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News 29 September 2023

 

What's New...

 

20 Agro Textiles under Compulsory BIS Certification, Exports Exempted

·         Raw Materials Supply Chain Too under BIS

Medical Textiles, Sanitary Napkins, Baby Diaper and Bed Sheets, Pillow Covers under Compulsory BIS Certification from 1 April 2024

Courier Imports and Exports Exempted from Electronic Cash Ledger (ECL) Payment of Duty till 30 Nov 2023

Sec. 51A of CA 1962 on Deposits not to Apply on Non-EDI Ports and Baggage – Implementation date Extended to 1 Dec. 2023

BIS Organizes Two-Day Workshop to Popularise Draft Development and Building Regulations

Meeting of Trade & Economy Ministers of Shanghai Cooperation Organization (SCO) Member States Conducted in Hybrid Mode on 27 September 2023

Net Zero Emissions Target only by 2070, says Minister Jitendra Singh

DG Okonjo-Iweala Calls on WTO Members to Deliver for Development at MC13

Apple, China Meet to Discuss Beijing’s Crackdown on Western Apps

Chicken, Pork Prices Made Higher by Meatpackers’ Data Feed, DOJ Says

SK Hynix in Korea Faces Breakup as Owner Divorces Wife

 

27.09.2023

RoDTEP on Exports Extended till 30th June 2024 – Ceilings to be Reviewed

·     RoDTEP Ceiling Rates to be Re-examined

·     A support of Rs. 27,018 crores has been extended for the 27 month period till 31.03.2023

·     For FY 23-24, a budget of Rs 15,070 crores is available to support 10610 HS lines at the 8 digit level

Foreign OIDAR Firms like Facebook, Google providing Services to Unregistered Persons Must Register, Pay GST in India from October 1

CBDT Notifies Changes to Rule 11UA in respect of ANGEL TAX

·     Rule 11UA for valuation of methods for calculating the Fair Market price

TRAI Releases Draft Telecommunication Mobile Number Portability (Ninth Amendment) Regulations, 2023 for Stakeholders’ Comments

TRAI Recommendations in Promoting Networking and Telecom Equipment Manufacturing (NATEM) in India

WTO Members Share Views in Informal Talks on Trade and Industrial Policy, WTO Reform

China’s Stranglehold on EV Supply Chain including Batteries will be Tough to Break

 

 

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Last Updated on 29-09-2023