Daily Index of Changes

Year 2017

DINDEX Code

Topics

Notification No./Date/Source

7465

Its Official Now, SBNs (Old 1000 and 500 Notes) are Banned from 1 Jan 2017

·     Ordinance Withdraws Government Guarantee on SBN from 1 Jan 2017

·     RBI Denied Legal Tender Status from 8 Nov 2016

·     SBN Holders Liable to Fine (of Higher) of 5 times the Value or Rs. 10K

ABS News Service/05.01.2017

7466

Three Month Grace Period for Surrendering SBNs for RIs who were Out of India

·     NRIs 6 Months

ABS News Service/05.01.2017

7467

One Time Facility of RI and NRI Travellers to Exchange SBNs Allowed

ABS News Service/05.01.2017

7469

Old Notes (Rs. 5000 per Week) Exchange Facility for Foreign Passport Holders Extended Till 31 Jan 2017

24-RBI/03.01.2017

7470

Furskins of Reptiles, Mink, Fox Shifted to Prohibited

·     Fur of Chinchilla also Prohibited

33-Ntfn/03.01.2017

7477

Online Clearance of Wild Life and CITES Items from 5 Jan 2017

01-CBEC/04.01.2017

7478

6% CVD on Articles of Jewellery Withdrawn

01-CE/05.01.2017

7479

Anti-dumping Duty on Jute Products from Bangladesh Notified

01-ADD/05.01.2017

7480

Phosphoric Acid Anti-Dumping Duty on Taiwan and Israel Dropped on Application of Gujarat Alkali

·     Domestic Industry Prospering with No Sign of Injury

DGAD Office Memorandum dated 2nd January 2017

7481

Adjudication by Investigation Agencies Restored Following Supreme Court Stay

CBEC Instruction dated 3rd January 2017

7482

Rupee Falls 15 Paise against Dollar to Rs. 68.80 w.e.f. 6 Jan 2017

01-Cus(NT)/05.01.2017

7483

Loksan Land Customs Station, Rangapani LCS

02-Cus(NT)/06.01.2017

7484

Export Credit of US$4.22mn to Burundi for Farm Mechanization Finance

25-RBI/05.01.2017

7485

Crude and Gas, Metals, Edible Oil, Cotton and Rubber Rise in December

·     Coal, Cocoa, Coffee, Tea, Fertilizers, Precious Metals, World Sugar, Timber Down

·     Woodpulp, Sorghum, Shrimp, Groundnuts Steady

World Bank Pink Sheet

7486

Corrections in SION Engineering Products

53-PN/09.01.2017

7487

Provisional Anti-dumping Duty of $849/MTs Imposed on Colour Coated Steel from China and EU

02-ADD/11.01.2017

7488

New Entry in Passenger Transport Vehicles in 8702 under HS 2017 Excise Duty

02-CE/11.01.2017

7489

Regularisation of Excise Duty not Paid on Tamarind Kernel Powder

01-CE(NT)/11.01.2017

7490

Procedure for Change in IEC Address – Jurisdiction of RA at New Address

54-PN/11.01.2017

7491

Dec Exports Up 5.72%

·     Gold Imports Crash by 55% over Nov, Smuggling Continues

·     Iron Ore, Engg Goods Export Rise as Steel Price Lookup

ABS News Service/16.01.2017

7492

Animal By-Products Exports, Govt Body Health Certificate Required in Addition to CAPEXIL for EU Exports

34-Ntfn/13.01.2017

7493

Cash Withdrawal Limit Enhanced

·     Rs. 1 Lakh per Week from Current Account

·     Rs. 10,000 per Day from ATM

RBI/2016-17/213 – DCM(Plg) No. 2559/10.27.00/2016-17 dated 16th January 2017

7494

CBEC Clarifications on All Industry Drawback Rate

02-CBEC/13.01.2017

7495

HS2017 Changes Incorporated in Duty Drawback Schedule

03-Cus(NT)/12.01.2017

7496

Export Credit of $0.17mn to Burundi for Integrated Food Processing Complex

26-RBI/12.01.2017

7497

Submission of Bill of Entry as Hardcopy of Evidence of Import Discontinued from 1 Dec 2016 Due to EDI IDPMS in Operation

27-RBI/12.01.2017

7498

DGFT Notifies ITC (HS) 2017

36-Ntfn/17.01.2017

7499

MEP on Areca Nuts Enhanced to Rs. 251/kg from Rs. 162/kg

35-Ntfn/17.01.2017

7500

Diamond Market Reels under Demonetisation Shock

·     De Beers Allows Buyers to Cherry Pick from Sights

ABS News Service/19.01.2017

7501

GST Reaches Agreement on Dual Control and Territorial Jurisdiction

ABS News Service/19.01.2017

7502

Communist China’s Xi Roots for Free Trade, Berates Trump for Protectionism

ABS News Service/19.01.2017

7503

Board Relaxes Labelling and Quality Standards for PoS Import to Promote Cashless Transactions

03-CBEC/16.01.2017

7504

Saccharin from China – Dumping Duty Extended Till 12 Jan 2018 in Review

03-ADD/19.01.2017

7505

Anti-dumping Duty on Nylon Filament Yarn from China, Taiwan and Others Extended Till 12 Jan 2018 – Pending Review

04-ADD/19.01.2017

7506

Rupee Falls 30 Paise against Dollar to Rs. 69.10 w.e.f. 20 Jan 2017; Euro Falls 95 Paise to Rs. 73.75

05-Cus(NT)/19.01.2017

7507

Telecomm Equipment Procedures for Software Export under EHTP/STP by Service Provider Streamlined

·     Sale to DTA at Depreciated Value Allowed

Ntfn 01/20.01.2017

7508

Safeguard Duty Rules Curtailed

·     Duty Concessions under Indo-Japan FTA Notified

·     Increase in Imports Injurious to Domestic Industry Condition to Trigger Measures

·     Progressive Reduction in Duty if Duration >1 year

07-Cus(NT)/24.01.2017

7509

DGAD Initiates Sunset Review Investigation on Building Material Textile (Geogrid) from China after Delhi High Court Intervention

·     Petition Filed by Techfab India Industries and Strata Geoststems India

Initiation Notification (Sunset Review)- F.No. 15/14/2016 -DGAD (Case No.SSR6/2017) dated 23 Jan 2017

7510

Insurance Services in Rural Areas now in Service Tax Net

01-ST/12.01.2017

7511

Aggregator not Liable to Pay Service Tax

02-ST/12.01.2017

7512

No Service Tax in Non Taxable Territory on High Seas upto Customs Station

03-ST/12.01.2017

7513

Service Tax Abatement for Tour Operator Services Rationalised

04-ST/12.01.2017

7514

Trump Withdraws from TPP, Bilateralism Back with a Vengeance

ABS News Service/27.01.2017

7515

New Leadership in US Trade in Trump Era

ABS News Service/27.01.2017

7516

Freight Moves in China-to-London Train in 15 Days

·     Sea Shipping Time Cut by 50%

·     Air Costs Halved

·     China is on Track to overcome the Freight Disadvantage

·     OBOR Planned 2013 comes True

ABS News Service/27.01.2017

7517

Bangladesh Workers Protest Over Low Wages

ABS News Service/27.01.2017

7518

TRIPS IP Rules Amended to Implement Doha Ministerial 2001 Decision

·     Generics at Reasonable Prices Export to Developing Countries Possible under Compulsory Licensing

ABS News Service/27.01.2017

7519

Disputes at WTO

·     Non Market Economies Status of China in WTO DSB

·     New Aluminium Case

·     Agri Subsidies

·     Indonesian Import Licensing Regimes Violating Trade Rules

·     Indonesia-EU Panel Report on Palm Oil Alcohol

·     Non Market Economies Status of China in WTO DSB

ABS News Service/27.01.2017

7520

60% Duty on Areca Nuts which Includes Betel Nuts Import from LDC Countries

·     Confusion on Classification of Betel Nuts under 0802 90 Removed

Ntfn 02/27.01.2017

7521

Sandalwood Handicraft Export Policy Liberalised

·     CITIES Condition Removed

37-Ntfn/27.01.2017

 

Budget 2017-2018

 

7522

Budget 2017-2018 Circular from TRU, Department of Revenue

TRU Letter/01.02.2017

7523

Finance Bill 2017-2018

Finance Bill 2017

7524

Seeks to further amend Notification No. 12/2012-Customs, dated the 17.3.2012 so as to carry out Budgetary changes. Details are contained in Joint Secretary (TRU – I) DO letter dated 31.1.2017.

06/2017-Cus, dt. 02-02-2017

7525

Seeks to reduce Basic Customs Duty from 10/7.5 % to 5% on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen.

05/2017-Cus, dt. 02-02-2017

7526

Seeks to further amend Notification No. 21/2012-Customs, dated the 17.03.2012 so as to specify the rate of additional duty of customs leviable under sub-section 3(5) of Customs Tariff Act, 1975 for items specified therein.

04/2017-Cus, dt. 02-02-2017

7527

Seeks to further amend Notification No. 27/2011-Customs dated 1.3.2011.

03/2017-Cus, dt. 02-02-2017

7528

Seeks to amend Notification No. 16/2010-Central Excise dated 27.2.2010 so as to carry out Budgetary changes.

07/2017-CE, dt. 02-02-2017

7529

Seeks to amend Notification No. 12/2012-Central Excise dated 17.03.2012 so as to carry out Budgetary changes.

06/2017-CE, dt. 02-02-2017

7530

Seeks to prescribe 6% concessional excise/CV duty on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen.

05/2017-CE, dt. 02-02-2017

7531

Seeks to further amend Notification No. 42/2008-Central Excise dated 1.7.2008 so as to carry out Budgetary changes.

04/2017-CE, dt. 02-02-2017

7532

Seeks to further amend Notification No. 6/2005-Central Excise dated 1.3.2005 so as to carry out Budgetary changes.

03/2017-CE, dt. 02-02-2017

7533

Seeks to further amend Central Excise Rules, 2002

05/2017-CE(NT) dt. 02-02-2017

7534

Seeks to further amend CENVAT Credit Rules, 2004

04/2017-CE(NT) dt. 02-02-2017

7535

Seeks to amend Notification No. 11/2010-Central Excise (N.T) dated 27.2.2010.

03/2017-CE(NT) dt. 02-02-2017

7536

Seeks to amend Notification No. 30/2008-Central Excise dated 1.7.2008.

02/2017-CE(NT) dt. 02-02-2017

7537

Seeks to amend notification No. 25/2012-Service Tax, dated 20th June 2012, so as to amend certain existing entries granting exemption on specified services and inserting new entries for granting exemption from service tax on specified services.

07/2017-ST dt. 02-02-2017

7538

Polyester Staple Fibre from China, Indonesia, Malaysia and Thai in Dumping Investigation Net on Complaint of Indo Rama, Bombay Dyeing and Alok Industry

Anti-dumping Initiation Notification F.No.14/49/2016-DGAD dated 2nd February 2017

7539

Rupee Gains 70 Paise against Dollar to Rs. 68.40 w.e.f. 3 Feb 2017; Euro Falls 45 Paise to Rs. 74.20

09-Cus(NT)/02.02.2017

7540

Trade Protests – Choice of When to File Bill of Entry should be Left to Importer

ABS News Service/09.02.2017

7541

Bill of Entry Must be Filed within a Day of Inward Entry of Vessel or Cargo Arrival Report of Container in ICD

·     Duty to be Paid on Assessment Day

·     No Undue Enrichment for Excess Customs Duty Paid

D.O.F. No. 450/10/2017-CusIV dated 3rd Feb 2017

7542

Provisional Anti-dumping Duty on HR Flat Coils and Sheets Extended by Another Two Months, that is, till 8 April 2017

05-ADD/07.02.2017

7543

Anti-dumping Duty on CR Flat Products from China, Japan Plus Two Extended for Another Two Months, that is, till 16 April 2017

06-ADD/07.02.2017

7544

Amendments to Shopping List for Advance Authorisation Allowed thru “Nexus Certificate” of Chartered Engineer

·     Addition of Fresh Export Products in EPCG License also Allowed thru “Nexus Certificate” of Chartered Engineer

56-PN/06.02.2017

7545

RBI Prohibits Indian from Direct Investment in Non Cooperative Countries Identified by FATF

·     Investors must be Allowed to take their Non Risks in Third World Countries

28-RBI/25.01.2017

7546

NRIs can Access the Exchange Traded Currency Derivatives (ETCD) Market to Currency Hedge under FEMA

30-RBI/02.02.2017

7547

RBI Regional Officers to Compound FEMA Offences Delay in Filing Returns Cases

29-RBI/02.02.2017

7548

Methyl Ethyl Ketone from China, Japan, South Africa and Taiwan under Dumping Investigation on Complaint of Sole Producer Cetex Petrochem

·     Normal Value Constructed in the Absence of “Reliable” Information

Anti-dumping Initiation Notification F.No. 14/26/2016-DGAD dated 9th February 2017

7549

Order Must for Seizure of Improper Importation under Sec 110 of CA, 1962

·     SCN to be Issued even in Provisional Release under Sec 110A

CBEC Instruction No. 01 dated 8th February 2017

7550

Format of List Refund Payments

Service Tax Circular No. 203 dated 2nd February 2017

7551

Choice of HO/BO for Reward Scheme to be made once a Year

58-PN/10.02.2017

7552

Excise, Service Tax Collections Jump, Customs Muted

ABS News Service/15.02.2017

7553

India Bullish on TF in Services for Buenos Aires WTO Meet

·     WTO DG Azevedo on Visit to India to Lobby for Another Terms!

ABS News Service/15.02.2017

7554

SBN to be Treated as “Soiled Currency” in RBI Calculations

RBI/2016-17/226 – DCM(Plg) No. 3217/10.27.00/2016-17 dated 13th February 2017

7555

The Aggressor and Injured are the Same Persons in the PSF Anti-dumping Case

ABS News Service/17.02.2017

7556

Jan Export Growth to 4.3% again, Textiles, Engineering Hold Out

·     Imports Rise 10.7%, Demand Picks Up with Crude Leading

·     Japan Market Picks Up

ABS News Service/17.02.2017

7557

Four New Pre-shipment Agencies Notified – CWM, Global Multitrade, SMV International and Nectar Recognized

57-PN/10.02.2017

7558

Crude and Precious Metals, Urea, Edible Oil, Cotton and Rubber Rise in Jan

·     Coal, Natural Gas, Cocoa, Shrimp, Sawnwood Down

·     Woodpulp, Iron Ore, Potassium Chloride, Bananas Steady

World Bank Pink Sheet

7559

Rupee Gains 55 Paise against Dollar to Rs. 67.85 w.e.f. 17 Feb; Euro by Rs. 1.75 to Rs. 72.45

12-Cus(NT)/16.02.2017

7560

Tariff Value Up on Gold $12; Silver $27; Brass Scrap $92; Poppy Seeds $46

·     Down: Crude Palm Oil $8; RBD Palm Oil $32; Palmolein $39; Crude Soyabean Oil $32; Areca Nuts $19

11-Cus(NT)/15.02.2017

7561

Empowering the Principal Commissioner with the Powers of Chief Commissioner

10-Cus(NT)/08.02.2017

7562

All Imports and Exports at 19 Sea Ports and 17 Air Cargo Complexes to be Cleared 24x7

·     No MOT Charges at CFSs Attached Exclusively to 24x7 Seaports and Airport

04-CBEC/16.02.2017

7563

CR and HR Seamless Steel Tubes from China – Final Findings

·     Duty Confirms Provisional Duty Ranging from $961 to $1610 per MT Depending upon Specs

07-ADD/17.02.2017

7564

NOC Not Required from Defence Production for “Soft Skinned Vehicles” Exports

38-Ntfn/17.02.2017

7565

No Service Tax on Inward Transport of Transshipment of Goods

204-ST/16.02.2017

7566

Veneered Wooden Flooring from China, EU, Indonesia and Malaysia under Dumping Investigation on Complaint of Greenlam Inds

Anti-dumping Initiation Notification F.No.14134/2016-DGAD (Case No. — 01/08/2017) dated 17th February 2017

7567

DGAD Initiates Investigation on Monoisopropylamine from China on Complaint of Alkyl Amines

Anti-dumping Initiation Notification F.NO 14/46/2016-DGAD dated 15th February 2017

7568

Guangxi Qinzhou Capital China Filed for New Shipper Review on Phosphoric Acid Anti-dumping

Anti-dumping Initiation Notification No. 15/5/2016-DGAD(NSR 1/2017) dated 9th February 2017

7569

Procedure for Change in IEC Address – Jurisdiction of RA at New Address

59-PN/21.02.2017

7570

No Service Tax to be Paid for Services by Operators of Common Effluent Treatment Plant for the Period 1 July 2012 to 31 March 2015 under Sec 66B of FA, 1994

08-ST/20.02.2017

7571

Assessees Must Request for CAS-4 Certificate

·     Financial Year Ending on 31 March shall be Issued by 31 Dec

CBEC Instruction dated 16th February 2017

7572

Anti-dumping Duty on Indolinone for Circumventing DFS Anti-dumping Duty Recommended by DGAD with 2014 Retrospective Effect

DGAD Final Findings F.No. 14/22/2014-DGAD dated 15th February 2017

7573

Six Months Extension to CR Sheets Circumvention Case on Account of Court Stay

DGAD Notification F.No. 14/1/2014-DGAD dated 17th February 2017

7574

Authorised Labs Allowed to Export Diamonds for Testing

39-Ntfn/22.02.2017

7575

Actual User Condition Imposed on Duty Free Import of Gold where CENVAT in Availed

40-Ntfn/23.02.2017

7576

Exporters with AEO Certificate (Tier II and III) Exempted from Drawl of Samples for Grant of Drawback

05-CBEC/28.02.2017

7577

Classification of Articles of Paper and Printing

·     Railway, Bus Tickets, OMR Sheets, Application Forms, Paper Outer Strip Seals are Classified in 4911

·     Mark Sheets, Certificates and Railway Receipts are in 4907

·     Answer Books w/wt OMR, Passbooks Classified in HS 4820

1052-CBEC/23.02.2017

7578

Format for Declaration of e-BRC by Exporter

06-CBEC/28.02.2017

7579

No Service Tax to be Paid for Services by way of Admission to Museum for the Period 1 July 2012 to 31 March 2015 under Sec 66B of FA, 1994

09-ST/28.02.2017

7580

DGAD Notifies Corrigendum to Final Findings on Jute Products Anti-dumping Duty

Corrigendum Notification No. 14/19/2015-DGAD dated 9th February 2017

7581

Guidelines for Money Transfer Services Scheme (MTSS)

RBI/FED/2016-17/52 – FED Master Direction No. 01/2016-17 dated 22nd February 2017

7582

Regional Financial Institutions can Invest in Rupee Denominated Bonds as Investors

RBI Circular No. 31 dated 16th February 2017

7583

Mobile App for GST

CBEC Press Note dated 23rd February 2017

7584

Rupee Gains 20 Paise against Dollar to Rs. 67.65 w.e.f. 3 March; Euro by 90 Paise to Rs. 71.55

14-Cus(NT)/02.03.2017

7585

Authorised Labs Allowed to Export Diamonds for Testing – Customs Notification Amended

Ntfn 07/01.03.2017

7586

Zhejing Sanmei and Jiangsu Chemicals File for New Shipper Review on Tetrafluoroethane (R-134a) Anti-dumping

Anti-dumping Initiation Notification No.15/22/2O16-DGAD dated 27th February 2017

7587

Corrigendum to Notification No. 40/2015-2020 dated 23.02.2017

DGFT Corrigendum dated 2nd March 2016

7588

Infrastructure Lending Definition

RBI/2016-17/242 – DNBR.PD.CC.No.085/ 03.10.001/2016-17 dated 02.03.2017

7589

Export Credit of $29.95mn to Kenya for Financing Upgradation of Rift Valley Textiles Factory

RBI Circular No. 32 dated 2nd March 2017

7590

Export Credit of $15mn to Kenya for Development of SMEs

RBI Circular No. 33 dated 2nd March 2017

7591

$23.50mn Export Credit to Malawi for Construction of Water Supply System from Likhubula River to Blantyre

RBI Circular No. 34 dated 2nd March 2017

7592

$26mn to Senegal for Acquisition of Buses

RBI Circular No. 35 dated 2nd March 2017

7593

Export Credit of $78mn to Sierra Leone for Transmission Line and Substation Project

RBI Circular No. 36 dated 2nd March 2017

7594

Dept of Revenue Launches Public Consultation on Proposal to Amend Customs Valuation Rules, 2007

Draft Circular from CBEC

7595

Selfie Sticks with or without Bluetooth Classified in 96200000

CBEC Instruction No. 02 dated 6th March 2017

7596

DGAD Recommends Anti-dumping Duty of $23.78/MT to $300/MT on Linear Alkyl Benzene (LAB) from Iran, Qatar and China

