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News 25 June 2022

 

What's New...

 

Customs Brokers (CHAs) Must be Member of a Recognised Association in each Jurisdiction

Best Mulyankan Consultants Ltd Notified as Pre-shipment Inspection Agency

No More Free Food after Sept?

·         Fertilizer Subsidy to Cross Rs. 2 lakhs crs this year, Food too will Hit 3 lakh crs

BIS Formulates Performance Standards for Electric Vehicle Batteries

·         BIS in the Process of Publishing two more Standard related to Batteries for various Passenger and Goods Carrying Vehicles

PM Participates in the 14th BRICS Summit

 

24.06.2022

TRU Decides not to Implement Anti-dumping Duty on Rubber Chemicals TDQ, PVI and CBS from EU, China and Russia on NOCIL Complaint

Vanijya Bhawan – Both Commerce and DPIT (Industry and International Trade) to Shift here from Udyog Bhawan

Inaugurated by PM Modi and Commerce and Industry Minister Piyush Goyal on 23 June 2022

Parameswaran Iyer, lAS (UP:81), Retd Appointed as Chief Executive Officer, Niti Aayog

National Logistics Excellence Awards Presented to 12 Categories

Piyush Goyal Chairs ONDC (Open Network for Digital Commerce) Advisory Council Meeting

Development Committee Welcomes MC12 Decision on E-commerce Work Programme

WTO Services Trade Barometer Indicates continued Services Trade Recovery despite Ukraine Conflict

WTO Members Laud Ministerial Declaration addressing Food Safety, Animal, Plant Health Challenges

Switzerland Loses Confidence in Franc, on the Sell Path

India Helps Af Earth Quake Victims thru Intl Agencies

·      US not in picture

 

23.06.2022

CBIC Amplifies Rules for Plastic Packaging to Help Importers Hit by New Plastic Recycling Rules

·      Packaging of goods not hit by Rules for Packaging Material

PM Inaugurates 'Vanijya Bhawan' and Launches NIRYAT Portal

·      Commerce Ministry New Building at India Gate Ready

·      Building took 5 years to complete as against one year promised!

·      Underground Tunnel to Link with Pragati Maidan

·      Ease of Access for Government and its Facilities is a Major Priority”

·      Exports Play a Key Role in the Transition of a Country from Developing to Developed Status, says PM

AAR Customs Advance Rulings on Classification

·      The key propositions are: specific heading has been preferred over general heading; functionality / application a critical parameter; where multiple functionalities are available, principal function shall prevail.

Russia Advocates Alternate Payment System in BRICS Meet

China Bans Fish Import from Taiwan, WTO Dispute in the Offing

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46th Budget Edition Feb 2022

Author: Arun Goyal

ISBN: 978-81-86234-77-8

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Feb 2022

Author: Arun Goyal

ISBN: 978-81-86234-78-5

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Last Updated on 25-06-2022