Daily Index of Changes

Year 2018

DINDEX Code

Topics

Notification No./Date/Source

8452

India to Host Mini-ministerial in February

ABS New Service/01.01.2018

8456

Composition Cess Cut to Half Percent for Manufacturer Subject to 1 crs Limit for Sales in Same State

·     Traders too get Half Percent on “Taxable Supplies”

·     Non Taxable Supplies like Petrol, Diesel, not Included in Calculation

Notification No. 1/2018- Central Tax dated 1 January 2018

8458

Pet Coke BCD Raised to 10% from 5%

Notification No. 02/2018-Customs dated 5 January 2018

8459

Specific Duty Floor of Rs. 100 per kg Imposed on Pile Fabrics in 6001 92 00

·     Previous Description was 20%

Notification No. 01/2018-Customs dated 5 January 2018

8460

Fluoroelastomers (FKM) from China under Anti-dumping Probe on Complaint of Sole Producer Gujarat Fluorochemicals

Initiation Notification No.6/25/2017-DGAD dated 2 January 2018 - (Case No. OI-30/2017

8461

DGAD Initiates Dumping Investigation on Zeolite 4A (Detergent Grade) from China on Complaint of Gujarat Credo and Chemicals India

Initiation Notification Case No. (O.I.) 25/2017 dated 2 January 2018

8462

Rupee Gains 40 paise against Dollar to Rs. 64.50 w.e.f. 5 January 2018

Notification No.1 /2018 - Customs ( N.T.) dated 4 January 2018

8463

Quantity of Import Item for Raw Sesame Seeds Raised

Public Notice No. 49/2015-2020 dated 3 January 2018

8464

Clarifications of GST on Supply of Services –

·     Accommodation Services

·     Casino

·     Horse racing

·     Admission to cinema

·     Rent on rooms provided to in-patients

·     Bakery items

·     Homestays

·     Books are printed/ published/ sold on procuring copyright from the author

·     Books are printed/ published/ sold on paying copyright fees to a foreign publisher

·     Legal services other than representational services provided by an individual advocate or a senior advocate to a business entity

Circular No. 27/01/2018-GST dated 4 January 2018

8465

FIEO Lists Charter of Demands to Board of Trade

FIEO/PUB/PR/41/2017 dated January 8, 2018

8466

Safeguard Duty of 70 percent on Solar Cells in Preliminary Findings of Authority on Complaint of Indian Solar Manufacturers Association (ISMA) on behalf of Five Indian Producers

·     Notification Valid for 200 Days under Issue

·     Final Findings likely to Validate Preliminary Findings

F.No. 22011/68/2017 dated 5 January 2018

8467

5% GST without ITC on Food or Drink Supply by College Hostel Mess to Students and Staff – TRU Clarification

28-GST Cir/08.01.2018

8468

RBI Permits the Overseas Branches/Subsidiaries of Indian Banks to Refinance ECBs of Highly Rated Corporates and Navratna/ Maharatna PSUs

·     Outstanding Maturity of the Original Borrowing is not Reduced

·     All-in-Cost of Fresh ECB is Lower than the Existing ECB

15-RBI/04.01.2018

8469

Transition Period for Registration under Registered Exporters System (REX) for EU-GSP Extended upto 30.06.2018

51-PN/09.01.2018

8470

Five APEDA Regional Offices in Mumbai, Hyderabad, Bangalore, Kolkata and Guwahati Listed in Appendix 2E of FTP to Issue GSP Certificate and Certificate of Origin (Non Preferential)

50-PN/09.01.2018

8471

Viramgam (Vill. Bhojwa, Ahbad) ICD Notified for Loading and Unloading of Goods

02-Cus(NT)/05.01.2018

8472

Customs Seized Gold to be Disposed thru STC, MMTC and All Approved Banks

·     Follow Guidelines of 08.08.2005

01-CBEC/11.01.2018

8473

No Extension on GSTR-1 Filing of Returns till Nov 2017

·     10 Jan Deadline Stays

Min of Finance Press Release dated 10 January 2018

8474

Float Glass Import from Tariq Glass Industries Pakistan to be Charged New Shipper Review Duty of $23.54 per tonne w.e.f 16 June 2017

·     Madras High Court Vacates Stay Order on 6 Nov 2017

01-ADD/12.01.2018

8475

Dhamra and Dighi Sea Ports Added as Shipment Points in Export Promotion Notifications

Ntfn 03/12.01.2018

8476

DGFT Issues New Application Forms after GST

·     AA, DFIA, GEM REP Authorisation Revised after Non-Issue of EP Copies of Shipping Bills

·     Application for Issue of Nominated Agency Certificate (ANF-4l) Deleted

52-PN/12.01.2018

8477

Antenna used in BTS (Base Transceiver Station) in a Wireless Telecommunication Network is Classified under HS 8517 62 90 as Telecomm Equipment – It is not a Part of BTS and not Eligible under Parts Heading in HS 8517 70 90

CBEC Instruction No. 01/2018-Customs dated 15 January 2018

8478

Courier Delivery of Import-Export Goods Consignment, any ID Plus Recording of Address Sufficient for KYC

·     PAN or GSTIN for GST

·     No KYC for Letters and Documents

02-CBEC/12.01.2018

8479

Exports Up 12.36% in Dec Riding on Engineering Goods, Petro Products

·     RMG, Textiles Crash

·     Gold Up 72.5%, Crude 35%

MoC&I Press Release 15 January 2018

8480

Exports likely to Touch USD 300 bn Mark this Fiscal but Rising Trade Deficit Takes Sheen Away: President, FIEO

ABS News Service/16.01.2018

8481

Inspection, Search, Seizure and Arrest under Goods & Services Tax Act

ABS News Service/16.01.2018

8482

E-Way Bill to be Rolled Out Next Month for Easier Movement of Goods

ABS News Service/16.01.2018

8483

Tariff Value of Crude Palm Oil, Palmolein, Gold and Silver, Brass Scrap, Poppy Seeds Notified

05-Cus(NT)/15.01.2018

8484

US Request for Retaliation against India in Solar Dispute Referred to Arbitration

ABS News Service/17.01.2018

8485

Australia Initiates WTO Complaint Targeting Canadian Restrictions on Sale of Wine

ABS News Service/17.01.2018

8486

Taxation of Natural Gas under MVAT Act - Clarification

Trade Cir. No. 3T of 2018 NO.VAT/MISC-2017/20/ADM-8, dated 16th January, 2018

8487

Food Subsidy Bill may Swell by 10% in 2018-19 Budget

ABS News Service/17.01.2018

8488

Department of Commerce and CII Signs MoU for Setting-up an Institutional Mechanism for Development of Logistics Sector in the Country

ABS News Service/17.01.2018

8489

DAC Simplifies Procedure to Develop Defence Equipment through Indian Industry; Clears Procurements of Assault Rifles and Carbines worth Rs 3,547 Crs

ABS News Service/17.01.2018

8490

Sun Film from China, Taiwan, Hong Kong and Korea under Anti-dumping Investigation on Complaint of Garware Polyester Ltd, Sole Producer

Initiation Notification (Case No. OI-47/2017) dated 17 January 2018

8491

Metronidazole from China – Anti-dumping Duty Paid on or after 29 Aug 2017 to be Refunded to the Importers (without Unjust Enrichment)

·     DGAD Initiates Sunset Review Investigation on 29 Aug 2017 after High Court Order Intervention

02-ADD/17.01.2018

8492

Authorised Banks and Nominated Agencies to Import Gold and Silver

·     Appendix 4B Revised

53-PN/17.01.2018

8493

Union Finance Minister, Arun Jailey holds Pre-Budget Consultations with the Finance Ministers of States/ Union Territories (with Legislature)

ABS News Service/18.01.2018

8494

Asian Exporters' Chamber of Commerce and Industry (AECC&I), Navi Mumbai Notified for Issuing Certificate of Origin (Non-Preferential)

55-PN/18.01.2018

8495

Indian Industries Association Shifted to New Place at Road No. 2 Mahipalpur Extn. From NH8 Mahipalpur Extn

·     Appendix 2E Amended

54-PN/18.01.2018

8496

Rupee Falls 30 paise against Dollar to Rs. 64.80 w.e.f. 19 January 2018

06-Cus(NT)/18.01.2018

8497

GST Council Meets in Capital

·     GST Law Amendment to be presented to Parliament in Budget Session

·     Jaitley says Crackdown on Assessees Soon to Check Evasion – E-Way Bill Serve as New Weapon

·     GST 3B with Invoice Loading may substitute GSTR1 and GSTR2 (GST Council may accept Nilekani Suggestion)

·     GST Revenues Fall, States Share in Shortfall, Only Maha, Delhi, South States in Surplus, Smaller States in Deficit

·     Services Clarifications Adopted

·     Bio Diesel GST cut to 12%

GST Council Meeting dated 18.01.2018

8498

Recommendations for Changes in GST/IGST Rate and Clarifications in Respect of GST Rate on Certain Goods

GST Council Meeting dated 18.01.2018

8499

Procedural Changes Adopted by GST Council

·     Late Fee Charges

·     Cancellation of GSTIN Allowed Any Time, No Wait from One Year

·     Last Date for Registration Cancellation Extended to 31 March 2018

·     E-Way Bill Trial Begins

·     Inter State Movements to be under E-Way Bill Latest by 1 June 2018

·     Handicraft Goods Listed

·     Policy Changes Recommended by the 25th GST Council Meeting

GST Council Meeting dated 18.01.2018

8500

AEO Benefits Extended

·     Additional Inputs for SION Goods without Norms on Self Declaration

·     Web Based Clearance

·     No Default in Customs Duty Payment in Track Record

·     CA Certificate for Solvency Certificate Adequate

·     Serious Offences by Applicant Defined for Exclusion from AEO

·     Multiple Sites Allowed

·     CRM for AEOs and Jurisdiction to be Notified

Circular No. 3/2018- Customs dated 17 January 2018

8501

ATA Carnet Duty Free Temporary Import thru FICCI, Goods Covered:

·     Media and Broadcast Equipment

·     Sports Goods

·     Testing, Measuring and Calibration Instruments

Ntfn 04/18.01.2018

8502

Seconds/Defectives Import of Steel Items thru Nhava Sheva (JNPT) and ICD-Tughlakabad Allowed

44-Ntfn/18.01.2018

8503

Contracting Caterer to Edu Institutes must Pay 5% GST, Self-Catering Exempted

Corrigendum dated 18.01.2018 to Circular No. 28/02/2018-GST dated 08.01.2018

8504

CGST Rules 2017 Amended

·     Rule 3-Intimation for Composition Levy

·     Rule 7-Rate of Tax of the Composition Levy

·     Rule 20-Application for Cancellation of Registration

·     Rule 24-Migration of Persons Registered under the Existing Law

·     Rule 31A-Value of supply in case of lottery, betting, gambling and horse racing

·     Rule 43-Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases

·     Rule 54-Tax invoice in special cases

·     Rule 55-Transportation of goods without issue of invoice

·     Rule 55A.-Tax Invoice or bill of supply to accompany transport of goods

·     Rule 89-Application for refund of tax, interest, penalty, fees or any other amount

·     Rule 96-Refund of integrated tax paid on goods exported out of India

·     Rule 138-Information to be furnished prior to commencement of movement of goods and generation of e-way bill

·     Rule 138A-Documents and Devices to be Carried by a Person-in-Charge of a Conveyance

·     Rule 138B-Verification of Documents and Conveyances

·     Form -GST RFD-01A - Application for Refund (Manual)

03-CT/23.01.2018

8505

E-way Bill Portal Notified

09-CT/23.01.2018

8506

State Government GST Officers given Power under Revised Rule 96(9) of CGST Rules to Sanction Refund in IGST Paid on Services Export

01-IGST/23.01.2018

8507

GST Rate on Amusement Parks Admission Cut to 18% from 28%

CBEC Press Release

8508

GST Exemption on Cultural Events, Sports and Circus on Tickets Raised to Rs. 500 from Rs. 250 per Person

CBEC Press Release

8509

GST Exempted on RWA Member Contribution upto Rs. 7500 per Month per Member

CBEC Press Release

8510

Suppliers Obliged to Quote Unique Identity Number (UIN) of Foreign Missions on the Invoice under Rule 46 of CGST Rules 2017

CBEC Press Release

8511

GST on Housing Sector w.e.f. 25 Jan 2018

·     GST on EWS Housing 8%

·     No GST on Land

CBEC Press Release

8512

Drawback Rates and Value Cap Raised w.e.f. 25 Jan 2018

·     Prepared Crustaceans, Lobster and Crab

·     Automobile Tyres and Bicycle Tyres and Tubes

·     Bicycles and Tricycle not Motorised

·     Made-up Sports nets of Textile Material

·     Fish Frozen and Chilled Form

·     Glass Artware/Handicrafts

·     Leather of Bovine Animals, Goat, Sheep

·     Leather Hand Bags; Articles of Apparels

·     Industrial Gloves; Belts

·     Woven Fabrics of wool

·     Leather Footwear

08-Cus(NT)/22.01.2018

8513

Toluene Di-Isocyanate (TDI) from China, Japan and Korea – Final Findings

·     Minor Changes in the Final Finding rates – (Korea – $0.44/kg) and (Japan – $0.15/kg)

03-ADD/23.01.2018

8514

MEP on Onions Cut to $700/MT FOB from $850/MT

·     Measure Extended for One More Month Till 20 Feb 2018

45-Ntfn/19.01.2018

8515

Amendments in SION – Styrene Monomer Included as Input Item for Styrene Butadiene Rubber

56-PN/19.01.2018

8516

41 Revenue Officials Get President’s Appreciation Certificate for Specially Distinguished Record of Service Notified

09-Cus(NT)/23.01.2018

8517

Amendments in Presidential Award Notification

07-Cus(NT)/19.01.2018

8518

Trump Slaps Steep US Tariffs on Imported Solar Panels, Washing Machines

ABS News Service/24.01.2018

8519

India can become Third-Largest Economy, say Jaitley

ABS News Service/24.01.2018

8520

Argentina Ratifies the Trade Facilitation Agreement

ABS News Service/24.01.2018

8521

Coated Paper (40 gsm to 350 gsm) from China, EU, USA under Anti-dumping Investigation on Complaint of Indian Paper Manufacturers Association on behalf of Ballarpur and BILT Graphics

·     No Evidence for Korea and Indonesia

·     Normal Value Constructed to Arrive at Dumping Margin

Initiation Notification Case No. OI- 45/2017 dated 23 January 2018

8522

Anti-dumping Investigation on Di Methyl Formamide (DMF) from China, Germany, and Saudi Arabia Initiated on Complaint of Balaji Amines Ltd

Initiation Notification dated 22 January 2018

8523

Drawback Rates Changes on Export Goods – CBEC Press Release dated 23 January 2018

CBEC Press Release/ 23.01.2018

8524

CBEC Clarification on Duty Drawback Rates Changes effective from 25.01.2018

Circular No. 4/2018-Customs dated 24 January 2018

8525

Rupees Twenty Five per day may be Deducted for Delayed Filing of Form GSTR-1

Notification No. 4/2018 – Central Tax dated 23 January, 2018

8526

Late Fee of Rs. 10 to be Charged on Delayed Filing of Form GSTR-5

Notification No. 5/2018 – Central Tax dated 23 January 2018

8527

Late Fee of Rs. 10 to be Charged on Delayed Filing of Form GSTR-5A

Notification No. 6/2018 – Central Tax dated 23 January 2018

8528

Late Fee of Rs. 25 per day to be Payable for Delayed Filing of Form GSTR-6

Notification No. 7/2018 – Central Tax dated 23 January 2018

8529

Form GSTR-6 Return Filing for July 2017 to Feb 2018 Extended Till 31 March 2018

Notification No. 8/2018 – Central Tax dated 23 January 2018

8530

State Government GST Officers given Power under Revised Rule 96(9) of CGST Rules to Sanction Refund in IGST Paid on Services Export

Notification No. 10/2018 – Central Tax  dated 23 January 2018

8531

Modi Meets Heads of Myanmar, Vietnam and Philippines

ABS News Service/25.01.2018

8532

IGST Rates Revised w.e.f. 25 January 2018

·     Goods under 5%

·     Goods under 12%

·     Goods under 18%

·     Goods under 28%

07/2018-Integrated Tax (Rate), dated 25-01-2018

8533

IGST Notification on Goods at Zero Rate Revised w.e.f. 25 January 2018

08/2018-Integrated Tax (Rate), dated 25-01-2018

8534

IGST Rates (General Rates) of various Services Revised w.e.f. 25 January 2018 - I

01/2018-Integrated Tax (Rate) dated 25 January 2018

8535

IGST Rates (Nil) of various Services Revised w.e.f. 25 January 2018 - II

02/2018-Integrated Tax (Rate) dated 25 January 2018

8536

Services on Reverse Charge

03/2018-Integrated Tax (Rate) dated  25-01-2018

8537

Special Procedure to Payment of Tax by Registered Person Supplying Service by way of Construction against Transfer of Development Right

04/2018-Integrated Tax (Rate) dated 25 January 2018

8538

Seeks to Exempt Central Government’s Share of Profit Petroleum from Integrated Tax

05/2018- Integrated Tax (Rate) dated 25 January 2018

8539

Applicability of GST on Polybutylene Feedstock and Liquefied Petroleum Gas Retained for the manufacture of Poly Iso Butylene and Propylene or Di-butyl para Cresol

Circular No. 29/3/2018-GST dated 25 January 2018

8540

Goods Classified under Chapter 86 Supplied to Railways Attract 5% GST

·     Goods Other Than in Chapter 86 Supplied to Railways will attract General GST Rates

Circular No. 30/4/2018-GST dated 25 January 2018

8541

BCD and IGST Rate Raised to 5% from Nil on Scientific and Technical Instruments, Raw materials and Components Required for Launch Vehicles and Satellite and Payloads

05/2018-Customs dated 25 January 2018

8542

Delhi Declaration of the ASEAN-India Commemorative Summit to Mark the 25th Anniversary of ASEAN-India Dialogue Relations

·     Political and Security Cooperation

·     Economic Cooperation

·     Socio-Cultural Cooperation

·     Connectivity

·     Cooperation on Narrowing the Development Gap

ABS News Service/27.01.2018

8543

Agriculture Ministers Weigh Food Security, Climate Impacts of Livestock Sector

ABS News Service/27.01.2018

8544

World Leaders in Davos Call for Cooperation to Tackle Global Challenges

ABS News Service/27.01.2018

8545

Another Two Months to NFL for Urea Import Till 26 Feb 2018

Notification No. 46/2015-2020 dated 24 January 2018

8546

STC Included as Nominated Agency to Import Gold and Silver

Corrigendum dated 24 January 2018

8547

Royalty and Licence Fee Intellectual Property Value on Imported Goods Exempt from IGST under Sec 3(7) of CTA – Value Included in Transaction Value and Customs Duty Paid

Notification No. 6/2018- Integrated Tax (Rate) dated 25 January 2018

8548

Exemption of IGST to R&D on the Pattern of 51/96 dated 23.07.1996

Notification No. 10/2018- Integrated Tax (Rate) 25 January, 2018

8549

IGST on Used Motor Vehicles

Notification No.  9/2018 – Integrated Tax (Rate) 25 January, 2018

8550

Compensation Cess Exempted on All Old and Used Motor Vehicles without ITC

Notification No. 01/2018-Compensation Cess (Rate) dated 25 January 2018

8551

Finance Minister Present Economic Survey 2017-18 in Parliament 

·     Real GDP Growth to Clock 6.75 Percent this Fiscal

·     Economic Survey Predicts 7-7.5 Percent Growth in 2018-19

·     Employment, Education & Agriculture To Be The Focus Areas In Medium Term, Says Survey

ABS News Service/29.01.2018

8552

Economic Survey Draws Attention to 10 New Economic Facts on Indian Economy

ABS News Service/29.01.2018

8553

GST Data Reveals 50% Increase in Number of Indirect Taxpayers

·     Economic Survey says-Maharashtra, Gujarat, Karnataka, Tamil Nadu & Telangana account for 70% of India’s exports

·     India’s internal trade in goods and services is 60 percent of GDP

ABS News Service/29.01.2018

8554

Pink-Color Economic Survey 2017-18 Highlights Gender Issues Against Backdrop of Development Beti Bachao, Beti Padhao; Sukanya Samridhi Yojana and Mandatory Maternity Leave are all Steps in Right Direction, Acknowledges Survey

ABS News Service/29.01.2018

8555

Budget 2018-2019 Circular from TRU, Department of Revenue

D.O.F.No.334/4/2018-TRU dated 1 February 2018

8556

Seeks to further amend notification No. 50/2017- Customs dated the 30th June so as to prescribe effective rate of basic customs duty (BCD) consequent to the changes proposed in the Union Budget 2018-19

6/2018-Customs dated 2nd February 2018

8557

Seeks to exempt levy of the whole of the Education Cess on all goods in the First schedule to the Customs Tariff Act, 1975

7/2018-Customs dated 2nd February 2018

8558

Seeks to exempt levy of the whole of the Secondary and Higher Education Cess on all goods in the First schedule to the Customs Tariff Act, 1975

8/2018-Customs dated 2nd February 2018

8559

Seeks to rescind notification No. 69/2004-Customs dated 09.07.2004 exempting specified goods from the levy of Education Cess.

9/2018-Customs dated 2nd February 2018

8560

Seeks to rescind notification No. 28/2007-Customs dated 01.03.2007 exempting specified goods from the levy of Secondary and Higher Education Cess.

10/2018-Customs dated 2nd  February 2018

8561

Seeks to exempt specified goods from the whole of levy of Social Welfare Surcharge

11/2018-Customs dated 2nd  February 2018

8562

Seeks to exempt specified goods from the of levy of Social Welfare Surcharge in excess of 3%

12/2018-Customs dated 2nd  February 2018

8563

Seeks to exempt Integrated tax and Goods and Services Tax compensation cess on imported goods from the whole of levy of Social Welfare Surcharge

13/2018-Customs dated 2nd  February 2018

8564

Seeks to amend notification No. 82/2017-Customs dated the 27th October 2017 to increase the effective rate of BCD on silk fabrics from 10% to 20%

14/2018-Customs dated 2nd  February 2018

8565

Seeks to rescind notification No. 6/2015-Customs dated 01.03.2015

15/2018-Customs dated 2nd  February 2018

8566

Seeks to rescind notification No. 7/2015-Customs dated 01.03.2015

16/2018-Customs dated 2nd  February 2018

8567

Seeks to rescind notification No. 57/98-Customs dated 01.08.1998

17/2018-Customs dated 2nd February 2018

8568

Seeks to rescind notification No. 59/99-Customs dated 11.05.1999

18/2018-Customs dated 2nd  February 2018

8569

Seeks to exempt Additional Duty of Customs (Road Cess) levied under section 103 of the Finance ( No.2) Act, 1998

19/2018-Customs dated 2nd  February 2018

8570

Seeks to exempt Additional Duty of Customs (Road Cess) levied under section 116 of the Finance Act, 1999

20/2018-Customs dated 2nd February 2018

8571

Seeks to exempt Additional Duty of Customs (CVD), in lieu of Additional Duty of Excise (Road and Infrastructure Cess) levied under clause 110 of the Finance Bill, 2018

21/2018-Customs dated 2nd  February 2018

8572

Seeks to further amend notification No. 57/2017- Customs dated the 30th June, 2017 so as to prescribe effective rates of BCD on specified parts of cellular mobile phones and other electronic goods

22/2018-Customs dated 2nd  February 2018

8573

Seeks to further amend notification No. 27/2011- Customs dated the 1st March, 2011 so as to prescribe ‘Nil rate of export duty on Electrodes of a kind used for furnaces

23/2018-Customs dated 2nd  February 2018

8574

Seeks to rescind notification No. 10/2015-Central Excise dated 01.03.2015

1/2018- Central Excise dated 2nd February 2018

8575

Seeks to rescind notification No. 11/2015-Central Excise dated 01.03.2015

2/2018- Central Excise dated 2nd February 2018

8576

Seeks to rescind notification No. 38/2004-Central Excise dated 04.08.2004

3/2018- Central Excise dated 2nd February 2018

8577

Seeks to rescind notification No. 62/2008-Central Excise dated 24.12.2008

4/2018- Central Excise dated 2nd February 2018

8578

Seeks to rescind notification No. 21/2009-Central Excise dated 07.07.2009

5/2018- Central Excise dated 2nd February 2018

8579

Seeks to rescind notification No. 29/2002-Central Excise dated 13.05.2002

6/2018- Central Excise dated 2nd February 2018

8580

Seeks to exempt Additional Duty of Excise (Road Cess), levied under section 111 of the Finance ( No.2) Act, 1998

7/2018- Central Excise dated 2nd February 2018

8581

Seeks to exempt Additional Duty of Excise (Road Cess), levied under section 133 of the Finance Act, 1999

8/2018- Central Excise dated 2nd February 2018

8582

Seeks to amend the notification No. 11/2017 dated 30.06.2017 so as to reduce the rate of Basic Excise Duty (BED) on petrol diesel by Rs. 2/- per litre.

9/2018- Central Excise dated 2nd February 2018

8583

Seeks to exempt duties of excise on the goods falling within the Fourth Schedule to the Central Excise Act, 1944, in excess of amount calculated at the rate of 50%

10/2018- Central Excise dated 2nd February 2018

8584

Seeks to exempt the 5% ethanol blended petrol from the additional duty of excise (road and infrastructure cess) levied under clause 110 of the Finance Bill 2018.

11/2018- Central Excise dated 2nd February 2018

8585

Seeks to exempt the 10% ethanol blended petrol from the additional duty of excise (road and infrastructure cess) levied under clause 110 of the Finance Bill 2018.

12/2018- Central Excise dated 2nd February 2018

8586

Seeks to exempt high speed diesel oil blended with alkyl esters of long chain fatty acids obtained from vegetables oils, commonly known as bio-diesels, up to 20% by volume, that is, a blend, consisting 80% or more of high speed diesel oil from the additional duty of excise (road and infrastructure cess) levied under clause 110 of the Finance Bill 2018.

