Daily Index of Changes

DINDEX Code

Topics

Notification No./Date/Source

155

Anti-dumping Duty on Viscose Rayon Filament Yarn Extended upto 24 Feb 2012 Pending Review

Customs Notification 38 dated 9 May 2011

156

DRI Seizure of Fake Indian Currency of Rs 3 Lakhs at Farakka

DRI Kolkata Zonal Unit Press Release dated 9 May 2011

157

Clarification on Service tax on Short Term Accommodation and Restaurant Services

Service Tax Circular No. 139/8/2011-TRU dated 10 May 2011

158

RBI Allows Custodian Banks to Issue Irrevocable Payment Commitments in favour of Stock Exchange on behalf of their FII Clients

A.P. (DIR Series) Circular No.54 dated April 29, 2011

159

FII Investment Limit in Infrastructure Raised

A.P. (DIR Series) Circular No. 55 dated April 29, 2011

160

Advance Remittance for Import of Goods Doubled against Guarantee

A.P. (DIR Series) Circular No. 56 dated April 29, 2011

161

RBI Liberalises NRI FDI to Allow Leveraging

A. P. (DIR Series) Circular No. 57 dated May 2, 2011

162

RBI Permission not Required for Opening Non Interest Bearing Escrow Accounts in INR in India

A. P. (DIR Series) Circular No. 58 dated 2 May 2011

163

Trade Credit of Diamond LCs Revised to Maximum 90 days

A.P. (DIR Series) Circular No.59 dated May 06, 2011

164

India - New Zealand FTA to be Concluded in Next Ten Month: Anand Sharma

PIB Press Release dated 10 May 2011

165

Anti-dumping Investigation Initiated on Phthalic Anhydride from Korea, Taiwan and Israel

Initiation Notification No. 14/1/2011-DGAD dated 29th April 2011

166

Manual Filing only when EDI Filing not Possible – Permission Authority Pushed up to Commissioner Level

CBEC Instruction No. 401/81/2011-Cus.III dated 12th May 2011

167

Guidelines for Prosecution under Service Tax

140-ST/12.05.2011

168

Tariff Value on Brass Scrap Up by US$136/MT

Poppy Seeds Tariff Value Cut by US$112/MT

34-Cus(NT)/13.05.2011

169

Only One Monthly Technical Report from Chief Commissioner to Director of Legal Affairs Required

944-CBEC/10.05.2011

170

CBEC Clarification on Forklifts in Ch. 84 not Subject to Homologation and other Restrictions on Motor Vehicles in Ch. 87

F.No. 524/8/2011-STO (TU) dated 11th May 2011

171

Common Bond for Availing Duty Exemption under Export Promotion Schemes

71-PN/05.05.2011

172

Monitoring of Food Import from Japan for Radioactive Contamination

72-PN/05.05.2011

173

Please give Specific Description in Export Shipping Bill, Generic Description not Acceptable, Says JNPT Customs

75-PN/05.05.2011

174

Labelling in Bonded Warehouses Allowed

76-PN/03.05.2011

175

Instructions on Disposal of Packing Materials from CFSs

78-PN/11.05.2011

176

MEP on Bangalore Rose and Krishnapuram Onions Reduced to US$350/MT FOB from US$600/MT FOB

46-Ntfn(RE)/16.05.2011

177

DGFT Reviews Deemed Export Policy, Invites Suggestions from Trade

09-TN/13.05.2011

178

Services must be used Outside India to Qualify for Export

141-CBEC/13.05.2011

179

Guidelines for OTC Trading in Forex Derivatives

60-RBI/16.05.2011

189

Gaur Gum Containing Penta Chlorophenol not Allowed for Export to EU

47-Ntfn(RE)/18.05.2011

190

Municipal Corporation of Delhi Notified as Pre-shipment Inspection Agency of Canned Meat Products Exports

48-Ntfn(RE)/18.05.2011

191

TRQ on Maize Allowed Duty Free

47-PN(RE)/18.05.2011

192

ASMECHEM Name Changed – No Change in Contact Address

46-PN(RE)/16.05.2011

193

Excise Duty Exemption not Applicable on Pipes used at the Last Mile to Provide Consumer Connection

945-ST/16.05.2011

194

TRU Clarifications on Service Tax Refund to SEZ Units

142-ST/18.05.2011

195

SEZ Exports in 2010-11 Registers Growth of 43%

PIB Press Release/18.05.2011

196

Marripalem in Guntur District ICD Port Included in Port of Registration List for Export Promotion Scrips

Ntfn 40/19.05.2011

197

Verification of Manufacturer Exporter Status under EPCG Scheme

81-PN/16.05.2011

198

Verification of DFIA by Customs

41-SO/13.05.2011

199

Air Cargo Customs at Sahar Mumbai Cash Counter Open till 4.30 pm Daily

09-FN/19.05.2011

200

Suspected Misdeclared Export Goods to be Released after Surety for Possible Fine and Penalty

80-PN/13.05.2011

201

Anti-dumping Review on Foshan Z&D Ceramics in Vitrified Porcelain Tiles

Ntfn 41/23.05.2011

202

Anti-dumping Investigation Initiated on Casting Balls from Thailand and China

Initiation Notification No. 14/34/2010-DGAD/23.05.2011

203

SEZ Port Codes Notified for 24 SEZ Ports

31-Pol.Cir/25.05.2011

204

DRI, Kolkata Seizes Rs. 12.90 Lakhs Fake Currency Notes from Bangladesh Passenger

DRI, Kolkata Press Release/25.05.2011

205

Silk Carpets under FPS – Drawback Code also Eligible to Benefit

50-PN(RE)/27.05.2011

206

Bangladesh Apparel TRQ raised to 10 mn Pieces

Ntfn 42/25.05.2011

207

10,000 MT Quota Sugar to EU under CXL Concessions Sugar

49-PN(RE)-25.05.2011

208

JMDC become Regular EPC

48-PN(RE)-25.05.2011

209

Guar Gum Exports to EU – Penta Chlorophenol Content upto 0.01 mg/kg Allowed

49-Ntfn(RE)/26.05.2011

210

Job Work or Commission Agency for Agro Processing like Tobacco, Rice and Cashew not under Service Tax Regime

143-ST/26.05.2011

211

Exchange Rates for Customs Valuation – Imports and Exports w.e.f 1 June 2011

36-Cus(NT)-27.05.2011

223

Chang Chun Plastics Chinese Taipei in Acetone Case

Ntfn 44/27.05.2011

224

Anti-dumping Duty on Silk Fabrics from China – Classification Clarified

Ntfn 43/27.05.2011

225

Regularisation of Customs Duty not Paid on Metallised Plastic Films

35-Cus(NT)/26.05.2011

226

Forex Derivative Contract Limit Raised to 10% from 2%

67-RBI/20.05.2011

227

Foreign Currency-Rupee Swaps for Hedging IPO

68-RBI/20.05.2011

228

India Notified Higher ASEAN Duty for Philippines

Ntfn 46/01.06.2011

229

Afghanistan Included in 40% Off Tariff Scheme for LDCs

Ntfn 45/01.06.2011

230

Revised Powers of Adjudication and Show Cause for Customs Cases

24-CBEC/31.05.2011

231

Tariff Value on Brass Scrap and Poppy Seeds Slashed

37-Cus(NT)/31.05.2011

232

Dollar Exports Up by 34% in April 2011

PIB (MoC&I) Press Release dated 1st June 2011

233

Double Taxation Avoidance Agreement between India and Mozambique Notified

[Source: PIB (MoF) Press Release dated 2nd June 2011]

234

World Trade Up by 22% in the 1st Quarter of this Year

 

235

Declaration of Intent Mandatory on Free Shipping Bills for Claiming Reward Scheme Chapter 3

32-Pol.Cir/03.06.2011

236

Declaration of Intent for DGFT Reward Schemes (Ch 3 of FTP) Required only on Free Shipping Bills

53-PN(RE)/03.06.2011

237

Organic Edible Oils Export Quota of 10,000 MTs Released

50-Ntfn(RE)/03.06.2011

238

Organic Pulses Export Quota of 10,000 MTs Released

51-Ntfn(RE)/03.06.2011

239

Organic Sugar Export of 10,000 MTs Released

52-Ntfn(RE)/03.06.2011

240

New User Friendly Application Form for SFIS Benefits Notified

52-PN(RE)/03.06.2011

241

Alloy Steel HR Coils/Plates SION Modified

51-PN(RE)/02.06.2011

242

Wheat Flour Quota of 35K MT and 38K MT for the Year 2012 and 2013 for Maldives through MMTC

53-Ntfn(RE)/07.06.2011

243

River Sand Exports Quota of 1.18 mn MT to Maldives for the Year 2011-12

55-Ntfn(RE)/07.06.2011

244

Stone Aggregate Exports Quota of 5 Lakh MT to Maldives for Three Years Notified

54-Ntfn(RE)/07.06.2011

245

Centralised Billing for Smart Cards Allowed

14-CE(NT)/03.06.2011

246

No Fruits and Vegetables Import from EU without FSSAI Clearance on E.Colli Infection

CBEC Instruction F.No. 450/60/2011-Cus. IV dated 8th June, 2011

247

Anti-dumping investigation Terminated on Polypropylene from Korea, Taiwan and USA at Domestic Industry Request

DGAD Termination Notification No.14/26/2009-DGAD Dated 25th May 2011

248

MEP on Onions Raised to US$200/MT from US$170/MT

DGFT Notification 56(RE)/08 June 2011

249

Cap on Cotton Exports Raised to 65 Lakh Bales from 55 Lakh Bales for Current Season

DGFT Notification 57(RE)/09 June 2011

250

Special Clearance Drive to Correct EGM Errors from EDI 1.0 to EDI 1.5 ver at JNCH

JNCH Standing Order No. 48 dated 3 June 2011

251

Supdt Excise to Personally Verify EPCG Installation

JNCH Public Notice No. 84 dated 1 June 2011

252

Deemed Export Policy Review Committee Extended Receiving g Comments from Trade for 15 Days

10-TN-13.06.2011

253

Opening NRO Accounts by Foreign Nationals

70-RBI-Cir-09.06.2011

254

Anand Sharma Pushes for Lowering Tariff of Sensitive items in SAFTA

PIB Press Release/13.06.2011

255

Air Intelligence Unit Seizes 06.050 kgs of Ketamine Hydrochloride at Cochin Airport

Press Release/09.06.2011

256

Implementation of ‘Self Assessment’ in Customs

15-PN-21.05.2011

257

Another Five Years of Anti-dumping Duty on Pentaerythritol from China

Ntfn-47-14.06.2011

258

Anti-dumping Duty on Metronidazole from China Extended upto 14 June 2012 Pending Review

Ntfn-48-15.06.2011

259

Dumping Investigation Initiated on Digital Offset Printing Plates from China and Japan

DGAD Initiation Notification 14/7/2011-DGAD dated 13th June 2011

260

DFIA Verification by Customs only on DGFT Request

86-PN-10.06.2011

261

Board Constitutes Chief Commissioners to Write Off Irrevocable Arrears of Revenue, Fine and Penalty

946-CBEC-01.06.2011

262

Tariff Value on Brass Scrap Down by US$ 23/MT

38-Cus(NT)-15.06.2011

263

Service Tax Exemption on Rail Containers for Export Goods Extended to January 2012

38-ST-14.06.2011

264

Service Tax Exemption on Transport of Goods in Containers by Rail Extended to January 2012

39-ST-14.06.2011

265

Service Tax Exemption on Transport of Goods by Rail Extended to January 2012

40-ST-14.06.2011

266

Export Credit of US$ 36.56 mn to Tanzania

71-RBI-Cir-14.06.2011

267

Export Credit of US$ 91 mn to Ethiopia

72-RBI-Cir-16.06.2011

268

Three Months Extension for DEPB Scheme

54-PN(RE)-17.06.2011

269

Procedure for Registration of Contracts for Fresh 10 Lakh Bales of Cotton Export

55-PN(RE)-17.06.2011

270

GMR Issues Advertisements Charging the News Magazine “India Today” with Criminal Defamation on DIAL Report

India Today Piece dated 3 June 2011

271

Electronic Processing of Courier Documents to Begin in Chennai Airport after Delhi and Mumbai

Commissioner of Customs (Airport & Air Cargo) Chennai Press Note dated 17 June 2011

273

No Basic Duty on Crude, Excise on Diesel Cut – Press Note

Press Note dated 24th June 2011

274

Basic Customs Duty Cut by 5% on Crude Petroleum and Petroleum Products

Ntfn 52/25.06.2011

275

Excise on HSD Cut by Rs. 2.60 per litre, Only Road Development Excise and Education Cess at Rs. 2.60 per litre Remains

33-CE/25.06.2011

276

100% Concession on 70 Tariff Lines to LDCs under SAFTA Agreement

Ntfn 49/21.06.2011

277

Customs will Honour DEPB with LEO till 30.09.11

Ntfn 51/22.06.2011

278

Anti-dumping Duty of Rs. 1.55 per Piece on Sewing Machine Needles from China

Ntfn 50/22.06.2011

279

Industrial Clothing not under Branded Garments

947-CBEC/21.06.2011

280

Ship Building Units to get Easy Extension of Bonding

FNo. 473/02/2011-LC dated 1st June 2011

281

CBEC Asks Field Officers to Approach DGFT through North Block

FNo. 528/54/2011-STO(TU) dated 21st June 2011

282

Insecticides Import Restriction Defined, Boric Acid Expected

FNo. 401/101/2011-Cus.III dated 22nd June 2011

283

Amendments in SION

57-PN(RE)/20.06.2011

284

Lug Cap SION Amended

56-PN(RE)/20.06.2011

285

Leftover Materials in CFSs to be Cleared in DTA only after Permission

89-PN/16.06.2011

286

Re-export of Imported Cargo from CFS Procedure Relaxed

90-PN/16.06.2011

287

Issue CHA Licenses to All who Pass Test – Says CBEC

25-CBEC/22.06.2011

288

Philippines Included in ASEAN FTA Rules of Origin List

40-Cus(NT)/24.06.2011

289

India - Malaysia Implements CECA from 1 July 2011

PIB (MoC&I) Press Release dated 30 June 2011

291

Export Inspection Agency Notified for Certificate of Origin under India-Malaysia CECA from 1 July 2011

58-PN(RE)/30.06.2011

290

Board Asks Airport Customs for Vigilance on Suspicious Passengers and Baggage Valuation

CBEC Instruction/01.07.2011

292

Certificate of Analysis Must be submitted with Export of Drugs and Pharmaceuticals

60-PN(RE)/30.06.2011

293

Implementation of Barcoding of Drugs and Pharmaceuticals Export Consignments

59-PN(RE)/30.06.2011

295

DGFT Issues Defaulters List of Cotton Quota Exporters for Debarment to further Quotas

11-TN/29.06.2011

296

Bank Guarantee must give Detail of Customs Section

92-PN/02.06.2011

294

Tariff Value on Poppy Seeds Down by US $115/MT

42-Cus(NT)/30.06.2011

297

Last Date for IGM Detail for Container Movement Extended to 31 August 2011

93-PN/29.06.2011

298

India-US to Work Together on Finance Reform and Infrastructure

PIB (MoF) Press Release dated 29 June 2011

299

DEPB Exports to get Manual LEOs to Ensure LEO by 30 September 2011

26-CBEC/01.07.2011

300

Haldia Petrochem get Zero Duty for Naphtha to be used in Polymer Manufacture

Ntfn 54/01.07.2011

301

Indo-Malaysia PTA Concessional Duty on 1616 Items Notified

Ntfn 53/01.07.2011

302

Indo-Malaysia PTA Rules of Origin 2011 – Minimum Local Content 35%

43-Cus(NT)/01.07.2011

303

Cotton Waste Contract Registration with DGFT – 45 Days for Shipment Allowed

34-Pol.Cir/01.07.2011

304

Cap of 10 Lakh Bales is not Applicable to Cotton Waste Exports

58-Ntfn(RE)/01.07.2011

305

India-Bangladesh Border Haats at Meghalaya Border Allowed for Local Produce

61-PN(RE)-01.07.2011

306

Form ER8 for Quarterly Return

15-CE(NT)/30.06.2011

307

Amendments in Point of Taxation Rules 2011

41-ST/27.06.2011

308

Dollar Exports Up by 56.93% in May 2011

PIB (MoC&I) Press Release dated 1st July 2011

309

Zero Duty Sugar Import Extended upto 1 September 2011

Ntfn 55/05.07.2011

310

Second Hand Computer Import Requires Permission from MoEF

27-CBEC/04.07.2011

311

Cenvat Credit Applicable on Textile Products

948-CBEC/05.07.2011

312

Anti-dumping Duty to Apply only for Five Years – No Collection even where Notification does not give Expiry Date – Charging Section to Lapse Five Years after Notification Date of Issue

28-CBEC/08.07.2011

313

Sodium Thripoly Phosphate from China – Dumping Duty Slashed on Final Findings

Ntfn 58/08.07.2011

314

Anti-dumping Duty on Hydrofluoric Acid from China Withdrawn

Ntfn 57/07.07.2011

315

Zero Duty on Goods Supplied Free of Cost under Bilateral Agreement between GoI and Foreign Govt.

Ntfn 56/07.07.2011

316

New Cotton Quota Allocation Following High Court Orders

12-TN/06.07.2011

317

Gaunlet Cloth Import Permitted as Input for Lead Acid Storage Batteries

62-PN(RE)/07.07.2011

318

Pesticides Import Allowed as Input for Raw Cotton

63-PN(RE)/07.07.2011

319

Corrigendum dated 29 June to 52/25.06.2011 – SNo. 77C and 596 Inserted in Exception

Corrigendum/29.06.2011

320

Coal and Iron Ore Loading and Unloading at Dhamra Port (Orissa) Notified

45-Cus(NT)/07.07.2011

321

RBI Extends Time Limit for Applications for Buyback of FCCBs by Indian Companies

75-RBI/30.06.2011

322

Redemption of Foreign Currency Convertible Bonds (FCCBs)

01-RBI/04.07.2011

323

RBI Permits Issue of Equity Shares for Capital Goods Imports against FDI in Govt. Route

74-RBI/30.06.2011

324

Officers for Sec 17 and Sec 28 of Customs Act Notified

44-Cus(NT)/06.07.2011

325

Coal Defined as Coking Coal and Thermal Coal

46-Cus(NT)/07.07.2011

326

Zero Duty for Indo-Bangladesh Border Haats at Balat for Local Produce

Ntfn 60/14.07.2011

327

Food Grade STPP Exempted from Anti-dumping Duty in Corrigendum

Corrigendum/14.07.2011

328

Natural Rubber Concessional Duty Quota Extended to 2011-12

Ntfn 59/13.07.2011

329

MEP of Onions Raised to US$ 230/MT from US$ 200/MT

59-Ntfn(RE)/15.07.2011

330

Closing Date for Registration of Contracts for Fresh 10 Lakh Bales of Cotton Export Extended to 22 July 2011

65-PN(RE)/15.07.2011

331

Xylidine and Hyoscinen Butyl Bromide SION Modified

64-PN(RE)/13.07.2011

332

Tariff Value of Brass Scrap and Poppy Seeds Down

47-Cus(NT)/15.07.2011

337

Recredited DEPB can be Used Till 15.09.2011

30-CBEC/19.07.2011

338

Cargo Custodian will not provide Home to Commissioners in City Area

29-CBEC/18.07.2011

339

Another 5 Years of Anti-dumping Duty on Tetrafluoroethane from China and Japan – Final Findings

Ntfn 61/15.07.2011

340

Export Warehousing Facility Extends to Tijara Tehsil of Alwar (Raj)

949-CBEC/19.07.2011

341

Clarification on Date of Completion of Service under Point of Taxation Rules, 2011

144-ST/18.07.2011

342

10 Lakh MT of Non Basmati Rice Exports with $400 MEP Permitted on Private Account Subject to Registration of Contracts with DGFT

60-Ntfn(RE)/19.07.2011

343

New Registration of LTU under CEA, 1944

17-CE(NT)/18.07.2011

344

New ERI Form for Monthly Return for Production and Removal of Goods for Availment of CENVAT Credit

16-CE(NT)/18.07.2011

345

RBI Permission Must for Foreign Entities Branch Offices Established in India in Pre-FEMA Period

02-RBI/15.07.2011

346

$314 billion Loss Every Year on Tax Evasion

 

347

CPO Import Up 15.8% in April-March 2011

PIB (MoC&I) Press Release dated 18th July 2011

348

Export Period for Wheat Flour Quota of 6.50 Lakh MTs – Extended to 31 March 2012

61-Ntfn(RE)/20.07.2011

349

Anti-dumping Duty on Saccharin from China Extended to 5 June 2012 after Review

Ntfn 62/19.07.2011

350

Basic Customs Duty on Bio-diesel Raised to 10% from 2.5%

Ntfn 63/19.07.2011

351

Zero Duty Concession for Goods for Long Range Surface to Air Missile Programme

Ntfn 64/19.07.2011

352

Zero Excise for LR-SAM Programme

34-CE/19.07.2011

353

Exporters Must Submit Letter from Banker Regarding Reasons of Non-acceptance of Drawback Amount into their Account

98-PN/18.07.2011

354

Anti-dumping – Jt. Secy and Above Appointed as Designated Authority

48-Cus(NT)/20.07.2011

355

Anti-Subsidy – Jt. Secy and Above Appointed as Designated Authority

49-Cus(NT)/20.07.2011

356

Rupee Contracts Hedging Allowed to NRIs

03-RBI/21.07.2011

357

Guarantee Must for Customs Exemption on Temporary Mega Power Projects

Ntfn 65/21.07.2011

358

Guarantee Must for Excise Exemption on Temporary Mega Power Projects

35-CE/21.07.2011

359

No Cess on Lac/Shellac

32-CBEC/26.07.2011

360

Anti-dumping Duty on PVC Paste Resin from China, Korea, Russia and Others – Minimum Landed Price

Ntfn 66/26.07.2011

361

Corrigendum to Ntfn 62 dated 19 July 2011

Corrigendum dated 25.07.2011

362

Dumping Investigation Initiated on Plain Gypsum Plaster Boards from China, Indonesia, Thailand and UAE

DGAD Initiation Notification No. 14/45/2010-DGAD dated 21.07.2011

363

Crude Palm Stearin Classified under Tariff Line 3823 11 11

31-CBEC/26.07.2011

364

Non Basmati Rice Quota Allocation

13-TN/27.07.2011

365

IEC Code in Form D not Mandatory for Low Value Dutiable Courier Consignments upto Rs. 1 lakh

104-PN/27.07.2011

366

Zero Excise on Food Prepared or Served by Hotels or Restaurants

36-CE/25.07.2011

367

Excise Exemption on Food Prepared or Served in Restaurants

37-CE/25.07.2011

368

Zero Service Tax on Common Facility Effluent Treatment of Dyeing Units

42-ST/25.07.2011

369

Exchange Rates for Customs Valuation – Exports and Imports w.e.f. 1 August 2011

51-Cus(NT)/27.07.2011

370

Implementation of RMS for Imports under 100% EOU Scheme

100-PN/22.07.2011

371

10% Import Consignments under Sample Check in Nhava Sheva CFSs

58-SO/25.07.2011

372

Export Credit of USD 5 mn to Zambia

06-RBI/26.07.2011

373

Export Credit of US$20mn to Swaziland

05-RBI/26.07.2011

374

Export Credit of US$20mn to Mozambique

04-RBI/25.07.2011

375

High Court Stays Non-Basmati Rice Quota Allocation

14-TN/29.07.2011

376

Rice Quota Allocation Stayed Till 10 Aug by Delhi HC

Editor’s Note

377

Another 5 Years of Anti-dumping Duty on Rubber Chemical PX 13 from EU, USA, China and Taiwan

Ntfn 67/28.07.2011

378

E-Payment of Customs Duty Mandatory for Rs. 1 Lakh and Above Transaction

33-CBEC/29.07.2011

379

Legal Metrology Act, 2009 in Customs Tariff Act will come into Force on 1 August 2011

53-Cus(NT)/28.07.2011

380

Tariff Value of Brass Scrap and Poppy Seeds Down

54-Cus(NT)/29.07.2011

381

Legal Metrology Act 2009 in Medicinal and Toilet Preparations (Excise Duties) Act will Come into Force on 1 August 2011

Notification No. 01/2011–M&TP dated 28 July 2011

382

Legal Metrology Act 2009 in Central Excise Act will Come into Force on 1 August 2011

18-CE(NT)/28.07.2011

383

Excise Duty Payable by Job Worker on Manufactured Goods

19-CE(NT)/28.07.2011

384

Zero Excise on Indian Ships under Licence Granted by DG Shipping

38-CE/29.07.2011

385

Cambodia Included in Indo-ASEAN FTA Rules of Origin List

52-Cus(NT)/28.07.2011

386

Draft Circular on Customs (Provisional Duty Assessment) Amendment Regulations, 2011 – CBEC Invites Comments

F.No.450/5/2011-Dir (Cus) dated 29 July 2011

387

Cambodia Included in Indo-ASEAN FTA

Ntfn 68/29.07.2011

388

Indo-Japan CEPA Concessional Duty of 802 Items Notified

Ntfn 69/29.07.2011

389

Indo-Japan Comprehensive Economic Partnership Agreement (CEPA) – Rules of Origin

55-Cus(NT)/01.08.2011

390

Marble Policy for 2011-12

64-Ntfn(RE)/04.08.2011

391

Polished Marble Import Value Limit Raised to US$60 per sq.mt from US$50 per sq.mt

65-Ntfn(RE)/04.08.2011

392

DEPB on Cotton Exports Restored with Retrospective Effect from 1 October 2010

68-PN(RE)/04.08.2011

393

DEPB on Cotton Yarn Restored with Retrospective Effect from 1 April 2011

67-PN(RE)/04.08.2011

394

Online Transmission of EPCG, DEPB and DES at Air Cargo Complex Cochin from 8 August 2011

36-Pol.Cir/05.08.2011

395

Re-imported Edible/Food Products Requires Phyto Certificate

35-Pol.Cir/04.08.2011

396

Rice in Baggage to USA Prohibited w.e.f. 30 July 2011

34-CBEC/03.08.2011

397

Cap of 65 Lakh Bales of Cotton Exports Removed

62-Ntfn(RE)/02.08.2011

398

Procedure for Registration Certificate for Cotton Exports

63-Ntfn(RE)/04.08.2011

399

Import of Acetate Tow and filter Rod for Pharma Products of Chapter 30 Allowed

56-Cus(NT)/02.08.2011

400

EU Initiates Anti-Dumping on Chinese Tartaric Acid

C 223/16 Official Journal of the European Union dated 29.7.2011 (2011/C 223/09)

401

Merripalem ICD in Guntur (AP) Included in Port of Registration for Export Promotion Scrips

69-PN(RE)/04.08.2011

402

Skimmed Milk Powder TRQ Quantity Raised to 50,000 MTs from 30,000 MTs

66-PN(RE)/04.08.2011

403

Export Credit of US$ 4 mn to Guyana

07-RBI/02.08.2011

404

Food Safety and Standards Act come into force from 5 August

 

405

Five percent Weight Variation in Cotton Yarn Exports Allowed

38-Pol.Cir/10.08.2011

406

Marble Quota on the Basis of Manufacturing Turnover of Rs. 5 Crs only – DGFT Clarification

37-Pol.Cir/08.08.2011

407

Chlorinated Paraffins/ Chloroparaffins Classified in 3824 90 of Central Excise Tariff

950-CBEC/01.08.2011

408

Complete Description of the Chemical Must be Declared in Bill of Entry

35-CBEC/09.08.2011

409

Preliminary Anti-dumping Duty Imposed on Opal Glassware from China and UAE

Ntfn 72/09.08.2011

410

Another Five Years of Anti-dumping Duty on Sodium Formaldehyde Sulphoxylate from China

Ntfn 70/05.08.2011

411

Nylon Filament Yarn Anti-dumping Extended by Three Months after Review

Ntfn 73/09.08.2011

412

POY Anti-dumping Extended Till 10 February 2012 after Review

Ntfn 71/09.08.2011

413

Two Technical Assistants Deputed for Re-print Bills of Entry at Air Cargo Mumbai

17-FN/26.07.2011

414

Special Window of Boric Acid Import, General Pesticide Import Policy not to Apply

106-PN/29.07.2011

415

JNCH Nhava Sheva Work Allocation for SAD Refund

105-PN/27.07.2011

416

No Bank Guarantee for EOUs Subjected to Minor SCN

36-CBEC/12.08.2011

417

MEP of Bangalore Rose Onions and Other Onions Raised by US$50/MT

66-Ntfn(RE)/12.08.2011

418

MEP of Sona Masuri, Ponni Samba and Matta Rice Exports Reduced to US$600/MT

72-PN(RE)/12.08.2011

419

Pentaerythritol from Taiwan – Final Findings

Ntfn 74/12.08.2011

420

Anti-dumping Duty on Pentaerythritol from Taiwan – Duty Raised and Separate Notification Issued

Ntfn 75/12.08.2011

421

Sunset Review Dumping of Tyres and Tubes from China and Thailand

DGAD Initiation Notification F.No.15/35/2010-DGAD dated 3rd August 2011

422

Export Inspection Agency Notified for Certificate of Origin under India-Japan CEPA

70-PN(RE)/12.08.2011

423

CBEC Proposes Service Tax Refund at Point of Export on Drawback Pattern

Draft Circular – F.No. 354/66/2011-TRU dated 12th August 2011

424

Tariff Value of Brass Scrap Up by $138/MT

57-Cus(NT)/12.08.2011

425

Cotton Exporters Can Obtain More than One RC for Export of Cotton upto 30 September 2011

67-Ntfn(RE)/18.08.2011

426

DGFT Issues Cotton Export Defaulter List of 117

15-TN/10.08.2011

427

Rough Marble Blocks Quota Allocation – Late Applications and Deficient Applications Rejected

16-TN/17.08.2011

428

Another Five Years of Anti-dumping Duty on Sodium Nitrite from China

Ntfn 76/17.08.2011

429

High Ash Coking Coal Import at Zero Duty Allowed – AU Condition for Coal for Corex Technology Dropped

Ntfn 77/17.08.2011

430

Amendments in SION

71-PN(RE)/12.08.2011

431

Sri Lanka in Resurgence after FDI and Fiscal Stimulation

 

432

New Requirements for Annual Status Certificate for Precious Metals Importers

39-Pol.Cir/19.08.2011

433

Board Asks Service Providers for Compulsory Weightage of All containers in a Bid to Check Fraud

F.No.450/81/2011-Cus.IV dated 18.08.2011

434

Only Cases above Rs. 5 Lakh for Appeal in Tribunal

CBEC Instruction F.No.390/Misc./163/2010-JC dated 17th August 2011

435

Chandigarh Customs Airport Notifies for Unloading and Loading Baggage and Defence Goods

58-Cus(NT)/19.08.2011

436

Corrigendum dated 18.8.2011 to Ntfn 66/26.07.2011 – Anti-dumping Duty on PVC Paste Resin – Classification Corrected

Corrigendum dated 18.08.2011

437

SMP TRQ at Zero Duty Raised to 50,000 MT from 30,000 MT

Ntfn 78/19.08.2011

438

MEP of Onions Raises to US$300/MT from US$275/MT

68-Ntfn(RE)/24.08.2011

439

Marble Quota will be Scrutinised by DGFT Regional Offices

18-TN/24.08.2011

440

Poly Carbonate Moulding Powder included in Brief Case SION

73-PN(RE)/23.08.2011

441

Online Uploading of RCMC Data on DGFT Server by Export Promotion Councils Mandatory from 1 November 2011

17-TN/23.08.2011

442

Certificate of Origin Fee Attracts Service Tax, says CBEC

145-ST/19.08.2011

443

Another Five Years of Anti-dumping Duty on Caustic Soda from Thailand, Taiwan and Norway

Ntfn 79/23.08.2011

444

Another Five Years of Anti-dumping Duty on 1-Phenyl-3-Methyl-5-Pyrazolone from China – Duty Slashed in Review

Ntfn 80/24.08.2011

445

Polytetrafluoroethylene (PTFE) from China – Anti-dumping Duty Raised after Review

Ntfn 81/24.08.2011

446

More Changes to Clear Additional Subjects by 31 December 2012 for CHA Applicants under 1984 Rules

38-CBEC/24.08.2011

447

Service Tax Leviable on Film Distribution on Revenue Share Basis

CBEC Draft Circular/23.08.2011

448

CBEC Opens Special Window for Seamless Clearance for Goods moved by Authorised Operators – Reliance upon Documents Filed in other Countries

37-CBEC/23.08.2011

449

Mathilakam (Thrissur), Kerala ICD Notified for Unloading and Loading Goods

60-Cus(NT)/24.08.2011

450

Reliance Port and Terminals Adjudication Case

59-Cus(NT)/24.08.2011

451

India Signs DTAA with Georgia

PIB (MoF) Press Release dated 24th August 2011

452

Australia Poised to Ban Tobacco Package Logos

 

453

Nobel Laureate Gives Half Chance to Revival of World Economy

 

454

Provisional Anti-dumping Duty Imposed on PVC Flex Films from China

Ntfn 82/25.08.2011

455

Mandatory e-Filing of ST Returns by All Assesse w.e.f. 1 October 2011

43-ST/25.08.2011

456

Exchange Rates for Customs Valuation Imports and Exports w.e.f. September 1, 2011

62-Cus(NT)/26.08.2011

457

Change of Designation of Officers Representing CBEC in the CESTAT

951-CBEC/26.08.2011

458

Safeguard Duty on 6 PPD Slapped on NOCIL Complaint

Ntfn 83/30.08.2011

458A

Safeguard Investigation concerning imports of N 1,3-dimethyl butyl-N’Phenylenediamine (PX-13 also known as 6PPD, Vulconox4020 etc) into India into India-Final Findings

Final Findings/06.06.2011

459

DG Safeguards Initiates Investigation on Phthalic Anhydride Imports on Thirumalai Complaint

Notice of Initiation of a Safeguard Investigation dated 10th August 2011

460

Sugar Zero Duty Import Extended by Three Months to December 11

Ntfn 84/01.09.2011

461

Marble Quota from Bhutan Raised to 5882 MTs

69-Ntfn(RE)/01.09.2011

462

Cotton Yarn Exporters can Pay Penalty of Rs. 10K + 1% of Shortfall to Regularise Default

