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News 01 October 2022

 

What's New...

 

Plan to Impose Excise Duty on Unblended Petrol and Diesel Differed

RBI Decides to Bring Uniformity in Imposition of Late Submission Fee (LSF) for Reporting Delays in Foreign Investment (FI), ECBs and Overseas Investment under FEMA

September GST Collection Cross ₹1.47 lakh crore

GST Revenues Rise 26% Amid Imports Surge

Pound Sterling Exchange Rate Revised Upwards to Rs. 92.20 w.e.f 1 Oct 2022

Tariff Value of Palm Oil, Palmolein, Crude Soyabean Oil, Brass Scrap; Gold and Silver; Areca nuts Released

India-based Firm Sanctioned by US for Dealing in Iranian Petroleum Products

Sunil Barthwal Assumes Charge as Secretary, Department of Commerce

·      B. V. R. Subrahmanyam, the Retired Secretary has moved to Chairman ITPO which Position is MoS Rank

·      Barthwal is relatively young. Will enjoy a tenure of three years before his due date of retirement at end Aug 2025

MoS Rajeev Chandrasekhar Opens Pegatron Mobile Manufacturing Facility in Chengalpattu (Chennai)

Holistic Decriminalisation Law at Winter Session of Parliament to End Harassment and Reduce Compliance Burden on Businesses

Mansukh Mandaviya Launches Website and Flyer of India MedTech Expo 2022

 

30.09.2022

EPCG Export Obligation Annual Return Filing Date Extended by Three Month to 31 Dec. 2022

India-Mauritius CECPA – TRQ Quantity of Speciality Sugar Raised to30,000 tonnes from 15,000 tonnes

GST Provisions of Sections 100 to 114 of Finance Act, 2022 come into effect from 1 Oct. 2022

CGST Rules 2017 Amendments

Filing Application for Refund under Sec 55 by Specialised Agencies – Notification 20/2018-Central Tax Rescinded

DC in SEZ will Allow Import of Sand and Soil from DTA after Checking for Compliance with Environment Regulations

FIEO Chief requests RBI to Extend "Export Refinance Facility" to Banks

India Proposes 15 pc Retaliatory Duties on 22 Items Imported from UK

India Climbs to the 40th Rank in the Global Innovation Index of WIPO; A Huge Leap of 41 places in 7 years

Britain’s Gamble on Tax Cuts has Economists Warning of Past Mistakes

Constructive Co-operation Coupled with Trust and Transparency is Key to Tap the Trade Potential of SCO Member States, says Smt. Anupriya Patel

·      SCO Members Must Prepare and Pursue an Agenda that is Equitable, inclusive and Development Oriented

RBI Governor’s Statement on Monetary Policy

 

 

 

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Last Updated on 01-10-2022