13/2018- Central Excise dated 2nd February 2018

8587

E-Way Bill Implementation Postponed – Notification on Implementation Date of 1 Feb Rescinded

Notification No. 11/2018 – Central Tax dated 02.02.2018

8588

Rupee Gains 30 paise against Dollar to Rs. 64.50 w.e.f. 2 Feb 2018

Notification No. 11/2018 - Customs (N.T.) dated 01.02.2018

8589

MEP ($700) Removed on Onion Exports

Notification No. 48/2015-2020 dated 02.02.2018

8590

BCD on All Types of Sugar Raised to Schedule Rate 100% from Notification Rate 50%

Notification No. 24/2018 – Customs Dated 06 February 2018

8591

Chana (Chickpeas) in Tariff Item 0713 20 00 Customs Duty Hiked to 40% from 30%

Notification No. 25/2018 – Customs Dated 06 February 2018

8592

Flax Yarn of below 70 Lea Count from China under Anti-dumping Probe on Complaint of Jaya Shree Textiles

Initiation Notification - Case No. OI/3/2018 dated 07.02.2018

8593

Textured Toughened Glass Coated or Uncoated from Malaysia under Anti-dumping Probe on Complaint of Gujarat Borosil

Initiation Notification dated 5 February 2018

8594

GST Show Cause Notice (SCN) Powers upto Rs. 20 lakhs Delegated to Superintendent Level

·     Adjudication only with Jurisdiction Commissioner, Audit or Intelligence Wing can issue only SCN

Circular No. 31/05/2018 – GST dated 9 February 2018

8595

Clarifications of GST on Supply of Services –

·     Accommodation Services

·     Legal Services

·     Elephant/camel Joy Rides

·     Rental Services

·     Health Care Services

·     Oil Exploration and Production Contractors

Circular No. 32/06/2018-GST dated 12 February 2018

8596

DGAD Initiates Dumping Investigation on Meta-Phenylene Diamene-4-Sulphonic Acid (MPDSA) from China on Complaint of Chamunda Inds., Matrushakti and Varahi Intermediates

·     Normal Values Compiled

Initiation Notification dated 24.01.2018

8597

DGFT Suggestions for Shipping Bill Upload on DGFT Server from ICEGATE for MEIS Release

Trade Notice No. 23 dated 06 February 2018

8598

No MIP in Re-export Cases of Pepper Imports under Advance Authorisation

Notification No. 50/2015-2020 dated 05.02.2018

8599

Self Life of Food Products Import under FSSAI 2017 will be earlier of 60% of Remaining Life or Three Months

Notification No. 49/2015-2020 dated 5 February 2018

8600

Tops included with Blouse in SION

Public Notice No. 59/2015-2020 dated 09.02.2018

8601

IEC Registration only at New Jurisdiction in Office Shift Cases

Public Notice 58/(2015-2020) dated 5 February 2018

8602

Motor Cycles in CKD Kits with Engine Transmission and Gear Box in Assembled Form lowered from 30 percent to 25 percent

·     Engine, Transmission and Gear Box is Mounted on Body, Duty Lowered from 60 percent or 75 percent to 50 percent

Notification No. 26/2018-Customs dated 12 February 2018

8603

eSANCHIT Application on All EDI Locations

Instruction No. 02 /2018-Customs dated 7 February 2018

8604

Glass Fibre (Chopped Strand Mat) from China under Anti-dumping Lens again

·     Corning Alleges Circumvention of Import thru Thailand as Value Addition on Second Stage is Absent

·     ASEAN Free Trade Agreement and Origin Certificate may Face the Fire

Initiation Notification (Anti-Circumvention Investigation) dated 12 February 2018

8605

Rupee Falls 35 paise against Dollar to Rs. 64.85 w.e.f. 16 Feb 2018

13-Cus(NT)/15.02.2018

8606

Brazil Circulates Proposal for WTO Investment Facilitation Deal

ABS News Service/15.02.2018

8607

New Safeguard Consultation Requests on US Tariffs, Biodiesel Case Update

ABS News Service/15.02.2018

8608

EU Requests WTO Consultations with Russia on Compliance with Pig Products Ruling

ABS News Service/16.02.2018

8609

Bosnia and Herzegovina Near Finish Line in WTO Accession Talks

ABS News Service/16.02.2018

8610

Original Statutory Forms for Processing the Refunds Must

Circular No. 21 of 2017-18 No.F.3(378)/Policy/2013/1514-1518 Dated 13th February, 2018 (Delhi)]

8611

Crrections in MEIS Rates List

60-PN/15.02.2018

8612

Tariff Value of Crude Palm Oil, Palmolein, Gold and Silver, Brass Scrap, Poppy Seeds Notified

12-Cus(NT)/15.02.2018

8613

Orders of the Supreme Court, High Courts and CESTAT Accepted by the Central Board of Excise and Customs (CBEC) and on which no Review Petitions and SLPs Filed

1063-CBEC/16.02.2018

8614

Directives for Processing of Application for MEIS Claims under Foreign Trade Policy 2015-20

62-PN/16.02.2018

8615

Dhamra and Dighi Seaports Included in Port of Registration for Export Promotion Scrips

61-PN/16.02.2018

8616

DRI can Obtains SDR/CDR Details from Telecom Service Providers under Section 108 of the Customs Act, 1962

CBEC Instruction No. 03 dated 16.02.2018

8617

EU, UK Debate Transition Period Terms as Brexit Negotiations Continue

ABS News Service/17.02.2018

8618

Trudeau, Freeland Make Case for NAFTA As Trade Negotiators Prepare for Next Round

ABS News Service/17.02.2018

8619

GSTN Reforms GSTR-3B Filing

·     Tax Liability will be Shown on Site before Filing

·     Input Tax Credit (ITC) available will be Visible – Taxpayer can Decide ITC Utilisation

·     Draft Return can be Downloaded to Verify Details Offline

·     Auto Fill of Taxes Introduced

ABS News Service/22.02.2018

8620

Indo-Japan CEPA – Rules of Origin – Retroactive Amendments Raised to 12 months from Nine months

14-Cus(NT)/19.02.2018

8621

FTDR Rules Apply to DGSD, Security Exempted, Entry Added to Defence

51-Ntfn/20.02.2018

8622

MEIS Based on HS Code will Bring Great Relief to Exporters: FIEO

ABS News Service/22.02.2018

8623

WTO Informal Meeting to be Held in 19-20 March – 50 Countries Expected to Attend

ABS News Service/22.02.2018

8624

FTDR Rules Apply to DGSD, Security Exempted, Entry Added to Defence

51-Ntfn/20.02.2018

8625

Advance Authorisation, DFIA Bond Redemption Form Amended

·     ANF 4F and 4G Replaced

63-PN/22.02.2018

8626

MEIS Amendments in Shipping Bills for Mistakes in Reward Column with Correct Intend in Description – Cases with LEO from 01.10.2015 to 31.03.2016 – Request for Information

24-TN/21.02.2018

8627

GST Council to Meet on March 10 through Video Conferencing

ABS News Service/23.02.2018

8628

US, EU, Canada See Red on India Raising Pulses Tariff

ABS News Service/23.02.2018

8629

Disputed CENVAT Credit not to be used in GST Regime, Undertaking on Non Utilisation required for Amounts Great than Rs 10 lakhs

Circular No. 33/07/2018-GST dated 23 February 2018

8630

Mechanical Parts of Mobiles (Screw, SIM Sockets and Other Mechanicals) Shifted to 15% from 10% Duty Slab to Promote Domestic Manufacture (PMP – Phased Manufacturing Programme)

27/23.02.2018

8631

Anti-dumping Duty on Ceramic Tableware and Kitchenware (except Knives and Toilet Items) from China – Final Findings

·     No Change in the $1.04 per kg Anti-dumping Duty, Provisional Duty Maintained

04-ADD/21.02.2018

8632

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

·     No Duty in the period of 5 Dec 2017 to 22 Jan 2018

05-ADD/23.02.2018

8633

MPDSA Anti-dumping Investigation – Questionnaire Response Time Extended to 19 March, 2018

F.No. 6/35/2017-DGAD dated 22.02.2018

8634

Customs Claims Clearance Time at Chennai Port Cut to 4.60 days in Jan 2018 from 9.07 days a year back

·     Chairman ask Officers to Refund IGST, Clear Mismatches she advises

DO. No. 08/CH(EC)/2018 dated 23.02.2018

8635

Over Half Developing Countries Implement TFA

ABS News Service/23.02.2018

8636

IGST Refund on Exports

·     Customs Officers given Power for GST Refund in Shipping Bill Invoice Mismatch Cases (Error Code SB005)

·     Scroll Amount to be Sanctioned

·     Exporter to Supply Concordance Table of GST Invoice with Shipping Bill

·     CBEC Claims Rs. 4K crs in Refund Released so far

·     Only 31% of Claims sent to Customs by GSTN

·     Invoice Mismatch between Shipping Bill and GSTR Biggest Problem

·     Shipping Bill No, Date, Port Codes Missing, Amendment thru Table 9 of GSTR-1 Advised

·     Claim is more than GST Paid (Table 3.1(b) of GSTR-3B)

Circular No. 05/2018-Customs dated 23 February 2018

8637

Bank Security for Mega Power Project Excise Exemption in 11/2017-CE dated 30 June 2017 read with 12/2012 dated 17 Mar 2012 will be Released on Proportionate Basis

Circular No. 1064/03/2018-CX DATED 26 February 2018

8638

All Varieties of Onions Export Permitted without any MEP of LC w.e.f 2 Feb 2018 – DGFT Clarifies

Policy Circular No. 04/ 2015-20 dated 26 February 2018

8639

01/2018-CE and 02/2018-CE (Road Cess Rescinding) not to Apply to Goods Manufactured on or before 1 Feb 2018 and Cleared after 2 Feb 2018

17 & 18-CE/23.02.2018

8640

Anti-dumping Investigation on Fluoroelastomers (FKM) from China – Questionnaire Response Time Extended to 10 March 2018

F.No. 6/25/2017-DGAD (Case No 0.1-30/2017) dated 26 February 2018

8641

Zeolite 4A Anti-dumping Investigation – Questionnaire Response Time Extended to 8 March, 2018

F.No. 6/14/2017-DGAD dated 26.02.2018

8642

Desi Chana in Tariff Item 0713 20 00 Customs Duty Hiked to 60% from 40%, Kabuli Chana Continues at 40%

28/01.03.2018

8643

Palm Oil Duty Raised by 14%

·     New Duty on CPO 44% and RPO 54%

·     Desi Chana in Tariff Item 0713 20 00 Customs Duty Hiked to 60% from 40%, Kabuli Chana Continues at 40%

·     New Duty on CPO 44% and RPO 54%

·     Set Top Box Duty Raised to 15% - Item Now in 8529 90

29/01.03.2018

8644

Rupee Falls Rs. 1.25 against Dollar to Rs. 66.10 w.e.f. 2 March 2018

18-Cus(NT)/01.03.2018

8645

Tariff Value of Crude Palm Oil, Palmolein, Gold and Silver, Brass Scrap, Poppy Seeds Notified

17-Cus(NT)/28.02.2018

8646

Two Arrested in Mumbai for False GST Invoices for ITC Credit above Rs. 2 crs under Sec.69 of CGST Act, 2017

ABS News Service/03.03.2018

8647

MNCs Upset on Duty Hikes

ABS News Service/03.03.2018

8648

US to Up Steel Duties to 25%

·     Aluminium may be Hiked to 10%

·     National Security Cited as Ground for Proposed Action under Sec.262 of Trade Expansion Act, 1962

·     EU Upset as Steel from China may be Diverted to its Ports

ABS News Service/03.03.2018

8649

GST Clarifications on Services

·     Bus Body Building

·     Retreading of Tyres

·     Priority Sector Lending Certificates (PSLCs)

·     Activities Carried by DISCOMS

·     Transmission or Distribution of Electricity

·     Guarantee Commission

·     Application Fee

·     Rental Charges against Metering Equipment

·     Testing Fee for Meters/ Transformers

·     Shifting of Meters or Shifting of Service Lines

·     Charges for Duplicate Bill

·     Guaranteeing the Loans

Circular No. 34/8/2018-GST F.No.354/17/2018- TRU Dated 1st March, 2018

8650

Goods in CST Act Refers only to Six Categories Covering Petrol, Diesel, ATF, Natural Gas, Crude and Liquor

Karnataka Circular No. 16/2017/18 No.KSA.GST.CR-16/2017-18 Dated 2nd March, 2018

8651

Clarification on Taxable Services provided by the Member of the Joint Venture(JV) to the JV and Vice Versa and inter se between the members of the JV

Circular No. 35/9/2018-GST dated 3 March 2018

8652

Duty Free Maize in AA must be Exported within Three Months of Import

Public Notice No.64/2015-2020 dated 5 March 2018

8653

CGST Rules 2017 Amended

·     Rule 117. Tax or duty credit carried forward under any existing law or on goods held in stock on the appointed day

·     Rule 138-Information to be furnished prior to commencement of movement of goods and generation of e-way bill

·     Rule 138A-Documents and Devices to be Carried by a Person-in-Charge of a Conveyance

·     Rule 138B-Verification of Documents and Conveyances

·     Rule 138C-Inspection and Verification of Goods

·     Rule 138D-Facility for Uploading Information regarding Detention of Vehicle

·     Forms – GST EWB 01 to EWB 04, INV 01

Notification No. 12/2018 - Central Tax (F. No.349/58/2017-GST) Dated 7th March, 2018

8654

Late Fee of Rs. 10 to be Charged on Delayed Filing of Form GSTR-5A – Notification Rescinded

Notification No. 13/2018 – Central Tax dated 7 March 2018

8655

Mechanism for Time Bound Disposal of Refund Claims by Proper Officers of the Department

Circular No. 1/SOP No.1/2018-GST No. F. 3(129)/Policy-GST/2018 1542-44 Dated: 28th February, 2018

8656

Imports and Exports from Democratic People’s Rep Korea Tightened

52-Ntfn/07.03.2018

8657

Cabinet Approves the Arbitration and Conciliation (Amendment) Bill, 2018

ABS News Service/08.03.2018

8658

WTO Chairpersons for 2018

BS News Service/08.03.2018

8659

GST Deadlines Extended by Another Three Months till June 2018

·     GSTR 3B to Continue for the Time being without Invoice Matching

·     No RCM for the Time Being

ABS News Service/10.03.2018

8660

Data Analytics Shows Major Shortfall in ITC Claims on Import IGST

·     Mismatches between GST Paid and GST Dues Detected

ABS News Service/10.03.2018

8661

Tax Exemptions for Exporters for Six Months till e-Wallet Rolls in on 1 Oct 2018

ABS News Service/10.03.2018

8662

E-way Bill for Inter State from 1 April, Transactions in Intra State Later

ABS News Service/10.03.2018

8663

Marginal Hike for Anti-dumping Duty on O-Acid from China – Final Findings

06-ADD/12.03.2018

8664

New Directions for Hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) 2018 to Replace Old Rules from 1 April, 2018

19-RBI/12.03.2018

8665

Reserve Bank Bans LoUs and LoCs for Imports

·     DGFT Does Likewise for Export LCs!

20-RBI/13.03.2018

8666

Irrevocable Letter of Credit Provisions from HBoP Deleted

65-PN/13.03.2018

8667

Anti-dumping Duty Imposed on Sulphonated Naphthalene Formaldehyde from China

·     DGAD Direct Jumps to Final Findings, No Prelim Findings

07-ADD/13.03.2018

8668

Processing of Refund Applications for UIN Entities

·     To facilitate processing of refund claims of UIN entities, a nodal officer has been designated in each State details of whom are given in Annexure A

·     A monthly report as prescribed in Annexure B is required to be furnished to the Director General of Goods and Services Tax by the 30th of the succeeding month

Circular No. 36/10/2018-GST Dated 13 March, 2018

8669

DGFT Launches Online Payment Facility for Miscellaneous Applications

25-TN/14.03.2018

8670

Lok Sabha Passes Finance Bill Amid Din, without Debate

·     No Amendments proposed on Customs or GST Side, Finance Bill Stays Intact

·     Rajya Sabha has No Power to Amend Money Bill so Finance Bill is Deemed Passed by Parliament

·     Opposition upset over quick passage, dub it as ‘blot on democracy’

ABS News Service/15.03.2018

8671

CBEC Clarifications on Refund on Exports

37-GST Circular dated 15.03.2018

8672

Double Taxation Avoidance Agreement between India and Iran

ABS News Service/15.03.2018

8673

US Challenges India's Export Subsidy Programme at WTO

ABS News Service/15.03.2018

8674

Anti-dumping Duty Imposed on Ofloxacin from China – Final Findings

08-ADD/15.03.2018

8675

Rupee Gains 30 Paise against Dollar to Rs. 65.80 w.e.f. 16 March 2018

19-Cus(NT)/15.03.2018

8676

Tariff Value of Crude Palm Oil, Palmolein, Gold and Silver, Brass Scrap, Poppy Seeds Notified

20-Cus(NT)/15.03.2018

8677

Exports up 4.5% in Feb to $ 25.8 bn

[Press Release [F.No. 1/2/2017-EPL-1] dated 15 March 2018]

8678

New Delhi to Seek 8 years to Phase Out Export Subsidies at WTO

ABS News Service/16.03.2018

8679

Online Application for uploading the supporting documents i.e. e-Sanchit, shall be made mandatory from 01.04.2018

CBEC Website

8680

IGST Refund on Export – EGM Error

CBEC Circular No. 06/2018-Customs dated 16 March 2018

8681

GST Export Refunds

CBEC Press Release dated 16 March 2018

8682

Transaction wise Import Data will be Supplied by DGCIS in Anti-dumping and Safeguard Cases

·     Format for Declaration for Procurement of Transaction wise Import Data

Trade Notice: 07/2018 dated 15 March 2018 - No. 4/08/2018-DGAD

8683

Anti-dumping Duty Notification on Melamine from EU, Iran, Indonesia and Japan Rescinded

09-ADD/19.03.2018

8684

52 Countries Begin Deliberation at Informal WTO Ministerial Meeting in New Delhi

ABS New Service/20.03.2018

8685

Committee Moves Ahead on Multiple Accessions to Government Procurement Agreement

ABS New Service/20.03.2018

8686

United States initiates WTO complaint against India over export subsidy programmes

ABS New Service/20.03.2018

8687

Vijayawada Airport Declared as Customs Airport

21-Cus(NT)/19.03.2018

8688

Separate HS Code for Kabuli Chana (0713 20 10) and Desi Chana (0713 20 20)

·     Other Chickpeas Classified in 0713 20 90

·     40% BCD on Kabuli Chana Continues by SNo. 21A of 50/2017

·     Kabuli Chana Classified in HS Code 0713 20 10

22-Cus(NT)/20.03.2018
Ntfn 31/20.03.2018

8689

Export Duty on Raw Sugar, White or Refined Reduced to Nil from 20%

Ntfn 30/20.03.2018

8690

India Committed to Working within Framework of WTO – Suresh Prabhu

ABS News Service/21.03.2018

8691

Minimum Import Price (MIP) of Below Rs. 500 per kg for Pepper Imports Prohibited – CIF of Above Rs. 500 per kg for Pepper Imports Free

·     No MIP in Re-export Cases of Pepper Imports under Advance Authorisation Scheme (AAS)

53-Ntfn/21.03.2018

8692

Bengal Gram Export Support at 7% under MEIS Notified for Three Months Till 20 June 2018

66-PN/21.03.2018

8693

Metaphenylene Diamine (MPDA) from China - Anti-dumping Duty Extended Till 21 March 2019 in Review

10-ADD/20.03.2018

8694

Kuitun Jinjiang Chemical Industries Lose in New Shipper Review in Melamine Case – Duty in 2016 Notification to Apply with Retrospective Effect

11-ADD/20.03.2018

8695

Anti-dumping Duty on Dimethylacetamide from China and Turkey Notified

12-ADD/20.03.2018

8696

Anti-dumping Duty Imposed on Resorcinol from China and Japan

13-ADD/21.03.2018

8697

Anti-dumping Duty on Monoisopropylamine from China Notified

14-ADD/21.03.2018

8698

Basic Customs Duty Reduced to 5% from 10% on Open Cell for the Mfr of LCD and LED TV Panels

Ntfn 32/23.03.2018

8699

IGST and Compensation Cess Exempted upto 2 Oct 2018 on Import of Goods under EOUs

Ntfn 33/23.03.2018

8700

IGST and Compensation Cess Exemptions under AA Scheme and EPCG Extended Till 1 Oct 2018

54-Ntfn/22.03.2018

8701

IGST and Compensation Cess Exemptions under EOU Scheme Extended Till 1 Oct 2018

55-Ntfn/22.03.2018

8702

Bengal Gram (Desi Chana) under MEIS Scheme – Corrections in Item Description

·     The Words “Desi Chana” Inserted to Correct the Entry

Corrigendum to Public Notice No. 66/21.03.2018 dated 22.03.2018

8703

Flat Base Steel Wheels from China – Anti-dumping Duty Extended for One Year Till 25 March 2019

15-ADD/22.03.2018

8704

Natural Jute Mill and Kreation Global, LLC of Bangladesh Lose in Review in Jute Products Case – Duty in 01/2017-ADD Notification to Apply with Retrospective Effect

16-ADD/23.03.2018

8705

Japan Sees Hope for US Metal Duty Exemptions

ABS News Service/26.03.2018

8706

US Files WTO Challenge Over India Export Subsidy Schemes

ABS News Service/26.03.2018

8707

CBEC Clarifications on Job Work under GST

38-CBEC GST Wing Circular dated 26.03.2018

8708

IGST Refund on Exports

CBEC Circular No. 08/2018-Customs dated 23 March 2018

8709

Amendments to CGST Rules, 2017

·     Principal Challan Endorsement Allowed

·     Anti-Profiteering Authority

Notification No. 14/2018 Central Tax dated 23 March 2018

8710

Notification - E-Way Bill for Inter State Movement from 1 April 2018

Notification No. 15/2018 Central Tax dated 23 March 2018

8711

GSTR-3B Online Filing Dates

Notification No. 16 /2018 Central Tax dated 23 March 2018

8712

Supplies from Unregistered Supplier to Registered Recipient for Intra State Supplies Exemption Extended by three months Till 30 June 2018

Notification No. 10/2018 – Central Tax (Rate) dated 23 March 2018

8713

Payment of Tax under Section 5(4) of IGST Act, 2017 Date Extended to 30 June 2018 from 31 March 2018

Notification No. 11/2018 – Integrated Tax (Rate) dated 23 March 2018

8714

SEZ Exports on Power with DTA Exports

·     SEZ Shipping Bills not Required for MEIS Claim from EDI Ports

67-PN/22.03.2018

8715

DGFT Releases Handbook Procedures for Self Ratification Scheme for SION

·     Scheme applicable only to AEOs Approved by Customs

·     Format for Chartered Engineer Certificate under Appendix 4K Released

68-PN/22.03.2018

8716

Anti-dumping Investigation Terminated on Solar Cells from China, Malaysia and Taiwan

·     Indian Solar Manufactures Association Withdraws Petition

·     Authority Finds Withdrawal without Merit since Domestic Industry Claim further Aggravating Dumping Just a Month Ago on 27 February

·     DGAD Resorts to Sampling Investigation as 155 Exporters Respond

Termination Order Case No. OI- 33/2017 dated 23 March 2018

8717

Port Restrictions for Import of Apples Removed

56-Ntfn/27.03.2018

8718

Directives for Processing of Application for MEIS Claims under FTP 2015-20

26-TN/23.03.2018

8719

Indo-Japan CEPA Concessional Duty on 806 Items Slashed by 0.4%-9% - New Rates Effective from 1 April 2018

Ntfn 34/27.03.2018

8720

Anti-dumping Duty Imposed on Veneered Engineered Wooden Flooring from China, Malaysia, Indonesia and EU

·     EU – US$ 6.91/Sqm; Indonesia – US$ 1.21/Sqm; China –US$0.56/Sqm

17-ADD/27.03.2018

8721

GSTR-1 (Q1 Apr-June 2018) Filing Date Extended to 31 July 2018 for Units upto Rs. 1.5 crs

Central Tax Notification No. 17 dated 28th March 2018

8722

GSTR-1 Monthly Filing Date Extended

·     Apr ’18 to 31 May ’18; May ’18 to 10 Jun ’18; June ’18 to 10 July ‘18

Central Tax Notification No. 18 dated 28th March 2018

8723

GSTR-6 Return Filing for July 2017-April 2018 Extended to 31 May 2018

Central Tax Notification No. 19 dated 28th March 2018

8724

Due Date for Filing Application for Refund under Sec 55 by Specialised Agencies Extended

Central Tax Notification No. 20 dated 28th March 2018

8725

GST Refund Fortnight Extended to Cover 29-31 March Holiday Period

CBEC Press Release dated 28th March 2018

8726

IGST and Compensation Cess Exemptions under AA/EPCG Extended Till 1 Oct 2018 – Amendments in Customs Notifications

Customs Notification No. 35 dated 28th March 2018

8727

Time Limit for Submitting Form GST Tran-2 (under Rule 117(4)(iii)(b) of CGST Rules, 2017) Extended Till 30 June 2018

CBEC Order No. 01 dated 28th March 2018

8728

IGCR Procedure in EOU

Delhi Customs Public Notice No. 03 dated 28.03.2018

8729

Guidelines for Valuation of Second Hand Machinery Imports

·     Seven Agencies Notified for Import Valuation at Delhi Customs

Delhi Customs Public Notice No. 08 dated 15.03.2018

8730

Repairs of Defectives on Re-export Must Follow Hazardous Wastes Rules

·     Import for Re-export Follows the Hazardous Waste Rules. This is for duty exemption cases of temporary import

58-Ntfn /28.03.2018

8731

Seal Skin Import Prohibited

59-Ntfn /28.03.2018

8732

Last Date for Installation of Radiation Monitors at Designated Ports Extended Till 31 Oct’2018

70-PN/28.03.2018

8733

While Sugar Export Opened under DFIA Route by SION E52 Till 30 Sept. 2018

57-Ntfn/28.03.2018

8734

Raw Sugar Import under DFIA Allowed without Late Cut under Para 9.02

69-PN/28.03.2018

8735

Courier Imports and Exports Regulations Amended to Allow MEIS Exports upto Rs. 25,000

·     MEIS Column Included in Shipping Bill

28-Cus(NT)/28.03.2018

8736

All Show Cause Notices (SCNs) and Adjudication Orders in Customs Must be Issued through DIGIT from 1 April 2018

·     Data Entry of SCN and Adjudication Orders in DIGIT by 31 July 2018

CBEC Instruction No. 05 dated 28.03.2018

8737

Roman Jute Mills and SMP International LLC, USA Files for New Shipper Review on Jute Products Anti-Dumping

Initiation Notification - Case No. NSR- 01/2018 - New Shipper Review) dated 27 March 2018

8738

IJMA Alleges Circumvention of Anti-dumping Duty on Sacking Bags of Jute on Sacking Cloth Route

·     DGAD begins Investigation of Complaint

Initiation Notification dated 20 March 2018

8739

E-seals Vendors List for Container Movement with RFID Tags

F.No. 450/188/2017-Cus IV dated 28.03.2018

8740

Insolvency and Bankruptcy Board of India commences conduct of online valuation examinations for registration of Valuers

ABS News Service/31.03.2018

8741

E-way Bill System Rolls on April Fool Day

Ministry of Finance Press Release dated 1 April 2018

8742

Total Rs 17,616 crore of Refunds Issued under GST; 90% of IGST Eligible Claims Approved

·     Rs 9,604 crore - IGST refunds

·     Rs. 5,510 crore - ITC refund by Centre

·     Rs 2,502 crore ITC refund by States

·     Rs 16,680 crore - Duty Drawback

·     Rs 1,833 crore - RoSL

MoF Press Release dated 2 April 2018

8743

E-way Bill System Clarification

·     Only One E-Way Bill Required for Inter State Movement

·     72 hr Clock to Tick only from Driver Detail Filled by Transporter in EWB Part B

Ministry of Finance Press Release dated 31 March 2018

8744

Discussion Paper on Regulation of Fee Payable to Insolvency Professionals

Ministry of Finance Press Release dated 1 April 2018

8745

Phased Manufacturing Programme (PMP) for Three More Mobile Parts Introduced

·     Duty Hike on PCBA, Camera and Connector to 10%

·     Parts and Imports of the Three Parts Exempted for Manufacture

·     Pressure on Industry to Manufacture Mobile as well as their Parts

·     Chargers, Battery, Wired Head Sets and USB, Cable and 27 others already Covered in PMP

Customs Notification No. 36 to 40 dated 2nd April 2018

8746

Mini Show Cause Notice Now Before Proper Show Cause Notice

·     Notice to be issued within two months before the expiry of the last date of issue of notice.