19-TN/30.08.2011

463

Tariff Value of Brass Scrap and Poppy Seeds

63-Cus(NT)/30.08.2011

464

Corrigendum Clarifies Coal Specs

Corrigendum/25.08.2011

465

EPCES Shifts to Barakhamba Road from Bhikaji Cama Place

75-PN(RE)/30.08.2011

466

Billets of Iron/Low Carbon Steel Included in Iron-Nickel Alloy Wire SION

74-PN(RE)/30.08.2011

467

Rupee Remittances Allowed from Malaysia

09-RBI/29.08.2011

468

Exports Shoot up by 82% in July with DEPB to Sunset in September 2011

Ministry of Commerce & Industry Press Release dated 01.09.2011

469

India wants Revival of US GSP

Ministry of Commerce & Industry Press Release dated 01.09.2011

470

CBEC Bans Export of Pan Masala in Plastic Sachet

F.No. 528/69/2011-STO (TU) dated 30th August 2011

471

Centralised Payment of Court Fee w.e.f. 1 September 2011

F.No. 275/05/2011-CX.8A dated 25th August 2011

472

Epoxide Resin Norms – Unit of Measurement Corrected

76-PN(RE)/02.09.2011

473

CBEC Issues Draft Shipping Bill (Electronic Declaration) Regulations, 2011 Following Self Assessment

F.No. 450/26/2011-Cus.IV dated 1st September 2011

474

Obama Asks EPA to Withdraw Ozone Rules

 

475

WTO Adopts Report on US Zeroing of Anti-dumping Duty on Viet Shrimps

 

476

EGoM Bans Onion Exports - Free Export Quotas for Rice, Wheat

 

477

DGFT Bans Onion Exports

73-Ntfn(RE)/09.09.2011

478

DGFT Removes Export Ban on Non Basmati Rice – Monitoring through Customs EDI

71-Ntfn(RE)/09.09.2011

479

DGFT Removes Export Ban on Wheat – Exports only through Customs EDI Ports

72-Ntfn(RE)/09.09.2011

480

Board Aims for Facilitation Target 80% for Air Cargo Complexes, 70% for Seaports and 60% for ICDs

39-CBEC/02.09.2011

481

Corrections in CBEC Circular on Export of Pan Masala in Plastic Sachet

Corrigendum/05.09.2011

482

MEP of Bangalore Onions Raised to US$ 475/MT

70-Ntfn(RE)/07.09.2011

483

46 More entries Inserted for Zero Duty Imports from Bangladesh

Ntfn 85/06.09.2011

484

Stainless Steel Flats from EU, USA, China and Others – Width Specification Introduced after Mid Term Review

Ntfn 86/06.09.2011

485

Mid Term Review Investigation Initiated on Carbon Black from China, Australia, Russia and Thai

F.No.15/41/2010-DGAD dated 30th August 2011

486

FPS Benefits on Handmade Carpets Extended to Handloom Carpets

77-PN(RE)/05.09.2011

487

CBEC Announces Uniform Procedure on Factory Stuffing of Export Goods

952-CBEC/08.09.2011

488

Online Transmission of DEPB, EPCG and DES at ICD Karur from 12.09.2011

40-Pol.Cir/09.09.2011

489

RBI Delegates Power of Change in Lender Approval to Dealers

11-RBI/07.09.2011

490

Deferred Payment Protocols between India and Erstwhile USSR

10-RBI/07.09.2011

491

World Bank Pink Sheet – September 2011

 

492

Voluntary Payment of Duty after Provisional Assessment

40-CBEC/09.09.2011

493

Anti-dumping Duty for 5 Years on Para Nitroaniline from China

Ntfn 88/09.09.2011

494

Spl CVD of 4% Exempts on CRGO Sheet for Manufacture of Transformers

Ntfn 87/09.09.2011

495

Service Tax Category on Brokers Enlarged

44-ST/09.09.2011

496

Department of Revenue Shifts 1100 DEPB Items to Drawback Schedule

[Ministry of Finance (MoF), PIB Press Release dated 16th September 2011]

497

Cotton Export Policy Liberalised – No Bank Guarantee Required

74-Ntfn(RE)/12.09.2011

498

CBEC Clarification on Onions, Rice and Wheat Exports

41-CBEC/14.09.2011

499

ERI Form for Monthly Return for Production and Removal of Goods for Availment of CENVAT Credit

20-CE(NT)-13.09.2011

500

No Verification for Harassment of User, says Mumbai DGFT Office

03-ZPRU Cir/09.09.2011

501

Duty Free Import Facility for Defence Extended to Police

Ntfn 89/12.09.2011

502

Shipping Lines asked to Use SEZ Codes instead of “Local” Codes

115-PN/08.09.2011

503

Permission from Assessing Officer must for Labeling of Importer Goods in CFS; AC Docks Permission only for RMS Goods

116-PN/08.09.2011

504

Service Tax Exempted on Indian Company who Engages Foreign Law Firm for Advice or Consultancy

45-ST/12.09.2011

505

MoC Invites Suggestions for SEZs Policy from Trade

 

506

India Committed to Reduce Tariff Lines under Sensitive List by 20% in One Month: Anand Sharma

 

507

No On-site Audit for Exports

[D.O.F.No.131311/2011-Ch (E&C) dated 1st September 2011]

508

Licence Suspension Penalty under Reg 20 (2) for CHA Harsh for Minor Violation – Reform of Law Must – Article by Ravinder Jain

 

509

Majumder Now Permanent Chairman of CBEC, He is no Longer ‘Acting’

F.No. A.12026/11/2010-Ad.I dated 14th September 2011

510

Mandatory E-filing of Central Excise Returns in ACES

955-CBEC/15.09.2011

511

Amendments in Central Excise Rules 2002 – Online Filing of Return

21-CE(NT)/14.09.2011

512

Amendments in Cenvat Credit Rules 2004 – Online Filing of Return

22-CE(NT)/14.09.2011

513

Tariff Value of Brass Scrap Raised by US$37/MT

65-Cus(NT)/15.09.2011

514

Lower Rank Officers Deemed Proper Officers with Retrospective Effect for Revival of Lost Court Cases

Bill No. 44-C of 2011/25.08.2011

515

LDCs Duty Concessions Raised, Only 20% of Normal Rate Applicable (Previous 40%)

Ntfn 90/16.09.2011

516

Government has decided to Lift the Ban on the Export of Onions: Rahul Khullar

Press Release dated 20 September 2011

517

DGFT Removes Export Ban on Onions subject to MEP of US$475/MTs

DGFT Notification 75(RE) dated 20 September 2011

518

DGFT Allows Exporters can File Online Application for DEPB for Cotton and Cotton Yarn Exports made from 4 August 2011

DGFT Trade Notice No. 20 dated 16 September 2011

519

Provisional Antidumping Duty Imposed on Morpholine from China, EU and USA

Customs Notification 91 dated 20 September 2011

520

Anti- dumping Duty on Rubber Chemicals PX-13 (6PPD) from Korea – Duty Hiked in Review

Customs Notification 92 dated 20 September 2011

521

Anti-dumping Duty on Rubber Chemicals – Entries relating to Korea Omitted from Ntfn 133/2008

Customs Notification 93 dated 20 September 2011

522

BSNL Eligible for Service tax Exemption for Local Calls provided through Village Panchayat Telephones

Service Tax Circular 146 dated 20 September 2011

523

R&D Cess on Transfer of Technology

Service Tax Notification 47 dated 19 September 2011

524

R&D Cess on Transfer of Technology

Service Tax Notification 46 dated 19 September 2011

525

Medical Expenses paid to NRI by Resident Individuals will cover under Term ‘Services Related Thereto’

RBI Circular A.P. (DIR Series) Circular No. 20 dated 16 September 2011

526

Repayment of Loans of Nonresident Close Relatives by Residents

RBI Circular A.P. (DIR Series) Circular No. 19 dated 16 September 2011

527

RBI Permits Resident Individuals to Lend a Loan to NRI

RBI Circular A.P. (DIR Series) Circular No. 18 dated 16 September 2011

528

RBI Permits Resident Individuals can Make Rupee Gifts to NRI by way of Cross Cheque or E- Transfer

RBI Circular A.P. (DIR Series) Circular No. 17 dated 16 September 2011

529

FII into NRE/FCNR Accounts Facility Extended to NRIs also

RBI Circular A.P. (DIR Series) Circular No.16 dated 15 September 2011

530

Operating Joint Account in EEFC/RFC Bank Accounts on ‘Former or Survivor’ Basis

RBI Circular A.P. (DIR Series) Circular No. 15 dated 15 September 2011

531

Security Transfer by Way of Gift Enhanced to US$50,000 per Year

RBI Circular A.P. (DIR Series) Circular No. 14 dated 15 September 2011

532

NRIs can Open Joint NRE Account with Close Relative in India

RBI Circular A.P. (DIR Series) Circular No. 13 dated 15 September 2011

533

RBI Permits Resident can include NRI Relative to their Saving Bank Account as Joint Holder

RBI Circular A.P. (DIR Series) Circular No. 12 dated 15 September 2011

534

Money Laundering – Cross Border Inward Remittance under Money Transfer Service Scheme

RBI Circular A.P. (DIR Series) Circular No. 24 dated 19 September 2011

535

Money Laundering – Clients Jurisdiction and Verification Must

RBI Circular A.P. (DIR Series) Circular No.23 dated 19 September 2011

536

Indian Agents under Money Transfer Service Scheme

RBI Circular A.P. (DIR Series) Circular No. 22 dated 19 September 2011

537

Money Laundering Risks with Bolivia, Cuba, Sri Lanka and Others

RBI Circular A.P. (DIR Series) Circular No. 21 dated 19 September 2011

538

Food Security and Stability in South Asia

 

539

IMF Cuts Global Growth Estimate on Europe

 

540

Rice May Slump, Easing Global Food Inflation

 

541

Food Aid Exports of Non Basmati by PSUs Allowed

76-Ntfn(RE)/23.09.2011

542

Show Test Certificate of Waste Paper to Docks Officer for Fast Clearance

67-SO/16.09.2011

543

Customs to Monitor Onion Export

43-CBEC/23.09.2011

544

DRI and DGCEI Officers Not to Adjudicate Show Cause Notices, Power to Issue Notice Allowed

44-CBEC/23.09.2011

545

CBEC Wants Proper Handing Over Charge to New Officer

954-CBEC/15.09.2011

546

Excise RAC Now Only at Zonal Level

953-CBEC/12.09.2011

547

Improving Security Measures in the CFSs Premises

121-PN/16.09.2011

548

DGFT Invites Suggestion for Modification in Appendix 37D (FPS Products) of Handbook Policy

F.No. 01/91s/180/754/AM 12/PC3

549

Anand Sharma Meets Ron Kirk

Ministry of Commerce & Industry Press Release dated 24th September 2011

550

India Asks Canada for More Potash

Ministry of Commerce & Industry Press Release dated 24th September 2011

551

Edible Oils Export Ban Extended for One Year

77-Ntfn(RE)/28.09.2011

552

E-filing of Excise and Service Tax Returns – Instructions from DG (Systems)

956-CBEC/28.09.2011

553

Liberal Business Visas for Pak, India Business from November

[Ministry of Commerce & Industry, PIB Press Release dated 28th September 2011]

554

India Asks for MFN from Pak

[Ministry of Commerce & Industry, PIB Press Release dated 29th September 2011]

555

OECD Asks for Transparency in Public Procurement to Curb Corruption

[Ministry of Personnel, Public Grievances & Pensions, PIB Press Release dated 29th September 2011]

556

Caustic Soda Anti-dumping Duty Slashed in Mid Term Review

Ntfn 95/03.10.2011

557

Anti-dumping Duty on Caustic Soda from China and Korea – Entries Relating to Korea in Notification Omitted

Ntfn 94/03.10.2011

558

Dept. of Revenue Issues On-site Post Clearance Audit Rules at the Premises of Importers and Exporters Regulations, 2011

72-Cus(NT)/04.10.2011

559

Customs Offers Reasons and Solutions for Drawback Delays

25-PN/20.09.2011

560

Registration of Cosmetics for Imports Date Pushed Forward by Six Months to 1 April 2012 from 1 October 2011

Ministry of Health and Family Welfare Corrigendum dated 29th September 2011

561

FIEO Chief Calls for DGFT Reforms

FIEO Press Release dated 3rd October 2011

562

One Quarter of ECB can be Utilized for Repayment of Rupee Loan by Infrastructure Sectors

25-RBI/23.09.2011

563

Enhancement of ECB Limit under Automatic Route

27-RBI/23.09.2011

564

Infrastructure Cos. can Import Capital Goods on ‘Bridge Finance’

26-RBI/23.09.2011

565

Structured Obligations for Infrastructure Sectors under ECB Policy

28-RBI/26.09.2011

566

Guidelines for Foreign Equity Holders under Automatic Route

29-RBI/26.09.2011

567

RBI Permits to Open Nostro Accounts in Renminbi by Authorised Dealer

30-RBI/27.09.2011

568

Rupee Down against Dollar and Euro

70-Cus(NT)/28.09.2011

569

Tariff Value of Brass Scrap and Poppy Seeds

71-Cus(NT)/30.09.2011

570

Rs. 900 Crores Sops to Exports to Arrest Falling Growth – New Foreign Trade Policy Released

Press Note dated 13.10.2011

571

Clubbing of Advance Authorisation Allowed to Regional Authorities

79-PN(RE)/13.10.2011

572

Online DFIA Authorisation Transmission by DGFT to Customs

41-Pol.Cir/13.10.2011

573

Banks to Get 2% Subsidy on Export Credit to SMEs, Handicrafts, Handlooms and Carpets

DBOD.Dir.(Exp).BC.No.38 /04.02.001/2011-12 dated 11 October 2011

574

One Percent Additional Duty Credit Scrip for New Entries in FMS and FPS

79-Ntfn(RE)/13.10.2011

575

New Focus Product List Announced by Commerce Minister on 13 October

80-PN(RE)/13.10.2011

576

Soft and Hard Dates Customs Duty Slashed by 10%

Ntfn 97/13.10.2011

577

DGFT Re-Credit on Reward Schemes not Required in Re-Export Cases, Customs Permission Adequate

45-CBEC/13.10.2011

578

Zero Duty Concessions to Afghanistan under SAFTA

Ntfn 96/12.10.2011

579

Six Months Extension for Implementing the Changes in Packaged Commodity Rules on MRP Labelling

Ministry of Consumer Affairs, Food and Public Distribution Notification dated 30th September 2011

580

Safeguard Review on Aluminium Foil from China Terminated on Request of Applicant

DG Safeguards Notification dated 13.10.2011

581

RBI Increases Transaction Value to USD3000 for Online Payment for Exports

35-RBI/14.10.2011

582

CBEC Invites Suggestions from Trade for Revised Draft of Exchange Control Copy of Shipping Bills

CBEC Draft Circular/10.10.2011

583

RBI Issues Revised Guidelines on Money Changing Activities

31-RBI/03.10.2011

584

Revised Application-cum-Declaration Form for Purchase of Forex under Liberalise Remittance Scheme for Resident Individuals

32-RBI/10.10.2011

585

Urban Co-op Bank can be become Authorised Dealer – Money Changers Allowed to Reconvert Rupees against ATM Withdrawal

33-RBI/12.10.2011

586

Export Credit of US$ 27.50 mn to Senegal

34-RBI/14.10.2011

587

Free Imports of Radioimmunoassay Kits Subject to AERB Permission

80-Ntfn(RE)/17.10.2011

588

Transfer of Imported Firearms without DGFT Approval Allowed

82-PN(RE)/17.10.2011

589

Liquid Paraffin Included in Polystyrene SION

81-PN(RE)/14.10.2011

590

Brass Scrap Tariff Value Down by $413/MT

73-Cus(NT)/14.10.2011

591

Cotton Waste Exports Free – Registration of Contracts not Required

78-Ntfn(RE)/10.10.2011

592

CBEC Submits Action Taken Note on Drawback to C&AG Points

46-CBEC/20.10.2011

593

Another Five Years of Anti-dumping on Rubber Chemicals from China

Ntfn 98/20.10.2011

594

Implementation of ‘On Site Post Clearance Audit’

47-CBEC/21.10.2011

595

Allocation of Balance 5 Lakh MTs Rough Marble Blocks Imports Procedure

81-Ntfn(RE)/21.10.2011

596

Amendments in Service Tax Rules, 1994

48-ST/19.10.2011

597

Submission of Half Yearly Service Tax Return Extended to April – Sep. 2011

01-ST/20.10.2011

598

Service Tax Exemption Allowed to Sub Contractors of Works Contract Service in Infrastructure Projects

147-ST/21.10.2011

599

Verification of Certificate of Origin under FTA

128-FN/13.10.2011

600

RBI Permits FCNR Accounts in any Freely Convertible Currency

36-RBI/19.10.2011

601

Clarification on Repatriation of Assets to India by NRIs

37-RBI/19.10.2011

602

CBDT Publishes Discussion Paper on Tax Accounting Standards

CBDT Press Release dated 20.10.2011

603

Technical Textiles Specified for FPS Benefits

DGFT Policy Circular No. 42 (RE-2010)/2009-14 Dated: 21 October, 2011

604

Compulsory Barcoding Must for Drugs and Pharma Export w.e.f. 1 Oct 2011

DGFT Policy Circular No. 43 (RE-2010)/2009-14 Dated the 25th October, 2011

605

Exchange Rates for Customs Valuation - Rupee Falls against Dollar and Euro in Monthly Customs Valuation Rate

Customs Notification No.74/2011-Customs (N.T.) dated 27 October 2011

606

No Rupees in Customs Area - Forex Counters in International Airports to be Compliant by End of Year

A.P. (DIR Series) Circular No. 38 dated 25 October 2011

607

Procedure for Online Filing of DFIA Exports with Customs and DGFT from 13 Oct 2011

Public Notice No. 130 dated 24 October 2011

608

Meat Export Policy Amended

82-Ntfn(RE)/31.10.2011

609

DGFT Notifies List of FPS Special Bonus Benefit @ 1% of Fob Value of Exports (in Free Foreign Exchange)

83-PN(RE)/31.10.2011

610

Conversion of Free Shipping Bill to DEPB Shipping Bill between 28.01.2003 and 15.01.2004 against Customs Permission Allowed

44-Pol.Cir/01.11.2011

611

Casein and Casein Export Quota of 1053.625 MTs Permitted

83-Ntfn(RE)/31.10.2011

612

Status Holders Eligible for SHIC on Exports Made During 2012-2013

84-Ntfn(RE)/31.10.2011

613

CBEC Clarifications on Duty Drawback Amendments

48-CBEC/31.10.2011

614

Amendments in Duty Drawback Schedule

75-Cus(NT)/28.10.2011

615

Poppy Seeds Tariff Value Down by $87/MT

76-Cus(NT)/31.10.2011

616

Power of Adjudication of Central Excise Officers

957-CBEC/25.10.2011

617

CBEC Invites Suggestions from Trade for Problems Faced by Exporters in Availing Service Tax Refund

CBEC Draft Circular dated 28th October 2011

618

India’s September Foreign Trade Data

Ministry of Commerce & Industry Press Release dated 1st November 2011

619

Dumping Investigation Initiated on Choline Chloride from China on Complaint by Jubilant, Noida

Initiation Notification No. 14/09/2011-DGAD dated 25th October 2011

620

Seizure of Currency at Cochin International Airport

Press Release dated 31st October 2011

621

Software Export Realisation Period Extended to 1 Year

40-RBI/01.11.2011

622

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 69.09329 from 29 September 2011

39-RBI/01.11.2011

623

Guidelines on Transfer of Shares in FDI Cases

43-RBI/04.11.2011

624

No Compulsion on Money Changers to Locate Offices in Non Metro Centres

41-RBI/01.11.2011

625

FIIs can Invest in Infrastructure NBFCs

42-RBI/03.11.2011

626

DGFT Permits Six Companies to Export Casein and Casein Products

21-TN/31.10.2011

627

Exchange Rate on Date of Authorisation to be used for Composition Fee Calculation

45-Pol.Cir/08.11.2011

628

Applications for DEPB on Cotton Yarn Export During 1 April to 4 August 2011

47-Pol.Cir/08.11.2011

629

No Online Authorisation yet for FPS Scrips

46-Pol.Cir/08.11.2011

630

FPS, VKGUY can be used for Duty Payment on Clearance from Bonded Warehouses

50-CBEC/09.11.2011

631

CBEC Invites Suggestion from Trade Associations for Budget 2012-13

CBEC Draft Circular/02.11.2011

632

MSP of Toria Fixed at Rs. 2425 per Quintal

Ministry of Agriculture, PIB Press Release dated 9th November 2011

633

No Rupees in Customs Area – Forex Counters in International Airports to the Compliant by End of Year

51-CBEC/11.11.2011

634

Eligibility of Construction Equipments under Project Imports

49-CBEC/04.11.2011

635

Zero Duty on All Goods except Liquor and Tobacco from LDCs under SAFTA

Ntfn 99/09.11.2011

636

Amendments in IEC Application Form

84-PN(RE)/11.11.2011

637

Dumping Investigation Initiated on Resin Bonded Fibre Boards from China, Indonesia, Malaysia and Sri Lanka on Complaint by Balaji Action Buildwell, Delhi

14/29/2010-DGAD Dated 11November 2011

638

TV Tuners Both International and External Classified under HS Code 8528 71 00

52-CBEC/11.11.2011

639

Free Import of LCD TV Panels of 20 inches plus at 5% Duty without Manufacture Condition

Ntfn 101/17.11.2011

640

Rs. 8,000 Duty Free Allowance in Baggage to Nepal and Bhutan Tourists

77-Cus(NT)/14.11.2011

641

Anti-dumping on Rewritable CDs Extended up to 3 Oct, 2012

Ntfn 100/14.11.2011

642

Excise Duty Exemption to Brahmaputra Cracker, Assam Withdrawn Six Years before Expiry Date

40-CE/16.11.2011

643

Brass Scrap Tariff Value Up by US$97/MT

78-Cus(NT)/15.11.2011

644

LIBOR plus Ceiling for Trade Credits Raised by 150 bps to 350 bps

44-RBI/15.11.2011

645

“Set-off” of Export Receivables against Import Payables for same Buyer and Supplier

47-RBI/17.11.2011

646

RBI Alert on Online Forex Trading based on Forex Balances

46-RBI/17.11.2011

647

NRI Investment in Oil Fields

45-RBI/16.11.2011

648

FII Cap in Securities Raised by $5 bn to $20 bn

Ministry of Finance PIB Press Release dated 17th November 2011

649

Packing in Jute Bags in 25-100 kg Range must for Food Grains and Sugar

Cabinet Committee on Economic Affairs PIB Press Release dated 16th November 2011

650

FDI in Multi Brand Retail at 51% on the Cards

 

651

Seizure of 100 Bags of Betelnuts at Siliguri

Commissioner of Customs, Central Excise & Service Tax, Siliguri, Incident Report dated 16th November 2011

652

Statement by Prime Minister at the 9th ASEAN-India Summit

Prime Minister’s Office, PIB Press Release dated 19th November 2011

653

CBEC Releases Negative List for Service Tax

November, 2011 – CBEC: Ministry of Finance

654

MEP of Onions Cut by $50 to $350/MT

85-Ntfn(RE)/18.11.2011

655

Tubes and Pipes of Iron and Steel at Heading 7305 also

41-CE/18.11.2011

656

GR Declaration for Mid-Sea Trans-shipment of Fish Catches

48-RBI/21.11.2011

657

Amendments in Legal Metrology (Packaged Commodities) Rules, 2011

Ministry of Consumer Affairs, Food and Public Distribution Notification dated 24th October 2011

658

Customs Manual on Self-Assessment – 2011

 

659

Zero Duty Concession for Goods for Medium Range Surface to Air Missile Programme

Ntfn 102/18.11.2011

660

Another Five Years of Anti-dumping Duty on Opal Glassware from China and UAE

Ntfn 103/23.11.2011

661

Last Date for Online Updation of RCMC Data on DGFT Server by Export Promotion Councils Extended upto 30 November 2011

23-TN/23.11.2011

662

DGFT Removes 48 Cotton Exporters Names from Defaulter List

22-TN/22.11.2011

663

CBEC Launches Data Recovery Simulation Drill from 26 to 28 November 2011

140-PN/25.11.2011

664

Registration of Duty Credit Scrips Issued under TPS/FMS, VKGUY and SFISC Schemes

139-PN/23.11.2011

665

Draft Circular on High Seas Sale Clearance

Draft Cir./08.11.2011

666

ECB for Rupee Expenditure not to be Used for Security Trading

52-RBI/23.11.2011

667

LIBOR Plus Ceiling for ECB Raised by 50 bps to 350 bps

51-RBI/23.11.2011

668

RBI Removes Swap Transaction Limit of US$100 mn

50-RBI/23.11.2011

669

RBI Allows Investment on Repatriation Basis by Eligible Non-Resident Investors

49-RBI/22.11.2011

670

18 Proposals of Foreign Direct Investment Amounting to `2126.20 Crore Approved

Ministry of Finance, PIB Press Release dated 25th November 2011

671

Rupee Falls against All Currencies in Monthly Customs Valuation Rate

82-Cus(NT)/28.11.2011

672

Surrender Additional IECs issued against Single PAN, says Zonal DGFT, Mumbai

02-TN/AM dated16 November 2011

 

673

Procedure for Surrender of Additional Importer Exporter Code in Amalgamation and Merger Cases

ZPRU Circular No. 06/AM-12 dated 16th November, 2011

 

674

Health Warning on Cigarettes at the Time of Import

CBEC Instruction dated 30 November 2011

 

675

Zero Duty on Sugar Extended by Four Months to April 2012

Customs Notification 105 dated 30 November 2011

 

676

BIS Clearance Must for Tyres, 316 Types not made in India Exempted

CBEC Instruction dated 29 November 2011

 

677

MEP of Onions Cut by $100 to $250/MT

DGFT Notification 86-(RE) dated 28 November 2011

 

678

Bulk Drug Exports Exempted from Barcoding Requirement, Only Medical Formulations covered

DGFT Policy Circular No. 48 (RE-2010)/2009-14 Dated the 28th November, 2011

 

679

Calicut Airport Notified for Courier Clearance

Customs Notification No.84(NT) dated 29 November 2011

 

680

Domestic Industry Definition under Anti-dumping Duty Rules Amended

Customs Notification 86-(NT) dated 1 December 2011

 

681

Chlorinated Paraffin Wax in Liquid Form is Subheading 3824 90, Solid form in Subheading 3404 90

CBEC Circular 53  dated 2 December 2011

 

682

Excise Duty not Paid on Pile Liners for Marine Sites Regularised

Central Excised Notification No. 23/(N.T.) dated 1 December 2011

 

683

Brass Scrap Tariff Value Up by US$77/MT

Customs Notification 85(NT) dated 30 November 2011

 

684

FIEO Expects Trade Deficit at $150bn this Fiscal, Engineering Exports in Plummet in October

FIEO Press Release dated 1 December 2011

 

685

Cabinet Approves Additional Funds of Rs. 2050 Crs under Interest Subvention Scheme for SMEs

PIB (MoC&I) Press Release dated 1 December 2011

 

686

October Dollar Export Rise 10.8%, Imports rise 21.7%

PIB (MoC&I) Release dated 1 December 2011

 

688

New Deal for Nepal Trade in Secretary Level Delhi Meet

ABS News, Central Excise Notifications No. 24, 25, 26, 27, 28, 29 dated 5th December 2011

 

689

Special CVD of 4% Exemption on 111 Entries Manufactured in Nepal – Notification Rescinded

Ntfn 108/05.12.2011

 

690

All Goods of Nepal Origin Exempted under Ntfn 104/2010 from 4% Spl CVD

Ntfn 107/05.12.2011

 

691

Annual Bhutan Quota for Milk Powder, Wheat, Rice, Pulses and Edible Oil

87-Ntfn(RE)/05.12.2011

 

692

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 71.668914 per Rouble from Oct 25, 2011

53-RBI/02.12.2011

 

693

EU, Egypt Proposed on Open Food Exports; G20 Proposal Dropped from WTO Ministerial Draft

ABS News

 

694

Indo-Singapore FTA – General Duty Cut by 2-8% on 532 Items

Ntfn 106/01.12.2011

 

695

Record Wheat Crop Forecast in Asia and Russia, Global Cereals Reach 2323 mn Tonnes; Food Prices Checked but Strong Dollar Raises Import Bill

 

 

696

Specific Safeguard Investigation against Carbon Black from China Launched on Complaint of Phillips Carbon

Safeguard Initiation Notification dated 2nd December 2011

 

697

Mumbai Customs Calls for New Faces on its Facebook Page

23-FN/22.11.2011

 

698

Fourth Lady Commissioner Joins CBEC

Office Order No. 321/2011 dated 29th November 2011

 

699

Non Basmati Rice Quota of 10,000 tonnes from FCI Stock to Kenya, Somalia and Djibouti Allowed to Private Trade

Price of Rs. 20,690 per tonne Fixed

The other countries of the Horn, namely Sudan, Ethiopia and Uganda are missing from the list

88-Ntfn(RE)/12.12.2011

 

700

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 73.923372 per Rouble from 28 November 2011

54-RBI/08.12.2011

 

701

RBI Permits 100% FDI in Pharma Sector in Existing Companies (Brownfield Route) under Govt. Approval Route

56-RBI/09.12.2011

 

702

Equity Shares Issue by Conversion of Machinery Investment under FDI under Government Route

55-RBI/09.12.2011

 

715

BIS Restriction on Tyres Import to Cover Tyres in Vehicles – Declaration on Tyre Standard Must

CBEC Instruction dated 15th December 2011

 

716

Six More Months for Compulsory Meat Acquisition from APEDA Registered Abattoir, Provision to come into Effect from 15 June 2012

89-Ntfn(RE)/15.12.2011

 

717

Empty Gelatin Capsules Freely Exportable to EU Subject to Shipment Clearance Certificate and Health Certificate

90-Ntfn(RE)/15.12.2011

 

718

Service Tax Leviable on Film Distributors and Movie Exhibitors under “Business Support Services”

148-ST/13.12.2011

 

719

Corrigendum dated 14 December 2011 to Ntfn 110/19.10.2010

Corrigendum/14.12.2011

 

720

Tariff Value on Brass Scrap and Poppy Seeds Down by US$95/MT and US$73/MT Respectively

87-Cus(NT)/15.12.2011

 

721

RBI Tightens Forex Forward Contracts Transactions

58-RBI/15.12.2011

 

722

Compounding of Delay Contraventions under FEMA, 1999

57-RBI/13.12.2011

 

723

Anand Sharma Rules Out Standstill in Tariff at WTO Ministerial

·      Says will not Give up Right to Put Export Restrictions on Food

·      Calls for Breakthrough in Doha Negotiations “Without Making Any Offers”

·     New Grouping of G90 plus IBSA and China for “Friends of Development” Launched

Ministry of Commerce & Industry, PIB Press Release dated 15th December 2011

 

724

WTO Launches Integrated Trade Intelligence Portal for Accessing Trade Policy Information

ABS News Service

 

725

Rupee Jumps Most Since May 2009 on Central Bank’s Move to Curb Speculation

ABS News Service

 

726

India Pauses Record Rate Rises on Growth Risks

ABS News Service

 

727

42 Final Offers on Govt. Procurement Next Week – Deal Likely in Current WTO Ministerial – China to Accede

ABS News Service

 

728

Anti-dumping Review on Foshan Dihai Trading in Ceramic Glazed Tiles Case

Provisional Assessment on Import Clearance without Duty Ordered

Ntfn 109/15.12.2011

 

729

Service Tax Refund to Exporters through EDI

Exporters Requested to Register Bank Account, Excise Registration Number or Service Tax Code with Customs

149-ST/16.12.2011

 

730

Teflon SION Notified

85-PN(RE)/14.12.2011

 

731

RBI Puts Breaks on Currency Trading in Forwards

·      Deliveries compulsory

·      No Rebooking of Forwards Allowed

·     Open Position Limits Prescribed

RBI Press Release dated 15th December 2011

 

732

WTO Ministerial Concludes

·      Chair’s Summary Replaces Declaration

·      Single Undertaking Abandoned in Favour of Harvesting Low Hanging Fruit

·     Accession of LDCs made Simpler

ABS News Service, WTO Ministerial Conference Eight Session Geneva, 15-17 Dec 2011

 

733

After Eighteen Year “Marathon,” Russia Crosses WTO Finish Line

ABS News Service

 

734

Anand Sharma Asks All Countries to ESCHEW Protectionism

Ministry of Commerce & Industry, PIB Press Release dated 16th December 2011

 

735

Prime Minister’s Statement to Media during Joint Press Interaction with Russian President

Prime Minister’s Office, PIB Press Release dated 16th December 2011

 

736

RBI Failed to Restore Interest on EEFC Account; Result Speculator Entered in Forex Market: Ramu S. Deora

FIEO/PUB/PR/107/11 dated December 16, 2011

 

737

Zero Duty Exemption for Airborne Early Warning and Control (AEW&C) System Programme Extended to 5 April 2014

Ntfn 110/19.12.2011

 

738

Micro Finance Cos Allowed to Borrow $10 mn on ECB Automatic Route

59-RBI/19.12.2011

 

739

Anti-dumping Duty on Sodium Hydrosulphite from China Extended upto 13 October 2012

Ntfn 111/20.12.2011

 

740

Anti-dumping on Flexible Slabstock Polyol – Entries Relating to Singapore in Notification Omitted

Ntfn 112/20.12.2011

 

741

Implementation of Bar Coding on Drugs and Pharma Export Consignments Extended to July 2012

87-PN(RE)/22.12.2011

 

742

Online Transmission of DES and EPCG Authorisation at Krishnapatnam Port from 23 December 2011

49-Pol.Cir/22.12.2011

 

743

Spelling Corrections in Metamitron Technical (98%Min.) DEPB Item

86-PN(RE)/21.12.2011

 

744

Farmer Associations Support FDI in Retail

Ministry of Commerce & Industry, PIB Press Release dated 22nd December 2011

 