DGAD Final Findings F.No. 14/20/2015-DGAD dated 6th March 2017

7597

Guidelines for Launching Prosecution to Punishable Offences under CA, 1962

·     Format for Investigation Report for Launching Prosecution (Annex I)

CBEC Circular No. 07 dated 6th March 2017

7598

Board Invites Suggestions on Duty Drawback under GST from Trade

CBEC Circular dated 23rd February 2017

7599

Customs Allows Export Goods Value upto Rs. 25k and Transactions in Forex thru Courier should be made Form Courier Shipping Bill CSB-V

Customs Notification No. 16 (Non Tariff) dated 3rd March 2017

7600

Gold Monetisation Scheme Transactions

RBI/2016-17/243 dated 6th March 2017

7601

New Trade Mark Rules 2017 Notified

ABS News Service/16.03.2017

7602

DGFT Notifies 357 Pages Consolidated MEIS Schedule Aligned with ITC(HS) 2017

61-PN/07.03.2017

7603

No MEIS Benefit to Flour, Meal and Power of Guar Seeds

60-PN/07.03.2017

7604

No Service Tax on Renting of Immovable Property to an Educational Institution

10-ST/08.03.2017

7605

Crude, Precious Metals, Ferrous and Non Ferrous Metals, Urea, Cotton and Rubber Rise in Feb

·     Coal, Natural Gas, Cocoa, Edible Oil; Rice Down

·     World Sugar, Woodpulp, Groundnuts, Shrimp Steady

World Bank Pink Sheet

7606

Trump Clamps Down on Migrant Movement, ‘Security Concerns’ Cited in Support

ABS News Service/16.03.2017

7607

Container Arrival Message with ICEGATE Compulsory

ABS News Service/16.03.2017

7608

India Loses GSP Benefits in Four Groups, Steel Included

ABS News Service/16.03.2017

7609

Indians Invest Dh20 bn in Dubai Property

ABS News Service/16.03.2017

7610

USFDA to Lift Import Ban on Sun-Ranbaxy Mohali Plant

ABS News Service/16.03.2017

7611

Saree Classified under Chapter 50, 52 and 54 of the CETA, 1985 Depending upon the Material of the Fabrics and not as Made-ups

1054-CBEC/15.03.2017

7612

Guangxi Quinzhou Capital Lose in New Shipper Review in Phosphoric Acid Case – Duty in 2013 Notification to Apply with Retrospective Effect

08-ADD/15.03.2017

7613

Tariff Value Falls on Gold $17; Silver $44; Brass Scrap $48; Crude Palm Oil $31; RBD Palm Oil $38; Palmolein $44

21-Cus(NT)/15.03.2017

7614

Rupee Gains Rs. 1.45 against Dollar to Rs. 66.20 w.e.f. 17 March

22-Cus(NT)/16.03.2017

7615

Exports Jump 17% to $24.5bn in Feb

·     Imports Rise 21.76%

PIB (MoC&I) Press Release dated 15th March 2017

7616

Master Circular on Show Cause Notice, Adjudication and Recovery

1053-CBEC/10.03.2017

7617

$92.18mn Export Credit to Tanzania for Rehabilitation and Improvement of Water Supply System

38-RBI/09.03.2017

7618

Export Credit of $750mn to Nepal for Financing Post-earthquake Reconstruction Project

37-RBI/09.03.2017

7619

Container Handling Crippled in Chennai Port as DRI, Customs Raid Imported Cargos for Fake Currencies

·     Kolkata, Delhi, Mumbai also Affected

·     Nothing Found but Movement Disrupted Affecting “Ease of Doing Business” even as the Instructions and Intelligence is said to Emanate from PMO

ABS News Service/ 23.03.2017

7620

Frozen Beef Stranded at China Sea After China Shuts Out Brazil

ABS News Service/ 23.03.2017

7621

July 1 Rollout Looks Real as Cabinet Clears GST Bills

ABS News Service/ 23.03.2017

7622

The ABC of the GST Registration Process

ABS News Service/ 23.03.2017

7623

Japan Drags India to WTO on Steel Safeguard Duties, India tries to Block

ABS News Service/ 23.03.2017

7624

Essential Solvent Dimethylacetamide from China and Turkey under Dumping Investigation on Complaint of Rashtriya Chemicals and Balaji Amines

·     Artificial Construction of Normal Value Allowed, but Proof of Non Market Conditions Required

DGAD Initiation Notification No. 14/41/2016-DGAD dated 17th March 2017

7625

DGAD Initiates Investigation on Phosphorus Pentoxide (P2O5) from China on Complaint of Sandhya Dyes & Chemicals

·     Normal Value Construction Allowed

DGAD Initiation Notification F.NO 14/47/2016-DGAD dated 17th March 2017

7626

DGAD Recommends Anti-dumping Duty on PTFE from Russia by $134.79/MT in Final Findings

·     Revision Follows Sept 2016 CESTAT Ruling to Determine NIP afresh on Complaint of Guj Fluoro

DGAD Final Findings F.No. 15/02/2015-DGAD dated 15th March 2017

7627

DGAD Recommends Anti-dumping Duty of $22.89 per Unit on China Origin Aluminium Radiators, Aluminium Radiator Sub-Assemblies and Core Including CKD or SKD in Final Findings

DGAD Final Findings F. No. 14/24/2015-DGAD dated 20th March 2017

7628

$55.59/MT of Anti-dumping Duty on Clear Float Glass 4mm to 12mm from Iran, DGAD Recommends its Final Findings

·     Pak, Saudi Arabia, UAE and China Already on Hit List

DGAD Final Findings No. 14/7/2015-DGAD dated 20th March 2017

7629

RoSL on Export of Made-up Articles under Ch. 63

08-CBEC/20.03.2017

7630

Board Instructions to Exporters to Provide Correct Bank Details Including IFSC Code for Smooth Disbursal of Duty Drawback and RoSL Amount

CBEC Instruction No. 03 dated 16th March 2017

7631

Imports and Exports from Democratic Peoples Rep Korea Tightened

41-Ntfn/21.03.2017

7632

Corrections in Ch.4 of FTP Provisions

42-Ntfn/21.03.2017

7633

Guidelines for Hedging Currency Transactions for Indian Subsidiaries of MNCs

41-RBI/21.03.2017

7634

Export Obligation Period for Inputs with Pre-import Condition under AA Specified

62-PN/24.03.2017

7635

Duty Cut to 10% from 30% on Sunflower Seeds for Extraction and Refining of Oil for a Period of Six Months

·     Exemption Effective from 1 April to 30 Sept 2017

Ntfn 09/23.03.2017

7636

Hazira (Surat) Seaport Added as Shipment Points in Export Promotion Notifications

Ntfn 08/23.03.2017

7637

Tur Dal Duty Hiked to 10% to Shore up Falling Prices

·     Wheat Duty Raised to 10%

Ntfn 10/28.03.2017

7638

Groundnut Oil, Sesame Oil, Soyabean Oil and Maize Oil Export Allowed

43-Ntfn/27.03.2017

7639

Anti-dumping Duty on Diclofenac Sodium (Indolinone) Scope Widened to Control Circumvention

09-ADD/24.03.2017

7640

Zhejiang Sanmei Chemical Lose in New Shipper Review in Tetrafluoroethane (R-134a) Case – Duty in 2016 Notification to Apply with Retrospective Effect

10-ADD/24.03.2017

7641

One More Year for Ports to get Radiation Monitors and Scanners to Check Metal Scrap

63-PN/27.03.2017

7642

Leggings (Knitted or Crocheted) Classified in Customs Tariff Heading 6115

CBEC Instruction No. 04 dated 21.03.2017

7643

E-Payment for Government Dues Deadline and Banking Hours Extended till Midnight of 31 March 2017

205-ST/27.03.2017

7644

Jaitley Introduces Taxation Laws (Amendment) Bill

ABS News Service/ 04.04.2017

7645

Vanaja N. Surna Appointed CBEC Chief for 15 Months, No Extension to Najeeb Shah

·     Ananya Ray and Ram Tirath Bye Passed

ABS News Service/ 04.04.2017

7646

CBEC Clarification on Legislative Changes to Section 46 and 47 of Customs Act 1962

·     Filing of Self Assessed Bill of Entry

12-CBEC/31.03.2017

24 to 28-Cus(NT)/ 31.03.2017

7647

Standard Operating Procedures (SOP)

·   Refund

·   Demand

·   Adjudication

·   Review & Appeal

11-CBEC/31.03.2017

7648

Indo-Japan CEPA Concessional Duty on 806 Items Slashed to 0.5 - 9%

Ntfn 11/31.03.2017

7649

Guidelines for Disposal of Confiscated Cigarettes of Foreign Origin under Labelling Rules

09-CBEC/29.03.2017

7650

Please be Careful in Examining Carpet Consignments for Exports, says DBK Officer

10-CBEC/30.03.2017

7651

Exchanges Facility for Foreign Passport Holders Restored to Status quo Ante

42-RBI/30.03.2017

7652

Thirteen Foreign Post Offices Notified for Customs Clearances for both Imports and Exports

·   System Revamped for E-Commerce Clearance

31-Cus(NT)/31.03.2017

7653

Tariff Value Rises on Gold $14; Silver $36; Palmolein $16

·     Down: Brass Scrap $29; Poppy Seeds $69; Crude Soya Bean Oil $21; Crude Palm Oil $6

23-Cus(NT)/31.03.2017

7654

Four GST Bills Introduced in Parliament

·     Countdown to “Most Disruptive Law” Begins

ABS News Service/ 04.04.2017

7655

Reviving and Accelerating India’s Exports: Policy Issues and Suggestions

·     New Prescriptions to Revitalise Ailing Exports

ABS News Service/ 04.04.2017

7656

Japan Gets WTO Panel for Fast Track Action in Steel Safeguard Case

·     India Attempts to Drag the Case Fails as 12 Others Join in as Third Parties

·     Early time Frame Accepted as Safeguard Action Expires in Mar 2018, Japan Fears Loss $220mn by Then

ABS News Service/ 06.04.2017

7657

Fishing Net from Bangladesh and China under Anti-dumping Investigation on Complaint of Indian Fishnet Manufacturers Association (IFMA)

Anti-dumping Initiation Notification F. No.14/44/2016-DGAD dated 31st March 2017

7658

DGAD Initiates Investigation on Glassware from China and Indonesia on Complaint of Shreno Ltd.

·     Opal Glassware Anti-dumping Duty Notification will Expire on 8 Aug 2017

DGAD Initiation Notification No. 14/45/2016 – DGAD dated 28th March 2017

7659

DGAD Initiates Investigation on Playing Cards from China on Complaint of Parksons Plus Two Domestic Companies

DGAD Initiation Notification No 14/43/2016- DGAD dated 30th March 2017

7660

Anti-dumping Duty on Jute Products from Bangladesh – Table Substituted as per Corrigendum Issued by DGAD

·     No Changes in Duty

11-ADD/03.04.2017

7661

ICD can Handle Clearance of Un-shredded Metal Scrap Provided the Scrap Passes thru any Designated Sea Ports

·     DGFT Backtracks on Metal Scrap from ICDs

19-TN/30.03.2017

7662

Rupee Gains 30 Paise against Dollar to Rs. 65.90 w.e.f. 7 April 2017

33-Cus(NT)/06.04.2017

7663

India on the Mat over MSP on Wheat Export Subsidy, Pulse Stocking

ABS News Service/ 06.04.2017

7664

Solar Energy Subsidies in US, India has Panel

ABS News Service/ 06.04.2017

7665

Raw Sugar TRQ of Five Lakh MTs at Nil Duty Notified, Measure Expires on 13 June 2017

·     DGFT Notifies Release of TRQ of Raw Sugar to Actual Users

·     Last Date for Application 24 April 2017

·     Only Nine Ports Permitted

Ntfn 12/05.04.2017
01-Ntfn/05.04.2017

7666

MEIS for Onions Extended by Three Months

64-PN/31.03.2017

7667

‘Authority’ for Advance Rulings Definition Amended

29-Cus(NT); 08-CE(NT); 12-ST(NT) dated 31.03.2017

7668

Limits for Investment by Foreign Portfolio Investors in Govt Securities Increased by Rs. 110bn

43-RBI/31.03.2017

7669

Energy, Metals, Urea, World Sugar and Rubber Crash in Mar

·     Rice, Groundnut oil, Barley, Bananas, Oranges, Beef Up

·     Groundnuts, Woodpulp, Logs, Plywood, Rock Phosphate, Potassium Chloride, Shrimp Steady

World Bank Pink Sheet

7670

Rs. 2700 crs Windfall to Target Plus Exporters as Cabinet gives Relief to 12 Year Dead Scheme

·     Where is Unjust Unrichment Concept Mr. Jaitley?

·     DGFT Sits on Non Refund of SAD on Reward Scheme Licences but Jaitley Rewards Target Plus (Instituted during his Years in Commerce Ministry during Vajpayee Rule)

PIB (Cabinet) Press Release dated 12th April 2017

7671

IGM Amendment Fee Hiked to 1000 Rupees

·     Minor Amendment Simplified but Major Changes only after Long Procedure

·     Complex and Large Consignments to be Affected, Discretion of Man on the Spot goes

14-CBEC/11.04.2017

7672

Customs Duty on Domestic Supplies to EOU at the Time of Debonding Sufficient, Refund of Deemed Export Benefit not Necessary

13-CBEC/10.04.2017

7673

Two Month Manufacture Period Now for Raw Sugar TRQ

Ntfn 13/13.04.2017

7674

DGFT Asks EPCs to Issue RCMC Online

·     RCMC Helpdesk to Discipline Errant EPCs Required

01-TN/07.04.2017

7675

$135.40 per MT Dumping Duty Imposed on Flexible Slabstock Polyol from Thailand

13-ADD/11.04.2017

7676

Anti-dumping Duty of $23.78/MT to $300.22/MT on Linear Alkyl Benzene from China, Iran and Qatar Notified

12-ADD/11.04.2017

7677

Anti-dumping Duty on HR Flat Coils, Sheets and Plates in DGAD Final Findings

·     China, Japan, Korea, Russia, Brazil and Indonesia in Hit List

DGAD Final Findings No. 14/9/2016-DGAD dated 10.04.2017

7678

Marginal Cut for Anti-dumping Duty on CR Flat Steel Products from China, Japan, Korea and Ukraine in DGAD Final Findings

DGAD Final Findings No. 14/12/2016-DGAD dated 10.04.2017

7679

Anti-dumping Duty of $2.83 to $8.71/kg on Amoxycillin from China in Final Findings of DGAD

DGAD Final Findings No. 14/5/2015-DGAD dated 03.04.2017

7680

DGAD Recommends Anti-dumping Duty on Elastomeric Filament Yarn from China ($0.48 to $3.44/kg); South Korea ($0.15 to 1.90/kg); Taiwan ($2.40/kg); Vietnam ($0.36 to $2.16/kg) to Suffer in Final Findings of DGAD

DGAD Final Findings No. 14/29/2015-DGAD dated 24.03.2017

7681

Aussie Crashes to Record Low of 0.74 cents as Turnbull Woos Modi

ABS News Service/ 14.04.2017

7682

GST Bills Passed by Both Houses, Rajya Sabha Drops Amendments

ABS News Service/ 14.04.2017

7683

Trump Readies for Action against China as Xi Visit Approaches

·     Compulsory Deposits to Check Importers of “Dumped” Goods on the Anvil

·     Other Measures under Crafting

ABS News Service/ 14.04.2017

7684

India Nears World No. 2 Spot as Steel Producer

ABS News Service/ 14.04.2017

7685

U.S. to Impose Steel Tariffs of up to 148 percent

ABS News Service/ 14.04.2017

7686

India, Cuba come Together on WTO E-Commerce Rules on Buenos Agenda

ABS News Service/ 14.04.2017

7687

Zone Wise Sugar Import Quota Prescribed

·     Three More Ports, i.e., Karaikal, Vizag and Gangavaram (AP) Included

02-Ntfn/13.04.2017

7688

US Sugar Quota Open, DGFT Exhorts Exporters to Avail Opportunity

02-TN/13.04.2017

7689

Exports Jump 27.59% in March, Imports Rise 45.25%

PIB (MoC&I) Press Release dated 13.04.2017

7690

Amritsar Commissionerate Jurisdiction Limited to Border Areas of Punjab and J&K

·     Ludhiana gets Balance Punjab and Himachal

38-Cus(NT)/13.04.2017

7691

Settlement Commission, New Form SC(C)-2 Prescribed under Sec 127B(5) of CA 1962

37-Cus(NT)/12.04.2017

7692

Settlement Commission, New Form SC(E)-2 Prescribed under Sec 32E(5) of CEA 1944

09-CE(NT)/12.04.2017

7693

Movement of Goods in GST under Official Surveillance

·     CBEC says e-way bill on GSTN for All Movements above Rs. 50K

·     30 mins for Checking Prescribed

ABS News Service/ 20.04.2017

7694

Trade Recovery Expected in 2017 and 2018, Amid Policy Uncertainty

WTO Press Release dated 12.04.2017

7695

Foreign Shipping Lines to Pay Service Tax in India on Freight Charges on India Bound Consignments

Circular No. 206/4/2017-Service Tax dated 13 April 2017

7696

Tariff Value Rises on Gold $8; Silver $6; Brass Scrap $5; Areca Nuts $88

·     Down: Poppy Seeds $69; Crude Palm Oil $22; Palmolein $16; Palm Oil $16-$19; Crude Soyabean Oil $14

39-Cus(NT)/13.04.2017

7697

Export Credit of $31.29mn to Nicaragua for Financing Transmission Lines and Substation Project

44-RBI/13.04.2017

7698

Rupee Gains 35 Paise against Dollar to Rs. 65.55 w.e.f. 21 April 2017

40-Cus(NT)/20.04.2017

7699

Gold Dore Import – Licence be Granted only Valid BIS Licence Holders of Refinery

04-TN/21.04.2017

7700

Zero Basic Duty for 27 Medicines for Supply under Patient Assistance Programmes

Ntfn 16/20.04.2017

7701

CVD Exemption Extended Jute Products from Nepal

Ntfn 15/20.04.2017

7702

Reimports by Returning Defence Units

·     Central Paramilitary Forces also gets Zero Duty Benefit

Ntfn 17/21.04.2017

7703

Ceiling on Export of Organic Pulses & Lentils Enhanced to 50k MTs from 10k MTs per Annum

·     Export Allowed only from Customs EDI Ports Subject to APEDA Registration

03-Ntfn/19.04.2017

7704

Clarification on Registered Exporter System Certification of Origin of Goods under EU Generalised System of Preferences (GSP)

·     List of Important URLs to REX Issued

03-TN/17.04.2017

7705

Ceramic Rollers from China under Anti-dumping Investigation on Complaint of Futura Ceramics

DGAD Initiation Notification No.14/47/2016-DGAD dated 19th April 2017

7706

DGAD Initiates Dumping Investigation on Acrylic Fibre from China, Belarus, Ukraine, EU and Peru on Complaint of Indian Acrylics and Pasupati Acrylon

·     Korea and Thailand Already in the Net

·     Notification on Japan and Belarus Expired in July 2015

DGFT Initiation Notification No. 14/50/2016-DGAD dated 19th April 2017

7707

Utilisation of Duty Credit Scrips for Payment of Customs Duties in Case of EO Default – Policy Corrected

04-Ntfn/21.04.2017

7708

Board’s Permission Required for Meetings with Representatives of Foreign Missions

CBEC Circular dated 19th April 2017

7709

Merit Based Assessment of Project Imports in Heading 9801 under Individual Heading also Allowed

·     Double Classification for Merit Based Duty at Lower of Two Rates Possible

15-CBEC/19.04.2017

7710

Duty Free Import of Consumables for Jewellery Allowed for Domestic Industry

Ntfn 14/18.04.2017

7711

SCOMET Policy Rationalised

·     DGFT to Issue Authorisation to Distinguish between Non-SCOMET and SCOMET Items

·     Revised Policy Running into 230 Pages Released

·     Decision within 30 Days of Application

·     SCOMET Records to be Maintained for Five Years

04-Ntfn and 05-Ntfn/ 24.04.2017

7712

DGAD Initiates Sunset Review on Viscose Filament Yarn from China on Complaint of Keroram Rayon and Indian Rayon with the Support of Century Textiles

DGAD Initiation Notification F. No. 15/16/2016-DGAD dated 24th April 2017

7713

Reward Rates for Services Export Extended to 31 March 2017

03-PN/21.04.2017

7714

Corrections in MEIS Product Descriptions

01-PN/13.04.2017

7715

Aspirin Word Included in Acetyl Salicylic Acid SION

02-PN/19.04.2017

7716

Heena Powder and Paste – Excise Duty not to be Levied for the Period between 1 Jan 2007 to 1 March 2013 under Sec 11C of CEA, 1944