·     Reply to be submitted within 15 days of notice failing which proper notice will be issued

·     Hearing will be within 10 days of receipt of submission by importer.

·     No adjournment allowed

·     Consultation to be concluded within 60 days of intention to issue notice.

29-Cus(NT)/02.04.2018

8747

GSTN Claims Over 2 lakh EWB Issued in First Two Days of Roll Out

MoF Press Release dated 2 April 2018

8748

Rendering of Valuation Services without a Certificate of Registration under the Companies (Registered Valuers and Valuation) Rules, 2017 till 30th September, 2018

Press Release dated 2 April 2018

8749

Export Obligation Discharge Certificate (EODC) Monitoring System for Advance Authorisation and EPCG Goes Online

Trade Notice No- 1/2018-19 dated 4.4.2018

8750

RBI Notifies Foreign Exchange Management (Cross Border Merger) Regulations, 2018

·     Definitions

·     Inbound merger

·     Outbound merger

·     Valuation

·     Miscellaneous

·     Reporting

·     Deemed approval

Notification No. FEMA.389/2018-RB Dated March 20, 2018

8751

Govt Sets Up an IT Grievance Redressal Mechanism to Address the Grievances of Taxpayers Due to Technical Glitches on GST Portal

MoF Press Release dated 4 April 2018

8752

Truck and Bus Tyres from China under Anti-subsidy investigation on Complaint of ATMA on behalf of Apollo, JK Tyres, MRF and Ceat

·     Radial Tyres for Buses and Trucks from China already on Anti-dumping

DGAD Initiation Notification dated 27 March 2018

8753

Ethylene Vinyl Acetate (EVA) Sheet for Solar Module from China, Malaysia, Saudi Arabia, Korea and Thailand under Dumping Investigation on Complaint of Dominant Producer RenewSys India Pvt Ltd

Case No. O.I. 6/2018 - Initiation Notification dated 4 April 2018

8754

New Specified Health Warning on Tobacco Products Packs

Department of Health and Family Welfare Notification dated 26 March 2018

8755

Non-levy of Additional Duty of Customs to Jute Importers from Nepal u/s 28A of Customs Act, 1962

·     No Additional Duty during 17 July 2015 to 15 Dec 2016

30-Cus(NT)/04.04.2018

8756

56 New Airports will become Functional in the Next Few Years, says Suresh Prabhu at Global Logistics Summit

ABS News Service/05.04.2018

8757

Registration Procedure as Registered Valuer with IBBI under Companies (Registered Valuers and Valuation) Rules, 2017

ABS News Service/05.04.2018

8758

Ten More International Courier Terminals Notified in Addition to Delhi and Mumbai

27-Cus(NT)/27.03.2018

8759

Oxytocin Imports Banned

F.No. 394/165/2015-Cus(AS) dated 5th April 2018

8760

Rupee Falls 10 paise against Dollar to Rs. 65.90 w.e.f 6 April 2018

31-Cus(NT)/05.04.2018

8761

Please Issue Speaking Orders on Re-assessment within 15 Days, Orders CBITC

CBITC Instruction No. 07 dated 5th April 2018

8762

Epoxide Resins from China, EU, Korea RP, Taiwan and Thailand on Dumping Investigation on Complaint of Paint Industry Major Producer Atul Limited

·     Grasim Eliminated due to Relation with Alleged Dumping Party

·     Export Price Constructed Except for Thailand

Case No. O.I. 7 /2018 - Initiation Notification dated 4 April 2018

8763

FEMA Transfer of Security by Non Residents Regulations Amended to Allow NRIs to Invest in Air Transport Service in Air India

Notification No. FEMA.20(R)(1)/2018-RB dated 26th March 2018

8764

Export Credit to US$4.50bn to Bangladesh for Infrastructure Development Projects

RBI Circular No. 21 dated 5th April 2018

8765

Budget Session 2018 of Parliament Concludes

Press Release dated 6 April 2018

8766

CBDT Notifies Income Tax Return Forms for Assessment Year 2018-19

Press Release dated 05 April 2018

8767

5% Uniform GST Rate to Apply in All Railway Catering Services in Trains or on Stations

MoF Press Release dated 6 April 2018

8768

Anti-dumping Duty Imposed on Phosphorus Pentoxide from China

19-ADD/06.04.2018

8769

Guangxi Quinzhou Capital Success Chemical Lose in New Shipper Review in Phosphoric Acid Case – Duty in 2013 Notification to Apply

18-ADD/06.04.2018

8770

IT Grievance Redressal Mechanism Setup with GSTN and DG Systems

·     Law Committee to Give Inputs

·     Waiver of Fee and Penalty Allowed

·     Stuck TRAN-1 Cases due to IT Glitches to be Resolved by 30 April

·     GSTR-3B to be Filed by 31 May

Circular No. 39/13/2018-GST dated 3 April 2018

8771

Automatic Acceptance of LUTs without Document for IGST Exemption on Exports

Circular No. 40/14/2018-GST dated 6 April 2018

8772

5% Standard GST on Railway Catering Services under IRCTC

02-GST Order dated 31 March 2018

8773

Lok Sabha Passes Finance Bill 2018

·     Customs and Excise Changes

·     Highlighted Section in Bold letters are the operative part

Customs Ntfn 41 and 42 dated 06.04.2018

Excise Ntfn 19 and 20-CE dated 06.04.2018

8774

Foreign Portfolio Investment Limits in Govt Securities Raised by 0.5% each year

22-RBI/06.04.2018

8775

DGFT Looking to Save MEIS and EPCG from US Attack at WTO

ABS News Service/09.04.2018

8776

Direct Port Delivery in JNPT from Next Month

·     Four Logistics Companies win Bid for 5 Routes

·     1600 Importers to Benefit from the System

PIB Press Release dated 9th April 2018

8777

EWB in Five States Roll Out from 15 April for Intra-State Movement

PIB Press Release dated 10th April 2018

8778

Classification of Solar Panel Equipped with Elements

·     Solar Panels or Modules Equipped with bypass diodes classified in heading 8541

·     Solar Panels or Modules Equipped with Blocking Diodes are in heading 8501

·     Solar Panels or Modules Equipped with Blocking Diodes and Bypass Diodes are in 8501

Instruction No. 08/2018 -Customs dated 06 April 2018

8779

India may Ban Import of Used Plant and Machinery

ABS News Service/10.04.2018

8780

Dry Whey (Mattha) in HS Codes 0404 10 20 and 0404 10 90 Duty Raised to 40%

·     Liquid Whey in Tariff Items 040410 10 and 0404 90 Continues at 30%

Ntfn 43 and 44 dated 10.04.2018

8781

Anti-dumping Duty Imposed on Fishing Net from China (US$2.19/kg) and Bangladesh (US$ 2.69/kg)

20-ADD/10.04.2018

8782

Kerala Advance Ruling on High Seas Sales and Canteen Services

Order No. CT/2275/18-C3 Dated 26th March, 2018

8783

West Bengal Advance Ruling Classification of Skin Care Preparations are Ayurvedic Medicaments

·     Classification of SIKA Block Joining Mortar Product

ABS News Service/11.04.2018

8784

Graphite Electrodes from China – DGAD Initiates MTR Investigation on Complaint of Alloy Steel Producers

·     Users say that Dumping has Stopped, Downstream Industry is Hurt

·     $278 to $922 per tonne of Anti-dumping Duty on Graphic Electrodes Imposed on 13 Feb 2015 on Complaint of HEG and Graphite India

Initiation Notification - Case no. (MTR) 2/2018 -(Mid Term Review Investigation) dated 4 April 2018

8785

IEC Status is OK only if ICEGATE at Customs too Accepts it!

·     IEC data though transmitted by DGFT to ICEGATE (Customs) is not accepted by ICEGATE (Customs) due to some transmission errors

·     Facility has been created to check the current status of IEC application and status of IEC transmission to ICEGATE. The status query is based on PAN used in IEC application made to DGFT.

·     IEC successfully registered at DGFT and accepted by ICEGATE - IEC ready for use

·     If status at Sl no 4 is not indicated, the applicant is requested to check the status of IEC at ICEGATE 3 days after the transmission to ICEGATE at the following link https://www.icegate.gov.in/EnqMod/ and report the problem to Contact@DGFT, if required.

02-TN/11.04.2018

8786

GST on Supply of Food and Drinks in Educational Institutions - Clarification

·     Only 5% GST on Restaurants in Schools and Colleges

·     Direct Supply to Students Exempted

MoF Press Release dated 11 April 2018

8787

India Emerges at Top in Export Growth in 2017 with 13%, China Lags ay 7.9%

·     Engineering Exports Lead Export Revival with (+)25% Growth

ABS News Service/13.04.2018

8788

India Moves Down by One Place in World Service Exports

ABS News Service/13.04.2018

8789

Strong Trade Growth in 2018 Rests on Policy Choices

ABS News Service/13.04.2018

8790

Arrears of Excise, CENVAT to be Recovered under GST Law thru Electronic Ledger or Cash

Circular No. 42/16/2018-GST dated 13 April 2018

8791

UIN Agencies GST Refund Procedure

Circular No. 43/17/2018-GST dated 13 April 2018

8792

Nitrocellulose under DGAD Investigation on Complaint of Sole Producer Nitrex Chemicals

·     Shadow Prices for Normal Value in Brazil and Thailand, Constructed Price for Indonesia

Initiation Notification - (Case No. OI- 09/2018) dated 10 April 2018

8793

Tariff Value of Crude Palm Oil, Palmolein, Gold and Silver, Brass Scrap, Poppy Seeds Notified

Notification No. 32/20 18-CUSTOMS (N.T.) dated 13 April 2018

8794

GST Enforcement Rules Notified

Interception of Conveyances for Inspection in Movement

Circular No. 41/15/2018-GST dated 13 April 2018

8795

Trade Tensions in the Background of IMF-WB Meet

ABS News Service/16.04.2018

8796

Xi Emphasizes China Role in Trade Expansion

ABS News Service/16.04.2018

8797

Requirement for Obtaining PAN card u/s 139A of IT Act, 1961 Eased for Corporate Assesses

PIB Delhi Press Release 14th April 2018

8798

CBDT Invites Comments on Draft Notification Proposing Amendment to Rule 44E, Form 34C, 34D And 34DA as per BEPS Action 5, for Improving Transparency in Tax Rulings

PIB Delhi Press Release 14th April 2018

8799

CBDT notifies the Protocol Amending the Double Taxation Avoidance Convention (DTAC) between India and Kazakhstan

PIB Delhi Press Release 13th April 2018

8800

Edible Oils except Mustard Oil Freed from Export Licensing

·     MEP of $900/MT on Consumer Pack Mustard Oil

01-Ntfn/06.04.2018

8801

Kabuli Chana, Bengal Gram and Other Pulses in 0713 20 in Free List after Amending for Code Changes in Customs Notification

02-Ntfn/16.04.2018

8802

AERB Clearance Must for Import of X-Ray Machines, Tubes and Valves, Radiation Generation and Beam Units

03-Ntfn/16.04.2018

8803

Soda Ash from Russia and Turkey – Anti-dumping Duty Extended for One Year till 16 April 2019 in Sunset Review

21-ADD/17.04.2018

8804

Amendments to CGST Rules, 2017

·     Rule 89 – Application for refund of tax, interest, penalty, fees or any other amount

·     Rule 97 - Consumer Welfare Fund

·     FORM GSTR-10 – Final Returns

·     FORM GST DRC-7 – Summary of the Order

Notification No. 21/2018 – Central Tax dated 18 April 2018

8805

Quarterly Return by Composition Dealers in FORM GSTR-4

Press Release dated 17 April 2018

8806

Environment Ministry Notifies Plastic Waste Management (Amendment) Rules

·     Automated Central Registration System Prescribed

ABS News Service/18.04.2018

8807

Six More States to Roll-out Intra-State E-way Bills from April 20

ABS News Service/18.04.2018

8808

Anti-dumping Duty of $955.27/MT (Rs. 62.08 per kg) Imposed on Glassware from China and Indonesia

·     Shandong Fulong Glass Technology Co Out of the Net

22-ADD/18.04.2018

8809

Remnant Fuel in Ships for Breaking Classified in HS 2710 but Freed from Import Policy Restrictions

09-CBEC/19.04.2018

8810

Rupee Falls 80 paise against Dollar to Rs. 66.70 w.e.f. 20 April 2018

33-Cus-NT/19.04.2018

8811

Environment Ministry Frames New Draft Coastal Regulation Zone Notification

Press Release dated 19 April 2018

8812

India Opens Negotiation Window with US for Exemption from Steel and Al Safeguard Duty

·     Asks for Consultation while Maintaining US Right for Safeguard Duty

·     Claims it Poses No Security Threat to US

ABS News Service/20.04.2018

8813

US to Review GSP for India, Indonesia, Kazakhstan

·     India on Hit List for Withdrawal of Preferences

ABS News Service/20.04.2018

8814

MP and Four Others Roll-out Intra-State EWay from 25 April

Press Release dated 23.04.2018

8815

EWB for “Bill To Ship To” Model of Supplies under CGST Rules, 2017

Press Release dated 23 April 2018

8816

WTO Hosts Forum to Exchange Views on Trade Challenges from Certificates of Origin

ABS News Service/23.04.2018

8817

FSSAI NOC for Food Items

SWIFT Reference Must be mentioned for Non-Food Items Import

61-PN/17.04.2018

8818

Daily Reporting to RBI of Individual Remittances Compulsory

·     Info to be Accessible to All Authorized Dealers

23-RBI/12.04.2018

8819

Customs Scrutiny in EOU Import Applications Introduced in DGEP Circular

10-CBEC/24.04.2018

8820

Anti-dumping Duty Prescribing Minimum Import Value (MIV) in $1150-$1250 range on Methyl Ethyl Ketone (MEK) for Three Years

·     Imports from China, Japan, South Africa and Taiwan Covered

23-ADD/24.04.2018

8821

Draft Notification on LTG in STT Exemption on Company Acquisition Cases Issued

Press Release dated 24 April 2018

8822

China on the Mat at WTO Over Scrap and Waste at WTO

ABS News Service/25.04.2018

8823

Peas Import Restricted for Three Months

04-Ntfn/25.04.2018

8824

Revalidation of AA Issued under 2009 Policy Allowed with Old Conditions

03-TN/25.04.2018

8825

Only Services Categories Notified in Appendix 3D Allowed for SEIS Claim

·     IT Enabled Services are not Eligible for SEIS

04-TN/25.04.2018

8826

Suresh Prabhu Chairs First Meeting of Think Tank on Framework for National Policy on E-commerce

Press Release dated 25 April 2018

8827

Transitional Arrangements Liberalised, Shipping Bills and Bills of Lading Issued before the Policy Change will be Honoured

·     LC Commitments regardless of Date of Export or Import will also be Honoured

05-Ntfn/25.04.2018

8828

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

01-PN/26.04.2018

8829

CBIC Calls for Duty Drawback 2018 Proposals for Rebate of Basic Customs Duty

·     List Councils and Associations in Database

CBIC Circular dated 12.04.2018

8830

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

34-Cus-NT-27.04.2018

8831

Vendors should Register for UIN to Allow Diplomatic Missions to Claim Refund

CBIC Press Release/27.04.2018

8832

Foreign Portfolio Investment Liberalised

·     No Minimum Maturity for G-Secs Investment

·     Corporate Bonds Limit Set at 50% in Portfolio

24-RBI Circular/27.04.2018

8833

ECB Liberalised

·     450 Basis Point above LIBOR Allowed

·     Liability to Equity Rates Raised to 7:1

·     Standard Negative List for All Categories with Bar on Real Estate, Equity Market and Working Capital

25-RBI Circular/27.04.2018

8834

MEIS Rates Raised by 2% on 37 Handicrafts Goods for Six Months from 1 Nov 2017 to 30 Jun 2018

02-PN/01.05.2018

8835

Use Reward Scrip Fully in One Go for Duty Payment Orders ICD Tughlakabad

Customs Public Notice No. 06/2018 dated 26 April 2018

8836

Transfer of Tenancy Rights under GST

Circular No.44/18/2018-CGST dated 2 May 2018

8837

IBBI Invites Comments from Public on the Regulations Notified under the Insolvency and Bankruptcy Code, 2016

Press Release dated 1 May 2018

8838

Foreign Portfolio Investment in Debt Reviewed

26-RBI/01.05.2018

8839

GST Council Recommends End to Invoice Matching

·     GSTR-3B Wins the Final Round

MoF Press Release dated 4 May 2018

8840

GST Council Discusses Change in GST Rate for Digital Transactions and Imposition of Sugar Cess

MoF Press Release dated 04 May 2018

8841

Change in the Shareholding Pattern of GSTN

MoF Press Release dated 4 May 2018

8842

Rupee Falls 80 paise against Dollar to Rs. 67.50 w.e.f. 4 May 2018

35-Cus(NT)/03.05.2018

8843

Banks to give Remittance Detail to DRI, Non Compliance to Attract Penalty

28-RBI/03.05.2018

8844

Monitoring of Foreign Investment Limits in Listed Indian Companies

27-RBI/03.05.2018

8845

Urad and Moong Dal Import Restricted subject to Annual Quota of 3 Lakh MT

·     HS Codes Covering 0713 31 00, 0713 90 10 and 0713 90 90

06-Ntfn/04.05.2018

8846

No Objection Certificate Not Required from Central Drug Standard Control Organization for Drugs Export

34-PN/31.03.2018

8847

Service Tax Applicability of POPS to Development of Software and Services on Software Issued

209-ST Cir/04.05.2018

8848

Used Oil and Mining Equipment on Wheels Allowed Free Import Subject to Re-export or Scrapping

07-Ntfn/08.05.2018

8849

Roman Jute Mills and SMP International LLC, USA Lose in Review in Jute Products Case – Duty in 01/2017-ADD Notification to Apply with Retrospective Effect

24-ADD/07.05.2018

8850

Commerce Minister Addresses First Inter-Ministerial Meeting on Sectoral Export Promotion Strategy

Press Release dated 8 May 2018

8851

PM Approves Safeguard Shift from DoR to DoC in Enhanced Set Up, Named DG Trade Remedies

Press Release dated 9 May 2018

8852

No Pre-Shipment Inspection Certificate Required for Metal Scrap Imports from Six “Safe Countries”

·     Scrap Material Must be Cleared from Six Sea Ports Only

·     Transshipment Cases thru “Safe Countries not Exempt

04-PN/09.05.2018

8853

Krishnapatnam Port Notified for Scrap Import

03-PN/09.05.2018

8854

Last Date for Pharma Track and Trace Export System Extended to 15 Nov 2018

05-PN/09.05.2018

8855

DGFT Asks for Data on Pending Contracts to Determine Peas Quota Available in 1LT Limit

05-TN/09.05.2018

8856

Maize Input Output Norms Suspended

·     120 Days Export Obligation Period Condition Removed for Articles of Precious Metals, Time Restriction for Gem and Jewellery Sectors Continue

·     List of Authorised Agencies for Gold and Silver Imports Revised

06-PN/10.05.2018

8857

DGAD Clarifies Related Party in Anti-dumping Investigation with reference to Customs Valuation Rules, 2007

·     Common Shareholders or Sole Selling Agent included in Definition

DGAD Trade Notice No. 09 dated 10th May 2018

8858

Veneerred Wooden Flooring Definition in Ntfn 17/2018-Customs(ADD) Clarified – Anti-dumping Duty on Veneered Engineered Wooden Flooring from China, Malaysia, Indonesia and EU

25-ADD/10.05.2018

8859

Delhi Customs Issues Procedure for Bonded Trucking Movements from Air Cargo Complex to Jaipur Gems Stone Exchange

Delhi Customs Public Notice No. 11 dated 01.05.2018

8860

Enhanced MEIS Rates Released in Mid Term Review to Continue Beyond 30 June

07-PN/11.05.2018

8861

No Hard Copy for Additional Documents in Import Filing, Image Reference Number to be Quoted in Bill of Entry

·     All Documents for Assessment must be Assessable Online

·     Answer to Queries must be Uploaded on e-SANCHIT

·     No Hard Copies to be Entertained by Customs

ICD Tughlakabad Public Notice No. 08/2018 dated 10.05.2018

8862

Licence and Scheme Sub Group VII Discontinued in Customs

·     Group Allocation from 1 to 6 on the Classification of Highest Value Item

ICD Tughlakabad Public Notice No. 07/2018 dated 10.05.2018

8863

DGFT Invites Applications from Dal Millers for Quota Allocation of Toor, Arhar, Urad and Moong

·     Last Date for Application 25 May, Quota to be Released on 1 June, Imports to be Completed by 31 August

06-TN/11.05.2018

8864

Customs to Promote Exports thru Post from All Foreign Post Office in India

·     DHL and Amazon Taking Lead

Press Release dated 12 May 2018

8865

Bill of Entry (Electronic Integrated Declaration and Paperless Processing) Regulations, 2018 Notified

36-Cus(NT)/11.05.2018

8866

Effective Date and Time of Notification in Force- Clarification

D.O. No. 356/4/2018-TRU dated 19.04.2018

8867

Tramadol Notified as Psychotropic Substances under NDPS Act, 1985

JNCH Public Notice No. 73/2018 dated 08.05.2018

8868

Fixation of Ad-hoc Norms for Chemical under Advance Authorisation Application on Self-Declaration Basis

·     Technical Details and Data Sheet for Advance Authorisation Application on Self Declaration under paras 4.04& 4.07 of HBP Must

DGFT Trade Notice No. 07/2018019 dated 14.05.2018

8869

Advance Authorisation can be issued without Ad-hoc Norms also

·     Wastage Norms to be Decided by DGFT

·     Deemed Exports to be accepted for Discharge of Export Obligation

·     Tax Invoice accepted as Evidence of Deemed Exports

·     Advance License for Annual Authorisation in Ad-hoc Norms also

·     ANF 4F and 4G Amended

09-PN14.05.2018

8870

Customs Brokers Licensing Regulations, 2018 Notified

41-Cus(NT)/14.05.2018

8871

Sea Cargo Manifest and Transhipment Regulations, 2018 Notified

·     Previous Three Regulations Merged into One Regulation

38-Cus(NT)/11.05.2018

8872

Late Fee on Filing of GSR-3B for Non-Filers of TRAN-1 before 17 Dec 2017

22-CT/14.05.2018

8873

EWB Roll Out in Assam (16 May) and Rajasthan (20 May) for Intra State Movement of Goods

MoF Press Release dated 14 May 2018

8874

Anti-dumping Duty on Peroxosulphates from China Extended by One Year to 14 May 2019 in Sunset Review

26-ADD/14.05.2018

8875

Gemological Institute of America (GIA), Israel and Japan Notified for Certification/Grading of Diamonds of 0.25 carat and above

08-PN/14.05.2018

8876

Peas (Pisum Sativum) Import Restrictions is Effective from 25 April 2018 Only

·     No registration with DGFT is required for shipments with Bill of Lading prior to 25th April, 2018

10-TN/16.05.2018

8877

Import of 150K MT Pigeon Peas (Chana) from Mozambique under MoU Allowed in 2018-19

09-TN/16.05.2018

8879

Validity Period of Duty Credit Scrips Issued under Chapter 3 Raised to 24 Months Applies to All Scrips under Ch.3 of FTP Irrespective of the FTP Period

08-TN/15.05.2018

8880

April Exports Jump 5.17% to $25.91bn, Imports Rise 4.6%

MoC&I Press Release dated 15 May 2018

8881

April Exports Show Modest Growth, Downward Trend in Labour-Intensive Sectors Keeping the Growth Down to Single Digit, President, FIEO

FIEO Press Release dated 15 May 2018

8882

Kerala E-way Bill Notification

Notification No. 3/2018 - State Tax, C1-21187/2017-Part (1), Dated 14th May, 2018

8883

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

42-Cus(NT)/15.05.2018

8884

Rupee Falls Re. 1.15 against Dollar to Rs. 68.65 w.e.f. 18 May 2018

43-Cus(NT)/17.05.2018

8885

Samples Testing Laboratories Enlarged

11-CBIC/17.05.2018

8886

Clarification on Import of Sugar from Pakistan

MoC&I Press Release dated 16 May 2018

8887

New Biofuels Policy Allocates ₹5,000 cr for 2G Ethanol Plants

·     Expands Range of Feedstock Available for Fuel Production

ABS News Service/17.05.2018

8888

Anti-dumping Duty Imposed on Ceramic Rollers from China on Complaint of Futura Ceramics

27-ADD/17.05.2018

8889

Creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce

MoC&I Press Release dated 17 May 2018

8890

Strong Trade Growth Continues but Momentum May Soften in Q2, Trade Indicator Suggests

ABS News Service/18.05.2018

8891

US, China Continue Trade Talks, Including on Telecoms Sanctions Row

ABS News Service/18.05.2018

8892

Appellate Body Issues Mixed Ruling on Compliance in EU Aircraft Subsidies Case

ABS News Service/18.05.2018

8893

CBIC Chairman Claims DPD (Direct Port Delivery) upto 46% in April 2018

ABS News Service/18.05.2018

8894

Peas Import Restrictions – DGFT Clarification on Advance Payment in Transitional Arrangement means Full Payment – Part Payment Cases of Advance is not Covered under Past Commitments

Trade Notice No. 12/2018 dated 18 May 2018

8895

GSTR-3B Filing Date Extended by Two Days to 22 May 2018 for the month of April 2018 since 20 May is a Sunday

Notification No. 23/2018 – Central Tax dated 18 May 2018

8896

Mandatory Digital Payment through e-MPS Extended to 1 June 2018 to where Digital Signature not Available

DGFT Trade Notice No. 11/2018 dated 18 May 2018

8897

Parcel Cargo Express Train (PCET) Begins Operation, Connecting Northeast to the West Coast

·     A single PCET can carry consignment equivalent to 52 nos. of trucks

Ministry of Railway Press Release dated 18 May 2018

8898

Anup Wadhawan (former DGFT) to Take Over as Commerce Secretary from Rita Teotia on 31 July

ABS News Service/18.05.2018

8899

Six Officers Promoted to Principal Chief Commissioner Rank

ABS News Service/18.05.2018

8900

Excess Export Obligation can be Set off against Deficient Obligation to Maintain Average – EO Default in EPCG to be Regularised

10-PN/22.05.2018

8901

Only Actual Service Providers in Ports will get SEIS, mere Routing through Intermediaries not Eligible

06-Pol.Cir/22.05.2018

8902

Non Utilisation of Quota in Indo-Sri Lanka FTA will Result in Black Listing for 3 Years

13-TN/22.05.2018

8903

Product Specs Amended in Flax Yarn Anti-dumping Case

File No 6/3/2018-DGAD – Clarification dated 22.05.2018

8904

Ductile Iron Pipes from China –Sunset Review Investigation Application Fails

·     Low Volume Imports of PVC unlikely to Cause Injury, Finds DGAD

F.No. 7/18/2018-DGAD dated 17.05.2018

8905

Mangalore Emerges as Strategic Oil Reserve Point for Abu Dhabi

Ministry of Petroleum & Natural Gas Press Release dated 21 May 2018

8906

Wheat Duty Raised to 30%

·     Smuggling Prone Items Shelled Almonds, Walnuts, Protein Concentrates Duties Hiked, Unofficial Smuggling to Rise