745

Member Budget Charge Taken Away from Sheila Sangwan in Mid-Course of Budget 2012 Build Up

ABS News Service

 

746

China, Japan to Back Direct Trade of Currencies without the Dollar, Yuan Volumes Rise along with Value

ABS News Service

 

747

India Extends Ban on Milk and Milk Products from China by Six Months

91-Ntfn(RE)/26.12.2011

 

748

Zero Duty on Jute Products from Bangladesh Covering under Heading 5307, 5607 also

Ntfn 114/23.12.2011

 

749

Foreign Tourists can Change Money on the Basis of Passport Copy and Indian Immigration Stamp Visa

This will Serve as both Proof of Name as well as Proof of Address

60-RBI/22.12.2011

 

750

LDCs Window for 80% Cut under WTO Special Window Enlarged

·        Liberia and Comoros Included in the LDCs List

·        Negative List Enlarged

·       Table Substituted according to HS2012 to be Implemented from 1 January 2012

Ntfn 113/23.12.2011

 

751

Major Ports must take Permission from Government before Leasing Premises in Customs Area

54-CBEC/29.12.2011

 

752

Exchange Rates for Customs Valuation from 1 January 2012

Dollar Rises by 65 paise to Rs. 53.25, Euro Falls Marginally

88-Cus(NT)/28.12.2011

 

753

Amendments in Concessions under Indo-Thai FTA

HS Codes Substituted According to HS2012 Changes to be Implemented from 1 Jan 2012

Ntfn 115/28.12.2011

 

754

Supplies to Non Mega Power Projects Eligible for Advance Authorisation or DFIA only under Para 8.3(a) of FTP

·      Deemed Export Drawback Facility under Para 8.3(b) Withdrawn

·    Only Mega Power Projects will get AAL/Drawback/ Refund of Excise Duty

92-Ntfn(RE)/28.12.2011

 

755

Deemed Export Benefits only for Goods Manufactured in India – No Benefits if Imported Goods are used as such by Project Authority or Supplied as such by Contractor

50-Pol.Cir/28.12.2011

 

756

Ceiling on Dyes Portion is Enhanced to 26% from 14% for Specialty Textiles Licence

88-PN(RE)/27.12.2011

 

757

DGFT Clarification on Registration of Contracts of Cotton and Cotton Yarn with DGFT

51-Pol.Cir/28.12.2011

 

758

Last Date for Half Yearly Return of Service Tax Period Apr-Sep 2011 Extended to 6 Jan 2012

Service Tax Order No. 03/29.12.2011

 

759

Four Documents Required for Service Tax Registration

Service Tax Order No. 02/13.12.2011

 

760

HS2012 Comes into Effect from 1 Jan 2012

·        Code Changes in Notifications

·       For Details Refer to Finance Act 2011 or pp Q/79 of September 2011 Edition of Big’s Easy Reference Customs Tariff

Ntfn 117/29.12.2011, Ntfn 118/29.12.2011, Ntfn 119/29.12.2011, Ntfn 120/30.12.2011,
42-CE/30.12.2011,
43-CE/30.12.2011,
44-CE/30.12.2011,
45-CE/30.12.2011

 

761

Export Tariff on Iron Ore Raised to 30% from 20%

Ntfn 129/30.12.2011

 

762

Anti-dumping Duty on Polypropylene – Entries Relating to Saudi Arabia in Notification Omitted

Ntfn 130/30.12.2011

 

763

Automatic Service Tax Refund to Exporters on All Industry Rate Allowed

52-ST/30.12.2011

 

764

Tariff Value on Brass Scrap and Poppy Seeds Down by US$37/MT and US$74/MT Respectively

89-Cus(NT)/30.12.2011

 

765

ER-3 Quarterly Return for SSI Units

31-CE(NT)/30.12.2011

 

766

Quarterly Return for Old Textile Units under Rule 12

32-CE(NT)/30.12.2011

 

767

Powers of Central Excise Officers in Relation to Service Tax Refund

33-CE(NT)/30.12.2011

 

768

Service Tax on Rail Containers for Export Goods Extended to April

49-ST/30.12.2011

 

769

Service Tax Exemption on Transport of Goods in Containers by Rail Extended to April

50-ST/30.12.2011

 

770

Service Tax Exemption on Transport of Goods by Rail Extended to April

51-ST/30.12.2011

 

771

RBI Allows Hedging of Rupee ECBs to NRIs

63-RBI/29.12.2011

 

772

Export Credit of US$40mn to Maldives

61-RBI/27.12.2011

 

773

Export Credit of US$168mn to Congo

62-RBI/27.12.2011

 

774

Duty Concessions on Pak and Sri Lanka under SAFTA

·      Two Notifications 67/2006 and 68/2006 both dated 30 June 2006 Merged into One and the Duty Cut by One to Three percent

·      Other SAFTA Members Already under Zero Duty in SAFTA Notification 99/09.11.2011

·      Table – Coverage and Effective Duty

·      Appendix – Countries Covered – Islamic Republic of Pakistan and Democratic Socialist Republic of Sri Lanka

·     Annexure – Negative List

Ntfn 125/30.12.2011

 

775

Indo-ASEAN FTA Duty on 1589 Items

·      One to Three percent Cut in the Case of Philippines

·     One to 10 percent Cut in the 9 Countries of ASEAN other than Philippines

Ntfn 127/30.12.2011

 

776

Crude Petroleum from Brunei at 1% Duty under ASEAN FTA

Ntfn 126/30.12.2011

 

777

Indo-Malaysia PTA Concessional Duty on 1630 Items

·     Duty Reduced by 1 to 10 percent

Ntfn 128/30.12.2011

 

778

Indo-Japan CEPA Concessional Duty

Ntfn 124/30.12.2011

 

779

Indo-Korea FTA

·     List Enlarged to 106 from 104

Ntfn 122/30.12.2011

 

780

Indo-Korea CEPA General Duty on 966 Items

·     2 to 5 percent Duty Cut

Ntfn 123/30.12.2011

 

781

Concessions on Import from Chile

·      List Enlarged to 243 from 164

·     Table Substituted According to HS2012 w.e.f. 1 Jan 2012

Ntfn 116/29.12.2011

 

782

HS2012 Comes into Effect from 1 Jan 2012 – II

·     Code Changes in Notifications

Ntfn 121/30.12.2011

 

783

Zero Excise Duty on Khandasari Sugar and Furniture and Covers for Sewing Machines

01-CE/03.01.2012

 

784

Procedure for Unaccompanied Baggage Declaration under EDI System at Sea UB – Chennai Port

183-PN/20.12.2011

 

789

Rafeeque Ahmed Elected FIEO President for Second Time

ABS News Service

 

790

8,300 MTs Sugar Export Quota to USA through ISGEC Ltd. Released

90-PN(RE)/06.01.2012

 

791

10,000 MTs Sugar Export to EU under CXL Quota

89-PN(RE)/06.01.2012

 

792

Export Permission not Required for Supply of SCOMET Items from DTA to SEZ

93-Ntfn(RE)/06.01.2012

 

793

Slow Down Signal Recession, 31 Out of 43 Commodities on the Decline – Urea Crashes 24%, World Bank Pink Sheet – January 2012

World Bank

 

794

Rice Exports to Triple this Year

ABS News Service

 

795

Development Commissioners of SEZs should Handle their Own Court Cases

No.D12/10/2011-SEZ dated 12.12.2011

 

796

MRP of 35% Declared on Sanitary Towels and Napkins for Excise Assessment

Entries Shifted to Sanitary Towels Entry 9619 from 4818 40 and 5601 10 According to HS2012

30-CE(NT)/30.12.2011

 

797

Shrinking Surplus May Help China in Undervaluing Yuan

ABS News Service

 

798

Markel, Sarkozy Meet on Euro Rescue Plan

ABS News Service

 

799

Caustic Soda Anti-dumping Duty Extended upto 1 September 2012 during Review for Continuation

Ntfn 01/06.01.2012

 

800

MEP of Onions Cut by $100/MT

90-Ntfn(RE)/11.01.2012

 

801

Last Date for Half Yearly Return of Service Tax Period Apr-Sept 2011 Extended to 20 Jun 2012

01-ST Order/09.01.2012

 

802

Maturity Period Revised on ECB Limit under Automatic Route

64-RBI/05.01.2012

 

803

100 Per Cent FDI in Single Brand Retail Notified

Ministry of Commerce & Industry, PIB Press Release dated 10th January 2012

 

804

India Tries to Pay Iran in Rupees in Barter Deal for Oil as US Law Threatens Sanctions against India

ABS News Service

 

805

Iran-Korea, Japan and China Fall in Line

ABS News Service

 

806

Rupee Expected to Rise 48-50 Range against Dollar by 2013

ABS News Service

 

807

FDA Halts Orange Juice Imports for Test

ABS News Service

 

808

China Trade Slumps in December

ABS News Service

 

809

China Snubs Geithner on Iran Oil, Japan Plans Cut

ABS News Service

 

810

China Spurs $115 Billion Australia Port, Rail Boom: Freight

ABS News Service

 

811

Vietnam Signals Cuts in Interest Rates as Asia’s Fastest Inflation Eases

ABS News Service

 

812

Anti-dumping Duty Imposed on Non Fertiliser Grade Phosphoric Acid from Israel and Taiwan

Ntfn 04-ADD/13.01.2012

 

813

Cotton Yarn Incentives during Free Shipping Bill period April-July 2011

52-Pol.Cir/12.01.2012

 

814

Raw Sugar Export Quota to USA through ISGEC

91-PN(RE)/12.01.2012

 

815

Another Five Years of Anti-Dumping Duty on Silk Fabrics from China – Duty Raised in Review

Ntfn 02-ADD/13.01.2012

 

816

Anti-dumping Duty on Nylon Filament Yarn from China, Taiwan and Others to Continue for Another Five Years

Ntfn 03-ADD/13.01.2012

 

817

Another Five Years of Anti-dumping Duty on Cellophane Transparent Film from China

Ntfn 05-ADD/13.01.2012

 

818

Anti-dumping Duty on Saccharin Notification 136/2009 Rescinded – New Notification 07/2012 Issued

Ntfn 06-ADD/13.01.2012

 

819

Saccharin from China – Dumping Duty Slashed After Review

Ntfn 07-ADD/13.01.2012

 

820

Exports to Nepal on Par with Export to other Countries

958-CBEC/13.01.2012

 

821

ADs must Accept Forwarder’s Cargo Receipts Issued by IATA Agents for Goods and Services Exports

65-RBI/12.01.2012

 

822

Authorised Banks for e-Payment through ICEGATE for All Customs Locations w.e.f. 16.01.2012

CBEC Website

 

823

Seizure of 9th to 12th Century Antiques on Nepal Route by Siliguri Customs

C. No. VIII (10)29/CUS/P&I-SLG/11-12 dated 13th January 2012

 

824

Tariff Value on Brass Scrap Up by US$14/MT

02-Cus(NT)/13.01.2012

 

825

Excise Commissioner Held in Bribery Case

Hindustan Times

 

826

Government Raises Duty on Gold to 2% of Value, Silver to 6%

Ntfn 01/16.01.2012, Ntfn 02/16.01.2012, Ntfn 03/16.01.2012, 03-Cus(NT)/16.01.2012, 02-CE/16.01.2012, 03-CE/16.01.2012

 

827

Anti-dumping Duty on Emulsion PVC Resin – HS2012 Changes in Notification

Ntfn 08-ADD/16.01.2012

 

828

Re-credited DEPB can be Used Till 30 March 2012

02-CBEC/16.01.2012

 

829

Safeguard Duty of 10% Imposed on Phthalic Anhydride for 180 Days under Provisional Findings

Ntfn 01-SG/17.01.2012

 

830

Govt. Fixes Tariff Value for Gold at $526 per 10 gms and Silver at $953 per kg

04-Cus(NT)/17.01.2012

 

831

Corrigendum dated 17th January 2012

Corrigendum/17.01.2012

 

832

JNCH Organises Trade Facilitation Fortnight to Improve Service Standards – Promises Liquidation of All Old SAD Refund Cases

01-FN/11.01.2012

 

833

Guidelines for undertaking Commodity Hedging Transactions in International Commodity Exchange

68-RBI/17.01.2012

 

834

RBI Notifies 100 percent FDI in Single Brand Retail

67-RBI/13.01.2012

 

835

RBI Issues Directions for QFI Investments in Indian Companies and Single-Brand Retail Trading

66-RBI/13.01.2012

 

836

Finance Minister holds Pre Budget Consultations with Trade Union Groups; Necessary Measures Sought to Safeguard Interest of Workers

Ministry of Finance, PIB Press Release dated 16th January 2012

 

837

World Bank Cuts Outlook as Euro Region Contracts

ABS News Service

 

838

Euro Advances as IMF Said to Seek $1 Trillion

ABS News Service

 

839

South Africa Exporting Corn Risks Depleting Domestic Supplies

ABS News Service

 

840

Dept. of Revenue Notifies Refund of Anti-dumping Duty (Paid in Excess of Actual Margin of Dumping) Rules, 2012

   Refund within 90 Days of Application, Undue Enrichment Clause Applicable

   Covers Cases of New Shipper Reviews where DA Determines Import was at less than Dumping Margin

   Application to be Filed within Three Months after Refundability Event

   Deficiencies to be Pointed out within a Month from Application Date

05-Cus(NT)/19.01.2012

 

841

Rules for Review of Cases of Refund of Anti-dumping duty for Imports at less than Dumping Margin Released

Anti Circumvention Rules Notified, DA to take Action based on Information from any Source

06-Cus(NT)/19.01.2012

 

842

World Commercial Services Trade Rises 12% in Q2, Brazil, Russia, Switzerland and India Lead

ABS News Service

 

843

10 LDCs on Fast Track to Join WTO

ABS News Service

 

844

Argentina Starts Compulsory Licensing, Import Balancing for All Imports from 1 February

ABS News Service

 

845

Obama Blocks Proposed Canada – Texas Oil Sands Pipeline

ABS News Service

 

846

Brazil Advances $2.2bn for Ethanol Production

ABS News Service

 

847

SOPA and PIPA in Congress to Curb Internet Freedom and Wikipedia

ABS News Service

 

848

Vodafone International Holdings B.V. vs. UOI (Supreme Court)

ABS News Service

 

849

Anti-dumping Duty Imposed on Building Material Textile (Geogrid) from China for Five Years

Ntfn 11(ADD)/24.01.2012

 

850

Anti-dumping Duty on Morpholine from China, EU and USA – Final Findings

Ntfn 10(ADD)/24.01.2012

 

851

Provisional Anti-dumping Duty Notification on Morpholine Rescinded

Ntfn 09(ADD)/24.01.2012

 

852

Presidential Award for Specially Distinguished Officers of the Customs and Central Excise Notified

07-Cus(NT)/24.01.2012

 

853

RBI Cuts CRR by 50 Points, Injects Rs. 32,000 crs Liquidity in Economy to Push Growth

RBI Press Release dated 24th January 2012

 

854

India takes over as President of SAARC Chamber

ABS News Service

 

855

India uses Yen to Square up Iran Oil, Dithers on Accepting the falling Rupees

EU to put Ban from 1 July

ABS News Service

 

856

Wheat Production in Russia, CIS Reaches Record

ABS News Service

 

857

Rupee Rises by 38 paise to the Dollar, Hits 49.648

NSE and RBI Website

 

858

India, Thailand: PMs want Free Trade Pact by Mid-2012

ABS News Service

 

859

Myanmar's Natural Gas and Oil Pipelines

ABS News Service

 

860

India Signs OECD Convention on Assistance in Tax Matters

Ministry of Finance, PIB Press Release dated 27th January 2012

 

861

Corrigendum dated 23 January to 02/2012

Corrigendum/23.01.2012

 

862

Banks should Certify Leverage Ratio of IFCs Availing ECBs under Approval Route

70-RBI/25.01.2012

 

863

External Commercial Borrowings – Simplification of Procedure

69-RBI/25.01.2012

 

864

Rupee Gains Against Dollar, Euro and Yen

09-Cus(NT)/30.01.2012

 

865

International Customs Day Celebration on 2 February 2012

F. No. 21000/9/2011-Cus/ICD dated 6th January 2012

 

866

Tondiarpet ICD at Chennai Notified for Unloading and Loading Goods

08-Cus(NT)/30.01.2012

 

867

RBI Removes Criteria Relating to Increase in Locational Advantage for Issuance of Fresh Licences for Full Fledged Money Changers

71-RBI/30.01.2012

 

868

RBI Approval Requires for Opening and Maintaining Rupee Vostro Account in India of Non Resident Exchange Houses in Connection with RDAs

72-RBI/30.01.2012

 

869

Tariff Value of Gold Raised by US$30 per 10 gms and Silver by US$113/kg

Brass Scrap Tariff Value Up by US$70 per MT and Poppy Seeds Raised by US$235/MT

10-Cus(NT)/31.01.2012

 

870

Fused Silica is Classified under Tariff Line 3207 40 00

Fused Silica in Tube Form, Rods or Tubes Unworked Classified under HS Code 7002 31 00

03-CBEC/01.02.2012

 

871

BIS Clearance Exempted on Commercial Vehicle Tyres, Off the Road Tyres, Run Flat Tyres and Collapsible Mini Tyres Import

CBEC Instruction/30.01.2012

 

872

Mumbai Zonal DGFT Asks Exporters to Update Email Address of the Authorised Signatory

04-TN/30.01.2012

 

873

December Dollar Export Rise 6.71%, Imports Up 19.81%

Ministry of Commerce & Industry, PIB Press Release dated 1st February 2012

 

874

FIEO President Calls for Investment Incentives to Reach Export Target

ABS News Service

 

875

Instant Fruit Juice Powder/Crystals SION Notified

92-PN(RE)/01.02.2012

 

876

Biscuits SION Modified

93-PN(RE)/01.02.2012

 

877

Sugar Free Assorted Confectionery SION Notified

Input Items and Quantities for Assorted Confectionery made of Cane Sugar Rationalised

94-PN(RE)/01.02.2012

 

878

DGFT Notifies Articles made of Thermo Plastic Elastomer (TPE) SION

95-PN(RE)/02.02.2012

 

879

Dollar-Rupee Rate at NSE Futures

NSE and RBI Website

 

880

AD Banks Format for Fortnightly Balances in Diamond Dollar Accounts

73-RBI/31.01.2012

 

881

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 71.456679 from 20 January 2012

74-RBI/01.02.2012

 

882

Jt Commissioner of Customs Designated in Air Cargo Complex Mumbai as Repository of Authorised Origin Certification Authority

07-PN/21.01.2012

 

883

MIAPL Designated as Cargo Custodian for Sahar Airport

06-PN/20.01.2012

 

884

No Export Quotas for Bhutan, India Allows Transit for Bhutan Trade with Bangladesh

Ministry of Commerce & Industry, PIB Press Release dated 3rd February 2012

 

885

Industry Leaders Met FM in Pre Budget Meets

Ministry of Finance, PIB Press Release dated 3rd February 2012

 

886

Cabinet Approves Compulsory Local Content for Electronic Goods

Ministry of Communications & Information Technology, PIB Press Release dated 2nd February 2012

 

887

Pak gets WTO Waiver on EU TRQ for Pak

ABS News Service

 

888

India Prepared for Rate Cut as Central Bank Sees Inflation Easing: Economy

ABS News Service

 

889

EU, India Trade Talks Make Progress Ahead of February Summit

ABS News Service

 

890

WHO Talks on ‘Counterfeit’

ABS News Service

 

891

EU Inks Anti-Counterfeiting Pact

ABS News Service

 

892

China Raw Material Export Restrictions Illegal, Says WTO Appellate Body

ABS News Service

 

893

African Union Aims for Continental Free Trade Area by 2017

ABS News Service

 

894

Crude Rises but Gas Falls, World Sugar on the Rise, Rice Falls

Non Ferrous Metals Up but Steel Steady

World Bank

 

895

China in Trade War with EU Over Carbon Emission Levy

ABS News Service

 

896

Cargill says Food Prices Set to Rise

ABS News Service

 

897

US Trade Gap Rises to $48.5bn in November

ABS News Service

 

898

Mauritius Trade Minister Calls on Anand Sharma

Ministry of Commerce & Industry, PIB Press Release dated 7th February 2012

 

899

Finance Minister hopes an Upward Revision in the GDP Growth

Ministry of Finance, PIB Press Release dated 7th February 2012

 

900

G.K. Vasan Strongly Advocates PPP Mode in Port Investment

Ministry of Shipping, PIB Press Release dated 7th February 2012

 

901

Export Obligation Period for Import of Silk Extended from Six Months to Nine Months

96-PN(RE)/07.02.2012

 

902

RBI Simplifies Procedure of ECB

75-RBI/07.02.2012

 

903

DRI Case on Gururaj Steel

CBEC Order/02.02.2012

 

904

Mauritius PM Navinchandra Visit India

PIB Press Release dated 7th February 2012

 

905

BHP Billiton First-Half Profit Drops 5.5%

ABS News Service

 

906

China moves to Fund EU Stability with $3tn Reserve

ABS News Service

 

907

Natural Rubber Duty Ceiling at Rs. 49 per kg to Curb Price

Ntfn 04/17.01.2012

 

908

Zero Duty Concession for Goods for International Thermonuclear Experimental Reactor (ITER)

Ntfn 05/07.02.2012

 

909

Stainless Steel Flats – 5 More Grades under Anti-dumping Duty, Corrigendum Notification gives Retrospective Effect

Corrigendum/07.02.2012

 

910

Free of Cost Services not Included in “Gross Amount” of Works Contract before 7 July 2009

150-ST/08.02.2012

 

911

China Bans 400K DWT Large Iron Ore Carriers to Stop Brazil – COSCO Gains, Small Steel Makers, Ship Owners Suffer

ABS News Service

 

912

Tensions over EU Emissions Levy Reach New Heights as China Tells Airlines not to Comply

ABS News Service

 

913

Rupee Falls by 26 paise to Reach 49.29 to the Dollar

NSE and RBI Website

 

914

Anti-dumping Duty on Coumarin from China – Final Findings After CESTAT Review Maintains Old Rate

Ntfn-12(ADD)/08.02.2012

 

915

Air Guns and Air Pistols Import Free for Registered Shooters

95-Ntfn(RE)/09.02.2012

 

916

Amendments in SION

New SION for Ball Pen Tips

97-PN(RE)/09.02.2012

 

917

RBI Warns Banks to Stop Iran, China, Pak and the like from Opening India Office

76-RBI/09.02.2012

 

918

US gives up on Zeroing of Anti-dumping Investigations, Signs Pact with Brussels and Tokyo

ABS News Service

 

919

China to Subsidise GM Crops in Three Nongs Policy

ABS News Service

 

920

EU gives Euro 100mn Three Year Trade Package to Pak in Textiles, Leather and Ethanol

ABS News Service

 

921

China Solar Panels may Face Retrospective Duties to Punish Import Surge

ABS News Service

 

922

Argentina on go Slow in Automatic Licence Approval, Approval Rate only 33%

ABS News Service

 

923

Rupee Falls by 35 paise to Reach 49.64 to the Dollar

NSE and RBI Website

 

924

Service Tax on Construction of Flats/Houses – Landowner, Builder, Developer and Contractor are Liable to Pay

Government itself Liable to Pay Service Tax on Construction Services

151-ST/10.02.2012

 

925

Antimony Trioxide Substituted for Antimony Dioxide and Antimony Oxide in SION No. A1790 and A1834

98-PN(RE)/10.02.2012

 

926

DRI Case of Medisurgi Pvt. Ltd., Mumbai

CBEC Order/10.02.2012

 

927

Pak to Announce Negative List for Indian Exports Soon

ABS News Service

 

928

DGFT on Sectoral Review Mode for Annual Foreign Trade Policy

ABS News Service

 

929

Pascal Lamy Points to Africa for Food Trade and Production

ABS News Service

 

930

Dominican Republic Loses on Plastic Bag Safeguards Case at WTO

ABS News Service

 

931

Rupee Gains by 33 paise to Reach 49.32 to the Dollar

NSE and RBI Website

 

932

Long Range Surface to Air Missile (LR-SAM) Programme – Customs Duty Exemption

Ntfn 06/09.02.2012

 

933

Long Range Surface to Air Missile (LR-SAM) Exemption of Excise Duty

04-CE/09.02.2012

 

934

CENVAT Credit on Excise Concessions to North East and J&K

01-CE(NT)/09.02.2012

 

935

LDC Import Desiccated Coconut Duty Cut Lowered to 12%, Tableware Cut Raised to 48% - Amendment by Corrigendum

Corrigendum/08.02.2012

 

935

American Jews Object to Khullar’s Plan for Iran Export Promotion

ABS News Service

 

936

Rupee Steadies at 49.33 to the Dollar

NSE and RBI Website

 

937

ECGC to Stop Cover on Exports to Iran

ABS News Service/15.02.2012

 

938

EU Expected to Ban Iranian Banks from Swift

ABS News Service/15.02.2012

 

939

Rupee Steadies at 49.25 to the Dollar

NSE and RBI Website

 

940

MEP of Onions Cut by $25 to $125/MT

96-Ntfn(RE)/15.02.2012

 

941

Time Bound Clearance must to Avoid Demurrage– Customs to give Option for Warehousing in Writing

CBEC Instruction dated 13th February 2012

 

942

RBI Requires Declaration of Immovable Property Acquired in India by a Person Resident Outside India Measure not to Apply NRI/PIO

79-RBI/15.02.2012

 

943

RBI Simplifies Procedure of Softex for Large Exporters – STPI to Certify Excel Sheets

80-RBI/15.02.2012

 

944

Money Laundering Filters for Indian Agents to Money Transfer (MT) Agencies

78-RBI/15.02.2012

 

945

RBI Cautions Dealers on Iran for Terrorist Financing Checks

77-RBI/15.02.2012

 

946

Protests on Anti Counterfeiting Pact Mount in EU

ABS News Service/16.02.2012

 

947

Farm Subsidies Cuts Hearings begin US Congress

ABS News Service/16.02.2012

 

948

US Industry Pushing to Sideline Doha?

ABS News Service/16.02.2012

 

949

Tariff Value of Brass Scrap and Poppy Seeds Down by US$98/MT and US$234/MT

11-Cus(NT)/15.02.2012

 

950

Corrections in Reward Scheme by 80-PN(RE)/13.10.2011 and 83-PN(RE)/31.10.2011

99-PN(RE)/16.02.2012

 

951

Carpet Expo Flags Off at Pragati Maidan, China Marks Presence as Future Buyer

ABS News Service/17.02.2012

 

952

Rupee Steadies at 49.21 to the Dollar

NSE and RBI Website

 

953

Calculate Export Duty in Iron Ore using Wet Metric Tonne after Deducting for Moisture Content

04-CBEC/17.02.2012

 

954

CBEC Allows Change of Name, Relocation and Expansion to Uttaranchal and Himachal Excise Free Units

960-CBEC/17.02.2012

 

955

Duty Concessions on Pak and Sri Lanka under SAFTA – Corrections in SNos. 113 and 116

Corrigendum/24.01.2012

 

956

Corrigendum dated 9 Feb 12 to Ntfn 04/12

Corrigendum/09.02.2012

 

957

European Insurers Say “No” to Iran Trade, Warnings to Finish Contracts before 1 July

ABS News Service/20.02.2012

 

958

Kyrgyzstan Applies for Customs Union with Russia to Create “Common Economic Space”

ABS News Service/20.02.2012

 

959

SWIFT is Against Iran Terrorist Financing but Claims Limitations on Account of Multilateral Legal Framework

ABS News Service/21.02.2012

 

960

Oil Trades Near Nine-Month High on Iran Tension

ABS News Service/21.02.2012

 

961

Danube Freezes Hampering Trade

ABS News Service/21.02.2012

 

962

Food Shortages in Yemen

ABS News Service/21.02.2012

 

963

Too much Rice in the World Market, India to Pump in 6.5mn tonnes, Price Crash Soon

ABS News Service/21.02.2012

 

964

Euro Rises with Greek Bailout News

ABS News Service/21.02.2012

 

965

Gold Imports in 2012 Estimated at 900 tonnes

ABS News Service/21.02.2012

 

966

Value Added Measures – iPhones are Made in Japan and Korea, China does the Final Assembly only

ABS News Service/21.02.2012

 

967

Rupee Gains by 13 paise against Dollar

NSE and RBI Website

 

968

Dumping Investigation Initiated on Soda Ash from Turkey and Russia on Complaint by AMAI

Initiation Notification No. 14/3/2011-DGAD dated 10th February 2012

 

969

DGAD Notifies Final Findings on Non Fertilizer Grade Phosphoric Acid from Israel and Taiwan

No. 14/44/2010-DGAD dated 2nd February 2012

 

970

Rangarajan Forecast 8% Growth in 2012, Rupee to be Stable with Managed Current Account Deficit at 3% of GDP, Gold Import to Fall, Crude may go up 10%

Prime Ministry’s Office, PIB Press Release dated 22nd February 2012

 

971

Rupee Falls by 16 paise against Dollar

NSE and RBI Website

 

972

Basmati Rice MEP Slashed to US$700/MT from US$900/MT

·     Export Permitted from All EDI Ports

·     Registration of Contracts with APEDA Must

97-Ntfn(RE)/21.02.2012

 

973

Import Remittance Limit Raised without Documentation to US$5000 from US$500

82-RBI/21.02.2012

 

974

Exporters can Receive Advance Payment for Supply beyond One Year Allowed but no Refunds for Non Delivery

83-RBI/21.02.2012

 

975

No Service Tax Leviable on Toll Fee but Toll Collection to Pay ST

152-ST/22.02.2012

 

976

Pranab Mukherjee Confers Presidential Awards to Customs and Excise Officers

Ministry of Finance, PIB Press Release dated 22nd February 2012

 

977

India in Consultation with Turkey at WTO on Turkish Action of Extending Safeguard Duty on Cotton Yarn

ABS News Service

 

978

Vietnam Brings its Second WTO Complaint against US on Frozen Warm-Water Shrimp

ABS News Service

 

979

Rupee Steadies at 49.24 to the Dollar

NSE and RBI Website

 

980

Another Six Months for CHAs to Pass Exam to File Electronic Declaration

05-CBEC/23.02.2012

 

981

Sodium Tripoly Phosphate (STPP) from China – Notification Rescinded

Ntfn 13(ADD)/22.02.2012

 

982

Vinyl Pyridine Latex DEPB Entry Corrected

100-PN(RE)/23.02.2012

 

983

Indo-Nepal Trade – Excise Exemption – Normal Exemptions to Apply

02-CE(NT)/22.02.2012

 

984

India Supports BRICS Bank

ABS News Service

 

985

Rupee Gains by 18 paise against Dollar

NSE and RBI Website

 

986

Spares Import under EPCG for Domestically Procured Capital Goods not Allowed

54-Pol.Cir/23.02.2012

 

987

357 Items Identified in 5% Plus Export Decline in 2010-11 Period for Refixation of Annual Export Obligation

53-Pol.Cir/23.02.2012

 

988

Wheat Export through Non-EDI Land Customs Stations on Bangladesh and Nepal Border Allowed with DGFT Registration

99-Ntfn(RE)/23.02.2012

 

989

Non Basmati Rice Export through Non-EDI Land Customs Stations on Bangladesh and Nepal Border Allowed with DGFT Registration

98-Ntfn(RE)/23.02.2012

 

990

Molasses used in Hookah Containing Tobacco Must Bear Health Warning at the Time of Import

CBEC Instruction/22.02.2012

 

991

Rupee Steadies at 49.04 to the Dollar

NSE and RBI Website

 

992

Dollar Falls by 80 paise for March Customs Valuation

14-Cus(NT)/27.02.2012

 

993

Rupee Falls by 10 paise against Dollar

NSE and RBI Website

 

994

Ten Outside Indian Laboratories Authorised for Diamond Certification for Re-import after Grading

100-Ntfn(RE)/28.02.2012

 

995

Rupee Gains by 79 paise against Dollar

NSE and RBI Website

 

996

DGFT Introduces ‘On-line’ Filing of Policy Relaxation (PRC) Application

56-Pol.Cir/29.02.2012

 

997

Erythromycin Thiocyanate Import Under Advance Authorisation Exempted from Drugs Registration

55-Pol.Cir/29.02.2012

 

998

Corrections in DGFT Notification 98(RE)/23 February 2012

101-Ntfn(RE)/02.03.2012

 

999

FPS Benefits on Handmade Carpets Extended to Braided Carpets

101-PN(RE)/29.02.2012

 

1000

Anti-dumping Duty on Phenol from USA, Korea and Taiwan – Notification Rescinded

Ntfn 14-ADD/29.02.2012

 

1001

Tariff Value on Gold and Silver Up by US$17 per 10 gms and US$78 per kg

15-Cus(NT)/29.02.2012

 

1002

Laukaha in Bihar and Thoothibari in UP LCS Notified for Nepal Trade

17-Cus(NT)/29.02.2012

 

1003

Dhamra Port in Orissa Notified for Unloading and Loading Goods

16-Cus(NT)/29.02.2012

 

1004

Crude and Refined Oil Imports Up by 68.1% and 64.4%

Ministry of Commerce & Industry, PIB Press Release dated 1st March 2012

 

1005

Five Sectors with 27 Sub Sectors under Infrastructure Definition Listed with Sub Sectors

Cabinet Committee on Infrastructure, PIB Press Release dated 1st March 2012

 

1006

CBEC Invites Feedback from Taxpayers and Trade Associations on Rising Litigation with Taxpayers

CBEC Website

 

1007

Corrigendum dated 16 Feb ’12 to Ntfn 04-Cus dated 17 Jan ’12

Corrigendum/16.02.2012

 

1008

RBI Raises Maximum Tenor of Gold Loan to 270 Days for Fixing the Price and Repayment as per FTP 2009-14

83-RBI/27.02.2012

 

1009

RBI Allows ECB to Developers of NMIZ under ‘Approval Route’

85-RBI/29.02.2012

 

1010

All Eyes on FIEO Delegation of 30 Leaving for Iran on 10 March, FIEO Says UCO Escrow Account to Guarantee Payment

ABS News Service

 

1011

EU Wants “Polluting” Label for Oil from Sand Deposits, WTO Dispute Brewing?

