92 00, 7112 99 10, 7112 99 20 and 7112 99 90 has been revised from ‘Free’ to ‘Restricted’ with immediate effect.

CBDT Notifies Form and Manner for filing Updated Return

April 29, 2022 53913 Views 4 comments Print

CBDT Notifies vide Notification No. 48/2022-Income Tax Dated- 29.04.2022 Form and Manner for filing updated Income Tax return. Updated return can be filed from the assessment year 2020-21 onwards. Return shall be filed in form no. ITR-U along with applicable ITR form from ITR-1 to ITR-7. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF […]

CBDT notifies Tamilnadu Construction Workers Welfare Board – Section 10(46)

April 28, 2022 1110 Views 0 comment Print

CBDT notifies Tamilnadu Construction Workers Welfare Board under Section 10(46) of Income Tax Act, 1961 vide Notification No. 47/2022-Income Tax, Dated: 20.04.2022. MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) New Delhi, the 28th April, 2022 Notification No. 47/2022-Income Tax S.O. 1977(E).—In exercise of the powers conferred by clause (46) of section […]

IBBI (Liquidation Process) (Amendment) Regulations, 2022

April 28, 2022 2043 Views 0 comment Print

Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2022 – It is hereby clarified that the requirements of this regulation shall apply to the liquidation processes commencing on or after the date of the commencement of the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019.

CERT-In issues directions relating to information security practices

April 28, 2022 3042 Views 0 comment Print

CERT-In issues directions relating to information security practices, procedure, prevention, response and reporting of cyber incidents for Safe & Trusted Internet The Indian Computer Emergency Response Team (CERT-In) serves as the national agency for performing various functions in the area of cyber security in the country as per provisions of section 70B of the Information Technology Act, […]

Clarification regarding final withdrawal of PF for International Workers (IWs)

April 27, 2022 1137 Views 0 comment Print

An audit observation has been brought to the notice of the Head Office regarding settlement of claims for final withdrawal of PF in respect of IWs who are from countries not having a Social Security Agreement with India (Non-SSA Countries), along with some grievances on the subject.

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