Ntfn 45 & 46 dated 23.05.2018

8907

Port Workers Union Calls for All India Strike on Monday, 30 May

ABS News Service/24.05.2018

8908

First Arrest under GST in Shahdara

·     Fault Invoices for ITC of Rs. 28 crs Issued

·     Post Remarks Accused to Judicial Custody

Press Release dated 24 May 2018

8909

Duty Means Basic Duty in FTP, Does not Include IGST

07-Pol.Cir/23.05.2018

8910

No Physical Signature of Customs Officials Required in Documents

09-PN/18.05.2018

8911

India Goes into Formal Consultation Move with US on Safeguards of Steel and Aluminium

ABS News Service/24.05.2018

8912

India Wants Source of Biological Resources in Patent Applications, Seeks Amendments in TRIPS

ABS News Service/24.05.2018

8913

E-Way Bill Movements within States Adopted in Maharashtra and Union Territories from 25 May

MoF Press Release dated 24 May 2018

8914

Individual and Proprietors Eligibility for SEIS Broadened to Set US$10,000 Earnings in any Order

DGFT Notification No 8/2015-2020 dated 24 May 2018

8915

Onions MEIS Raised to 5% from 3%

DGFT Public Notice No. 11/2015-2020 dated 24 May 2018

8916

On-site Post Clearance Audit Regulation Replaced with Customs Audit Regulations

·     In the general case audit to be non-intrusive, Premises of Auditee to be in Select Cases

·     Assistance of CA or Computer Expert can be used by Customs

·     Audit Allocation Regulations and Premises Defined

Notification No. 45/2018-Customs (N.T.) dated 24 May 2018

8917

Deputy Commissioner given Powers to Audit

Notification No. 44/2018-Customs (N.T.) dated 24.05.2018

8918

Anti-dumping Duty Imposed on Saturated Fatty Alcohols from Indonesia, Malaysia and Thailand

·     Duty Ranges: $7.10/MT; $17.64/MT; $22.50/MT; $37.65/MT; $52.23/MT; $92.23/MT

28-ADD/25.05.2018

8919

Anti-dumping Duty on Ammonium Nitrate Fertilizers from Russia – Corrections in Exporters Name as Euro Chem Trading GMBH Through Rawfert Offshore Sal, Lebanon

29-ADD/25.05.2018

8920

DGAD Initiates Sunset Review Investigation on Paracetamol from China on Complaint of Sri Krishna Pharma Hyderabad and Farmson Pharma Vadodara

Notification Initiation (Sunset Review) dated 24 May 2018

8921

Silver Jewellery and Silver Articles Drawback Rates Reduced to Rs. 2851 per kg from Rs. 3513.8 per kg

46-Cus(NT)/25.05.2018

8922

Cases Below Rs. 2.5 lakhs not to be Filed for Appeal with Commissioner in Central Excise & Service Tax Matters only

CBIC Instruction dated 25 May 2018

8923

CBIC Clarifies IGST will be Collected only at Final Point of Warehousing

IGST Circular No. 3/1/2018-IGST dated 25th May, 2018

8924

Haryana Govt Issues Guidelines for Refund Processing under HGST Act - Standard Operating Procedure for Manual Application and Processing

Circular Memo No. 1645/GST-III, dated 25th May, 2018

8925

India to Attend WTO Members Meet in Paris

ABS News Service/28.05.2018

8926

Samples, Trimmings and Embellishments Duty Free Quota Raised for Handlooms and Handicrafts, Leather and Marine Sectors

·     EPCH Allowed to Import for Members

·     Features of 2009-14, 1B of FTP Revived

DGFT Notification No 9 /2015-2020 dated 28 May 2018

8927

Priority Sector Lending Covered under Reverse Charge Mechanism

Notification No. 11 and 12/2018-Central Tax (Rate) dated 28 May 2018

8928

NACIN to Conduct Exam for GST Practitioners

Notification No. 24 /2018 – Central Tax dated 28 May 2018

8929

Land Leasing for Agriculture by Farmers are in Support Services, No GST

MoF Press Release dated 28 May 2018

8930

No E-Way Intra-State in Goa but for 22 Items, Only Four Docs Required

Notification No. CCT/26-2/2018-19/36, Dated 28th May, 2018

8931

Five Agencies Allowed to Issue Non Preferential Origin Certificate

DGFT Public Notice No.12/2015 – 2020 dated 28 May 2018

8932

Export Refunds Held up in GSTN Due to Non Declaration of Goods as Export Supply to be Cleared on Auto Mode by Customs

·     Special Refund Fortnight from 31.05.2018 to 14.06.2018

45-CBIC GST Wing Circular/30.05.2018

8933

Pending IGST Refund Claims

12-CBIC Circular/29.05.2018

8934

Ambulance Services provided by Private Parties to the Government is Exempted from GST under National Health Mission

210-CBIC Service Tax Wing Circular/30.05.2018

8935

Customs Authorised Officers may Clear Food consignments for Non-FSSAI Stations

·     39 Airports, 104 Seaports, 140 ICDs and 113 Land Customs Stations

CBIC Instruction No. 10/2018-Customs dated 29 May 2018

8936

USTR for Zero Duty on Harley Motor Cycle, Raise Demand at Upcoming Meeting with Suresh Prabhu

ABS News Service/31.05.2018

8937

FIEO Hopes for Growth of $350 bn in Exports in 2018-19 based on Rupee Devaluation and Revival or Demands, Rise in Petrol Prices

FIEO Press Release dated 29.05.2018

8938

Solar Plants is Composite Service @18% GST or @5% as Independent Service

ABS News Service/31.05.2018

8939

Going Concern Sale. – It is not Transfer of Goods – Only Supply of Service

ABS News Service/31.05.2018

8940

India Mobilises Over 100 to Amend TRIPS, Patents to Disclose Source of Genetic Resource

·     International Conference on the TRIPS CBD Linkage 7-8 June 2018 in Geneva

ABS News Service/31.05.2018

8941

Dispute Settlement Panel Set-up on India’s Subsidy Case on US Complaint

·     Nine Countries including, EU, China, Japan, Korea, Russia and Sri Lanka Implead themselves in Case as Third Party

·     Shadow Over MEIS Future, India Case on Export Subsidy under Article 4.4 of Anti-Subsidy Agreements Weak

·     Final Findings can be used by Government’s to Impose Countervailing Duty on Indian Exports, Action at WTO likely to be inconclusive since Appellate Body System under Virtual Collapse following Disputes Over Member Selection

ABS News Service/01.06.2018

8942

DGFT Releases Procedure for Grand of MEIS in Project Exports under Chapter 98 of ITC(HS)

14-TN/30.05.2018

8943

Janata Jute Mills Allowed Provisional Assessment on Application for New Shippers Review, Final Duty only after Completion of Review

30-ADD/30.05.2018

8944

Aman Jute Fibrous Ltd and IB Jute Corporation Allowed Provisional Assessment on Application for New Shippers Review, Final Duty only after Completion of Review

31-ADD/30.05.2018

8945

Eight More Jurisdictions Notified for E-way Bill for Intra-State Movements, Punjab to Start from 1 June, Tamil Nadu 2nd June and West Bengal 3rd June

CBIC Press Release dated 31 May 2018

8946

Input Service Distributors to File GSTR-6 by 31 July for July 2017-June 2018 Period

25-CT/31.05.2018

8947

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

47-Cus(NT)/31.05.2018

8948

Labelling Deficiencies in Food consignments can be Rectified in Customs Bond

No. 1-1570/FSSAI/Imports/ 2015 dated 22 May 2018

8949

Foreign Flag Ships Allowed to Carry Transshipments Containers between Indian Ports (Cabotage)

ABS News Service/01.06.2018

8950

Section 407 of Merchant Shipping Act Relaxed, Foreign Flag Ships can Carry Local Agri Cargo to the expenses of 50% of Total Cargo

General Order No. 1 of 2018 dated 21 May 2018

8951

Indian Shipping Protests against Allowing Cabotage to Foreign Flag Ships

·     Indian Ports and Terminals under Death Sentence as Foreign Terminals in India Line up with Foreign Ships

General Order No. 02 of 2018 dated 22 May 2018

8952

E-Transfer for Inspection Fees from Food Importers

·     Inspection Fees for Food Consignments

File No.1-397/FSSAI/Imports/ 2013 (Part 1) Dated 8 January 2018

8953

Containers Stuffing for Perishable Cargo in Reefer Containers under Customs Supervision at Exporters Premises Allowed

·     Non-perishable Cargo in Self Sealing under RFID Seal Must

CBIC Circular No. 13/2018-Customs dated 30 May 2018

8954

Anti-dumping Duty Lifted on Digital Offset Printing Plates from China after Negative Findings in Sunset Review

32-ADD/01.06.2018

8955

Anti-dumping Duty on Hydrogen Peroxide from Korea, Thailand and Three Others Raised by $15/MT in Review Findings

33-ADD/01.06.2018

8956

Macron Calls for Comprehensive WTO Reforms

ABS News Service/02.06.2018

8957

Mexico May Retaliate in Trade War

ABS News Service/02.06.2018

8958

Trump's Tariff Hits EU, Canada and Mexico, along with China

ABS News Service/02.06.2018

8959

US Launches New Trade Probes into Auto Imports

ABS News Service/02.06.2018

8960

CBIC Clarifications on Procedure for E-commerce Exports thru Post and Personal Imports

CBIC Circular No. 14/2018-Customs dated 4 June 2018

8961

Exports by Post Regulations, 2018 Notified

Forms I and II

Notification No. 48/2018-Customs (N.T) dated 4 June 2018

8962

Clearance of Goods through Foreign Post Offices

CBIC Instruction dated 04 June 2018

8963

IGST Refund on Export

CBIC Circular No.15/2018-Customs dated 6 June 2018

8964

Online Payment thru e-MPS, No Need for Digital Signature

Login in e-MPS using with PAN

DGFT Trade Notice No. 15/2018 dated 04.06.2018

8965

Baba Kalyani Heads Group to Study SEZ Policy

ABS New Service/06.06.2018

8966

Commerce Minister Attends Informal Gathering of WTO in Paris

ABS New Service/06.06.2018

8967

Draft Regulations for Provisional Assessment (PA) under Sec 18(2) of Customs Act, 1962 Issued

·     Documents to be provided within One Month for PA, Assessment within Two Months

·     Demand for Documents Only in One Go, No Piecemeal Demand

·     Exporters or Importers to be Liable for Penalty of 50K for Contravention, No Penalty Prescribed for Customs

·     Budget Amendments to Section 28 of CA, 1962 for Pre-Notice Consultation before issue of Demand, Supplementary SCM can be Issued, Compulsory Adjudication within Six Months in a Normal Case

CBIC Draft Circular

8968

Sugar Price Control Order Released

·     No Sale of Sugar below Rs. 29/kg at Factory Gate Allowed

·     Stock Level to be Determined by Government

·     Search and Seizure powers under Criminal Procedure Code to Government Officers

Ministry of Consumer Affairs, Food & Public Distribution Press Release dated 07.06.2018

8969

Moulds and Dies for Job Work without Consideration not Liable to GST

·     Goods Supply and Services Supply Shown Separately in Invoice will not be Treated as Composite Supply

·     In Tea Auction, Separate Accounts to be Maintained by Principal and Auctioneer with Input Tax Credit Facility

·     E-way Bill Required at Delivery Point in Rail Transport Case

·     EWB Required in All Transit Cases

·     No EWB for Same State Movements from DTA to SEZ or SEZ to DTA

Circular No. 47/21/2018-GST F. No. CBEC- 20/16/03/2017-GST Dated 8th June, 2018

8970

Sale into DTA for Job Work as well as Waste Recovery in Movements to DTA from EOU not covered under 50% quota, Full movement allowed, Only GST to be Paid under para 6.08(a) of FTP

10-Ntfn/07.06.2018

8971

DGFT Loses Case on MEIS under Heading 8481, MEIS to be Paid in all Goods in Heading, Whole Heading and not only Parts of Bicycles

16-TN/07.06.2018

8972

DGFT to Hold Export Obligation Discharge Fortnight in EPCG and AA cases, Special Camp in Nine Locations to Give on the Spot Clearance

17-TN/07.06.2018

8973

All Transferable Scrips to Attract 12% GST, Full Exemption on Exim Scrips. Residual Rate of 18% Not to Apply

Circular No. 46/20/2018-GST dated 6 June 2018

8974

Rupee Gains 80 paise against Dollar to Rs. 67.85 w.e.f. 8 June 2018

49-Cus(NT)/07.06.2018

8975

DGTR Takes Powers to Impose Anti-circumvention Anti-dumping Duty on O-Acid from China

Addendum to Initiation Notification (Anti-Circumvention Investigation – [AC] 02/2018) dated 1 June 2018

8976

Comments on Changes in Inclusion of Inland Freight in NIP (Non Injurious Price) Calculation Invited

·     Anti-subsidy Rules under Amendment to Delete Cases of Wastage and Backward Area Subsidies

Directorate General of Trade Remedies

8977

RBI Tightens FDI Reporting

·     ECB-2 Return Amended for Monthly Returning on ECB Hedge Costs in Exposures

29-RBI/07.06.2018

8978

Draft Single Master Form for FII Reporting Released

·     Violations of Reporting will be Treated as FEMA Offences

30-RBI/07.06.2018

8979

Surat Airport Notified for Baggage Clearance

51-Cus(NT)/08.06.2018

8980

Modi Woos Singapore Grants Trade Concessions in ASEAN FTA for ASEAN Membership

ABS News Service/11.06.2018

8981

China Opens Market for Non-Basmati Rice from India in Modi Visit

ABS News Service/11.06.2018

8982

EU Commission Outlines Potential Farm Subsidy Cuts in 2021-2027 Proposals

ABS News Service/11.06.2018

8983

Port Restrictions Lifted for Natural Rubber Imports under Advance Authorization

11-Ntfn/12.06.2018

8984

Indian Mackerel Fish (Aiyla) MEIS Raised to 7% with Retrospective Effect from 1 Nov 2017

·     Only Mackerel with HS Codes 030249 and 030359 Eligible

13-PN/12.06.2018

8985

Assistant and Deputy Commissioners can Adjudicate in Confiscation Cases below Rs. 10 lakhs

CBIC Circular No. 16 dated 08.06.2018

8986

Prabhu Lands in US, Chats with USTR on Trump Agenda

MoC&I Press Release dated 13 June 2018

8987

Special Refund Fortnight Extended till 16 Jun 2018

MoF Press Release dated 12 June 2018

8988

China Gets Everything It Wanted From Trump's Meeting with Kim

ABS News Service/13.06.2018

8989

North Korea Says Trump Agreed to Lift Sanctions after Meeting

ABS News Service/13.06.2018

8990

CGST Rules, 2017 Amended

New Forms Prescribed for Fortnightly Return in Composition Revenue and Refund Applications RFD-01

26-CT/13.06.2018

8991

Disposal within One Month Notified for Seized Goods under Section 67(2) of GST Act

27-CT/13.06.2018

8992

DGTR Initiates Sunset Review Investigation on Nonyl Phenol from Taiwan on Complaint of SI Group

Initiation Notification SSR-10/2018 (Sunset Review) dated 12 June 2018

8993

Low Value Postal Exports Allowed under Single Shipping Bill PBE-II for Single Payment Shipments thru e-Commerce Portals

CBIC Circular No.18/2018-Customs dated 13 June 2018

8994

Board Withdraws Circular 16/2018-Customs on Revised Adjudication Powers of Commissioners for Confiscated Goods to Avoid Further Delay

Circular No. 17/2018-Customs dated 13 June 2018

8995

Karanja Terminal (Mah) Notified for Unloading Imported Goods and Loading Export Goods

Notification No. 52 /2018- Customs (N.T.) dated 13 June 2018

8996

Soyabean Oil Duty Raised to 35% from 30%

·     CPO to Continue at 54%, No Change

·     Other Oils also Up by 5 to 10 percent

47/14.06.2018

8997

Services to SEZ will be Treated as Inter-State Supply to be Covered under IGST

·     Services Supply to SEZ Unit will be Treated as Zero Rated Supply only for Authorised Operations of Unit

·     Fabric Processors as Job Workers can Get Refund of Inverted Duty since they are in Services Sector

·     Inverted Duty Provision under Section 54(3) of CGST is Only for Goods

Circular No. 48/22/2018-GST dated 14 June 2018

8998

Change of Email and Mobile Number of the Authorized Signatory by Taxpayers with Assistance from the Jurisdictional Tax Officer

CBIC Press Release dated 14 June 2018

8999

Corrigendum to Public Notice No. 09 dated 14.05.2018

Corrigendum dated 14 June 2018

9000

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

53-Cus(NT)/14.06.2018

9001

Place of Removal is with reference to Point of Sale of Manufacturer and not in Relation to Buyer,  Excise Circular of 20.10.2014 Amended

·     Cenvat Credit not Available on Transport from Seller to Buyers Premises, New Show Cause Notices Outside Limitation Period not to be Issued as Supreme Court Judgement is only Interpretation

CBIC Circular No.1065/4/2018-CX dated 8 June 2018

9002

Saccharin from Indonesia under DGTR Investigation on Complaint of Swati Petro Products

·     Indian Costs to be Used for Calculated Normal Value in Indonesia

Initiation Notification Case No. (O.I.) 10/2018 dated 14 June 2018

9003

RFID OTL (One Time Lock) to Replace Conventional OTL in Warehouse Movements too on Lines of Exports

·     RFID No Must in Shipping Documents

·     Procedure not to be Applied on Duty Free Shops

CBIC Circular No. 19/2018- Customs dated 18 June 2018

9004

Security Transfer by FPI

A.P. (DIR Series) Circular No. 31 dated June 15, 2018

9005

Exports Bounce Back Showing 20% Growth in May Over Previous Year

·     Petroleum Products, Chemicals, Pharma, Cotton and Engineering Goods Lead, Garments Fall by 12.6%

ABS New Service/19.06.2018

9006

Transporters can Get Unique Common Enrolment Number (UCEN) to Substitute Multiple GSTIN for Different States

·     New Form GST ENR-02 Released

28-CT/19.06.2018

9007

South African Rand Exchange Rates

54-Cus(NT)/19.06.2018

9008

PAN Mandatory for All Remittances under Liberalised Remittance Scheme

32-RBI/19.06.2018

9009

Krishi Kalyan Cess on Imported Coal Eligible to ITC?

·     No Clean Energy Cess Eligible to ITC under Dispute

·     Cesses can be Subsumed Only under Transitional Credit and Not ITC

ABS News Service/20.06.2018

9010

India Claims GSP as a Matter of Right under MFN Clause of WTO

ABS News Service/20.06.2018

9011

USTR Issues List of $50bn Chinese Products for 25% Tariff

Another List of $16bn on the Anvil

ABS News Service/20.06.2018

9012

Indian Government to Slap Enhanced Tariff on US from 4 August

·     Retaliation against US Measures on Indian Exports of Steel and Aluminium

·     5 to 10% Hike on Almonds, Walnuts, Apples, Phosphoric Acid, Boric Acid along with Lab Reagents, Chemical Mixtures, and some Steel Items

·     Schedule Rate on 30 Tariff Lines Notified by Emergency Powers to Amend Customs Tariff Act, 1975, Government uses Special Powers to By-Pass Parliament

·     Effective Rates Maintained by Exemption Notification for All Countries other than US

·     Pulses also Affected but Nominal Import from US

·     India, China, EU, Canada, Mexico, Join together in Trade War with US, Japan to Follow Soon

·     Duty on Mechanical for Mobile Phones Raised to 25% from 15%

Ntfn 48 and 49/20.06.2018

9013

New Cigarette Labelling Text Postponed to 31 August 2018

CBIC Circular No. 20/2018-Customs dated 20 June 2018

9014

Govt Claims IGST Refund of Rs. 6087 Crs by Mid June in Special Refund Fortnight Week, Total Refunds of Rs. 38062 crs Sanctioned till 16 June

Min of Finance Press Release dated 20 June 2018

9015

E-way Bill Simplified, Inspection to be Completed in “Three Continuous Days” and not “Three Working Days”

·     Only Single Verification of Conveyance in Each State, Multiple Inspection by Different Agencies not Allowed

·     Hard Copies of Documents Attached by the Agencies will be Accepted by Other Tax Authorities, No Separate Authority-to-Authority Communication Required

·     Detention only for Portion of Suspected Goods Violating GST, Entire Consignment not to be Detained

·     Date Format Introduced in Release Order in GST MOV-05

49-GST/21.06.2018

9016

Maldives Quota for Food in 2018-19 without Export Restrictions for Whole Year Released

12-Ntfn/20.06.2018

9017

Only Single DFIA Application for All EDI Ports

·     Non-EDI Ports, however, Require Separate Application for Each Port

13-Ntfn/20.06.2018

9018

Separate Development Commissioners Listed for Seven Private SEZs, Jurisdiction of DGFT Regional Authorities Updated

14-PN/20.06.2018

9019

Payment Receipts and SFIS Entitlement for Steamer Agents and Port Trust Clarified

08-Pol.Cir/21.06.2018

9020

No Physical Copy of Negative List Licences to Head Quarters Required, Applications only thru Email

18-TN/20.06.2018

9021

Rupee Falls by Rs. 1.25 against Dollar to Rs. 69.10 w.e.f. 22 June 2018

55-Cus(NT)/21.06.2018

9022

Customs Loses Power to Interdict Patent Violating Goods at the Border

56-57-Cus(NT)/22.06.2018

9023

India Extends Ban on Milk and Milk Products from China for Six Months Till 23 Dec 2018

14-Ntfn/22.06.2018

9024

16 More Steel Products Brought under Quality Control Order Covering Overall 85-90% Steel and Steel Products

Ministry of Steel Press Release dated 24.06.2018

9025

Government Boost to Manufacturers, Eases Import of Used Machinery

ABS News Service/25.06.2018

9026

Shandong Haohua Tire Allowed Provisional Assessment on Application for New Shippers Review, Final Duty only after Completion of Review

Notification No 34/2018-Customs (ADD) dated 25 June 2018

9027

Delay in Recovery Proceedings

·     The recovery of arrears should be properly reflected in the Monthly Performance Reports (MPRs) on the DDM portal (www.cbecddm.gov.in)

CBIC Circular No. 1066/5/2018-CX dated 26 June 2018

9028

Baba Kalyani Heads Group to Study SEZ Policy Holds its First Meeting in Mid-July

ABS News Services/27.06.2018

9029

Livestock Export from Nagpur Airport to Begin This Month

ABS News Services/27.06.2018

9030

Visa Exemption to Foreign Designers in Handicrafts Sector

ABS News Services/27.06.2018

9031

Farmers to Pay the Price of Tariff Fight with Trump

ABS News Services/27.06.2018

9032

Canada is Preparing Steel Quotas, Tariffs on China and Others

ABS News Services/27.06.2018

9033

Supplies from Unregistered Supplier to Registered Recipient for Intra State Supplies Exemption Extended by three months Till 30 Sept. 2018

Notification No. 12/2018 – Central Tax (Rate) dated 29 June 2018

9034

Payment of Tax under Section 5(4) of IGST Act, 2017 Date Extended to 30 September 2018 from 30 June 2018

Notification No.13/2018– Integrated Tax (Rate) dated 29 June 2018

9035

28th GST Council Meeting to be Held on 21 July 2018

ABS News Service/29.06.2018

9036

DGTR Initiates Sunset Review Investigation on DASDA from China following Complaint of Deepak Nitrite

Initiation Notification Case No. (SSR) -12/2018 dated 26 June 2018

9037

DGFT Notifies Revised ANF-3B for SEIS Applications

Public Notice No. 15/2015-2020 dated 28 June 2018

9038

Supplementary Claims under Chapter 3 Reward Schemes Disallowed with or without 2% Late Cut on Entitlement

DGFT Public Notice No. 16/2015-2020 dated 28 June 2018

9039

Deduction of TDS in GST Suspended for Three Months till 30 Sept 2018

Press Release dated 29 June 2018

9040

One Year of GST

CBIC Press Release dated 30 June 2018

9041

Rakesh Agarwal from GST Council Selected for Award

F.No. 503/25/2018-T dated 27.06.2018

9042

S. Ramesh Takes Over as Chairman CBIC, Vanaja Retires after Giving Birth to GST

Ministry of Finance Press Release dated 30.06.2018

9043

Cabinet Approves Mechanism for Procurement of Ethanol by Public Sector Oil Marketing Companies (OMCs) to Carry Out the Ethanol Blended Petrol (EBP) Programme

·     Revision of Ethanol Price for Supply to Public Sector OMCs

Cabinet Committee on Economic Affairs (CCEA) Press Release dated 27 June 2018

9044

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

58-Cus(NT)/29.06.2018

9045

Exchange of Tariff Concessions through Fourth Round of Negotiations under Asia Pacific Trade Agreement

Ntfn 50/30.06.2018

9046

China to Cut Import Tariffs on Soybean, other Products from India, Asia-Pacific Nations

ABS News Service/02.07.2018

9047

India to Provide Tariff Concessions on 3,142 Items to APTA Members

ABS News Service/02.07.2018

9048

APTA Rules of Origin Amended, Sectoral Rules of Origin Inserted in Annexure ‘C’

59-Cus(NT)/30.06.2018

9049

Restricted Policy on Peas Import Extended by Three More Months till 30 Sept. 2018

15-Ntfn/02.07.2018

9050

Ginger Import from Nepal Shifted to Free List

16-Ntfn/02.07.2018

9051

Government Celebrates First GST Day

·     Finance Minister and Industry Stalwarts Commemorate the First Year of the Unprecedented Reform of Indian Taxation

·     Indirect Tax Collections Increase by 11.9%

·     1.5% Increase Expected in the Non-Oil Category, Post GST Roll-Out: Arun Jaitley

ABS News Service/03.07.2018

9052

Rs 95,610 crore of Total Gross Revenue Collected in June 2018 as Compared to Last Month’s Revenue of Rs. 94,016 crore

·     Monthly Average of GST Collection in the Last Financial Year was Rs. 89,885 crore

·     GST Revenue Collection for June 2018

Press Release dated 1 June 2018

9053

MEIS to be Surrendered in Re-import Cases

·     Regional Office of DGFT to Issue a “No Incentive Certificate” to Clear the Import

·     New Application Form ANF-3E and 3F Released to Handle Application for NIC under New Para 3.24 of Handbook Procedure

17-PN/03.07.2018

9054

Best Mulyankan Consultants Notified as Pre-Shipment Inspection Agency

18-PN/03.07.2018

9055

Category 1C Chemicals Exports under SCOMET Allowed

19-PN/03.07.2018

9056

SCOMET Items List Amended

17-Ntfn/03.07.2018

9057

Reverse Charge Mechanism and GST Discount on Digital Payment to be Finalised in 21 July Meeting