ABS News Service

 

1012

Boeing may Win WTO Case Against $18bn Airbus Subsidies

ABS News Service

 

1013

India Slam Brakes on Cotton Exports

102-Ntfn(RE)/05.03.2012

 

1014

Corrections in DGFT Notification 99(RE)/23 February 2012

103-Ntfn(RE)/05.03.2012

 

1015

Philippines Asks for Rice QRs at WTO, US wants Access to Pork Market in Return for Ok on QR

ABS News Service

 

1016

US Mulls MFN Status to Russia

ABS News Service

 

1017

EUROFER Asks for Anti Subsidy Probe on Chinese Steel Following Dumping Plaint

ABS News Service

 

1018

US-Korea FTA to take Effect in March

ABS News Service

 

1019

Rupee Falls by 44 paise against Dollar

NSE and RBI Website

 

1020

Rupee Exports in UCO Bank Escrow Account to Iran to Get Export Incentives

105-Ntfn(RE)/05.03.2012

 

1021

Calendar Year Accounting for Restriction Free Export Quota to Bhutan

104-Ntfn(RE)/05.03.2012

 

1022

Daily List of Imports and Exports Rules, 2004 Amendments

18-Cus(NT)/05.03.2012

 

1023

CBEC Asks Field Formations to Enforce Export Ban on Cotton, Report of Pending Consignments in Customs Custody Sought

06-CBEC/06.03.2012

 

1024

Textiles Ministry Justifies Cotton Export Ban, Says Stocks Low even as Low Prices Force Cotton Corporation to Buy in Quiet Market

Ministry of Textiles, PIB Press Release dated 6th March 2012

 

1025

Anti-dumping Duty on FD Polyester Yarn from Taiwan, Korea, Indonesia and Malaysia – Notification Validity Extended upto 20 August 2012 in Review

Ntfn 15(ADD)-05.03.2012

 

1026

US Takes India to WTO over NTB on Poultry

ABS News Service

 

1027

Crude Rises but Gas Falls, World Sugar on the Rise, Rice Falls

World Bank

 

1028

Rupee Falls by 54 paise against Dollar

NSE and RBI Website

 

1029

Cotton Export LEO as Evidenced in DTR upto 4 March not Covered in Export Ban

58-Pol.Cir/09.03.2012

 

1030

Customs Says Cotton Export LEOs Till 4 March not under Ban

07-CBEC/09.03.2012

 

1031

DGFT Clamps Down on Improper DFAI for Sensitive List in HBP Para 4.32.2

57-Pol.Cir/06.03.2012

 

1032

RBI Issues Instructions on How to Check Money Laundering

86-RBI/29.02.2012

 

1033

RBI Permission must for BO

88-RBI/01.03.2012

 

1034

Purpose Code for Receipts at Payments in Forex Reporting under FETERS

84-RBI/29.02.2012

 

1035

ADG Chennai of DRI Arrested by CBI for Accepting Rs. 8 Lakhs Bribe from Burmese National

ABS News Service

 

1036

Cotton Export Ban Withdrawn, Exports Limited to Contracts Already Registered – New Registration Suspended to Support Domestic Industry

106-Ntfn(RE)/12.03.2012

 

1037

Bangalore Aero Show must put Bank Guarantees for Exhibition and Display of Aircraft and Other Imports, Fuel Consumption must Pay Full Duty

Ntfn 08/09.03.2012

 

1038

Customs Duty Changes Following Excise Revision

32nd Budget 2012 Edition of Big’s Easy Reference Customs Tariff

 

1039

FM Pranab Mukherjee Raises Excise and Service Tax by 2% - Budget Speech 2012-2013

Ministry of Finance, Govt. of India

 

1040

TRU Letter on Customs and Excise Changes

D.O.F.No.334/ 3/2012-TRU dated 16.03.2012

 

1041

TRU Letter on Service Tax Changes

D.O.F.No.334/1/2012-TRU dated 16.03.2012

 

1042

Customs 2012 Changes Explanatory Notes

D.O.F.No.334/ 3/2012-TRU dated 16.03.2012

 

1043

Excise 2012 Changes Explanatory Notes

D.O.F.No.334/ 3/2012-TRU dated 16.03.2012

 

1044

Customs Budget- One Step Forward in Reform but Duty hikes in CVD with High Exchange Rates Raises Cost Further

ABS News Service

 

1045

Important Corrigendum issued by the Department of Revenue on 19 March, 2012 for Corrections in Customs and Excise Jumbo Notifications

Corrigendum/19.03.2012

 

1046

Main Jumbo Customs Exemption Notification 12/17.03.2012 - Amendments

Ntfn 23/20.03.2012

 

1047

Silver Tariff Value Down by US$ 109 per Kg

23-Cus(NT)/21.03.2012

 

1048

6% CVD Applicable on Articles of Jewellery

20-CE/19.03.2012

 

1049

Anti-dumping Duty on Flat Base Steel Wheels from China Extended upto 27 March, 2013

Ntfn 16-ADD/20.03.2012

 

1050

Export of 5,000 Bales of Assam Comilla Cotton Exempted from Cotton Restriction

108-Ntfn(RE)/22.03.2012

 

1051

Cotton Export Permitted only after Revalidation of RCs

24-TN/20.03.2012

 

1052

Procedure for Revalidation of RCs for Cotton Export

102-PN(RE)/16.03.2012

 

1053

Addl. DGFT, Mumbai Receives 68 Applications for Revalidation of RC for Cotton Export

Addl. DGFT Mumbai Trade Notice No. 06 dated 19th March 2012

 

1054

Corrigendum to Trade Notice No. 6/AM12 dated 19.03.2012

Addl. DGFT Mumbai Trade Notice No. 07 dated 21st March 2012

 

1055

No Deemed Export Benefit to Non Mega Power Project

107-Ntfn(RE)/21.03.2012

 

1056

Detained Containers may be Released on Furnishing Bond and BG under CA ‘1962

No Rent or Demurrage on Detained Goods under Rule 6 (1) (I) of HCCAR 2009

F.No. 450/24/2012-Cus.IV dated 14th March 2012

 

1057

Colour Toners for Laser Printers and Photocopier SION Notified

103-PN(RE)/22.03.2012

 

1058

Mumbai Addl. DGFT Notifies New Timings for Submission and Delivery of Applications

Addl. DGFT Mumbai Trade Notice No. 05 dated 6th March 2012

 

1059

Amendments in Pan Masala Packing Machines (Capacity Determination and Collection of Duty) Rules 2008

19-CE(NT)/19.03.2012

 

1060

Amendments in Chewing Tobacco and Un-manufactured Tobacco Packing Machines Rules, 2010

20-CE(NT)/19.03.2012

 

1061

Corrigendum dated 22 March 2012 to 12-Cus dated 17 March 2012 – III

Corrigendum dated 22nd March 2012

 

1062

Corrigendum dated 23 March 2012 to 12-Cus/17.03.2012 – IV

Corrigendum dated 23rd March 2012

 

1063

Corrigendum dated 23 March 2012 to 12-CE dated 17 March 2012

Corrigendum dated 23rd March 2012

 

1064

Corrigendum dated 22 March 2012 to 12-CE dated 17.03.2012

Corrigendum dated 22nd March 2012

 

1065

Corrigendum dated 20 March 2012 to 11-CE dated 17.03.2012

Corrigendum dated 20th March 2012

 

1066

Corrigendum dated 20 March 2012 to 10-CE dated 17 March 2012

Corrigendum dated 20th March 2012

 

1067

Corrigendum dated 20 March 2012 to 09-CE dated 17 March 2012

Corrigendum dated 20th March 2012

 

1068

Applicability of Excise Exemption to Ores under S. No. 4 of 04-CE/2006

09-CBEC/23.03.2012

 

1069

DGFT Modifies PSI Agencies Eligibility Criteria and PSI Certificate for Metal Scrap

104-PN(RE)/23.03.2012

 

1070

New Guidelines for Power Generation in SEZs

No. P.6/3/2006-SEZ dated 21st March 2012

 

1071

Tariff Value of Gold Down by US$43 per gms

24-Cus(NT)/22.03.2012

 

1072

Repayment of Loans to NRE/NCNR(B) Account Extended by way of Inward Remittance in Forex through Normal Banking Channels

95-RBI/21.03.2012

 

1073

AD Banks should Submit Quarterly Reports of Diamond Dollar Accounts w.e.f. March 2012

92-RBI/13.03.2012

 

1074

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 68.838139 from 9 Feb ‘2012

91-RBI/13.03.2012

 

1075

Pulses Export Ban Extended for One More Year

109-Ntfn(RE)/27.03.2012

 

1076

Revalidation of Reward Scrips for Re-credit of 4% CVD

105-PN(RE)/27.03.2012

 

1077

Duty Refund Procedure in India and Nepal Trade to Continue on Past Exports

961-CBEC/26.03.2012

 

1078

Rupee Falls against Dollar, Euro and Yen in April Customs Valuation

26-Cus(NT)/28.03.2012

 

1079

Only Cenvat Credit Balance can be used for Payment of Arrears

962-CBEC/28.03.2012

 

1080

No Cenvat on 1/2011 (2% Excise) Allowed, Coal and Fertilisers (1% Excise)

21-CE(NT)/27.03.2012

 

1081

India Said to Plan Using Foreign Currency for Iran Oil Deals as Rupee Falls

ABS News Service

 

1082

BRICS Ministers Demand more from Doha

ABS News Service

 

1083

US-China Solar Panel Conflict Reaches Next Stage

ABS News Service

 

1084

BRICS Nations Sign Pact for Local Currency Facility

ABS News Service

 

1085

BRICS Delhi Declaration

ABS News Service

 

1086

Avoid Disruptions to Trade, Manmohan Tells BRICS Summit

ABS News Service

 

1087

Pakistan Implements ‘Negative List’ for India Trade

ABS News Service

 

1088

Colombia Joins WTO’s Information Technology Agreement

ABS News Service

 

1089

CVD of 1% Applicable on Composite Fertilisers

Ntfn 24/28.03.2012

 

1090

Corrigendum dated 28 March ’12 to 12/17.03.2012

Corrigendum/28.03.2012

 

1091

SAD Paid through DEPB will be Refunded only Till 30 April

No Refund on Reward Scrip thereafter

10-CBEC/29.03.2012

 

1092

Port of Registration for Duty Credit Scrips

08-TN/27.03.2012

 

1093

Online Filing of Application for SCOMET Licence will be Mandatory from 1 July 2012

25-TN/29.03.2012

 

1094

Check List for Application of Advance Authorisation

09-TN/28.03.2012

 

1095

Clarification on Point of Taxation Rules

154-ST/28.03.2012

 

1096

CBEC Clarification for Clearance of Goods for Mega Power Projects

963-CBEC/29.03.2012

 

1097

Import of Filter Rods for Pharmaceutical Products of Chapter 30

27-Cus(NT)/28.03.2012

 

1098

Peak Excise Duty on Petroleum Products Lower to 14% from 14%+Rs. 15 per Litre

22-CE/30.03.2012

 

1099

14% CVD of Excise Applicable on Naphtha

21-CE/30.03.2012

 

1100

Anti-dumping Duty on Bias Tyres Extended upto 7 October 2012 for Sunset Review

Ntfn 17-ADD/30.03.2012

 

1101

Tariff Value of Poppy Seeds Up by US$414 MTs

30-Cus(NT)/30.03.2012

 

1102

Refrigerator – Local Value Add 40% and Substantial Transformation Must for Thai Preferential Duty

29-Cus(NT)/30.03.2012

 

1103

Audit Party Entry for CENVAT Check

22-CE(NT)/30.03.2012

 

1104

Export Period for Wheat Flour Quota Extended to 31 March 2013

110-Ntfn(RE)/31.03.2013

 

1105

Structural Components used as a Part of Boiler System Classifiable as Parts of Boiler under Heading 8402

964-CBEC/02.04.2012

 

1106

Ceiling Rates on Export Credit in Foreign Currency will Continue Till September 30, 2012

RBI/2011-12/480 - DBOD.DIR.No.91/04.02.001/2011-12 dated 30.03.2012

 

1107

Discounting of Bill under LCs by Urban Co-operative Banks

RBI/2011-12/476 UBD.BPD.(PCB). Cir.No. 29/13.05.000/ 2011-12 dated 30th March 2012

 

1108

No More GR Forms in Print w.e.f 1 July 2012, Online Option Available

98-RBI/30.03.2012

 

1109

Import Credit Ceiling Rate Continues at 350 bps Libor Plus for Another Six Months

100-RBI/30.03.2012

 

1110

Libor Plus Ceiling at 350 bps for ECB Extended for Six More Months

99-RBI/30.03.2012

 

1111

Overseas Investments by Resident Individuals Liberalised

97-RBI/28.03.2012

 

1112

RBI Liberalises Overseas Direct Investments by Indian Party

96-RBI/28.03.2012

 

1113

RBI Allows Indian Party to Open FC Account Abroad for Overseas Direct Investment

101-RBI/02.04.2012

 

1114

FIEO Asks for Liberalisation of Forex Forward Covers on Export Contracts

ABS News Service

 

1115

Rupee Falls by 48 paise against Dollar

NSE and RBI Website

 

1116

Ajit Singh Asks Airlines to Boycott EU Aviation Emission Rule

ABS News Service

 

1117

EU to Stop Non EU Countries from Govt Contracts Bids

ABS News Service

 

1118

Indonesia Closes Jakarta Port to Horticulture Imports

ABS News Service

 

1119

US Suspends Argentina from GSP on $298.4mn Investment Compensation Failure

ABS News Service

 

1120

US Appeals Origin Labelling at WTO

ABS News Service

 

1121

Canada, Japan to Begin Trade Talks

ABS News Service

 

1122

Obama Clears Way for Sanctions on Banks in Iran Oil Trade

ABS News Service

 

1123

Dollar Export Up by 4.28% in Feb 2012, 20.65% Gain in Import

Ministry of Commerce & Industry, PIB Press Release dated 2nd April 2012

 

1124

Union Finance Minister, Pranab Mukherjee and the World Bank Group President Hold Talks

ABS News Service

 

1125

Export and Import of Prohibited Items in Red List under Sch.VI of Hazardous Waste Rules, 2008 not Allowed under Sec.11 of CA 1962

31-Cus(NT)/04.04.2012

 

1126

WTO Debates Low Yuan, High Real

ABS News Service

 

1127

US Leads 11 Nation Charge on Argentina Import Controls at WTO, Mercosur Abstrains

ABS News Service

 

1128

EU, Vietnam to Launch FTA Talks after All ASEAN Stalls Move

ABS News Service

 

1129

Crude Rises but Coal, Gas and World Sugar Falls, Palm Oil Up

World Bank Pink Sheet

 

1130

Zero Duty Sugar Import Extended upto 1 July 2012

Ntfn 25/30.03.2012

 

1131

Anti-dumping Duty on Persulphates Extended for One More Year upto 18 March 2013 Pending Review

Ntfn 20-ADD/04.04.2012

 

1132

Another Five Years of Anti-dumping Duty on Non Fertiliser Grade Phosphoric Acid from Israel and Taiwan – Duty Slashed in Israel Cases

Ntfn 19-ADD/04.04.2012

 

1133

Provisional Anti-dumping Duty Notification on Non Fertiliser Grade Phosphoric Acid Rescinded

Ntfn 18-ADD/04.04.2012

 

1134

Corrigendum dated 30 March 2012 to 12-CE dated 17.03.2012

6% CVD of Excise on Paper Pulp Moulded Trays also

Corrigendum/30.03.2012

 

1135

RBI Allows Cat II Banks to Open Nostro Accounts to Issue Forex Pre-paid Cards to Residents Travelling Abroad

104-RBI/04.04.2012

 

1136

RBI Rationalises Reporting System on Gold Import

103-RBI/03.04.2012

 

1137

Immediate Return of Cash in Forex Smart Cards Allowed

102-RBI/02.04.2012

 

1138

M. K. Gupta Retired IRS Officer to Head for Common Excise and Service Tax Code Study Team

Ministry of Finance, PIB Press Release dated 9th April 2012

 

1139

New 2012 Edition of Consolidated FDI Policy Released

Press Release on ‘Circular 1 of 2012’ dated 10th April 2012

 

1140

DGAD Initiates Investigation on Cefadroxil Monohydrate Bulk Drug from EU on Complaint of Lupin Mumbai

F.No.14/8/2011-DGAD dated 22nd February 2012

 

1141

No Charge of 12% Service Tax on Air Tickets Issued before 1 April 2012

155-ST/09.04.2012

 

1142

Sanghamitra Panda to Chair Committee on Electronic Refund of Service Tax on Exports

156-ST/09.04.2012

 

1143

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 70.965327 w.e.f 13 March, 2012

105-RBI/10.04.2012

 

1144

World Bank Cuts China 2012 Export Growth to 8.2%

ABS News Service

 

1145

CBEC on Tax Evasion Check Spree

Ministry of Finance, PIB Press Release dated 10th April 2012

 

1146

All Govt. Payments above Rs. 25K Directly in Bank Account from 1 April

Ministry of Finance, PIB Press Release dated 10th April 2012

 

1147

DGAD Initiates Investigation on Electrical Insulators from China on Complaint of Four Indian Companies

F.No.14/6/2011-DGAD dated 9th April 2012

 

1148

CBEC Invites Feedback from Trade for Harmonisation of Service Tax and Central Excise Registration

F. No. 137/22/2012 – Service Tax dated March 2012

 

1149

Anti-dumping Duty on Vitamin A Palmitate from China and Switzerland Extended upto 27 March, 2013 after Review

Ntfn 21-ADD/12.04.2012

 

1150

Export Credit of US$150 mn to Ecowas

106-RBI/12.04.2012

 

1151

Kannur (Kerala) ICD Notified for Unloading and Loading Goods

32-Cus(NT)/11.04.2012

 

1152

Chidambaram Inaugurates Integrated Check Post (ICP) at Attari

Ministry of Home Affairs, PIB Press Release dated 13th April 2012

 

1153

Anand Sharma Inaugurates Lifestyle Pakistan 2012

Ministry of Commerce & Industry, PIB Press Release dated 12th April 2012

 

1154

Permission for Export of 19 Lakh Bales of Cotton

PIB (MoC&I) Press Release dated 12 April 2012

 

1155

India to Challenge Visa Fees at WTO

ABS News Service

 

1156

China Announces Anti-dumping Review Investigation on Nonyl Phenol from India and Taiwan

ABS News Service

 

1157

China Terminates Anti-dumping Measures against Bisphenol A from Japan, Korea, Singapore and Taiwan

ABS News Service

 

1158

China Starts Anti-dumping Investigation on TDI from EU

ABS News Service

 

1159

Anti-dumping Investigation by China against Resorcinol from Japan and US

ABS News Service

 

1160

Beijing Launches Rare Earth Group to Consolidate Industry

ABS News Service

 

1161

Lamy Names Panel to Identify 21st Century Trade Challenges

ABS News Service

 

1162

Brazilian President Cites Currency Concerns in White House Visit

ABS News Service

 

1163

France Wavers on EU Aviation Emissions Rule

ABS News Service

 

1164

US Requests Panel to Review EU Compliance in Airbus Case

ABS News Service

 

1165

Corrigendum dated 12 April 2012 to Ntfn 12/17.03.2012 – 6

Corrigendum/12.04.2012

 

1166

Corrigendum dated 13 April 2012 to 12/17.03.2012 – 7

Corrigendum/13.04.2012

 

1167

CBEC Invites Feedback for Revised Format for EST (Excise and Service Tax) Return to Synchronise Payment and Return Cycle

F.No.201/05/2011-CX.6 dated 13th April 2012

 

1168

Concor Declared Custodian of Nanepada Mulund Concor Warehouse for Export Goods

Mumbai Air Cargo Complex Notification No. 03 dated 9th April 2012

 

1169

India-Pak Commerce Ministers in Pow wow at Delhi

Ministry of Commerce & Industry, PIB Press Release dated 14th April 2012

 

1170

India Tops Export Growth in World Trade 2011

www.wto.org

 

1171

Changes in Tariff Value

Poppy Seeds Up by US$827/MT and Brass Scrap US$48/MT

Silver Up by US$19 per kg and Gold US$3 per 10 gram

33-Cus(NT)/16.04.2012

 

1172

Apple, Samsung Ordered Into Patent Settlement Conference

ABS News Service

 

1173

ITC(HS) 2012 Notified on 18 April, HS2012 Incorporated, Format and Layout Revised

111-Ntfn(RE)/18.04.2012

 

1174

Gold Import through Passenger slashed to 1 kg from 10 kg, Silver Down to 10 kg from 100 kg

Disparity between Imported Coal and Domestic Coal in DTA Sale on Electricity Sale from SEZ into DTA Removed, Both will Pay Uniform Duty of Rs. 30 per 1000 kwh

Ntfn 26/18.04.2012

 

1175

Variation of 1mn and 1% weight in Specs for Reimported Diamonds Allowed

Ntfn 27/18.04.2012

 

1176

CBEC Clarifies Disposal of Confiscated Goods, Follow E-Auction Route

11-CBEC/12.04.2012

 

1177

Area Based Exemption in J&K for 10 years from date of Production

965-CBEC/17.04.2012

 

1178

Amendments in Central Excise Rules 2002

23-CE(NT)/18.04.2012

 

1179

AD Cat-II Must Approach RBI for One Time Approval to Operate Nostro Accounts

109-RBI/18.04.2012

 

1180

Money Laundering and Terror Finance Rules for Sub-agents of MTSS also

108-RBI/17.04.2012

 

1181

Money Laundering and Terror Finance Rules for All Agents/Franchises

107-RBI/17.04.2012

 

1182

India Challenges US on Steel Duties

ABS News Service

 

1183

Jim Yong Kim Named New World Bank Chief

ABS News Service

 

1184

India Environment Minister Links EU Aviation Emissions Rule to UN Climate Talks

ABS News Service

 

1185

Department of IT (DIT) Renamed Department of Electronics & IT (DeitY)

ABS News Service

 

1186

DGAD Initiates Sunset Review Investigation on Vitamin A Palmitate from China and Switzerland

F.No. 15/7/2011-DGAD dated 23rd March 2012

 

1187

Rupee Loses Against All Currencies

38-Cus(NT)/26.04.2012

 

1188

DGFT Notifies 53 SEZ Port Codes

59-Pol.Cir/24.04.2012

 

1189

Wardha (Mah) ICD Notified for Unloading and Loading of Goods

35-Cus(NT)/23.04.2012

 

1190

Kalinganagar ICD in Orissa Notified for Unloading and Loading of Goods

34-Cus(NT)/20.04.2012

 

1191

RBI Allows ECB for Working Capital as Permissible End-Use for Civil Aviation Sector under Approval Route

113-RBI/24.04.2012

 

1192

Existing ECB Borrowers can Raise Fresh ECB at a Higher All-in-Cost under Approval Route

112-RBI/20.04.2012

 

1193

ECB Policy Liberalised in Power, Roads and Highways

111-RBI/20.04.2012

 

1194

Export Credit of US$15mn to Togo

110-RBI/20.04.2012

 

1195

Members of Global System of Trade Preferences Reaffirm their Strong Commitment to South-South Trade Cooperation

UNCTAD-XIII Press Release Doha, Qatar, 25 April 2012

 

1196

Innovation, Technology Hold Key to Resolving Major Challenges Facing Humanity, UNCTAD Secretary-General Says at Landmark Event

UNCTAD-XIII Press Release Doha, Qatar, 25 April 2012

 

1197

Panellists Stress need for ‘Determined Structural Change’ to Spark Inclusive Development in Agriculture-Dependent Countries

UNCTAD-XIII Press Release Doha, Qatar, 25 April 2012

 

1198

Indo-Japan CEPA Concessional Duty on 806 Items Slashed by 1-9%

Ntfn 28/27.04.2012

 

1199

Services Provided by APMC are Classifiable as Business Support Services, Service Tax is Exempted

Service Tax Leviable on ‘Mandi Shulk’ Collected by the APMC

157-ST/27.04.2012

 

1200

UNCTAD Meet Adopts “Doha Manar” Calling for Development through Trade

UNCTAD XIII Doha, Qatar Press Release dated 26 April 2012

 

1201

High-level Panel Discusses how International Trading System can Spur Inclusive Development

UNCTAD XIII Doha, Qatar Press Release dated 26 April 2012

 

1202

UNCTAD’S Message to Rio+20 Summit: Trade Critical for Sustainability

UNCTAD XIII Doha, Qatar Press Release dated 26 April 2012

 

1203

UNCTAD XIII Concludes with Mandate Affirming Organization’s Core Activities, Declaration of Member States’ Solidarity in Quest for “a Prosperous World”

Geneva – Press Release dated 26 April 2012

 

1204

World News

ABS News Service

 

1205

March 12 Dollar Export Fall by 5.7

Ministry of Commerce & Industry, PIB Press Release dated 1st May 2012

 

1206

VAT Declaration for 4% Spl CVD Exemption Date Extended by One Month, Measure will Apply from 1 June 2012 Now

Ntfn 29/30.04.2012

 

1207

Changes in Tariff Value

Brass Scrap Up by US$13/MT

Silver Down by US$40 per kg and Gold US$1 per 10 gm

39-Cus(NT)/30.04.2012

 

1208

Online Transmission of DES and EPCG Authorisation at Tondiarpet ICD from 8 May 2012 Mandatory

60-Pol.Cir/30.04.2012

 

1209

SION E-1A Renumbered as SION E-131 – No Change in the Description or Quantity

107-PN(RE)/30.04.2012

 

1210

SION E-129A Renumbered as SION E-130

106-PN(RE)/30.04.2012

 

1211

Micro / Mini SD Cards Classified in Sub-heading 8523.51 as Semiconductor Media

12-CBEC/01.05.2012

 

1212

No Revalidation of Exports will be Granted to RCs for both Cotton and Cotton Yarn

61-Pol.Cir/01.05.2012

 

1213

Casein and Casein Products Export Permitted under Licence

112-Ntfn(RE)/01.05.2012

 

1214

Another Five Years for Anti-dumping Duty on POY from China in Review

Ntfn 22-ADD/02.05.2012

 

1215

New DGFT Regional Office at Srinagar

108-PN(RE)/02.05.2012

 

1216

CBEC Assigns Functions of Officers under Customs Act, 1962

40-Cus(NT)/02.05.2012

 

1217

Three Ombudsmen Appointed for Customs, Excise and Service Tax Issues

Press Release/01.05.2012

 

1218

FPS and VKGUY Benefits for Items in Revised ITC(HS) Codes

109-PN(RE)/03.05.2012

 

1219

Export Credit of US$80mn to Burundi

114-RBI/02.05.2012

 

1220

DGFT Reopens Cotton Export with Contract Registration, Suspension of Old RCs Revoked

113-Ntfn(RE)/04.05.2012

 

1221

Quota Limits not to Apply on Cotton Exports by Cotton Corporation

114-Ntfn(RE)/04.05.2012

 

1222

RBI Frees Interest Rates on Export Credit in Foreign Currency w.e.f. 5 May, 2012

DBOD.DIR.No.100/04.02.001/2011-12 dated 4 May 2012

 

1223

LIBOR Plus Interest Rates on FCNR(B) Raised by 75bps to 175bps

DBOD.Dir.BC. 102/13.03.00/2011-12 dated 4 may 2012

 

1224

Duty Free Allowance for Children Raised to Rs. 15,000 from Rs. 6,000

37-Cus(NT)/23.04.2012

 

1225

Crude, Coal, Gas and Sugar Fall; Urea Up

World Bank

 

1226

Amendments in Customs and Excise Notifications Announced by FM in Reply to the Budget 2012 Debate

Following the reply to the Parliament by the Finance Minister on the Budget proposals, the Government has amended the notifications issued on 17 March 2012.

Customs Notification No. 30 to 32 dated 8th May 2012

Central Excise Notification No. 23 to 26 dated 8th May 2012

Central Excise Notification No. 25 (NT) dated 8th May 2012

 

1227

Onions Export Allowed without MEP for Two Months

116-Ntfn(RE)/08.05.2012

 

1228

CBEC Clarifies Parallel Imports are Ok and within the Law

13-CBEC/08.05.2012

 

1229

Email Procedure for Cotton RCs

01-TN/08.05.2012

 

1230

Payment Detail of LC or FIRC Must for Cotton RC Applications

02-TN/10.05.2012

 

1231

Another Five Years for Anti-dumping Duty on Viscose Filament Yarn from China

23-ADD/04.05.2012

 

1232

Shopping Lists for Indo-China Border Trade Enlarged

110-PN(RE)/07.05.2012

 

1233

EOUs Cannot Supply Marble in DTA under Para 6.9 of FTP

115-Ntfn(RE)/07.05.2012

 

1234

Service Tax Incidence on Date of Payment vs Date of Invoice

158-ST/08.05.2012

 

1235

PFY Gauntlet Bags SION Notified

111-PN(RE)/10.05.2012

 

1236

Fraudulent Emails on Bribes by Mumbai Customs

Mumbai Customs Public Notice

 

1237

RBI Permits NRIs Transfer Funds from NRO Accounts to NRE Accounts within Ceiling of US$1mn per Year

117-RBI/07.05.2012

 

1238

Limit for Forex Remittance for Miscellaneous Purposes Raised to US$25000 from US$5000 without Documentation including Form A-2

118-RBI/07.05.2012

 

1239

Borrowers should Provide Bifurcation of Utilization of ECB Proceeds for Rupee Expenditure in Form-83

119-RBI/07.05.2012

 

1240

Equity Shares Issue by Conversion of Imported Second-hand Machinery Investment Excluded under FDI under Government Route

120-RBI/08.05.2012

 

1241

FIPB Approval Required only for FDI Component for Foreign Investment in Commodity Exchanges

FDI Permitted only in ‘Financial Leases’ and not in ‘Operating Leases’

121-RBI/08.05.2012

 

1242

Risk Management and Inter Bank Dealings

122-RBI/09.05.2012

 

1243

RBI Decides to Fix Intraday Open Position Limit of the AD at Five Times the Net Overnight Open Position Limit

123-RBI/10.05.2012

 

1244

Exchange Earner's Foreign Currency (EEFC) Account

124-RBI/10.05.2012

 

1245

Export Credit of US$13mn to Mozambique for Financing of Solar Photo Voltaic Module Manufacturing Plant

125-RBI/10.05.2012

 

1246

India Set to Pass Thailand, Rival Vietnam as Top Rice Exporter

ABS News Service

 

1247

Electronic Multifunction Devices under MRP Based Assessment, Audio, Video Discs Removed from List

26-CE(NT)/10.05.2012

 

1248

Indo-Singapore FTA – Full Basic Customs Duty Exemption – HS 2007 Codes Replaced by New HS2012 Codes

Ntfn 33/14.05.2012

 

1249

Nil Duty under Indo-Singapore FTA –HS 2007 Codes Replaced by New HS2012 Codes

Ntfn 34/14.05.2012

 

1250

50 percent Duty of the Normal Duty under Indo-Singapore FTA - HS 2007 Codes Replaced by New HS2012 Codes

Ntfn 35/14.05.2012

 

1251

Sanitary Towels Import at 6.67% Duty under Indo-Singapore FTA

Ntfn 36/14.05.2012

 

1252

Haining Tianfu Wrap Knitting China and Manna Korea Notified under New Shippers Review in PVC Flex Provisional Assessment without Anti-dumping Duty Allowed

Ntfn 24-ADD/14.05.2012

 

1253

No Anti-dumping Duty on Chinese Curing Press for Bi-cycle Tyres

Ntfn 26-ADD/14.05.2012

 

1254

Another Five Years of Anti-dumping Duty on Dry Cell Batteries from China in Review

Ntfn 25-ADD/14.05.2012

 

1255

Sugar Export Authorisation by Sugar Directorate Dropped, only DGFT Registration Required

117-Ntfn(RE)/14.05.2012

 

1256

Sugar Contract Email Registration with DGFT Procedure – Advance Payment/LC Required

62-Pol.Cir/14.05.2012

 

1257

Betel Nut Import under Advance Authorisation – SION Tightened

112-PN(RE)/15.05.2012

 

1258

Changes in Tariff Value

Brass Scrap Up by US$64/MT

Silver Down by US$91 per kg and Gold US$34 per 10 grams

42-Cus(NT)/15.05.2012

 

1259

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 73.305676 from 26 April 2012

126-RBI/14.05.2012

 

1260

Punjab Introduced Compulsory Return for All Import and Export Consignments

Punjab Government Public Notice

 

1261

RBI Clarification on Foreign Investment in NBFC Sector under FDI

127-RBI/15.05.2012

 

1262

US Puts India, China, Pak on IPR ‘Priority Watch List’

ABS News Service

 

1263

Bayer Challenges India Compulsory License Ruling

ABS News Service

 

1264

EU, US Ink Mutual Recognition Customs Deal

ABS News Service

 

1265

Consensus Proves Difficult as Rio+20 Conference Approaches

ABS News Service

 

1266

Sugar Contract Email Registration with DGFT Procedure – Export Permitted on Cash Against Documents Basis Also

·      Validity of RC Raised to 60 Days from 30 Days

·     Quota Raised to 25,000 MT from 10,000 MT per RC

63-Pol.Cir/16.05.2012

 

1267

DGFT Notifies 58 SEZ Ports Codes for Online Filing Applications

64-Pol.Cir/16.05.2012

 

1268

Powers of Customs Officers in Cargo Handling

43-Cus(NT)/16.05.2012

 

1269

Capital Goods Sourced from SEZ Treated as ‘Imported Goods’ DGFT Clarification

65-Pol.Cir/18.05.2012

 

1270

Structural Components Used as Part of Boiler System Classifiable as Parts of Boiler under Heading 8402 and CENVAT Credit Admissible

966-CBEC/18.05.2012

 

1271

Anti-dumping Duty on Zinc Oxide from China Extended upto 6 May 2013

Ntfn 27-ADD/18.05.2012

 

1272

Dollar at 54.8845 at 12 Noon

nseindia.com

 

1273

Anti-dumping Duty on White Cement from UAE and Iran Extended upto 11 April 2013

Ntfn 28-ADD/21.05.2012

 

1274

Japanese Yen Exchange Rate Revised to 69.65 and 67.90 from 65.50 and 63.85 w.e.f. 22 May 2012

44-Cus(NT)/21.05.2012

 

