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Notifications

CBEC increases import tariff rate on specified electronic goods

December 14, 2017 978 Views 0 comment Print

Notification No. 91/2017–Customs Seeks to increase import tariff rate on specified electronic goods under First Schedule to the Customs Tariff Act by invoking section 8A (1) of the Customs Tariff Act

Submission of original cancelled cheque with offline EPF claim forms

December 13, 2017 11634 Views 0 comment Print

It has been decided that irrespective of the amount, the EPF claimant should submit cancelled cheque in original (containing claimant’s name, bank account number & IFS Code of the bank branch printed on it) with all type of claims.

Notification extending Due Date for Linking Aadhaar- PAN with Bank A/cs

December 12, 2017 1767 Views 0 comment Print

In case the client already having an account based relationship with reporting entities prior to the date of publication of this notification in the official Gazette fails to submit the Aadhaar number and Permanent Account Number by such date as may be notified by the Central Government, the said account shall cease to be operational till the time the Aadhaar Number and Permanent Account Number is submitted by the client.”

S. 10(46) Income of Manipur State Rural Road Development Agency exempted

December 12, 2017 678 Views 0 comment Print

Central Government notifies vide Notification No. 97/2017 ‘Manipur State Rural Road Development Agency’, a body established by Government of Manipur, in respect of the specified income arising to the body under Section 10(46) of the Income-tax Act, 1961

Advisory on AIO functioning, connectivity issues for GST

December 11, 2017 6981 Views 0 comment Print

Issues with regard to slowness of AIOs [all-in-ones] have been brought to my notice. Discussions have been held with the representatives of M/S TCS, who are our vendors for the network/ AIOs and Wipro software application team. Accordingly following advisory is issued to the field formation for immediate action.

Companies (Cost Records and Audit) Amendment Rules, 2017

December 7, 2017 2892 Views 0 comment Print

1. These rules may be called the Companies (cost records and audit) Amendment Rules, 2017. 2. In the Companies (cost records and audit) Rules, 2014 (hereinafter referred to as the principal rules), in rule 2, after clause (f), the following clause shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2016, namely:-

Agency banks to settle their funds & commission with Regional RBI Office

December 7, 2017 609 Views 0 comment Print

It has been decided that all agency banks should settle their agency transactions for both funds and agency commission directly with the concerned Regional Office of Reserve Bank instead of routing them through any other agency bank that acts as aggregator in certain cases

IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017

December 6, 2017 13584 Views 0 comment Print

(1) These regulations may be called the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017. (2) These regulations shall come into force on the date of their publication in the Official Gazette.

Govt. Imposes Minimum Import Price of Rs 500 per KG on pepper

December 6, 2017 984 Views 0 comment Print

Import of pepper classified under EXIM Code 090411 and 0904 1200 is subject to Minimum Import Price (MIP) of Rs 500 on CIF basis per kg.

Foreign Trade Policy 2015-20 (w.e.f. 05.12.2017)

December 5, 2017 14748 Views 0 comment Print

Central Government hereby notifies the revised Foreign Trade Policy, 2015-2020. This Foreign Trade Policy shall come into force w.e.f. 05.12.2017.

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