ABS News Service/05.07.2018

9058

Rupee Falls by 60 paise against Dollar to Rs. 69.70 w.e.f. 6 July 2018

Notification No.60/2018 - Customs ( N.T.) dated 5 July 2018

9059

IBBI Amends Insolvency and Bankruptcy Regulations, 2016

ABS News Service/05.07.2018

9060

New Trade Restrictions in G-20 Economies Doubles against Previous Period

ABS News Service/05.07.2019

9061

Comprehensive Export Strategy to be Finalised Soon: Commerce Minister

ABS News Service/05.07.2018

9062

Defence against Writ Petitions relating to GST

CBIC Instruction dated 4 July 2018

9063

Peas Import Restriction – DGFT Allows Part Advance Payment under Past Commitments

Trade Notice No. 19/2018-19 dated 5 July 2018

9064

All Peas other than Yellow Peas imported before Clarification of 16 May are Freely Importable

·     The Restriction to Apply only after 15 May

Trade Notice No. 21/2018-19 dated 6 July 2018

9065

Export Authorisations for SCOMET Items to be issued by SCOMET Cell, DGFT (Hqrs) under Signature of FTDO (SCOMETL DDG (Export)

Trade Notice No. 20/2018 dated 6 July 2018

9066

DG Safeguards Renamed as Director General of Anti-profiteering under CGST Rules 2017

Notification No. 29/2018 – Central Tax dated 6 July 2018

9067

DGTR Terminates Antidumping Investigation on Belting Fabric from China

DGTR F.No. 14/35/2016/DGAD dated 30.06.2018

9068

Aziz Fibres Ltd Bangladesh Files for New Shipper Review on Jute Products Anti-Dumping

Initiation Notification - Case No. NSR- 05/2018 - New Shipper Review dated 2 July 2018

9069

Natore Jute Mills  Bangladesh and PNP Jute Trading LLC USA Files for New Shipper Review on Jute Products Anti-Dumping

Initiation Notification - Case No. NSR- 04/2018 - New Shipper Review dated 2 July 2018

9070

USTR Releases Product Exclusion Process for Chinese Products Subject to Section 301 Tariffs

ABS News Service/07.07.2018

9071

China Retaliates with Tariffs after US Begins Trade War

ABS News Service/07.07.2018

9072

38 Changes Proposed in the CGST Act, 6 Changes in IGST and Two in GST Compensation Act

ABS News Service/10.07.2018

9073

GST Discount on Digital Payments Deferred

ABS News Service/10.07.2018

9074

NMDC Iron Ore Export Tariff @10% by MMTC to Japan and South Korea under Long Term Agreement Extended till 31 March 2021

Ntfn 51/09.07.2018

9075

Anti-dumping Duty Imposed on High Tenacity Polyester Yarn from China

35-ADD/09.07.2018

9076

Self-Certified Copy of Shipping Bill Accepted for Discharge of Export Obligation against Advance Authorisation

·     No Need to Wait for Online Verification

09-Pol.Cir/09.07.2018

9077

Trimmings and Embellishments Duty Free Entitlement for Leather Footwear Raised to 5% from 3%

Corrigendum dated 9th July 2018

9078

India, South Korea Sign Five MoUs in Science and Technology

ABS News Service/10.07.2018

9079

PM, Korean President, inaugurate mobile manufacturing facility in Noida

ABS News Service/10.07.2018

9080

Samsung’s New Unit gives a Nice Ring to ‘Make in India’

ABS News Service/10.07.2018

9081

Acetone Anti-dumping Sunset Review Initiated

·     Import from EU, Singapore, South Africa and USA

·     On Complaint of SI Group India and Deepak Phenolics Ltd along with HOCL

·     2014 Notification to Expire on 10 March 2019 - Acetone from EU ($277.85/MT), USA ($213.76/MT), Singapore ($240.06/MT) and South Africa ($179.65/MT)

·     Korea ($79.75/MT), Chinese Taipei ($271.37/MT) and Saudi Arabia ($203.85/MT) Already in Duty Net

Initiation Notification - Case No. SSR 14/2018 (Sunset Review) dated 6 July 2018

9082

Documents signed between India and the Republic of Korea during the State Visit of President of Korea to India

ABS News Service/11.07.2018

9083

India, South Korea Set Target of Increasing Trade to $50bn by 2030

ABS News Service/11.07.2018

9084

US Tariff on $200bn Import from China

ABS News Service/11.07.2018

9085

Vishakhapatnam (AP) Seaport Notified for Import of New Vehicles

18-Ntfn/12.07.2018

9086

Oxytocin Import Prohibited

19-Ntfn/12.07.2018

9087

Issue of Authorisation for Repeat Orders for Export of SCOMET Items - Scope Widened

20-PN/12.07.2018

9088

Uttar Pradesh Export Promotion Council, Lucknow Authorised to Issue Certificate of Origin (Non-Preferential)

·     Federation of Andhra Pradesh Small Industries Association Name Changed as Federation of Telangana Small (MSME) Industries Associations

21-PN/12.07.2018

9089

BRICS Trade Ministers Look to Closer Economic Ties, Issue Support for Multilateralism

ABS News Service/13.07.2018

9090

CGST Delhi North Commissionerate Arrests Director of a Company for Evasion of Service Tax

ABS News Service/13.07.2018

9091

Major Steps Taken for Reducing Tax Litigations

ABS News Service/13.07.2018

9092

MEIS Rates Raised to 10% from 5% and 7% on 40 Items

·     Fresh Milk; Cream

·     Milk Powder; Yogurt; Butter Milk

·     Whey; Butter; Dairy Spread; Butter Oil; Ghee

·     Cheese; Oil Cake of Soyabean; Casein

DGFT Public Notice 23/2015-2020 dated 13 July 2018

9093

MEIS Rate on Bengal Gram Extended upto 20 Sept. 2018

DGFT Public Notice No. 22/2015-2020 dated 13 July 2018

9094

Anti-dumping Duty on Grinding Media Balls from China and Thailand Released

·     No Change in the Dumping Duty

·     Notification 36/2012 Expired on 15 July – Duty to Continue for Another Five Years after Successful Review Petition

Notification No. 36/2018-Customs (ADD) dated 13 July 2018

9095

Anti-dumping Duty on Grinding Media Balls – Ntfn 36/2012 Rescinds

Notification No. 37/2018-Customs (ADD) dated 13 July 2018

9096

Handicrafts Sector Exempted List Expanded – 44 More Items Included

Notification No. 52/2018-Customs dated 14 July 2018

9097

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

Notification No. 62/20 18-CUSTOMS (N.T.) dated 13 July 2018]

9098

Export Credit of 45.27mn to Sri Lanka for Rehabilitation of Kankesanthurai Harbour

A.P. (DIR Series) Circular No.1 dated July 12, 2018

9099

Export Credit of US$36.92mn to Cambodia for Financing the Stung Sva Hab/Slab Water Resource Development Project

A.P. (DIR Series) Circular No.2 dated July 12, 2018

9100

Export Credit of USD 17.50 mn to Guyana for Up-gradation of Three Hospitals

A.P. (DIR Series) Circular No. 3 dated July 12, 2018

9101

Export Credit of US$18 mn to Zambia for Establishment of Pre- fabricated Health Posts

A.P. (DIR Series) Circular No. 4 dated July 12, 2018

9102

India Gets Vice Chair of the Asia Pacific Region of WCO for Two Years

ABS News Service/16.07.2018

9103

DGFT Eases Accounting of Component for Engineering Goods Exports under Advance Authorisation on Net to Net Basis (without Wastage)

·     Accountability Statement Signed by Chartered Engineer Sufficient for Nexus and Consumption

10-Policy Circular/13.07.2018

9104

CBIC to Observe Third Refund Fortnight from 16 to 30 July to Clear Pending Refunds

ABS News Service/17.07.2018

9105

India Assumes Vice Chair of Asia Pacific Region for WCO

ABS News Service/17.07.2018

9106

SPS Meeting in Geneva on Article 8 and Annex C of Agreement

ABS News Service/17.07.2018

9107

Boost for Textile Sector with Import Duty on Over 50 Products Doubled

·     New Rates are within WTO Bound Rates which are Generally 40% for Consumable Goods

Ntfn 53/16.07.2018

9108

Mismatch Due to Error SB005 – PAN Number Instead of GSTIN in Shipping Bill, Cases to be Regularised

·     Shipping Bills Filed upto 30.06.2018 also to be Covered

CBIC Circular No. 22/2018-Customs dated 18 July 2018

9109

FIEO and AEPC to Provide Customs man Help Desk for GST Refund till 1 August 2018

CBIC Circular 21/2018-Customs dated 18 July 2018

9110

Nodal Officers Nominated for Implementation of E-way Bill System

Press Release dated 18 July 2018

9111

Rupee Gains by 10 paise against Dollar to Rs. 69.60 w.e.f. 20 July 2018

Notification No.63/2018 - Customs (N.T.) dated 19 July 2018

9112

Reconsider Zero Duties on E-transmission, they Hurt Poor Nations: India, South Africa tell WTO

ABS News Service/20.07.2018

9113

Worn Clothing and Rags Duty Raised to 20% from 5%

Ntfn 54/20.07.2018

9114

Corrigendum dated 12.07.2018 to Ntfn 50/2018-Customs – Corrections in APTA Concessions Notification

Corrigendum dated 12.07.2018

9115

GST Sanctions by Accounts should be Completed on the Same Day says Chief Controller of Accounts, CBIC

·     Payment Advises to be sent on the same Day Too

Office Memorandum dated 19 July 2018

9116

GST Drawback Scheme Likely from Oct 1 as Exports Slip

ABS News Service/21.07.2018

9117

China Trade Policy Review Concludes, Highlighting IPRs, Industrial Policy, and Transparency

ABS News Service/21.07.2018

9118

EU, Japan Leaders Sign Trade Deal, Look Towards 2019 for Entry into Force

ABS News Service/21.07.2018

9119

US Files Series of WTO Cases, Targeting Responses to Steel, Aluminium Tariffs

ABS News Service/21.07.2018

9120

Recommendations Made by the GST Council in its 28th Meeting at New Delhi on 21 July, 2018

·     GST Rates Reduction On Several Goods and for Specified Handicraft Items

·     GST rates have been recommended to be brought down to Nil on Sanitary Napkins, Rakhi and more Goods

·     Recommends for Allowing Refund to Fabrics on Account of Inverted Duty Structure

·     Rate Change Made in Respect of Footwear

PIB (MoF) Press Release dated 21 July 2018

9121

Recommendations for Changes in CGST Act, 2017, IGST Act, 2017, UTGST Act 2017, and GST (Compensation to States) Act, 2017

ABS News Service/23 July 2018

9122

GST Rate on Services

ABS News Service/23 July 2018

9123

GST Council Approves Simplified GST Return

ABS News Service/23 July 2018

9124

GST Council Approves Opening of Migration Window for Tax Payers till 31st August, 2018

ABS News Service/23 July 2018

9125

Safeguard Duty of 25 percent Recommended on Solar Cells

·     Second Year Duty 20% First Half and 15% Second Half

·     Authority says Consumer Interest Considered in Deciding Protection Level

F. No. 22/1/2018 – DGTR dated 16 July 2018

9126

Customs Relaxes Gold Import for Export Procedure

·     Nexus between Import and Export not required, only Accounting for Export Obligation Necessary

DGEP Circular No. 23/2018-Customs dated 23 July 2018

9127

Refund of Terminal Excise Duty in Foreign Trade Policy 2009-14 Allowed for Japan ICA (JICA)

DGFT Policy Circular No. 11/ 2015-20 dated: 23.07.2018

9128

Govt Claims Gold Import Declined of Restriction

·     There are no figures for seizures and smuggling gold which have gone up substantially

ABS News Service/25.07.2018

9129

India Seeks More Time to Cut Agri Subsidies

ABS News Service/25.07.2018

9130

Import of Areca Nuts below CIF Value Rs. 251 per kg Prohibited

·     Import thru Licence or Fine/Penalty is not Possible

·     Over Invoicing and Payment thru Hawala to Get a Boost

20-Ntfn/25.07.2018

9131

Pepper Policy Liberalised for Export Production of Oleoresin

21-Ntfn/25.07.2018

9132

WTO Claims Trade Restrictive Measures and Trade Facilitating Measures by Members are Compensatory

ABS News Service/26.07.2018

 

GST, IGST and Compensation Rates Changes Recommended by GST Council in its 28th Meeting on 21 July 2018 – Effective from 27 July 2018

·     GST Rates Reduction On Several Goods and for Specified Handicraft Items

·     GST rates have been recommended to be brought down to Nil on Sanitary Napkins, Rakhi and more Goods

·     Recommends for Allowing Refund to Fabrics on Account of Inverted Duty Structure

·     Rate Change Made in Respect of Footwear

 

9133

12% IGST Rates on Handicraft Items

Seeks to prescribe concessional IGST rate on specified handicraft items, to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

22/2018-Integrated Tax (Rate), dt. 26-07-2018

9134

Textile and Railway Goods List without Refund of Unutilised ITC

Seeks to amend Notification 05/2017-Integrated Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

21/2018-Integrated Tax (Rate), dt. 26-07-2018

9135

Exempt IGST Goods at Zero Rate

Seeks to amend Notification 02/2017-Integrated Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

20/2018-Integrated Tax (Rate), dt. 26-07-2018

9136

IGST (Goods) Jumbo Notification

Seeks to amend Notification 01/2017-Integrated Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

19/2018-Integrated Tax (Rate), dt. 26-07-2018

9137

IGST Services Jumbo Notification with General Rates

Seeks to insert explanation in an item in notification No. 8/2017 – Integrated Tax (Rate) by exercising powers conferred under section 6(3) of IGST Act, 2017.

18/2018-Integrated Tax (Rate), dt. 26-07-2018

9138

Panchayat Functions by Government as Neither Supply of Goods or Services under Sec 20(i) of IGST Act, 2017

Seeks to amend notification No. 11/2017- Integrated Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service.

17/2018-Integrated Tax (Rate), dt. 26-07-2018

9139

Services on Reverse Charge

Seeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM).

16/2018-Integrated Tax (Rate), dt. 26-07-2018

9140

IGST Services Exemption Notification

Seeks to amend notification No. 9/2017- Integrated Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

15/2018-Integrated Tax (Rate), dt. 26-07-2018

9141

IGST Services Jumbo Notification with General Rates

Seeks to amend notification No. 8/2017- Integrated Tax (Rate) so as to notify IGST rates of various services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

14/2018-Integrated Tax (Rate), dt. 26-07-2018

9142

GST Compensation Cess

Seeks to amend Notification No. 1/2017 -Compensation Cess (Rate) dated 28.06.2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

02/2018-Compensation Cess (Rate), dt. 26-07-2018

9143

Seeks to prescribe concessional CGST rate on specified handicraft items, to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

21/2018-Central Tax (Rate), dt. 26-07-2018

9144

Seeks to amend Notification No 05/2017-Central Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

20/2018-Central Tax (Rate), dt. 26-07-2018

9145

Seeks to amend Notification No. 02/2017-Central Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

19/2018-Central Tax (Rate), dt. 26-07-2018

9146

Seeks to amend Notification No. 01/2017-Central Tax (Rate), dt. 28-06-2017 to give effect to the recommendations of the GST Council in its 28th meeting held on 21.07.2018

18/2018-Central Tax (Rate), dt. 26-07-2018

9147

Seeks to insert explanation in an item in notification No. 11/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017.

17/2018-Central Tax (Rate), dt. 26-07-2018

9148

Seeks to amend notification No. 14/2017- Central Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service.

16/2018-Central Tax (Rate), dt. 26-07-2018

9149

Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM).

15/2018-Central Tax (Rate), dt. 26-07-2018

9150

Seeks to amend notification No. 12/2017- Central Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018

14/2018-Central Tax (Rate), dt. 26-07-2018

9151

Seeks to amend notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by Goods and Services Tax Council in its 28th meeting held on 21.07.2018.

13/2018-Central Tax (Rate), dt. 26-07-2018

9152

E-Commerce Exports Liberalised, Value Limit Raised to Rs. 5 Lakhs per consignment for MEIS (Previous: Rs. 25,000)

DGFT Notification No. 22/2015-2020 dated 26 July 2018

9153

MEIS Scope Widened to Allow Debit against High Duty Agri Goods

MEIS Premium to Rise

Public Notice No. 24/2015-2020 dated 26.07.2018

9154

DGFT Notifies Panipat as Town of Export Excellence for Carpets, Floor Coverings and Bed Linen Products

Public Notice No. 25/2015-20 dated 27 July 2018

9155

IGST in Fertilizers to Apply Only on the Pool in Price and not Transaction Value

Notification No. 55/2018 –Customs dated 26 July 2018

9156

FIEO Hails Increase in Limit for Courier Exports and E-commerce Exports

FIEO Press Release dated 27 July 2018

9157

Free Import of Urea Allowed for “Industrial/Non-Agricultural/Technical Grade” Subject to AU Condition

·     Wordings Ambiguous, Restriction Applies to User or Product? [Ed.]

·     Actual User Condition Returns after Last Liberalisation by 26/09.09.2016

23-Ntfn/27.07.2018

9158

No Fees Leviable on Amendment of Export Manifest in Relation to the Shipping Bills Filed from 1 July 2017 to 30 June 2018 in ICDs

64-Cus(NT)/27.07.2018

9159

10th BRICS Summit Johannesburg Declaration

PIB Press Release dated 26 July 2018

9160

Safeguard Duty of 25 percent Notified on Solar Cells

·     Second Year Duty 20% First Half and 15% Second Half

Notification No. 01/2018-Customs (SG) dated 30 July 2018

9161

New Sea Cargo Manifest and Transshipment Regulations, 2018 will Come into Effect from 1 Nov 2018

Notification No. 65 /2018-Customs (N.T.) dated 30 July 2018

9162

Input Service Distributors to File GSTR-6 by 30 Sept for July 2017-August 2018 Period

Notification No. 30/2018 – Central Tax dated 30 July 2018

9163

SEIS Applications Only on Online Mode from 1 Sept 2018 in New Format ANF 3B

Trade Notice No. 22/2018 dated 30 July 2018

9164

Mandatory RFID Sealing of Warehousing Movement Postponed to 1 October 2018

Circular No. 24/018-Customs dated 31 July 2018

9165

14 Services Sectors Listed under Services Export Promotion Council (SEPC)

DGFT Public Notice No. 26/2015-2020 dated 1 August 2018

9166

5% GST without ITC on Food or Drink Supply by College Hostel Mess to Students and Staff included in Notification – Circular Withdrawn

CBIC Circular No. 50/24/2018-GST dated 31 July 2018

9167

Ambulance Services provided by Private Parties to the Government is Exempted from GST under National Health Mission – CBIC Clarification

Circular No. 51/25/2018-GST dated 31 July 2018

9168

Rupee Gains by 35 paise against Dollar to Rs. 69.25 w.e.f. 3 August 2018

Notification No.67/2018 - Customs (N.T.) dated 2 August 2018

9169

Anti-dumping Duty on Methylene Chloride from EU and USA Extended till 20 October 2019 in Review

Notification No.38/2018-Customs (ADD) dated 2 August 2018

9170

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

Notification No. 66/2018-CUSTOMS (N.T.) dated 31 July 2018

9171

Third GST Refund Fortnight results in Rs. 3,391 Crs Outflow

ABS News Service/03.08.2018

9172

ITC Laundering of 200 crs in Plastic Detected

ABS News Service/03.08.2018

9173

Inland Waterways Authority of India Launches Dedicated Portal to Connect Cargo Owners and Shippers with Real Time Data on Availability of Vessels

ABS News Service/03.08.2018

9174

Implementation of Retaliatory Duties against US Delayed till 18 Sept 2018

Ntfn 56/03.08.2018

9175

Value Limit Raised for Imports and Exports through Courier to Rs. 5 Lakhs per Consignment for MEIS (Previous: Rs. 25,000)

68 and 69-Cus(NT)/03.08.2018

9176

GST Registration - Special Procedure for Completion of Migration of Taxpayers who Received Provisional IDs but could not Complete the Migration Process – Window Opened for GSTIN in Provisional IDs Cases

·     Exemption to Payment under Reverse Charge Extended to 30.09.2019

Notification No. 31/2018 – Central Tax dated 6 August 2018

9177

Supplies from Unregistered Supplier to Registered Recipient for Intra State Supplies Exemption Extended by One Year till 30 Sept. 2019

Notification No. 22/2018 – Central Tax (Rate) dated 6 August 2018

9178

Payment of Tax under Section 5(4) of IGST Act, 2017 – Date Extended to 30 Sept 2019 from 30 Sept 2018

Notification No. 23/2018 – Integrated Tax (Rate) dated 6 August 2018

9179

328 Tariff Lines Covering Carpets, Apparels and Other Textile Products Duty Doubled to 20% from 10%

Ntfn 58/07.08.2018

9180

BCD on Screw, SIM Socket and Metal Mechanical for Mobile Phones Restored to 15% from 25%

Ntfn 57/07.08.2018

9181

Digital Signature not Required for IEC, PAN Copy Sufficient

·     Address Proof and Cancelled Cheque Enough for Application

23-TN/08.08.2018

9182

Procedure for Auto Generation of IEC by Email with PAN Number and Without Digital Signature

27-PN/08.08.2018

9183

IEC Must for Services Exports Involving Chapter 3 Rewards

24-Ntfn/08.08.2018

9184

MEIS Rates Raised by 2% for 14 Items Includes Pressure Cookers, Utensils; Ghamellas; Frozen Octopus; Egg Albumin; Fish Heads, Tails and Maws

28-PN/08.08.2018

9185

IGST Amendment Bill Introduced in Lok Sabha to Implement GST Council Decisions

Lok Sabha

9186

CGST Amendment Bill Introduced in Lok Sabha to Implement GST Council Decisions

Lok Sabha

9187

Compensation Cess Amendment Bill Introduced in Lok Sabha to Implement GST Council Decisions

Lok Sabha

9188

GSTN to Monitor GSTR-1 and 3B for Tax Evaders

PIB Delhi Press Release dated 10th August 2018

9189

GSTR-1 Filing Date Extended to 11th of Succeeding Month for the Month of July 2018 to March 2019 for Units Turnover above Rs. 1.5 crs

Notification No. 32 /2018 – Central Tax dated 10 August 2018

9190

GSTR-1 Quarterly Last Date Filing Date Extended

·     July-Sept 2018 to 31 Oct 2018

·     Oct-Dec 2018 to 31 Jan 2019

·     Jan-March 2019 to 30 Apr 2019

Notification No. 33/2018 – Central Tax dated 10 August 2018

9191

GSTR-3B Last Date Extended to 20th Day of Next Month in July 2018 to March 2019 Period

Notification No. 34/2018 – Central Tax dated 10 August 2018

9192

GST Applicable on Goods and Services – CBIC Clarification

·     Fortified Toned Milk

·     Refined beet and cane sugar

·     Tamarind Kernel Powder (Modified & Un-Modified form)

·     Drinking water

·     Plasma products

·     Wipes using spun lace non-woven fabric

·     Real Zari Kasab (Thread)

·     Marine Engine

·     Quilt and comforter

·     Bus body building as supply of motor vehicle or job work

·     Disc Brake Pad

Circular No.52/26/2018-GST dated 9 August 2018

9193

GST Applicable only on Petroleum Gases retained by Users

Circular No.53/27/2018-GST dated 9 August 2018

9194

Only Fertilisers Supplied for Use as Fertilisers or in Manufacture of Complex Fertilisers to Attract only 5% GST

·     Other Fertilisers used for other than Agri Purposes to be Charged 18% GST

Circular No. 54/28/2018-GST dated 9 August 2018

9195

Services Provided by Private ITIs Exempted for Coaching in Designated Trade from GST – CBIC Clarification

Circular No. 55/29/2018- GST dated 10 August 2018

9196

GST Collections on the Rise, Crosses 96K crs Mark in July 2018

PIB Delhi Press Release dated 10th August 2018

9197

Livestock Exports Banned by Shipping Ministry

·     Merchant Shipping Act Misuse, Vessel Control for Safety Clause used for “Health and Security” of Sheep and Goat Exported for Id Celebration in Gulf

ABS News Service/11.08.2018

9198

Easy Procedure for Bond Discharge of Jewellery Export against Supply by Nominated Agencies

Circular No. 25/2018-Customs dated 8 August 2018

9199

No Late Cut for Linen Export in 63029100 during Six months of 1 April-30 Sept 2015 Period

29-PN/09.08.2018

9200

CBIC Stops Collection of Safeguard Duty on Solar Cells Following Orissa High Court Stay

·     Madras HC Concerns with Orissa

·     Provisional Assessment Allowed on Simple Undertaking under Sec.18 of Customs Act, 1962

CBIC Instruction No. 12/2018-Customs dated 13 August 2018

9201

CBIC Drops Rigorous Top Tier I Selection Procedures

·     Eight Forms Replaced with Simple Two Forms with Declarations

·     Hopes More Entrants will Opt for AEO

·     Importers Shy Away as Benefits not Visible

·     Direct Port Delivery (DPD) given without AEO

·     No Fast Clearance Seen as Goods go thru Examination even with AEO Status

Circular No. 26/2018-Customs dated 10 August 2018

9202

Aluminium Alloy Road Wheels Sunset Review Initiated

·     Import from China, Korea RP, Thailand

·     Synergies Castings and Kosei Minda along with Two Producers Claim Dumping Continues

Initiation Notification [Case No. SSR – 16/2018] dated 10 August 2018

9203

Welded Stainless Steel Pipes and Tubes from China and Vietnam in Anti-subsidy Net – Investigation Initiated on Complaint of Stainless Steel Pipe and Tubes Manufacturer Association

Initiation Notification [Case No. OI- 08/2018] dated 9 August 2018

9204

Anti-subsidy Investigation Initiated on Saccharin from China on Complaint of Swati Petro Products Plus Four

·     Indonesia Too in Anti-dumping Investigation on Complaint of Swati Petro Products on 14 June 2018

·     Anti-dumping Duty on Saccharin from China (Ntfn 07-Cus(ADD)/13.01.2017) Lapsed on 12.01.2018

Initiation Notification - Case No. (CVD) 05/2018 dated 10 August 2018

9205

Waiver of Bank Guarantee or Surety to EOUs under B17 Bond Continues

·     IGCR with BG to Apply only on General Importers

CBIC Circular No. 27/2018-Customs dated 14 August 2018

9206

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

71-Cus(NT)/14.08.2018

9207

South African Rand Exchange Rate revised to Rs. 5.05 w.e.f. 15 August 2018

72-Cus(NT)/14.08.2018

9208

Final Regulations for Provisional Assessment (PA) under Sec 18(2) of Customs Act, 1962 Notified

·     Pending Assessments to be Covered by New Rules

·     Documents to be Provided within 1+3+3 Months to Customs in Single Lot

·     Customs to Finalise PA within 2+3 Months

·     Final Assessment to Backed by Speaking Order

·     Demand for Documents Only in One Go, No Piecemeal Demand

·     Exporters or Importers to be Liable for Penalty of 50K for Contravention, No Penalty Prescribed for Customs

·     Budget Amendments to Section 28 of CA, 1962 for Pre-Notice Consultation before issue of Demand, Supplementary SCN can be Issued, Compulsory Adjudication within Six Months in Normal Case

