WORLD TRADE SCANNER

India Hosts KPCS (Kimberley Process for Diamond Origin) Plenary 2019 on 18 to 22 Nov’2019

MoC&I Press Release dated 18 November 2019

Oct Exports Fall by 1.11 percent, Imports Decline Showing Slow Down in Economy

·    FIEO Complains of Hold up in MEIS Disbursal Drawback too affected as Liquidity Dries up in Government System

·    FIEO Calls for Action on MEIS and Drawback and GST Refund

ABS News Service/16.11.2019

BRICS Business Council Created A Roadmap to Achieve $ 500 billion Intra-BRICS Trade Target by the next Summit, says PM Modi

·      PM requests BRICS Countries and NDB to Join Coalition for Disaster Resilient Infrastructure Initiative

·     PM Modi Participates in Leaders Dialogue with BRICS Business Council and New Development Bank

ABS News Service/15.11.2019

India to Host the 8th International Conference on Agricultural Statistics in New Delhi from 18 to 21 Nov’2019

·     Union Agriculture Minister Narendra Singh Tomar to inaugurate the event and Bill Gates to be the Chief Guest

ABS News Service/15.11.2019

Norms of Aadhaar KYC are Eased, not of the Change of Address in Aadhaar

Ministry of Finance Press Release dated 14.11.2019

Racket of Issuance of Fake Invoices Involving GST of Rs 22 crores Busted

Min of Finance Press Release dated 15.11.2019

SANITARY AND PHYTOSANITARY MEASURES

SPS Committee Addresses New Trade Concerns, Hears Update on Transparency

ABS News Service/15.11.2019

GSTR-9 and GSTR -9C Annual Return Simplified, Many Fields Declared Optional

·    Tax Payers need not give breakup on ITC

·    HSN Level Information to be provided only from Next Financial Year, 2019-20 Onwards

·    Previous Year HSN for 2017-18 and 2018-19 not Required

Ministry of Finance Press Release dated 14.11.2019

No Refunds if Claim is not Filed in Time in Appeal

·  Note on CVD Refund – Impact Post ITC Judgement of SC(1)

ABS News Service/12.11.2019

Prime Minister to Attend BRICS Summit at Brazil from 13th to 14th November

PMO Press Release dated 11 November 2019

Peter Varghese, Former Foreign Secy of Australia Calls India to RCEP

·    Points to Scope in Services and Minerals in India Aussie Relations

ABS News Service/12.11.2019

Govt Notifies Steel Scrapping Policy, Mandates Discounts on Junking Old Cars

·      OEMs, dealers to aid the collection of old vehicles, recyclable spares through the take-back scheme, or by setting up scrapping centres or through tie-ups with such facilities

ABS News Service/ 09.11.2019

Any ‘Further Decision’ on RCEP can be taken only if other Members Address our Concerns, says MEA

ABS News Service/08.11.2019

RCEP Members will Work with India to Sort Its Sensitivities: New Zealand Trade Minister

ABS News Service/08.11.2019

WTO Members Review Preferences Granted to LDCs’ Service Suppliers

·    Enhancing LDCs' participation in services trade

·    Improving transparency

·    Concerns about cybersecurity measures

·    Access to markets for foreigners

·    Workshop on financial technology

ABS News Service/ 07.11.2019

Azevêdo Urges Ministers to Step Up Work on the Road to MC12

Pleads for Continuous Reform, Specific Reform Program not a Good Idea

ABS News Service/ 07.11.2019

Khadi Gets Separate Unique HS Code, Export to Get a Boost

ABS News Service/ 07.11.2019

Agriculture Ministry Relaxes Fumigation Condition on Imported Onion upto 30 Nov 2019

Min of Agriculture Press Release dated 6 November 2019

Cabinet Approves Protocol Amending Double Taxation Avoidance Convention (DTAC) between India and Brazil