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News 27 September 2021

 

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DGTR Recommends Anti-dumping Duty on Hydrofluorocarbon (HFC) Component R-32 from China from US$1171.78 to 1519.70 per MT on Complaint of SRF in Final Findings

Silicone Sealants excluding Silicon Sealants Used in Manufacturing of Solar Photovoltaic Modules, and Thermal Power Applications from China - DGTR Recommends Anti-dumping Duty of $738.73 per MT on Alstone Industries Complaint

DRI has No Authority to Issue any Show-Cause Notice - Calcutta HC Stays the SCN for Customs Duty Demand

India is the Appropriate Destination to Procure Electrical Equipment, says MoS for Commerce

·    Electrical equipment market production is estimated to touch USD 100 billion by 2022

Joint Statement from Quad Leaders

[Quad Leaders: Australia, India, Japan, and the United States]

U.S.-India Joint Leaders’ Statement- A Partnership for Global Good

Ease of Logistics Portal -A Win-Win Situation for Exporters and the Shipping Lines, says FIEO President

 

25.09.2021

Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry with Budgetary Outlay of Rs. 25,900 crs Released

Guidelines for the Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry

Procedure for Duty Credit for Goods Exported under RoSCTL Notified

De-oiled Soya Bean Import - Two More Ports Ghojadanga LCS and Kolkata Added in the Five Ports through which Imports are Allowed

Container Import on Re-export Basis

·   Re-export in six months condition may relaxed by 3 months , Importer undertakes to Reexport within three months of expiry of six month re-export rule

16.4874% Anti-subsidy Duty Imposed on Aluminium Wire/Wire Rods ranging from 9mm to 13mm from Malaysia

Refund of Tax Paid under Sec. 77(1) of CGST Act, 2017 – Clarification

·      Tax paid in wrong head of IGST/SGST/CGST can refunded after mistake corrected within two years

PAN No Linked with Aadhar in GST

·      Aadhar Authentication must for Refund Cases

GST Registration – Sub-Section 6A Inserts for Sec.25 Not to Apply to Specified Entities

 

 

 

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4th Edition Aug-Sept 2021

Author: Arun Goyal

ISBN: 978-81-86234-74-7

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Customs Manual

Mar 2021

Author: Arun Goyal

ISBN: 978-81-86234-75-4

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Last Updated on 27-09-2021