73-Cus(NT)/14.08.2018

9209

No Penalty for Delayed Installation Certificates in EPCG Cases

·     One Time Relaxation Allowed for Delays upto 31.03.2015

30-PN/14.08.2018

9210

Self Declaration Cases Application Status in AA Available Online

24-TN/16.08.2018

9211

Rupee Falls by Rs.1.85 against Dollar to Rs. 71.10 w.e.f. 17 August 2018

74-Cus(NT)/16.08.2018

9212

Pet Coke Import for Fuel Prohibited

·     Free Import Allowed only for Cement, Lime, Calcium Carbide and Gassification on AU Condition

·     Domestic Lobby Prevails

·     WTO Free Importability Violated

DGFT Notification No. 25/2015-2020 dated 17 August, 2018

9213

DGFT Allows 125 MT of Peas Import per Contract Irrespective of Advance Payment Made Before 25 April 2018

Trade Notice No. 25/2018-19 dated 17 August 2018

9214

High Speed Steel of Non Cobalt Grade from Brazil, China and Germany under Anti-dumping

·     Investigation Initiated on Complaint of Graphite India

Initiation Notification (F. No. 6/23/2018-DGTR) dated 14 August 2018

9215

Fluoroelastomers (FKM) from China in Anti-subsidy Net – Investigation Initiated on Complaint of Gujarat Fluorochemicals

·     61 State Subsidies Alleged

Initiation Notification (Case No. (CVD)-07/2018) dated 14 August 2018

9216

Ad Hoc Customs Duty Exemption for Kerala Flood Relief

Public Notice No. 10/2018 dated 18.08.2018

9217

Paracetamol Anti-dumping Duty Extended till 26 April 2019 in Review

39-ADD/20.08.2018

9218

Anti-dumping Duty on Ofloxacin from China – Classification Amended to Include Heading 2941 along with earlier Heading 3004

40-ADD/20.08.2018

9219

No Reply to Drawback Queries Results in “Zero Claim” Status in Final Processing

Public Notice No. 21/2018 dated 16.08.2018

9220

Entry in Appraising Hall of New Customs House at Delhi only thru Biometric Smart Cards made by Private Persons and Issued by Customs

Public Notice No. 22/2018 dated 07.08.2018

9221

Zero Duty Capital Goods Imports against Employment Generation for WTO Compatibility on the Anvil

ABS News Service/21.08.2018

9222

Biofuels Import Shifted to Restricted List; Only Non Fuel Import Allowed

27-Ntfn/21.08.2018

9223

Zero Customs and IGST for Kerala Flood Relief Donation Goods for Four Months

Ntfn 59/21.08.2018

9224

Last Date for Filing GSTR-3B and GSTR-1 by Taxpayers in Kerala Extended to Oct-Nov

MoF Press Release 21 August 2018

9225

Last Date for Filing GSTR-3B for July, 2018 Extended till 24th August, 2018 for All Class of Taxpayers

Notification No. 35/2018 – Central Tax dated 21 August 2018

9226

Ten Member Standing Committee for Consumer Welfare Fund Constituted under Sec. 97(4) of CGST Rules, 2017 and Sec.168 of CGST Act, 2017

03-CT/16.08.2018

9227

Beach Sand Exports Canalized through Indian Rare Earths Limited (IREL)

26-Ntfn/21.08.2018

9228

TRU Clarification of Refund of Accumulated ITC on Fabrics by 5/2017 dated 28.06.2017

CBIC Circular No.56/30/2018-GST dated 24 August 2018

9229

Last Date for Filing GSTR-3B and GSTR-1 by Taxpayers in Kerala, Kodagu (Karnataka) and Puducherry Extended till Oct-Nov 2018

Notification No. 36 to 38/2018 – Central Tax dated 24 August 2018

9230

Corrigendum to Ntfn 40/2018-Customs (ADD) – HS Code Correction

Corrigendum dated 24 August 2018

9231

Natore Jute Mills, Bangladesh and PNP Jute Trading LLC, USA under Provisional Assessment in Review in Jute Products Case

Notification No.41/2018-Customs (ADD) dated 24 August 2018

9232

Aziz Fibres, Bangladesh under Provisional Assessment in Jute Products Case

Notification No.42/2018-Customs (ADD) dated 24 August 2018

9233

Peas Shifted to Restricted List again till 30 Sept to Overcome Effect of Chennai High Court Judgement

·     Central Government Issues Notification to Overcome Infirmity of DGFT Lack of Powers

32-Ntfn/30.08.2018

9234

Peas Restriction Till 30 Sept 2018 Withdrawn Following Court Stay

Restriction Returns w.e.f. 30 August

31-Ntfn/29.08.2018

9235

Bio-Fuel Export Shifted to Restricted List; Only Export for Non-Fuel Allowed Against Licence

29-Ntfn/28.08.2018

9236

Petroleum Bitumen (2713 20 00) and Other Residues of Petroleum Bituminous Minerals (2713 90 00) Shifted to Free List

30-Ntfn/28.08.2018

9237

Capital Goods Imported under EPCG can be Shifted to Other Units During the Entire EO Period

31-PN/29.08.2018

9238

SEIS Applications on Online Mode only After 20 Sept 2018 in New Format ANF 3B

28-TN/29.08.2018

9239

Ad Hoc Norms for Spices Export to be Derived only from Sample Reports of Customs

12-Pol.Cir/28.08.2018

9240

Digital Signature Not Required for Intimation of Block-wise Fulfilment of Export Obligation to RAs under EPCG

32-PN/29.08.2018

9241

Photo Not Required in IE Code Online Application, PAN Card Photo is Sufficient

·     IE Code is not an ID, Clarifies DGFT

27-TN/28.08.2018

9242

Status Holders Allowed to Export without Realisation upto 2% of Export in Previous Years Average

28-Ntfn/27.08.2018

9243

Application Status of Applications for Restricted Items Licences can be Reviewed on DGFT Website

26-TN/27.08.2018

9244

Atrazine Technical from China under Anti-Subsidy Investigation on Complaint of Meghmani Inds.

Initiation Notification F. No.06/19/2018- DGAD dated 27th August 2018

9245

Pilot eSANCHIT Launched in Delhi Air Export from 1 Sept

CBIC Circular No. 29/2018-Customs dated 30 August 2018

9246

Fourth BIMSTEC Summit Declaration, Kathmandu, Nepal (August 30-31, 2018)

ABS News Service/01.09.2018

9247

Customs Lab must have First Preference in Sample Testing, says CBIC

·     No Outside Lab if same Facility Available in Customs Lab

CBIC Circular No. 28 /2018-Customs dated 30 August 2018

9248

Notifications to Amend FTP Issued by DGFT are Approved by the Central Government and have Full Legal Backing, Clarifies DGFT

·     Public Notices to Amend Handbook Issued by DGFT Only and do not Require Central Government (Dept of Commerce) Approval

DGFT Trade Notice 29/2015-2020 dated 30 August 2018

9249

Fin Secy Orders All 15 Economic Investigation Agencies to Share Data with CEIB

·     Leakages to Mar Investigations Feared CEIB Seen as Outdated Agency having Outlived Original Role with no Legal Mandate or Staff

CBIC Instruction No. 13/2018 – Customs dated 29 August 2018

9250

Member Customs to Head New Working Group with DGFT

ABS News Service/01.09.2018

9251

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

Notification No. 76/20 18-CUSTOMS (N.T.) dated 31 August 2018

9252

Late Fee Waived for GSTR-3B, GSTR-4 and GSTR-6

Notification No. 41/2018 – Central Tax dated 4 September 2018

9253

Time Limit for Declaration in Form GST ITC-04 for the Period July 2017 to June 2018 Extended till 30 Sept 2018

Notification No. 40/2018 – Central Tax dated 4 September 2018

9254

Time Limit for Making Declaration in Form GST ITC-01 and Form GST-CMP-04 (2 March, 31 March 2018) Extended for a Period of 30 Days

Notification No.42/2018 – Central Tax dated 4 September 2018

9255

Amendments in CGST Rules, 2017

·     Rule 22 – Cancellation of Registration

·     Dropping of Cancellation of Registration Procedure

·     Rule 36 - Documentary requirements and conditions for claiming input tax credit

·     ITC eligible as long as 4 parameters detail in supply available

·     Rule 55 - Transportation of goods without issue of invoice

·     Batches or Lots Supply Recognised along with CKD

·     Rule 89 - Application for refund of tax, interest, penalty, fees or any other amount

·     Adjusted Total Turnover Defined

·     Rule 96. Refund of integrated tax paid on goods or services exported out of India

·     Denial in Cases where 48/2017(GST), 40/2017 (GST), 41/2017 (GST) or 78/2017 (Cus), 79/2017 (Cus) is Availed

·     Rule 138A. Documents and Devices to be Carried by a Person-in-Charge of a Conveyance

·     E-way Bill – Driver must Carry Entry Copy

·     FORM GST REG-20

·     FORM GST ITC-04

·     FORM GSTR-9 (See rule 80) Annual Return

·     FORM GSTR-9A (See rule 80) Annual Return (For Composition Taxpayer

·     FORM GST EWB-01

Notification No. 39/2018 – Central Tax dated 4 September 2018

9256

Procedure for Export of SCOMET Items for Repair/Replacement Notified

33-PN/04.09.2018

9257

DGFT Issues Procedure for Export of SCOMET Items for Display/ Exhibition/Tenders/RFP/RFO/NIT

34-PN/04.09.2018

9258

10,000 MTs Sugar Export to EU under CXL Quota for Oct 2018 to Sept 2019 Notified

35-PN/04.09.2018

9259

CBIC Clarifies the Term ‘Agent’ for GST Liability where there is no Consideration as such under CGST Act, 2017

Circular No. 57/31/2018-GST dated 4 September 2018

9260

CENVAT Credit Wrongly Availed under Transitional Credit in GST

Circular No. 58/32/2018-GST dated 4 September 2018

9261

CBIC Clarifications on Refund on Exports

Circular No. 59/33/2018-GST dated 4 September 2018

9262

Procedures for Filing and Processing Refund Claims by Canteen Stores Department (CSD) – CBIC Clarification

Circular No. 60/34/2018-GST dated 4 September 2018

9263

E-way Bill in Case of Storing of Goods in Godown of Transporter

Circular No. 61/35/2018-GST dated 4 September 2018

9264

Anti-dumping Duty of 47.15% of CIF Value on Glass Chopped Strands Mats (CSM) Exported by Asia Composite Materials Thailand Notified

43-ADD/06.09.2018

9265

Anti-dumping Duty on Graphite Electrodes from China Dropped – No Significant Injury to Domestic Industry Noticed in Mid Term Review

·     Notification 04/2015-Customs(ADD dated 13.02.2015 Rescinded

44-ADD/06.09.2018

9266

ANF Forms for EOUs (Ch 6) Amended for GST Changes

36-PN/04.09.2018

9267

ANF Forms for Deemed Exports (Ch 7) Amended for GST Changes

37-PN/04.09.2018

9268

24x7 Clearance at Adani Kattupalli Sea Port in Chennai

31-CBIC/05.09.2018

9269

Rupee Falls by R.1.45 against Dollar to Rs. 72.55 w.e.f. 7 September 2018

77-Cus(NT)/06.09.2018

9270

Trump Gets Last-Minute Earful from Business Before China Tariffs

ABS News Service/07.09.2018

9271

India Meets ASEAN+10 Separately, Pressure Mounts on Concessions

PIB Delhi Press Release dated 1st September 2018

9272

ASEAN Allows Self Certification on Origin of Exports and Imports

ABS News Service/07.09.2018

9273

ASEAN Accords Digital Integration and E-commerce

ABS News Service/07.09.2018

9274

India Pitches for Limited Partnerships in RCEP Submits “Non Paper” for Discussion in 10+6 Body

PIB Delhi Press Release dated 4th September 2018

9275

Due Dates for Filing of FORM GSTR-1 and FORM GSTR-3B Extended

MoF Press Release dated 10.09.2018

9276

GSTR-1 Quarterly Last Date Filing Date Extended

·     July-Sept 2017 to 31 Oct 2018

·     Oct-Dec 2017 to 31 Oct 2018

·     Jan-March 2018 to 31 Oct 2018

·     Apr-Jun 2018 to 31 Oct 2018

·     Jul-Sept 2018 to 31 Oct 2018

·     Oct-Dec 2018 to 31 Jan 2019

·     Jan-Mar 2019 to 30 Apr 2019

Notification No. 43/2018 – Central Tax dated 10 September 2018

9277

GSTR-1 Filing Date Extended to 11th of Succeeding Month for the Month of July ’17 - Sept 2018 till 31 Oct 2018 for Units Turnover above Rs. 1.5 crs

Notification No. 44 /2018 – Central Tax dated 10 September 2018

9278

GSTR-3B Return Filing –Taxpayers who have Obtained GSTIN Number to File Electronically thru Common Portal on or before 31 Dec 2018

Notification No. 45/2018 – Central Tax dated 10 September 2018

9279

GSTR-3B Online Filing Date

Notification No. 46/2018 – Central Tax dated 10 September 2018

9280

Taxpayers who have Obtained Goods and Services Tax Identification Number (GSTIN) to File Form GSTR-3B  Electronically thru Common Portal on or before 31 December 2018

Notification No. 47/2018 – Central Tax dated 10 September 2018

9281

Amendments in CGST Rules, 2017

·     Rule 117 - Tax or duty credit carried forward under any existing law or on goods held in stock on the appointed day

·     Rule 142- Notice and order for demand of amounts payable under the Act

Notification No. 48 /2018 – Central Tax dated 10 September 2018

9282

After Sales Service for Repairs and Reconditioning of Electronic Goods Exported Earlier

·     Re-export Must Take Place within One Year of Re-import

Ntfn 60/11.09.2018

9283

Continuous Cast Copper Wire Rods from Indonesia, Malaysia, Thailand and Vietnam under Anti-Subsidy Investigation on Complaint of Hindalco and Vedanta

Initiation Notification Case No. OI (CVD)- 04/2018 dated 10 September 2018

9284

E-com module for MEIS

·     Other MEIS Applications are on Non-Auto Mode, Only Project Exports in Auto Mode As of Now

DGFT Trade Notice No. 30/2018-19 dated 11 September, 2018

9285

DGTR Streamlines Registration of Interested Parties in Investigation Process

DGTR Trade Notice No. 11/2018 dated 10 September 2018

9286

Anti-dumping Investigation – Disclosure of Information in Confidential Version of Responses Filed by Domestic Industry

DGTR Trade Notice No. 10/2018 dated 7 September 2018

9287

Safeguard Duty on Solar Cells Returns as Supreme Court Stays High Court Order Suspending Impost

CBIC Instruction No. 14 dated 13th September 2018

9288

Anti-dumping Duty on Flat Base Steel Wheels from China Continue for Five Years – Final Findings

·     No Changes in Duty Rates in Review

·     Previous Ntfn 03/2013-Cus(ADD) Rescinded

45-46-ADD/13.09.2018

9289

Section 52 of CGST Act, 2017 Relating to TCS come into force from 1 Oct 2018

Central Tax Notification No. 51 dated 13th September 2018

9290

Section 51(1) on Tax Deduction at Source of CGST Act, 2017 to come into force on 1 Oct 2018

Central Tax Notification No. 50 dated 13th September 2018

9291

New Form GSTR-9C under Rule 80(3) of CGST Rules, 2017 Issued for Annual Return Reconciliation Statement

Central Tax Notification No. 49 dated 13th September 2018

9292

12% GST will be Paid on Priority Sector Lending Certificates (PSLCs) for the Period 1 July 2017 to 27 May 2018 by Seller Bank on Forward Charge Basis – CBIC Clarifies

CGST Circular No. 62 dated 12th September 2018

9293

DGFT Releases 8424 MT Sugar Quota for USA under TRQ for the Period 1 Oct 2018 to 30 Sept 2019

38-PN/13.09.2018

9294

Post Export Advance Authorisation Regularisation of Natural Rubber and Silk

39-PN/13.09.2018

9295

EPR Authorisation not Required for Electrical and Electronic Eqpt not Listed in Sch. I of E-waste Rules, 2016

·     EPR not Required in Self Consumption Cases

·     Manufacturers Selling to EPR Producers Exempted from EPR

Central Pollution Control Board Clarification dated 13th September 2018

9296

2500 Units Import Quota for Foreign Vehicles

·     Notification under Issue

ABS News Service/14.09.2018

9297

E-way Bill Proceedings under Sec 129 of CGST Act, 2017

·     E-way Bill Invalid if Transport Detail in Part B not Furnished

·     Invoice is not an E-way Bill, Sec 129 Proceeding to Attracted

·     Minor Errors like Wrong Address but Locality Correct

·     Error in 4 or 6 Digit Level of HSN where the first 2 digits of HSN are correct

·     Error in One or Two Digits/Characters of the Vehicle Number

·     Penalty to the tune of Rs 500/- each under section 125 of the CGST Act and the respective State GST Act should be imposed (Rs.1000/- under the IGST Act) in FORM GST DRC-07 for every consignment

CGST Circular No. 64 dated 14th September 2018

9298

Processing of GST Refund Claim by UIN Entities – CBIC Clarification

CGST Circular No. 63 dated 14th September 2018

9299

Twenty Six Tariff Lines Shifted to Nil under Singapore FTA

·     Nylon Yarn @5%

Ntfn 61/14.09.2018

9300

Registered Exporters System (REX) Registration under EU GSP Scheme is Free – Approved Agencies not to Charge Fee from Exporters

·     Exporters under “DEL” too should be Registered

DGFT Trade Notice No. 32/2018-19 dated 14 September 2018

9301

DGFT Creates Google Spread Sheet for “To do List for SCOMET Policy’ for Feedback from Industry

DGFT Trade Notice No. 31/2018 dated 13 September 2018

9302

Anti-dumping Duty on Tetrafluoroethane – Zhejiang Sanmei Chemicals China Case – Ntfn 10/2017-Customs (ADD) Rescinded – New Shipper Review Exemption Restored from Current Date

Notification No. 47/2018-Customs (ADD) dated 14th September, 2018

9303

FIEO Concerned Over Currency Instability, Notes Up 19% in August at $27.84bn

FIEO Press Release dated 14th September 2018

9304

Imports Up 36% in August

·     Balance of Trade Deteriorates by $9bn in August as Gold Import Doubles, Oil Up 65%, Coal 57%

Ministry of Commerce & Industry Press Release dated 14th September 2018

9305

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

Notification No. 78/20 18-CUSTOMS (N.T.) dated14 September 2018

9306

2% TDS for GST on Value to be Deducted on All Payments above Rs. 2.50 lakhs from 1 Oct, 2018

·     Guidelines for Deductions and Deposits of TDS under GST by DDO (Drawing and Disbursing Officer)

CGST Circular No. 65 dated 14th September 2018

9307

Local Value Add in India-Singapore FTA Down to 35% from 40%

·     India Implements Second Review Protocol

79-Cus(NT)/14.09.2018

9308

India Blinks, Postpones Retaliatory Duties against US Delayed till 2nd Nov 2018

·     18 September was Date of Promulgation

Ntfn 62/17.09.2018

9309

Long Pepper Import below Rs. 500 per kg Shifted to Free from Prohibited List

33-Ntfn/17.09.2018

9310

Last Date for Submission of Declaration in TRAN-1 Form Extended to 31 Jan 2019

·     Date Extended Dye to Failure of GSTN Portal

Order No. 4/2018-GST dated 17 September 2018

9311

Transit Cargo from Kolkata to Nepal and Bangladesh and Vice Versa thru ECTS (Electronic Cargo Trading System) with Electronic Seals - Facilities Extended Five More LCSs on Nepal and Petrapole/Gede on Bangladesh Border, Circular 52/2017 Amended

CBIC Circular No. 32/2018-Customs dated 17 September 2018

9312

MEIS Customs Notification – Payment of Duty with Scrip – Changes to Align them with FTP

Ntfn 63/18.09.2018

9313

DGTR Issues Proforma for Change of Name of Producers/Exporters in Anti-dumping and Countervailing Duty Investigation

DGTR Trade Notice No. 12/2018 dated 17 September 2018

9314

Amendment Procedure in Advance Bill of Entry Decentralised

Facility Circular 41/2018 dated 14.09.2018

9315

Suresh Prabhu Urges G-20 Members to Focus on Services for Enhancing Global Trade

MoC&I Press Release dated 18-09-2018

9316

China Retaliates as US Slaps Tariffs

ABS News Service/19.09.2018

9317

Govt Plans Hike in Gold Import Duty to Check Rising CAD

·     Move may Hamper Exports, say Jewellers

ABS News Service/19.09.2018

9318

Radical Invoicing Proposal could do Away with GST Returns Chore

·     Business-to-Business (B2B) Transactions

·     ‘Distinct Invoice Number’ (DIN)

ABS News Service/19.09.2018

9319

Pending IGST Refund Claims of Exporters

·     CBIC Authorises Cost Accountants to Provide Certificates in Mismatch of GSTR-1 and GSTR-3B Cases

CBIC Circular No.33/2018-Customs dated 19 September 2018

9320

Online Mode for SEIS Applications only After 3 Oct 2018 in New Format ANF 3B

DGFT Trade Notice No. 33/2018 dated 18/20 September 2018

9321

South African Rand Exchange Rates

Notification No.80/2018 - Customs (N.T.) dated 19 September, 2018

9322

China Plans Broad Tax Cut on Tariff Next Month

ABS News Service/20.09.2018

9323

US, China Prepare to Impose New Round of Tariffs Next Week, Targeting Billions of Dollars in Goods

ABS News Service/20.09.2018

9324

G20 Trade Ministers Call for "Urgent" Discussions on WTO Update and Efforts to Boost Confidence in Trade

ABS News Service/20.09.2018

9325

E-Commerce Operators to Collect 1% GST in All Transactions

52-CT/20.09.2018
02-IGST/20.09.2018

9326

Joint Ventures of Government through Subsidiaries also covered for Exemption of Lease Rentals for Industrial Promotion

23-CT(Rate)/20.09.2018
24-IGST(Rate)/20.09.2018

9327

Rupee Falls by Rs. 1.10 against Dollar to Rs. 73.65 w.e.f. 21 September 2018

81-Cus(NT)/20.09.2018

9328

Manufacturers Allowed Raise ECB for One Year with $50mn Limit

09-RBI/19.09.2018

9329

Foreign Standards Accepted for Free Import of Motor Vehicles in M1 or L Category upto 2500 per Year

·     Import through Authorised Reps Must

ABS News Service/21.09.2018

9330

Fraudulent ITC of Rs. 79.21 crs Detected in Gurugram

ABS News Service/21.09.2018

9331

Gold, Silver Jewellery and Silver Articles Drawback Rates Raised

·   Rs. 264 from Prev Rs. 246.5 (Gold jewellery)

·   Rs. 3410 from Prev Rs. 2851 (Silver Jewellery and Articles)

82-Cus(NT)/24.09.2018

9332

Exemption of IGST on EOU Import Extended by Six months to 1 April 2019

Ntfn 65/24.09.2018

9333

Auto Out of Charge without Custom Approval Allowed in Chennai Customs

Chennai Customs Brokers’ Association

9334

Anti-dumping Duty on Saturated Fatty Alcohols from Indonesia, Malaysia and Thailand – Combinations of Low Duty Parties to be Charged Higher Duty

48-ADD/25.09.2018

9335

Linear Alkyl Benzene from China, Iran and Qatar

·     Exporter Company Name Corrected as “M/s Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) Q.P.J.S.C. Qatari Private Joint Stock Company”

49-ADD/25.09.2018

9336

Remnant of Chemicals Export Allowed under SCOMET Items Category 1A in Appendix 3

34-Ntfn/25.09.2018

9337

Rising imports from China hit MSMEs hard: House panel

ABS News Service/26.09.2018

9338

Consumer Durables and Other “Non Essential” Items Hiked on 26 Sept 2018

ABS News Service/27.09.2018

9339

Schedule Basic Duty Ranging from 2.5% to 10% Hiked under Emergency Powers to Amend Customs Tariff Act, 1975

·     Plastic Boxes, Cases, Crates and other Household Articles

·     Radial Tyres

·     Sports and Leather Footwear

·     Gold and Silver Articles

·     Compressor of Refrigerator

·     Gas Compressor of Air Conditioning

·     Air Conditioning Machines

·     Domestic Refrigerators

·     Washing Machine

Ntfn 67/26.09.2018

9340

Duty Raised to 7.5% from 5% on Cut and Polished Coloured Gemstones, Diamonds and Non-Industrial Diamonds

Ntfn 68/26.09.2018

9341

Custom Duty on Speakers in Heading 8518 Hiked to 15% from 10%

Ntfn 69/26.09.2018

9342

Aviation Turbine Fuel (ATF) Custom Duty Raised to 5% from Nil

Ntfn 70/26.09.2018

9343

IGST Exemption to Advance Authorisation and EPCG Scheme Extended Till 31 March 2019 –Customs Notifications Amended

Ntfn 66/26.09.2018

9344

IGST Exemption to Advance Authorisation and EPCG Scheme Extended Till 31 March 2019 – FTP Amended

35-Ntfn/26.09.2018

9345

Supreme International FZC Dropped as Pre-Shipment Inspection Agency

40-PN/26.09.2018

9346

MEIS of 20% on Cheese, Milk and Butter for the Next Three Months till 12 January 2019

41-PN/27.09.2018

9347

Low Value Limit for Export to Post, only Courier Exports Limit is at Rs. 5 Lakhs

36-Ntfn/27.09.2019

9348

Supporting Companies in Anti-dumping Applications to Provide Data

DGTR Trade Notice No. 13/2018 dated 27 September 2018

9349

Agri Negotiations at WTO – Update

ABS News Service/28.09.2018

9350

India Exports Non-basmati Rice to China for the First Time

ABS News Service/28.09.2018

9351

Indian Steel Association Announces the First International Steel Conclave in India

ABS News Service/28.09.2018

9352

RBI Relaxes SLR Rules to Ease Liquidity Fears

·     Banks Allowed to Use up to 15% of SLR Holdings

ABS News Service/28.09.2018

9353

WTO Down Grades Growth in Trade in 3.9% in 2018 from 4.4%

ABS News Service/28.09.2018

9354

35 Machines for Manufacture of Parts and Components for Mobile Handsets, Data Cable, PCBs, PCBA, Speaker and Receiver, Optical Cables at Zero Basic Duty Notified

Ntfn 71/28.09.2018

9355

Basic Duty Reduced to Nil on Key Parts and Components of Textile Machinery

·     No End Use Condition only Classification under 8448 Code, Free Transferability

Ntfn 72/28.09.2018

9356

Date for Compulsory RFID Sealing for Movement of Export Containers Pushed Forward to 1 Nov

34-CBIC/28.09.2018

9357

Restricted Policy on Peas Import Extended by Three More Months till 31 Dec.’ 2018

37-Ntfn/28.09.2018

9358

No GST on Fees for Yoga Camp for Income Tax Exempt Entities

Circular No. 66/40/2018-GST dated 26 September 2018

9359

South African Rand Exchange Rates

83-Cus(NT)/28.09.2018

9360

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

84-Cus(NT)/28.09.2018

9361

All Importers and Exporters, Customs Brokers to Register with ICEGATE for Access to eSANCHIT (Mother of All Paperless Customs Clearance)

CBIC Circular No 35/2018-Customs dated 1 October 2018

9362

Excise Duty Cut of Rs.1.5 per Litre for Petrol and Diesel [both Branded and Unbranded] with effect from 5 October, 2018

21-CE/04.10.2018

9363

Petcoke Free Import Allowed for Graphic Electrode Industry

38-Ntfn/28.09.2018

9364

No Objection Certificate (NOC) Required from Narcotic Commissioner, Gwalior for 34 Chemicals

39-Ntfn/03.10.2018

9365

Eight Digit Accounting Code for GST TDS Introduced

Circular No. 67/41/2018-DOR dated 28 September 2018

9366

DGFT says Comprehensive Export Strategy Finalised, Outstanding Issues Taken Up with Other Ministries

ABS News Service/04.10.2018

9367

More Time for Red Sanders Export Quota

DGFT Notification No.40 /2015-2020 dated 3 October, 2018

9368

Rupee Falls by Re.0.95 against Dollar to Rs. 74.60 w.e.f. 5 October 2018

Notification No. 85/2018 - Customs (N.T.) dated 4 October 2018

9369

Commerce Minister Chairs Inter-Ministerial Meeting to Promote Economic Growth

ABS News Service/05.10.2018

9370

Geographical Indication (GI) Tag for Alphonso Mango from Konkan

ABS News Service/05.10.2018

9371

Indian Potash Limited (IPL), Chennai Delisted as State Trading Enterprises for Urea Import

Free Import of Urea for “Industrial/Non-Agricultural/Technical Grade” Subject to AU Condition Continues

DGFT Notification No. 41/2015-2020 dated 5 October 2018

9372

Anti-dumping Duty Imposed on Nylon Multi Filament Yarn from EU ($128.06/MT) and Vietnam ($384.02 and $719.44/MT) for Five Years

Notification No.50/2018-Customs (ADD) dated 5 October 2018

9374

DGFT Clarifies SEIS Incentive not Applicable  to Education Services Rendered by Indian Institutes to NRIs under FTP 2015-20

·     SEIS Benefits are not eligible for Services given to Indian Students Sponsored by NRIs, since such Category of Students cannot be Considered as Foreign Consumers

DGFT Policy Circular No. 13/2015-2020 Dated 05.10.2018

9375

SEIS Applications on Online Mode only from 8 Oct 2018 in New Format ANF 3B

DGFT Trade Notice No. 34/2018 dated 4 October 2018

9376

RBI Permits Public Sector Oil Marketing Companies (OMCs) to Raise ECB for Working Capital with Minimum Average Maturity period of 3/5 years from all Recognized Lenders under Automatic Route

·     Individual Limit of USD 750 million or Equivalent and Mandatory Hedging Requirements as per the ECB framework

·     Overall Ceiling for such ECBs shall be USD 10 billion Equivalent and the said Facility will come into effect from the date of this Circular

A.P. (DIR Series) Circular No.10 dated October 3, 2018

9377

Online Registration and Filing of Claims, by Eligible Units for Disbursal of Budgetary Support under GST Regime

·     States of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North East including Sikkim

Circular No.1067/6 /2018-CX Dated 5th October, 2018

9378

Cruise Tourism Applicability of Customs provisions - Clarifications

·     A cruise vessel calling on an Indian port would, therefore, be liable to pay duty on liquor and other consumed stores during its transit through territorial waters ·or its period of stay at port in India. Mere passage through Indian customs water without calling on at any of the Indian ports would not attract customs duties.

