Recent Notification

 

·        Regarding amendment in notification No. 07/2020-Cus. (N.T.) dated 28.01.2020 relating to AIRs of Duty Drawback.

·        Seeks to further amend notification no. 152/2009 dated 31.12.2009, to increase the rate of duty of customs on imports of "Polybutadiene Rubber" originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017.

·        Exemption from Registration as NBFC – Alternative Investment Fund (AIF)

·        Seeks to amend notification No. 09/2012-Customs dated 09.03.2012, providing for extension of last date of re-import by three months, for those cases where the last date of such re-import falls between 01.2.2020 and 31.7.2020 due to the outbreak of COVID-19 pandemic.

·        Extension of timeline for finalization of audited accounts

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

·        Income Tax (16th Amendment) Rules, 2020

·        Income Tax (15th Amendment) Rules, 2020

·        Income Tax (14th Amendment) Rules, 2020   

·        Income Tax (13th Amendment) Rules, 2020