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Govt notifies fee payable for Registration of Assignment of Receivables

May 21, 2018 1320 Views 0 comment Print

Central Government amends Amount of fee payable for transaction to be registered under Registration of Assignment of Receivables Rules, 2012.

Intra-state E-way Bill Applicability in Goa from June 1, 2018

May 18, 2018 11280 Views 0 comment Print

Council has decided to enforce e-way bill for intra-State movement of goods from 1st June, 2018 in Goa. No E-Way Bill is required to be generated for intra-State movement of all goods within Goa, except for intra-State movement of following 22 goods of consignment value exceeding fifty thousand rupees.

Amended minimum capital requirement for Setting up of IFSC Banking Units

May 17, 2018 873 Views 0 comment Print

In terms of para 2.3 of the circular, the parent bank will be required to provide a minimum capital of USD 20 million or equivalent in any foreign currency to start their IBU operations and the IBU should maintain the minimum prescribed regulatory capital on an on-going basis as per regulations amended from time to time.

Basel III Framework on Liquidity Standards – NSFR – Final Guidelines

May 17, 2018 2436 Views 0 comment Print

The Net Stable Funding Ratio (NSFR) and Liquidity Coverage Ratio (LCR) are significant components of the Basel III reforms. The LCR guidelines which promote short term resilience of a bank’s liquidity profile have been issued vide circular DBOD.BP.BC.No.120/21.04.098/2013-14 dated June 9, 2014.

PML (Maintenance of Records) Amendment Rules, 2018

May 16, 2018 2847 Views 0 comment Print

1. (1) These rules may be called the Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette.

Reg. Anti-dumping duty on New/unused Pneumatic Radial Tyres import from China

May 16, 2018 738 Views 0 comment Print

Initiation of New Shipper Review under Rule 22 of the Anti-Dumping Rules for determination of individual dumping margin for M/s. Shandong Haohua Tire Co., Ltd. (Haohua) (Producer) with Guangzhou Exceed Industrial Technology Co. Ltd., (exporter) and H K Trade Wing Trading Limited (exporter) in the case of anti-dumping duty imposed on New/unused Pneumatic Radial Tyres originating in or exported from China PR

Anti-Dumping investigation on imports of MPDSA originating in or exported from China

May 16, 2018 912 Views 0 comment Print

No. 6/35/2017-DGAD.—Having regard to the Customs Tariff Act 1975 as amended from time to time (hereinafter also referred to as the Act) and the Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, as amended from time to time (hereinafter also referred to as the Rules) thereof

Notification for Intrastate E-way Bill Applicability in Rajasthan

May 16, 2018 12102 Views 0 comment Print

The notification to waive the requirement of e-way bill for intra-state movement of goods has been rescinded with effect from 20th May.

Late fees waiver for those who were unable to file GSTR-3B due to technical issues of TRAN-1 filing

May 14, 2018 15765 Views 7 comments Print

Council, hereby waives the late fee payable under section 47 of the said Act for failure to furnish the return in FORM GSTR-3B by the due date for each of the months from October, 2017 to April, 2018, for the class of registered persons whose declaration in FORM GST TRAN-1 was submitted but not filed on the common portal on or before the 27th day of December, 2017:

Conditional exemption from E-Way Bill in Kerala for Intra-State Goods Movement

May 14, 2018 7977 Views 1 comment Print

Kerala Government exempts movement of All goods within the state Irrespective of value from E-Way Bill requirement if i. supply of such goods should be by a registered person using a sales van. ii. the documents prescribed under Rule 56(18) should be carried in the sales van.

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