Wednesday, 17 March 2021

Recent Notifications

·        Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

·        Income-tax (2nd Amendment) Rules, 2021

·        Notification in relation to Land Customs Stations and routes "the river route as per the Protocol on Inland Water Transit and Trade between India and Bangladesh connecting Tribeni (Bandel) in India to Bangladesh" by amendment of Principal Notification No. 63/1994-Customs (N.T.) dated 21st November, 1994.

·        Income-tax (1st Amendment) Rules, 2021

·        Exchange rate Notification No.26/2021-Cus (NT) dated 04.03.2021.

·        Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Gold, Silver and Areca Nut - reg.

·        Investment by Foreign Portfolio Investors (FPI) in Defaulted Bonds - Relaxations

·        Large Exposures Framework – Exemptions

·        Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Amendment of 92 entries

·        Inclusion of “Fino Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

·        Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Deletion of two entries

·        Appointment of CAA in case of M/s Olam Agro India Pvt Ltd.- reg

·        Appointment of CAA in case of M/s Momentive Performance Materials (India) Pvt Ltd. - reg

·        Appointment of CAA in case of Magneti Motherson Auto System Private Limited - reg

·        Appointment of CAA in case of M/s Valeo India Private Limited- reg

·        Appointment of CAA in case of M/s Valeo India Private Limited- reg

·        Exchange rate Notification No.18/2021-Cus (NT) dated 18.2.2021.

·        Capital and provisioning requirements for exposures to entities with Unhedged Foreign Currency Exposure

·        Seeks to amend notification No. 11/2021-Customs dated 01.02.2021 so to exempt Gold & Silver (and their dore) imported under export promotion schemes from Agriculture Infrastructure and Development Cess (AIDC)

·        Seeks to amend notification no 57/2000-Customs dated 08.05.2000 so as to align it with notification No. 50/2017-Custom dated 30.06.2017.

·        Notification No. 17/2021, Customs (Non Tariff), Dated: February 17, 2021

·        Faceless Assessment (1st Amendment) Scheme, 2021

·        Remittances to International Financial Services Centres (IFSCs) in India under the Liberalised Remittance Scheme (LRS)

·        Margin for Derivative Contracts

·        Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver - Reg.

·        Investment in NBFCs from FATF non-compliant jurisdictions

·        Exim Bank's Government of India supported Line of Credit (LoC) of USD 400 million to the Government of the Republic of Maldives

 

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