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- CBDT Further Extends Various Time Limits
- CBIC Levy Fee for Handling of Mismatch between Shipping Bill and GST returns in Customs Automated System
- CBIC Issues Circular for Extension of Circular No. 12_2018 Customs dated 29.05.2018
- CBIC Issues SOP on Suspension provision of GST registration
- Post Budget Interactive Session on Union Budget
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Category Archives: Regulatory
testRemission of Duties & Taxes on Export Products Scheme (RoDTEP)
Introduction RoDTEP (Remission of Duties & Taxes on Export Product) Scheme was announced by Government of India in September 2019, this scheme is a combination of two existing schemes of GOI namely, MEIS (Merchandise Export from India Scheme) & RoSCTL … Continue reading
Posted in Regulatory
The RBI aligns the list of offences under FEMA with the new NDI rules.
Background Compounding of an offence refers to the process of admitting the contravention, suo moto and seeking redressal. The Reserve Bank of India is empowered to compound any contraventions as defined under section 13 of Foreign Exchange Management Act, 1999 … Continue reading
Posted in Regulatory
Introduction of the Foreign Contribution (Regulation) Amendment Act, 2020
The Central Government has laid down certain essential amendments in the Foreign Contribution (Regulation) Act, 2010 with the introduction of the Foreign Contribution (Regulation) Amendment Act, 2020, which has come into force with effect from September 28, 2020. Here, Foreign … Continue reading
Posted in Regulatory
Legal Entity Identifier (LEI) – Concept, Introduction, Benefits & Regulations
The Legal Entity Identifier (LEI) is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction. It is a 20-digit unique code to identify parties to transaction worldwide. … Continue reading
Posted in Regulatory
Introduction of the Companies (Amendment) Act, 2020
The Government has promulgated yet another set of amendments in Company law with the introduction of the Companies (Amendment) Act, 2020, which has come into force from September 28, 2020. Introduction of this 4th Amendment in the Companies Act, 2013, … Continue reading
Posted in Regulatory