1275

New Cuts in Open Position, F&O Limits for Banks

129-RBI/21.05.2012

 

1276

Forwards before 10 May to be Honoured in 50% Cut in EEFC Balance Circular

128-RBI/16.05.2012

 

1277

India Plays Catch-Up on Myanmar as China, S. Korea Rush In

ABS News Service

 

1278

FIEO Claims Rupee Depreciation Marginal for Export Growth, Outlook for Rupee Stable

FIEO Press Release dated 25th May 2012

 

1279

Dollar at 55.7253 at 12 Noon

nseindia.com

 

1280

Gold and Silver Jewellery Drawback Rates Hiked for Price

46-Cus(NT)/24.05.2012

 

1281

DGAD Initiates Investigation on Pentaerythritol from Saudi Arabia on Complaint by Kanoria Chemicals

F.No. 14/11/2011-DGAD dated 22nd May 2012

 

1282

Cotton Export to be Controlled on Actual Weight in Kg, with 170 kg Standard

03-TN/24.05.2012

 

1283

Dollar Exchange Rates Revised to Rs. 55.95 and Rs. 55.15 from Rs. 53.10 and Rs. 52.25 w.e.f. 25 May 2012

45-Cus(NT)/24.05.2012

 

1284

DGFT Clarifies that Areca Nut Restriction is to Limit Zero Duty Advance Authorisation Imports to Actual Users

Ministry of Commerce & Industry, PIB Press Release dated 25th May 2012

 

1285

Karaikal Seaport Notified for Export Promotion

Ntfn 37/24.05.2012

 

1286

Household Type Twin Door Refrigerators-Freezers at Zero Duty under Indo-Thai FTA

Customs Notification No. 38 dated 29th May 2012

 

1287

Safeguard Duty of 10% on Phthalic Anhydride for One Year under Final Findings

Customs Notification No. 03 (SG) dated 29th May 2012

 

1288

Provisional Safeguard Duty Notification on Phthalic Anhydride Rescinded

Customs Notification No. 02 (SG) dated 29th May 2012

 

1289

Anti-dumping Duty of US$110.72/MT Imposed on Aniline from EU for Five Years

Customs Notification No. 30 (ADD) 29th May 2012

 

1290

Taiwan Out of Acetone Anti-dumping Net after Review

Customs Notification No. 29 (ADD) dated 29th May 2012

 

1291

Dept of Revenue Notifies Service Tax (Settlement of Cases) Rules, 2012

Service Tax Notification No. 16 dated 29th May 2012

 

1292

Service Tax (Compounding of Offences) Rules, 2012 Notified

Service Tax Notification No. 17 dated 29th May 2012

 

1293

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 75.594562 per Rouble from 9 May 2012

A.P. (DIR Series) Circular No.130 dated May 25, 2012

 

1294

Maldives Pulses Quota of 73MTs Released

Notification No. 118 (RE-2010)/2009-2014 dated 30 May 2012

 

1295

Notifications Rescinded Following Adoption of Substitute Schedule Rate

Notification No. 27/2012- Central Excise dated 30 May 2012

 

1296

Changes in Tariff Value

·     Gold down by US$6, Silver Falls $21

·     Poppy Seeds UP by $216 and Brass Scrap Down by $92

Notification No. 47/2012 - Customs (N. T.) dated 31 May 2012

 

1297

Air Cargo Mumbai Launches 2 Months Drawback Clearance Drive

Public Notice No. 18/2012 dated 21 May 2012

 

1298

DGFT Notifies Nine More SEZ Port Codes

Policy Circular No. 66 (RE-2010) /2009-14 Dated 31ST May, 2012

 

1299

ID Communication in Online Reporting of ODI

A.P. (DIR Series) Circular No.131 dated 31 May 2012

 

1300

Rupee Declines toward a Record Low on Weakening Economic Outlook

India Trade Notes-01.06.2012

 

1301

More Rupee Crashes in future as FDI Inflows Stall

India Trade Notes-01.06.2012

 

1302

Daewoo Washing Machines Slapped with 71 percent Anti-subsidy Duty in US

India Trade Notes – 01.06.2012

 

1303

National Telecom Policy-2012 and Unified Licensing Regime

Source: PIB Press Release dated 31 May 2012

 

1304

Anand Sharma Releases New Foreign Trade Policy 2012-13

Reward Scrips can be Used to Pay Excise Duty

Highlights of Annual Supplement to FTP 2012-13.htm

Speech by Indian Commerce Minister at the Release of Annual Supplement to FTP 2009-14 on 5 June 2012.htm

Foreign Trade Policy 2009-2014 w.e.f 5 June 2012

Handbook of Procedures 2009-2014 (Vol.1) w.e.f 5 June 2012

http://dgft.gov.in

 

1305

Anand Sharma in Trade Policy Beautification Drive-Arun Goyal

India Trade Notes - Arun Goyal/6 June 2012

 

1306

DGFT Introduces e-BRC System

DGFT Public Notice No. 02 (RE-2012) / 2009-14 dated 5 June 2012

 

1307

New Products under FPS, VKGUY and Focus Market

DGFT Public Notice No. 3 (RE2012)/2009-14 Dated: 5th June, 2012

 

1308

Annual Supplement FTP 2009-2014 of 5 June 2012–Policy.htm

DGFT Notification No. 1 (RE-2012)/ 2009-2014 dated 5 June 2012

 

1309

Annual Supplement to FTP 2009-2014 of 5 June 2012–Procedure.htm

DGFT Public Notice No. 1 (RE-2012)/ 2009-2014 dated 5 June 2012

 

1310

Provisional Antidumping Duty Imposed on Digital Offset Printing Plates from China and Japan

Customs Notification No. 31/2012-Customs (ADD) dated 4 June 2012

 

1311

Enactment of Finance Act 2012 Changes in Service Tax – Effective from 1 June 2012

18-23-Service Tax Notification 1&5 June 2012

 

1312

Customs Introduces Seven More Currencies for Invoicing and Direct Conversion of Imports and Exports Value

Notification No.49/2012-Customs (N.T.) dated 7 June 2012

 

1313

Tariff Value of Gold Up by $30 per 10 grams

No. 48/2012-Customs (N. T.) dated 7th of June, 2012

 

1314

DG Safeguards Initiates Investigation on Electrical Insulators from China, Same Application filed for Anti-dumping Protection

F.No. D-22011/14/2011 dated 30th May 2012

 

1315

DG Safeguards Initiates Investigation on Dioctyl Phthalate Imports on Complaint of KLJ Plasticizers Plus Three

F.No. D-22011/ 13/2011 dated 23 May 2012

 

1316

Provisional Antidumping Duty Imposed on Plain Gypsum Plaster Board from China, Indonesia, Thai and UAE

Notification No. 32/2012-Customs (ADD) dated 7 June 2012

 

1317

CBEC Asks Field Formation to Defy Delhi High court Order to Clear LG Mobile consignments

CBEC Instruction F. No. 26000/1/2012-OSD(ICD) Dated 27th March, 2012

 

1318

New Works Contract Valuation Rules for Service Tax

Notification No. 24/2012 - Service Tax dated 6 June 2012

 

1319

DGFT Focuses on SMP Exports – Free Exports and Grants 5% VKGUY

DGFT Notification No 2 (RE – 2012)/2009-2014 dated 8 June 2012

 

 

 

DGFT Public Notice No. 4 (RE-2012)/2009-14 Dated 8 June, 2012

 

1320

World Bank May 2012 Commodity Prices

Worldbank.org

 

1321

Readymade Garments, Carpets, Shoes and Local Herbal Medicines Allowed at Zero Duty in Border Trade with China at Gunji

Notification No. 41 /2012-Customs dated 14th June, 2012

 

1322

Zero Duty concession to Goods Imported for the Manufacture of Man-made Made Ups Allowed

Notification No. 39/2012-Customs dated 12 June 2012

 

1323

Rail cum Road Vehicles are Road Vehicles Classifiable in Chapter 87

CBEC Circular No.14 / 2012 – Customs dated 11 June 2012

 

1324

Step Up Post Clearance Audit on Imports, says CBEC

CBEC Circular No.15/2012-Customs dated 13 June 2012

 

1325

Exemptions on BE and IGM Procedure for Ships

CBEC Circular No. 16 /2012-Customs dated 13 June 2012

 

1326

Customs Procedure for ATA Carnet Exhibition Goods

Public Notice No. 19 /2012 dated 7 June 2012

 

1316

World Trade Picks Up by 5 percent in Q1

www.wto.org

 

1327

India Exempted from Iran Oil Sanctions Following Compliance

India Trade Notes/16.06.2012

 

1328

Farm Bill Debate Kicks Off in US Senate

India Trade Notes/16.06.2012

 

1329

Russian Accession to WTO Forces Rethink on US Human Rights Approach

India Trade Notes/16.06.2012

 

1330

Political Wrangling Continues as Australian Carbon Tax Prepares to Take Effect

India Trade Notes/16.06.2012

 

1331

Counterfeit, Trademarks, and Copyright Top the Agenda at TRIPS Council

India Trade Notes/16.06.2012

 

1332

Nokia to Cut 10000 Jobs as Elop Tries to Stanch Losses

India Trade Notes/16.06.2012

 

1333

Commerce Ministry Notifies Safeguard QR Rules

Notification No. GSR 381(E), Dated 24-5-2012

 

1334

Corrigendum dated 15 June 2012 to 24-ADD dated 14 May 2012 – Spelling Mistake Correction

Corrigendum/15.06.2012

 

1335

Shea Stearine Norm for Activated Bleaching Earth of Shea Amended

05-PN(RE)/14.06.2012

 

1336

Tondiarpet (TNPM) ICD in Chennai Notified for Export Promotion

Ntfn 40/14.06.2012

 

1337

G-20 Meet Focus on Spain

ABS News Service

 

1338

Service Received in SEZ for Authorised Operations Exempted

40-ST/20.06.2012

 

1339

Exemption on Input Services for Service Exports

39-ST/20.06.2012

 

1340

Amendment in Works Contract

38-ST/20.06.2012

 

1341

Point of Taxation (Amendment) Rules, 2012

37-ST/20.06.2012

 

1342

Service Tax Rules Amended for New Definitions

36-ST/20.06.2012

 

1343

Rescinding of 32/2007 ST

35-ST/20.06.2012

 

1344

Rescinding of 81 Old Service Tax Notification

34-ST/20.06.2012

 

1345

Service Tax Exemption on Service Turnover of Rs. 10 Lakhs per Year

33-ST/20.06.2012

 

1346

Service Tax Exemption to Tech Park Services

32-ST/20.06.2012

 

1347

Service Tax Exemption on Freight Goods on Way to Port

31-ST/20.06.2012

 

1348

39 Services Exempted from Tax

25-ST/20.06.2012

 

1349

Effective Service Value for Tax Calculation

26-ST/20.06.2012

 

1350

Service Tax Exempted on Services Rendered to Foreign Diplomatic Mission or Consular Post in India

27-ST/20.06.2012

 

1351

Place of Provision of Services Rules 2012 Come into Effect from 1 July 2012

28-ST/20.06.2012

 

1352

Service Tax Calculation on Immovable Property

29-ST/20.06.2012

 

1353

Service Tax Payment Liability on Recipient of Service

30-ST/20.06.2012

 

1354

FM Releases Guidance Paper on Service Tax: New Approach Intended to Take Country and Economy a Step Closer to GST

Ministry of Finance, PIB Press Release dated 20th June 2012

 

1355

Appendices and Aayat Niryat Forms of DGFT Handbook of Procedures Notified

06-PN(RE)/20.06.2012

 

1356

Anti-Evasion Unit of Kolkata Excise Commissionerates Claims to nab Service Tax Evasion of Rs. 10 Lakhs by Singh Associates, Kolkata

Anit-Evasion Unit: Kolkata-I Commissionerate incident Report No. 02 dated 19th June 2012

 

1357

Another Five Years of Anti-dumping Duty on Pentaerythritol from EU – No Change in Duties

Ntfn 33-ADD/20.06.2012

 

1358

DGFT lays out e-BRC Data Uploading Procedure for Banks, Exporters and Regional Authorities

01-Pol.Cir/18.06.2012

 

1359

Guar Gum Drawback of 1% Withdrawn

51-Cus(NT)/15.06.2012

 

1360

Cenvat Credit Refund Procedures

27-CE(NT)/18.06.2012

 

1361

No Service Tax Leviable on CAG Audit Fees

159-ST/19.06.2012

 

1362

Changes in Tariff Value

Poppy Seeds Up by $1715/MT; Brass Scrap Down by $157/MT

Silver Up by $39 per kg and Gold Down by $7 per 10 gms

50-Cus(NT)/15.06.2012

 

1363

Rupee Rate for Customs Valuation Crashes to Rs. 56.35 on Imports w.e.f. 22 June

52-Cus(NT)/22.06.2012

 

1364

Cenvat Credit Rules, 2004 Amended for Services Trade

28-CE(NT)/20.06.2012

 

1365

Number of Remittances Raised to 30 under Money Transfer Service

132-RBI/08.06.2012

 

1366

New Format of FDI Annual Return & RBI by 15 July Every Year

133-RBI/20.06.2012

 

1367

Turkey Cotton Yarn Safeguard Against India Settled, Action to Lapse After One Year

ABS News Service

 

1368

China Loses “Buy American” Steel Subsidy Case at WTO

ABS News Service

 

1369

China on the Mat Over State Control, Subsidies, Export Restrictions and IPRs in WTO TPR

ABS News Service

 

1370

Debate on Third Country Yarn and Fabric US GSP to Africa

ABS News Service

 

1371

World Leaders Except India, China Boycott Rio+20 UNCSD Meet

ABS News Service

 

1372

China Starts Review of Anti-dumping Duty on Sulfamethozazole from India on Request for Extension by Local Industry

ABS News Service

 

1373

CBEC Amends Customs Notifications in Deemed Exports and EPCG to Align them with FTP

Ntfn 42/22.06.2012

 

1374

Manufacturer Exporters Allowed to Avail of ECBs for Repayment of Rupee Loans

134-RBI/25.06.2012

 

1375

FII Limits for Infrastructure and Govt. Securities Enhanced to $20bn

135-RBI/25.06.2012

 

1376

Crude Falls but Rupee Value Steady

Ministry of Petroleum & Natural Gas, PIB Press Release dated 25.06.2012

 

1377

Section 28AAA Word Inserted in the Notification 44-Cus(NT)/06.07.2011 and 40-Cus(NT)/02.05.2012 to Nominate Officers to Recover Duty on Licence Fraud

53-Cus(NT)/21.06.2012

 

1378

Commissioner Customs at Kolkata to Adjudicate DRI Case of Eastern Silk Industries

F.No. 437/32/2012-Cus. IV dated 26th June 2012

 

1379

North Eastern Region Exports and Sikkim Entitled for Additional 1% VKGUY and FPS Scrip

07-PN(RE)/26.06.2012

 

1380

RBI Revises Form-83 for Loan Registration Number for ECB w.e.f. 1 July 2012

136-RBI/26.06.2012

 

1381

Concerns Raised over Trade Measures by the EU, Argentina and Indonesia

ABS News Service

 

1382

Bank Guarantee Allowed as Substitute for Fixed Deposit for Mega Power Project Import at Concessional Duty of Customs and Excise

Ntfn 43/27.06.2012; 28-CE/27.06.2012

 

1383

Exim Bank Open $50mn on Zambia Credit

138-RBI/28.06.2012

 

1384

FEMA Updates Sectoral FDI Policy for DIPP Sectoral Policy

137-RBI/28.06.2012

 

1385

No Service Tax on Transportation of Passengers in First Class or an Air Conditioned Coach and also Transportation of Goods by Indian Railways Till 30 Sept. 2012

43-ST/02.07.2012

 

1386

Service Tax Exemption on Commission Agents of Exporters Set at 10% of Export Value

42-ST/29.06.2012

 

1387

Service Tax Rates for Rebate on Exports Released

41-ST/29.06.2012

 

1388

Service Tax Clarification – Sec 66 of FA 1994 to Cover Sec 66B

Service Tax Order No. 02 dated 29th June 2012

 

1389

Export of Handmade Woolen Carpets, Handicraft and Silk Items under DA Basis Banned Except against ECGC Cover or BG

05-Ntfn(RE)/02.07.2012

 

1390

India Extends Ban on Milk and Milk Products from China Till 23.06.2013

04-Ntfn(RE)/02.07.2012

 

1391

MEP on Onion Export Lifted

03-Ntfn(RE)/29.06.2012

 

1392

Commissioner Customs at Mumbai to Adjudicate DRI Case of Sun Tan Trading

CBEC Order – F.No. 437/15/2012-Cus.IV dated 28th June 2012

 

1393

Correction in Place of CC(Preventive)

54-Cus(NT)/29.06.2012

 

1394

Changes in Tariff Value

Brass Scrap Down by $17/MT: Poppy Seeds Steady

Silver Down by $67 per kg and Gold $17 per 10 gms

55-Cus(NT)/29.06.2012

 

1395

Corrigendum dated 28 June 2012 to 15-Cus(NT)/07.03.2012

Corrigendum dated 28th June 2012

 

1396

Seizure of 65 Kgs Illicit Opium in Neemuch by Central Bureau of Narcotics

F.No. XV(7)4/Prev/2012 dated 29th June 2012

 

1397

Dollar Values of Export and Import Fall in May

Ministry of Commerce & Industry, PIB Press Release dated 2nd July 2012

 

1398

WTO Panel on US Complaint against India for Avian Fowl Restrictions on Chicken Import

ABS News Service

 

1399

EU Body Rejects Counterfeiting Pact

ABS News Service

 

1400

US Senate Passes Farm Bill

ABS News Service

 

1401

US to Slap Sanctions on Russia on Human Rights Violation

ABS News Service

 

1402

US, EU in Pow Wow on Trade

ABS News Service

 

1403

US-Iran Spar in Trade War- False Flags, Weak Sanctions

ABS News Service

 

1404

Soda Ash Anti-dumping Duty from China, EU, Kenya, Iran, Pak, Ukraine and USA – Final Findings

34-ADD/03.07.2012

 

1405

Rupee Rate for Customs Valuation Rises to Rs. 54.90 on Imports w.e.f. 6 July

56-Cus(NT)/05.07.2012

 

1406

DGFT Allows Raw Sugar Export of 4,476 MTs to USA GSP under TRQ

09-PN(RE)/06.07.2012

 

1407

DGFT Allowed Time till Mid-August to Banks for Transition from Physical BRC to ‘e-BRC’

08-PN(RE)/06.07.2012

 

1408

MEP Dropped on Basmati Export

06-Ntfn(RE)/04.07.2012

 

1409

Point of Taxation Rules - Clarification

162-ST/06.07.2012

 

1410

Accounting Code for Payment of Service Tax under the Negative List Approach w.e.f. 1 July 2012

161-ST/06.07.2012

 

1411

Education Cess Ambiguity Clarified, FA 1994 Provision will Continue to Apply

160-ST/29.06.2012

 

1412

Motor Cars, SUVs and MUVs not Allowed Against SFIS Scrips

18-CBEC/05.07.2012

 

1413

Customs to Continue Verification of Reward Scrips, EDI not Operational

17-CBEC/05.07.2012

 

1414

TRU Service Tax Issues Guidelines on Service Tax Provisions

D.O.F.No.334/1/2012-TRU dated 29th June 2012

 

1415

Rupee Value under Indo-USSR Deferred Protocol Revised to Rs. 78.193501 per Rouble from 26 June 2012

02-RBI/06.07.2012

 

1416

Buyback of FCCBs Minimum Discount of 5% on the Accreted Value to Continue

01-RBI/05.07.2012

 

1417

Benchmarks for LDC Accession to WTO

ABS News Service

 

1418

European Parliament Rejects Anti-Counterfeiting Pact, Says TRIPS is Adequate

ABS News Service

 

1419

WTO Appellate Body Holds US Origin Label Illegal

ABS News Service

 

1420

Paraguay out of Mercosur, Venezuela at the Door

ABS News Service

 

1421

Switzerland is Innovation Topper

ABS News Service

 

1422

Zoellick Calls for Quick Trade Facilitation Deal

ABS News Service

 

1423

Foshan Qiangbiao and Foshan Sanshui Ceramics Seek Exemption in Vitrified Porcelain Tiles Anti-dumping Review, PA Granted

35-ADD/10.07.2012

 

1424

CBEC Classification on Mouse Pads – Mouse Pads are Neither Parts Nor Accessories of Computer Mouse of Heading 8471, it is Classifiable According the their Constituent Material

19-CBEC/11.07.2012

 

1425

Bar Coding on Drugs and Pharma Export Postponed by 6 Months

10-PN(RE)/11.07.2012

 

1426

CBEC Amends Customs Notifications in FPS/FMS/VKGUY and Status Holders Incentive Scrip to Align them with FTP

Ntfn 44/09.07.2012

 

1427

CBEC Allows Debit of Excise Duty Against FMS Duty Credit Scrip

30-CE/09.07.2012

 

1428

Debit of Excise Duty on Cold Chain Goods Against AIIS Duty Credit Scrip to Status Holders

31-CE/09.07.2012

 

1429

Excise Duty Debit against VKGUY Duty Credit Scrip

32-CE/09.07.2012

 

1430

Excise Duty Debit on Capital Goods against SHIS Duty Credit Scrip for Status Holders

33-CE/09.07.2012

 

1431

No Service Tax on Inward Remittance of Foreign Currency

163-ST/10.07.2012

 

1432

Service Tax Corrigendum dated 11 July 2012 to 42-ST dated 29.06.2012

Corrigendum dated 11 July 2012

 

1433

Service Tax Corrigendum dated 2 July 2012 to 36-ST dated 20.06.2012

Corrigendum dated 2 July 2012

 

1434

RBI Allows Switching of One Year Plus Currency Contracts between Banks

03-RBI/11.07.2012

 

1435

CBEC Seeks Suggestions on Proposed Amendments in the CESTAT Forms

Draft Cir./04.07.2012

 

1436

Cabinet Clears Rs. 10K Crores Electronics Manufacturing Subsidy

Ministry of Communications & Information Technology, PIB Press Release dated 12.07.2012

 

1437

Excise Duty Debit against FPS Duty Credit Scrip

29-CE/09.07.2012

 

1438

World Commodities Crash

World Bank

 

1439

Asean Fails to Reach Accord on South China Sea Disputes

ABS News Service

 

1440

U.S. Sanctions Iranian Tankers to Tighten Oil Noose

ABS News Service

 

1441

United Seeks Fuel Savings with $14.7 Billion Boeing Order

ABS News Service

 

1442

India Industrial-Output Growth Rebounds from Earlier Contraction

ABS News Service

 

1443

EU’s New Crisis Model Gives Spain More Time for Cuts

ABS News Service

 

1444

China Blocks EU, US, Japan Request for WTO Dispute Panel on Rare Earths

ABS News Service

 

1445

US, China Spar on Automobile Duties; Mexico-Argentina Car Deal Suspended

ABS News Service

 

1446

Services Liberalisation Talks Among Group of WTO Members to Enter “New Phase

ABS News Service

 

1447

Russian Duma Ratifies WTO Accession Accord

ABS News Service

 

1448

Trans-Pacific Talks Push Forward in San Diego

ABS News Service

 

1449

Farm Bill Discussions Kick Off in US House of Representatives

ABS News Service

 

1450

Slower Foreign Investment Growth Expected in 2012: UNCTAD Reports

ABS News Service

 

1451

Sugar Zero Duty Goes, 10% Duty from 13 July

Flat Rolled Alloy Steel Duty Hiked to 7.5% from 5%

Ntfn 45/13.07.2012

 

1452

Changes in Tariff Value, Gold and Silver Steady

58-Cus(NT)/13.07.2012

 

1453

Rupee Value under Indo-USSR Deferred Payment Protocol Raised to Rs. 75.816175 w.e.f. 6 July 2012

06-RBI/13.07.2012

 

1454

RBI Revises A-2 Form for Sending Remittances Abroad and List of Purpose Codes

05-RBI/12.07.2012

 

1455

Only Soft Single Return for NR Deposits

04-RBI/12.07.2012

 

1456

NEFT to Charge Rs. 5 for Transfers upto Rs. 1 Lakh

RBI Circular/13.07.2012

 

1457

Asean Splits between US and China over South China Sea

ABS News Service

 

1458

World Exports of Commercial Services Up by 3% in the First Quarter of 2012

ABS News Service

 

1459

Obama Slaps Sanctions on Iran Tanker Co

ABS News Service

 

1460

Oil Trades Near Seven-Week High on Iran, Stockpiles

ABS News Service

 

1461

Rupee Rate for Customs Valuation Rises to Rs. 55.50 on Imports w.e.f. 20 July

61-Cus(NT)/19.07.2012

 

1462

Anti-dumping Duty on Acetone from EU, USA, South Africa and Singapore Extended upto 18 June 2013 After a Review

37-ADD/19.07.2012

 

1463

Anti-dumping Duty Imposed on Grinding Media Balls from China and Taiwan on 16 July, 2012

36-ADD/16.07.2012

 

1464

Anti-dumping Investigation on Sodium Perchlorate from China on Sole Manufacturer Complaint

F.No. 14/10/2012-DGAD dated 27th June 2012

 

1465

Meta Phenylene Diamine from China under Anti-dumping Investigation on Complaint of Aarti Industry Mumbai, Sole Manufacturer

F.No.14/4/2012-DGAD dated 19th June 2012

 

1466

Jindal Files for Safeguard Duty on Stainless Steel HR Flats

F.No. D-22011/06/2012 dated 26th June 2012

 

1467

India Defreezes Tariff Value of Refined Palm Oil, Duty on Market Value to Raise Price

Cabinet Committee on Economic Affairs, PIB Press Release dated 20th July 2012

 

1468

Apple, Google’s Motorola Unit Each Appeal Patent Rulings

ABS News Service

 

1469

China Retaliates with Anti-dumping Action on US Polysilicon

ABS News Service

 

1470

Amendments in ITC (HS) 2012 Import Schedule to Incorporate Finance Bill, 2012 Changes

07-Ntfn(RE)/23.07.2012

 

1471

Delay in Tourist Vehicle Registration under EPCG to be Regularised

02-Pol.Cir/19.07.2012

 

1472

Resident Foreign Currency Accounts (RFCA) can Retain 100 percent of Foreign Earning in EEFC Account

08-RBI/18.07.2012

 

1473

QFIs Investment in Corporate Debt

07-RBI/16.07.2012

 

1474

Amendments in EPCG Scheme Provisions

·      Catalyst Import under EPCG Curtailed

·     Post Export EPCG Duty Payment Only in Cash

08-Ntfn(RE)/26.07.2012

 

1475

CBEC Clarifications on FTP Changes Issued on 5 June 2012

20-CBEC/27.07.2012

 

1476

Amendments in Handbook of Procedures

·      Reward Scrips Validity Cut to 18 months from 24 months

·      Declaration of Reward Scrip Benefit under Chapter 3 of FTP Must for Claiming Incentives

·      Retrospective Declaration Possible for One Month only in Case of Policy Change

·     Excess Imports under EPCG upto 10% of Duty Saved Amount of Authorization Allowed

12-PN(RE)/26.07.2012

 

1477

FISME Branches at Bangaluru and Hyderabad Authorised for Issuing Certificate of Origin (Non Preferential)

11-PN(RE)/26.07.2012

 

1478

Procedure for Revoking Courier Registration under Regulation 13 of Courier Imports and Exports

65-Cus(NT)/26.07.2012

 

1479

Export Credit of US$47mn to Ethiopia

10-RBI/24.07.2012

 

1480

Export Credit of US$250mn to Nepal

09-RBI/24.07.2012

 

1481

CBEC Releases Postage Stamp to Celebrate 50 years of Customs Act

Ministry of Finance, PIB Press Release dated 26th July 2012

 

1482

The Price of 154 Drug Formulations Revised by NPPA

Ministry of Chemicals and Fertilizers, PIB Press Release dated 24 July 2012

 

1483

Oil Rises again, Euro will Survive

ABS News Service

 

1484

China Exports Fall by 20-30 percent

ABS News Service

 

1485

China Floods Steel Market

ABS News Service

 

1486

DGAD Initiates Investigation on 4, 4 Diamini Stilbene 2, 2 Disulphonic Acid (DASDA) from China on Complaint of Major Producer Deepak Nitrite

F.No. 14/1/2012-DGAD dated 26th July 2012

 

1487

DG Safeguards Slaps Stiff 30% Duty on Carbon Black from China

GSRD-2011/12/2011 dated 31st July 2012

 

1488

General Note for Fuel in Handbook of Procedures Amended to Harmonise with SION Entry C-593

13-PN(RE)/30.07.2012

 

1489

CBEC Asks Customs to give Wide Meaning to “Sports Goods” for Duty Free Import for National or International Matches

21-CBEC/01.08.2012

 

1490

Rupee Rate for Customs Valuation Falls to Rs. 55.85 on Imports w.e.f. 2 August

67-Cus(NT)/01.08.2012

 

1491

RBD Palmolein Tariff Value Up by US$569/MT

Tariff Value on Gold and Silver Hiked

66-Cus(NT)/31.07.2012

 

1492

Draft Service Tax Circular on Staff Benefits and Employment Transactions

Service Tax Draft Circular dated 27th July 2012

 

1493

FDI from Pakistan Allowed under Government Route

PIB Press Note (Ministry of Commerce & Industry) dated 1st August 2012

 

1494

No Reckoning of Downstream Investment by FDI Banking Co.

