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Import duty exemption on specified goods for use in manufacture of specified goods

September 28, 2018 2460 Views 0 comment Print

Seeks to further amend notification No. 25/2002-Customs, dated the 1st March, 2002  to provide Import duty exemption on specified goods for use in manufacture of specified goods Government of India Ministry of Finance (Department of Revenue) Notification No. 71/2018-Customs New Delhi, the 28th September, 2018 G.S.R.943(E).– In exercise of the powers conferred by sub-section (1) of […]

Voluntary transition of Urban Co-operative Bank into a Small Finance Bank

September 27, 2018 2052 Views 0 comment Print

The UCBs which are eligible as per the Scheme and wishing transition into Small Finance Banks voluntarily may forward their applications to The Chief General Manager, Reserve Bank of India, Department of Co-operative Bank Regulation, C-7 Building, 1st Floor, Bandra Kurla Complex, Bandra East, Mumbai-400051.

Value Limit on Export through Courier Service/ Post

September 27, 2018 4581 Views 0 comment Print

Exports through a registered courier service /Foreign Post Office is permitted as per Notification issued by DoR. However, exportability of such items shall be regulated in accordance with FTP/ Export Policy in ITC (HS), 2018. The value limit for exports through courier service shall be Rs 5,00,000 per consignment. Government of India Ministry of Commerce […]

Notification No. 70/2018–Customs Dated: 26.09.2018

September 26, 2018 1896 Views 0 comment Print

Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 70/2018- Customs Dated: 26th September, 2018 G.S.R. 930(E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, hereby makes the following amendment in the notification of the Government of India in […]

Notification No. 69/2018 – Customs Dated: 26.09.2018

September 26, 2018 4356 Views 0 comment Print

Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 69/2018- Customs Dated: 26th September, 2018 G.S.R. 929(E). – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, […]

CBIC increases Standard Rate of Custom Duty on Diamonds

September 26, 2018 1038 Views 0 comment Print

CBIC increases Standard Rate of Custom Duty on Cut and polished coloured gemstones, Diamonds including lab grown diamonds-semi-processed, half-cut or broken and Non-industrial diamonds including lab-grown diamonds (other than rough diamonds) from 2.50% to 7.50% vide Notification No. 68/2018- Customs, Dated: 26th September, 2018 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification […]

CBIC increases Basic customs duty on 19 items to curb imports

September 26, 2018 2220 Views 0 comment Print

Tariff measures taken to curb the imports of non-essential items 1. The Central Government has taken tariff measures, by way of increase in the basic customs duty, to curb import of certain imported items vide Notification No. 67/2018- Customs Dated: 26th September, 2018. . These changes aim at narrowing the current account deficit (CAD). 2. In all the […]

Exemption from IGST & Compensation Cess upto 31.03.2019 on goods imported against AA/EPCG authorizations

September 26, 2018 3699 Views 1 comment Print

CBIC extends the exemption from Integrated Tax (IGST) and Compensation Cess upto 31.03.2019 on goods imported against AA/EPCG authorizations vide Notification No. 66/2018- Customs, Dated: 26th September, 2018

Indian Medical Council (Amendment) Ordinance, 2018

September 26, 2018 972 Views 0 comment Print

1 (1) This Ordinance may be called the Indian Medical Council (Amendment) Ordinance, 2018. (2) It shall come into force at once.Amendment of section 3A.- 2. In section 3A of the Indian Medical Council Act, 1956 (102 a 1956),-

CBDT Notifies ‘Tamil Nadu Pollution Control board’ for exemption U/s. 10(46)

September 26, 2018 3555 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 58/2018 New Delhi, the 26th September, 2018 S.O. 4985(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, ‘Tamil Nadu […]

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