Thursday, 9 May 2024

Recent Notifications

 

·         Margin for Derivative Contracts

·         Seeks to further amend List 34A and List 34B in the Appendix to the Table of Notification No. 50/2017-Customs dated 30.06.2017

·         Banks' Exposure to Capital Market - Issue of Irrevocable Payment Commitments (IPCs)

·         Master Direction – Risk Management and Inter-Bank Dealings: Amendments

·         Seeks to amend specified customs tariff notifications to exempt applicable import duty on imports of desi chana (HS 0713 20 20) up to 31.03.2025; to impose export duty of 40% on exports of Onions (HS 0703 10); to extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.10.2024

·         Exchange Rate Notification No. 34/2024-Cus (NT) dated 02.05.2024-reg.

·         Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to reduce the Special Additional Excise Duty on production of Petroleum Crude

·         Regarding amendment in Notification No. 77/2023 -Cus. (N.T.) dated 20.10.2023 relating to AIRs of Duty Drawback

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

·         Guidance Note on Operational Risk Management and Operational Resilience

·         Fair Practices Code for Lenders – Charging of Interest

·         Implementation of Section 51A of UAPA,1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 01 Entry

·         Voluntary transition of Small Finance Banks to Universal Banks

·         Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs)

·         Appointment of Common Adjudicating Authority for the purpose of adjudication of finalization of Provisional Assessment in SVB case w.r.t. M/s Tyco Fire & Security India Pvt. Ltd-reg

 

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