11-CE(NT)/24.04.2017

7717

18% Standard GST Rate for Goods and Services on the Anvil

·     12% for Service Tax on Transport Sector without ITC

·     Small Exempted List at 0% and 5% GST

·     Luxury Goods at 28%

·     States Promise to Pass SGST Law by 31 May

ABS News Service/ 27.04.2017

7718

Rupee Bullish, Hits 62 but Steep Fall in Sight

ABS News Service/ 27.04.2017

7719

Paswan for Tur at 25% Duty

ABS News Service/ 27.04.2017

7720

Trump Slaps Anti Subsidy Duty on Canadian Softwood; can Canadian Dollar Slumps

ABS News Service/ 27.04.2017

7721

Solar Products Classification

ABS News Service/ 27.04.2017

7722

US Mulls Tax Holiday on Exports, Disallowance of Imports in Profit Calculation

ABS News Service/ 27.04.2017

7723

Brazil Booms on Trade Surplus

ABS News Service/ 27.04.2017

7724

Sunset Review on Digital Offset Printing Plates from China on Complaint of Tech Nova

·     2012 Notification to Expire on 3 June

DGAD Initiation Notification File No. 15/24/2016-DGAD dated 25th April 2017

7725

Export Credit of $52.30mn to Mauritius for Project Trident

45-RBI/27.04.2017

7726

Raw Sugar TRQ Clarifications Issued, Import thru SEZs not Allowed

05-TN/27.04.2017

7727

Drawback Cap of Rs. 1276 Notified on Guar Gum Refined Split and Guar Meal

·     DBK Rate Reduced to 0.75% from 1%

41-Cus(NT)/26.04.2017

7728

Hazira (Surat) Sea Port Notified for Export Promotion

06-PN/27.04.2017

7729

Change in DGFT Regional Office Addresses

05-PN/27.04.2017

7730

Raw Sugar TRQ – DGFT Issues Details of TRQ Applications and Quota Allocations

DGFT Website

7731

CBEC Clarification on Posting of Central Excise Officer in Cigarette Units

CBEC Circular No. 1055 dated 1st May 2017

7732

Tariff Value Falls on Gold $4; Silver $27; Crude Palm Oil $23; RBD Palm Oil $27; Palmolein $17

·     Rises: Crude Soyabean Oil $10; Brass Scrap $25

42-Cus(NT)/28.04.2017

7733

Anti-dumping Duty Imposed on Elastomeric Filament Yarn from China, South Korea, Taiwan and Vietnam for Five Years

15-ADD/03.05.2017

7734

Anti-dumping Duty on Viscose Filament Yarn from China Extended by One Year, upto 3 May 2018 – Pending Review

14-ADD/03.05.2017

7735

Customs to Fall in Line with DGFT on Delays in Export Obligation Discharge Certificate (EODC) in EPCG Cases

16-CBEC/02.05.2017

7736

Rupee Gains 45 Paise against Dollar to Rs. 65.10 w.e.f. 5 May 2017

43-Cus(NT)/04.05.2017

7737

Export Credit of $4mn to Guyana for Procurement of High Capacity Fixed and Mobile Drainage Pumps

46-RBI/04.05.2017

7738

Service Tax Exempted on Pradhan Mantri Vaya Vandana Yojana

17-ST/04.05.2017

7739

Metals, Fertilizers, World Sugar, Edible oil and Rubber Crashes in Apr

·     Energy, Precious Metals, Rice, Tea, Copra, Coconut Oil, Beef, Logs Up

·     Groundnuts, Barley, Woodpulp, Cotton, Potassium Chloride, Shrimp Steady

World Bank Pink Sheet

7740

DGFT Amends Policy Retrospectively with 11 Years Back Effect

·     Honours SC Judgement which Holds Retrospective Amendment Bad in Law

·     Rs. 2700 crs Revenue Loss Estimated with Back dated Target Plus Scheme Licences to be Issued

·     Arun Jetley Honours Commitments in Last Months of NDA Rule in 2004 in Second Innings

·     Reliance Petro Exports Major Beneficiary

·     Similar Action on DFCE Scheme of NDA Thwarted by Alert Actions of DGFT Officials

06-Ntfn/08.05.2017

06-TN/08.05.2017

07-TN/08.05.2017

7741

Palm Stearin Exemptions of HS 3823 Shifted to HS 1511 Following Reclassification

Ntfn 18/09.05.2017

7742

Airlines to File Pre-check-in Passenger Manifest 12 hours before and Final Manifest 15 Minute before Flight Departure

17-CBEC/09.05.2017

7743

Trump Orders Review of WTO and Other Trade Deals to Secure US Interests

ABS News Service/ 10.05.2017

7744

Ross on the WTO

ABS News Service/ 10.05.2017

7745

Trump Allows Lemons from Argentina as WTO Dec Meet in Buenos Aires Nears

ABS News Service/ 10.05.2017

7746

ICC Arbitration Rules Allow Any Party to Ask for Reasons in Award

·     Cost and Time Cuts for Small Value <$2mn Cases

ABS News Service/ 10.05.2017

7747

Kenyan Takes Over Agri Chair at WTO

ABS News Service/ 10.05.2017

7748

Green Signal to Mexico to Retaliate for US Failure to Implement Tuna Decision at WTO

ABS News Service/ 10.05.2017

7749

Anti-dumping Duty on POY from China Extended till 1 May 2018 – Pending Review

16-ADD/09.05.2017

7750

Marginal Hike for Anti-dumping Duty on HR Flat Coils, Sheets and Plates – Final Findings

·     China, Japan, Korea, Russia, Brazil and Indonesia in Hit List

·     Duty Ranges: $478/MT; $489/MT; $561/MT

17-ADD/11.05.2017

7751

Massive Reorganisation in CBEC for GST – DG HRD Issues Details

D.O.F.No. 8/B/208/HRD (HRM)/2015-Pt dated 13th May 2017

7752

12 States Pass SGST Bills

·     Two New Members Mahender Singh and R.K. Mahajan Join CBEC

DO. No. 08/CH(EC)/2017 dated 12.05.2017

7753

$55.59/MT of Anti-dumping Duty on Clear Float Glass 4mm to 12mm from Iran Notified

19-ADD/12.05.2017

7754

Dept of Revenue Imposes Anti-dumping Duty of $22.89 per Unit on China Origin Aluminium Radiators, Aluminium Radiator Sub-Assemblies and Core Including CKD or SKD

·     Aluminium Radiators for use in New Automobiles Excluded

20-ADD/12.05.2017

7755

Marginal Cut for Anti-dumping Duty on CR Flat Steel Products from China, Japan, Korea and Ukraine in Final Findings

18-ADD/12.05.2017

7756

Anti-dumping Duty Imposed on Aluminium Foil from China

23-ADD/16.05.2017

7757

Anti-dumping Duty Hiked by $134.79/MT on Polytetrafluoroethylene (PTFE) from Russia

22-ADD/16.05.2017

7758

Anti-dumping Duty on Amoxycillin from China Notified

21-ADD/16.05.2017

7759

Indo-Chile PTA – Concessions on Import from Chile

·     List Enhanced to 1034 from 243

Ntfn 19/16.05.2017

7760

Rupee Falls 20 Paise against Dollar to Rs. 65.30 w.e.f. 19 May 2017

49-Cus(NT)/18.05.2017

7761

GST Meet on First Day Inconclusive on Six Categories of Goods – Discussions on these and Service Tax Rates will be taken up tomorrow – Another Round of GST Council likely in Future to Conclude Rates

Live Reporting from Srinagar by Arun Goyal

ABS News Service/ 18.05.2017

7762

GST Council Meeting Ends with Next Meeting on 3 June

·   Service Tax at 18% RNR

·   Exemption at 5% and 12% Rates Announced

·   Healthcare and Education Exempted

ABS News Service/ 19.05.2017

7763

Rules of Origin under Indo-Chile PTA Amendments

·   Certificate of Origin Requirements

·   Product Specific Rules

48-Cus(NT)/16.05.2017

7764

SCOMET Export Permission for Stock and Sale

·   Application Form for Approval for Export of SCOMET Items from Stockist Entity to End User Issued

07-PN/17.05.2017

7765

More Time for Red Sanders Export Quota

08-Ntfn/23.05.2017

7766

Manufactures of SSP, DAP, NP/NPK List Revised

07-Ntfn/16.05.2017

7767

Mega Power Projects – Validity Period of BG Extended to 10 Years from 5.5 Years

Ntfn 20/16.05.2017

7768

ECJ Rules: European Union Powers to Negotiate Deals for Member Countries Limited

ABS News Service/ 25.05.2017

7769

Canadian Senate Approves CETA Bill for Trade Pact with EU

ABS News Service/ 25.05.2017

7770

Robert Lighthizer Confirmed as USTR by Senate

ABS News Service/ 25.05.2017

7771

Cut and Polished Diamonds for Certification/Grading

Notification under Section 28A of Customs Act, 1962 to exempt import of cut & polished diamonds during period 9th March, 2012 to 1st March, 2017 by the authorized agencies/ offices in India of laboratories mentioned under para 4.74 of the Hand Book of Procedure.

Ntfn 21/22.05.2017

7772

Exporters with AEO Certificate (Tier I) Exempted from Drawal of Samples for Grant of Drawback

18-CBEC/29.05.2017

7773

Target Plus Scheme – Implementation of Supreme Court Judgement on Kanak Exports Case

19-CBEC/31.05.2017

7774

Rough, Uncut and Semi Polished Diamonds Exports Get Target Plus Benefit in 1 April 2005 to 19 Feb 2006 period Following Supreme Court Order

·   Semi-Precious Stones, Ores and Concentrates, Cereals, Sugar, Crude and Petroleum Products Exports Removed from Target Plus Benefit from 20 Feb 2006

Ntfn 22/31.05.2017

7775

Online Generation of Rotation Number by Shipping Agents in IceGate

20-CBEC/31.05.2017

7776

Customs Clearances at Nhava Sheva and Other Ports Stuck at IceGate Computers Unable to Take Load

·     Importers Forced to Pay Fine for Late Filing of Documents and Duty Payment

·     Demurrage Charge for Container Rent and Warehousing Space Killing Trade

·     Exports too Affected

·     Freight Forwarders Association Takes up Matter with Government, FIEO too Expresses Concerns

·   No News on Hardware Upgradation from CBEC

ABS News Service/ 02.06.2017

7777

Rupee Falls Five Paise against Dollar to Rs. 65.35 w.e.f. 2 June 2017

52-Cus(NT)/01.06.2017

7778

GST Council Meet at Vigyan Bhavan

Live Reporting by Mr. Arun Goyal

ABS News Service 03.06.2017

7779

Adhia says GST will Roll Out on 1 July

·     Trade wants Time to Prepare

·   Software Patches in ERP Systems not before 25 June

ABS News Service 03.06.2017

7780

Valid GSTIN Declaration in Customs Documents Mandatory from 1 July

ABS News Service 03.06.2017

7781

New Field Formations under GST and Postings of Officers

D.O.No.F.No. A-22011/05/2017-Ad.II dated 31st May, 2017

7782

Briefing to Media by Shri G K Gupta, Newly Elected President, FIEO

ABS News Service 03.06.2017

7783

DGAD Initiates Investigation on Dioctyl Phthalate (DOP) from Chinese Taipei and Korea on Complaint of KLJ Plasticizers, Single Producer

Case No. OI/03/2017 - Initiation Notification dated 1 June 2017

7784

Dioctyl Orthophathalate (DEPH) Classified in Tariff Item 2917 32 00

·      Meta and Para Variety of Dioctyl Phthalate falls under Tariff Item 2917 39 20

CBEC Instruction No. 07/2017-Customs dated 6 June 2017

7785

Provisional Anti-dumping Duty on Toluene Di-Isocyanate (TDI) from China, Japan and Korea Notified

25-ADD/05.06.2017

7786

Anti-dumping Duty on Plain Gypsum Plaster Boards from China, Indonesia, Thai and UAE Extended for One Year upto 6 June 2018 - Pending Review

26-ADD/07.06.2017

7787

Sunset Review on Plain Gypsum Plaster Boards from China, Indonesia, Thai and UAE on Complaint of Saint-Gobain

Initiation Notification SSR - 12/2017 (Sunset Review) dated 5 June 2017

7788

Decisions in GST Council Meet of 11 June 2017 to GST Rates on Goods and Services

ABS News Service/ 12.06.2017

7789

Anti-dumping Duty on Digital Offset Printing Plates from China Extended upto 3 June 2018

24-ADD/02.06.2017

7790

Manual Filing of Bills of Entries at EDI Locations in Exceptional Cases

·   Permission at Commissioner Level Must

·   Duty Payment only thru Digital Means

CBEC Instruction No. 06 dated 2nd June 2017

7791

DGFT Substitutes 10 Digit Numeric IEC with PAN Based IEC in GST Regime

09-TN/12.06.2017

7792

HR and CR Coils for Manufacture of CRGO Steel Duty Reduced to 5% from 10%

Ntfn 23/12.06.2017

7793

Provisional Anti-dumping Duty of $1.04 per kg Slapped on Ceramic Tableware and Kitchenware from China

·   Knives and Toilet Items Excluded

27-ADD/12.06.2017

7794

Three Member GST Facilitation Cell in DGFT

08-TN/08.06.2017

7795

Poultry and Poultry Products Import under Livestock Importation Act, 1898

09-Ntfn/08.06.2017

7796

GST is Scheduled Roll-out on 1 July

·     CBEC in Coordination with State Govts, Outreach Programmes to Reach Traders

ABS News Service/ 15.06.2017

7797

Opposition Ruled States Dragging their Feet on Passing State GST Law, PM

ABS News Service/ 15.06.2017

7798

GST Council Constitutes 18 Sectoral Groups for Smooth Roll-Out of GST

ABS News Service/ 15.06.2017

7799

Government Abolishes Various Cesses in the Last Three Years for Smooth Roll-Out of GST

ABS News Service/ 15.06.2017

7800

NACEN Bangalore Campus Inaugurated

ABS News Service/ 15.06.2017

7801

90 Days Input Tax Credit Carry Forward Allowed

ABS News Service/ 15.06.2017

7802

WTO Agriculture Negotiators Review Buenos Aires Ministerial Options

ABS News Service/ 15.06.2017

7803

eNodeB is an LTE Equipment used in Wireless Network Classified under Tariff Line 8517 62 90, It is much more than a “Base Station” of 8517 61

·     10% Basic Duty will be Applicable and not the ITA Duty of Nil

CBEC Instruction No. 08/2017-Customs dated 7 June 2017

7804

Tariq Glass of Pakistan Gets $23.54 per MT of Anti-dumping Duty on Clear Float Glass in New Shipper Review, Normal ADD $123.61 per MT

·     (Implementation in Abeyance till Madras High Court Final Order on New Shippers Review of 10 April 2017)

30-ADD/16.06.2017

7805

Soluble Salt Double Charge, GVT and PGVT Tiles from China – Final Findings

·     Anti-dumping Duty shall not be Charged for the period from 18 Sept 2016 to 13 June2017 due to Lapse of Provisional Duty

29-ADD/14.06.2017

7806

Final Anti-dumping Duty on Hydrogen Peroxide from Bangladesh, Taiwan, Korea, Indonesia, Pak and Thai Notified

28-ADD/14.06.2017

7807

Rupee Gains 20 Paise against Dollar to Rs. 65.15 w.e.f. 16 June 2017

53-Cus(NT)/15.06.2017

7808

Tariff Value Rises on Gold $5; Brass Scrap $34 and Arecanuts $638

·     Falls: Crude Palm Oil $23; RBD Palm Oil $15; Palmolein $14; Silver $10

54-Cus(NT)/15.06.2017

7809

GST Related to Foreign Trade Policy Help Desk in DGFT Headquarters

10-TN/14.06.2017

7810

Gold, Electronics Shoot up – Imports Rise 33%

·     Exports Up 8% at $24bn in May

ABS News Service/ 19.06.2017

7811

Crude; Metals, Precious Metals, Fertilizers and Rubber Crashes in May

·     Edible oil, Rice, Tea, Copra, Coconut Oil, Beef, Logs Up

·     Groundnuts, World Sugar, Woodpulp, Shrimp Steady

World Bank Pink Sheet

7812

UIDAI Sets up Help Desk for GST

F.No. 4(4)/57/145/2012/ E&U/Pt. dated 7th June 2017

7813

Minimum Maturity Period for Masala Bonds Raised upto $50mn for 3 Years

47-RBI/07.06.2017

7814

CENVAT Credit Rules 2004 Amended to Allow Carry Forward of Unused Spectrum Fee CENVAT to GST

15-CE(NT)/12.06.2017

7815

Appointment of Central Excise Officers and Vesting them with Powers under CEA 1944

12-CE(NT)/09.06.2017

7816

GST Bell Rings in Mid-night of 30 June-1 July

·     Special Function in Central Hall of Parliament Planned

ABS News Service/ 21.06.2017

7817

GST Facilitation Cell in Ministries

ABS News Service/ 21.06.2017

7818

Sunset Review on Soda Ash from Kenya, US Plus Five on Complaint of Nirma and DCW

·     2012 Notification to Expire on 2 July 2017

·     Tata Chemicals, Major Producer and Importer from Kenya, Excluded from “Domestic Industry”

Initiation Notification F.No.7/S/2017-DGAD dated 16th June 2017

7819

India MSP on Wheat in WTO Scan

ABS News Service/ 21.06.2017

7820

Oil Plunges to $45 as US Drillers and Libya Pull the Plug on OPEC

ABS News Service/ 21.06.2017

7821

WTO Compliance Panel says US Continues to Subsidies Boeing

ABS News Service/ 21.06.2017

7822

Advisory on Customs Matters on Introduction of GST Regime

    Levy of duties - IGST and Compensation Cess (wherever applicable) to be levied on imports

    Change in Bill of Entry and Shipping Bill forms - To capture additional details required for validation with GSTN in case of IGST ref und claims (export) or availability of IGST credit (imports)

    Procedure in respect of manual filing of Bills of Entry and Shipping Bills - To electronically y capture basic data required for validation with GSTN on imports and exports

D.O.F.N0.450 / 100/2017-CUS.IV dated 20 June 2017

7823

Notifying the CGST Rules, 2017 on Registration and Composition Levy

03/2017-Central Tax, dt. 19-06-2017

7824

Seeks to bring Certain Sections of the CGST Act, 2017 into Force w.e.f. 22.06.2017

01/2017-Central Tax, dt. 19-06-2017

7825

Seeks to bring Certain Sections of the IGST Act, 2017 into Force w.e.f. 22.06.2017

01/2017-Integrated Tax, dt. 19-06-2017

7826

Modes of Verification under CGST Rules, 2017

06/2017-Central Tax, dt. 19-06-2017

7827

Seeks to Exempt Persons only Engaged in making Taxable Supplies, Total Tax on which is liable to be Paid on Reverse Charge Basis

05/2017-Central Tax, dt. 19-06-2017

7828

Notifying www.gst.gov.in as the Common Goods and Services Tax Electronic Portal

04/2017-Central Tax, dt. 19-06-2017

7829

Notifying Jurisdiction of Central Tax Officers

02/2017-Central Tax, dt. 19-06-2017

7830

Seeks to Empower the Principal Commissioner of Central Tax, Bengaluru West to Grant Registration in Case of Online Information and Database Access or Retrieval Services Provided or Agreed to be Provided by a Person Located in Non-taxable Territory and Received by a Non-taxable Online Recipient.

02/2017-Integrated Tax, dt. 19-06-2017

7831

DGAD Initiates Investigation on High Tenacity Polyester Yarn from China on Complaint of SRF and Reliance

·     Nylon Filament Yarn, POY, Viscose Filament Yarn, Fully Drawn Polyester Yarn and Elastomeric Filament Yarn from China Already in the Net

DGAD Initiation Notification F.No.6/12/2017-DGAD dated 15th June 2017

7832

India-Malaysia (CECA) Bilateral Safeguard Rules 2017

55-Cus(NT)/21.06.2017

7833

CBEC Releases Latest FAOs on GST

ABS News Service/ 26.06.2017

7834

Marginal Cut for Anti-dumping Duty on Sewing Machine Needles from China in Review

31-ADD/22.06.2017

7835

FM Urges J&K to Implement GST

PIB (MoF) Press Release dated 26 June 2017

7836

TDS and TCS Provisions for CGST Postponed

PIB (MoF) Press Release dated 26 June 2017

7837

11 Metro/Mono Rail Projects under Project Imports Notified

Ntfn 24/23.06.2017

7838

Kanpur International Airports Declared as Customs Airport under Section 7(2) of CA, 1962

56-Cus(NT)/23.06.2017

7839

10% Duty Slapped on Mobiles and Printers – Indian Challenges WTO IT Agreement

We in ABS (Academy of Business Studies) did the research work for Meity. We found that Mobile phone classification was not part of the approved text of the IT Agreement concluded in Singapore WTO Ministerial meet in 1996. Now the Government has accepted the finding and slapped the duty and given concessions for domestic manufacture by way of exemption to parts of mobiles.

