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Articles of Jewellery Withdrawn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
|
|