PIB Press Note (Ministry of Commerce & Industry) dated 1st August 2012

 

1495

India Signs Tax Information Exchange Agreement with Monaco

PIB Press Release (Ministry of Finance) dated 1st August 2012

 

1496

MOEF Rebuts Claim of Environment Hurdles Blocking Projects

PIB Press Release dated (Ministry of Environment and Forests) 1st August 2012

 

1497

Iran Loses $133mn a Day on Embargo as Oil Buoys Obama

ABS News Service

 

1498

GoI Offers Sovereign Guarantee to Iran Oil Insurers

ABS News Service

 

1499

Parveen Mahajan Takes over as Acting Chairman of CBEC, S.K. Goel Retires

Message from S.K. Goel at Retirement

 

1500

Consumer Packs of Branded Oil Export Prohibited, 10,000 tons Window Closed

09-Ntfn(RE/01.08.2012

 

1501

RBI Allows Exporters to Cancel and Rebook Forex Forward Contract to the Extent of 25 percent of Contracts for Hedging Contracted Export Exposures

13-RBI /31.07.2012

 

1502

RBI Gives Respite to EEFC Accounts, Full Credit Allowed subject to Rupee Conversion in One Month

12-RBI /31.07.2012

 

1503

No Going Back on Compounding Procedure in Forex Violation, says RBI

11-RBI /31.07.2012

 

1504

Anti-dumping Duty on Hexamine from Russia and Saudi Arabia Extended upto 24 July 2013 for Review

38-ADD/06.08.2012

 

1505

24x7 Customs Clearance Operations Limited Bases on Major ACCs and Seaports

22-CBEC/07.08.2012

 

1506

Service Tax Exempted on Slaughtering of All Animals

44-ST/07.08.2012

 

1507

Service Tax Applicable on Security Services

45-ST/07.08.2012

 

1508

Amendments in Service Tax Rules 1994

46-ST/07.08.2012

 

1509

FIEO President for Continuation of Open Imports of Capital Goods Inspite of Domestic Loss Pressure

FIEO Press Release dated 9th August 2012

 

1510

24X7 Customs Operation a great help to Exporters: FIEO

FIEO Press Release dated 8th August 2012

 

1511

Commodity Prices Rebound in July

World Bank

 

1512

Additional Raw Materials of PP/LLDPE Granules, PE Liner and Packing Materials for Flexible Intermediate Bulk Containers SION

14-PN(RE)/09.08.2012

 

1513

Export Credit of US$40.32mn to Chad

14-RBI/13.08.2012

 

1514

Pak in Barter Deal with Iran, Offers $300 per tonne Wheat for Urea

ABS News Service

 

1515

Iran Loses $100mn a Day as US Sanctions Hit Exports

ABS News Service

 

1516

Oil Advances on U.S. Economic Outlook

ABS News Service

 

1517

Iraq Pushes Oil Production Pact Iran and Kuwait

ABS News Service

 

1518

Daya Shankar Dies of Blood Cancer in Melbourne

ABS News Service

 

1519

Vanuatu in South Pacific to Joint WTO on 24 August

ABS News Service

 

1520

Indonesia Challenges EU on Edible Oil at WTO

ABS News Service

 

1521

Next WTO Ministerial in Bali in December 2013

ABS News Service

 

1522

Dollar Rises as Global Slump Spurs Safety Demand

ABS News Service

 

1523

NAM Summit in Tehran August 26 - 31

ABS News Service

 

1524

Russia says United States Resorting to "Overt Blackmail"

ABS News Service

 

1525

All Fertilisers Including Urea, DAP Slapped 1% CVD

Local Manufacture Exempt, Measure Violates WTO and also CTA, 1975

Ntfn 46/17.08.2012

 

1526

Praveen Mahajan Appointed as Chairperson of CBEC

ABS News Service

 

1527

Areca Nuts Minimum Import Price Enhanced to Rs. 75/- from Rs. 35/-

10-Ntfn(RE)/14.08.2012

 

1528

Rupee Rate for Customs Valuation Falls to Rs. 55.95 on Imports w.e.f. 17 August 2012

75-Cus(NT)/16.08.2012

 

1529

RBD Palmolein Tariff Value Down by US$31/MT

Tariff Value on Gold and Silver Up Marginally

74-Cus(NT)/14.08.2012

 

1530

Checklist for Application of Advance Authorisation

07-TN/26.07.2012

 

1531

Checklist for Application of DFIA

08-TN/26.07.2012

 

1532

Check List for Modification of Details in Existing IEC Number (Proprietorship Firm)

09-TN/26.07.2012

 

1533

Check List for Modification of Details in Existing IEC Number (Companies)

10-TN/26.07.2012

 

1534

Check List for Modification of Details in Existing IEC Number

11-TN/26.07.2012

 

1535

Check List for Modification of Details in Existing IEC Number (Partnership Firm)

12-TN/26.07.2012

 

1536

India Cuts Pak Sensitive List by 30%, Tariff to Fall to 5% in 3 years

PIB (MoC&I) Press Release dated 18 August 2012

 

1537

Quota Raised to 6 lakh tonnes in Marble Policy 2012-13

12-Ntfn(RE)/22.08.2012

 

1538

Five More Laboratories Notified for Certification/Grading of Diamonds of 0.25 Carats and Above

11-Ntfn(RE)/22.08.2012

 

1539

Delhi Ombudsman Starts Functioning from Chanakyapuri Residence, Complaints only After Grievance Procedure Fails

Indirect Tax Ombudsman Public Notice No. 01 dated 21st August 2012

 

1540

Russia Joins WTO, Binds Tariffs at 7.8%

ABS News Service

 

1541

Ban to Attend Tehran NAM Summit – India and Egypt PMs to Join in

ABS News Service

 

1542

Zero Duty on Oil Cake/Oil Cake Meal Import upto 1 April 2013

Ntfn 47/21.08.2012

 

1543

Corrigendum dated 24 August 2012 to Ntfn 47 dated 21.08.2012

Corrigendum dated 24 August 2012

 

1544

Five Percent Weight Fall in Sugar Exports Allowed for Contract Registration

03-Pol.Cir/23.08.2012

 

1545

Anti-dumping Duty on Nonyl Phenol Extended upto 21 August 2013 in Review

39-ADD/24.08.2012

 

1546

Board Instructions for Early Investigation for Disposal of Unclaimed Motor Cars and Negative List Goods under Sec. 48 of CA, 1962

[Ref: F.No.442/12/2004-Cus.IV (Pt.) dated 28th August 2012]

 

1547

Vocational Education Course (VEC) Excluded from Service Tax

164-ST/28.08.2012

 

1548

RBI Renews Money Laundering Instructions

17-RBI/23.08.2012

 

1549

FATF Advisory dated 22 June 2012

18-RBI-23.08.2012

 

1550

RBI Allows Pak Citizens to Purchase Shares under FDI with Prior Approval from FIPB

16-RBI/22.08.2012

 

1551

RBI Inserts Clause on Annual Performance Report Clause in Overseas Direct Investment Form

15-RBI/21.08.2012

 

1552

Rs. 46 Lakh Gold Coins Excise Evasion by ICICI

Bank Pays up to Avoid Prosecution

Incident Report No. 03 dated 23rd August 2012

 

1553

Tehran Summit Takes Aim at US, West

India PM Manmohan Attends

ABS News Service

 

1554

US Challenges Argentina Trade Restrictions, Mexico Joins in

ABS News Service

 

1555

Apple Wins 6 out 7 Patent Suits against Samsung Infringement

Injunctions against Phones on the Anvil

ABS News Service

 

1556

Swiss National Bank’s Jordan Wonders how to Spend $380bn Pile

ABS News Service

 

1557

CBEC Clarifies 1% CVD on Imported Fertilizers

23-CBEC/30.08.2012

 

1558

Another Five Years of Anti-dumping Duty on Metronidazole from China

40-ADD/30.08.2012

 

1559

Correct Reference Date of Policy Circular 2 is 14.06.2006

04-Pol.Cir/30.08.2012

 

1560

Night Vision Binoculars and Passive Night Vision Devices Import Restricted, Import Authorization Required

15-Ntfn(RE)/29.08.2012

 

1561

Silk Garments, Made ups Fabrics and Accessories Export Ban in DA Basis Withdrawn

Handicraft Items Export Ban on DA will be Effective from 1 Jan ‘13

14-Ntfn(RE)/28.08.2012

 

1562

EU Treated as Single Market for Vehicle Import Manufacturer Declaration

13-Ntfn(RE)/28.08.2012

 

1563

RBI Allows a Limited Two Way Fungibility for IDRs

19-RBI/28.08.2012

 

1564

NR Guarantee for Non Fund Transactions

20-RBI/29.08.2012

 

1565

E-payment Compulsory on Bills of Entries above Rs. 1 Lakh Duty

24-CBEC/05.09.2012

 

1566

Hazardous Substances Checks before Anchoring and Beaching Approvals for Ship Breaking

F.No. 405/2/2001-Cus.III dated 4th September 2012

 

1567

Gold and Silver Tariff Value Up by $13 per 10 gms and $83/kg Respectively

Tariff Value on Poppy Seeds ($178/MT), Brass Scrap ($53/MT) and RBD Palmolein ($8/MT) Down

79-Cus(NT)/31.08.2012

 

1568

Export Credit of US$39.69mn to Central African Republic

23-RBI/31.08.2012

 

1569

Export Credit of US$20mn to Central African Republic

22-RBI/31.08.2012

 

1570

RBI Allows Hedging to QFIs on Permissible Investments

21-RBI/31.08.2012

 

1571

NAM Backs Assad in Syria

ABS News Service

 

1572

Key Conclusions of NAM Summit

ABS News Service

 

1573

NAM from Bandung in 1955 to Tehran 2012, a 120 Members Body Today

ABS News Service

 

1574

Samsung Scores Over Apple in Patent Dual at Tokyo

ABS News Service

 

1575

MoF Notifies Advance Price Agreement (APA) Scheme

ABS News Service

 

1576

India Plans ASEAN Meet in December at Delhi

ABS News Service

 

1577

CBEC Asks for Check on Water and Electricity Bills for EPCG Machine Installation

25-CBEC/06.09.2012

 

1578

Amendments and Corrections in FPS and VKGUY Schemes

16-PN(RE)/06.09.2012

 

1579

Spelling Mistake Correction in the Import Item “Hydrocal Cement”

15-PN(RE)/06.09.2012

 

1580

Rupee Rate for Customs Valuation Falls to Rs. 56.20 on Imports w.e.f. 7 September 2012

80-Cus(NT)/06.09.2012

 

1581

Pak Duties under SAFTA Revised

·      Fixed Vegetable Fats (1515), Margarine (1517), Cotton Seed Oils, Groundnut Oils (1516), Raw Sugar (1701), Silk (Ch. 50) at 8%

·      Cotton Waste, Woven Fabrics and Textile Materials Raised to 8% from 6%

·      Negative List Cut to 614 from 878

·     No Change in ISFTA on Zero Duty

Ntfn 48/06.09.2012

 

1582

Export Credit of US$20mn to Mongolia

24-RBI/06.09.2012

 

1583

Energy Rises but Commodities Fall

World Bank Commodity Prices

 

1584

China Imports Unexpectedly Drop as Exports Rise Less than 3%

ABS News Service

 

1585

Only 111 Mega Power Projects to be Listed under Project Imports Till 19 July 2012

Ntfn 49/10.09.2012

 

1586

7 Ultra Mega Power Projects and 106 Mega Power Projects Get Import Duty Relief

The Hindu Business Line dated 11 September 2012

 

1587

Excise Hiked on Diesel to Rs. 1.46 per litre from Nil

Petrol Excise Cut to Rs. 1.20 per litre from Rs. 6.35 per litre

Notification No.35/2012 –Central Excise dated 14th September, 2012

 

1588

Excise Exemption for Only 111 Mega Power Projects Listed under Project Imports Till 19 July 2012

[Ref: 34-Central Excise dated 10 September 2012]

 

1589

Zero Duty for Parts and Components after Repair of Aircraft in SEZs Cleared into DTA for Return to Owner

Notification No. 52 /2012-Customs dated 13th September, 2012

 

1590

Robbin Elastic, High Density Sticker, Water Soluble Lining, Textile Flowers at Zero Duty for Textile and Leather Garment Manufacturers

Gold Findings Import Allowed at 4% Duty

Notification No. 51 / 2012 – Customs dated 13 September, 2012

 

1591

Anti-dumping Duty on Ductile Iron Pipes from China Extended upto 12 Sept. 2013 in Review

Notification No. 41/2012-Customs (ADD) dated 13 September 2012

 

1592

Rough Marble Quota Allocation – Deficient Applications Rejected

DGFT Issues 449 Marble quota Allottees List

DGFT Trade Notice No. 04/2012, dated 14 September 2012

 

1593

CBEC Clarifies but Cenvat Credit can be used for Payment of Any Excise Duty

CBEC Draft Circular dated 10 September 2012

 

1594

Irungattukottai ICD in Tamil Nadu Notified for Export Promotion

Notification No. 50 / 2012 – Customs dated 10 September 2012

 

1595

Hedging of Forex Loans against FCNR Allowed

30-RBI/12.09.2012

 

1596

Annual Performance Report (APR) in Form ODI Part III to be Submitted by Indian Party to AD

29-RBI/12.09.2012

 

1597

RBI Allows Import Credits upto 5 years for Infrastructure Sectors

28-RBI/11.09.2012

 

1598

RBI Allows Refinance of Bridge Finance for Infrastructure Sectors with an ECB under Automatic Route

27-RBI/11.09.2012

 

1599

ECB Limit Raised to 75% of Forex Earning in Last Three years

26-RBI/11.09.2012

 

1600

Excise Evasion of Rs. 4.50 crs in Gold and Silver Coins by Muthoot Precious Metals Corp Alleged

C. No.-V(19)2/HQAE/KOL-1/2010/Pt.1/ Dated 7 September 2012

 

1601

Mandatory E-payment of Customs Duty of Rs. 1 lakh and above w.e.f 17 Sept. 2012

83-Cus(NT)/17.09.2012

 

1602

Tariff Value Changes

RBD Palmolein Tariff Value Hiked by US$28 per MT

Gold and Silver Up by US$23.50 per 10 gms and US$106 per kg

Brass Scrap and Poppy Seeds Down

81-Cus(NT)/14.09.2012

 

1603

Four Firms under Scrutiny on Marble Quota Allocation

RA will not Issue Import Licences Until Clearance from DGFT

05-TN/17.09.2012

 

1604

Kattupalli Port in Tamil Nadu Notified for Unloading and Loading Goods

82-Cus(NT)/14.09.2012

 

1605

Zero Customs on LPG and Kerosene Imported by IOC, HPCL or BPIL for Supply to Household Domestic Consumers

Notification No. 55/ 2012 – Customs dated 18 September 2012

 

1606

Zero Excise on LPG and Kerosene Imported by IOC, HPCL or BPIL for Supply to Household Domestic Consumers

Notification No.36 /2012 –Central Excise dated 18 September 2012

 

1607

Customs Duty on Maize Bran Slashed to Nil from 30%

Notification No. 54/2012-Customs dated 17 September 2012

 

1608

Rejected Goods Re-import at Zero Duty in EOU Allowed

Notification No.  53/2012-Customs dated 13 September 2012

 

1609

Rupee Rates for Customs Valuation Gains to s. 54.75 on Imports w.e.f. 21 September 2012

Notification No. 84/2012-Customs (N.T.) dated 20 September, 2012

 

1610

Pending Cases for Clubbing of Advance Authorization Filed before 31 March 2012 should be Disposed as per Old Handbook Provision

Policy Circular No. 05(RE-2012)/2009-14 Dated 21 September 2012

 

1611

Amendments in Chemical and Plastic Product SION

DGFT Public Notice No. 17/(RE-2012)/2009-2014 dated 20 September 2012

 

1612

RBI OK Must for Foreign NGOs Operating in India

A. P. (DIR Series) Circular No. 31 dated 17 September 2012

 

1613

Cabinet Decisions on FDI in Single Brand Retail, Multi Brand Retail, Civil Aviation, Broadcasting Sector and Power Exchanges Notified

PIB (MoC&I) Press Release dated 20 September 2012

 

1614

Cabinet Approves National Policy on Information Technology 2012

PIB Press Release dated 20 September 2012

 

1615

Anti-dumping Duty Imposed on Fibre, Laminated Boards from China, Indonesia, Malaysia and Sri Lanka

43-ADD/21.09.2012

 

1616

Anti-dumping Duty on Paracetamol from China Extended upto 2nd Sept 2013 in Review

42-ADD/19.09.2012

 

1617

Trade Credit Including Usance Period of LCs Opened for Import of Gold in Any Form Including Jewellery should not Exceed 90 Days from Date of Shipment

34-RBI/24.09.2012

 

1618

Monthly Limit of Rs. 50,000 on Forex Release Against Cash

33-RBI/24.09.2012

 

1619

RBI Issues Circular on Amendments to the FDI Policy

32-RBI/21.09.2012

 

1620

WTO Says World Trade Growth Falls to 2.5% in 2012

ABS News Service

 

1621

BIS Registration on 15 Electronic Products Must - DeitY Issues IT Order

ABS News Service

 

1622

Govt Bans Correction Fluids and Thinners Production and Sale – Use in Devices Allowed

PIB (MoH&FW) Press Note dated 19 September 2012

 

1623

Union Cabinet Extends Control by Essential Commodity Act on Pulses and Edible Oils for One Year

ABS News Service

 

1624

G-20 Agree More Government Action Needed for World Recovery

ABS News Service

 

1625

Pork Supply Shrinks to Lowest Since 1975 on Drought: Commodities

ABS News Service

 

1626

EU Calls on Russia to Live up to WTO Commitments

ABS News Service

 

1627

Anti-dumping Duty on PS Plates for Printing from China Extended upto 23 September 2013 in Review

Bulgaria, Malaysia, Singapore and South Korea out of PS Plates for Printing anti-dumping Net after Review

44-ADD/25.09.2012

 

1628

Marble Import under ISFTA from All EDI Ports Allowed

16-Ntfn(RE)/26.09.2012

 

1629

Addl DGFT Mumbai Issues Check List for Revalidation of Advance Authorisation

15-TN/20.09.2012

 

1630

Check List for Invalidation/ARO of Advance Authorisation

14-TN/18.09.2012

 

1631

Check List for Bond Redemption/Export Obligation of Advance Authorisation

13-TN/18.09.2012

 

1632

Power of Customs and Excise Officers Jurisdiction Notified

85-Cus(NT)/26.09.2012

 

1633

Zero Duty on All Goods other than Negative List for LDCs under WTO Special Window

Ntfn 56/01.10.2012

 

1634

Anti-dumping Duty on Phosphoric Acid, Food Grade from China Extended upto 12 September 2013

45-ADD/25.09.2012

 

1635

All Central and State PSUs Exempt from Furnishing BG for Storing Sensitive Goods in the Duty Free Shops Operated by Pvt. Companies

26-CBEC/10.09.2012

 

1636

Revised Application Form ANF 2D for Restricted Items Export Licence

Application Fee Waived

18-PN(RE)/28.09.2012

 

1637

Tariff Value on RBD Palmolein Slashed by US$30/MT

Brass Scrap Tariff Value Up by US$107/MT and Gold Up by US$10 per 10 gms

90-Cus(NT)/28.09.2012

 

1638

Half Yearly Service Tax Return (ST-3) to be Submitted by 25 Oct, 2012

47-ST/28.09.2012

 

1639

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 78.105433 w.e.f. 17 September 2012

37-RBI/26.09.2012

 

1640

NRI to Invest only at Face Value of Shares when Subscribing to Memorandum of Association

36-RBI/26.09.2012

 

1641

Reporting Requirements of Foreign Project Offices in India

35-RBI/25.09.2012

 

1642

Cotton Exports Registration Continued in New Notification w.e.f. 1 October 2012

17-Ntfn(RE)/01.10.2012

 

1643

Assam Comilla Cotton Exempted from Export Restriction upto 5000 Bales

RC will be Valid for 30 Days

18-Ntfn(RE)/01.10.2012

 

1644

First Half Yearly Return Filing of ST-3 only for a Period for 1 April to 30 June 2012

Service Tax Instruction dated 28th September 2012

 

1645

14 Pre-Shipment Inspection Agencies Enlisted as PSIA

20-PN(RE)/01.10.2012

 

1646

New Contact Details of IEEMA

19-PN(RE)/28.09.2012

 

1647

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 75.037184 w.e.f. 27 September 2012

38-RBI/04.10.2012

 

1648

No Service Tax Rail Movement of Relief Materials and Other Exempt Goods

PIB (Ministry of Railways) Press Release dated 3rd October 2012

 

1649

India and Austria Sign Agreement on Technology Cooperation in the Shipping and Ports Infrastructure Sector

PIB (Planning Commission) Press Release dated 3rd October 2012

 

1650

Metals and Energy Rises but Edible Oils Fall

World Bank Pink Sheet

 

1651

CBEC Clarifications on Duty Drawback 2012-13 Amendments – Effective from 10 October 2012

27-CBEC/05.10.2012

 

1652

Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 – General Notes and Conditions

92-Cus(NT)/04.10.2012

 

1653

Rupee Rate for Customs Valuation Gains to Rs. 52.85 on Imports w.e.f. 5 October 2012

91-Cus(NT)/04.10.2012

 

1654

Anti-dumping Duty Imposed on CR Flat Products of Stainless Steel 400 Series from EU Korea and USA

46-ADD/04.10.2012

 

1655

Poppy Seeds Imports Allowed from 6 More Countries

No Certificate from International Narcotics Control Bureau Required

19-Ntfn(RE)/05.10.2012

 

1656

Safeguard Duty of 30% Imposed on Carbon Black from China

04-SG/05.10.2012

 

1657

China Red Phosphorous Anti-dumping Initiated after Safeguard Investigation Falls

F.No.14/12/2012-DGAD dated 28th September 2012

 

1658

Another Five Years of Anti-dumping Duty on Bias Tyres from China and Thailand

47-ADD/08.10.2012

 

1659

Anti-dumping Duty Imposed on Melamine from EU, Iran, Indonesia and Japan

48-ADD/08.10.2012

 

1660

DGFT Issues Guidelines for e-BRC System

06-Pol.Cir/10.10.2012

 

1661

One Lakh MT Marble Quota Allocation for Indian Companies Investing in Mining Abroad

20-Ntfn(RE)/09.10.2012

 

1662

Amendments for Value Declarations of Freight, Insurance and Commission in Aayat Niryat Forms for e-BRC Facilitation

21-PN(RE)/09.10.2012

 

1663

South African Rand Exchange Rate Revised to Rs. 6.10 from Rs. 6.45 w.e.f. 10 October 2012

93-Cus(NT)/09.10.2012

 

1664

IMF Forecasts GDP Fall in India to 4.9% in 2012, Call for High Interest Rates

ABS News Service

 

1665

G-20 Presents TRQ Proposal at WTO

ABS News Service

 

1666

US Subsidies Fall Due to High Prices

ABS News Service

 

1667

Booming Feed Price Push up Milk, Cow Slaughter Rises in US

ABS News Service

 

1668

Trade Facilitation Moves On at WTO

ABS News Service

 

1669

Race for WTO DG Kicks Off on 1 Dec, New Zealander Groser Throws in Hat

ABS News Service

 

1670

Cost Accountants can also Certify Export Documents

22-PN(RE)/11.10.2012

 

1671

New ITC(HS) Book Updated for Amendments Already Issued

22-Ntfn(RE)/11.10.2012

 

1672

ITC(HS) Amendments to Come into Retrospective Effect from 17 March 2012

21-Ntfn(RE)/11.10.2012

 

1673

Zero Excise on DVD-ROMs Containing Books and Periodicals

37-CE/11.10.2012

 

1674

Corrigendum dated 11 October 2012 to Ntfn 46(ADD)/04.10.2012 – Anti-dumping Duty on CR Flat Products of Stainless Steel Corrected to State Minimum Price Instead of Specific Duty

Corrigendum dated 11 October 2012

 

1675

Corrigendum dated 10 October 2012 to 93-Cus(NT)/09.10.2012 – South African Rand Exchange Rate for Exports Changes w.e.f. 10.10.2012

Corrigendum dated 10th October 2012

 

1676

Factory Stuffing Permission for the Rail Terminal at Navkar Corporation Sewri and Vashi CFS on MOT Basis

55-PN/09.10.2012

 

1677

Loan Against NRE/FCNR(B) Fixed Deposits Allowed to Depositor/Third Party without any Ceiling Subject to Usual Margin Requirements

44-RBI/12.10.2012

 

1678

FIU Checks on Suspicious Transactions thru FINnet Gateway in ‘Test Mode’ from 31 August 2012

43-RBI/12.10.2012

 

1679

Authorised Persons Required to Continue Submit Suspicious Transaction Reports (STR) in CD Till Further Notice

42-RBI/12.10.2012

 

1680

RBI Amends Circular on Liberalisation of Downstream NBFCs

41-RBI/10.10.2012

 

1681

Libor Plus Ceiling at 350 bps for ECB Continue to be Applicable Till Further Review

40-RBI/09.10.2012

 

1682

Ceiling Interest Rate on Import Credits to Continue Till Further Review

39-RBI/09.10.2012

 

1683

Former DGFT Dr. P.L Sanjeev Reddy No More

ABS News Service

 

1684

No Exemption on Re-export of Advance Licence Goods – Notification does not Provide for the Benefits

Madras High Court Judgment dated 21st November 2011

 

1685

Refund of Excess Fine and Penalty is a Matter of Right under Section 27 CA, 1962

Ernakulam High Court Judgment dated 24th September 2009

 

1686

Americans Cut Spending on Consumer Goods by 40% in Last 20 Years

But Quantity Rises 65% as Prices Drop

2011: 66 garments, 7.3 pairs of shoes

1991: 40 garments, 5.4 pairs of shoes

ABS News Service

 

1687

Rangarajan Recommends Decontrol of Sugar

PIB Press (PMO) Release dated 12 October 2012

 

1688

Rupee May Rise to 50

ABS News Service

 

1689

Iran Blinks on Uranium, Nov Oil Drops to $90

ABS News Service

 

1690

MRP of Urea Up by Rs. 50 PMT to Incentivise Retail, Dealer to give SMS Acknowledgement of Fertilizer Receipt

PIB Press Release dated 11 October 2012

 

1691

Dollar Exports Down by 10.78% in September 2012, Imports Gain 5%

India’s Foreign Trade: September, 2012

ABS News Service

 

1692

Reduction in Interest Rate can be stimulus to export growth: FIEO Chief

ABS News Service

 

1693

Dr P.L. Sanjeev Reddy cremated on 16 October. Memorial meeting to be held on 25th October at Hyderabad

ABS News Service

 

1694

India Bangladesh Trade through Border Haat

Trade Goods without Exchange Control Notified, Purchase Limit of $100 per day per Individual Specified

23-PN(RE)/15.10.2012

 

1695

NRAI given Self Certification Powers for Arms and Ammunitions Imports by Sports Persons

23-Ntfn(RE)/16.10.2012

 

1696

Last Date for ST-3 Return Filing for Q1 Extended to 25 November 2012 Pending Issue of New Form

03-ST Order/15.10.2012

 

1697

Tariff Value of RBD Palmolein Cut by US$119/MT

94-Cus(NT)/15.10.2012

 

1698

Addl. DGFT Mumbai Issues Check List for DFIA Redemption Case

17-TN/04.10.2012

 

1699

Check List for Clubbing and Redemption of Advance Authorisation

16-TN/04.10.2012

 

1700

Copper Based Pre-alloyed Powder R-800 SION Notified

24-PN(RE)/18.10.2012

 

1701

Rupee Rises to Rs. 53.20 for Customs Valuation on Imports w.e.f. 19 October 2012

95-Cus(NT)/18.10.2012

 

1702

Amendments in Central Excise Act, 1944

29-CE(NT)/10.10.2012

 

1703

Reliance, DCW and Others Complain of Dumping of PVC Suspension Grade Resin from EU and Mexico

China, Taiwan, Indonesia, Japan, Korea, Malaysia, Thailand and USA Already in Duty Net w.e.f 23.01.2008

DGAD Initiation Notification No.14/1012/2012-DGAD  dated 5 October 2012

 

1704

Anti-dumping Investigation on Persulphates from Taiwan, Turkey and USA Initiated

Ref: DGAD Initiation Notification No.14/9/2012-DGAD dated 28 September 2012

 

1705

Corrigendum dated 18 October 2012 to Ntfn 43-ADD/21.09.2012 - Moulded Door Skin Excluded from Item Description of the Anti-dumping Duty Notification

Corrigendum dated 18 October, 2012

 

1706

Submission of Physical Copy of RCMC by Exporters not Required from 1 Dec 2012

DGFT will Use Softcopy Uploaded from Council website

DGFT Public Notice No.25 (RE-2012)/2009-2014 dated 19 October 2012

 

1707

Edible Oil Export Ban Extended Indefinitely

DGFT Notification No 24 (RE – 2012)/2009-2014 dated 19 October 2012

 

1708

Zero Customs Duty for Long Range Surface to Air Missile (LR-SAM) Programme of Ministry of Deference

DoR Notification 57/2012-Customs dated 18 October 2012

 

1709

Zero Excise Duty for Long Range Surface to Air Missile (LR-SAM) Programme of Ministry of Deference

DoR Notification No. 38/2012-Central Excise dated 18 October 2012

 

1710

Five New Pre Shipment Inspection Agencies (PSIA) Notified

DGFT Public Notice No.27(RE:2012)/2009-2014 dated 19th October 2012

 

1711

Aluminium Beverage Cans SION Notified

Public Notice No: 26 (RE: 2012)/2009-2014 dated 19 October 2012

 

1712

DEPB Purchased on Fraudulent TRA - Purchaser Liable to Customs Duty as well as Interest - Customs Mistake in Debiting DEPB cannot be Encashed by Purchaser

Cus. Appeal No. 1 of 2011 decided on 10 April 2012

 

1713

Goods Imported without IE Code may not be Classified as Prohibited and Slapped with Confiscation Order

Final Order No. 230/2012 dated 30 March 2012 in Appeal No. C/182/2009

 

1714

Rusted and Damaged Rolls are Scrap and must be Assessed in which Condition it Imported

Final Order No. C/A/176/2012-Cus (PB) dated 8 June 2012 in Appeal No. C/771/2007

 

1715

Heading 7610 Covers Aluminium Structures,  Panels bearing the trade name Alpolic is composed of metal skins, a core and surface finish preparing and using in structures not classified in Heading 7606

Stay Order No. 246/2012 dated 2 May 2012 in Application No. C/Stay/287/2011 in Appeal No. C/393/2011

 

1716

Conversion of Shipping Bill to DEPB is the Prerogative of customs and DGFT Direction on this has no Effect

Final Order Nos. A/375-377/2012-WZB/AHD dated 21 March 2012 in Appeal Nos. C/144-146/2009

 

1717

Customs cannot Increase Value of Old and Used Computer Parts since there cannot be an Identical or Similar Goods – Consideration paid to the Supplier Abroad is the only Base for Valuation Transaction Value will Prevail

Final Order No. C/A/135/2012(PB) dated 15 May 2012 in Appeal No. C/454/2008

 

1718

All Large Software Exporters in STPIs to Follow Feb 2012 Circular for SOFTEX Exchange Control Return

A. P. (DIR Series) Circular No. 47 dated October 23, 2012

 

1719

DTA Units will Get Forex for Payment to SEZ Units

A. P. (DIR Series) Circular No. 46 dated 23 October 2012]

 

1720

Currency Hedging by FIIs through Banks

A.P. (DIR Series) Circular No.45 dated 22 October 2012]

 

1721

Corrigendum dated 17 Oct 2012 to 49/2012 – Torrent Power Substitutes Jindal Power for Project Import Duty

Corrigendum dated 17 October 2012]

 

1722

Cabinet Approves National Policy on Electronics 2012

PIB Press Release dated 25 October 2012

 

1723

Mexico Challenges China over Subsidies for Clothing, Textiles

ABS News Service

 

1724

IMF Tokyo Meet Grapples with Global Slow Down

ABS News Service

 

1725

Ukraine to Ban Wheat Exports from mid-November

ABS News Service

 

1726

WTO Releases 2011 Trade and Tariff Data

World Merchandise Exports Up by 5% in 2011 in Volume Term

ABS News Service

 

1727

WTO Appellate Body Hands Victory to Washington on China Steel Duties

ABS News Service

 

1728

Wheat Climbs, Ukraine may Limit Shipments

ABS News Service

 

1729

Japan Exports Tumble 10%, BOJ may Pump in More Money

ABS News Service

 

1730

Two Year Validity to Continue for Duty Credit Scrips Issued upto 26 July 2012, 18 Months for those Issued After

DGFT Policy Circular No. 7 (RE-2012)/2009-14 Dated 25 October, 2012

 

1731

Computerised Out of Charge Certificates Must for Clearance at Customs Gate

CBEC Instruction dated 29 October 2012

 

1732

Ruled and Plain Cards SION Notified

DGFT Public Notice No.28 /(RE 2012)/2009-14 dated 26 October 2012

 

1733

Corrigendum dated 17 October 2012 to 34-CE/10.09.2012 – Torrent Power substitutes Jindal Power for Project Import Duty

Corrigendum dated 17 October 2012]

 

1734

Rupee Falls to Rs. 54.55 for Customs Valuation on Imports w.e.f. 2 Nov 2012

97-Cus(NT)/01.11.2012

 

1735

Tariff Value of RBD Palmolein, Brass Scrap, Gold and Silver down Slightly

96-Cus(NT)/31.10.2012

 

1736

Pak Promises MFN Status to India by Year End

ABS News Service

 

1737

China Broadens Solar Dumping Probe to Polysilicon

ABS News Service

 

1738

Packaging Quantity Standardized for 19 Commodities from 1 Nov 2012

PIB Press Release dated 1st November 2012

 

1739

Indonesia and Montenegro Join AGP as Observers

ABS News Service

 

1740

Laos, Tajikistan Join Queue for Entry into WTO

ABS News Service

 

1741

ITA II Covering Consumer Goods on the Boil, Korea Claims 17 in First List

ABS News Service

 

1742

Dollar Rises to Eight-Week High Versus Euro before U.S. Election

ABS News Service

 

1743

Gold Gains for 2nd Day as Dollar Weakens Before U.S. Vote

ABS News Service

 

1744

G-20 Tells U.S. to Avoid Fiscal Cliff as Focus Widens

ABS News Service

 

1745

Final Extension of Transition Period for Export Subsidy Programme of 19 Developing Countries Extended Till 2013 End

ABS News Service

 

1746

World Prices of Energy, Food Fall in October

World Bank

 

1747

India Must Tax Palm Oil Imports to Aid Farmers, Says Godrej

ABS News Service

 

1748

PK Mohanty Takes Over as Commissioner (TRU) in CBEC after End of Geneva WTO Mission Posting, Invites Suggestion for Budget 2013

F.No. 334/6/2012-TRU dated 6th November 2012

 

1749

Addl. DGFT Mumbai Issues Suggestions for Filing IEC Applications Online without Deficiencies

18-TN/01.11.2012

 

1750

DG Safeguards Initiates Review on Phthalic Anhydride (PAN), Three Producers Seek One More Year of 10% Duty to Face Import

F.No. D-22011/14/2012 dated 26th October 2012

 

1751

SIDBI Notified as an Eligible Borrower for ECB On-lending to MSME

48-RBI/06.11.2012

 

1752

20 Years Banana War Ends as EU Lowers Tariff by 30% in Next Five Years

Fall in Differential between Low Duty Former Colonies and MNC Based Low Cost Caribbean Producers Seen

ABS News Service

 

1753

US “Fiscal Cliff” in $600bn Auto Tax Hike and Spending Cuts Ahead

ABS News Service

 

1754

EU Limits Shipping Fuel Pollution

ABS News Service

 

1755

China-Japan-Korea Trade Talks Delayed on Island Spat

ABS News Service

 

1756

Textiles, Machinery, Motor Vehicles, Electronics, Semi Precious Stones Allowed in Burma Border Trade

30-PN(RE)/16.11.2012

 

1757

DGFT Clarifies that Banks will Execute Only Guarantee while LUT will be Executed by the Importer

29-PN(RE)/12.11.2012

 

1758

Rupee Falls to Rs. 55.50 for Customs Valuation on Imports w.e.f. 17 November 2012

99-Cus(NT)/16.11.2012

 

1759

Tariff Value of Gold and Silver Up by $5/10 gram and $19/kg Respectively

Brass Scrap Down by $67/MT

98-Cus(NT)/14.11.2012

 

1760

RBI Issues Revised Guidelines for Customer Identification Procedure

51-RBI/15.11.2012

 

1761

Multiple Branch AMCs should Institute Concurrent Audit System

50-RBI/07.11.2012

 

1762

Indian Agents not to Submit List of Sub Agents under Money Transfer Service Scheme

49-RBI/07.11.2012

 

1763

China on Anti-dumping Spree, EU and US Chemicals in Hit List

ABS News Service

 

1764

Pak sends 200 Exhibitors in IITF

ABS News Service

 

1765

Dollar Import Up by 7.47% in Oct 2012, Export Fall 1.6%

Press Note of Dept. of Commerce, Ministry of Commerce & Industry dated 12 November 2012

 

1766

WTO Adopts Ruling on Electrical Steel

ABS News Service

 

1767

Validity of CHA Licences under AEO Programme

105-Cus(NT)/16.11.2012

 

1768

No BG for Authorized Customs Cargo Service Provider under AEO Programme

104-Cus(NT)/16.11.2012

 

1769

Revised Guidelines for Implementation of AEO Programme

28-CBEC/16.11.2012

 

1770

Japan Government to Spend 1 Trillion Yen on Next Stimulus

ABS News Service

 

1771

Soros Buying Gold as Record Prices Seen on Stimulus: Commodities

ABS News Service

 

1772

APEC Push to Liberalise Environmental Goods Spurs Debate at WTO

ABS News Service

 

1773

Developing Countries Table Food Security Proposal at WTO

ABS News Service

 

1774

European Commission Announces Temporary Suspension of Aviation Emissions Law

ABS News Service

 

1775

EU Trade Chief Renews Push for Brussels-Washington Trade Deal

ABS News Service

 

1776

SMP TRQ Cut to 10,000 MTs from 50,000 MTs along with Rise of Duty to 15%

Ntfn 59/21.11.2012

 

1777

Concentrated Milk/SMP Exports in 0402 Freed

25-Ntfn(RE)/22.11.2012

 

1778

DGFT Issues TED Refund Claim Format under Deemed Export

31-PN(RE)/21.11.2012

 

1779

De-Stuff and Release of Foreign Containers on Arrival in CFS/ICDs Facility under Warehousing Clause of Sec 49 of CA 1962

CBEC Instruction/20.11.2012

 

1780

CBEC Restores Descriptions of Taxable Services and Accounting Codes for Payment of Service Tax

165-ST/20.11.2012

 

1781

Zero Customs Duty for Air to Air Missile ASTRA Project of Defence Ministry

Ntfn 58/19.11.2012

 

