Daily Index of Changes
Year 2019
|
DINDEX Code
|
Topics
|
Notification No./Date/Source
|
9620
|
GST on IIMs
only below 1 Year Courses, Past Cases from 1 Jan 2018 Covered
·
Short Term Courses without Official Recognition
to Pay 18% GST
|
GST
Circular No. 82/01/2019-GST dated 1st January 2019
|
9621
|
No GST on ADB
and IFC
|
GST
Circular No. 83/02/2019-GST dated 1st January 2019
|
9622
|
Printing of
Pictures is under 998386 Liable to 18% GST
|
GST
Circular No. 84/03/2019-GST dated 1st January 2019
|
9623
|
Clarification
on GST Rate Applicable on Supply of Food and Beverage Services by Educational
Institution
·
Food and beverages by an educational
institution to its students, faculty and staff, where such supply is made by
the educational institution itself, is exempt under Notification No.
12/2017-Central Tax (Rate) dated 28.06.2017, vide Sl. No. 66 w.e.f.
01-07-2017 itself. However, such supply of food and beverages by any person
other than the educational institutions based on a contractual arrangement
with such institution is leviable to GST@ 5%.
|
GST
Circular No. 85/04/2019-GST dated 1st January 2019
|
9624
|
GST on
Services of Business Facilitator (BF) or a Business Correspondent (BC) to Banking
Company
· Classification
of branch of a bank as located in rural area and the services which can be
provided by BF/BC, is governed by the RBI guidelines. Therefore,
classification adopted by the bank in terms of RBI guidelines in this regard
should be accepted.
· The
exemption from tax on services provided by BF/BC is dependent on the meaning
of the expression “accounts in its rural area branch”.
· The
scope of exemption to services provided in relation to “accounts in its rural
area branch” vide Sl. No. 39 of Notification No. 12/2017- Central Tax (Rate)
dated 28.06.2017.
·
Banking company is liable to pay GST on the
entire value of service charge or fee charged to customers whether or not
received via business facilitator or the business correspondent.
|
GST
Circular No. 86/05/2019-GST dated 1st January 2019
|
9626
|
GST
Revenue Collection Falls in December 2018
·
Rs. 94,726 crore of total gross GST revenue
collected in the month of December
|
PIB Press Release dated 1 Jan 2019
|
9628
|
Merchant Exporters to get Interest
Equalisation of Three Percent for Pre and Post Shipment Rupee Export Credit
|
PIB
Press Release dated 2nd January 2019
|
9631
|
IGST
Export Refunds – EGM Errors Hampering IGST Refund Processing – Mismatch in
Local Gateway EGMs Result in Error SB006
|
CBIC Circular No. 01/2019-Customs dated 2 January
2019
|
9632
|
Red Sanders Wood Export Quota – Karnataka
Govt to Finalise Modalities and Allocation of Balance Quantity by 30 April
2019
|
DGFT Notification No. 48 /2015-2020 dated 3
January 2019
|
9633
|
Number of Bills in Form ANF-4F and ANF-5B
included in Declaration for Advance and APCG Authorisation Redemption
|
Public Notice No.
66/2015-20 dated 3 January 2019
|
9634
|
Service Tax as Transition Credit Allowed Upfront in GST Law under Sec.
140(1) CGST Act, 2017
|
Circular No. 87/06/2019-GST dated 2 January
2019
|
9635
|
RBI Allows One-Time Restructuring of
Existing Loans to MSMEs to Avoid NPA Labelling
|
RBI/2018-19/100 -
DBR.No.BP.BC.18/21.04.048/2018-19 dated January 1, 2019
|
9637
|
Rupee Gains by 20 paise against Dollar to Rs.
