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Extension of Foreign Trade Policy 2015-2020 till 31.03.2021

March 31, 2020 7656 Views 0 comment Print

Government Foreign Trade Policy 2015-2020 till 31.03.2021 vide Notification No. 57/2015-2020-DGFT Dated: 31st March, 2020. The existing Foreign Trade Policy 2015-2020 which is valid upto 31.3.2020 is extended upto 31.03.2021. Various other changes are also made extending the date of exemptions by one year and extending validity of DFIA and EPCG Authorizations for import purposes. […]

Short Term Crop Loans eligible for Interest Subvention Scheme (ISS) and Prompt Repayment Incentive (PRI) through KCC

March 31, 2020 972 Views 0 comment Print

Banks may convert the existing Short Term Crop Loans including agriculture gold loans into KCC loans by June 30, 2020 with commensurate extension of Interest Subvention (IS) and Prompt Repayment Incentive (PRI) benefit against such accounts till June 30, 2020.

Import policy of Iron & Steel relaxed

March 31, 2020 1212 Views 0 comment Print

Notification No. 58/2015-2020- Amendment in import policy of Iron & Steel and incorporation of policy condition in Chapter 72, 73 and 86 of ITC (HS), 2017, Schedule – I (Import Policy)- One-time relaxation is provided through extension of validity to 135 days of the automatic registration number generated under SIMS till 31.03.2020. MINISTRY OF COMMERCE […]

Govt amends IDS 2017 for UT of J&K and Ladakh

March 31, 2020 1146 Views 0 comment Print

Industrial Development Scheme (IDS), 2017 for the Union Territory of Jammu and Kashmir, and the Union Territory of Ladakh- The Scheme will be effective from 15.06.2017 upto 31.03.2021, or upto such date as specified under any order issued in suppression of this order.

PML (Maintenance of Records) Amendment Rules, 2020

March 31, 2020 8367 Views 0 comment Print

Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2020- small account shall remain operational between 1st April, 2020 and 30th June 2020 and such other periods as may be notified by the Central Government. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 31st March, 2020 G.S.R. 228(E).—In exercise of the powers conferred by […]

Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2020

March 31, 2020 3612 Views 0 comment Print

These Regulations may be called the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2020.

No Extension of FY- Notification relates to Indian Stamp Act, 1899

March 30, 2020 41160 Views 6 comments Print

Recently a message is circulating on Social Media which claims that Financial Year 2019-20 ending on 31.03.2020 is been extended to end on 30.06.2020. With this message a Government notification issued by Ministry of Finance is also been circulated. Here we would like to clarify that this notification is not fake but someone either deliberately […]

Exemption from IGST & Compensation Cess upto 31.03.2021 on imported against AA/EPCG

March 30, 2020 7002 Views 0 comment Print

CBIC extends the exemption from Integrated Tax and Compensation Cess upto 31.03.2021 on goods imported against AA/EPCG authorizations vide Notification No. 18/2020-Customs dated 30th March, 2020.

Export of Red Sanders wood by AP Govt & DRI- Extension of time till 31.12.2020

March 30, 2020 588 Views 0 comment Print

Government of Andhra Pradesh (AP) and Directorate of Revenue Intelligence (DRI) have been allowed time upto 31.12.2020 to complete the process of export of respective allocated quantities of Red Sanders wood vide Notification No. 56/2015-2020 dated- 30th March, 2020. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade […]

SEBI relaxes compliance pertaining to AIFs & VCFs

March 30, 2020 525 Views 0 comment Print

SEBI extends the due date for regulatory filings for AIFs and VCFs for the periods ending March 31, 2020 and April 30, 2020 by two months, over and above the timelines prescribed under SEBI (Alternative Investment Funds) Regulations, 2012 and circulars issued thereunder. Securities and Exchange Board of India SEBI/H0/1MD/DF1/CIR/P/2020/58 March 30, 2020 All Alternative […]

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