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News –04 June 2020

 

 

What's New...

 

Anti-dumping Duty of $0.92 per piece Imposed on Electronic Calculators from Malaysia on Complaint of Ajanta LLP

·     China Already in the Net with $0.28 to $1.22 per pc

Stainless Steel Coils and Plates from China, Malaysia and Korea – Anti-dumping Duty Extended by Six months to 4 Dec 2020 – Review Pending

Motor Vehicle Rules Amendments Re-invited on Registration of New Vehicles, Driving Licences, and Recall of Old Vehicles

WTO Report Examines Impact of COVID-19 Pandemic on Small Businesses

India-Australia in Virtual Summits on 4 June

·     CEPA in Trade, RCEP to be discussed

·     Major Topics Health, Education, Defence

·     Many Pacts including Mutual Logistics Support Agreement to be signed

Disruptions in the Commercial Vehicle Market may Drive Truck Sales in the Post-lockdown Period: Survey

 

03.06.2020

Import Duty on Lentils (Mosur) Cut to 10% for Three Months

·    Import from USA too Cut 30%

·   Exemption Valid till 31 August 2020

AEO Certificate Validity Extended to 30 June 2020 (Certificates Expired/Expiring Between 1 Mar 2020 and 31 May 2020)

New Window for FDI Approval under Cab Sec

·    Government approves setting up of an “Empowered Group of Secretaries (EGoS) and Project Development Cells (PDCs)” in Ministries/ Departments for attracting investments in India

·    Proposal for Enhancing Investments in India

·    This will make India a more investor-friendly destination and to handhold and further smoothen investment inflows into the country. It will give a fillip to our domestic industries

·    EGoS and PDC is an important step in realising Prime Minister Narendra Modi’s vision of a $5 trillion economy

·    Will bring about synergies between Ministries/Departments and among the Central and State Governments in investment and related incentive policies

·   To give a boost to the economy and open up immense direct and indirect employment potential in various sectors

Cabinet Approves Two New Ordinances

·    Agri Trade

·   Another Ordinance to Amend Essential Commodities Act also Released

Foreigners Allowed to Enter India on Business Visa Issued by Indian Embassy – Four Categories Listed

DCGI Approves Remdesivir for Restricted Emergency Use for Covid-19 Treatment

Dharmendra Pradhan Holds Meeting with Steel Fabricators

·   Discusses Roadmap for Developing Steel Fabrication Cluster around Bhilai Steel Plant

Piyush Goyal Asks NPC to Leverage its Strengths for Expansion of its Advisory & Capacity Building Services

·   Online Review Meeting of National Productivity Council Held

Kolkata Port Trust Renamed as Syama Prasad Mookerjee Port

 

 

Released on 5 Feb 2020

BIG’s Easy Reference Vol. I
Customs Tariff

With IGST, Import Policy, FTAs

44rd Budget Edition

February 2020

Author: Arun Goyal

ISBN: 978-81-86234-71-6

Rs. 2390  $280

 

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BIG’s Easy Reference Vol. II

Foreign Trade Policy

4th Edition April 2020

Author: Arun Goyal

ISBN: 978-81-86234-73-0

Rs. 1490  $200

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BIG’s Easy Reference Val. III

Customs Manual

February 2020

Author: Arun Goyal

ISBN: 978-81-86234-72-3

Rs. 990  $150

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Last Updated on 04-06-2020