71.25 w.e.f. 4 Jan 2019
|
Notification No. 02/2019-Customs (N.T.) dated 3 January 2019
|
9639
|
Capital Goods Import Power
Transmission and Distribution Disallowed under EPCG
· “Supply”
Word in Appendix 5F at Sl No. 12 Clarified
·
Generation of Power Word Creeps into
Clarification, Capital Goods for Generation of Power also Banned under EPCG
now!
|
15-Pol.Cir./04.01.2019
|
9640
|
Export Obligation Discharge under ANF 5B
to Declare No of Non EDI Shipping Bills, Regional Authority to Audit 5% of
EDI Shipping Bills, Full Audit only of Non EDI Shipping Bills if Present in
Shipment
|
41-TN/04.01.2019
|
9641
|
Methylene Chloride from EU and US
to Continue under ADD for Next Five Years in Review – No Changes in Duty
·
Korea Out of the Net, EU and US are on the
Hook
|
01-ADD/04.01.2019
|
9642
|
CRO must be satisfied for IT Goods like
Mobiles
·
No CRO to Result in Destruction of Goods at
Import Point
|
50-Ntfn/08.01.2019
|
9643
|
Aviation
Gasoline under 27101219 on Free with AU Import through IOC (Policy Condition
5) – Flying Clubs Exempted
|
51-Ntfn/08.01.2019
|
9644
|
All Restricted Fertilisers Freed Subject to
Universal Condition of NoC from Dept of Fert must for Export of Fertilisers
|
49-Ntfn/07.01.2019
|
9645
|
Procedure to Obtain NoC from Dept of
Fertilizers for Fertilizers Export
|
67-PN/07.01.2019
|
9646
|
Revised List of 64 Entries for MEIS Listed in
Public Notice 61/2017 for Manual Mode Processing
|
68-PN/09.01.2019
|
9647
|
Guidelines for Standard Operating Procedure (SOP)
for EODC (Export Obligation Discharge Certificate) Monitoring Advance and
EPCG Authorisations
|
16-Pol.Cir/09.01.2019
|
9648
|
Chief Commissioners to Audit 5% of Audit Reports
|
02-CBIC/08.01.2019
|
9649
|
Trade Exhorts Minister for AA
Reform with Retrospective Effect
·
Minister Notes Steep Fall in Export Credit
Utilisation
|
ABS News Service/10.01.2019
|
9650
|
Patent Law to Cover Monsanto
Patent on Cotton Seeds
·
Nariman Sinha Overturn HC Verdict on No Patent
to GM Seed
|
ABS News Service/10.01.2019
|
9651
|
New
Agri Export Policy Aims Doubling of Shipment in 4 Years to $60bn
|
ABS News Service/10.01.2019
|
9652
|
Revenue Claims 3626 GST Evasion
Cases Detected in 9 Months till Dec 2018, Recovery Rate of 66.4% in Evasion
of 15278 crs
·
Analytics Directorate in CBIC Detects Cases
through Data Mining
|
ABS News Service/10.01.2019
|
9653
|
Four
Fold Increase in Cotton Production in Last 15 Years Claimed using GM Cotton
|
ABS News Service/10.01.2019
|
9654
|
Minister
Claim Compulsory Neem Coating of Urea Kills Urea Diversion
|
ABS News Service/10.01.2019
|
9655
|
Transfer
of MEIS Allowed only through DGFT Computer, Manual Transfer not Allowed
· Scrips
issued from 14 Jan 2019 Covered
·
Physical Issue of Scrips too will Go in Future
|
DGFT Trade Notice No.
42/2015-2020 dated 11 January 2019
|
9656
|
IGST and Compensation Cess
Exemption Allowed in DFIA Cases under AA – DGFT Notification
· AAL
and Deemed Exports Covered
· Alternatively
Utilization in Factory with CA Certificate Must
· IGST
and CC to be Paid if Goods Sold in Market
·
Facility Expires on 31 March 2019
|
DGFT Notification No.