·     Cruise ships have the legal obligation to pay the customs duty and Customs will go by the self-assessment and declaration of cruise vessels

CBIC Instruction No. 15/2018-Customs dated 4 October 2018

9379

Commerce Minister Releases Study on India-China Trade

ABS News Service/06.10.2018

9380

SEZ Policy Review Committee Holds Final Meeting in New Delhi

ABS News Service/06.10.2018

9381

Reward Scheme for Informers and Government Servants Extended to GST

Circular No. 36/2018 – Customs dated 5 October 2018

9382

UN Agencies are Entitled to Refund of Compensation Cess on Intra-State and Inter-State Supply of Goods or Services under Sec. 55 of CGST Act, 2017

Circular No. 68/42/2018-GST dated 5 October 2018

9383

Amendments in CGST Rules 2017

·     Rule 96(10) to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports and align rule 89(4B) to make it consistent with rule 96(10).

·     Rule 89 - Application for refund of tax, interest, penalty, fees or any other amount

·     Rule 96 - Refund of integrated tax paid on goods or services exported out of India

Notification No. 54/2018 – Central Tax dated 9 October 2018

9384

CGST Rules 2017 Amended

·     Rule 96 - Refund of integrated tax paid on goods or services exported out of India

Notification No. 53/2018 – Central Tax dated 9 October 2018

9385

IGST Refund not Granted Due to Claiming Higher Rate of Drawback or where Higher Rate and Lower Rate were Identical

CBIC Circular No. 37/2018-Customs dated 9 October 2018

9386

Ductile Iron Pipes (DI Pipes) from China Anti-dumping Duty Extended for Six months to 9 April 2019 in Review

Notification No. 51/2018-Customs (ADD) dated 9 October 2018

9387

Ductile Iron Pipes (DI Pipes) from China Sunset Review Initiated

·     Electrosteel Casting (ECL), Srikalahasti Pipes (SPL) and Jindal Saw Claim Dumping Continues

Initiation Notification [Case No. SSR- 09/2018] dated 9 October 2018

9388

e-Seals Classified in Tariff Item 8309 90 30

CBIC Instruction No.l6/2018- Customs dated 8.10.2018

9389

Procedure for Manual Correction in EDI Bills of Entry at JNCH

Public Notice No. 134/2018 dated 01.10.2018

9390

Govt Set to Dump Direct Port Delivery Scheme

·     Freight Stations to Get a Fresh Lease of Life

ABS News Service/11.10.2018

9391

Import Duty on Key Telecom Equipment Hiked to 20% from 10% on the Lines of Mobile Phone Duty of 20 percent. Notification 74 dtd 11 Oct, 2018

74/11.10.2018

9392

Optical Equipment, IP Radio BCD Raised to 20% from 10 percent

75/11.10.2018

9393

PCBA for Eight Telecommunications Goods cannot be Imported under Zero Duty ITA

76/11.10.2018

9394

ATF Excise Cut to 11% from 14% to Check Price

Notification No. 22/2018-Central Excise dated 10 October 2018

9395

Anti-dumping Duty Dropped on Phthalic Anhydride from Korea, Taiwan and Israel – Sunset Review Finds No Significant Injury to Domestic Industry

·     Notification 58/2012- Customs (ADD), dated 24 December, 2012 Rescinded

Notification No. 52/2018-Customs (ADD) dated 15 October 2018

9396

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

Notification No. 86/20 18-Customs (N.T.) dated 15 October 2018

9397

Clarifications of GST Refund

MoF Press Release dated 12 October 2018

9398

Sept Exports Down by 2.15%, Trade Deficit at 5-month low

MoC&I Press Release dated 15 October 2018

9399

Merchandise Trade: April - September 2018 and September 2018

MoC&I Press Release dated 15 October 2018

9400

Quarterly Return Filing by Composition Dealers in FORM GSTR-4 – MoF Clarification

·     Taxpayers who have opted to pay tax under the composition levy shall not furnish the data in serial number 4A of Table 4 of FORM GSTR-4.

MoF Press Release dated 17 October 2018

9401

Amendments in SION – Lauryl Myristyl Alcohol Included as Input Item for Sodium Lauryl Sulphate

42-PN/16.10.2018

9402

WTO Negotiators Look to Lay Groundwork on Post-Brexit Food Import Quotas

ABS News Service/18.10.2018

9403

Finance Ministers Call for Greater Cooperation on Trade, "Shared Challenges": IMF, World Bank Meetings

ABS News Service/18.10.2018

9404

Customs Bonded Warehouse Manufacture under Sec 65 of CA Revamped

·     Sec 65 a Good Substitute for EOU/SEZ under Customs Oversight

38-CBIC-Cus/18.10.2018

9405

'e-malkhana' System on the Lines of Delhi Airport Customs for Handling and Storage of Seized/Confiscated Valuable Goods

·     The packages containing the valuables should be bar coded

·     Strong Rooms/Valuables Godowns is restricted to only authorized officers

·     The seized goods are scaled in containers after weighment and arranging for purityis recorded in the seizure Panchnama/Mahazar

·     Strong Rooms/Valuables Godowns should be equipped with latest Electronic Weighing Machines

17-CBIC Instruction/15.10.2018

9406

Rupee Gains by 30 paise against Dollar to Rs. 74.30 w.e.f. 19 October 2018

87-Cus(NT)/18.10.2018

9407

Last Date for GSTR-3B Filing Extended to 31 Dec. from 30 Sept 2018 for New Migrants to Enable them to Claim Credit for 2017-18

·     GSTR 2A Review of Purchases, Reconciliation for Credit can be done in subsequent period after 3B filing

MoF Press Release dated 18.10.2018

9408

Anti-dumping Duty Imposed on Flax Yarn from China

53-ADD/18.10.2018

9409

Alloy Steel Bars and Rods in Straight Length from China in Anti-dumping Duty Net

54-ADD/18.10.2018

9410

Last Date for GSTR-3B Filing Extended to 25 Oct’2018 for GST Period July 2017 - March 2018

Notification No. 55/2018 – Central Tax dated 21 October 2018

9411

Inter-State Supplies of Handicraft Goods Exempted from GST Registration

·     No E-Way Bill Exemption

·     Required to obtain a Permanent Account Number and generate an e-way bill in accordance with the provisions of rule 138 of the Central Goods and Services Tax Rules, 2017

Notification No. 3/2018 – Integrated Tax dated 22 October 2018

9412

Free Import Allowed to Pet Coke for Aluminium Industries

·     Import of 0.5 MT per annum of Pet Coke for anode making by the Aluminium Industry and 1.4 MT per annum for producing calcined pet coke by the Calcined Pet Coke Manufacturing units is allowed with Actual User Condition

DGFT Notification No. 42/2015-2020 dated 23 October 2018

9413

RFID Seals - Owner of the Goods to Procure RFID Seal from the Destination Warehouse Instead of Originating Warehouse

Circular No. 39/2018-Customs dated 23 October 2018

9414

Post Audit Authorities under MoD from TDS Compliance Exempted under TDS Section 51(1) of CGST Act, 2017

Notification No. 57/2018 – Central Tax dated 23 October 2018

9415

Inter-State Supplies of Handicraft Goods Exempted from CGST Registration

·     No E-Way Bill Exemption

Notification No. 56/2018 – Central Tax dated 23 October 2018

9416

Procedure for Clearing Short Refunds of IGST Released under Special window

CBIC Circular No. 40/2018-Customs dated 24 October 2018

9417

DGTR Drops Provisional Anti-dumping Duty on Di Methyl Formamide (DMF) from China PR, Saudi Arabia and Germany in Final Findings

·     No Significant Injury to Domestic Industry Noticed

Final Finding Notification (Case No. OI-42/2017) [6/37/2017-DGAD dated 23 October 2018

9418

DGFT Notifies Online Procedure for Export of Restricted Items under ANF-2N with Contract Copy and Application Fee

·     30-45 Days Process and Stipulated

·     Offline Manual Mode Option also Available with Application at Headquarter

DGFT Trade Notice No. 35/2018 dated 25 October 2018

9419

Domestic Industry Vardayini Chemical Files Application in Gujarat High Court against Lapsing of Anti-dumping Duty of Saccharin

·     Gujarat High Court Takes Note and Orders Duty Free Clearance subject to Results of the Petition

TRU Instruction No. 18/2018-TRU dated 25 October 2018

9420

Cancellation of GST Registration Procedure Specified

Circular No. 69/43/2018-GST dated 26 October 2018

9421

GST ITC-04 Time Limit Extended to 31 December 2018 for Job Worker Movements during July 2017-Sept 2018

Notification No. 59/2018 – Central Tax dated 26 October 2018

9422

Final Return of Cancelled Registration Cases in GSTR-10 before 31 Dec. 2018

Notification No. 58/2018 – Central Tax dated 26 October 2018

9423

BIS Registration for 49 Electronic Goods under RCR Order 2012

·     Second Hand Goods too must Register or get Exemption Letter from MEITY

·     CKD Imports Allowed but SKD only for Manufacture with Permission from Brand Owner

·     Demo, R&D and Testing Goods Exempted

·     Parts Embedded in Main Equipment like Battery and Adaptor too need Registration

New Customs House, IGI Airport, New Delhi Public Notice No. 26 dated 9th October 2018

9424

ICD Patparganj Notifies CE Empanelment Procedure – Only DGFT Approved Engineers to Apply

Patparganj & Other ICDs Public Notice No. 34 dated 5th October 2018

9425

Use Departmental Testing Labs only, Orders JNPT

Jawaharlal Nehru Customs House Standing Order No. 38/2018 dated 17th October 2018

9426

Refund Claim in Deficiency Memo Cases – No Re-credit in Ledger – Refund Application to be Accepted under earlier Application Reference Number (ARN)

·     IGST Refund Allowed in EPCG Cases even during the period 13 Oct 2017-9 Oct 2018

Circular No. 70/44/2018 –GST dated 26 October 2018

9427

Clarification of Casual Taxable Person (CTP)

·     Advance GST for CTP on Net Basis after ITC Credit

·     CTP will be Treated as Normal Taxable Person after 180 days

·     Excess Credit Distributed by ISD to be Voluntarily Deposited Back with Interest in Form DRC-07

Circular No. 71/45/2018-GST dated 26 October 2018

9428

Credit Note Issue for Expired Drugs Clarified

·     Time expired drugs or medicines under the GST laws

·     Return of time expired goods to be treated as fresh supply

·     Return of time expired goods by issuing Credit Note

·     Issuing a delivery challan

·     Credit note is issued within the time limit specified in sub-section (2) of section 34 of the CGST Act, the tax liability may be adjusted by the supplier

·     Time limit specified in sub-section (2) of section 34 of the CGST Act has lapsed but the tax liability cannot be adjusted by him in his hands

·     There is no requirement to declare such credit note on the common portal by the supplier

·     where the time expired goods, which have been returned by the retailer/wholesaler, are destroyed by the manufacturer, he/she is required to reverse the ITC attributable to the manufacture of such goods

Circular No. 72/46/2018-GST dated 26 October 2018

9429

Revised Mandatory Standard for Dry Cell Battery

·     With the publication of this revised Indian Standard, IS 9128:1999 is superseded and hence shall be withdrawn after 30 April 2019.

·     Indian Standard i.e. IS 8144:2018 covering all types of Zinc Carbon batteries of different sizes namely R03, R6, R14 and R20 from 1 May 2019 including Heavy Duty Dry Batteries released. Old IS 8144:1997 and 9128:1999 replaced.

ABS News Service/29.10.2018

9430

PVC Resin Sunset Review Initiated on DCW, Chemplast Application, Reliance Finolex Remain in Background

Initiation Notification (Case No. SSR 17/2018) File No.7/34/2018-DGTR dated 29 October 2018

9431

DGTR Refuses to Implement Court Order in Andhra Petro Dumping Petition

·     Says No Ground under Anti-dumping Rules Available

F. No. 14/20/2016-DGAD dated 29th October, 2018

9432

Zeolite 4A (Detergent Grade) from China to Face $207.72 per MT Anti-dumping Duty, Two Producers to Face Lower Duty

Final Finding (Case No. O.I. 25/2017) F.No.6/14/2017-DGAD dated 29th October 2018

9433

GOI Reaches out State MSME on GST

F.No.349/94/2017-GST(Pt), GST Policy Wing dated 29.10.2018

9434

Sea Cargo Manifest and Transhipment Regulations Postponed by Four Months

·     New Regulations to Come into Effect from 1 March 2019

Notification No. 88/2018-Customs (N.T.) dated 30 October 2018

9435

DGFT Issues Caution Notice against MSRL Group, Floria USA/Milestone Resourcing (Vaneet Singh Kalsi)

DGFT Trade Notice No. 36/2018 dated 30 October 2018

9436

GST Practitioners to Pass NACIN Exam within Two years of Registration

·     Computer Based Multiple Choice Question Paper of 2.5 hrs Prescribed

Notification No. 60/2018 – Central Tax dated 30 October 2018

9437

Anti-dumping Review of PTA from Korea and Thailand Initiated on Reliance and MCPI Application

Initiation Notification [Case No – 19/2018] dated 31 October 2018

9438

India Blinks a Third Time to Postpone Retaliatory Tariff on US Imports by 45 Days to 17 Dec 2018

Notification No. 77/2018-Customs dated 1 November 2018

9439

Track and Trace for Pharma Exports Further Extended by 8.5 months to 1 July 2019

DGFT Public Notice No. 43/2015-2020 dated 01 November 2018

9440

RFID Seals – Electronic Sealing for Deposit in and Removal of Goods from Customs Bonded Warehouses to be Implemented from 1 Jan 2019

41-CBIC/30.10.2018

9441

RFID Tag Must in UP for E-Way Bill

ABS News Service/02.11.2018

9442

Delhi Customs Organises Refund Mela from 1 to 15 Nov 2018

New Customs House, New Delhi Public Notice No. 27/2018 dated 25 October 2018

9443

Manual Clearance of Export Refund at Delhi Customs Introduces for SB before 15 Nov

Delhi Customs, Air Cargo Complex Public Notice No. 30/2018 dated 31st October 2018

9444

Revised Tariff Value of Palm Oil, Palmolein, Gold and Silver and Brass Scrap

89-Cus(NT)/31.10.2018

9445

Leghorn RFID Seals Defective says Delhi Customs CC

New Customs House, New Delhi Public Notice No. 10 dated 25th October 2018

9446

Rupee Falls by 40 paise against Dollar to Rs. 74.70 w.e.f. 2 November 2018

Notification No. 90/2018 - Customs (N.T.) dated 1 November 2018

9447

Govt Claims Good Progress in Customs on “Ease of Doing Business” Front

ABS News Service/02.11.2018

9448

US Withdraws GSP to India on 90 Items

·     Handloom Fabrics and Hand Woven Carpets Hit Badly

ABS News Service/02.11.2018

9449

India on the Mat at WTO for 20% Mobile Duty

·     Rectification of Bound Rate of Zero to Alters Scope of IT Commitment, says Subject Committee

·     China too Hauled up for Duty on Semiconductors

ABS News Service/03.11.2018

9450

Transhipment of Bangladesh Cargo Destined for Foreign Ports through Kolkata Port

CBIC Circular No. 42 dated 2nd November 2018

9451

EPCs should Shift Online Mode for RCMC Issue by 31 Dec without exceptions

·     Must Upload All RCMCs on DGFT Server

37-TN/02.11.2018

9452

CBIC Targets 50th Position on Ease of Doing Business Rank

D.O.No.19/CH(IC)/2018 dated 02.11.2018

9453

Gold Findings Export Recognised in Jewellery Export Policy

DGFT Notification No. 43/2015-2020 dated 5 November 2018

9454

EPC EOU to Cover All Products for RCMC

DGFT Public Notice No.44 / 2015-2020 dated 5 November 2018

9455

Agent (DCA or Del-Credere) Liability for GST Clarified

Circular No. 73/47/2018-GST Dated 5th November, 2018

9456

In GST Supply Chain Charge First Order Seller for Goods Value and Second Order for Service Rendered

Circular No. 74/48/2018-GST Dated the 5th November, 2018

9457

TDS Exempted on Supply from PSU to PSU from 1 Oct. 2018

Notification No. 61/2018 - Central Tax Dated 5th November, 2018

9458

ITU to Set Up Shop in India in Jan

ABS News Services/09.11.2018

9459

Commerce Secy Asks China for Access to Sugar Market

·     India Participates in Import Show in Shanghai

ABS News Services/09.11.2018

9460

India Claims Support from Three Asean Members for Freeze on RCEP at Auckland Meet

ABS News Services/09.11.2018

9461

Precision Biotechnology Emerges as a Tool for Agricultural Innovation

ABS News Services/09.11.2018

9462

FIEOs participation as Lead Agency for India Pavilion at the 1st China International Import Expo (CIIE) in Shanghai

ABS News Services/09.11.2018

9463

All India EDI Based eSANCHIT Launched for Exports from 8 Nov

·     Decision taken After successful Implementation of the Pilot at Air Cargo Complex, New Delhi and Chennai

·     Login in www.icegate.gov.in for uploading Supporting Documents

·     View of Uploaded Documents for a Period of 5 Years

·     Customs Officers will be able to Access the All the Uploaded Documents Online and Raise Query for Additional Documents

·     Additional Docs to be Filed Online after Obtaining IRN (Image Reference No.)

·     After filing of the Self Assessed SB visit Customs Port for Goods Registration, Docs Verification and LEO (Let Export Order)

·     Examination Report to be Filed Online by Customs Officers

43-CBEC/08.11.2018

9464

Embassies and UN Organizations are Filing Wrong Information of Place of Supply in Form GSTR-11 under Rule 82 of CGST Rules, 2017

·     Place of Supply means where Goods will be Delivered According to Invoice, not where Firm/Entity is Registered

·     Same State Supplier and Place of Supply then CGST + SGST is Charged, Different States then IGST is Charged

CBIC Press Release dated 9th November 2018

9465

GST Refund Rs. 82,775 crs Claimed by CBIC as on 31 Oct 2018

·     ITC Refund Due under RFD-01A is High Rs. 2,146 crs for States

CBIC Press Release dated 8th November 2018

9466

Compulsory Hedging Period for ECB Cut to 3 Years for Infra

·     Average for ECB Maturity Now 5 Years for Exemption of Hedging

RBI Circular No. 11 dated 6th November 2018

9467

CITES, Extended Producers Responsibility (CPCB) and Drugs Licence to Go Online for Clearance from 16 Nov

·     Agency to Upload Three Licences, Importer not Allowed

·     Trade Fears Excessive Computerisation will Hold up Clearances

·     More Such Measures for Other Documents on the Anvil

Circular No. 44 /2018-Customs dated 13 November 2018

9468

New Deal for Import Export E-Way Bill

·     Multiple Parties and Part Consignments Recognised

MoF Press Release

9469

India Secures More Time for RCEP

·     Move Postponed but Major Concessions to ASEAN + Six Accepted

ABS News Service/14.11.2018

9470

Corrigendum dated 12 November 2018 to Ntfn 60/2018-Central Tax, dated the 30th October, 2018

Corrigendum dated 12 November 2018

9471

Last Date for Installation of Radiation Monitors for Un-shredded Scrap at Designated Ports Extended by Five More Months till 31 March 2019

·     DGFT Threatens De-recognition to the 14 Ports if No Monitors by New Date

·     Ports may be Happy to be Rid of Unremunerative Cargo, Trade Feels Parallel System of PSIC at Load Port Cheaper and Faster

45-PN/15.11.2018

9472

PM Unveils 12 Key Initiatives for MSME Support and Outreach

59 Minute Loan Portal to Enable Easy Access to Credit for MSMEs

·     Mandatory 25 percent Procurement from MSMEs by CPSEs

·     Ordinance for Simplifying Procedures for Minor Offences under Companies Act

ABS News Service/15.11.2018

9473

Chairman CBIC Inaugurates Regional Contact Point (RCP) Three Days Meeting of Asia Pacific Region of WCO at Jaipur

·     India Assumes Vice Chair of Asia Pacific Region for WCO

·     Delegations from More than 25 Countries along with Regional Bodies of WCO Attending

ABS News Service/15.11.2018

9474

O-Ester also included in the Anti-dumping Notification after findings of Circumvention of O-Acid Duties through O-Ester Route

55-ADD/15.11.2018

9475

Exports Up to 17.9% to $26.98bn in October

·     Imports too Rise to $44bn, a Rise of 17.6%

·     Gold Imports Fall 42.9% to $1.68bn in Oct

MoC&I Press Release dated 15 November 2018

9476

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

92-Cus(NT)/15.11.2018

9477

Rupee Gains by Rs. 1.75 against Dollar to Rs. 72.95 w.e.f. 16 Nov. 2018

93-Cus(NT)/15.11.2018

9478

Stock and Sale SCOMET Export Allowed in Foreign Country

46-PN/15.11.2018

9479

EPCG Authorisation Validity Raised to 24 months from 18 months

47-PN/15.11.2018

9480

Export Credit of $3.5mn Released for Financing and Servicing of Three Chetak Helicopters to Suriname

14-RBI/15.11.2018

9481

Export Credit of $27.5mn to Suriname for Up-gradation of Transmission Network Infrastructure

13-RBI/15.11.2018

9482

Export Credit of $2.5mn for Financing Unfinished Fertilizer Plant Project to Madagascar

12-RBI/15.11.2018

9483

Australia Takes India to WTO on Sugar Subsidies

ABS News Service/17.11.2018

9484

Re-import of Goods Exported through Post are also Covered for Exemption under Ntfn 45/2017 and 46/2017 dated 30.06.2017

·     Non Export under Sec. 51 of CA 1962 is No Bar, Clarified TRU

45-CBIC/19.11.2018

9485

WTO Goods Council Takes up US Request for Full Transparency in Reporting WTO, Fines and Punishment for Non-adherence to Rules Proposed

·     Full Loaded 37 Items Agenda Proposed, India on the Mat on Mobiles and ICT Tariff

·     Sugar Subsidies from India and China Questioned

·     Five Countries Launch Attack on Pulses Duty in India

·     US Objects to Restrictions on Scrap Import in China

ABS News Service/21.11.2018

9486

DGFT Notifies Bhadohi (UP) as Town of Export Excellence for Carpet and Floor Coverings

48-PN/20.11.2018

9487

Typographical Corrections in Exporters Names in the Flax Yarn Anti-dumping Case

·     Ningbo Winway Co. Ltd and Hangzhou Shanglu Silk Co., Ltd in Ntfn 53/2018-Cus(ADD)

DGTR Notification Corrigendum dated 20 November 2018

9488

5% MEIS for Non Basmati Rice for Four Months

·     Valid from 26 Nov 2018 to 25 Mar 2019 to Boost Falling Exports Price

·     Bangladesh Reaps Bumper Harvest, Demand Falls

49-PN/22.11.2018

9489

Revised Checklist for Submission of Anti-dumping Duty and Countervailing Duty Applications to DGTR for Initiation of Investigations

DGTR Trade Notice: 15/2018 dated 22 November 2018

9490

Quadricycles (Four Wheeler or Three Wheeler Body) Notified as Non Transport Vehicles also under MV Act, 1988

Ministry of Road Transport & Highways Press Release dated 23.11.2018

9491

US Says No to India on Talks at WTO on 25% Steel and 10% Aluminium Tariffs

·     Second Request on Talks to Result in Panel

·     India’s Retaliatory Tariff on US due on 17 Dec

·     Eight Others including EU and China too in WTO Over US Metal Tariffs

ABS News Service/23.11.2018

9492

First Trade War in Offing at NTBs Rise Six Fold in Six Months of May-Oct 2018

ABS News Service/23.11.2018

9493

Consuming Nations Protest Agri Export Restrictions

ABS News Service/23.11.2018

9494

Pet Coke Quota Allocation Application thru ANF 2M

DGFT Public Notice No. 50/2015-20 dated 26 November 2018

9495

MoEF Guidelines for Petcoke Quota Allocation

Office Memorandum No. Q-18011/54/2018-CPA dated 10 September 2018

9496

IGST Refund for Non EDI Exports through Email Info to DG Systems – Field Formations asked to Speed Up uploading