Arun Goyal

56/2017-Cus,dt. 30-06-2017

7840

Government Imposes Levy of 10% Basic Customs Duty (BCD) on Cellular Mobile Phone, Specified Parts thereof and Certain Electronic Goods. 

PIB Press Release/01.07.2017

7840

Seeks to prescribe BCD rates on certain electronic goods

57/2017-Cus,dt. 30-06-2017

7841

Seeks To Amend Notification 24-2005-Customs

58/2017-Cus,dt. 30-06-2017

7842

Amendment to Notification No. 40/2015-Custom dated 21.07.2015

61/2017-Cus,dt. 30-06-2017

7843

Amendment to Notification No. 09/2012-Custom dated 09.03.2012

60/2017-Cus,dt. 30-06-2017

7844

Amendment to Notification no. 52/2003-Custom dated 31.03.2003

59/2017-Cus,dt. 30-06-2017

7839

FT Order Conditions Removed from Personal Imports, No Licence Required

·     General Import rate Apply with Exemptions

Notification 16/2015-2020 dated 12 July 2017

7840

Impact of GST – Guidance for Importers and Exporters

CBEC Website

7841

LUT Format under GST

CBEC Website

7842

GST Registration – Traders are requested to Register before Last Date

ABS News Service/ 18.07.2017

7843

Sandalwood Oil Exports Restricted, Removed from Free List

Ref: Notification 15/2015-2020 dated 5 July 2017

7844

MEIS for Onions Extended by Three Months

DGFT Public Notice No. 10 dated 30 June 2017

7845

International Gemological Institute Mumbai Notified for Certificate/Grading of Diamond of 0.25 Carats and above

DGFT Notification 14/2015-2020 dated 30.06.2017

7846

Alpha-Numeric Format Permanent IEC Number for Non-Commercial PSUs and Govt Agencies

DGFT Public Notice 09/2015-2020 dated 29.06.2017

7847

Maldives Exports

DGFT Notification No. 12 12015-2020 Dated 27 June 2017

7848

Chemicals Listed under SCOMET to Specified Countries

DGFT Notification No. 13/2015-2020 dated 28 June 2017

7849

DEFT Q&A ion IEC

DGFT Trade Notice No. 11 dated 30 June 2017

7850

Assam Notification Prescribe Documents Required to be Carried by a Person in-charge of a Conveyance as Defined Section 2(34) of the Act

Notification No.FTX.56/2017/39. Dated 12th July, 2017

7851

Supplies to SEZs Across India – Some Serious Issues

ABS News Service/ 18.07.2017

7852

Self Sealing of Containers to Exporters Allowed Subject to One Time Permission

26-CBEC/01.07.2017

7853

Drawback on Garment Exports under ROSL

28-CBEC/06.07.2017

7854

Bond or Undertaking against Bank Guarantee Allowed for Exports without IGST

CBEC GST Wing Circular No. 02 dated 4th July 2017

7855

5% GST Rate for Physically Challenged Persons for Specified Items

PIB Press Release dated 4th July 2017

7856

Anti-dumping Duty on Pentaerythritol from China – Duty Reduced to $185.15 per MT from $515 per MT in Review

32-ADD/29.06.2017

7857

SK Panda Gets IT System and Ameeta Suri Legal as New Members of CBEC

CBEC Office Order No. 122 dated 19.07.2017

7858

ROSL Scroll Generation Activated, Garment Exporters to Get their Due

·     CBEC Chairman says no Corruption in GST Implementation asks Chief Commissioners to Monitor

·     CBEC Chairman Vanaja Sarna in a Communication to her Officers on 14 July says

DO.No. 18/CH(EC)/2017 dated 14th July 2017

7859

First GST I Due on 1 Sept – Two Months Grace Allows

CBEC Press Note

7860

Compensation Cess on Cigarettes Up by 0.50 to 0.79 per Stick to make up for Revenue Shortfall

CBEC Press Note

7861

No GST of 28% on 5 Star Hotels

CBEC Press Release dated 18th July 2017

7862

Personal Imports by Courier will be Subject to 10% Duty under Sl No. 608 of 50/2017 – DGFT Restriction, if any, may Apply

(DGFT to has Amended ITC(HS) Policy to bring it in Line with Customs Tariff)

CBEC Instruction No. 09 dated 5th July 2017

7863

Persons not Liable to GSTIN can Clear Export or Import Goods under PAN

CBEC Instruction No. 10 dated 6th July 2017

7864

Drawback Allowed Subject to GST Officer Certification on No ITC/ Refund Claimed

21-CBEC/30.06.2017

7865

Drawback to Continue for Three Months

·   Notification 58/2017 and 59/2017(NT) Issued

·   Transition

·   AIRs

·   Brand Rates

·   Jurisdiction

22-CBEC/30.06.2017

7866

Brand Rate Fixation

23-CBEC/30.06.2017

7867

Drawback on Supplies to SEZs

24-CBEC/30.06.2017

7868

New IGCR Rules 2017

·     Customs to Perform Excise Junctions

25-CBEC/30.06.2017

7869

PC to be Replaced by IGCR in EOU Cases

·     B-17 Bond to Serve as Continuity Bond

·     Flexibility on Future Imports Allowed under IGCR Rules 5(1)

·     PC Allowed upto 31.07.2017 IGCR thereafter

·     No PC on Inter Unit Transfers – IGST to be Paid

29-CBEC/17.07.2017

7870

Rupee Gains 45 Paise against Dollar to Rs. 65.20 w.e.f. 21 July 2017

72-Cus(NT)/20.07.2017

7871

All Legal Services Including Representational Services under Reverse Charge

CBEC Press Release dated 15th July 2017

7872

TDS on Works Contract to be Deducted on Payments for Works Executed before 30 June but Payments Made in Post GST Period

Maharashtra State Tax (GST), Trade Circular No. 32T of 2017 Dated 21st July, 2017

7873

Provisional GSTIN Ids Released – Rejection Cases Due to PAN Validation Failure

Maharashtra State Tax, Trade Circular No. 33T of 2017 Dated 21st July, 2017

7874

Haryana Sets out Procedures for Grant of Refund with Many Checks and Final Supervision by Committee of VAT Officers

Excise & Taxation Department, Haryana, Memo No. 1543 /ST-7 Dated 20th July, 2017

7875

Second Hand goods – GST only on Margins

CBEC Press Release dated 15th July 2017

7876

No GST on Hostels – Services also Exempt

CBEC Press Release dated 13th July 2017

7877

New Registrations to be in by 30 July

CBEC Press Release dated 15th July 2017

7878

Disposal of Seized Stocks of Cigarettes

27-CBEC/05.07.2017

7879

Anti-dumping Duty on Soda Ash from China, EU, USA and others Extended upto 2 July 2018 on Account of Court Stay – No Cases for Continuation of Duty in Mid Term Review – High Court Stay Stops Execution of Review Findings

33-ADD/30.06.2017

7880

Grinding Media Balls from China and Taiwan – Anti-dumping Duty Extended upto 15 July 2018 in Review

34-ADD/13.07.2017

7881

Provisional Anti-dumping Duty on O-Acid from China Notified

35-ADD/13.07.2017

7883

Intimation for Migration to Composition Scheme in GST Deadline Extended to 15 Aug

·     Cancellation of Registration can be done by 30 Sept Now

CBEC Press Release dated 22 July, 2017

7884

Visits Delhi – FM Releases Trade Facilitation Plan

·     Seeks India Help in Plugging Illicit Financial Flows

CBEC Press Release dated 21st July 2017

7885

GST Order Extension of time limit for filing intimation for composition levy upto 16-8-2017

Order No.1/2017 GST F.No.345/114/2017-GST Dated 21st July, 2017

7886

Extension of Time Limit for Filing Intimation for Composition Levy under sub- rule (1) of rule 3 of the CGST Rules, 2017

Order No. 01/2017-GST dated 21 July 2017

7887

Kerala GST ADVISORY - 3 - Works Contract – information

Circular No. C1-24614/16/CT Eoffice 11737/17 Dated. 18th July, 2017

7888

Goa Reduces Tax Rate of High Speed Diesel Oil (HSD) to 19% w.e.f. 22 July

Notification No. 4/5/2005-Fin(R&C)(150) Dated 21St July, 2017

7889

Andhra notifies E-way Rules - Goods upto Rs 50K Exempted from Permit

Notification No. G.O.MS.No. 309, Revenue (Commercial Taxes-II), Dated 24th July, 2017

7890

UP Notifies E-way Bill

Notification No. KA.NI.-1014/XI-9(52)/17- U.P.GSTRules-2017-Order-(31)-2017 Dated 21st, July 2017

7891

Exports under Claim for Drawback in the GST Scenario

32-CBEC/27.07.2017

7892

Re-testing of Samples

30-CBEC/18.07.2017

7893

Single Window Interface for Facilitation of Trade (SWIFT) in Exports – Online Referral of WCCB to All Customs EDI Locations with effect from 31 July, 2017

31-CBEC/25.07.2017

7894

Customs Declared Exchange Rate to Apply for Goods and GAAP Rates for Services

·     Cancellation of Registration Date Extended to 30 September, 2017

·     Effective Date of Amendments with Retrospective effect from 1 July 2017

17-CGST/27.07.2017

7895

Corrigenda to Customs Notification No. 38/2017 dated the 30th June, 2017

Corrigenda dated 22.07.2017

7896

Corrigenda to Customs Notification No. 43/2017 dated the 30th June, 2017

Corrigenda dated 22.07.2017

7897

Corrigenda to Customs Notification No. 45/2017 dated the 30th June, 2017

Corrigenda dated 22.07.2017

7898

Corrigenda to Customs Notification No. 46/2017 dated the 30th June, 2017

Corrigenda dated 22.07.2017

7899

Corrigenda to Customs Notification No. 47/2017 dated the 30th June, 2017

Corrigenda dated 22.07.2017

7900

Corrigenda to Customs Notification No. 50/2017 dated the 30th June, 2017

Corrigenda dated 03.07.2017

7901

GST Impact on Textiles: Subsidy for Garment Makers Cut to XS Size as Government Reduces Benefits under Remission of State Levies

ABS News Service/ 31.07.2017

7902

Kerala Amends SGST Rule 56

Notification No. S. R. O. No. 470/2017. Dated 27th July, 2017

7903

Niger and Guinea Included for LDCs Tariff Concessions

Ntfn 68/27.07.2017

7904

DGFT Releases 8424 MT Sugar Quota for USA under TRQ upto 30 Sept 2018

13-PN/27.07.2017

7905

Raw Cashew - Quantity of Import Item Raised

12-PN/27.07.2017

7906

DGFT Amends Validity Period of Import-Export Authorization

11-PN/26.07.2017

7907

Polytetrafluoroethylene (PTFE) from China – Marginal Duty Cut in Sunset Review

36-ADD/28.07.2017

7908

Tariff Value on Gold, Silver, Palm Oil and Palmolein, Brass Scrap

74-Cus(NT)/31.07.2017

7909

India-Bhutan Trade come into effect from 29 July 2017

The new Agreement on Trade, Commerce and Transit between India and Bhutan has come into force with effect from 29th July 2017

PIB Press Release dated 31st July 2017

7910

Border Haat on India-Bangladesh at Srinagar, Tripura and Tarapur Kalaichar – Free Trade upto $200 per Transaction within 5 km Allowed

14-PN/31.07.2017

7911

Sugar TRQ – DGFT Issues Quota Allocations

12-TN/31.07.2017

7912

Levy of IGST on High Sea Sales

33-CBEC/01.08.2017

7913

Exercise Books Classified under heading 4820

·     Children’s Drawing Books in 4903

1057-CBEC/07.07.2017

7914

Govt Restores RoSL Benefits for garment Exports

ABS News Service/ 02.08.2017

7915

Exports to be Charged Compensation Cess Subject to Refund under “Zero Rated Supply”

Circular No.1 /1/2017-Compensation Cess dated 26 July 2017

7916

GST Council Officer, Aide Arrested Over Corruption Charges

ABS News Service/04.08.2017

7917

GST Readiness Form

Telangana Circular CCT's Circular No. CS(1)/27/2017, Dated: 2nd August, 2017

7918

Guidelines for Roadside Checking

Haryana Memo No. 1598/ST-6, Dated 1st August, 2017

7919

Rupee Gains 65 Paisa against Dollar to Rs. 64.55 w.e.f. 8 August 2017

75-Cus(NT)/03.08.2017

7920

Tur Dal Import Restricted Subject to Annual Quota of 2 lakh MT

·     Importers Left in the Lurch as Pending Shipments (Other than LC) Face Clampdown

19-Ntfn/05.08.2017

7921

Red Sanders Import Prohibited

17-Ntfn/01.08.2017

7922

Cigarettes Subject to 2017 Packing Rules

18-Ntfn/01.08.2017

7923

No Hike in Compensation Cess for Motor Vehicles Now, Act to be Amended to Raise Cess Ceiling to 25%

Press Release dated 7 August 2017

7924

Address Change for Approved Agencies of Origin Certification

16-PN/04.08.2017

7925

Safeguards to Control Sudden Risk in Imports under India-Korea CEPA (Safeguard) Rules, 2017 Notified

77-Cus(NT)/04.08.2017

7926

Sandeep Mohan Bhatnagar Appointed DG Safeguards

76-Cus(NT)/04.08.2017

7927

Opal Glassware from China and UAE – Anti-dumping duty Slashed in Sunset Review

37-ADD/09.08.2017

7928

Review Cases of Commissioner Orders by Chief Commissioner as First Link Officer

Office Order No. 15/2017 dated 08 August 2017

7929

Issuance and Use of Form C under the Central Sales Tax Act, 1956

Trade Circular No. 08/2017 No. 810/CT/PRO/3C/PRO/ 2015 dated 7th August, 2017

7930

Karnataka Notification Date for filing of outward supplies in FORM GSTR-1, inward supplies in FORM GSTR-2, GSTR-3 & GSTR-3B for months of July & August

Notification (NO. 1-A/2017) No. KGST/ CR-01/ 2017-18, Dated: 8th August, 2017

7931

Telangana Notification for e-Way Bill

Notification No. G.O.Ms.No. 180 Dated: 9th August, 2017

7932

Bamboo Certification of Origin for Exports

15-PN/02.08.2017

7933

Festival Bonanza – Crude and Refined Oil Duty Raised by 5% to 10%

·     Crude Palm Oil Duty Raised to 15% from 7.5%

·     Soyabean Oil to 17.5% from 12.5%

·     Refined Palm Oil to 25% from 15%

Ntfn 71/11.08.2017

7934

Exports to Nepal can be made IGST on LUT

·     Bond without BG Allowed for Exporters Registered with an EPC

·     BG can be given to any Revenue Officer of Central State Govt in Local Area of Jurisdiction

·     All Circulars to Apply with Retrospective Effect, that is for all Exports on or after 1 July, 2017

Circular No. 5/5/2017 – GST dated 11 August 2017

7935

No Quotas for Toor Dal Imports this year, Two Lakh Ceiling Crossed before Policy Change

·     Consignments in Transit in Doldrums as only LC Cases will be Honoured by Customs

Trade Notice No. 13/2015-2020) dated 11 August 2017

7936

Returns on Foreign Currency Holdings

A .P. (DIR Series) Circular No. 3 dated August 10, 2017

7937

No Claim for IGST or SGST Levy Refund on RoSL Claimed Goods

·     Pre GST RoSL to Continue till 30 Sept 2017

Circular No. - 34/ 2017-Customs dated 9 August 2017

7938

EOU Monthly Return from for Rule 23(3) of CER 2017

Notification No. 24/2017 - Central Excise (N.T.) dated 9 August 2017

7939

Monthly Return for Production and Removal of Goods under Rule 12 of CER 2017

Notification No. 23/2017 - Central Excise (N.T.) dated 09 August 2017

7940

GSTR-3B Online Filing Dates

Notification No. 21/2017 – Central Tax dated 08 August 2017

7941

Time Limit for 39(1) Return of FSTR-3 Extended to Sept for July and Aug 2017 Months

Notification No. 20/2017 – Central Tax dated 08.08.2017

7942

Sec 38(2) Return Dates Extended to Sept for July, Aug 2017 Returns

Notification No. 19/2017 – Central Tax dated 08.08.2017

7943

Time Limit for Sec 37(1) Return Date Extended to Sept for July, Aug 2017 Returns

Notification No. 18/2017 – Central Tax dated 08.08.2017

7944

Issue of Final Registration Certificate for GST

Memo No. 1698/ST-2, Dated 10th August, 2017

7945

Regional Authorities Meet with DGFT for Mid Term Policy under New DGFT

PIB (MoC&I) Press Release dated 10th August 2017

7946

E-way Permit Exemption

ABS News Service/17.08.2017

7947

Rupee Falls 60 Paisa against Dollar to Rs. 65.15 w.e.f. 18 August 2017

81-Cus(NT)/17.08.2017

7948

Cabinet Approves MoU between India and Sweden on IPRs

ABS News Service/17.08.2017

7949

Cabinet Approves Scheme of Budgetary Support under GST Regime to Units Located in North Eastern States, J&K, HP

ABS News Service/17.08.2017

7950

Guidelines for Provisional Release of Seized Goods Cases under Section 110A of Customs Act, 1962

35-CBEC/16.08.2017

7951

Tariff Value on Gold, Silver, Brass Scrap, Palm Oil and Palmolein

78-Cus(NT)/14.08.2017

7952

Excise Procedure for Granting Duty Rebate

25-CE(NT)/16.08.2017

7953

Import Shoot Up 15% in July, Exports Rise only 4%

PIB (MoC&I) Press Release dated 14 August 2017

7954

There are Rumours Floating Around that the Last Date for Payment of GST and Filling of Return in FORM 3B is being Extended by a Week

·     These Rumours are Unsubstantiated

·     There is no Change in the Last Date for Payment of GST as per the Self-Assessed Liability

·     However for Taxpayers who want to Claim Transitional Credit the Time Period for only Filing of Return in FORM3B is Extended by One Week

·     However even those Taxpayers will Settle Self-Assessed Liability (after Adjusting Transitional ITC) of GST by 20th August

23–CT/17.08.2017

7955

Transitional Credit for GST Clarification

CBEC Press Release dated 17th August 2017

7956

Amendments in Central Goods and Service Tax Rules, 2017

22-CT/17.08.2017

7957

Re-export after Contract Execution

Ntfn 72/16.08.2017

7958

Gold and Silver Jewellery Drawback Rates Revised

79-Cus(NT)/17.08.2017

7959

Eggs and Pulses Export Quota to Maldives for 2017-18 Period Notified

20-Ntfn/14.08.2017

7960

8 Carats and upto a Maximum Limit of 22 Carats Gold Jewellery (Plain or Studded) Export from DTA, EOU and Tech Parks Allowed

21-Ntfn/14.08.2017

7961

Uttar Pradesh Circular on E Way Bill

UP EwayBill Circular No. 1718025 dated 16.08.2017

7962

Uttar Pradesh Notification for Tax Rate of Diesel oil and Natural Gas

Notification No.-KA.NI-1112/XI-9(57)/17-U.P. Act-5-2008-Order-(34)-2017 dated 10 August, 2017

7963

Mandatory E-payment of Customs Duty of Rs. 10,000 and above w.e.f 1 Sept. 2017

80-Cus(NT)/17.08.2017

7964

IGST on Parts of Tractors Slashed to 18% from 28% w.e.f. 18 August 2017

19-IGST/18.08.2017

7965

13 More Electronics Products Added to CRO List

Min of Electronics and Information Technology Notification dated 16 August 2017

7966

Indo-Bangladesh Border Haats – Value Limit Raised to $200 from $50 per day per Individual

·     Coverage of Item Description Enlarged

Ntfn 73/18.08.2017

7967

Urad and Moong Dal Import Restricted subject to Annual Quota of 2 lakh MT

21-Ntfn/21.08.2017

7968

Anti-dumping Duty Imposed on Tempered Glass from China

38-ADD/18.08.2017

7969

Last Date for Payment of GST and Filing of Return for July 2017 Extended by 5 Days

CBEC Press Release dated 19 August 2017

7970

Jaitley Urges States to Reduce Burden of Value Added Tax on Petroleum Products Used for Manufacturing

PIB Press Release/18.08.2017

7971

Web Based System for Online Processing of Application for ICD/CFS/AFS

PIB Press Release/18.08.2017

7972

Requirement of Bank Certificate Evidencing Receipt of Payment in Freely Convertible Currency for Export to Bhutan for specified Hydroelectric Projects

1058-CBEC/16.08.2017

7973

IGST Rate Reduction on specified Supplies of Works Contract Services, Job Work for Textile & Textile Products, Printing Service of Books, Newspapers

20-IGST/22.08.2017

7974

Zero IGST on services provided by Fair Price Shops to Government and those provided by and to FIFA for FIFA U-1

21-IGST/22.08.2017

7975

RCM Provisions for GTA Amended

22-IGST/22.08.2017

7976

Housekeeping Services thru E-Commerce Operator is liable for Registration under IGST Clause (v) of Sec.20

23-IGST/22.08.2017

7977

Last Date for Payment of GST and Filing of Return for July 2017 Extended by 5 Days

24-CT/21.08.2017

7978

82 More Items included in MEIS List

17-PN/22.08.2017

7979

Chhattisgarh Notification for Tax Rate of Aviation Turbine Fuel @ 4%

Notification No. F-10-62/ 2017/CT/V (110). dated 4th August, 2017

7980

GST on Selling of Space for Advertisement in Print Media – Clarification

ABS News Service/24.08.2017

7981

Caustic Soda from Saudi Arabia, Iran and USA – Anti-dumping Duty Slashed in Mid-Term Review

·     No Change in USA Case

39-ADD/23.08.2017

7982

Status Holders Allowed 2% of Export Value upto Limit of Rs. 1 crs without Remittance

·     Pharma given 8% Limit

23-Ntfn/23.08.2017
18-PN/23.08.2017

7983

SNG Inspection Noida Delisted as PSIA for Metal Scrap Inspection

19-PN/23.08.2017

7984

Time to get BIS Licence for Gold-dore Refineries Extended by One Year

14-TN/24.08.2017

7985

Sodium Nitrite from China – Anti-dumping duty Slashed in Sunset Review

40-ADD/25.08.2017

7986

Guidance for Taxpayers in Relation to GST

ABS News Service/26.08.2017

7987

Gold or Silver Importation and Exportation Removed from WTO Rules under Para 2.07 of FTP – Import and Export now under Currency Category which is Outside WTO Frame

24-Ntfn/25.08.2017

7988

All Items of Gold and Silver Import from South Korea Restricted

·     New Trend of Country wise Import Restrictions going beyond MFN Rules of WTO

25-Ntfn/25.08.2017

7989

Appendix 2X in FTP Notified to Declare Country wise Restriction as a Derogation from MFN Principles

20-PN/25.08.2017

7990

Revenue Summit on 1-2 Sept

DO.No.24/CH(EC)/2017 dated 25th August 2017

7991

Self-Sealing of Containers by Exporters to comes into Effect from 1 Oct 2017

36-CBEC/28.08.2017

7992

GST Rate on Lottery Tickets – Classified in ‘Any Chapter’ of Goods Classification - Code is not under Services

Circular No. 06/06/2017 - CGST F. No. 354/149/2017-TRU Dated 27th August, 2017

7993

Date for Filing OIDAR of GSTR-5A and GSTR-6" Extended to 15 Sept 2017

Notification No. 25/2017 – Central Tax dated 28th August, 2017

7994

ISD (Input Service Distributor) to Furnish July Return by 8 Sept, Aug by 23 Sept.