53/2015-20 dated 10 January 2019
|
9657
|
IGST and Compensation Cess
Exemption Allowed in DFIA Cases under AA – Customs Notification
· AAL
and Deemed Exports Covered
· Alternatively
Utilization in Factory with CA Certificate Must
· IGST
and CC to be Paid if Goods Sold in Market
·
Facility Expires on 31 March 2019
|
Customs Notification No. 01/2019 dated 10
January 2019
|
9658
|
GST Act 2018 Amendments to be Notified
w.e.f. 1 February 2019
·
Last date for passing the examination for GST
Practitioners to be extended till 31.12.2019
|
Press
Release dated 10 January 2019
|
9659
|
Electrical Insulators from China
Sunset Review Initiated on Complaint of Aditya Birla Insulators, Insulators
and Electricals and Modern Insulators
·
Ntfn 11/2015 Expire on 15 Sept 2019
|
Initiation Notification - Case No. (Sunset
Review)- 21/2018 dated 10 January 2019
|
9660
|
South African Rand Exchange Rate Revised
|
Notification No. 03/2019
- Customs (N.T.) Dated 11th January, 2019
|
9661
|
Import Quantity in SION Rationalised for Builder
Bag
|
DGFT Public Notice No.
69/2015-2020 dated 10 January 2019
|
9662
|
Cashew Industry Gets Six Months Additional Extension in EO for Advance
Authorisation Issued upto 30 June 2016
|
DGFT Policy Circular No. 17 dated 14th
January 2019
|
9663
|
NoC from
Narcotics Commissioner not Required before Import of Nicotinic Acid &
Nocitinamide
|
DGFT Notification No. 55 dated 15th January 2019
|
9664
|
207 Technical Textiles Items Notified
|
DGFT Notification No. 54 dated 15th
January 2019
|
9665
|
$125.21/MT of Anti-dumping Duty Imposed on
Sacking Bags from Janta Jute Mills, Bangladesh
|
Customs Notification No.
02 and 03 (ADD) dated 15th January 2019
|
9666
|
Export Growth Slows to 0.34% in Dec 2018
|
MoC&I Press Release
dated 15th January 2019
|
9667
|
New ECB Norms Lift Sector-wise
Limits
· $750mn
per year under Auto Route
· New
Window for Oil Companies of $10bn under Auto Route
·
Micro Finance, Ports, SIDBI/Exim Bank Allow
ECB
|
17-RBI/16.01.2019
|
9668
|
Courier Imports under Attack from
Swadeshi Jagran Manch
·
Delhi Customs Standing Order for
Mis-declaration and Smuggling of Goods Imported through Courier
|
Delhi Air Cargo Export
Commissioner Standing Order No. 01/2019 dated 10 January 2019
|
9669
|
IGST and Compensation Cess
Exemption Allowed in DFIA Cases under AA – Central Tax Notification
· AAL
and Deemed Exports Covered
· Alternatively
Utilization in Factory with CA Certificate Must
· IGST
and CC to be Paid if Goods Sold in Market
·
Facility Expires on 31 March 2019
|
Central Tax Notification
No. 01 dated 15th January 2019
|
9670
|
Tariff Value of Palm Oil, Palmolein, Gold and
Silver, Brass Scrap, Areca Nuts and Poppy Seeds Notified
|
Notification
No. 04/2019-CUSTOMS (N.T.) dated 15 January 2019
|
9671
|
Cabinet
Approves Recapitalisation of Export-Import Bank of India
|
ABS News
Service/17.01.2019
|
9672
|
Relief for Start-Ups; New Procedure Put in
Place for ‘Angel Tax’ Exemption
|
ABS News
Service/17.01.2019
|
9673
|
Anti-dumping Investigation Terminated on Epoxy
Resins from China, EU, Korea, Taiwan and Thailand
|
Termination Order Case No. OI- 7/2018 dated
15 January 2019
|
9674
|
New Shipper Review Initiated on Saturated
Fatty Alcohols from Indonesia, Malaysia,
Thailand and Saudi Arabia on Complaint of PT. Energi Sejahtera Mas,
Indonesia and Sinarmas Cepsa, Singapore
|
DGTR Initiation
Notification Case No. NSR-07/2018 (New Shipper Review) dated 15 January 2019
|
9675
|
Rupee Falls by 85 paise against Dollar to Rs.
