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Govt amends Para 2.05 of HBPs related to Importer-Exporter Code

August 8, 2018 8004 Views 0 comment Print

Central Government hereby amends and revises the provision in Para 2.05 of the Foreign Trade policy (2015-20) on Importer-Exporter Code (IEC) and procedure is shifted to para 2.08 of Handbook of Procedures vide Notification No. 24/2015-2020 dated: 08 August, 2018.

Ad-valorem BCD increase on 328 tariff lines of carpets, apparels & textile products

August 7, 2018 1122 Views 0 comment Print

CBIC further amends notification No. 82/2017-customs dated 27th October 2017, to increase Ad-valorem component of BCD from 10% to 20% on 328 tariff lines of carpets, apparels and other textile products vide Notification No. 58/2018-Customs Dated: 7th August, 2018

15% customs duty on Screw or SIM socket for cellular mobile phone

August 7, 2018 1083 Views 0 comment Print

CBIC Seeks to prescribe effective rate of customs duty on Screw or SIM socket / other mechanical items (metal) for cellular mobile phone vide Notification No.57/2018-Customs Dated: 7th August, 2018

MCA notifies new provisions for Issue of shares on private placement basis

August 7, 2018 14841 Views 0 comment Print

MCA has notified revised Section 42 of Companies Act, 2013 related to Issue of shares on private placement basis by with effect from 7th August 2018 by notifying section 10 of Companies (Amendment) Act, 2017 vide Notification Dated 7th August, 2018. Government of India Ministry of Corporate Affairs Notification New Delhi , the 7th August, […]

Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018

August 7, 2018 28458 Views 0 comment Print

MCA notifies Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 and substituted existing rule 14 related to private placement of Companies (Prospectus and Allotment of Securities) Rules, 2014 vide Notification dated 7th August, 2018

Exemption from e-way bill for job work in Rajasthan

August 6, 2018 15435 Views 1 comment Print

In exercise of the powers conferred by clause (d) of sub-rule (14) of rule 138 of the Rajasthan Goods and Services Tax Rules, 2017, hereinafter referred to as the said Rules, I, Alok Gupta, Commissioner of State Tax, Rajasthan, after consultation with the Chief Commissioner of Central Tax, Jaipur Zone

Securities Contracts (Regulation) (Second Amendment) Rules, 2018

August 3, 2018 8370 Views 0 comment Print

Every listed public sector company which has public shareholding below twenty five per cent on the commencement of the Securities Contracts (Regulation)(Second Amendment) Rules, 2018, shall increase its public shareholding to at least twenty five-per cent, within a period of two years from the date of such commencement, in the manner specified by the Securities and Exchange Board of India

Implementation of retaliatory duties against US delayed till 18th September, 2018.

August 3, 2018 708 Views 2 comments Print

Seeks to further amend notification No. 50/2017-customs dated 30th June 2017, to give effect to serial number 14A and the second proviso to the notification from the 18th day of September, 2018 to delay the implementation of retaliatory duties against US till 18th September, 2018. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification […]

Negotiable Instruments (Amendment) Act, 2018

August 2, 2018 24699 Views 7 comments Print

This Act may be called the Negotiable Instruments (Amendment) Act, 2018. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

The Fugitive Economic Offenders Act, 2018

August 1, 2018 5148 Views 0 comment Print

Govt notifies Fugitive Economic Offenders Act, 2018. It shall be deemed to have come into force on the 21st day of April, 2018. The provisions of this Act shall apply to any individual who is, or becomes, a fugitive economic offender on or after the date of coming into force of this Act.

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