Notification No.26 /2017 – Central Tax dated 28th August, 2017

7995

Maharashtra Amends VAT Rates of Natural Gas and Undenatured Ethyl Alcohol

Notification No. VAT-1517/CR-136(A)/Taxation-1. Dated 24th August, 2017

7996

Metronidazole from China – Anti-dumping Duty Extended upto 28 August 2018 in Review

41-ADD/29.08.2017

7997

Centre Imposes Stock Holding Limit on Sugar Producers for Sept and Oct 2017

Deptt. Food and Public Distribution Order dated 28 August 2017

7998

India-Tanzania Joint Trade Committee (JTC) Meeting

ABS News Service/30.08.2017

7999

E-way Rules Notified

27/2017-Central Tax dated 30 August 2017

8000

Compensation Cess on Motor Vehicles

ABS News Service/31.08.2017

8001

Low Cost Diesel not Meant for SUVs and Cars, says Dharmendra Pradhan

·     BS VI will be Introduced by April 2020, says Petroleum Minister

ABS News Service/31.08.2017

8002

Anti-dumping Duty Imposed on Castings for Wind Operated Electricity Generators’ from China

42-ADD/30.08.2017

8003

SBR of 1500 series and 1700 series from EU, Korea and Thailand – Anti-dumping Duty Notified for Five Years

43-ADD/30.08.2017

8004

DGAD Initiates Investigation on Belting Fabric from China on Complaint of SRF

F. No. 14/35/2016-DGAD dated 23 August 2017

8005

DGAD Initiates Sunset Review Investigation on Metronidazole from China after High Court Order Intervention

File No. 7/6/2017-DGAD dated 29 August 2017

8006

Nylon Filament Yarn from EU and Vietnam under Anti-dumping Investigation on Complaint of JCT, Prafful plus Three

Initiation Notification F. No-14/33/2016-DGAD dated 22 August 2017

8007

No Late Fee for Filing July GSTR-3B beyond due Date

Notification No.28 /2017 – Central Tax dated 1 September 2017

8008

Procedure for Reconciliation of GSTR-3B with GSTR 1 and GSTR 2

Circular No. 7/7/2017-GST dated 01 September 2017

8009

Regional Offices of DGFT to Ensure Bank Guarantee Extensions Three Months before Expiry

F.No.18/01/HQ/2017-18/ECA.III/534 dated 28 July 2017

8010

DGFT Relaxes Para 1.05 Policy to Allow Import of Toor in Advance Payment before 5 Aug Cases

·     Procedure of Contract Registration with Regional DGFT Offices Notified

Trade Notice No. 15/2015-2020 dated 31 August 2017

8011

Chief Commissioners to Issue Standing Orders to Condone Late Filing of Bills of Entry without Penalty where Department is Fault

Instruction No. 12/2017-Customs dated 31 August 2017

8012

Toys Import Policy Revised – Indian Certification must with NABL Testing and Certification

26-Ntfn/01.09.2017

8013

Last Date for Export of 8424 MT Sugar to USA under TRQ Extended to 31 Oct 2017

23-PN/01.09.2017

8014

Algeria Suspends Direct Debit for Food, Industrial Equipments, Marble, Plastics and Carpets

·     Pre Authorised Direct Debit Instructions Required

16-TN/01.09.2017

8015

APEDA Enlisted as Authorised Agency for Issuing GSP Certificate and COO (Non-Preferential)

24-PN/01.09.2017

8016

Amendments in MEIS Schedule to Align with ITC(HS) 2017 for Exports w.e.f. 1 July 2017

22-PN/31.08.2017

8017

Application Form for Import and Export of Red Sanders and Sandal Wood by SEZ Units for MOEF NOC

21-PN/31.08.2017

8018

Return Due Dates Extended to Sept for July, Oct for August 2017 Returns

Notification No. 29/2017 – Central Tax dated 5 September 2017

8019

ECGC Revives Export-Factoring Business

ABS News Service/06.09.2017

8020

Rupee Gains 25 Paise against Dollar to Rs. 64.90 w.e.f. 8 September 2017

84-Cus(NT)/07.09.2017

8021

15 Member Task Force on Employment and Exports Constituted in NITI Aayog

ABS News Service/07.09.2017

8022

Import of Three lakh MT of Raw Sugar through Southern Ports of India at 25% Duty Allowed

27-Ntfn/07.09.2017

8023

DGFT Activates Single Point Contact Service at Contact@DGFT for Resolving All Foreign Trade Issues

17-TN/06.09.2017

8024

Recommendations Made by the GST Council in the 21st Meeting at Hyderabad on 9th September, 2017

PIB (MoF) Press Release dated 09.09.2017

8025

Decisions Taken on Services – 21st GST Council Meeting, 9th September, 2017

ABS News Service/11.09.2017

8026

Exports Sector Welcomes the GST Council Decisions: Ganesh Kumar Gupta, President, FIEO

ABS News Service/11.09.2017

8027

Q&A on GSTR Filing Instructions

ABS News Service/11.09.2017

8028

18.95% of Anti-Subsidy (CVD) Duty on Stainless Steel Flat Products from China Imposed

Customs Notification 01/2017(CVD) dated 07-09-2017

8029

Imposition of Countervailing Duty on Imports of Stainless Steel Flat Products

PIB (MoS) Press Release dated 08.09.2017

8030

Raw Sugar TRQ of Three Lakh MTs at 25% Duty Notified

74/07.09.2017

8031

Notifications Extending Filing of GSTR-1, GSTR-2, GSTR-3 and GSTR-6

30 and 31-Central Tax dated 11.09.2017

8032

CBEC Advisory for Collection of Excise Duty and Service Taxes

F.No. V/598/01 /2017/8698 dated 7 September 2017

8033

Prevention of Tampering of Mobile Device Equipment Identification Number Rules, 2017

Department of Telecommunications Notification dated 25 August 2017

8034

Mandatory Testing of Telecom Equipments – Effective from 1 October 2018

Department of Telecommunications Notification dated 5 September 2017

8035

FinMin to Initiate Budget Exercise Next Week

ABS News Service/11.09.2017

8036

Anti-dumping Duty on Ammonium Nitrate Fertilisers from Russia, Indonesia, Georgia and Iran for Five Years Notified

44-ADD/12.09.2017

8037

CBEC Member Ananya Ray Retires

DO.No.26/CH(EC)/2017 dated 08.09.2017

8038

Finance Minister Jaitley Constitutes Group of Ministers and a Committee on Exports

PIB (MoF) Press Release dated 12.09.2017

8039

Compensation Cess on Electric Vehicles of Engine Capacity Exceeding 4000 mm 15%

·     Motor Vehicles of Engine Capacity Not Exceeding 1500 cc Raised to 17% from 15%

·     Exceeding 1500cc other than SUVs 20% from 15%

·     SUVs including Utility Vehicles 22% from 15%

Ntfn 05/2017-Compensation Cess (Rate) dated 11 September 2017

8040

Both Basic and IGST on Sports Goods Imported for FIFA (under 17 World Cup India 2017) Exempted subject to Re-Export in Three Months

Ntfn 75/13.09.2017

8041

Sushil Modi to Head Group of Ministers on GSTN Reform

ABS News Service/14.09.2017

8042

“Casual Taxable Persons” Exempt from Registration on Inter State Supplies upto Rs. 20 lakhs but PAN and E-Way Registration Must

32-CT/15.09.2017

8043

Job Workers in Inter State Supply Exempted from GST Registration

(Job Workers undertaking articles of precious metal not included in exemption. See Sl.No. 151 of E-way Rules 138 annexed)

07-IGST/14.09.2017

8044

Handicraft Suppliers Exempted from Registration on Inter State Supplies upto Rs. 20 lakhs – E-way Registration Must

08-IGST/14.09.2017

8045

Renuka Sugar, EID Parry Get Bulk of Raw Sugar Concessional Duty Quota from South India

DGFT Minutes of the Meeting dated 13.09.2017

8046

PBT Filament Included in Tooth Brushes Input Output Norms

25-PN/14.09.2017

8047

Moong, Toor Dal and Urad Export Ban Lifted

28-Ntfn/15.09.2017

8048

Sec 51(1) on Tax Deduction at Source of CGST Act, 2017 to Come into Force on 18 Sept 2017

33-CT/15.09.2017

8049

CBEC Asks Commissioners to File Appeals where High Courts have Ruled against GST – Recent High Court Order Staying IGST on Advance Licence Imports against Pre GST Licence Case in Point

CBEC Instruction dated 18 September 2017

8050

Delhi HC Allows Exporter to Import without Paying IGST

ABS News Service/19.09.2017

8051

Time Limit for Submitting for FORM GST TRAN-1 to Claim Credit for Pre GST Duty Paid Extended till 31 Oct 2017 – Revision of Form already Submitted Allowed

Order No. 02/2017-GST dated 18 September 2017

8052

Tariff Value on Gold, Silver, Palm Oil, Palmolein and Brass Scrap

87-Cus(NT)/15.09.2017

8053

Anti-dumping Duty on Radial Tyres for Buses and Trucks from China Notified for Five Years

45-ADD/18.09.2017

8054

Banks Directed to Generate Export BRC only from Export Database from 16 Oct 2017

04-RBI/15.09.2017

8055

New GST Rates in Hyderabad Meet to be Released Tonight

·     FinMin Creates Net to Check GST Evasion through Unregistered Brand Name

ABS News Service/21.09.2017

8056

Self-Sealing for Containers by Electronic Methods Explained

37-CBEC/20.09.2017

8057

DG Safeguards Asks for Fresh Application for Technical Member of Anti-profiteering Authority

ABS News Service/21.09.2017

8058

DGFT Revises Norm Fixation Process

·     Adhoc Norms to be Fixed in Delhi, Regional Authority Powers Transferred

·     Direct Technical Authority Recco can be Accepted

26-PN/20.09.2017

8059

New Drawback Rates Effective from 1 October 2017 Released

38-CBEC/22.09.2017

8060

Last Date for Submission of TRAN-1 Form Extended to 31 Oct 2017

Order No. 03/2017-GST dated 21 September 2017

8061

Works Contracts to Government for Non Commercial, Education, Residences Purposes covered under 12% IGST – New Entry Carried out from 18% Duty rate

24-IGST/21.09.2017

8062

Admission to FIFA U-17 Exempt from IGST

25-IGST/21.09.2017

8063

Heavy Water Supply to NPCI by DAE Exempt from IGST

26-IGST/21.09.2017

8064

Rupee Falls 50 paise against Dollar to Rs. 65.40 w.e.f 22 September 2017

90-Cus(NT)/21.09.2017

8065

Cotton, Cotton Quilts, Handicraft, Corduroy Fabrics, Monitors, Diamonds Get Relief by 27/2017-IGST dated 22.09.2017

27-IGST/22.09.2017

8066

All Brands Registered on 15 May 2017 under any Law or under Legal Action to Pay GST when put in Unit Containers

PIB (MoF) Press Release dated 22.09.2017

8067

Local Musical Instruments, Clay Idols, Khadi, Cotton Seed Oil Cake included in Exemption List

28-IGST/22.09.2017

8068

Corduroy Fabrics in 5% List subject to No Refund of Excess ITC

29-IGST/22.09.2017

8069

SMP for Milk Production Exempted

30-IGST/22.09.2017

8070

Government Considering Exporters Refund on GSTR 3B basis to Expedite Funds Release

·     GST Council to Meet on 6 Oct to Decide

PIB (MoF)  Press Release dated 22.09.2017

8071

Government Clarifies that GST Cash Collections are after Availing TRANS-1 and ITC Credits

·     More Time in TRANS-1 given only to Correct “Mistakenly” taken Credits

PIB (MoF)  Press Release dated 22.09.2017

8072

Exporters Heaves High of Relief as Refunds based on Summary Filing in 3B Allowed

FIEO Press Release dated 22.09.2017

8073

Military Use Defined as Non SCOMET Goods for Possible Military Use in SCOMET Goods

27-PN/21.09.2017

8074

Amendments in SCOMET Items List

29-Ntfn/21.09.2017

8075

Alloy Steel bars and rods in straight length from China under Dumping Investigation on Complaint of JSW, Usha Martin and Plus Four Domestic Companies

Initiation Notification dated 22 September 2017

8076

Yarn below 1000 denier, Coloured Yarn and Twisted Yarn Excluded from the Anti-dumping Investigation in High Tenacity Polyester Yarn import from China case on Complaint of SRF and Reliance

Corrigendum Case No O.I. 19/2017 dated 22 September 2017

8077

CGST Corrigendum to Notification No. 13/2017-Central Tax (Rate), dated the 28th June, 2017 - Legal Services

Corrigendum dated 25 September 2017

8078

Valuation Rules Amended

·     Place of Importation Defined

·     No More Loading and Unloading Charges at the Place of Import

·     Clarity in CIF Value and Max 1% and 20% Loading of Insurance and Freight

·     Transshipment Cost not to be Included in Value

29-CBEC/26.09.2017

91-Cus(NT)/26.09.2017

8079

More Revenue above the 92K Crs Already Collected to come in GST, says Government

·     IGST Shares 50% in 92K crs will be Set Off in Later Tax Returns!

ABS News Service/27.09.2017

8080

RCF and NFL Allowed Urea Import for Three Months

30-Ntfn/26.09.2017

8081

Rupee Bonds Excluded from FPI Limits

06-RBI/22.09.2017

8082

Masala Bonds Removed from FPI, Now Covered in ECB

05-RBI/22.09.2017

8083

Clarification on Reflection of Transitional Credit Arising Out of Payment of Service Tax on RCM basis after 30th June 2017 and by 5th/6th July 2017

Circular 207/5/2017-Service Tax dated 28 September 2017

8084

Exporters’ Concerns relating to GST - Meeting with Hon’ble Finance Minister held on September 28, 2017

ABS News Service/29.09.2017

8085

Double Payment of Customs Duty - Procedure for Refund Claim

Public Notice No. 117/2017 dated 8 September 2017

8086

Anti-dumping Investigation of Ofloxacin Case Extended upto 3 Jan 2018

Office Memorandum dated 27 September 2017

8087

Anti-dumping Investigation of Resorcinol Case Extended upto 12 Jan 2018

File No. 14/37/2016-DGAD - Office Memorandum dated 27 September, 2017

8088

FPI Investment Limits in Government Securities Raised for the Next Quarter Oct-Dec 2017

07-RBI/28.09.2017

8089

Excise Duty Cut of Rs.2 per Litre for Petrol and Diesel [both Branded and Unbranded] with effect from 4th October, 2017

22-CE/03.10.2017

8090

Prevention of Illegal Import of Fireworks/Crackers of Foreign Origin

CBEC Instruction No. 13/2017- Customs dated 27 September 2017

8091

Time Limit for Sec. 3(4) Intimation of details of stock for composition levy in FORM GST CMP-03 Extended to 31 October 2017

Order No. 04/2017-GST dated 29 September 2017

8092

IGST on Supply of Services Associated with Transit Cargo to Nepal and Bhutan Exempted

31-IGST/29.09.2017

8093

LUT Facility to All Exporters

·     Supply to SEZ also covered

37 /2017 – Central Tax Dated 4th October, 2017

8094

Amendments to CGST Rules, 2017

·     TRANS 1 Last Date Extended to 31 Oct

·     Cancellation of Registration Form

36/2017 – Central Tax dated 29 September 2017

8095

Brand Name in GST

GST Circular No. 02/2017 dated 29th September, 2017

8096

Vendors List for E-seals to Exporters for Container Movement

CBEC Instruction dated 29.09.2017

8097

10,000 MTs Sugar Export to EU under CXL Quota for Oct 2017 to Sept 2018 Notified

28-PN/29.09.2017

8098

Guar Gum Exports to EU – Export Inspection Agency (EIA) Lab, Chennai Allowed Testing of Penta Chlorophenol (PCP) in Addition to Vimta Labs

31-Ntfn/29.09.2017

8099

Meeting on Antibiotics in Aquaculture

ABS News Service/05.10.2017

8100

Review Proposals Must be sent to CBEC 21 days before Last Date of Expiry

CBEC Instruction dated 29.09.2017

8101

LUT Facility to All Exporters – CBEC Clarification

·     Bond/Letter of Undertaking for Exports

CBEC Circular No. 8/8/2017-GST dated 4 October, 2017

8102

Health Certificate from Spices Board Must for Spices Export to EU

·     Spices Board to Issue Certificate within 48 to 72 Hours

32-Ntfn/04.10.2017

8103

Para Nitroaniline from China to Continue for Five More Years

·     Suzhou Luosen (Producer), Wujiang City Yilin (Exporter) and HejianYing zhou in Special Category after Review

46-ADD/04.10.2017

8104

Rupee Falls 55 paise against Dollar to Rs. 65.95 w.e.f 6 October 2017

94-Cus(NT)/05.10.2017

8105

Tariff Value on Gold and Silver, Palm Oil and Palmolein, Crude Soyabean Oil, Brass Scrap

93-Cus(NT)/29.09.2017

 

GST Council 22nd Meeting Decisions on 6th October 2017

 

8106

IGST Rates Cut on Certain Goods

GST Council Meeting/06.10.2017

8107

Relief to Small Units

GST Council Meeting/06.10.2017

8108

GST Package for Small Units

GST Council Meeting/06.10.2017

8109

GST Export Package

GST Council Meeting/06.10.2017

8110

Melamine from EU, Iran, Indonesia and Japan – Anti-dumping Duty Extended till 7 Oct 2018 in Review

47-ADD/06.10.2017

8111

Backward and Hills Area Incentives in GST

Notification dated 5 October 2017

8112

Dept. of Revenue Launches Survey on GSTR 3B Defaulters

Revenue Secretary Letter dated 03.10.2017

8113

Exporters Advised to File July GSTR-1 to Match with Shipping Bill to Get GST Refund from 10 Oct 2017