72.10 w.e.f. 18 Jan 2019
|
05-Cus(NT)/17.01.2019
|
9676
|
India among World’s
Leading Exporters of Creative Goods
|
ABS News
Service/18.01.2019
|
9677
|
Vegetable oil imports up 11% in December
|
ABS News
Service/18.01.2019
|
9678
|
Seven Member
Group of Ministers (GoM) Constituted for Boosting the Real Estate Sector
under the GST Regime by Providing a Composition Scheme for Residential
Construction Units among others
|
PIB Press
Release/15.01.2019
|
9679
|
Metaphenylene
Diamine (MPDA) from China –
Anti-dumping Duty Raised in Review
|
Customs Notification No.
05(ADD) dated 24 January 2019
|
9680
|
Metaphenylene
Diamine (MPDA) from China –
Previous Ntfn 11/2014-Customs (ADD) dated 11 Mar 2014 Rescinded
|
Customs Notification No.
04(ADD) dated 24 January 2019
|
9681
|
InterGlobe Aviation Gets Permission to Tranship
Imported Cargo from New Delhi Air Cargo Complex to other 10 Major Ports
|
Delhi Customs House Public
Notice No. 01 dated 17 January 2019
|
9682
|
Delhi Customs Issues AEO Clients Registration Procedures
|
Delhi Customs House Public Notice No. 01
dated 17th January 2019
|
9683
|
JNCH Commissionerates Observes Special
Drive for Pending SAD Refund Claims from 16 Jan to 31 Jan 2019
|
Jawaharlal Nehru Customs
House Public Notice 06 dated 15th January 2019
|
9684
|
GST Appellate Tribunal (GSTAT) Approved by Cabinet
|
PIB Press Release dated 23 January
2019
|
9685
|
Standby
Swap $400mn in Overall USD2bn Facility Approved between SAARC Member
|
PIB Press Release dated 23rd January 2018
|
9686
|
Commerce
Ministry Invites Suggestions on Baba Kalyani Group Report on SEZ Policy
|
PIB Press Release dated 22nd January 2019
|
9687
|
JNPT
Emerges as Top 30 Container Port
|
PIB Press Release dated 22nd January 2018
|
9688
|
Phased Manufacturing Plan for
Mobile Batteries, Battery Parts @5%
·
Lithium Ion Cell, PCBA and Inputs for Cell and
PCBA @0%
|
Ntfn 02/29.01.2019
|
9689
|
Batteries for Electrical Vehicles
under PMP with Duty @5%
· Parts
(Lithium-ion Cell and PCBA) @5%
· Input
for Parts at above @0%
·
Retaliatory Tariff Postponed on US Imports at
Fifth Time to 2 March 2019
|
Ntfn 03/29.01.2019
|
9690
|
Anti-dumping Duty on Fluoroelastomers (FKM) from China Notified
|
06-ADD/28.01.2019
|
9691
|
Seeks to rescind notification No.
8/2017-Central Tax (Rate) dated 28.06.2017 in view of bringing into effect
the amendments (regarding RCM on supplies by unregistered persons) in the GST
Acts
|
01/2019-Central Tax (Rate), dated 29-01-2019
|
9692
|
Seeks to bring into force the CGST
(Amendment) Act, 2018
|
02/2019-Central Tax, dated 29-01-2019
|
9693
|
Seeks to amend the CGST Rules, 2017
|
03/2019-Central Tax, dated 29-01-2019
|
9694
|
Seeks to amend notification No.
2/2017-Central Tax dated 19.06.2017 so as to define jurisdiction of Joint
Commissioner (Appeals)
|
04/2019-Central Tax, dated 29-01-2019
|
9695
|
Seeks to amend notification No.
8/2017-Central Tax dated 27.06.2017 so as to align the rates for Composition
Scheme with CGST Rules, 2017
|
05/2019-Central Tax, dated 29-01-2019
|
9696
|
Seeks to amend notification No.
65/2017-Central Tax dated 15.11.2017 in view of bringing into effect the
amendments (to align Special Category States with the explanation in section
22 of CGST Act, 2017) in the GST Acts
|
06/2019-Central Tax, dated 29-01-2019
|
9697
|
Seeks to rescind notification No.