1782

Zero Excise for Air to Air Missile ASTRA Programme of Defence Ministry

39-CE/19.11.2012

 

1783

Addl. DGFT Mumbai Organises Meeting with Consul General of China on 17 December 2012 in Mumbai

Addl. DGFT Mumbai Circular No. 01 dated 12th November 2012

 

1784

Corrigendum dated 21 November to 49/10.09.2012

Corrigendum/21.11.2012

 

1785

Cautious Welcome for Farm Trade Proposals at WTO

ABS News Service

 

1786

Asia-Pacific Leaders Announce Major Regional Trade Talks

ABS News Service

 

1787

US House of Representatives Clears Russia Trade Legislation

ABS News Service

 

1788

Canada, EU Aim to Bring Trade Talks into Final Stages

ABS News Service

 

1789

No Tax Free Zones in Operation

Ministry of Finance, PIB Press Release dated 23rd November 2012

 

1790

Thailand to Surpass India as Top Rice Shipper on Stockpiles

ABS News Service

 

1791

India Bets on Troubled Kashagan to Restart Oil Expansion

ABS News Service

 

1792

Anti-dumping Investigation on Solar Cells from China, Malaysia, USA and Taipei Initiated on Complaint of Two EOU/SEZ and One DTA Unit

NME Status for China Claimed, No Direct Evidence of Normal Value for US, MY and Taipei

No.14/5/2012-DGAD dated 23rd November 2012

 

1793

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 75.570411 w.e.f. 25 Oct, 2012

53-RBI/20.11.2012

 

1794

Extended Period of 12 Months for Software Export Realisation Valid for Another Six Months to 31 March 2013

52-RBI/20.11.2012

 

1795

Foreign Entities Branch Offices to send Audited Financial Statements Annual Activity Certificate to Income Tax

55-RBI/26.11.2012

 

1796

ECB Policy Relaxed for 2G Spectrum Payment

54-RBI/26.11.2012

 

1797

Another Five Years of Anti-dumping Duty on Caustic Soda from USA, Saudi Arabia, Iran

France and Japan Out of Caustic Soda Anti-dumping Net after Review

49-ADD/26.11.2012

 

1798

Anti-dumping Duty on Ceftriaxone Sodium Sterile Extended for One More Year after Review

50-ADD/29.11.2012

 

1799

Cotton Exports Contract Registration Raised to 30,000 Bales

·      Ludhiana, Rajkot and Vizag RAs Allowed for RCs

·     Applying Multiple RCs Allowed

26-Ntfn(RE)/30.11.2012

 

1800

Tariff Value of Silver Up by US$38/kg

RBD Palmolein and Brass Scrap Down by US$23/MT and US$19/MT Respectively

106-Cus(NT)/30.11.2012

 

1801

CBEC Pulls up Review Committee of Commissioners for Lackadaisical Working

CBEC Instruction dated 23rd November 2012

 

1802

Form for Statement of Export for Redemption of EPCG Obligation Modified

Bill of Entry and Date of Installation of Capital Goods Included

32-PN(RE)/27.11.2012

 

1803

Trade Must Declare Complete Description of Cashew Kernels in the Bills of Entry

63-PN/19.11.2012

 

1804

Double Payment of Customs Duty – Procedure for Refund Claim

62-PN/19.11.2012

 

1805

Non Alloy Cold Rolled Colour Coated Steel SION Modified

Cold Rolled Zinc and Aluminium Colour Coated Non Alloy Steel Sheets SION Notified

33-PN(RE)/30.11.2112

 

1806

Corrigendum dated 21 Nov 2012 to 34-CE/2012 on Excise Duty of Mega Power Projects

Corrigendum/21.11.2012

 

1807

India Continues Cut in Iran Oil to Qualify for Exemption to US Sanctions

ABS News Service

 

1808

ASEAN-India Commemorative Summit in New Delhi on December 20-21, 2012

ABS News Service

 

1809

SP Agarwal Obituary

ABS News Service

 

1810

Misuse of Correction Fluids and Nailpaint Removers

PIB Press Release dated 30 November 2012

 

1811

Salt under FSSAI

ABS News Service

 

1812

China May Keep 7.5% Growth Target as Manufacturing Gains

ABS News Service

 

1813

US Senate for Sanctions on Iran to Continue, White House Not Happy

ABS News Service

 

1814

Brazil Continues Push for Further WTO Discussions on Currency, Trade Relationship

ABS News Service

 

1815

DGFT Pujari Claims eBRC a Success, Banks issue 8 Lakh eBRC in Three Months

MoC Press Release dated 20 November 2012

 

1816 - 1817

Ukraine Renegotiation Request on Tariff Lines, Russia’s Ban on Live Animals and Automobile Recycling Fee under Fire

ABS News Service

 

1818

Trade-distorting Farm Payments Fall to New Low, EU Says

ABS News Service

 

1819

Bolivia Invited to Become Full Member of Mercosur

ABS News Service

 

1820

WIPO Negotiations on New Legal Instrument for Visually Impaired Move Forward

ABS News Service

 

1821

Reimports for Repairs – Reimportation into India should Take Place within 10 Years in the Case of Bhutan

Ntfn 60/06.12.2012

 

1822

Another Five Years of Anti-dumping Duty on Digital Offset Printing Plates form China

Japan Out of Digital Offset Printing Plates Anti-dumping Net After Review

51-ADD/03.12.2012

 

1823

Anti-dumping Duty on PVC Suspension Grade from Taiwan, China, USA and Others Extended for One More Year After Review i.e., upto Jan 2014

52-ADD/06.12.2012

 

1824

Sodium Silicate in Liquid Form SION Notified

34-PN(RE)/05.12.2012

 

1825

Lead Free Powder SION Notified

35-PN(RE)/06.12.2012

 

1826

Rupee Rises to Rs. 55 for Customs Valuation on Imports w.e.f. 7 Dec 2012

108-Cus(NT)/06.12.2012

 

1827

Katargam, Chauryasi (Surat) ICD Notified for Loading and Unloading Goods

107-Cus(NT)/04.12.2012

 

1828

World Prices of Energy, Food and Sugar Fall in November

World Bank Pink Sheet

 

1829

SVB Valuation at Ports Now under Mumbai DG from New Year, Local Commissioner to Decide on SVB Recco

29-CBEC/07.12.2012

 

1830

Export Credit of US$13.095mn to Togo

56-RBI/27.11.2012

 

1831

The Riddle of Falling Rupee Coexisting with Crashing Exports by Arun Goyal

ABS News Service

 

1832

Tajiks to Join WTO as 159th Member

Afghans, Azeris are Next in the Queue

ABS News Service

 

1833

Bali WTO Ministerial on 3-6 Dec 2013

ABS News Service

 

1834

Dollars Exports Fall by 4.17%, Import Up by 6.35% in Nov 2012

PIB (MoC&I) Press Release dated 11 December 2012

 

1835

Iran Oil Exports Slump 46% as US Sanctions Bite

ABS News Service

 

1836

Australia Lifts 2013 Iron Ore Price Forecast on China Demand

ABS News Service

 

1837

EU-Japan FTA in the Making

ABS News Service

 

1838

Bangladesh Perks Up!

ABS News Service

 

1839

Obama Shields for EU Emissions Rule

ABS News Service

 

1840

Rice Imports by China Set to Jump Fourfold on Local Prices

ABS News Service

 

1841

Anti-dumping Investigation on Motor Vehicles Alloy Road Wheels from China, Korea and Thai Initiated on Complaint of Single Manufacturers Synergies Castings

14/7/2012-DGAD dated 10th December 2012

 

1842

One Month Grace Period to Convert White Shipping Bill for Incentive

36-PN(RE)/12.12.2012

 

1843

Export Credit of US$178.125mn to Tanzania Water Supply Scheme

57-RBI/11.12.2012

 

1844

Foshan Z&D Out of Tiles Anti-dumping Net

53-ADD/14.12.2012

 

1845

Foshan Z&D Ceramics in Vitrified Porcelain Tiles Anti-dumping Case – Notification Rescinded

54-ADD/14.12.2012

 

1846

Another Five Years of Anti-dumping Duty on Sodium Hydrosulphite from China – Duty Raised in Sunset Review

55-ADD/14.12.2012

 

1847

Cable Tiles from China and Taiwan – Anti-dumping Duty Slashed after Review

56-ADD/14.12.2012

 

1848

Tariff Value of Brass Scrap Up by US$59/MT

Gold and Silver Tariff Value Fall by US$11 per 10 gram and US$34/kg

109-Cus(NT)/14.12.2012

 

1849

Two New Agencies for Issuing Certificate of Origin – Non Preferential Notified

37-PN(RE)/17.12.2012

 

1850

Six New PSI Agencies Notified

38-PN(RE)/18.12.2012

 

1851

LIBOR Plus Ceiling for Trade Credits of 350bps to Continue till 31 March 2013

58-RBI/14.12.2012

 

1852

Six Months Import Credit Now in Medium Term Credit Definition

59-RBI/14.12.2012

 

1853

Libor Plus Ceiling at 350 bps for ECB will Continue Till 31 March 2013

60-RBI/14.12.2012

 

1854

Guidelines on ECB for Low Cost Affordable Housing Projects

61-RBI/17.12.2012

 

1855

New Visa Agreement between India and Pakistan

Visa on Arrival at Wagha Check Post from 15 Jan 2013 only for Sr. Citizens!

PIB (MoHA) Press Release dated 14 December 2012

 

1856

EU Plus “Real Good Friends” Plurilateral Services Agreement in 2013

ABS News Service

 

1857

WTO Members Aim for “Realistic” Doha Deliverables for 2013

ABS News Service

 

1858

Poor Countries Must Invest in Farming to Tackle Hunger, says FAO

ABS News Service

 

1859

US, EU, Japan Join Mexico in Advancing Challenge to Argentine Import Restrictions

ABS News Service

 

1860

Duty Cuts of 1% to 8% in Indo-Singapore FTA

Ntfn 61/18.12.2012

 

1861

Dept. of Revenue Issues 120 Descriptions of Taxable Services and Accounting Codes for Payment of Service Tax

48-ST/30.11.2012

 

1862

DGFT Releases 10,000 MT Sugar Quota for EU to ISGEC

39-PN(RE)/19.12.2012

 

1863

Safeguard Duty of 35% Imposed on Electrical Insulators from China

05-SG/20.12.2012

 

1864

Rupee Falls to Rs. 55.30 for Customs Valuation on Imports w.e.f. 21 December 2012

111-Cus(NT)/20.12.2012

 

1865

Dahanu Notified for Coal Import by Reliance Infra

110-Cus(NT)/14.12.2012

 

1866

Zero Duty on Excess LPG Returned to SEZ

Ntfn 62/21.12.2012

 

1867

Anti-dumping Duty Imposed on Choline Chloride from China

57-ADD/21.12.2012

 

1868

Sugar Mills Supplying Sugar to an RC Holder Must Intimate DGFT

08-Pol.Cir/24.12.2012

 

1869

Amendments in Polyacetal Resin Compound SION

40-PN(RE)/24.12.2012

 

1870

Service Tax Exempted on Janashree Bima Yojana and Aam Aadmi Bima Yojana

49-ST/24.12.2012

 

1871

Export Credit of US$16.88mn to Gambia

62-RBI/18.12.2012

 

1872

Hedging under ECB by Micro Finance Cos

63-RBI/20.12.2012

 

1873

Anand Sharma Offers Sops for More Exports in New Year

   2% Incentive on Incremental Exports in 2013 Q1

   100 New Items in FPS, 60 in MLFPS

   All Food Preparations now in VKGUY

   Interest Subvention Extended by One More Year, All SMEs Covered

ABS News Service

 

1874

Pascal Lamy to Retire

Three Throw Hat in the Ring for WTO DG

ABS News Service

 

1875

Mexico Chums Up with Argentina following Auto Deal, Drops WTO Case

ABS News Service

 

1876

WTO Pulls Up Canada for Local Sourcing Rule in Power Generation

ABS News Service

 

1877

US Trade Bounces Back, Protectionism Grows

ABS News Service

 

1878

FIEO Organises India Show at Karachi

ABS News Service

 

1879

WIPO Frames Industrial Design Treaty

ABS News Service

 

1880

Panel Established on US Countervailing and Anti-dumping Measures on Chinese Products

ABS News Service

 

1881

US Slaps Anti-Dumping and CVD on Wind Towers from China, Vietnam

ABS News Service

 

1882

Global Economy Risks Falling into Renewed Recession, Warns UN Report

ABS News Service

 

1883

Anti-dumping Duty Imposed on Phthalic Anhydride from Korea, Taiwan and Israel for Five Years

Safeguard Duty to Lapse on 16 January 2013

58-ADD/24.12.2012

 

1884

226 Items Identified in Export Decline of (-)5% Plus in 2011-12 for Refixation of EPCG Export Obligation

09-Pol.Cir/27.12.2012

 

1885

Previous Circulars on EO Refixation Following Export Decline

10-Pol.Cir/27.12.2012

 

1886

DGFT Releases Detail of 2% IEIS (Incremental Exports Incentivisation Scheme)

·      2% FPS Freely Transferable Duty Credit Scrip on Incremental Exports in First Quarter of 2013 Compared to First Quarter of 2012

·      Benefit Over and Above FPS/FMS/Drawback

·      Commodities and Sensitive Goods excluded along with Exports to Singapore/UAE/Hong Kong)

·      Scheme only on Exports to EU, USA and Asian Countries (Proof of landing necessary)

·     Disbursal only after Payment Realisation

27-Ntfn(RE)/28.12.2012

 

1887

Application to be Filled in Form ANF 3F to be Notified Later to Concerned Regional Authorities

41-PN(RE)/28.12.2012

 

1888

DGFT Releases Detail of New Additions to Reward Scheme under Chapter 3 of FTP

·      Castor Oil Deleted from VKGUY/FPS

·      Food Preparations NES in 5% VKGUY

·      Soya Meal and other Oil Seed Meals in 5% VKGUY along with Shellac Wax

·      102 New Items in 2% FPS

·      6 More for 2% Bonus FPS

·      11 Moved Up from 2% to 5% FPS

·      62 Goods Inserted in Market Linked Focus Product for 2% Incentive

·      5 New Markets for 3% FMS

·     Export from 1 January 2013 Covered. No Retrospective Effect

42-PN(RE)/31.12.2012

 

1889

Export Credit of US$250mn to Mozambique

65-RBI/27.12.2012

 

1890

Export Credit of US$19mn to Guyana Multispecialty Hospital

64-RBI/27.12.2012

 

1891

Remote Control Classified in heading 8543 70, when Separately Imported

01-CBEC/01.01.2013

 

1892

Replacement of Fixed Deposit Receipts with a BG Allowed for Mega and Ultra Mega Power Projects

02-CBEC/01.01.2013

 

1893

Gold and Silver Tariff Value Fall by US$11 per 10 gm and US$83 per kg Respectively

Tariff Value of Poppy Seeds Down by US$476/MT and Brass Scrap US$21/MT

115-Cus(NT)/31.12.2012

 

1894

Revenue Secretary Threatens Crack Down on Customs, Excise and Service Tax Evaders with Prosecution and Arrest as Revenue Collections Crash

PIB (MoF) Press Release dated 2 January 2013

 

1895

Excise Recovery Procedure to be Activated within 30 to 90 Days where no Stay is Applied for or Granted

967-CBEC/01.01.2013

 

1896

CBEC Order CCTV in Customs Area for Security and Unauthorize Access

03-CBEC/01.01.2013

 

1897

No Service Tax Leviable on Reminder Letters Issued for Insurance Policies Premium to Policy Holders

166-ST/01.01.2013

 

1898

Milk Covered in Foodstuff for Service Tax Exemption

167-ST/01.01.2013

 

1899

Crude Duty from Brunei Cut to Zero

Ntfn 63/31.12.2012

 

1900

Indo-Japan CEPA

Duty Slashed on Engines of 250cc plus and Gear Boxes and Parts

Ntfn 65/31.12.2012

 

1901

One to Five percent Duty Cut on 1630 Items in Indo-Malaysia PTA

Ntfn 67/31.12.2012

 

1902

Duty Cuts on Pak under SAFTA

Table I – 120 Entries at 5% Duty

Table II – 264 Entries at 8% Duty

Table III – 614 Entries – Negative List

Ntfn 68/31.12.2012

 

1903

Indo-ASEAN FTA Duty on 1589 Items

·      2-3 percent Cut for Philippines

·     2-5 percent Cut for 9 Countries in ASEAN

Ntfn 64/31.12.2012

 

1904

Indo-Korea CEPA General Duty on 966 Items

1 to 3 percent Duty Cut

Ntfn 66/31.12.2012

 

1905

Rupee Rises to Rs. 54.85 for Customs Valuation on Imports w.e.f. 4 January 2013

01-Cus(NT)/03.01.2013

 

1906

Cotton Exports to Pak

DGFT Relaxes Cotton Export Procedure for Pak due to Congestion at Wagah Border

12-Pol.Cir/03.01.2013

 

1907

DGFT Withdraws Circulars for Testing of Samples of Basmati Rice for Variety Identification

11-Pol.Cir/03.01.2013

 

1908

Export of Grapes, Groundnuts and their Products Requires APEDA Registration

28-Ntfn(RE)/03.01.2013

 

1909

FIEO Opens Three Additional Chapter Offices in Raj, Kerala and Jharkhand

44-PN(RE)/02.01.2013

 

1910

Amendments in Different Forms of Silver SION to Give Uniformity

43-PN(RE)/02.01.2013

 

1911

RBI Revises Softex Procedures for Large Exporters – STPI or SEZ/EPZ/EOU or DTA to Certify Revised Excel Sheets

66-RBI/01.01.2013

 

1912

Specific Safeguard Duty of 20% Imposed on Stainless Steel HR Flats on Account of “Market Disruption”

01-SG/04.01.2013

 

1913

Ahmedabad Excise Intelligence Recovers Rs. 100 crs, Detects Another Rs. 300 crs

DGCEI Ahmedabad Press Note dated 4th January 2013

 

1914

Rupee Forecast to Rise to Rs. 50 per Dollar on Forex Inflows

ABS News Service

 

1915

Proof of Address Rules Streamlined to Speed up Money Transfer in PML Cases

67 and 68 RBI Circular dated 02.01.2013

 

1916

Cold Weather to Boost India Wheat to Record for Seventh Year

ABS News Service

 

1917

Malaysia Exports Rebounded in November on Electronics, Petroleum

ABS News Service

 

1918

Iron Ore Seen Set for Bear Market After Restocking Rally Fades

ABS News Service

 

1919

Gold Little Changed After Rising Most in a Week on China Demand

ABS News Service

 

1920

World Prices of Food and Sugar Fall, Metals Rose in Dec 2012

World Bank Pink Sheet

 

1921

No DGFT Registration for Pharma Grade and Specialty Sugar Exports

29-Ntfn(RE)/11.01.2013

 

1922

Chennai Excise Intelligence Claims Recovers Rs. 76.88 crs, Detects Another Rs. 362 crs

DGCEI, Chennai Press Note dated 9th January 2013

 

1923

Second Hand Machineries Import not Allowed under Government Route FDI

74-RBI/10.01.2013

 

1924

RBI Advises FINnet Gateway ‘go-live’ from 20 October 2012 – Reports in CD Format Treated as Invalid by FIU-IND

73-RBI/10.01.2013

 

1925

Authorised Persons Requires to ‘Go-Live’ from 20 October 2012 for Submitting Suspicious Transaction Reports (STR)

72-RBI/10.01.2013

 

1926

FATF Statement dated 19 October 2012

71-RBI/10.01.2013

 

1927

FATF Updated Statement on Improving Global AML/CFT Compliance

70-RBI/10.01.2013

 

1928

RBI Enhances ECB Limit for NBFC-IFCs under Automatic Route to 75% from 50% Owned Funds

69-RBI/07.01.2013

 

1929

Dollar Exports Fall 1.9% in December 2012, Imports Gain 6.3%

PIB (MoC&I) Press Release dated 11th January 2013

 

1930

14 FDI Proposals Amounting to Rs. 1310.60 crs Approved by FIPB

PIB (MoF) Press Release dated 11th January 2013

 

1931

Japan Unveils 10.3tn Yen Fiscal Stimulus

ABS News Service

 

1932

Disposal of Firearms after 10 Years of Import Allowed in Baggage Cases under Transfer of Residence (TR)

04-CBEC/15.01.2013

 

1933

India Cries Off from Plurilaterals

Loses Future Options in Trade?

ABS News Service

 

1934

India, South Africa agree for Early Finalisation of India-SACU PTA Negotiations

India’s Concerns on Market Access to Bovine Meat

PIB(MoC&I) Press Release dated 14 January 2013

 

1935

Major Recommendations of Expert Committee on GAAR Accepted

ABS News Service

 

1936

Gold Extends Gain on U.S. Debt Concern; Platinum at 3-Month High

ABS News Service

 

1937

Palm Oil Advances as Soybeans Jump Most in Six Months on Supply

ABS News Service

 

1938

Swap Facility for Expansion of Export Credit in Foreign Currency

RBI Press Release dated 14 January 2013

 

1939

Drawback Cap of Rs. 1344 and Rs. 2688 Notified on High Alumina Bricks and Magnesite Carbon Bricks

04-Cus(NT)/15.01.2013

 

1940

Tariff Value

Gold and Silver Up by US$31/10 gms and US$20/kg; RBD Palmolein US$28/MT

03-Cus(NT)/15.01.2013

 

1941

China Defends Export Data after Economists’ Skepticism

ABS News Service

 

1942

World Bank Cuts Growth Forecasts as Developed Nations Lose Steam

ABS News Service

 

1943

Copper Advances First Time in Four Days on Global Recovery Bets

ABS News Service

 

1944

Tariff Value System of Edible Oils Abolished

PIB (MoF) Press Release dated 17 January 2013

 

1945

Rupee Falls to Rs. 55.25 for Customs Valuation on Imports w.e.f 18 Jan 2013

05-Cus(NT)/17.01.2013

 

1946

Cabinet Approves Export of Processed and Value Added Agricultural Products even Cases of Restricted Primary Goods

PIB (MoC&I) dated 17 January 2013

 

1947

Customs and Excise Duty on Gold from Ore to Bars Raised by 2%

·      Basic up to 6% from 4%, CVD 4% from 2%

·      Platinum Rises by 2%

·     Silver Unchanged

Ntfn 01/21.01.2013 and 01-CE/21.01.2013

 

1948

Addl. DGFT Mumbai Issues Check List for Application of EPCG Authorisation

19-TN/11.01.2013

 

1949

FEMA Violation by ADs in ECB Cases

76-RBI/17.01.2013

 

1950

Export Credit of US$20mn to Nigerian Eximp Bank

77-RBI/18.01.2013

 

1951

Export Credit of US$37.90mn to Swaziland for Agriculture Development

75-RBI/15.01.2013

 

1952

DGAD Issues Preliminary Findings on Meta Phenylene Diamine from China on 1 January 2013

No.14/4/2012-DGAD dated 1st January 2013

 

1953

ECB Facility for Hotel Sectors – AD may Certify Project Cost

78-RBI/21.01.2013

 

1954

EEFC Account Holders Permitted to Access Forex Market for Purchasing Forex Exchange only after Utilizing Available Balances in EEFC Account

79-RBI/22.01.2013

 

1955

Pulse Imports for PDS Resumes

PIB (Min of Consumer Affairs, Food & Public Distribution) Press Release dated 22 January 2013

 

1956

Revenue Heads of BRICS Meet in Delhi

ABS News Service

 

1957

Agri Negotiations Push Forward at WTO

New Data on TRQ, Food Security

ABS News Service

 

1958

China Anti-dumping Duties on Steel WTO - Illegal, Japan says

ABS News Service

 

1959

US Challenges Indonesia Import Restrictions on Horticultural, Animal Products

ABS News Service

 

1960

Vietnam Shrimp Industry Faces Continued Hurdles

ABS News Service

 

1961

US-EU Plans Trade Pow Wow

ABS News Service

 

1962

New Uniform Rules for Forfaiting (URF) Comes into Effect on 1 Jan 2013

ICC Paris 7 January 2013

 

1963

Gold Swings Near One-Month High Before U.S. Vote on Debt

ABS News Service

 

1964

Customs Duty on Both Crude and Edible Grades Oils Hiked to 2.5% from Nil

·      Near Doubling of Tariff Value to Market Value

·      Total Impact 5% plus on Invoice Value

·     Our Calculations Show Government to Raise Rs. 2300 crs Customs Revenue on 2011-12 base of Rs. 46,451 crs Import of Vegetable Oils

Ntfn 02/23.01.2013 and
08-Cus(NT)/23.01.2013

 

1965

EHTPs and STPs can File Application to Jurisdictional RAs for Grant of Status Certificate

45-PN(RE)/29.01.2013

 

1966

NRIs can Open Forex Vostro Accounts for Payments of Medical Treatment or Hotels Stay

81-RBI/24.01.2013

 

1967

FII Investments in Govt. Securities and Corporate Debt

80-RBI/24.01.2013

 

1968

No Automatic Conversion of any unsold Sugar Quantity into Levy Sugar

Ministry of Consumer Affairs, Food and Public Distribution, Directorate of Sugar dated 28th January, 2013

 

1969

ICRISAT Decodes Chana (Chickpea) Gene Sequence

PIB (MoA) Press Release dated 28th January 2013

 

1970

India-Bangladesh Sign Revised Extradition Treaty and the Revised Travel Arrangements (RTA) in Dhaka

PIB (MoHA) Press Release dated 28th January 2013

 

1971

FIPB Ok for 4 FDI Proposals Amounting to Rs. 280 crs

PIB (MoF) Press Release dated 28th January 2013

 

1972

Anti-Corruption CBI Raids Prompts Revenue Secretary Letter to CBDT/CBEC Chiefs

Office Memorandum (F.No. C.14014/2/2013-Vig) dated 23rd January 2013

 

1973

RBI Governor Announces Third Quarter Review of Monetary Policy 2012-13

Statement by Dr. D. Subbarao, Governor, Reserve Bank of India

RBI Press Release dated 29th January 2013

 

1974

Four WTO DG Hopefuls Meet Indian Minister at Davos

PIB (MoC&I) Press Release dated 24 January 2013

 

1975

EU in FTA with India, Canada

ABS News Service

 

1976

US-EU Trade Talks may Begin in Obama Second Term

ABS News Service

 

1977

Obama may Push Trans-Pacific Partnership

ABS News Service

 

1978

FIEO Hails Cut in Repo and CRR in Monetary Policy Revision

ABS News Service

 

1979

Cross Border Trade Calculations Cut US Trade Deficit with China

ABS News Service

 

1980

US Pushes Services Plurilateral

ABS News Service

 

1981

Comprehensive Minamata Mercury Treaty Opens for Oct 2013 Signature

ABS News Service

 

1982

Presidential Awards to 37 Officers of the Customs, Central Excise and ED

PIB (MoF) Press Release dated 24 January 2013

 

1983

Palm Oil Climbs as Malaysian Exports Seen Gaining on Zero Tax

ABS News Service

 

1984

Pascal Lamy Calls upon India to Team Up with US to Revive Doha

ABS News Service

 

1985

Facility for Clearance of Import of Gifts by Courier at IGI Airport

No Delay in the Clearance of Gift Parcels

PIB (Min of Finance) Press Release dated 31st January 2013

 

1986

Cabinet Approves Export of Edible Oils from DTA to SEZ Units

PIB (CCEA) Press Release dated 31st January 2013

 

1987

New Airport Terminal at Chennai Inaugurated

PIB Press Release dated 31 January 2013

 

1988

Revolving Bank Guarantee for Duty Free Gold Import Allowed to Established Exporters

DGEP Circular No. 30/2013-Cus dated 31 January 2013

 

1989

No Declaration for Reward Scheme Chapter 3 Benefits in Scheme Cases under Chapter 4-5 of FTP

13-Pol.Cir/31.01.2013

 

1990

DGFT Reintroduces Facility for Setting up of Pvt/Public Bonded Warehouses in SEZ/DTA for Diamonds, Gems and Precious Stones Following Return of Duty Regime

30-Ntfn(RE)/31.01.2013

 

1991

Corrections in VKGUY/FPS Products HS Codes

46-PN(RE)/31.01.2013

 

1992

DGFT Delhi Office Sets Deadlines for Users to Clear Deficiencies Letters

02-TN/21.01.2013

 

1993

Tariff Value Raises on All Palm Oils, Brass Scrap, Gold and Silver

16-Cus(NT)/31.01.2013

 

1994

Japanese Yen Exchange Rates for Customs Valuation w.e.f. 31 Jan 2013

17-Cus(NT)/31.01.2013

 

1995

R.K. Apparels Kolkata Booked for Rs. 150 Lakhs Cenvat

Anti-Evasion Unit Kolkata, Incident Report No. 01 dated 30th January 2013

 

1996

India's Trade Portal

ABS News Service

 

1997

Mauritius Teams Up with India in Textiles

ABS News Service

 

1998

Trade Ministers at Davos Press for “Meaningful Results” in Bali

Trade Ministers Suggest Easter Stocktaking

ABS News Service

 

1999

Four Argentina WTO Disputes Reach Panel Stage

ABS News Service

 

2000

European Commission Proposes Duties on Imports of US Biofuels

ABS News Service

 

2001

WTO Authorises Antigua to Move Forward on Retaliation in US Gambling Dispute

ABS News Service

 

2002

Weaker EU Farm Subsidy “Greening,” Re-coupling Proposed

ABS News Service

 

2003

EU, Latin American Countries Pledge to Boost Trade, Amid Underlying Tensions

ABS News Service

 

2004

Free Export of Processed and Value Added Agricultural Products where Primary Product is Restricted

31-Ntfn(RE)/04.02.2013

 

2005

Exemptions on Edible Oils Export

·      Castor Oil

·      Coconut Oil

·      DTA to EOU/SEZ

·      Minor Forest Produce

·     Peanut Butter

32-Ntfn(RE)/05.02.2013

 

2006

Deemed Export Benefits only for 111 Mega Power Projects Listed in DoR Notification List 32A of 49/2012

14-Pol.Cir/04.02.2013

 

2007

CBEC’s Strategic Plan for the Next Five Years

F.No.503/32/2007-PT.II dated 1st February 2013

 

2008

Anti-dumping Duty on Flexible Slabstock Polyol from USA, Japan and EU Extended upto 4 Feb 2014

01-ADD/04.02.2013

 

2009

CHAs Clearing 1984 Exam not Required to Clear 2004 Exam

06-CBEC/06.02.2013

 

2010

Amendments in CHA Licensing Regulations 2004 – Regulation 8(9) Omitted

19-Cus(NT)/06.02.2013

 

2011

FM Presents WCO Certificates to Revenue Officers

ABS News Service

 

2012

Ministry of Commerce Invites Suggestions from Public on Plastic Scrap in SEZs

ABS News Service

 

2013

Scope of Post Export EPCG Duty Credit Curtailed to only Basic Duty

·      CVD Covered only by CENVAT

·      Exemption of CVD only in Normal Pre Export EPCG Cases

·     Corresponding Customs Notification in Post Export EPCG Scheme Awaited

33-Ntfn(RE)/08.02.2013

 

2014

Amendments in Post Export EPCG Duty Credit Scrip(s) Procedures

48-PN(RE)/08.02.2013

 

2015

Rupee Gains to Rs. 53.50 for Customs Valuation on Imports w.e.f. 8 Feb 2013

20-Cus(NT)/07.02.2013

 

2016

Linen Dyed Fabrics SION Notified

47-PN(RE)/08.02.2013

 

2017

Stone Aggregates to Maldives Stopped as India Retaliates in GMR Airport Case

34-Ntfn(RE)/08.02.2013

 

2018

World Prices of Food and Sugar Fall, Energy and Metals Rise in Jan 2013

World Bank

 

2019

US Taking India at WTO on Solar Panel Products on Local Value Add and Subsidies

ABS News Service

 

2020

Russia-Japan Meat Trade Policies Highlight Food Safety Issues

ABS News Service

 

2021

21 Good Friends Move Forward in Plurilateral Services Accord at WTO

ABS News Service

 

2022

WTO, WHO, WIPO Examine Intersection of Public Health, Intellectual Property, Trade

ABS News Service

 

2023

Nine Vie for WTO DG

ABS News Service

 

2024

Tajikistan to Become 159th WTO Member

ABS News Service

 

2025

China Eclipses U.S. as Biggest Goods Trading Nation

ABS News Service

 

2026

Russia is World No. 1 in Gold Import

ABS News Service

 

2027

Import of Catalyst for One Subsequent Charge under EPCG Allowed

Ntfn 03/13.02.2013

 

2028

Pesticides (Biocides/Fungicides/Herbicides/Insecticides Inputs Deleted from Raw Cotton SION J373

49-PN(RE)/13.02.2013

 

2029

Tariff Value of Palm and Palmolein Oils Raised by US$33-42/MT

Gold and Silver Tariff Value Down by US$10/10 gm and US$15/kg Respectively

21-Cus(NT)/15.02.2013

 

2030

Bangladeshis Can Open NRO Account in India

82-RBI/11.02.2013

 

2031

Loksan, Nagarkata and Kulkuli LCS Notified for Import of Ginger, Orange and Cardamom

18-Cus(NT)/31.01.2013

 

2032

Namkhana as LCS on India-Bangladesh Denotified

06-Cus(NT)/17.01.2013

 

2033

Circular No. 30/2013-Cus Renumbered as Circular No. 5/2013-Cus

05-DGEP Cir./06.02.2013

 

2034

Visakhapatnam Airport Notified for Export Promotion – 31 Notifications Amend to Take this Effect by Ntfn 04 dated 14 Feb 2013

Ntfn 04/14.02.2013

 

2035

Pujari Report on Diamond Trade Released

ABS News Service

 

2036

Revised Food Security Bill to be Placed in the Parliament During Budget Session

PIB (Ministry of Consumer Affairs, Food & Public Distribution) Press Release dated 13th February 2013

 

2037

Marginal Gain in Dollar Exports in Jan 2013, Imports Up by 6%

PIB (MoC&I) Press Release dated 13th February 2013

 

2038

India, France Expect to Conclude India-EU BTIA by Summer 2013

ABS News Service

 

2039

Revenue Scrounges for Collections Lose Buoyancy, Excise at 14% in the Offing

ABS News Service

 

2040

Dept of Revenue Releases Post Export EPCG Duty Credit Scrip after Announcement of Nine Months

DGFT Agrees to Remove CVD from Scope of Scrip

Customs 3% Duty Credit Scrip

Ntfn 06/18.02.2013

 

2041

Excise 3% Duty Credit Scrip

03-CE/18.02.2013

 

2042

Customs Zero Duty Credit Scrip

Ntfn 05/18.02.2013

 

2043

Excise Zero Duty Credit Scrip

02-CE/18.02.2013

 

2044

Budget 2013-2014 Circular from TRU, Department of Revenue

CBEC

 

2045

Seeks to amend notification No. 69/2004-Customs, dated the 9th July, 2004, so as to review the existing entries therein and make necessary changes.

