Tuesday 12 January 2021

Recent Notification

 

·        Risk Based Internal Audit (RBIA) Framework – Strengthening Governance arrangements

·        Exchange rate Notification No.03/2021-Cus (NT) dated 7.1.2021

·        Introduction of Legal Entity Identifier for Large Value Transactions in Centralised Payment Systems

·        Operationalisation of Payments Infrastructure Development Fund (PIDF) Scheme

·        To rescind the Customs (Advance Rulings) Rules 2002

·        To notify Customs Authority for Advance Rulings Regulations, 2021

·        Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Areca nut, Gold & Silver - reg.

·        Notifying the date of implementation of Notification No. 102/2020-Customs (NT) dated 23.10.2020.

·        Seeks to give effect to the 12th tranche of Tariff Concessions under the trade in Goods Agreement between India and ASEAN

·        Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2020.

·        Exchange rate Notification No.114/2020-Cus (NT) dated 30.12.2020 - Reg.

·        Amendment to Master Direction (MD) on KYC – Centralized KYC Registry – Roll out of Legal Entity Template & other changes

·        Seeks to confirm the provisional Bilateral Safeguard measure on imports of Phthalic Anhydride originating in Korea RP under the India-Korea Comprehensive Economic Partnership Agreement, and to further amend notification no. 152/2009 dated 31.12.2009 to modify the rate of duty of customs on said imports, on recommendation of final findings of Directorate General of Trade Remedies under the India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017.

 

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