32/2017-Central Tax (Rate) dated 13.10.2017 in view of bringing into effect
the amendments (regarding RCM on supplies by unregistered persons) in the GST
Acts
|
01/2019-Integrated Tax (Rate), dated 29-01-2019
|
9698
|
Seeks to bring into force the IGST
(Amendment) Act, 2018
|
01/2019-Integrated Tax, dated 29-01-2019
|
9699
|
Seeks to amend notification No.
7/2017-Integrated Tax dated 14.09.2017 to align with the amended Annexure to
Rule 138(14) of the CGST Rules, 2017.
|
02/2019-Integrated Tax, dated 29-01-2019
|
9700
|
Seeks to amend notification No.
10/2017-Integrated Tax dated 13.10.2017 in view of bringing into effect the
amendments (to align Special Category States with the explanation in section
22 of CGST Act, 2017) in the GST Acts
|
03/2019-Integrated Tax, dated 29-01-2019
|
9701
|
Seeks to bring into force the GST
(Compensation to States) Amendment Act, 2018
|
01/2018-Compensation Cess, dated 29-01-2019
|
9702
|
Clubbing of Advance Authorisations (AA) upto
18 months Allowed
·
Para (vi), (vii), (viii) and (xiii) Inserted
|
70-PN/30.01.2019
|
9703
|
Applicants Advised to Fill-up Case Summary Column
15 in ANF-2D in Policy Relaxation Committee Cases
|
43-TN/30.01.2019
|
9704
|
Bio-Diesel Exports from Imported
Feedstock Allowed to SEZ and EOU Units
·
Public Notice No.29 dated 28.08.2018
Restriction not Applicable
|
44-TN/31.01.2019
|
9705
|
Labelling or Fixing RSP Allowed in All Customs
Bonded Warehouse without Sec.65 of CA, 1962 Permission
|
CBIC Circular No. 3/ 2019-Customs dated 31 January 2019
|
9706
|
Interest Equalisation Scheme
· Merchant
Exporters to Get Interest Equalisation of Three Percent
· MSMEs
Continue to Get 5% Subvention
·
Manufacturing Exporters Get 3% Subvention
|
Trade Notice No.45/2018-19 dated 1 February 2019
|
9707
|
PUF Panels Import for Cold Storages for Fresh
Fruits and Vegetables under EPCG Allowed
|
Public Notice No.
71/2015-20 dated 31 January 2019
|
9708
|
Export Decline and Refixation of EO
|
18-Policy
Circular/31.01.2019
|
9709
|
GST Changes Clarifications
· LUT
in Export Allowed for Rupee Payment Cases under RBI Guidelines
· Job
Work Movement Clarified
· Role
and Liability of Principal
· Job
Worker Registration Criteria on All India Basis Now
· Moulds
and dies, jigs and fixtures or tools may not be included in the value of job
work services provided its value has been factored in the price for the
supply of such services by the job worker
· Moulds
return not required. They are treated as supply after expiry of free period
· Allowing
14 days for owner/transporter to pay tax/penalty for seized goods
· Form
GST MOV-08 (para 4) Reverses
· Mistakes
in Payment be paid Voluntarily or through GST DRC-03
· No
Returns during Cancellation of Registration Proceedings
·
Taxpayer is freed from the routine
compliances, including filing returns, under GST Act during the pendency of
the proceedings related to cancellation
|
Circular No.
88/07/2019-GST dated 1 February 2019
|
9710
|
GST Circular 46/2017 dated 24.11.2017 on
Warehoused Goods Rescinded along with 03/01/2018/IGST dated 25.05.2018
|
Circular No.
04/2019-Customs dated 1 February 2019
|
9711
|
Supply in Warehoused not under GST – Levy
Applicable only after Customs Clearance into DTA
|
Circular No.
