CBDT notifies Income Tax Cost Inflation Index for Financial Year 2020-21 or Assessment Year 2021-22 vide Notification No. 32/2020-Income Tax dated 12th June 2020 at 301. Cost Inflation Index helps taxpayer calculation his Long Term Capital Gain on sale of Long Term Capital Assets. Also Read-Cost Inflation Index – Meaning & Index from 1981-82 to […]
Import policy of New pneumatic tyres covered under ITC HS codes 40111010, 40111090. 40112010, 40112090, 40114010, 40114020, 40114090, 40115010 and 40115090 is amended from ‘Free’ to ‘Restricted’.
Human Embryos / Gametes/ Gonad tissues are Free for export subject to ‘No Objection Certificate’ from Indian Council of Medical Research (ICMR).
Anti-dumping duty investigation concerning imports of Polystyrene from Iran, Malaysia, Singapore, Chinese Taipei, UAE and USA MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) NOTIFICATION New Delhi, the 12th June 2020 CASE No. (OI) 08/2019 FINAL FINDINGS Subject: Anti-dumping duty investigation concerning imports of Polystyrene from Iran, Malaysia, Singapore, Chinese […]
The product under consideration for the purpose of present investigation is “Aniline” which is also known as “Aniline Oil”. Aniline is a transparent, oily liquid and is a primary amine compound. Its colour transforms to light pale-yellow liquid when freshly distilled. Its colour darkens when exposed to light or air. Aniline is a basic organic chemical, essential for vital industries such as drugs, pharmaceuticals, dyes and dye intermediates.
Annual SCOMET Updates – 2020 has been notified to amend Appendix 3 (SCOMET Items) to Schedule – 2 of ITC (HS) Classification of Export and Import Items, 2018.
The Notification No. 59 dated 04.04.2020 is amended to the extent that only diagnostic kits/reagents as described in para 1(A) and all diagnostic instruments/apparatus/reagents as described in para 1(B) falling under any HS code, including HS codes specified above, are ‘restricted’ for exports whether as an individual item or as a part of any diagnostic […]
CBIC further amens notification No. 50/2017-Cus dated 30.06.2017 so as to withdraw the concessional rate of 10% available to the import of Bamboo for the manufacture of Agarbattis, and to levy a uniform rate of 25% on import of Bamboos [HS 1401 10 00] vide Notification No. 27/2020-Customs dated- 9th June, 2020. GOVERNMENT OF INDIA […]
Criteria for selection of the cases for assessment under Maharashtra Criteria for Selection (on the basis of probable revenue earnings) of the cases for Assessment (Amendment) Scheme, 2020. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Raiguru Chowk, Mantralaya, Mumbai 400032, dated the 9th June, 2020. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT. 1520/C.R. 45/Taxation-1.—I […]
Draft Employees’ State Insurance (Central) Amendment Rules, 2020 MINISTRY OF LABOUR OF EMPLOYMENT NOTIFICATION New Delhi, the 9th June, 2020 G.S.R. 359(E).— The following draft of certain rules further to amend the Employees’ State Insurance (Central) Rules, 1950 which the Central Government, after consultation with the Employees’ State Insurance Corporation, proposes to make, in exercise […]
