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Weekly newsletter from Chairman, CBIC dated 01/12/2020

December 1, 2020 1263 Views 0 comment Print

`Constitution Day’, while providing us an opportunity to express our gratitude to the architects of our Constitution, is also a day to seek inspiration from the spirit enshrined therein. The 71St Constitution Day of India was celebrated on 26.11.2020 by the Members of the Board by joining the telecast of the Hon’ble President of India in the reading of the preamble to the Constitution, as did the officers in the field.

MCA notifies Special court in Maharashtra, WB & TN for SEBI Cases under Companies Act, 2013

November 27, 2020 1095 Views 0 comment Print

Central Government hereby designates Special Courts in the States of Maharashtra, West Bengal (WB) and Tamil Nadu (TN) for the purposes of trial of offences under Companies Act, 2013, in respect of cases filed by the Securities and Exchange Board of India. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th November, 2020 S.O. 4283(E).—In […]

Motor Vehicle Aggregators Guidelines-2020

November 27, 2020 2370 Views 0 comment Print

In pursuance of the provision under Section 93 of Motor Vehicles Act,1988, this Ministry has issued the Motor Vehicle Aggregator Guidelines, 2020. A copy of the same is enclosed with this letter for perusal and further appropriate action. These guidelines will provide a guiding framework to the State Governments / UTs to consider for issuance of licenses as well as regulating the business being conducted by such Aggregators.

ADD investigation on imports of New pneumatic radial tyres of rubber for buses & lorries

November 27, 2020 888 Views 0 comment Print

FINAL FINDINGS Case No. OI- 22/2019 Anti-dumping investigation concerning imports of New pneumatic radial tyres of rubber for buses and lorries, with or without tubes and/or flaps originating or exported from Thailand.

Sunset Review of Anti-Dumping duty imposed on imports of ‘Float Glass’

November 26, 2020 531 Views 0 comment Print

FINAL FINDINGS Case No. SSR 02/2020- Sunset Review of Anti-Dumping duty imposed on imports of ‘Float Glass’ originating in or exported from China PR. The Authority notes that the investigation was initiated and notified to all interested parties and adequate opportunity was given to the Domestic Industry and other interested parties to provide information on the aspects of dumping, injury, likelihood of dumping and injury and the causal link.

Definitive Anti-dumping duty imposed on Certain Float Glass-Reg.

November 26, 2020 1842 Views 0 comment Print

MTR Case No. 01/2020 Mid-Term Review to review the product scope of definitive Anti-dumping duty imposed on Certain Float Glass originating in or exported from China PR.

CBIC prescribes BCD rate of 27.5% on Crude Palm Oil

November 26, 2020 687 Views 0 comment Print

Notification No. 43/2020-Customs- Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe BCD rate of 27.5% on Crude Palm Oil. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 43/2020-Customs New Delhi, the 26th November, 2020 Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 […]

CCI (Procedure in regard to transaction of business relating to combinations) Amendment Regulations, 2020

November 26, 2020 1332 Views 0 comment Print

These regulations may be called the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2020.

Existing drug import license to be valid till application for fresh one is pending

November 26, 2020 582 Views 0 comment Print

Notwithstanding anything contained in rule 28 of the Drugs and Cosmetics Rules, 1945, for import of drugs for sale or distribution, if an existing valid import licence holder under the said rules, makes an application for a fresh import licence before the expiry of the existing licence, the existing import licence shall be valid until orders are passed on the application and shall be deemed to be valid for all purposes.

Lakshmi Vilas Bank Limited (Amalgamation with DBS Bank India Limited) Scheme, 2020

November 25, 2020 1263 Views 0 comment Print

MINISTRY OF FINANCE (Department of Financial Services) (BANKING DIVISION) NOTIFICATION New Delhi, the 25th November, 2020 G.S.R. 731(E).— Whereas, the Lakshmi Vilas Bank Limited is a banking company registered under the Companies Act, 1956 (1 of 1956) and carrying on the business of banking in India; And whereas, the rapidly deteriorating financial position of the […]

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