04/01/2019-GST dated 01.02.2019
|
9712
|
Time Limit for FORM GST TRAN-1 Submission of
Declaration Extended till 31 March 2019
|
Order No. 01/2019-GST
dated 31 January 2019
|
9713
|
Last Date for Filing FORM GSTR-7 for the
month Oct-Dec 2018 Extended till 28 Feb 2019
|
Notification No. 07/2019 – Central Tax dated 31 January 2019
|
9714
|
Tariff Value of Palm Oil, Palmolein, Gold and
Silver, Brass Scrap, Areca Nuts and Poppy Seeds Notified
|
Notification
No. 07/2019-Customs (N.T.) dated 31 January 2019
|
9715
|
Furnishing Bank Guarantee or Cash Deposit
not required for Temporary Import of Aircrafts for Aero Show Participation
|
Notification No. 4 /2019-
Customs dated 7 February 2019
|
9716
|
IGST Exemption on Supply of Services in
Nepal or Bhutan against Rupee Payment Withdrawn
|
Notification No. 2/2019- Integrated Tax (Rate) dated 4 February 2019
|
9717
|
E-com Module for
Applying for MEIS for Courier or Postal Shipments
ANF 3D Application
Format Revised
|
DGFT Trade Notice No. 46/2018-19
dated 6 February 2019
|
9718
|
Amendments in ANF 3D Format for E Commerce
Exports
|
DGFT Public Notice No.
72/2015-2020 dated 5 February 2019
|
9719
|
Rupee Falls by 55 paise against Dollar to Rs.
72.65 w.e.f. 8 Feb 2019
|
Notification No. 09/2019 - Customs
(N.T.) dated 8 February 2019
|
9720
|
Anti-dumping Duty on Nitrocellulose from Brazil
($0.646/kg), Indonesia ($0.475/kg) and Thailand ($0.906/kg) Notified
|
Notification No.
7/2019-Customs (ADD) dated 7 February 2019
|
9721
|
DGTR Terminates Anti-subsidy Investigation
on Fluoroelastomers
(FKM) from China
|
Termination
Order Case No. (CVD)
7/2018 dated 5 February 2019
|
9722
|
Procedure for New Shipper Review ('NSR') Investigations Streamlined
|
DGTR Trade Notice: 01/2019 dated 29 January
2019
|
9723
|
Amendments in Customs Brokers
Licensing Regulations 2018
·
NACIN to Conduct Customs Brokers Exams Online
from Year 2019
|
Notification No. 08/2019 -
Customs (N.T.) dated 6 February 2019
|
9724
|
ECB Facility for Resolution Applicants under Corporate Insolvency
Resolution Process
|
RBI Circular No. 18 dated 7th
February 2019
|
9725
|
Clusters
Identified for Promotion of Agri Exports
|
ABS News Service/08.02.2019
|
9726
|
Commerce
Ministry Invites Comments from Stakeholders on Draft National Logistics
Policy
|
ABS News Service/08.02.2019
|
9727
|
Commerce
Secy Meets Export Promotion Councils to Boost Exports
|
ABS News Service/08.02.2019
|
9728
|
Calamity Cess Put on Hold Indefinitely
|
ABS News Service/08.02.2019
|
9729
|
Rate Cut will Help Exports but Declining Trend in
Exports Credit to be Arrested Immediately, FIEO President
|
ABS News Service/08.02.2019
|
9730
|
Trade Disputes Complaints to be Filed
Online from 11 Feb 2019
|
47-TN/11.02.2019
|
9731
|
Appellate Powers of DGFT Regional
Authorities and SEZs Must be Uploaded on DGFT website Immediately
|
DGFT ECA Circular No. 01 Dated 08.02.2019
|
9732
|
Last Date for Filing GSTR-7 Extended to 28
Feb 2019 for of Jan 2019
|
Notification
No. 8/2019 – Central Tax dated 8 February 2019
|
9733
|
Procedure
for Clearance of Export LCL Cargo Categorized as “Hazardous Goods”
|
Public Notice No.10/2019 dated 01 February 2019
|
9734
|
Revised
Procedure for Scanning of DPD-DPD Mode Containers
|
Public Notice No. 12/2019 dated 6 February
2019
|
9735
|
Containers
Leave ICD without Due Process of Registration and Issue of LEO of the
Shipping Bills
|
Public Notice No. 13/2019 dated 06.02.2019
|
9736
|
Customs Broker Exam Goes Online
·
Examination to be Conducted on 15th
