Legal Updates - Corporate Law Reporter

DGFT issues notice for submitting application fee for grant of import authorization

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade 11 December, 2017 Trade Notice No. 22 To 1. RAs of DGFT 2. Members of Trade It has come to the notice of this Directorate that importers who apply for authorization for import of restricted items are submitting their… Read More

MCA notifies Companies (cost records and audit) Amendment Rules, 2017

[To be published in the Gazette of India, Extraordinary, part II, Section 3, Sub_ section (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, The 7th December, 2017 G.S.R........(E)- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 and section 148 of the Companies Act, 2013 (18 of… Read More

Govt. notifies exchange rate of foreign currency relating to Import and Export effective from 8.12.2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 113 /2017 - Customs (N.T.) New Delhi, dated the 7th December, 2017 16 Agrahayana 1939 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the… Read More

One Employee, One EPF account Facility to consolidate multiple PF accounts of an employee

Employees Provident Fund Organisation Ministry of Labour & Employment, govt. of India Head Office Bhavishya Nidhi Bhawan, 14-Bhikhaji Cama Palace, New Delhi-110066 Website: www.epfindia.gov.in No. R-I/OEOA/2016/385 Dated:01.12.2017 To, All Additional Cnetral P.F. Commissioners (Zone) All Regional Provident Fund Commissioners (OIC) Sub: One Employee, One EPF account Facility to consolidate multiple PF accounts of an… Read More

DGFT notifes new appendices 5E and 5F of FTP 2015-20

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY (part-I, section-1) Government of India Ministry of Commerce and industry Department of Commerce Directorate General of Foreign Trade Public notice No. 47/2015-2020 New Delhi 6th December, 2017 In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy, 2015-2020, the director General of… Read More

Drawing of samples for the purpose of grant of drawback (Circular 47/2017- Customs dated 27.11.2017

OFFICE OF COMMISSIONER OF CUSTOMS NS-II & IV JAWAHAR LAL NEHRU CUSTOM HOUSE, NHAVA SHEVA TAL: URAN, DIST. RAIGAD, MAHARASHTRA-400707 F.No.S/12-Gen-82/2015-16 AM(X) Date: 04.12.2017 PUBLIC NOTICE NO.153 /2017 SUB : Drawing of samples for the purpose of grant of drawback (Circular 47/2017- Customs dated 27.11.2017 –reg. Attention of the Exporters, Custom Brokers and all concerned… Read More

Export Policy of Onions- Imposition of Minimum Export Price (MEP)

OFFICE OF COMMISSIONER OF CUSTOMS NS- IV JAWAHAR LAL NEHRU CUSTOM HOUSE, NHAVA SHEVA TAL: URAN, DIST. RAIGAD, MAHARASHTRA-400707 F.No.S/12-Gen-82/2015-16 AM(X)(Part File) Date: 04.12.2017 PUBLIC NOTICE NO. 152 /2017 Subject: Export Policy of Onions- Imposition of Minimum Export Price (MEP). Attention of the Exporters, Custom Brokers, other members from trade & industries and all concerned… Read More

Clarification on payment of SAD refund on imports prior to 1st July and sales of imported goods after1st July

OFFICE OF THE COMMISSIONER OF CUSTOMS (IMPORT) JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SHEVA. F.No. S/12-Misc-35/2017-18 CRC (SAD-I) NS-III Date : 04/12/2017 PUBLIC NOTICE NO. 151/2017 Subject: Clarification regarding payment of SAD refund when the import has taken place prior to 1st July, 2017 (i.e. SAD on import has been paid prior to 1st July) and… Read More

EPFO directs exempted/relaxed Establishments to complete Compliance Audit by 31.12.2017

WEB CIRCULATION ONLY Employees’ Provident Fund Organization (Ministry of Labour, Govt. Of India) Bhavishya Nidhi Bhawan, 14- Bhikaji Cama Place, New Delhi — 110066 www.epfindia.gov.in, www.epfindia.nic.in No-C-Ex/Misc/Comp.Audit/2015/19761 Date: 05 DEC, 2017 To, All Additional CPFCs (Zones), All RPFCs of ROs Subject : Compliance Audit of Exempted/ Relaxed Establishments- Regarding. Reference : i) EPFO, Head Office Circular No. C-Ex/Misc/comp Audit/2015 /9604 Dated:… Read More

RBI releases Statement on Developmental and Regulatory Policies

Rationalisation of Merchant Discount Rate In recent times, debit card transactions at ‘Point of Sales’ have shown significant growth. With a view to giving further fillip to acceptance of debit card payments for purchase of goods and services across a wider network of merchants, it has been decided to rationalise the framework for Merchant Discount… Read More

Services Exports from India Scheme (SEIS) —Amendment to Appendix 3E

To be published in the Gazette of India Extraordinary Part-I, Section (I) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Public Notice No. 46/2015-2020 Dated the 5thDecember, 2017 Subject: Services Exports from India Scheme (SEIS) —Amendment to Appendix 3E. In exercise of powers conferred under Paragraph 1.03 of… Read More

DGFT amends Appendix 3B Foreign Trade Policy 2015-20 for exports made w.e.f 01.11.2017 to 30.06.2018

(To be published in the gazette of India extraordinary part-1 section-1) Government of India Ministry of Commerce &Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 44/2015-2020 New Delhi, dated: 05 December, 2017 Subject: Amendments to Appendix 3B Foreign Trade Policy 2015-20. In exercise of powers conferred under paragraph 1.03 of the… Read More

Govt. notifies revised Foreign Trade Policy, 2015-2020

TO BE PUBLISHEDIN THE GAZETTE OF INDIAEXTRAORDINARYPART-II, SECTION-3, SUB SECTION-3, SUB SECTION (ii) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Notification No. 41/2015-2020 New Delhi, 05th December 2017 In exercise of powers conferred by section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992), as… Read More