·     Bank Detail in Customs Drawback Must Match with GST Registration

·     Aug GST Refund to Wait for GSTN Opening

Instruction No.15/2017-Customs dated 9 October 2017

8114

Export Refunds on Manual Mode from 10 Oct-14 Oct, Thereafter on Electronic Mode thru PFMS Portal

CBEC Instruction No. 16/2017-Customs dated 9 October 2017

8115

Final Last Date for July GSTR-1 is 10 Oct’2017

·     No Extension of Last Date for Filing GSTR-1 for July, 2017

Press Release dated 09-October-2017

8116

Special Area Units to Get Rs. 27413 crs CGST Subsidy till 2027 from DIPP

ABS News Service/10.10.2017

8117

TMT Bars and Rods from China – Anti-dumping Duty Hiked in Final Findings

·     Minmetals Specially Targetted

48-ADD/09.10.2017

8118

Capital Goods under EPCG Allowed Re-export – Repairs Value and Duty to be Adjusted in Licence and Connected Export Obligation

29-PN/09.10.2017

8119

Jurisdictional Chief Commissioner can Write Off “Irrecoverable” Customs-Excise Duty till Rs. 15 lakhs, Officer from Board Removed from Committee to Speed up Decisions

1059-CBEC/03.10.2017

8120

Standing Counsel List in High Courts

CBEC Order F.No. 278A/33/2016-Legal dated 05.10.2017

8121

GST Councils Decision on Petroleum and Oil Sector

Press Release on Petroleum & Oil Sector dated 11 October 2017

8122

Suresh Prabhu for Agri Food Security at Buenos Aires WTO Ministerial

PIB (MoC&I) Press Release dated 11 Oct 2017

 

Notifications of GST Council Meeting on 6 Oct 2017

 

8123

Seeks to amend the CGST Rules, 2017

·     Sub-rule (3A)

·     Rule 46A. Invoice-cum-bill of supply

·     Rule 54

·     Rule 62

·     FORM GST CMP-02

·     FORM GSTR-1

·     FORM GSTR-1A

·     FORM GSTR-4

45/2017-Central Tax dated  13-10-2017

8124

Seeks to extend the time limit for submission of FORM GST ITC-01

44/2017-Central Tax dated  13-10-2017

8125

Seeks to extend the time limit for filing of FORM GSTR-6

43/2017-Central Tax dated  13-10-2017

8126

Seeks to extend the time limit for filing of FORM GSTR-5A

42/2017-Central Tax dated  13-10-2017

8127

Seeks to extend the time limit for filing of FORM GSTR-4

41/2017-Central Tax dated  13-10-2017

8128

Seeks to make payment of tax on issuance of invoice by registered persons having aggregate turnover less than Rs 1.5 crores

40/2017-Central Tax dated  13-10-2017

8129

Seeks to cross-empower State Tax officers for processing and grant of refund

39/2017-Central Tax dated  13-10-2017

8130

Seeks to amend notification no. 32/2017-CT dated 15.09.2017 so as to add certain items to the list of “handicrafts goods

38/2017-Central Tax dated  13-10-2017

8131

Seeks to amend notification no. 8/2017-IT dated 14.09.2017 so as to add certain items to the list of “handicrafts goods

09/2017-Integrated Tax dated  13-10-2017

8132

Seeks to exempt payment of tax under section 9(4) of the CGST Act, 2017 till 31.03.2017

38/2017-Central Tax (Rate)  dated 13-10-2017

8133

Seeks to exempt payment of tax under section 7(4) of the UTGST Act, 2017 till 31.03.2017.

38/2017-Union Territory tax(rate), dt. 13-10-2017

8134

Seeks to cross-empower State Tax officers for processing and grant of refund

11/2017-Integrated Tax dated  13-10-2017

8135

Seeks to exempt persons making inter-State supplies of taxable services from registration under section 23(2)

10/2017-Integrated Tax dated  13-10-2017

8136

Seeks to exempt payment of tax under section 5(4) of the IGST Act, 2017 till 31.03.2017.

32/2017-Integrated Tax (Rate)  dated  13-10-2017

8137

Motor vehicles purchase and lease Issue

Press Release  dated 12 October 2017

8138

Ports and ICDs Where E-seal Readers are to be Provided by the Vendors

CBEC Website

8139

Seek to amend various Customs exemption notifications to exempt Integrated Tax/Cess on import of goods under AA/EPCG. Schemes

Integrated Tax and Compensation Cess Exempted upto 31 March 2018 on Import of Goods under Advance Authorisation and EPCG

79/2017-Cus, dated  13-10-2017

8140

Seeks to exempt goods imported by EOUs from Integrated Tax and Compensation Cess

78/2017-Cus, dated  13-10-2017

8141

Customs seeks to amend notification No. 50/2017-Customs to prescribe BCD and IGST rates on certain goods

36 Banks and 5 PSUs Allowed to Import Gold at Zero IGST

Gifts upto Rs. 5000 Free of Duty by Post or Air

77/2017-Cus, dated  13-10-2017

8142

Online Clearance of NTBs – Pilot Implementation of Paperless Processing under SWIFT

40-CBEC/2017/13-10-2017

8143

To remove difficulties in implementing provisions of composition scheme

Order-01/2017-Central Tax 13-10-2017

8144

Clarification on supply of Satellite Launch Services by ANTRIX Corporation Ltd

2/1/2017-IGST dated 27 September 2017

8145

Rebound in Manufacturing and Redressal of GST Challenges will further Boost India’s Exports, Job Creation and Growth, FIEO President

FIEO Press Release dated 13.10.2017

8146

Seeks to prescribe Integrated Tax rate on the leasing of motor vehicles.

38/2017-Integrated Tax (Rate), dated 13-10-2017

8147

Seeks to amend notification No. 10/2017-IT(R) regarding services provided by Overseeing Committee members to RBI under RCM.

34/2017-Integrated Tax (Rate), dated 13-10-2017

8148

Seeks to amend notification No. 1/2017-Integrated Tax (Rate).

35/2017-Integrated Tax (Rate), dated  13-10-2017

8149

Seeks to amend notification No. 2/2017-Integrated Tax (Rate).

36/2017-Integrated Tax (Rate), dated  13-10-2017

8150

Seeks to amend notification No. 4/2017-Integrated Tax (Rate).

37/2017-Integrated Tax (Rate), dated  13-10-2017

8151

Seeks to amend notification No. 8/2017-Integrated Tax (Rate).

39/2017-Integrated Tax (Rate), dated  13-10-2017

8152

Seeks to amend notification No. 9/2017-IT(R) .

33/2017-Integrated Tax (Rate), dated  13-10-2017

8153

Tariff Value of Palm Oil, Palmolein, Brass Scrap, Gold and Silver, Areca nuts, Poppy Seeds

Notification 95-Cus(NT)/13.10.2017

8154

Leasing Vehicles Purchased before 1 July to Attract 65% of the Rate of Compensation Cess - I

Ntfn 06-CompCess/13.10.2017

8155

Leasing Vehicles Purchased before 1 July to Attract 65% of the Rate of Compensation Cess - II

Ntfn 07-CompCess/13.10.2017

8156

IGST Exemptions in Export Production

·     Advance Authorisation

·     EPCG

·     EOU/EHTP/STP/BTP

33-Ntfn/13.10.2017

8157

Seeks to prescribe Central Tax rate on the leasing of motor vehicles.

37/2017-Central Tax (Rate), dated 13-10-2017

8158

Seeks to prescribe Union Territory Tax rate on the leasing of motor vehicles.

37/2017-Union Territory tax (rate), dated 13-10-2017

8159

The notification No. 34/2017-Central Tax (Rate) seeks to amend notification No. 1/2017-Central Tax (Rate).

34/2017-Central Tax (Rate), dated 13-10-2017

8160

Seeks to amend notification No. 2/2017-Central Tax (Rate).

35/2017-Central Tax (Rate), dated 13-10-2017

8161

Seeks to amend notification No. 4/2017-Central Tax (Rate).

36/2017-Central Tax (Rate), dated 13-10-2017

8162

Seeks to amend notification No. 13/2017-CT(R) regarding services provided by Overseeing Committee members to RBI under RCM.

33/2017-Central Tax (Rate), dated 13-10-2017

8163

Seeks to amend notification No. 13/2017-UTT(R) regarding services provided by Overseeing Committee members to RBI under RCM.

33/2017-Union Territory tax(rate), dated 13-10-2017

8164

Seeks to amend notification No. 12/2017-CT(R)

32/2017-Central Tax (Rate), dated 13-10-2017

8165

Seeks to amend notification No. 11/2017-CT(R)

31/2017-Central Tax (Rate), dated 13-10-2017

8166

Seeks to amend notification No. 2/2017-Union Territory Tax.

16/2017-Union Territory Tax, dated  13-10-2017

8167

Seeks to exempt payment of tax under section 7(4) of the UTGST Act, 2017 till 31.03.2018.

38/2017-Union Territory tax(rate), dated  13-10-2017

8168

Seeks to amend notification No. 4/2017- Union Territory Tax (Rate).

36/2017-Union Territory tax(rate), dated  13-10-2017

8169

Seeks to amend notification No. 2/2017- Union Territory Tax (Rate).

35/2017-Union Territory tax(rate), dated  13-10-2017

8170

Seeks to amend notification No. 1/2017- Union Territory Tax (Rate).

34/2017-Union Territory tax(rate), dated  13-10-2017

8171

Seeks to amend notification No. 12/2017-UTT(R).

32/2017-Union Territory tax(rate), dated  13-10-2017

8172

Seeks to amend notification No. 11/2017-UTT(R).

31/2017-Union Territory tax(rate), dated  13-10-2017

8173

Refund – Deemed Export Supplies

·     Rule 89(1) – in third Proviso Clause (b) Inserted

·     Rule 96A(1) – in Clause (a) the words “or such further period as may be allowed by the commissioner” inserted

·     In Form GST RFD – 01

·     In Statement 2 – Exports of Services with Payment Tax Separate Column for Cess Included

·     In Statement 4 – Endorsed Invoice by SEZ and Cess added in the Columns

47-CT/18.10.2017

8174

Deemed Exports – List of Supplies Notified

·     AA, EPCG, EOUs, Supply of Gold by PSU Banks

48-CT/18.10.2017

8175

Mandatory Standard of Membrane Cell Produced Caustic Soda for Imports Soon

·     Alkali Manufacturers concerned about Consumer Health and Environment!

PIB Press Release dated 17.10.2017

8176

Pending Appeals Cases will be Redistributed to Jurisdiction Commissioners to Speed up Disposal

·     Commissioner Appeals to Decide at least Half the Pending Cases

·     All Cases to be cleared before 31 March 2018

·     No Mechanical Disposal Allowed, Speaking Orders should be Issued

·     Orders to be Examined by Review Committee

Circular 208/6/ 2017-Service Tax dated 17 October 2017

 

Notification No 26/20 17-Central Excise (NT) dated 17 October 2017

8177

Marginal Cut for Anti-dumping Duty on Colour Coated Steel from China and EU – Final Findings

·     No ADD in Dead Period of 10 July – 16 Oct 2017

49-ADD/17.10.2017

8178

CBEC to Redistribute Cases in Jurisdictions to Reduce Pendency of Cases with Commissioners (Appeal)

CBEC Website

8179

Export Credit of $1bn to Mongolia for Development of Railways and Infrastructure Projects

10-RBI/12.10.2017

8180

Export Credit of $318mn to Sri Lanka for Rolling Stock and Upgrading Railway Track

09-RBI/12.10.2017

8181

Revised Guidelines for NRs to Hedge in INR Exposures in India

08-RBI/12.10.2017

8182

Gold Import for Trading by 4, 5 Star Export Houses Banned thru Nominated Agencies Window

34-Ntfn/18.10.2017

8183

C – Form Procedure on Diesel to Continue for Mining

Clarification File No. CT/16868/2017-C1 Dated. 19th October, 2017 – Kerala VAT Dept.

8184

IGST Refund in Exports

ABS News Service/23.10.2017

8185

Rupee Gains 10 paise against Dollar to Rs. 65.85 w.e.f. 19 Oct 2017

96-Cus(NT)/18.10.2017

8186

GST Commissioner Clarifies Challan based Supply or Supply without Invoice not under GST

Circular No. 10/10/2017-GST dated 18 October 2017

8187

Jurisdiction AC to Approve GST Practitioner

Circular No 9/9/2017- GST dated 18 October 2017

8188

Evidences to be Produced by the Supplier of Deemed Export Supplies for Claiming Refund Required

Notification No. 49/2017-Central Tax dated 18 October 2017

8189

5% IGST on Free Distribution of Food Preparations put up in Containers

Notification No. 40/2017-Integrated Tax (Rate) dated 18 October 2017

8190

Soda Ash from China, EU, USA and Others – Anti-dumping Duty to Continue Till the Final Decision of the HC Gujarat

50-ADD/18.10.2017

8191

Anti-dumping Duty on Soda Ash from Russia and Turkey to Continue Till HC Gujarat Final Decision

51-ADD/18.10.2017

8192

Clubbing of Advance Authorisation Facility Liberalised

·     EO Period and its Extension

·     Regularization of Bonafide Default

Amendments in Chapter-4 of Hand Book of Procedures 2015-2020, related to clubbing of Advance Authorisations, extension of Export Obligation period and regularization of bonafide default in the cases where Authorisations were issued for import of drugs from unregistered sources with pre import condition.

Public Notice No. 32/2015-2020 dated 18.10.2017

8193

Taxability of Printing Contracts - Clarification

Circular No. 11/11/2017-GST dated 20 October 2017

8194

Mandatory Requirement of Sanitary Permits to be followed by the Exporters and Importers Countries Strictly Adhered

Trade Notice No. 18/2018 Dated 23 October, 2017

8195

Power of Regional Authorities of DGFT to Issue Nominated Agency Certificates for Import of Precious Metal Withdrawn – Para 4.94(a) Deleted

Public Notice No. 31/2015-2020 dated 18 October 2017

8196

Krishnapatnam (AP) Seaport Notified for Import of New Vehicles

Notification No. 36/2015-2020 dated 20 October 2017

8197

Validity Period of Duty Credit Scrips Issued under Chapter 3 Raised to 24 months from 18 months for Scrips issued w.e.f. 01 Jan 2016

Public Notice No. 33 dated 23 October 2017

8198

Imports and Exports from Democratic People’s Rep Korea Tightened

Notification 35/2015-2020 dated 18 October 2017

8199

Supplies to Merchant Exporters Exempt from IGST – Only token 0.1% to Paid Subject to Refund after Exports

·     90 Day’s Time Specified for Export

·     Supplier must be Registered

·     Supplies to Registered Warehouse Recognised for Aggregation

·     IGST and CGST Notification Issued

41-IGST/23.10.2017

8200

Waiver of Late Fee on Filing of GSTR-3B for August and September, 2017

50-CT/24.10.2017

8201

Sept GST Revenue Collection Figures Stand at Rs.92,150 crore (as on 23rd October, 2017)

Press Release/24.10.2017

8202

EPCH Hails GST Notification to Ease Procedure for Merchant Exporters

ABS News Service/25.10.2017

8203

Onetime relaxation for EO Extension and Clubbing of Advance Authorizations under 2002-2007 and 2004-2009 FTP Permitted Subject to Composition

·     Last Date for Submission of Application is 31.3.2018

34-PN/24.10.2017

8204

Qatari Riyal Exchange Rate for Customs Valuation w.e.f. 25 Oct’ 2017

97-Cus(NT)/24.10.2017

8205

Grades AISI 420 high carbon under Indian Patent No. 223848 and Grades YU 1 and YU 4, produced and supplied by Yieh United Steel Corp (Yusco) of Taiwan Excluded from Anti-dumping Duty on Stainless Steel Flats >1250 mm from China, Korea, EU, South Africa and Others

·     No Change in the Anti-Dumping Duty, Measure Valid till 20 Dec 2020

52-ADD/24.10.2017

8206

Delay in Submission of Installation Certificate from Chartered Engineer in EPCG Cases to be Condoned

37-PN/25.10.2017

8207

Delay in Application of EO Extension in EPCG Cases to be Condoned

36-PN/25.10.2017

8208

Lanolin Export to EU subject to Health Certificate from CAPEXIL and Dept. of Animal Husbandary

37-Ntfn/25.10.2017

8209

Block-wise Export Obligation in EPCG for 2004-2013 Period Relaxed

35-PN/25.10.2017

8210

CBEC Clarifies that the GST Payable on the Value of Net Quantity of SKO Retained for the Manufacture of LAB by the Refinery

12-GST Circular/26.10.2017

8211

Contract Registration Date for Moong/Urad Dal Import in Prior Payment Cases Extended to 31 Oct 2017

19-TN/25.10.2017

8212

Waiver of Late Fee on Filing of GSTR-3B for August and September 2017

CBEC Press Release dated 24th October 2017`

8213

WTO Moratorium on Patent Cases to be Extended by Two Years

ABS News Service/27.10.2017

8214

Schedule Rate of Basic Customs Duty on Textiles Increased by 15% (Chapter 50 to 63)

Customs Notification No. 80 dated 27 October 2017

8215

Basic Duty Exemption on Textiles (Chapter 50 to 63)

Customs Notification No. 82 dated 27 October 2017

8216

Customs Duty Increased by 10% on Textile Fabrics

Customs Notification No. 81 dated 27 October 2017

8217

CBEC Clarifies Cut Pieces of Fabrics Falls under Chapters 50 to 55 and Attract 5% GST without ITC

GST Circular No. 13 dated 27th October 2017

8218

IGST Exempted on Supply of Service to Nepal or Bhutan against Payment in INR

Notification No. 42-Integrated Tax (Rate) dated 27 October 2017

8219

South African Rand Exchange Rate for Customs Valuation w.e.f. 28 October 2017

Customs Notification No. 98 (Non Tariff) dated 27 October 2017

8220

J&K Cabinet decides to reimburse 42% of Budgetary Support Scheme of Centre

ABS News Service/28.10.2017

8221

CGST Rules, 2017 Rehauled

·     Window Open for Cancellation of Registration of Migrated Taxpayer and Extension of Date till 31 Dec 2017

·     Extension of Due Date to File Form ITC-04 for July – Sept 2017 Quarter till 30 Nov 2017

·     Insertion of provisos in Rule 96(2) and 96A(2)

51-CT/28.10.2017

8222

Time Limit for Filing Form GST ITC-01 for the Month of July, Aug, Sept Extended to 30 Nov 2017

52-CT/28.10.2017

8223

Time Limit for Declaration in Form GST ITC-04 for the Quarter July to Sept Extended till 30 Nov 2017

53-CT/28.10.2017

8224

Last Date for Submission of TRAN-1 Form Extended to 30 Nov 2017

GST Order No. 07 dated 28 October 2017

8225

Time Limit for Submitting Form GST TRAN-1 to Claim Credit for Pre GST Duty Paid Extended till 30 Nov 2017

GST Order No. 08 dated 28 October 2017

8226

Time Limit for Sec 3(4) Intimation of Details of Stock for Composition Levy in Form GST CMP-03 Extended to 30 Nov 2017

GST Order No. 05 dated 28 October 2017

8227

Time Limit for Filing Form GST REG-26 Extended to 31 Dec 2017

GST Order No. 06 dated 28 October 2017

8228

Kapashera Air Freight Station Notified for Loading and Unloading of Goods

100-Cus(NT)/27.10.2017

8229

Self-Sealing System for Export Containers Streamlined

·     Installation of Fixed Readers at Mangalore and Cochin will be Completed by 31 Oct 2017

·     Circulars on Self-Sealing will apply only to Cargo in Full Container Load, Sealed at Approved Premise by Entitled Exporter.

·     No Need for Examination of Such Containers Once the RFID e-seal is Read as Intact or Not Tempered

·     FCL Containers Arriving at ICDs without RFID e-seals will be treated Subject to Usual Risk Management Parameters

·     Non-containerized Cargo or Air Cargo or for Movement of Cargo from CFSs to ICDs / Ports of Cargo Exported through LCS not covered in RFID

·     All Vendors will provide an Application on Desktop Computer so that e-sealing Data to the Destination Customs Port/ICD is Searchable

·     Exporter cannot Edit or Delete the Data after Submission

·     Web Application will capture the Location where the RFID e-seal is Read.