March, 2019 at Designated Examination Centers Across India
|
ABS News Service/11.02.2019
|
9737
|
Plant Quarantine Agencies to Register
under e-SANCHIT
|
Directorate of Plant
Protection, Quarantine & Storage Faridabad Office Memorandum dated
11.02.2019
|
9738
|
Anti-dumping Duty on Peroxosulphates from
China and Japan Withdrawn –Ntfn 11/2013-ADD Rescinded
|
11-ADD/12.02.2019
|
9739
|
Anti-dumping Duty on High Tenacity
Polyester Yarn from China – Changes in Exporter Name
· “Hyosung
Corporation, Korea” to “Hyosung Advance Materials Corporation (HAMC)”
·
“Zhejiang Guxiandao Industrial Fibre Co.,
Ltd.” to “Zhejiang Guxiandao Polyester Dope Dyed Yarn Co., Ltd”
|
10-ADD/12.02.2019
|
9740
|
Daewoo International Corporation Name
Changed to POSCO Daewoo Corporation in Stainless Steel Flats Anti-dumping
Case
|
09-ADD/12.02.2019
|
9741
|
Daewoo International Corporation Name
Changed to POSCO Daewoo Corporation in Stainless Steel Flats Anti-dumping
Case
|
08-ADD/12.02.2019
|
9742
|
DGFT Discontinues Issue of Physical Copy of
Advance and EPCG Authorisation from 1 Mar 2019 Onwards
|
Policy Circular No. 19/2015-2020
dated 14 February 2019
|
9743
|
Groundnut Shell and Kernels Import Allowed
under HPS Groundnut Kernels SION
|
DGFT Public Notice No. 73/2015-2020
dated 14 February 2019
|
9744
|
Tariff Value of Palm Oil, Palmolein, Gold and
Silver, Brass Scrap, Areca Nuts and Poppy Seeds Notified
|
Notification
No. 10/2019-CUSTOMS (N.T.) dated 15 February 2019
|
9745
|
South African Rand Exchange Rate Revised
|
Notification No.11/2019 -
Customs (N.T.) Dated 15 February, 2019
|
9746
|
Guidelines for the Customs Brokers’ Examination
Candidates
|
ABS News
Service/16.02.2019
|
9747
|
Exports
Grow Marginally by 3.74% in Jan, Imports too Slow Down
|
ABS News
Service/16.02.2019
|
9748
|
TRIPS Council Launches New Notification System,
Discusses Incentives for Technology Transfer
|
ABS News
Service/16.02.2019
|
9749
|
Prabhu
Lauds Export Initiatives
|
ABS News
Service/16.02.2019
|
9750
|
Indo - U.S. CEO Forum Meets in
Delhi
·
US Commerce Secretary Fails to Turn Up
|
ABS News
Service/16.02.2019
|
9751
|
India Denies MFN to Pakistan
· Duty
Hiked to 200 percent
· All
Goods Imported from Pakistan under Emergency Powers to Amend Customs Tariff
Act, 1975
· New
Tariff Line 9806 00 00 Introduced
· Existing
Tariff Rates and Notification are inoperative since all goods will be
classified in specific heading 9806 and not in Chapter heading
· No
amendment in notifications for Preferential Duties on Pak create confusion
· Goods
in transit and Passengers Baggage specially hit as all must pay 200% duty plus 10% surcharge plus
18% IGST big total to astounding 275.80%
· Non
Consultation with Pak Violative of GATT Art I
· SAPTA
and DAFTA up in the Air
·
Goods in Transit from Afghanistan, Iran and
Central Asia passing through Pakistan will also face the 200% duty
|
Notification No.05/2019-Customs dated 16 February
2019
|
9752
|
Duty Drawback Rates and Cap Raised
on
· Staple
Fibre Rates Upped
· Specific
rates for Silk, Shoes
· More
DBK for Gold, Silver Articles
· Mobile
Cap raised by Rs. 47 per piece
·
New Rates will come into force from 20th day
of February 2019
|
Notification No. 12/2019 -
Customs (N.T.) dated 16 February 2019
|
9753
|
Inter State Supplies to Unregistered
Persons Must be Reported in FORM GSTR-3B and FORM GSTR-1
|
Circular No. 89/08/2019-GST
dated 18 February 2019
|
9754
|
Intra State Payment of CGST and
SGST Accepted instead of IGST Applicable on Warehoused Supply
·
One Time Exception Allowed
|
Circular No.