CBIC Instruction No. 20 /2018-Customs dated 26 November 2018

9497

Last Date for Filing GSTR-3B, GSTR-1, GSTR-4 and GSTR-7 by Taxpayers in Cyclone Affected Tamil Nadu and Srikakulam (AP) Extended

MoF Press Release dated 28 November 2018

9498

Electronic Nicotine Delivery Systems (ENDS) Advisory – Refer e-Cigarettes to Drug Controller for Clearance

46-CBIC/27.11.2018

9499

EPRA Code under Single Window Changed to 651002 instead of 651001

47-CBIC/27.11.2018

9500

Infrastructure Companies Mandatory Hedge Coverage Reduced to 70% from 100%

15-RBI/26.11.2018

9501

Cereal and Vegetable Waste can be Used for Ethanol Extraction Petrol Blending

ABS News Service/29.11.2018

9502

UK to Join Government Procurement Agreement at WTO Independent Brexit

ABS News Service/29.11.2018

9503

No Replenishment of Gold in GST Refund Cases

Ntfn 78/29.11.2018

9504

Last Date for Filing GSTR-3B, GSTR-1, GSTR-4 and GSTR-7 by Taxpayers in Cyclone Affected Tamil Nadu and Srikakulam (AP) Extended

Ntfn 62 to 66 Central Tax dated 29 November 2018

9505

Gold Dore Imports Curbed, Imports Restricted

·     Refining Units will need DGFT Licence

·     Gold Prices may Rise along with Informal Trade

DGFT Notification No. 45/2015-2020 dated 30 November 2018

9506

Gold Idols included in Jewellery Export List

·     Facility Allowed only to Manufacturers

·     No Weight Restrictions, Pure Gold upto 24 Carats Allowed

DGFT Notification No. 44/2015-2020 dated 30 November 2018

9507

Wastage Norms and Value for Gold Idols Prescribed

DGFT Public Notice No. 51/2015-2020 dated 30 November, 2018

9508

DGFT Notifies Rs. 600 Max as Origin Certificate Issuance Fee to Check Profiteering by Chambers of Commerce

·     Rs. 7500 for Post Verification of Self-certified Origin Certificate under EU- GSP for Single Unit

52-PN/30.11.2018

9509

Provisions for Fees for Preferential Certificate of Origin

·     Chamber of Commerce Must Issue Preferential Certificate of Origin within One Working Day

53-PN/30.11.2018

9510

BIS Approved Refineries Listed in Appendix 2X for Licensing Gold Dore Import

54-PN/30.11.2018

9511

Temporary Import with Re-export Condition under FICCI Carnet Guarantee Allowed to AEO

·     Container Re-export under 104/1994 dtd 16 Mach 1994 Procedure Explained

48-CBIC/03.12.2018

9512

Fast Track Disposal of Cargo Stuck with Customs

·     NTB Non-Compliant to Destroyed

·     Compliant Cargo Cleared on Bidding through MSTC on Reserve Price

·     If No Bids Around Reserve Price, Highest Bidder Gets Stuck Cargo

49-CBIC/03.12.2018

9513

MEIS of 2 % Notified on TMQ w.e.f. 1 Jan 2017

55-PN/03.12.2018

9514

Speed Post Despatch Details Included in MEIS Module

38-TN/03.12.2018

9515

Rs 2,678 crore ITC Refunds Pending with States, Exporters Too are Short of Rs 2,473 crores on IGST Refund

MoF Press Release dated 03.12.2018

9516

Govt Slaps Minimum Landed Value of $855 per MT on Uncoated Copier Paper from Indonesia, Thailand and Singapore

56-ADD/04.12.2018

9517

EU Asks India to Drop Mandatory Quality Testing for Steel Imports

ABS News Service/06.12.2018

9518

EOU Notifications Aligned with Revised FTP, GST

·     Warehousing Exemption Included

·     B17 Bond Updated

Circular No. 50/2018-Customs dated 6 December 2018

9519

EOUs under General Scheme – Amendments in Customs Notification

·     After Sales Service for Repairs and Reconditioning of Electronic Goods Exported Earlier

·     Re-export Must Take Place within One Year of Re-import

Notification No. 79/2018-Customs dated 5 December 2018

9520

EOUs under General Scheme – Amendments in Excise Notifications

Notification No. 23/2018-Central Excise dated 5 December 2018

9521

B-17 Bond

Notification No. 1/2018-Central Excise (N.T) dated 5 December 2018

9522

New Drawback Rates Effective from 19 December 2018 Released – Customs Notification

Notification No. 95/2018-CUSTOMS (N.T.) dated 6 December 2018

9523

Revised Territorial Jurisdiction of RA of DGFT

·     RA Amritsar Merged in RA Ludhiana

·     RA Goa in Mumbai

·     RA Puducherry in Chennai

DGFT Public Notice No. 56 /2015-2020 dated 5 December 2018

9524

Errata to Public Notice No.50/2015-2020 dated 26th November, 2018 - Pet Coke Quota Allocation Application thru ANF 2M

DGFT Public Notice No.57/2015-20 dated 6 December 2018

9525

Rupee Gains by Rs. 1.20 against Dollar to Rs. 71.75 w.e.f. 7 Dec. 2018

Notification No. 96/2018 - Customs (N.T.) dated 6 December 2018

9527

Cabinet Approves Agriculture Export Policy, 2018

ABS News Service/07.12.2018

9528

DRI concludes discussions with International Customs partner agencies in a two-day meeting held on 4th and 5th December, 2018;

·     Special emphasis made on sharing of data and intelligence between different Customs administrations;

·     Extensive discussions held regarding mutual strategy to counter organized crime related to drugs, precious metals & stones, money laundering and black economy

ABS News Service/07.12.2018

9529

WTO Chief Warns of Economic Danger of Trade War

ABS News Service/07.12.2018

9530

Manual Filing for AEO T1 to Continue till End of Financial Year 2018-19

·     T1 and T2 Certification Validity Extended to Three Years

CBIC Circular No. 51/2018- Customs dated 7th December 2018

9531

Meadow Port (Andaman and Nicobar Islands) Notified for Unloading Imported Goods and Loading Export Goods

Notification No. 97/2018- Customs (N.T.) dated 7 December 2018

9532

GSTR 9, 9A and 9C Forms Uploading on Portal Shortly

·     Last Date for Filing Extended to 31 March 2019

Press Release dated 7 December 2018

9533

Lapsed ITC can be Claimed till 31 March 2019, Last Date of 30 Sept Challenged

·     Gujarat High Court Accepts Petition Challaning GST Law to Restrict ITC Claimed upto Sept 2018 GSTR 3B

ABS News Service/12.12.2018

9534

GST Regime has not Upped Tax in Real Estate, says Govt

·     GST Rates same as previous Excise Regime

·     No GST after Completion Certification

·     ITC available to Builders in Pre-completion Cases, he is to pass onto Buyer in Low Price

Press Release dated 8 December, 2018

9535

Export Credit of $500mn to Tanzania for Financing Water Supply Schemes

16-RBI/06.12.2018

9536

Korean Won and Turkish Lira Recognised for Customs Valuation Exchange Rate

MoF Press Release dated 12 December 2018

9537

New Drawback Rates Effective from 19 December 2018 – CBIC Circular

52-CBIC/12.12.2018

9538

Prohibited Items in SCOMET List not Allowed for Exhibitions

58-PN/12.12.2018

9539

Export Authorisation for Re-export or Return of SCOMET Items

59-PN/12.12.2018

9540

IEC is to be Issued Only in the Name of Firm and Not in the Name of the Partner or Proprietor

·     Details will be Verified against the ID of the Partner/Proprietor

39-TN/12.12.2018

9541

Users Mukand, Kalyani Steels Plus Five Domestic Industries Demand Review on Anti-dumping Duty on Met Coke from Australia and China

·     DGTR Initiates Mid Term Review (MTR) Investigation

·     Major producers is in insolvency proceeding

·     One of the supporters in the original anti-dumping investigation, has been ordered to liquidate

·     Domestic merchant producers are performing well

·     Landed value of imports of subject goods in India has witnessed a sharp increase year by year and the domestic industry cannot suffer injury when imports are coming at such high price

·     NIP calculated by the Applicants, the injury margin is negative

·     Domestic Produces are incapable to meet the demand in India

·     Huge increase in prices of domestic producers

·     Coking coal used for making subject goods in India is imported from outside India

·     Domestic industry is not suffering injury any longer

·     No likelihood of recurrence of dumping and injury

Initiation Notification (Mid Term Review Investigation) dated 12 December 2018

9542

Anti-dumping Duty Imposed on Zeolite 4A (Detergent Grade) from China

57-ADD/13.12.2018

9543

NACIN to Conduct Customs Brokers Exams Online from Year 2019

CBIC Instruction No.21 /2018-Customs dated 14.12.2018

9544

Trade Restriction Increases Seven Fold after WTO Weakens

ABS News Service/14.12.2018

9545

Retaliatory Tariff Postponed on US Imports at Fourth Time to 31 Jan 2019

Ntfn 80/15.12.2018

9546

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

98-Cus(NT)/14.12.2018

9547

Sugar Mills Threatens with Action for Failing Quarterly Export Target

ABS News Service/17.12.2018

9548

MEIS of 5% for Sal Oil, Kokam Oil and Mango Butter

60-PN/17.12.2018

9549

Duty Free Imports by National Technical Research Organisation Extended by three years to 1 Jan 2022

Ntfn 81/17.12.2018

9550

Prabhu Pushes Export to SAARC

ABS News Service/18.12.2018

9551

Furniture and Fixtures for Hospitals Allowed under EPCG

·     Doors and panels for cold storage in marine exports

Public Notice No. 61 /2015-20 dated 18 December 2018

9552

Rupee Gains by 30 paise against Dollar to Rs. 71.45 w.e.f. 21 Dec. 2018

·     Turkish Lira and Korean Won for Customs Valuation Exchange Rate Notified

Notification No. 99/2018 - Customs (N.T.) dated 20 December 2018

9553

Manual Filing for AEO T1 to Continue till End of Financial Year 2018-19

·     Online Website for EDI to Operate in Parallel

·     Audit Frequency Elongated to Once in Three years

Mumbai Air Cargo Public Notice: 93/2018 dated 19.12.2018

9554

Standard Operating Procedure for Reimport of Hand Carried Precious Exhibition Cargo

·     Clearance through Red Channel Inspection against Manually Filed Advance Bill of Entry

·     Documents to be Hand Carried to Various Point for Data Entry on Icegate Computer

Delhi New Customs House Standing Order No. 03 /2018 dated 18.12.2018

9555

Big Cuts in GST Likely in 22 Dec Council Meeting

ABS News Service/21.12.2018

9556

Minister Says New GST Return Filing System on the Anvil

·     Links between Docs to Check Evasion in the Works

ABS News Service/21.12.2018

9557

WTO Members Voice Commitment to Intensify Fisheries Subsidies Negotiations in 2019

ABS News Service/21.12.2018

9558

GST Council Slashes Rates, New Slab of Five Percent for Small Service Providers

PIB Press Release dated 22nd December 2018

9559

Recommendations Made by the GST Council in its 31st Meeting at New Delhi on 22 Dec 2018

PIB Press Release dated 22nd December 2018

9560

Recommendations for Changes in GST Acts

PIB Press Release dated 22nd December 2018

9561

Important Issues Referred by GST Council to various Committees on 22 Dec 2018

PIB Press Release dated 22nd December 2018

9562

GST Council Approves Formation of seven Member Group of Ministers to Study Revenue Trend

PIB Press Release dated 22nd December 2018

9563

Ban on Milk and Milk Products from China Extended for Four Months Till 23 April 2019

46-Ntfn/24.12.2018

9564

Decisions in GST Council Meet of 22 Dec 2018 to GST Rates on Services

ABS News Service/26.12.2018

9565

New Policy for FDI in e-commerce

PIB Press Release dated 26th December 2018

9566

CGST REFUND

SEVA BHOJ YOJNA (SBY) Scheme on IGST Paid for Free Food Distribution by Temples and other like Bodies

Circular No. 75/49/2018-GST dated 27th December 2018

9567

Norms Details of Advance Authorisation in Minutes Must be Completed to Enable Others to Avail Ad hoc Decision

14-Pol.Cir/27.12.2018

9568

Approved Norms DGFT website can be Used by All for Release of AA

·     Facility Valid for Three Years Only

64-PN/27.12.2018

9569

8424MT Sugar Quota for USA under TRQ for Year 2018-19

·     Description Broadened to Include “All Kinds of Raw Sugar under HS Code 070113 and 070114” under Sugar Quota Allowed

62-PN/24.12.2018

9570

Six More Months for Advance Authorisation Import

·     Second Revalidation from Expiry Date of the First Revalidation

·     Total Validity Now 24 months after 1st and 2nd Revalidation of Six months each

63-PN/27.12.2018

9571

Centre Doubles Export Incentive for Onion Farmers

·     Onions MEIS Raised to 10% from 5% for Six Months from 28 Dec 2018 to 30 June 2019

65-PN/28.12.2018

9572

One More months Allowed to Public Bonded Manufacturers under Section 65 of CA, 1962

·     They have to Move to Private Bonded Warehouse under Circular 38/2018 dated 18.10.2018

53-CBIC/28.12.2018

 

GST and IGST Rates Changes Recommended by GST Council in its 31st Meeting on 22 December 2018 – Effective from 1 January 2019

 

9573

Seeks to further amend notification No. 1/2017-Integrated Tax (Rate) dated 28.06.2017 to change GST rates on goods as per recommendations of the GST Council in its 31st meeting

25/2018-Integrated Tax (Rate), dt. 31-12-2018

9574

Seeks to further amend notification No. 2/2017-Integrated Tax (Rate) dated 28.06.2017 to exempt GST on goods as per recommendations of the GST Council in its 31st meeting.

26/2018-Integrated Tax (Rate), dt. 31-12-2018

9575

Seeks to exempt integrated tax on supply of gold by nominated agencies to registered persons.

27/2018-Integrated Tax (Rate), dt. 31-12-2018

9576

Seeks to amend notification No. 8/2017- Integrated Tax (Rate) so as to notify IGST rates of various services as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018.

28/2018-Integrated Tax (Rate), dt. 31-12-2018

9577

Seeks to amend notification No. 9/2017- Integrated Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018.

29/2018-Integrated Tax (Rate), dt. 31-12-2018

9578

Seeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018.

30/2018-Integrated Tax (Rate), dt. 31-12-2018

9579

Seeks to insert explanation in an item in notification No. 8/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017.

31/2018-Integrated Tax (Rate), dt. 31-12-2018

9580

Seeks to amend the IGST Rules, 2017 so as to notify the rules for determination of place of supply in case of inter-State supply under sections 10(2), 12(3), 12(7), 12(11) and 13(7) of the IGST Act, 2017.

04/2018-Integrated Tax, dt. 31-12-2018

9581

GST Clarifications on

·     Govt Departments too must Pay GST and Register on Sale of used Goods to Unregistered Buyers

·     Penalty is only after SCN, No Penalty on Late Filing if SCN Not Issued

·     Debit Note Credit Note after Notification – GST to be Paid at Notification Rate

·     Sec 51 to CGST to Apply only on 51% Govt Undertaking

·     TCS to be Collected on Full Value including Income Tax

·     No Invoice with Supply leaves field Open for GST Officer to Decide who the Owner is

Circular No. 76/50/2018-GST dated 31-12-2018

9582

Denial of Composition Option by Tax Authorities and Effective Date

·     Where the taxpayer has sought withdrawal from the composition scheme, the effective date shall be the date indicated by him in his intimation/application filed in FORM GST CMP-04

·     In case of denial of option by the tax authorities, the effective date of such denial shall be from a date, including any retrospective date as may be determined by tax authorities

Circular No. 77/51/2018-GST dated 31-12-2018

9583

Full GST under Reverse Charge for Import of Services to Applicable on Reverse Charge Basis even when only Part Payment is Received in India and Balance Received Outside India

Circular No. 78/52/2018-GST dated 31-12-2018

9584

CBIC Clarification on GST Refund thru RFD-01A Route

·     In GSTR 2A cases, clarified that the said statement and these invoices, instead of being submitted physically, shall be electronically uploaded on the common portal at the time of filing the claim of refund in FORM GST RFD-01A. Neither the application in FORM GST RFD-01A, nor any of the supporting documents, shall be required to be submitted physically in the office of the jurisdictional proper officer.

·     the taxpayer will still have the option to physically submit the refund application to the jurisdictional proper officer in FORM GST RFD-01A, along with supporting documents, if he so chooses.

·     The acknowledgement for the complete application or deficiency memo, as the case may be, would be issued by the jurisdictional tax officer based on the documents so received electronically from the common portal. However, the said acknowledgement or deficiency memo shall continue to be issued manually for the time being.

·     A refund application is electronically transferred to the wrong jurisdictional officer, he/she shall reassign it to the correct jurisdictional officer electronically within a period of three days.

·     After the issuance of a deficiency memo, taxpayers would be required to submit the rectified refund application under the earlier Application Reference Number (ARN) only.

·     The documents/statements/undertakings/invoices to be submitted along with the refund application in FORM GST RFD-01A are the same as have been prescribed under the CGST Rules and various Circulars issued on the subject from time to time. Only the method of submission of these documents/statements/undertakings/invoices is being changed from the physical mode to the electronic mode.

·     Where there are multiple inputs attracting different rates of tax, in the formula provided in rule 89(5) of the CGST Rules, the term ‘Net ITC’ covers the ITC availed on all inputs in the relevant period, irrespective of their rate of tax.

Circular No. 79/53/2018-GST dated 31-12-2018

9585

Clarification regarding GST rates & classification (goods)

Circular No. 80/54/2018-GST dated 31-12-2018

9586

Seeks to clarify GST rate for Sprinkler and Drip irrigation System including laterals.

Circular No. 81/55/2018-GST dated 31-12-2018

9587

Seeks to extend the time period specified in notification No. 31/2018-CT dated 06.08.2018 for availing the special procedure for completing migration of taxpayers who received provisional IDs but could not complete the migration process.

67/2018-Central Tax, dt. 31-12-2018

9588

Seeks to extend the time limit for furnishing the return in FORM GSTR-3B for the newly migrated taxpayers.

68/2018-Central Tax, dt. 31-12-2018

9589

Seeks to extend the time limit for furnishing the return in FORM GSTR-3B for the newly migrated taxpayers.

69/2018-Central Tax, dt. 31-12-2018

9590

Seeks to extend the time limit for furnishing the return in FORM GSTR-3B for the newly migrated taxpayers.

70/2018-Central Tax, dt. 31-12-2018

9591

Seeks to extend the time limit for furnishing the details of outward supplies in FORM GSTR-1 for the newly migrated taxpayers.

71/2018-Central Tax, dt. 31-12-2018

9592

Seeks to extend the time limit for furnishing the details of outward supplies in FORM GSTR-1 for the newly migrated taxpayers.

72/2018-Central Tax, dt. 31-12-2018

9593

Seeks to exempt supplies made by Government Departments and PSUs to other Government Departments and vice-versa from TDS.

73/2018-Central Tax, dt. 31-12-2018

9594

Fourteenth amendment to the CGST Rules, 2017.

74/2018-Central Tax, dt. 31-12-2018

9595

Seeks to fully waive the amount of late fees leviable on account of delayed furnishing of FORM GSTR-1 for the period July, 2017 to September, 2018 in specified cases.

75/2018-Central Tax, dt. 31-12-2018

9596

Seeks to specify the late fee payable for delayed filing of FORM GSTR-3B and fully waive the amount of late fees leviable on account of delayed furnishing of FORM GSTR-3B for the period July, 2017 to September, 2018 in specified cases.

76/2018-Central Tax, dt. 31-12-2018

9597

Seeks to fully waive the amount of late fees leviable on account of delayed furnishing of FORM GSTR-4 for the period July, 2017 to September, 2018.

77/2018-Central Tax, dt. 31-12-2018

9598

Seeks to extend the due date for furnishing FORM ITC-04 for the period from July, 2017 to December, 2018 till 31.03.2019.

78/2018-Central Tax ,dt. 31-12-2018

9599

Seeks to amend notification No. 2/2017 - Central Taxes dated 19.06.2017.

79/2018-Central Tax, dt. 31-12-2018

9600

Seeks to further amend notification No. 1/2017-Central Tax (Rate) dated 28.06.2017 to change GST rates on goods as per recommendations of the GST Council in its 31st meeting.

24/2018-Central Tax (Rate), dt. 31-12-2018

9601

Seeks to further amend notification No. 2/2017-Central Tax (Rate) dated 28.06.2017 to exempt GST on goods as per recommendations of the GST Council in its 31st meeting.

25/2018-Central Tax (Rate), dt. 31-12-2018

9602

Seeks to exempt central tax on supply of gold by nominated agencies to registered persons.

26/2018-Central Tax (Rate), dt. 31-12-2018

9603

Seeks to amend notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018.

27/2018-Central Tax (Rate), dt. 31-12-2018

9604

Seeks to amend notification No. 12/2017- Central Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018.

28/2018-Central Tax (Rate), dt. 31-12-2018

9605

Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018.

29/2018-Central Tax (Rate), dt. 31-12-2018

9606

Seeks to insert explanation in an item in notification No. 11/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017.

30/2018-Central Tax (Rate), dt. 31-12-2018

9607

Peas (Mattar Daal) Import Restriction Extended by Three Months, 1 Jan to 31 Mar 2019

DGFT Trade Notice No. 40 dated 31st December 2018

9608

One to Six Percent Duty Cut w.e.f. 1 Jan 2019 in Indo-ASEAN FTA Duty

Customs Notification No. 82 dated 31st December 2018

9609

Indo-Korea CEPA General Duty on 966 Items Cut by Quarter to Three Percent w.e.f. 1 Jan 2019

Customs Notification No. 83 dated 31st December 2018

9610

Indo-Malaysia PTA Concessional Duty Revised

Customs Notification No. 84 dated 31st December 2018

9611

INDO-JAPAN CEPA

Engine of 250cc Plus and Gear Boxes and Parts Duty Slashed to 6.25% from 6.88% w.e.f. 1 Jan 2019

Customs Notification No. 85 dated 31st December 2018

9612

Motor GST Exempted on Vehicles and Parts Imports by Tourist (Carnet System)

Customs Notification No. 86 dated 31st December 2018

9613

RFID Seals for Exports Deferred further without Time Limit – Electronic Sealing for Deposit and Removal of Goods from Customs Bonded Warehouses

CBIC Circular No. 54 dated 31st December 2018

9614

Krishnapatnam Port Notified for Export of Sawn Timber made Exclusively Out of Imported Wood Logs

DGFT Notification No. 47 dated 31st December 2018

9615

Nine More Foreign Post Offices in State Capitals Notified for Customs Clearances for both Imports and Exports

Customs Notification No. 103 (Non Tariff) dated 31st December 2018

9616

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

Customs Notification No. 102 (Non Tariff) dated 31st December 2018

9617

Export Promotion Council for MSME Sector

·     Integration of MSME in Global Value Chain with $100bn Exports Proposed

PIB Press Release dated 31st December 2018

9618

WTO Sets up Panel on India Complaint against US Duties on Indian Exports of Steel and Aluminium

PIB Press Release dated 31st December 2018

9619

Sprayers are the same as Sprinklers for Irrigation

·     Clarification Leads to Withdrawal of SCN on Sprinkler Importers by Customs

GST Circular No. 81/55/2018-GST dated 31st December 2018

9625

Clarification on GST Rates and Classification (Goods)

·   Sattu unbranded, it attracts Nil GST (S. No. 78 of notification No. 2/2017-Central Tax (Rate) dated 28.06.2017) and if branded and packed it attracts 5% GST (S. No. 59 of schedule I of notification No. 1/2017-Central Taxes (Rate) dated 28.06.2017).

·   Fish meals, meat cum bone meal (MBM) etc., attract 5% GST under S. No. 103 in notification No. 1/2017- Central Tax (Rate) dated 28.6.2017. (Prepared feed to attract Nil GST under SNo. 102)

·   Vitamins, provitamins are supplied in a form in which they are capable of general use, i.e. in the form in which it could be used as inputs or raw materials for further processing, instead of being ready to use, then these would be classifiable under heading 2936. For specific use, the code is HS 2309 which is the ready to use preparation.

·   LPG supplied in bulk, whether by a refiner/fractionator to an OMC or by one OMC to another for bottling and further supply for domestic use will fall under the S. No. 165A of the notification No. 1/2017- Central Tax (Rate) dated 28.06.2017 and shall, accordingly, attract a GST rate of 5%, with effect from 25.1.2018. (Actual supply to domestic consumers not important. The form and packing for domestic supply in the key).

·   Polypropylene Woven and Non-Woven Bags and PP Woven and Non-Woven Bags laminated with BOPP would be classified as plastic bags under HS code 3923 and would attract 18% GST. (BOPP Lamination determines classification under Ch 39 non laminated bags of jute will go under Ch 53).

·   Wood logs or any kind of wood in the rough/timber, including the wood in rough/log/timber used for pulping falls under heading 4403 and attract GST at the rate of 18%.

·   Bagasse board [whether plain or laminated] falling under chapter 44 will attract concessional GST rate of 12%.

·   Fabrics sold in a pack as ladies salwar suit. Any embroidery on a fabric piece or certain embellishment thereon does not change the basic nature of their being a fabric.

·   Heading 6307 would not cover a fabric pieces or a set of pre-packed fabric pieces, even if embroidered or embellished. Such set of fabric pieces would attract GST at the rate of 5%.

·   In SNo. 234 of 1/2017 for 5% GST notification specifically applies only the goods falling under chapters 84, 85 and 94 of the Tariff. Therefore, this concession would be available only to such machinery, equipment etc., which fall under Chapter 84, 85 and 94 and used in the initial setting up of renewable energy plants and devices including WTEP. This entry does not cover goods falling under other chapters, say a transport vehicle falling under Chapter 87 that may be used for movement of waste to WTEP.

·   Turbo charger for Railway is specifically classified under chapter HS code 8414 80 30. It continues to remain classified under this code irrespective of its use by Railways. Therefore, it is clarified that the turbo charger is classified under heading 8414 and attracts 18% GST.

·   Inter-state movement of goods for provision of service on own account is not supply and not liable to GST. No transfer of title in such goods or transfer of goods to the distinct person by way of stock transfer is involved, it does not constitute a supply of such goods. Hence, it is clarified that any such movement on own account (not involving distinct person in terms of section 25), where such movement is not intended for further supply of such goods does not constitute a supply and would not be liable to GST.

GST Circular No. 80/54/2018-GST dated 31st December 2018

9627

New FEMA Regulation on Borrowing and Lending Supersedes 3 May 2000 Notification

Notification No. FEMA.3(R)/2018-RB dated 17th December 2018

9629

Daewoo International Substituted with POSCO Daewoo in Anti-dumping Notification on Daewoo Request in Steel Case dtd 12.10.2015

Anti-dumping Amendment Notification No. 15/04/2014-DGAD dated 31st December 2018

9630

Daewoo International Substituted with POSCO Daewoo in Anti-dumping Notification on Daewoo Request in Steel Case dtd 18.08.2017

Anti-dumping Amendment Notification No. 14/1/2014-DGAD dated 31st December 2018

9638

Unloading of Imported Coal by Adani Electricity Mumbai Allowed at Dahanu Port

Notification No.101/2018- Customs (N.T.) dated 28 December 2018