·     List of Stations where Readers are provided by Vendors issued

41-CBEC/30.10.2017

8230

July Month Time Limit for Filing GSTR-2 Extended to 30.11.2017, GSTR-3 to 11.12.2017

54-CT/30.10.2017

8231

India’s Rank Rises to 100 in World Bank’s Doing Business Report, 2018

PIB (MoC&I) Press Release dated 31 October 2017

8232

CBDT Extends Due Date for Filing Income Tax Returns and Tax Audit Reports

PIB (MoF) Press Release dated 31 October 2017

8233

Dealers Registered under DVAT Act to Submit Details Online of Closing Stock Held on 31-03-17 & 30-06-17 before 15 Nov 2017

Delhi VAT Department Notification No. F. 2 (12)/Policy/2017/987-95 dated 27 October 2017

8234

Zero Basic Duty for 25 More Medicines for Supply under Patient Assistance Programmes

Ntfn 83/31.10.2017

8235

Tariff Value on Gold and Silver, Palm Oil and Palmolein, Crude Soyabean Oil, Brass Scrap

101-Cus(NT)/31.10.2017

8236

Anti-dumping Duty on Sodium Chlorate from China, Canada and EU on Complaint of Gujarat Alkalies and Teamec Chlorates

53-ADD/02.11.2017

8237

Rupee Gains 45 paise against Dollar to Reach Rs. 65.40 w.e.f. 3 Nov 2017

103-Cus(NT)/02.11.2017

8238

All 4 wheel Motor Vehicles sold after 1st December 2017 to be fitted with FASTags

PIB (Ministry of Road Transport & Highways) Press Release dated 2 November 2017

8239

Cabinet Approves Trade Agreement between India and Ethiopia for Strengthening and Promoting Trade and Economic Cooperation

PIB (Cabinet) Press Release 1 November 2017

8240

Cabinet Approves Signing an Agreement between India and Armenia on Cooperation and Mutual Assistance in Customs Matters

PIB (Cabinet) Press Release dated 1 November 2017

8241

Cabinet Approves Special Banking Arrangement (SBA) for Payment of Outstanding Subsidy to Fertilizer Companies during 2016-17

PIB (CCEA) Press Release dated 1 November 2017

8242

Cabinet Approves Revised Price of Ethanol under EBP for the Public Sector Oil Marketing Companies

PIB (CCEA) Press Release dated 1 November 2017

8243

Shri Nitin Gadkari Digitally Flags off a Consignment of Steel Cargo from Vizag Port through Coastal Shipping Route

·     Says New Era in Transport will Encourage Industrial Growth in the Country

·     The Share of Water Based Transport in Modal Mix to Double by 2025 under Sagarmala

PIB (MoS) Press Release dated 1 November 2017

8244

FIEO Opens New Opportunities in LAC and Carribean Countries

FIEO Press Release dated 2 November 2017

8245

IGST Refund on Exports – CBEC Clarifications

·     Incorrect Shipping Bill Detail can be Corrected in Table 9A of August GSTR-1

·     IGST Value Mismatch in GSTR-1 and Shipping Bill

·     Only Gateway Shipping Bill must in EGM Filing

·     Bank Account Number Difference

·     Table 6A in GSTT-1 for Zero Rated Supplies

·     Shipping Bill to Contain Registered Supplier Detail

·     Each Item in Shipping Bill to have Full Detail of Supplier

·     Registered Warehouse same as Principal Place of Business

42-CBEC/07.11.2017

8246

Copier Paper from Thailand, Indonesia, Singapore under Anti-dumping Probe

·     Normal Value Constructed to Arrive at Dumping Margin

Anti-dumping Initiation Notification FNo.6/32/2017-DGAD dated 02.11.2017

8247

GSTR-2 Last Date 30 Nov

·     GSTR 2A for July Return from 11 Oct

·     Form 1A for Supplier July Return from 1 Dec – 6 Dec

15-GST Circular dated 06.11.2017

8248

Deemed Exports to EOU for Refund of IGST – Form A and Form B Procedures Notified

14-GST Circular dated 06.11.2017

8249

Qatari Riyal Exchange Rate Revised for Customs Valuation w.e.f. 8 Nov 2017

105-Cus(NT)/07.11.2017

8250

Fisheries Subsidies Proposals from BA Ministerial

ABS News Service/08.11.2017

8251

EU Clampdown Pesticide Residues under Debate at WTO

ABS News Service/08.11.2017

8252

Corporate Affairs Moves to Nab “Black Money”

PIB (MCA) Press Release dated 5th November 2017

8253

Basic Customs Duty on Peas (Matar Dal) Raised to 50% from Nil and for Wheat 20% from 10%

Ntfn 84/08.11.2017

8254

Qatari Riyal Exchange Rate Revised again for Customs Valuation w.e.f. 9 Nov 2017

106-Cus(NT)/08.11.2017

8255

Tax Rate Cut on over 170 Items, Only 50 Items Said to Remain in 28 percent Slab

ABS News Service/10.11.2017

8256

DG Azevêdo: Singapore’s Support is Essential to Strengthen Trading System

ABS News Service/10.11.2017

8257

DG Azevêdo Calls for APEC’s Support for a Successful MC11

ABS News Service/10.11.2017

8258

TFA at WTO Picks up Momentum

ABS News Service/10.11.2017

8259

Recommendations Made by the GST Council as per Discussions in its 23rd Meeting on 10th November, 2017 Held at Guwahati

Ø GST Rates Cut

·     28% to 18%

·     28% to 12%

·     18% to 12%

·     18% to 5%

·     12% to 5%

·     5% to Nil

Ø Exemption from IGST/GST in certain Specified Cases

Ø Other Changes for Simplification and Harmonisation or Clarification of Issues

Ø Exemptions / Changes in GST Rates / ITC Eligibility Criteria

Ø Rationalization of Certain Exemption Entries

Ø Clarifications

CBEC Press Release/ 10.11.2017

8260

List of Goods on Which GST Rate Recommended for Reduction

ABS News Service/ 10.11.2017

8261

Only Form GSTR-3B by 20th of the Succeeding Month till March 2018

Ø No More GSTR-2 and GSTR-3 for the Time being

Ø Taxpayers Divided into Two Categories with Annual Aggregate Turnover -

·     Less than Rs. 1.5 crs to File GSTR-1 on Quarterly Basis

·     More than Rs. 1.5 crs to File GSTR-1 on Monthly Basis

Ø Filing of GSTR-1 will continue without requiring filing of GSTR-2 and GSTR-3 for the Previous Month/Period

Ø Late Fee Paid for Filing GSTR-3B for the Month of July, Aug and Sept will be Re-credited to their Electronic Cash Ledger under “Tax” Head Instead of “Fee”

Ø Late Fee Reduced to Rs. 20/day from Rs. 200/day for Taxpayers whose Tax Liability for October 2017 onwards was “Nil”

Ø Manual Filing of Application for Advance Ruling Introduced for the time being

CBEC Press Release/ 10.11.2017

8262

Changes in Composition Scheme

CBEC Press Release/ 10.11.2017

8263

Revalidation of Import Licence for Delays in Customs upto 6 Months Allowed

38-PN/09.11.2017

8264

MIDC Allowed to Issue Non Preferential Origin Certificate

39-PN/09.11.2017

8265

RBI Issues “Simplified Hedging Facility” Guidelines

11-RBI/09.11.2017

8266

Qatari Riyal Exchange Rate Revised for Customs Valuation w.e.f. 10 Nov 2017

107-Cus(NT)/09.11.2017

8267

Procedure for Appeal at Higher Fora after Department Loses in Two Previous Stages – Zonal Chief Commissiioner to “Merit” Certificate and Reasons, in not more than 20 Sentences

CBEC Instruction dated 9 November2017 - F. No. 390/Misc/69/2017-JC

8268

Chartered Engineer can Act only in the Domain of their Competence for Issuance of Nexus and Wastage Certification for Issue of EPCG Licence

·     Chemical Engineer cannot issue Certificate for Power Plant!

40-PN/13.11.2017

8269

UIN Code to Substitute GSTIN in UN and Diplomatic Cases

CBEC Press Release dated 13 November 2017

8270

Qatari Riyal Exchange Rate Revised for Customs Valuation w.e.f. 15 Nov 2017

108-Cus(NT)/14.11.2017

 

IGST NOTIFICATIONS

 

8271

IGST Rates Revised w.e.f. 15 Nov 2017

·     Goods under 5%

·     Goods under 12%

·     Goods under 18%

·     Goods under 28%

Notification No. 43-Integrated Tax (Rate) dated 14 November 2017

8272

IGST Notification on Goods at Zero Rate Revised

Notification No. 44-Integrated Tax (Rate) dated 14 November 2017

8273

Raw Cotton Supply under Reverse Charge

Notification No. 45-Integrated Tax (Rate) dated 14 November 2017

8274

No Refund of ITC for Net Fabrics and Narrow Woven Fabrics Supply - IGST

Notification No. 46-Integrated Tax (Rate) dated 14 November 2017

8275

Supply of R&D Goods Exempted

Notification No. 47-Integrated Tax (Rate) dated 14 November 2017

8276

IGST on Restaurants at 5%

Notification No. 48-Integrated Tax (Rate) dated 14 November 2017

8277

Supply by FPS under PDS

Notification No. 49-Integrated Tax (Rate) dated 14 November 2017

8278

Supply of SMP and Concentrated Milk to Companies also Exempted

Notification No. 50-Integrated Tax (Rate) dated 14 November 2017

 

CGST NOTIFICATIONS

 

8279

CGST Rates Revised w.e.f. 15 Nov 2017

Notification No. 41-Central Tax (Rate) dated 14 November 2017

8280

CGST Notification on Goods at Zero Rate Revised

Notification No. 42-Central Tax (Rate) dated 14 November 2017

8281

Raw Cotton Supply under Reverse Charge

Notification No. 43-Central Tax (Rate) dated 14 November 2017

8282

No Refund of ITC for Net Fabrics and Narrow Woven Fabrics Supply - CGST

Notification No. 44-Central Tax (Rate) dated 14 November 2017

8283

Supply of R&D Goods Exempted

Notification No. 45-Central Tax (Rate) dated 14 November 2017

8284

CGST on Restaurants at 2.5%

Notification No. 46-Central Tax (Rate) dated 14 November 2017

8285

Supply by FPS under PDS

Notification No. 47-Central Tax (Rate) dated 14 November 2017

 

SGST NOTIFICATIONS

 

8286

SGST Rates Revised w.e.f. 15 Nov 2017

Notification No. 41-Union Territory Tax (Rate) dated 14 November 2017

8287

CGST Notification on Goods at Zero Rate Revised

Notification No. 42- Union Territory Tax (Rate) dated 14 November 2017

8288

Raw Cotton Supply under Reverse Charge

Notification No. 43- Union Territory Tax (Rate) dated 14 November 2017

8289

No Refund of ITC for Net Fabrics and Narrow Woven Fabrics Supply - SGST

Notification No. 44- Union Territory Tax (Rate) dated 14 November 2017

8290

Supply of R&D Goods Exempted

Notification No. 45- Union Territory Tax (Rate) dated 14 November 2017

8291

SGST on Restaurants at 2.5%

Notification No. 46- Union Territory Tax (Rate) dated 14 November 2017

8292

Supply by FPS under PDS

Notification No. 47- Union Territory Tax (Rate) dated 14 November 2017

8293

Manual Filing for Refund of GST on Exports

Manual filing and processing of refund claims in respect of zero-rated supplies.

Circular No.17/2017-GST (F. No. 349/169/2017-GST) dated 15 November 2017

8294

Manual Filing and Processing – CGST Rules 12th Amendments

Notification No. 55/2017 – Central Tax dated 15 November 2017

8295

Apportionment of IGST with Respect to Advertisement Services under Section 12 (14) of the IGST Act, 2017

·     Integrated Goods and Services Tax Amendment Rules, 2017

Notification No. 12/2017-Integrated Tax dated 15 November 2017

8296

Suppliers of Services through an E-commerce Platform from Obtaining Compulsory Registration Exempted for whose Annual Aggregate Turnover is less than Rs. 20 lakhs (Rs. 10 lakhs in Special Category States Except J & K)

Notification No. 65/2017-Central Tax dated 15.11.2017

8297

Exempt all Taxpayers from Payment of Tax on Advances Received in Case of Supply of Goods

Notification No. 66/2017-Central Tax dated 15.11.2017

8298

Extension of Return Filing Dates

Notification No. 56 to 64/2017-Central Tax dated 15.11.2017

8299

Zero Duty for Lifesaving Drugs for Personal Use, Supplied Free of Cost by Overseas Supplier

85/14.11.2017

8300

IGST Exemption on Sports Goods Imported by Eminent Sports Person

86/14.11.2017

8301

Clarification on Refund of Unutilized Input Tax Credit of GST Paid on Inputs in respect of Exporters of Fabrics

Circular No. 18/18 /2017-GST dated 16 November 2017

8302

Applicability of GST and Availability of ITC in Certain Services – Clarifications

Circular No. 16/16/2017-GST dated 15 November 2017

8303

Raw Sugar Import under TRQ at 25% Duty

Trade Notice No. 20/2015-2020 dated 15 November 2017

8304

Six New Pre-shipment Inspection Agencies (PSIA) Notified

Public Notice No. 41/2015-2020 dated 16 November 2017

8305

Samples Testing Laboratories Notified

Circular No. 43 /2017-Customs dated 16 November 2017

8306

Tariff Value on Gold and Silver, Palm Oil and Palmolein, Crude Soyabean Oil, Brass Scrap

109/2017-CUSTOMS (N.T.) dated 15 November 2017

8307

Rupee Falls 80 paise against Dollar to Rs. 66.20 w.e.f. 17 Nov 2017

110/2017-CUSTOMS (N.T.) dated 16 November 2017

8308

Dept of Revenue Invites Suggestions from Industry and Trade for General Budget 2018-19

F.No. 334/4/2017-TRU dated 16 November 2017

8309

Goods Council Discusses US Proposal to Enhance Transparency

ABS News Service/17.11.2017

8310

WTO Members Start Review of Technical Barriers to Trade Agreement

ABS News Service/17.11.2017

8311

Crude and Refined Oil Duty Raised by 12.5% to 15%

·     Crude Palm Oil Duty Raised to 30% from 15%

·     Refined Palm Oil to 40% from 25%

·     Soyabean Oil to 30% from 17.5%; Soyabean Edible grade to 35% from 20%

·     Sunflower seed oil (Crude) to 25% from 12.5% and (Edible grade) to 35% from 20%

·     Mustard, Rapeseed and Colza oil (Cude) to 25% from 12.5% and (Edible grade) to 35% from 20%

Notification No. 87/2017-Customs dated 17 November 2017

8312

Schedule Rate of Basic Customs Duty on Soya beans Raised by 15% (45% from 30%)

Notification No. 88/2017-Customs dated 17 November 2017

8313

Rubber Chemicals PX13 (from EU) and MOR (from China) – Anti-dumping Duty Slashed in Review

Notification No. 54/2017-Customs (ADD) dated 17 November 2017

8314

CBEC Chairman Writes to All FMCG Companies Asking for Price Cut on GST Slash

CBEC Press Release dated 20 November 2017

8315

Custom Milling of Paddy is not Intermediate Processing of Agri Procedure

Circular No. 19/19/2017-GST dated 20 November 2017

8316

Dumpers for Coal Mines are Project Goods

CBEC Instruction No.  17/2017- Customs dated 20 November 2017

8317

Import of 85K MT Pigeon Peas (Chana) from Mozambique under MoU Allowed in 2017-18

DGFT Trade Notice No. 21/2915-2020 dated 17 November 2017

8318

Electronic Sealing of Containers Suspended for One Month till 15 December 2017 at 15 Ports

·     All Ports from 1 Jan 2018

44-CBEC/18.11.2017

8319

T-61 – 5th TBM for Mumbai Metro’s Line-3 Arrives at Mumbai Port

ABS News Service/21.11.2017

8320

LoC for $500mn to Mauritius Releases

12-RBI/16.11.2017

8321

LoC of $81mn to Rwanda Released

13-RBI/16.11.2017

8322

All Pulses Freed from Export Licensing

·     Pre-registration with DGFT Must for Export thru Land Customs

Notification No. 38 /2015-2020 dated 22 November 2017

8323

Rigs, Tools, Spares, Cranes (except for further supply)to be Treated as “Non Supply” of Goods or Service and No IGST will Apply (Sec.25(4) of CGST Act)

Circular No. 21/21/2017-GST dated 22 November 2017

8324

Terracotta Idols covered under Clay Idols (135A of 02/2017 Exemption)

Circular No. 20/20/2017-IGST dated 22 November 2017

8325

Colour Coated Al Foil of PE or PVDF excluded from Anti-dumping Duty

Circular No. 45/2017-Customs(ADD) dated 22 November 2017

8326

High Court Ruling of 2014 for Maize Import will be only under Full Duty of 50% by Actual Users (100590)

·     No Exemption under TRQ for 5 lakh tonnes Till Final Court Orders

DGFT Policy Circular No. 02 dated 14 November 2017

8327

Re-fixation of Export Obligation for Declining Export Performance

·     One Third, that is, 395 out of 1200 Four Digit HS Codes Shows more than 5% Fall in 2016-17 Over Previous Year

Policy Circular No. 03/2015-20 dated 21.11.2017

8328

India to Play Hardball on Peace Clause at WTO

ABS News Service/23.11.2017

8329

Onion Export Restriction Return, Export Allowed only on LC subject to MEP of $850 per MT Introduced till 31 Dec 2017

39-Ntfn/23.11.2017

8330

DoT Exempts Feature Phones from GPS Installation Diktat

ABS News Service/24.11.2017

8331

MEIS Rates Raised to 4% from 2% on Readymade Garments and Made Ups for a Period of Eight Months

42-PN/24.11.2017

8332

Mega Power Projects – Amends Condition No.95 of 50/2017-Customs

Ntfn 89/24.11.2017

8333

Caustic Soda from USA, Saudi Arabia and Iran - Anti-dumping Duty Extended till 25 Nov 2018 in Review

55-ADD/24.11.2017

8334

Levy of IGST/GST on Sales of Goods Deposited in a Customs Bonded Warehouse

46-CBEC/24.11.2017

8335

Procedure for manual disbursal of budgetary support under GST Regime to the units located in States of J&K, Uttarakhand, Himachal Pradesh and North East including Sikkim

Circular No. 1060/9/2017-CX dated 27 November 2017

8336

DGFT Releases Red Sanders Wood Export Quota of 186.588 MTs for Karnataka

Notification No. 40/2015-2020 dated 27 November 2017

8337

Drawing of Samples for Grant of Drawback

[Circular No. 47/2017-Cus dated 27 November 2017

8338

Gold and Silver Jewellery and Articles Export against Supply by Foreign Buyer – EO Time Cut to 90 days from 120 days

Notification No.90/2017 – Customs dated 27 November 2017

8339

GST Collections in October Decline to Rs 83,346 crore

ABS News Service/27.11.2017

8340

Finance Ministry Asks Exporters to File Refund Forms of GSTR 3B and Table 6A of GSTR 1

CBEC Press Release dated 29 November 2017

8341

India Pledges to Ratify IMO’s Convention on Recycling of Ships

ABS News Service/30.11.2017

8342

Amendments in Central Excise (Appeals) Rules, 2001

27-CE(NT)/23.11.2017

8343

Foreign Trade Policy 2015-2020 Mid Term Review Announced on 5 December

Key Highlights

·     Interest rate sub-section

·     MEIS increased by two percent for labour intensive sectors

·     Scrips now valid for 24 months

·     GST on Scrips Nil

·     No Norms Fixed

·     No Norms for AEO

·     Contact single point contact

·     Ease of trading across borders

·     Trade analytics

·     Trust based approach

·     Trade facilitation from 1 July

·     19 seaport and 17 airport for 24/7 clearance

·     Testing of samples for drawback liberalised

·     GSTN electronic refund of exports.

·     E wallet will be roll-out from 1 April

·     E payment for gold imports

·     Job work for textiles and handicraft

·     GSTR 1 for Aug and Sept released

·     RFD 01 released

·     Only 8500 crs refund is due.

·     GSTR errors being sent to exporter as per GSTIN

·     GSTR and table 6 in GSTR 3b should be fielded

·     Rita Teaotia exports have stopped falling

·     Decade CAGR 8 percent

·     Export rise at eight percent

·     Two third of lines under MEIS

·     Limit of fob exports increased

·     Ties scheme for exports

·     Self-certification and allowing exporter to work freely

·     Congratulations.. Rs 359 crores for telecom comps MEIS

·     Second hand machinery for repairs and refurbishment allowed in EPCG

·     Logistics division in Dept. of Commerce

·     Yes.. For components from 2 to 4 percent

·     No norms for AEO

·     GST is a game changing reform,  it will stop tax avoidance games

·     Exporter will  be the biggest beneficiaries in GST

·     Octroi refund possible. State government taxes will be refunded

·     SGST and CGST will be refunded on single application

·     Duty drawback to continue for first three months

·     15 Oct all pre GST facilities made available

·     IGST for exports to be discharged on return time only. Refund on credits immediately within three days of return filing

·     Problem due GSTR 1 delays

·     Table 6A in GSTR 1 can be filled up all months

·     6A must match with 3B

·     6A should be less

·     3B out tax liability less than table 6A

·     Refund will be assessed online within seven days

·     RFD form 01A form readied.. Manual cum automatic system - Send to jurisdictions officer

·     States have formed division. 34 states have decided in 21 cases

·     Undertaking that no duplicate application made

·     Centre and state will give separate cheques for centre and state

·     Adhia.. Solid incentive now

·     PK Das member CBEC

·     Prabhu.. Most complex in world.