91/10/2019-GST dated 18 February 2019
|
9755
|
Place of Supply to be Mentioned Inter
State Supply Invoice
|
Circular No. 90/09/2019-GST dated 18 February 2019
|
9756
|
Red Sanders Wood Obtained from Private Land
Allowed against Licence in Raw Form
·
Value Added Products Export List Expanded to
Allow from Stocks Derived from Private Land
|
Notification No. 56/2015-2020
dated 18 February 2018
|
9757
|
Procedure for Obtaining Export Licence for
Export of Red Sanders Wood Sourced from Private Land
|
Public Notice No. 74
/2015-20 dated 18 February 2019
|
9758
|
Limit of 20% for Single Corporate in FPI
Debt Portfolio Withdrawn
|
A.P. (DIR Series) Circular No. 19 dated February 15, 2019
|
9759
|
Cabinet Approves National Policy
on Electronics (NPE) 2019
· Full
Detail only after 5 days as Finance Ministry stamp required
· Emphasis
on chipsets
· Manufacture
thru ESDM, exports
· Interest
subsidy and loan guarantee to push Indian companies
· Sovereign
Patent Fund for Chips
· Targets
$400bn by 2025
· Mobile
Phones account 47.5% of product with 100 cr phones New year
· Export
Orientation
· New
Cluster Scheme
·
Common low cost components to be sold by Govt
|
ABS News
Service/20.02.2019
|
9760
|
Asean
Expo under FICCI from 21 Feb at JLN Stadium in Delhi
|
ABS News
Service/20.02.2019
|
9761
|
CP Rao and Ranjan Routray Join Settlement
Commission Bench
|
ABS News Service/20.02.2019
|
9762
|
New
Oil and Gas Policy Approved by Cabinet
|
ABS News
Service/20.02.2019
|
9763
|
News Bytes
|
ABS News
Service/20.02.2019
|
9764
|
Plumbing
Exhibition in Goregaon 28 Feb- 2 Mar
|
ABS News
Service/20.02.2019
|
9765
|
Third Party Exports from SEZ Units
thru DTA Allowed in MEIS!
· Documents
to give Both Party
· BRC
in DTA Party Name
·
Factory Seal on SEZ/EOU Unit in Shipping Bill
|
20-Pol.Cir/22.02.2019
|
9766
|
No Physical Copy of Advance/EPCG
Authorisation on Security Paper Now
· MEIS
No is enough for Regn at Port, Customs to Get Detail thru EDI
· Non
EDI Ports will Issue Physical Copy
· Customs
to Debit Duty Electronically
·
Export Obligation Monitoring by Customs Now,
Excise Jurisdiction Removed
|
07-CBEC/21.02.2019
|
9767
|
Draft “Manifest and Transhipment
Regulations (Aircraft) 2019” Released
·
Dept of Revenue Invites Suggestions
|
ABS News
Service/22.02.2019
|
9768
|
CBIC Clarifications on Duty Drawback Rates
Changes Effective from 20 Feb 2019
|
05-CBIC/20.02.2019
|
9769
|
In-Bond Manufacture under Sec.65 now
Restricted only Approved EOU EHTP under Cir.35/2016 dtd 29 July 2016
·
In-bound Manufacture Circular 132/95 dtd 22
Dec 1995 for All Entities Rescinded
|
06-CBIC/20.02.2019
|
9770
|
Online Filing of FORM GSTR-3B thru Common
Portal for the Month of Jan 2019 Extended to 28 Feb 2019 for J&K
Taxpayers
|
Notification No. 09/2019 –
Central Tax dated 20 February 2019
|
9771
|
Rupee Gains by 65 paise against Dollar to Rs.
72.00 w.e.f. 22 Feb 2019
|
|