The Bombay High Court Judges' Library Blog
Friday 1 June 2018
Recent Notifications
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Withdrawal of Exemptions Granted to Government Owned NBFCs
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Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg
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Notification No. 23/2018 [F.No.370142/5/2018-TPL] / SO 2087(E) : Income-tax (6th Amendment), Rules, 2018
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Regarding amendment in notification No. 89/2017-Cus (N.T.) dated 21.09.2017 relating to AIRs of Duty Drawback on Silver Jewellery and Silver Articles
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Customs Audit Regulations, 2018
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Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) – Final Guidelines
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Setting up of IFSC Banking Units (IBUs) – Permissible activities
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Seeks to further amend notification No. 50/2017- Customs dated 30.06.2017 so as to:
i. increase basic customs duty (BCD) on shelled Almonds [0802 12 00] from Rs.65/Kg to Rs.100/Kg
ii. increase basic customs duty (BCD)on wheat [1001 19 00, 1001 99 10] from present 20% to 30%.
iii increase basic customs duty (BCD) on Protein concentrates [2106 10 00] from 10% to 40%
·
Seeks to increase tariff rate of basic customs duty (BCD) on Walnuts in shell [0802 31 00 ] from 30% to 100% and increase tariff rate of basic customs duty (BCD) on Protein concentrates and textured protein substances [2106 10 00] from 30% to 40% by invoking section 8A (1) of the Customs Tariff Act, 1975
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