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News 28 July 2021

What's New...

MEIS of 3% Notified for Antimalarial Active Principles with Retrospective Effect for the period 1 Jan 2017 to 31 Dec 2021

Application Form ANF-2O(d) for Revalidation of SCOMET Export Authorisation Notified

Rubber Chemical PX-13 from China, Korea and USA – DGTR Recommends Anti-dumping Duty on NOCIL Complaint of $489.56/MT to $924.47/MT in Final findings

· No Anti-dumping Duty Recommended on USA as in injury Margin is Negative

Insolvency and Bankruptcy Code (Amendment) Act, 2021

Reforms in the Mining Sector – MMDR Act 2021 Amended

· Distinction between captive and merchant mines removed

· All pending cases under section 10A(2) (b) of the Act resolved

· Mineral concession can be transferred without any transfer charge

· Simplification of exploration regime

Gold Reserves in the Country- Auction of Gold Minerals Allowed

WTO Dispute Panel Review Chinese Measures on Imports of Canadian Canola Seeds

Costa Rica Initiates WTO Dispute case against Dominican Republic over Steel Bar Duties

Working Group on Small Business Close to Finalizing Ministerial Declaration

WTO Booklet Highlights Members’ Activities in 2020 on Food Safety, Animal and Plant Health

27.07.2021

Colour Coated Steel from China and EU - Sunset Review Initiated on JSW Steel and ArcelorMittal Nippon Steel Complaint

Kandla becomes First Green SEZ

PLI Scheme for Pharmaceuticals Estimated to Export Generation Potential of Rs 1,96,000 crore Over a period of Six Years

NPPA Capes the Trade Margin for Oxygen Concentrators at 70% on Price to Distributor (PTD) Level

Parliament Passes the National Institutes of Food Technology, Entrepreneurship and Management Bill, 2021

EU Challenges Russian Import Substitution Measures in New WTO Dispute Complaint

26.07.2021

Masur Dal Duty Cut by 10%

· BCD to Nil from 10%

· AIDC to 10% from 20%

Initiatives under “Make in India” and “Startup” Programmes

· Make in India initiative focuses on 27 sectors under Make in India 2.0.

· ‘Startup India’ initiative generates more than 26000 employment in Tamil Nadu in three years

Vegetables including Curry Leaf, Okra, Pear and Bitter Gourd Exported from Haridwar to Dubai

Oil Exploration Projects Speedy Clearance

MSMEs Financial Assistance

Draft Indian Ports Bill, 2021

MRP on Five Medical Devices Revised Downwards

Special Economic Zones Touch New Heights in terms of Performance in Exports, Investment and Employment

Services Trade Slump Persists as Travel Wanes; Other Service Sectors Post Diverse Gains, WTO Reports

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