Friday, 5 August 2022

Recent Notifications

 

·         Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude and exempt export of Aviation Turbine Fuel

·         Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022, to reduce the Special Additional Excise Duty on Diesel

·         Master Circular on Credit Facilities to Minority Communities

·         Income-tax (Twenty Third Amendment) Rules, 2022

·         External Commercial Borrowings (ECB) Policy – Liberalisation Measures

·         Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)

·         Reduction of time limit for verification of Income Tax Return (ITR) from within 120 days to 30 days of transmitting the data of ITR electronically

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

·         United Nations Security Council Resolutions (UNSCR) 1718 Sanctions Committee on Democratic People’s Republic of Korea (DPRK) amends 44 existing entries on its Sanctions List

·         Restriction on Storage of Actual Card Data [i.e. Card-on-File (CoF)]

·         Regulation of Payment Aggregators – Timeline for submission of applications for authorisation – Review

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