·     Response time of government must be fast

Ø Highlights of the Foreign Trade Policy 2015-2020 Mid Term Review (Dec 2017)

Ø Foreign Trade Policy Statement Mid Term Review (Dec 2017)

Ø Foreign Trade Policy [1st April, 2015 – 31st March, 2020] Mid Term Review (Updated as on 5 Dec 2017)

Ø Handbook of Procedures [1st April, 2015 – 31st March, 2020] Mid Term Review (Updated as on 5 Dec 2017)

41-Ntfn(RE)/05.12.2017

43-PN(RE)/05.12.2017

8344

First Post-GST Budget likely on Feb 1

ABS News Service/ 05.12.2017

8345

WTO Members Show Restraint in Trade Restrictions Despite Ongoing Economic Uncertainties

ABS News Service/ 05.12.2017

8346

WTO Rules on Fisheries Subsidies: Progress and Prospects

ABS News Service/ 05.12.2017

8347

Minimum Import Price (MIP) of Rs.500/Kg for Pepper Imports

42-Ntfn-06.12.2017

8348

Rupee Gains 80 paise against Dollar to Rs. 65.40 w.e.f. 8 Dec 2017

113-Cus(NT)/07.12.2017

8349

List of MEIS Goods with Codes and Rates

44-PN-05.12.2017

8350

SEIS Rates on Services Export

45-PN-05.12.2017

8351

Ground Handling Services Cover under SEIS

46-PN-05.12.2017

8352

EPCG – Second hand Capital Goods allowed to Hotel Industry, Cranes for Services, Cables and Dumpers for Mining Sector

·     EPCG– Average Annual Export Obligation

47-PN-06.12.2017

8353

IGCR Security Deposit Relaxed to Facilitate Manufacturing

·     Only 5% BG required now s against 100 percent.. and that too on basic duty component .. BG is consignment wise so it will vary, like running bond. Big relief to users

48-CBEC/08.12.2017

8354

Prabhu Woos South Africa, Indonesia for Support on Agri Price Support Ahead of WTO Meet

ABS News Service/ 09.12.2017

8355

Ministers Arrive in Buenos Aires for High-Level WTO Meet

·     US says No to Doha Development Agenda, WTO Meet at BA

·     Not Many Hopes for Success in Meet

·     600 NGOs Block to Meet, 18 Denied Access

ABS News Service/ 11.12.2017

8356

Ministerial Conference Opens

ABS News Service/ 11.12.2017

8357

Conflict and Fragile Economies Group Speak Up in WTO

ABS News Service/ 11.12.2017

8358

China Moves to Support to LDCs Seeking WTO Accession

ABS News Service/ 11.12.2017

8359

Payment of Application Must for Restricted Item Licence

22-TN/11.12.2017

8360

WTO Ministerial: As Buenos Aires Negotiations Get into Gear, Road Ahead Remains Murky

ABS News Service/12.12.2017

8361

Support WTO, 44 Majors Signal Protest to US Actions

ABS News Service/12.12.2017

8362

Prabhu Asks for Revival of Development Round of Doha at BA Ministerial

·     Do Not Split Developing Countries between Middle Income and Least Developed, he Urges

ABS News Service/12.12.2017

8363

Jack M Pushes WTO to Adopt E-Commerce

ABS News Service/12.12.2017

8364

Free Trade Advocate US subverts WTO at Buenos Aires Ministerial Meet

ABS News Service/12.12.2017

8365

FM Meets IT Heads – Lists Protectionist Measures

·     Industry Asks for IT Concessions, Duty Protection

ABS News Service/12.12.2017

8366

WTO Members Eye Post-Buenos Aires Work As Ministerial Talks Hit Hurdles

ABS News Service/13.12.2017

8367

Statement by India at the World Trade Organisation Ministerial Conference at Buenos Aires

ABS News Service/13.12.2017

8368

Prabhu Meets President of Argentina and Holds Bilateral Meetings during WTO Ministerial in Buenos Aires

ABS News Service/13.12.2017

8369

Buenos Aires Declaration on Women and Trade Outlines Actions to Empower Women

ABS News Service/13.12.2017

8370

Public and Private Sector Leaders Exchange Best Practices to Implement Trade Facilitation Agreement

ABS News Service/13.12.2017

8371

WTO Meet Ends without Ministerial Declaration

·     Members Split into Plurilateral Groups on Key Issues

·     India Isolated Once again as Vetoes Resolution Public Stockholding

·     Protectionist Slide Backs Feared as Dispute Resolution Weakens

·     WTO Ministerial: In Landmark Move, Country Coalitions Set Plans to Advance on New Issues

ABS News Service/14.12.2017

8372

Decision on Fisheries Subsidy

ABS News Service/14.12.2017

8373

Work Programme on Electronic Commerce

ABS News Service/14.12.2017

8374

Joint Statement on Electronic Commerce

ABS News Service/14.12.2017

8375

Trips Non-Violation and Situation Complaints

ABS News Service/14.12.2017

8376

Work Programme on Small Economies

ABS News Service/14.12.2017

8377

Investment Facilitation for Development

ABS News Service/14.12.2017

8378

Services Domestic Regulation

ABS News Service/14.12.2017

8379

Pacific Group Ministerial Declaration Delivered at WTO 11th Ministerial Conference in Buenos Aires on 12 December 2017

ABS News Service/14.12.2017

8380

Transparency of Regulatory Measures for Trade in Goods

ABS News Service/14.12.2017

8381

Market Access for Non-Agricultural Products

ABS News Service/14.12.2017

8382

Special Safeguards in Agriculture

ABS News Service/14.12.2017

8383

Public Stockholding for Food Security Purposes

ABS News Service/14.12.2017

8384

Statement by the Philippines

ABS News Service/14.12.2017

8385

BCD on Mobile Handsets Raised to 15% from 10%

·     Microwaves - 20% from 10%

·     Petroleum Coke – 10% from 2.5%

·     LCD (Liquid Crystal Display), LED (Light Emitting Diode) or OLED (Organic LED) panels for manufacture of Television – 7.5% from Nil

·     Smart Meters – 15% from 10%

·     LED Lamps – 20% from 10%

Ntfn 91/14.12.2017

Ntfn 92/14.12.2017

8386

Refund of Countervailing (Anti Subsidy Duty) on Imports for Export Production allowed as Drawback under Brand Rate Procedure

49-CBEC/12.12.2017

8387

GST Tax Admin Warnings on Excessive CGST Credit for Tax Paid before GST in TRAN-1 Procedure

Press Release dated 12 December 2017

8388

Refund of IGST, IT Services Exports Restored

CBEC Press Release dated 12 December 2017

8389

File Review Petitions in Anti-dumping Cases, 9 Months before Sunset Date

DGAD Trade Notice No. 02 dated 12 December 2017

8390

Transaction wise Import Data will be Supplied by DGCIS in Anti-dumping and Safeguard Cases

DGAD Trade Notice No. 01/2017 dated 8 December 2017

8391

FPI Investment in Govt Securities

14-RBI/12.12.2017

8392

Aadhaar Deadline Extended till 31.3.18 for Submission of Aadhaar Number and Permanent Account Number or Form 60 by Client to the Reporting Entity

ABS News Service/15.12.2017

8393

India Heralds 25 years of India-ASEAN Partnership

ABS News Service/15.12.2017

8394

India Names US for Failure of Negotiations on Public Stockholding in Agriculture

·     Statement by India at conclusion of WTO Ministerial Conference at Buenos Aires

ABS News Service/15.12.2017

8385

BCD on Mobile Handsets Raised to 15% from 10%

·     Microwaves - 20% from 10%

·     Petroleum Coke – 10% from 2.5%

·     LCD (Liquid Crystal Display), LED (Light Emitting Diode) or OLED (Organic LED) panels for manufacture of Television – 7.5% from Nil

·     Smart Meters – 15% from 10%

·     LED Lamps – 20% from 10%

Ntfn 91/14.12.2017

Ntfn 92/14.12.2017

8386

Refund of Countervailing (Anti Subsidy Duty) on Imports for Export Production allowed as Drawback under Brand Rate Procedure

49-CBEC/12.12.2017

8387

GST Tax Admin Warnings on Excessive CGST Credit for Tax Paid before GST in TRAN-1 Procedure

Press Release dated 12 December 2017

8388

Refund of IGST, IT Services Exports Restored

CBEC Press Release dated 12 December 2017

8389

File Review Petitions in Anti-dumping Cases, 9 Months before Sunset Date

DGAD Trade Notice No. 02 dated 12 December 2017

8390

Transaction wise Import Data will be Supplied by DGCIS in Anti-dumping and Safeguard Cases

DGAD Trade Notice No. 01/2017 dated 8 December 2017

8391

FPI Investment in Govt Securities

14-RBI/12.12.2017

8392

Aadhaar Deadline Extended till 31.3.18 for Submission of Aadhaar Number and Permanent Account Number or Form 60 by Client to the Reporting Entity

ABS News Service/15.12.2017

8393

India Heralds 25 years of India-ASEAN Partnership

ABS News Service/15.12.2017

8394

India Names US for Failure of Negotiations on Public Stockholding in Agriculture

·     Statement by India at conclusion of WTO Ministerial Conference at Buenos Aires

ABS News Service/15.12.2017

8395

Exports Up by 30.6% in November, GST Bottleneck Cleared

·     Engineering Goods, Diamonds and Chemicals Show Significant Rise

·     Imports Up 19.6%, Rough Diamonds Up 85.8%,

·     Crude, Coal, Ores, Capital Goods, Metals Major Gainers

PIB Press Released dated 15 November 2017

8396

Banks to give Remittance Detail to DRI, Non Compliance to Attract Penalty

114-Cus(NT)/14.12.2017

8397

Power of Designated Officers Functions under CA, 1962

115-Cus(NT)/14.12.2017

8398

Inter-State E-way Bill to be Compulsory from 1st February, 2018

·     States have Time to Implement but 1st June 2018 is Last Date for Implementation Across the Country

CBEC Press Release dated 16th December, 2017

8399

Finance Minister Arun Jaitley Holds 7th Pre-Budget Consultation Meeting with Banks and Financial Institutions

ABS New Service/16.12.2017

8400

Tariff Value on Palm Oil, Palmolein, Soyabean Oil, Brass Scrap; Gold and Silver; Areca nuts and Poppy Seeds

116-Cus(NT)/15.12.2017

8401

Mobile Duty Hike not Good for Make In India, says Economic Times

ABS News Service/18.12.2017

8402

FSSAI Regulations Amendments

·     Customs will not Clear Food Articles of Shelf Life less than 60 days

F.No. REG/Import amendment/ Direction/ FSSAI-2017 DATED 13 December 2017

8403

Budget Wishlist: Auto Industry Seeks only Two Tax Rates for Passenger Vehicles

ABS News Service/18.12.2017

8404

Rupee Purchases in Duty Free Shops upto 25K Allowed thru INR Debit and Credit Cards – No Forex Conversion Charges

·     Mandatory Price Display in INR Must

50-CBEC/18.12.2017

8405

Guidelines for Electronic Labelling of Products under Compulsory Registration of BIS

CMD III/9:6/e-labelling dated 13 09 2017

8406

Specification of Mechanical Properties for Reinforcing Steel for Use in RCC Structure - IS 16651:2017

ABS News Service/19.12.2017

8407

ICAR, Pune and NIPHM, Hyderabad Notified for Analysis for Pesticide Residues in Food

Food Safety and Standards Authority of India Notification dated 20 November 2017

8408

Canned Tomatoes Standards – Effective from 1 July 2018

Food Safety and Standards Authority of India Notification dated 17 November 2017

8409

Export Inspection Certificate Must for Export of Milk Products

149-PN/16.11.2017

8410

Paracetamol Input SION Revised

48-PN/11.12.2017

8411

Milk and Milk Products Standards Revised – Effective from 1 July 2018

·     Camel Milk, Lassi Included in Enlarged List

FSSAI Press Note dated 24.10.2017

8412

Used Cooking Oil not Suitable for Repeat Use, TPC Limit Fixed at 25% from 1 July 2018

FSSAI Press Note dated 03.11.2017

8413

New Standards for Virgin Coconut Oil and Peanut Butter

·     Linseed Oil renamed as Flaxseed/Linseed Oil

·     Acid Value in Palm Oil replaced with FFA Value – Content Fixed at 10% max

FSSAI Press Note dated 20.10.2017

8414

FSSAI Notifies Standards for Frozen Shrimps, Finfish and Frozen Fish Fillets

FSSAI Press Note dated 25.09.2017

8415

Food Safety Standards for Durum Wheat Maida, Quinoa, Instant Noodles and Pearl Millet Flours

FSSAI Press Note dated 21.09.2017

8416

Tapioca Sago Standards

FSSAI Notification 24.10.2017

8417

Rupee Gains 50 paise against Dollar to Rs. 64.90 w.e.f. 22 Dec 2017

118-Cus(NT)/21.12.2017

8418

Mid Term Review Investigation Initiated on Sodium Nitrite from EU ($3/MT Anti-dumping Duty from 8 August 2014)

Initiation Notification Case No. 05/2017 dated 11 December 2017

8419

Russia also under Dumping Net on Sodium Nitrite on Complaint of Deepak Nitrite

·     China, EU, Korea and Ukraine Already in the Net

Initiation Notification Case No. (O.I.) 32/2017 dated 19 December 2017

8420

India to Occupy the Chair of KP Process on Conflict Diamonds in 2019

Press Release dated 20 December 2017

8421

Prabhu Refute Refund Claims of 65K Crs in Export Sector

MoC&I Press Release dated 20 December 2017

8422

Chana (Chickpeas) and Masoor (Lentils) Customs Duty Hiked to 30% from Nil

·     Tur Dal Continues at 10%; Yellow Peas 50%

·     Other Pulses Nil Duty

Ntfn 93/21.12.2017

8423

Anti-dumping Duty on Phthalic Anhydride from Korea, Taiwan and Israel Extended by One Year to 23 December 2018

56-ADD/21.12.2017

8424

Electronic Sealing of Containers from All Ports and ICDs Mandatory from 1 April 2018

51-CBEC/21.12.2017

8425

Time Limit for Sec 3(4) Intimation of Details of Stock for Composition Levy in Form GST CMP-03 Extended Till 31 Jan 2018

GST Order No. 11/2017-GST dated 21 December 2017

8426

Works of Artist can be sent on Delivery Challan – It can be followed by Tax Invoice at the Time of Actual Sale of Final Buyer

Circular No. 22/22/2017-GST dated 21 December 2017

8427

GST in Auction Sales – Accounts can be Maintained only at Principal Place of Business

Circular No.23/23/2017-GST dated 21.12.2017

8428

Manual Filing Extended to Inverted Duty, Deemed Exports and Electronic Cash Ledger Balances

·     Format for Application Statement1, Statement 1A and Statement 5B Prescribed in RFD-01A

Circular No.24/24/2017-GST dated 21.12.2017

8429

Advance Ruling Applications Moved to Manual Mode – Form GST ARA-01 Prescribed

Circular No. 25/25/2017-GST dated 21.12.2017

8430

Input Tax Credit GST ITC-01 Declaration Extended to 31 Jan 2018

Notification No. 67/2017 – Central Tax dated 21.12.2017

8431

Non Resident Taxable Person (Form GSTR-5) Return Filing Extended Till 31 Jan 2018

Notification No.68/2017 – Central Tax  dated 21 December 2018

8432

Last Date for GSTR-5A Return Filing Extended to 31 Jan 2018

Notification No. 69/2017 – Central Tax  dated 21 December 2017

8433

Table 6 in Form GSTR-1 Covering Zero Rated Supplies and Deemed Exports Amended

·     Form GST RFD-01 Amended for Statement 1A for Refund in Inverted Tax Structure Cases, Statement 5B Inserted for Refund in Deemed Exports Cases

Notification No. 70/2017 – Central Tax dated 21 December 2017

8434

DG Safeguards Initiates Investigation on Solar Cells on ISMA Complaint on behalf of Five Producers

F. No. D 22011/68/2017 – Dated 19-12-2017

8435

Indo-Korea CEPA General Duty – Quarter to Five percent Cut w.e.f. 1 Jan 2018

Ntfn 95/22.12.2017

8436

Indo-Japan CEPA – Duty on Engine of 250cc plus and Gear Boxes and Parts Slashed to 6.88% from 7.5% w.e.f 1 Jan 2018

Ntfn 94/22.12.2017

8437

GST Council Likely to Meet in Third Week to January; to Take a Call on about 50 Amendments in GST Laws

ABS News Service/26.12.2017

8438

Ordinance for Compensation Cess on Motor Vehicles of 2 Sept to be Replaced by Regular Act in Winter Session of Parliament

Bill No. 269 of 2017

8439

Revised GST Return Dates – The Full Calendar

ABS News Service/26.12.2017

8440

Govt Extends Deadline for Selling Pre-GST Stock with Revised MRP Till March 31, 2018

ABS News Service/26.12.2017

8441

Commerce Ministry Mulls Refund for Exporters via Single Window

ABS News Service/26.12.2017

8442

Transit Cargo from Kolkata to Nepal (2 LCS), Bangladesh (3 LCS) and Vice Versa under Electronic Cargo Trading System (ECTS) Seals from 1 Feb 2018

·     Simplified EDI Based Process for Quick Clearance

·     ECTS Seals may be used for other Bangladesh and Bhutan Trade Soon

52-CBEC/22.12.2017

8443

GST Collection for Dec 2017 Crashes Rs. 80,808 crores

·     Registered Taxpayers Hits 99 lakhs Mark

CBEC Press Release date 26 Dec 2017

8444

Appointment of Nodal Officer for Acting as Single Point Contact with DGGST, New Delhi

F. No.V(30)/DGGST/Nodal Officer/21/2017/1222 dated 15.12.2017

8445

GST on Property - Clarification

·     No GST on Sale of Property with Completion Certificate (Under Stamp Duty)

·     No GST on Property under Construction Part Sold before 1 July 2017 but Service Tax on Old Rates @4.5% to be paid

·     Payment on Property under Construction after 1 July 2017 will Attracts 12% GST

CBEC Website

8446

Budgetary Support for Cash Component of CGST and IGST for eligible industrial units in States of North Eastern Region and Himalayan States

MoC&I Press Release dated 29.12.2017

8447

GSTR-1 Filing Date Extended

·     Quarterly: 10 Jan 2018 for July-Sept 2017 period, 15 Feb 2018 for Oct-Dec 2017, 30 April 2018 for Jan-Mar 2018

·     Monthly: 10 Jan 2018 for July-Nov 2017, 10 Feb 2018 for Dec 2017

Notification No. 71/2017 and 72/2017- Central Tax Dated 29th December, 2017

8448

E-way Bill Rules will Come into Force from 1 Feb 2018

74-CT/29.12.2017

8449

Reduction of Late Fee (Rs. 10/day from Rs. 25/day) for Failure to Furnish the Return in Form GSTR-4 by the Due Date

73-CT/29.12.2017

8450

Amendments in CGST Rules

·     Unique Identity Number (UIN)

·     No Back dated Amendments in Registration

·     Refund Formula for Zero Rates Supply

·     OIDAR Amendment

·     No Refund of IGST to Exporters who Availed Benefit of Ntfn 48/2019 (CGST), 40/2017 (CGST) and 41/2017 (IGST)

·     UIN Registration

·     Inward Supply by UIN

·     Amendment in Demands and Recovery Form (DRC-07)

75-CT/29.12.2017

8451

GSTR-2 and GSTR-3 Filing Dates to be Decided

·     No Changeover in GSTR Filing Permitted Less Rs. 1.5 crs Cases, Switchover not Allowed

·     Late Filing Fee must from October 2017 Onwards

·     Common Errors in GSTR-3B and their Solution

26-GST Cir/29.12.2017

8453

Indo-ASEAN FTA Duty – Two to Five percent Cut w.e.f 1 January 2018

Ntfn 96/29.12.2017

8454

Indo-Malaysia PTA Concessional Duty Revised

·     Coffee not Roasted – 55% from 60%

·     Black Tea, other (fermented) – 55% from 60%

·     Pepper – 52% from 54%

·     Crude Palm oil 44% from 48%

·     Refined Palm Oil – 54% from 58%

·     Animal Fats and oils – Revised Up to 52% from 0% - (Item Prohibited under Import Policy)

·     Palm Kernel Oil – 52% from 58%

·     Edible Grade Margarine – 48% from 52%

Ntfn 97/29.12.2017

8455

Tariff Value on Palm Oil, Palmolein, Soyabean Oil, Brass Scrap, Gold and Silver, Areca nuts

120-Cus(NT)/29.12.2017

8457

Onion Export Extended by Three Weeks to 20 January 2018

43-Ntfn/29.12.2017