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DGFT amends import policy of Iron & Steel

September 5, 2019 12696 Views 1 comment Print

Amendment in import policy of Iron & Steel and incorporation of policy condition in Chapter 72, 73 and 86of ITC (HS), 2017, Schedule — I (Import Policy). Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No. 17/2015-2020-DGFT New Delhi, Dated: 5 September, 2019 Subject: Amendment in […]

Duty on RBD Palmolein/Palm Oil import from Malaysia increased by 5%

September 4, 2019 1923 Views 0 comment Print

Seeks to further amend notification no. 53/2011 dated 01.07.2011, to increase the rate of duty of customs by 5 percent, for a period of 180 days, on imports of RBD Palmolein/Palm Oil originating in Malaysia and imported under India-Malaysia Comprehensive Economic Cooperation Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under […]

Govt notifies four individuals as terrorists under Unlawful Activities (Prevention) Act, 1967

September 4, 2019 924 Views 0 comment Print

Declaration of certain individuals as terrorists under the Unlawful Activities (Prevention) Act, 1967 Invoking the recent amendments in the Unlawful Activities (Prevention) Act, 1967, the Central Government has decided to declare the following individuals as terrorists and add their names to Schedule 4 of the Act: 1. Maulana Masood Azhar : chief, founder and key […]

Duty on replenishment under Scheme for export of Branded Jewellery’

September 2, 2019 975 Views 0 comment Print

Notification No. 28/2019 – Customs As replenishment under the Scheme for ‘Export through Exhibitions/Export Promotion Tours/Export of Branded Jewellery’ as referred to in Paragraph 4.46 of the Foreign Trade Policy, read with relevant provisions of Chapter 4 of the Handbook of Procedures.

DGFT amends replenishment Policy of gold/silver/platinum jewellery etc

September 2, 2019 1116 Views 0 comment Print

Exporter of gold/silver/platinum jewellery and articles thereof including mountings and findings may obtain gold/silver/platinum as an input for export product from Nominated Agency, in advance or as replenishment after export in accordance with the procedure specified in this behalf.

Indian Insurance Companies (Foreign Investment) Amendment Rules, 2019

September 2, 2019 2421 Views 0 comment Print

(1) These rules may be called Indian Insurance Companies (Foreign Investment) Amendment Rules, 2019. (2) They shall come into force on the date of their publication in the Official Gazette.

Amendment of import policy of Agarbatti & other odoriferous preparations

August 31, 2019 3507 Views 0 comment Print

Import policy of Agarbatti and other odoriferous preparations which operate by burning under Exim code 33074100 and “Others” under Exim Code 33074900 of ITC (HS) 2017 — Schedule — 1 (Import Policy) is revised from ‘Free’ to ‘Restricted’.

CBIC issues Corrigendum to notify DRC-03 for payment of tax

August 30, 2019 12513 Views 0 comment Print

Where, Tx is positive, i.e. Te<T, the registered person shall pay, by debit in the electronic credit ledger or electronic cash ledger, an amount equal to the difference between T and Te. Such amount shall form part of the output tax liability of the registered person and the amount shall be furnished in FORM GST […]

Interchangeability of PAN with Aadhaar – CBDT amends Rules 114

August 30, 2019 2433 Views 0 comment Print

Any person, who has not been allotted a permanent account number but possesses the Aadhaar number and has furnished or intimated or quoted his Aadhaar number in lieu of the permanent account number in accordance with sub-section (5E) of section 139A, shall be deemed to have applied for allotment of permanent account number and he shall not be required to apply or submit any documents under this rule.

Govt notifies few sections of Arbitration and Conciliation (Amendment) Act, 2019 wef 30.08.2019

August 30, 2019 2043 Views 0 comment Print

Central Government hereby appoints the 30th August, 2019 as the date on which the provisions of the  section 1, section 4 to section 9 [both inclusive], section 11 to section 13 [both inclusive] and section 15 of Arbitration and Conciliation (Amendment) Act, 2019. MINISTRY OF LAW AND JUSTICE (Department of Legal Affairs) NOTIFICATION New Delhi, […]

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