09/01.03.2013

 

2046

Seeks to amend notification No. 75/2005-Customs, dated the 22nd July, 2005 so as to make editorial changes in column (2) of S. No. 118, to align it with HS 2012.

10/01.03.2013

 

2047

Seeks to amend notification No. 9/2012-Customs, dated the 9th March, 2012, so as to revise the variation limit in respect to height and circumference in case of reimport of cut and polished diamond.

11/01.03.2013

 

2048

Seeks to amend notification No. 12/2012-Customs, dated the 17th March, 2012, so as to make necessary changes in the specified entries therein.

12/01.03.2013

 

2049

Seeks to rescind the notifications No. 19/2012-Customs, dated the 17th March, 2012, and No. 20/2012-Customs, dated the 17th March, 2012.

13/01.03.2013

 

2050

Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994, so as to exempt “Trophy” when imported into India by the National Sports Federation or any other registered sports body, for being awarded to the winning team in the international tournament to be held in India.

14/01.03.2013

 

2051

Seeks to amend notification No.27/2011-Customs, dated the 1st March, 2011, so as to specify effective rates of export duty on specified goods.

15/01.03.2013

 

2052

Seeks to further amend notification No. 30/98-Customs (N.T.), dated 2nd June, 1998, so as to raise the value limit of Jewellery allowed duty free to an Indian passengers who has been residing abroad for more than one year.

25-Cus(NT)/01.03.2013

 

2053

Seeks to amend notification No. 17/2007- CE, dated the 1st March, 2007 so as to increase the compound levy rate of duty for Stainless pattis/pattas from Rupees Thirty Thousand to Rupees Forty Thousand per cold rolling machine, per month.

05-CE/01.03.2013

 

2054

Seeks to rescind notification No. 20/2011- CE, dated the 24th March, 2011 relating to 1% excise duty on Mobile handsets including Cellular phones.

06-CE/01.03.2013

 

2055

Seeks to provide exemption to intermediate goods captively consumed in the manufacture of goods by units availing Area Based Exemption in the State of Himachal Pradesh and Uttarakhand.

07-CE/01.03.2013

 

2056

Seeks to amend notification No. 7/2012- CE, dated the 17th March, 2012, so as to prescribe 6% rate of excise duty to branded readymade garments and made ups of cotton, not containing any other textile materials.

08-CE/01.03.2013

 

2057

Seeks to amend notification No. 1/2011- CE, dated the 1st March, 2011, so as to omit the entry relating to specified goods.

09-CE/01.03.2013

 

2058

Seeks to amend notification No. 2/2011-CE, dated the 1st March, 2011, so as to omit the entry relating to handmade carpets and other carpets and floor coverings of Jute and Coir.

10-CE/01.03.2013

 

2059

Seeks to amend notification No.30/2004-CE, dated the 9th July, 2004, so as to provide ‘zero excise duty route’ to branded ready- made garments and made-ups.

11-CE/01.03.2013

 

2060

Seeks to amend notification No. 12/2012 – CE, dated the 17th March, 2012, so as to make necessary amendments in the specified entries thererin.

12-CE/01.03.2013

 

2061

Seeks to amend notification No. 49/2008- CE (N.T.), dated the 24th December, 2008, so as to prescribe MRP based assessment with 35% abatement thereon, for branded medicaments used in Ayurvedic, Unani, Sidha, Homeopathic or Bio-Chemic systems and to align the tariff lines relating to Pressure Cooker with HS 2012.

01-CE(NT)/01.03.2013

 

2062

Seeks to further amend the notification No. 04/2002-CE (N.T.), dated 1st March, 2002 so as to make provision for interest on refund, subject to sub-rule (6), arising out of an order of final assessment under sub-rule (3) of rule 7 of the Central Excise Rules, 2002.

02-CE(NT)/01.03.2013

 

2063

Seeks to amend the notification No. 23/2004-CE (N.T.), dated 10th September, 2004, so as to provide a mode of recovery of CENVAT credit wrongly taken, under the CENVAT Credit Rules, 2004.

03-CE(NT)/01.03.2013

 

2064

Seeks to notify “the resident public limited company” as a class of persons under the sub-clause (iii) of clause (c) of section 23A of Central Excise Act, 1944.

04-CE(NT)/01.03.2013

 

2065

Second Hand Capital Goods and Second Hand Goods Policy Clarified

35-Ntfn(RE)/28.02.2013

 

2066

Handbook of Procedures on Import of Second Hand Capital Goods Deleted Following Amendments of Para 2.17 in FTP

50-PN(RE)/28.02.2013

 

2067

Used Rails Import Allowed subject to Pre Inspection Condition

36-Ntfn(RE)/28.02.2013

 

2068

Focus Product Benefit of 5% to Set Top Box

51-PN(RE)/05.03.2013

 

2069

Stainless Steel HR Flats Safeguard Final Findings Extended upto 25 May 2013

24-Cus(NT)/26.02.2013

 

2070

Afghanistan Included in SAFTA Rules of Origin

27-Cus(NT)/01.03.2013

 

2071

Bank Guarantee Only where Penalty Imposed at Last Stage of Adjudication

08-CBEC/04.03.2013

 

2072

Tariff Value Down on Gold (US$ 14/10 gm) and Silver (US$ 59/kg)

Tariff Value on Palm Oils and Brass Scrap Raised

26-Cus(NT)/01.03.2013

 

2073

Form ST-3 for Service Tax Amended

01-ST/22.02.2013

 

2074

Central Bureau of Narcotics Rajasthan Seizures 4.500 kgs of Opium

Central Bureau of Narcotics, Rajasthan Press Note dated 4th March 2013

 

2075

Enforcement Affected Parties Allowed ECB

87-RBI/05.03.2013

 

2076

Guidelines for Forex Exposure Limits of Authorised Dealers Category-I

86-RBI/01.03.2013

 

2077

RBI Extends RDAs under Speed Remittance Procedure to Exchange Houses Situated in All Countries which are FATF Compliant

85-RBI/28.02.2013

 

2078

KYC Norms under Prevention of Money Laundering Act, 2002

84-RBI/22.02.2013

 

2079

Rupee Falls to Rs. 55.15 for Customs Valuation on Imports w.e.f 8 March 2013

28-Cus(NT)/07.03.2013

 

2080

CBEC Explanation on Post Export EPCG Duty Credit Scrip(s) Scheme – Commissioner to Check 10% Cases Randomly for Misuse

10-CBEC/06.03.2013

 

2081

Diamond Trading Hubs in Customs Bonded Warehouses

11-CBEC/06.03.2013

 

2082

Chennai DGCEI Recovers Rs. 100 crores from Excise Duty and Service Tax Evaders

DGCEI Chennai, Chennai Press Note dated 7 March 2013

 

2083

Plurilateral IT Talks May Conclude by Dec Bali Ministerial

ABS News Service

 

2084

GPA Implementation in Bali

ABS News Service

 

2085

WTO Members Discuss LDC Extension Proposal

ABS News Service

 

2086

Solar Glass Spat Renews EU-China Trade Tensions

ABS News Service

 

2087

Tobacco Plain Packaging Debate Heats Up Again

ABS News Service

 

2088

Food Stockholding Talks Intensify as Unofficial Deadline Looms

ABS News Service

 

2089

Exporters Allowed to Write Off 10% of Outstanding in 7 Cases subject to 4 Conditions in “Self Write-off” RBI Relaxation

88-RBI/12.03.2013

 

2090

Amendments in SCOMET List

37-Ntfn(RE)/14.03.2013

 

2091

SEBI Permits Maintenance of Collateral by FIIs for Transactions in the Cash and F&O Segments

90-RBI/14.03.2013

 

2092

RBI Issues Revised Guidelines for Money Transfer Service Scheme

89-RBI/12.03.2013

 

2093

Ojhar (Mah) Airport Notified for Defence Personnel Baggage Loading and Unloading

29-Cus(NT)/11.03.2013

 

2094

Pak Bags GC Chair at WTO

ABS News Service

 

2095

India to Replace Iran Oil Following US Pressure

ABS News Service

 

2096

Budget 2013 and Textiles

ABS News Service

 

2097

Customs and Excise Offices to be Opened on 29-30-31 as a Special Case to Provide Services in Holiday Week 25 to 31 March 2013

F.No. 296/42/2013-CX.9 dated 15th March 2013

 

2098

No Deemed Exports Excise Duty (TED) in Exemption Cases

16-Pol.Cir/15.03.2013

 

2099

Tariff Value on Brass Scrap Down by US$102/MT, Palmolein US$40/MT and Crude Soyabean Oil US$55/MT

30-Cus(NT)/15.03.2013

 

3000

Copyright Registration Fee Raised Ten Times with Rs. 500 Minimum

Ministry of Human Resource Development, PIB Press Release dated 18th March 2013

 

3001

Rupee Gains to Rs. 54.95 for Customs Valuation on Imports w.e.f. 22 March 2013

31-Cus(NT)/21.03.2013

 

3002

Safety Standards and Compulsory Registration for Imports of 15 Electronics Products Extended by 3 months to 3 July 2013

Compounding Fee to Cover Six Months Transaction Period Till 30 Oct for Registration Time

Department of Electronics and Information Technology (DeitY) Notification dated 20 March 2013

 

3003

New Foreign Trade Policy on 4 or 5 April

Sharma Calls for New Market Penetration

PIB (MoC&I) Press Release dated 22 March 2013

 

3004

WTO Plans Bali Pack Around Trade Facilitation, Food Security and LDC

ABS News Service

 

3005

Japan Joins 11 in TPP Trade Talk Support Monetary Easing and Fiscal Stimulus Actions

ABS News Service

 

3006

Atomic Energy Substances Export under Atomic Energy Act, 1962 and 18 January 2006 Notification

PIB (Department of Atomic Energy) Press Release dated 20th March 2013

 

3007

Copper Concentrates

PIB (Department of Atomic Energy) Press Release dated 20th March 2013

 

3008

Provisional Anti-dumping Duty Imposed on Meta Phenylene Diamine from China

02-ADD/22.03.2013

 

3009

Another Five Years of Anti-Dumping Duty on Flat Base Steel Wheels from China

03-ADD/26.03.2013

 

3010

Zero Duty Pulses Import Extended Upto 1 April 2014

Ntfn 18/26.03.2013

 

3011

Prohibition on Export of Pulses (Except Kabuli Chana) Extended by One More Year to 31 March 2014

38-Ntfn(RE)/25.03.2013

 

3012

10,000 MTs of Organic Edible Oils Export Permitted

39-Ntfn(RE)/25.03.2013

 

3013

Zero Customs Duty for Air-to-Air Missile ASTRA Project of Defence Ministry

Ntfn 16/25.03.2013

 

3014

Zero Excise Duty for Air-to-Air Missile ASTRA Project of Defence Ministry

13-CE/25.03.2013

 

3015

Indo-Japan CEPA Concessional Duty on 806 Items Slashed to 0.5%-9% - Effective from 1 April 2013

Ntfn 17/26.03.2013

 

3016

BRICS Seek to Cement Position in Global Economic Landscape

ABS News Service

 

3017

Central Board of Excise and Customs (CBEC) Offices to Remain open on 29th, 30th & 31stmarch, 2013

PIB (MoF) Press Release dated 28th March 2013

 

3018

India and Liechtenstein Sign Tax Information Exchange Agreement (TIEA)

PIB Press Release dated 28th March 2013

 

3019

FTP Pushed Back by Two Weeks to Third Week of April as Ministries of Commerce and Finance Talk

PIB (MoC&I) Press Release dated 2nd April 2013

 

3020

24x7 Customs Clearance for Perishable Agri Exports, No Examination at Customs Gate in Normal Cases

12-CBEC/02.04.2013

 

3021

Only Common Boundary Land in Adjoining Plot can be used for Expansion in Zero Excise Zones

968-CBEC/01.04.2013

 

3022

Tariff Value of RBD Palmolein and Silver Down

Gold Tariff Value Up by US$5 per 10 gms

32-Cus(NT)/28.03.2013

 

3023

Five New Pre-shipment Agencies Notified

52-PN(RE)/28.03.2013

 

3024

RBI Merges Broadbands FII Debt Categories

94-RBI/01.04.2013

 

3025

Export Credit of US$15mn to Benin

93-RBI/01.04.2013

 

3026

Export Credit of US$5mn to Cuba

92-RBI/01.04.2013

 

3027

Export Credit of US$42mn to Cameroon

91-RBI/01.04.2013

 

3028

Rupee Gains to Rs. 54.90 for Customs Valuation on Imports w.e.f. 5 April 2013

35-Cus(NT)/04.04.2013

 

3029

G.S. Sarna Appointed as DG China Specific Safeguards and General Safeguards

33-Cus(NT)/02.04.2013; 34-Cus(NT)/02.04.2013

 

3030

Kattupalli (TN) Sea Port Notified for Export Promotion

Ntfn 20/03.04.2013

 

3031

Yemen Included in LDC List

Ntfn 19/02.04.2013

 

3032

Counter Timings for Submission of Applications at Addl. DGFT Mumbai

20-TN/18.03.2013

 

3033

Service Tax Crackdown on Oil Exploration Services, L&T Sub-contractors

PIB (MoF) Press Release dated 4th April 2013

 

3034

Signal Convertors for Sat Broadcasts (LNB Convertors) Fall in Electrical Machines nes under 8543 70 and not 8525 or 8529

13-CBEC/05.04.2013

 

3035

JS (DBK) Tells Officers not to Stop Summoning Exporters for Bank Realization, Advices “Rely upon Documentation”

CBEC Instruction/04.04.2013

 

3036

World Prices of Energy, Food and Metals Fall in March 2013

World Bank

 

3037

Implementation of Bar Coding on Drugs and Pharma Export Consignments Postponed to 1 July 2014

54-PN(RE)/05.04.2013

 

3038

8587 MTs Quota Sugar to USA through ISGEC Released

53-PN(RE)/05.04.2013

 

3039

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 73.141761 per Rouble from 18 March 2013

95-RBI/04.04.2013

 

3040

Sale of Indian Rupees to Foreign Tourists Against International Credit Cards Allowed

96-RBI/05.04.2013

 

3041

Chennai DGCEI Claims Rs. 126 Crores Recovered from Excise and Service Tax Evaders During the FY 2012-13

DGCEI Press Note dated 4th April 2013

 

3042

Two Pet Animals with Health Certificate only in TR Cases

15-CBEC/08.04.2013

 

3043

Seconds of Hot Dipped GI Sheets/Coils not Permitted for Import – IS: 227 Covers All Forms of Hot Dipped GI Sheets, Electro GI Sheets not in Hit List

14-CBEC/05.04.2013

 

3044

BIS Certificate Mandatory for Universal Beam and Angle (L Section) Structural Steel w.e.f. 31 March 2013

Ministry of Steel Order dated 21st March 2013

 

3045

Steel Products QC Order Implementation Extended to 1 Oct 2013 for Sensitive Goods

Ministry of Steel Order dated 28th March 2013

 

3046

Anand Sharma Defends IP Flexibility in India at WIPO

India Accedes to Madrid Protocol for Trade Mark Registration the World Over with One Application

PIB (MoC&I) Press Release dated 8th April 2013

 

3047

Iran Turns to Gas Exports to Pak and Turkey

ABS News Service

 

3048

DGCEI Claims Rs. 100 crs Fraud Cenvat Credit Detection in Ship Scrap Cases

Dealer-Re-rolling Mill-Furnace Unit Nexus Alleged

PIB (MoF) Press Release dated 8th April 2013

 

3049

ITA Expansion Talks Aim for Final Product List by July

ABS News Service

 

3050

Kazakhstan WTO Accession in Bali Ministerial

ABS News Service

 

3051

World Trade Crashes by 60% in 2012, Grows only 2% Compared to 5.2% in 2011

·     Weak Europe Pulls Demand Down

·      2013 Forecast 3.3% Based on US Growth

·     India Clocks Highest Fall of -3% in Exports and Largest Rise of 5% in Imports, Gains Three Ranks to Become 10th Largest Importer in the World

ABS News Service

 

3052

Minimum Volumes for Waiver of Customs Staff Cost Recovery Charges at Sea Ports, Air Cargo and Courier Terminals

16-CBEC/10.04.2013

 

3053

Steel Standard for Seconds of Hot Dipped Sheet is IS: 277 and not IS: 227

Corrigendum dated 10 April 2013 to 14-CBEC/05.04.2013

Corrigendum dated 10th April 2013

 

3054

Japanese Yen Exchanges Rate for Customs Valuation w.e.f 11 April 2013

36-Cus(NT)/10.04.2013

 

3055

Anand Sharma Demands Internal Balance in the Trade Facilitation Proposal

Calls for LDC Package as Part of Bali Ministerial

Meets Key WTO Ambassadors in Geneva

PIB (MoC&I) Press Release dated 9th April 2013

 

3056

Octagonal Steel Columns for Lamp Posts for Public Street Lighting are Steel Structures in 7308 90 90

17-CBEC/11.04.2013

 

3057

Anti-dumping Duty on Sulphur Black from China by One Year to 10 April 2014 Pending Review

05-ADD/10.04.2013

 

3058

Anti-dumping Duty on Sodium Nitrite from EU Extended by Another Year to 10 April 2014 Pending Review

04-ADD/10.04.2013

 

3059

Dept of Revenue Issues New CESTAT Appeal Forms for Excise, Customs and Service Tax – Effective from 1 June 2013

969-CBEC/11.04.2013

 

3060

New Form of Appeal in Customs Cases to the Appellate Tribunal – Form No. C.A.-5 Notified

37-Cus(NT)/10.04.2013

 

3061

New Form of Appeal in Excise Cases to the Appellate Tribunal – Form No. E.A.-5 Notified

06-CE(NT)/10.04.2013

 

3062

New Form of Appeal in Service Tax Cases to the Appellate Tribunal – Form No. S.T.-5 Notified

05-ST/10.04.2013

 

3063

Dept. of Revenue Extends the Date of Submission of Form ST-3 from 15 April 2013 to 30 April 2013

Service Tax Order No. 02/12.04.2013

 

3064

Import Credits upto 5 Years for Infrastructure Sector will Continue Till June 30, 2013

98-RBI/09.04.2013

 

3065

Export Credit of US$76.50mn to Malawi

97-RBI/09.04.2013

 

3066

Bank of Japan Monetary Plans Fuel Currency Debate

ABS News Service

 

3067

Japan TPP Bid Receives Green Light from Mexico

ABS News Service

 

3068

Tariff Value of Gold (US$22/10gm) and Silver (US$30/kg) Down

38-Cus(NT)/15.04.2013

 

3069

Another Five Years of Anti-dumping Duty on Plain Gypsum Plaster Boards from China, Indonesia, Thai and UAE

06-ADD/12.04.2013

 

3070

Service Tax Applicable on Pandal Erection

168-ST/15.04.2013

 

3071

Anti-dumping Investigation on Clear Float Glass from Pak, Saudi Arabia and UAE

Initiation Notification – No.14/25/2012-DGAD dated 11th April 2013

 

3072

Foreign Trade Policy Annual Supplement 2013 Announced on 18 April 2013

Highlights of Annual Supplement 2013 to FTP 2009-14

Speech by Indian Commerce Minister at the Release of Annual Supplement to FTP 2009-14 on 18 April 2013

dgft.gov.in

 

3073

DGFT Releases Notifications on FTP Detail

DGFT Issues New Chapter for Zero Duty EPCG under FTP 2013-14 - Provisions

 

01-Ntfn(RE)/18.04.2013

 

3074

DGFT Issues New Chapter for Zero Duty EPCG under FTP 2013-14 – Procedures

01-PN(RE)/18.04.2013

 

3075

Anti-dumping and Safeguard Duty Exemption to Advance Licence (DFIA) Available only Actual Users, No Exemption After Transfer

No Advance Authorizations for Energy Import

02-Ntfn(RE)/18.04.2013

 

3076

Incremental Exports Incentivisation Scheme (IEIS) for 2013-14

Amendments in Duty Credit Scrips to Chapter 3 of FTP

03-Ntfn(RE)/18.04.2013

 

3077

No TED Refund under Deemed Exports when ab initio Exemption Available

04-Ntfn(RE)/18.04.2013

 

3078

Cars Manufactured Prior to 1st Jan 1950 can be Imported Free Subject to Actual User Condition

05-Ntfn(RE)/18.04.2013

 

3079

ICD Faridabad and Ennore Port Notified for Import of New Vehicles

06-Ntfn(RE)/18.04.2013

 

3080

Clubbing of Advance Licences Issued between 1 April 2002 and 31 May 2012 Allowed

02-PN(RE)/18.04.2013

 

3081

VKGUY and FPS Insertions

03-PN(RE)/18.04.2013

 

3082

Validity of Zero Duty EPCG Authorisation Extended to 18 Months from 9 Months

04-PN(RE)/18.04.2013

 

3083

Sub Contracting for IT Units Allowed

05-PN(RE)/18.04.2013

 

3084

DGFT Invites Suggestions on ITC (HS) Coding from Stakeholders on Draft VKGUY, FPS and MLFPS

01-TN/18.04.2013

 

3085

Gold and Silver Tariff Value Down by US$50/10 gms and US$128/kg Respectively

39-Cus(NT)/17.04.2013

 

3086

Rupee Gains to Rs. 54.50 for Customs Valuation on Imports w.e.f 19 April 2013

40-Cus(NT)/18.04.2013

 

3087

Zero Duty Pre Export 2013-14 EPCG Customs Notification Notified

Ntfn 22/18.04.2013

 

3088

Zero Duty Post Export 2013-14 EPCG Duty Credit Scrip Notified

Ntfn 23/18.04.2013

 

3089

No Capital Goods Import under Zero Duty EPCG for Power Sector

07-Ntfn(RE)/18.04.2013

 

3090

Customs Notifications in Served from India Scheme, Agri Infrastructure, DFIA and Status Holders Incentive Scrip Amended to Align with FTP 2013-14

Ntfn 24/18.04.2013

 

3091

DGFT Extends Utilisation of 4% Re-credited SAD Till 30 September 2013 by Exporters

06-PN(RE)/18.04.2013

 

3092

Zero Duty Concessions Extended to 5 Handloom Materials and Sports Goods

Ntfn 21/18.04.2013

 

3093

Anti-dumping Duty on Barium from China – Corrections in Exporters Name

07-ADD/18.04.2013

 

3094

Another Five Years of Anti-dumping Duty on Soda Ash from Russia and Turkey – Final Findings

08-ADD/18.04.2013

 

3095

Service Tax Exemption on FMS Duty Credit Scrip under Sec 66B of Finance Act 1994

06-ST/18.04.2013

 

3096

Zero Service Tax on FPS Duty Credit Scrip under Sec 66B of Finance Act 1994

07-ST/18.04.2013

 

3097

Zero Service Tax on VKGUY Duty Credit Scrip under Sec 66B of the Finance Act 1994

08-ST/18.04.2013

 

3098

DGFT Gets Personal Hearing Powers as Last Stage Resort Authority to Redress Grievances in Move to Clear Bottlenecks

08-Ntfn(RE)/22.04.2013

 

3099

Domestic Procurement at Zero Excise Duty in Post Export 2013-14 EPCG Notified

14-CE/18.04.2013

 

4000

Nine Tariff Lines Import Restricted as Ozone Depleting Substances

09-Ntfn(RE)/22.04.2013

 

4001

Retreaded Tyres Policy Streamlined

10-Ntfn(RE)/22.04.2013

 

4002

Eicosapentaenoic Acid (EPA) and Docosaphexaenoic Acid (DHA) Content in Refined Fish Body Oil Standard Revised to not Less than 5% by Weight

11-Ntfn(RE)/22.04.2013

 

4003

Amendments in Served from India, AIIS and SHIS Schemes Excise Notifications

15-CE/18.04.2013

 

4004

Anand Sharma Launches 21 New Textiles Parks

PIB (Ministry of Textiles) Press Release dated 23rd April 2013

 

4005

Lok Sabha Passes Finance Bill without Debate

Press Note dated 30.04.2013

 

4006

Last date for ST-3 Return Filing for Q1 Extended to 31st August 2013 Pending Issue of New Form

Press Note dated 24.04.2013

 

4007

Last Date for Use of SAD Credited DEPB Extended to 30 Sept

Disposal of SAD Refund Cases Thru DEPB to be Cleared by 30 June

18-CBEC/29.04.2013

 

4008

Tariff Value of Gold Raised by US$23 per 10 gms

50-Cus(NT)/26.04.2013

 

4009

Anti-dumping Duty on Carbon Black Hiked in Review, Measure Valid till July 2014

09-ADD/26.04.2013

 

4010

RBI Extends Overseas Investment Facility in Oil Sectors by Navratna PSUs, OVL and OIL without any Limits under Automatic Route

99-RBI/23.04.2013

 

4011

RBI Clarification on Overseas Direct Investments

100-RBI/25.04.2013

 

4012

Rupee Falls to Rs. 54.65 for Customs Valuation on Imports w.e.f 3 May 2013

52-Cus(NT)/02.05.2013

 

4013

Tariff Value of Brass Scrap and Palm Oil Down

Gold and Silver Tariff Value Up by US$5/10 gms and US$26/kg Respectively

51-Cus(NT)/30.04.2013

 

4014

Liechtenstein First to Ratify Amendment to the WTO Agreement on Government Procurement

ABS News Service

 

4015

No Classification of Life Saving Medicine in DPCO

ABS News Service

 

4016

Lok Sabha Introduces National Food Security Bill Amendments

ABS News Service

 

4017

Verdyl Acetate SION Notified

07-PN(RE)/01.05.2013

 

4018

Cross Border Inward Remittance under Money Transfer Service Scheme

FATF Statement dated 22 Feb 2013

102-RBI/02.05.2013

 

4019

FATF Updated Statement on ‘Improving Global AML/CFT Compliance: On-going Process’

101-RBI/02.05.2013

 

4020

Chidambaram Asks for More ADB Funds for South Asia Cooperation

ABS News Service

 

4021

ICC Lays Out New Bank Payment Obligation Rules

ABS News Service

 

4022

India Calls Domestic Food Subsidy Margins in AoA Talks for Bali

ABS News Service

 

4023

Geneva Debates Energy Trade Rules

ABS News Service

 

4024

Ex Citi Banker Michael Froman for USTR

ABS News Service

 

4025

WIPO Conference on Genetic Resources to Discuss Draft Law

ABS News Service

 

4026

China Names Yuan Convertibility Plan as Goal This Year

ABS News Service

 

4027

April Sees Steep Fall in World Commodity Prices, Precious Metals Crash by 7.7%

World Bank

 

4028

Plastic Polymers Duty Up by 2.5% to 7.5%

Steel Scrap and Aluminium Scrap Duty Hiked 2.5%

Zero Duty on LNG and NG Import for Electrical Energy Generation

Ntfn 25/08.05.2013

 

4029

Spl CVD of 4% Exemption on Brass Scrap Withdrawn

Ntfn 26/08.05.2013

 

4030

Abatement for Cash Sales

09-ST/08.05.2013

 

4031

Anti-dumping Duty on Phenol from EU and Singapore Withdrawn, South Africa only Till 30 Oct 2013

10-ADD/03.05.2013

 

4032

SEZs Account for 29% in All Exports

PIB (MoC&I) Press Release dated 8th May 2013

 

4033

India-US to Spar on Steel, Poultry at WTO

PIB (MoC&I) Press Release dated 8th May 2013

 

4034

Excise Duty Slashed to Nil from 6% on Roofing Tiles and Bricks

·      Steel for Shipbuilding – Nil

·      Jaggery Powder – 6%

·     Flattened Bamboo Boards and Bamboo Flooring Tiles – 6%

16-CE/08.05.2013

 

4035

Sodium Dithionate (Hy-drose) Input under SION G-7 and G-46 Deleted

10-PN(RE)/07.05.2013

 

4036

Amyl Salicylate SION in Chemical Group Notified

09-PN(RE)/06.05.2013

 

4037

SION Verdyl Propionate in Chemical Group Notified

08-PN(RE)/06.05.2013

 

4038

Visvesvaraya Trade Promotion Centre Bangalore and its Two Branches Enlisted as Authorised Agencies for COO (Non Preferential)

11-PN(RE)/07.05.2013

 

4039

Two New Pre Shipment Inspection Agencies (PSIA) Notified

12-PN(RE)/08.05.2013

 

4040

Disposable Sterilized Dialyzer and Microbarrier for Filtering Blood Classified in 8421 2900

19-CBEC/09.05.2013

 

4041

Safeguard Duty Investigation on Jindal Pipe Case Initiated

Safeguard Initiation F.No. D-22011/17/2012 dated 22nd April 2013

 

4042

Deepak Nitrite Files for Safeguard Duty on Sodium Nitrite

Safeguards Initiation F.No. D-22011/03/2013 dated 17th April 2013

 

4043

RBI Says No Credit for Gold Import, Pay Cash

103-RBI/13.05.2013

 

4044

Specific Duty Floor on Cashew Kernel

Ntfn 27/10.05.2013

 

4045

Supari Minimum Price Hiked to Rs. 110 from Rs. 75 per kg

12-Ntfn(RE)/13.05.2013

 

4046

Dollar Exports Rise 1.68%, Imports 10.96% in April 2013

PIB (MoC&I) Press Release dated 13th May 2013

 

4047

Duty Evasion by Various Copper Pthalocyanine Crude (CPC) Blue Manufacturers Claims Ahmedabad DGCEI

DGCEI Ahmedabad Press Note dated 13th May 2013

 

4048

EU Plans Provisional Anti-Dumping Duties on Chinese Solar Panels

ABS News Service

 

4049

General Council Appoints Azevêdo as Next Director-General, Lamy Pledges Smooth Transition

ABS News Service

 

4050

WTO Appellate Body Rules against Canada in Renewable Energy Case

ABS News Service

 

4051

Cuba Lodges WTO Challenge on Australia Plain Packaging Rule

ABS News Service

 

4052

Ukraine Tops IP Offender List, while Canada and Israel Show Improvement

ABS News Service

 

4053

Bolivia, Ecuador Advance in Efforts to Join Mercosur

ABS News Service

 

4054

Tablet Computers Classified in 8471 30

20-CBEC/14.05.2013

 

4055

Service Tax Voluntary Compliance Encouragement Scheme 2013 Notified

10-ST/13.05.2013

 

4056

Argentina Files Against EU Biodiesel Case

ABS News Service

 

4057

Senators Urge Obama to Press Iran by Increased Sanctions

ABS News Service

 

4058

WTI Crude Declines as Fuel Demand Drops Amid Economic Weakness

ABS News Service

 

4059

Rupee Falls to Rs. 55.30 for Customs Valuation on Imports w.e.f. 17 May 2013

54-Cus(NT)/16.05.2013

 

4060

DGFT Notifies EPCH as Certifying Agency for Wood Procurement from Legal Sources

13-Ntfn(RE)/14.05.2013

 

4061

Oil Exploration Clarifications against Condition Nos. 41, 43 and 44 in 12/2012

·      Transfer of Exempted Goods from Project to Project Allowed

·      Re-export

·      Companies in Consortium can Import Individually

·     Sub-contractor Name in Essentiality Certificate Not Required

21-CBEC/16.05.2013

 

4062

Transfer of Exempted Goods from Project to Project Allowed

Ntfn 28/16.05.2013

 

4063

Tariff Value of Oil, Brass Scrap, Gold and Silver Fall as Global Prices Crash

53-Cus(NT)/15.05.2013

 

4064

DGFT Notifies Form ANF-3F for 2% Incremental Export Incentive Scheme

·      CA Certificate with Proofs of Payment, Landing Required

·     50 Europe, 41 Asia and USA as Destinations Listed for Q1 2013 Scheme

13-PN(RE)/17.05.2013

 

4065

Excise Free Goods on Sale in Duty Free Shops in India against Rs. 35K Baggage Allowance

·      Measure to Make Indian TVs Competitive with Bangkok and Singapore Baggage Goods

·     No Export Status, Only Excise Exemption to Supplies

19-CE/23.05.2013

18-CE/23.05.2013

07-CE(NT)/23.05.2013

08-CE(NT)/23.05.2013

09-CE(NT)/23.05.2013

 

4066

Zero Duty on Oil Cake/Oil Cake Meal Import upto 30 Sept 2013

Ntfn 30/21.05.2013

 

4067

Tariff Value of Gold Down by US$26 per 10 gms

55-Cus(NT)/21.05.2013

 

4068

Chief Commissioners to Ensure Monthly DTR to DGCIS

CBEC Instruction dated 21 May 2013

 

4069

Second Task Force on Transaction Cost under DGFT Pujari

Trade Notice 02/20.05.2013

 

4070

DGFT Liberalises Transfer/Sale of Weapons Imported by Shooters subject to NRAI Certification

Public Notice No. 14 (RE 2013)/2009-2014 dated 17 May 2013

 

4071

Anti-dumping Duty on Peroxosulphates Hiked in Review – Measure Valid for Five Years

Duty Shifted to Dollar per MT from Rupee per Kg

Notification No. 11 /2013-Customs (ADD) dated 16 May 2013

 

4072

Service Tax Exemption Applicable on FPS, FMS, VKGUY and SHIS under FTP 2009-14

Ref: Notification 29/2013-Customs dated 16 May 2013

 

4073

Amendments in Served from India, FMS, VKGUY and FPS Schemes Excise Notifications

17-Central Excise dated 16 May 2013

 

4074

Issue of Equity Share under FDI – Payment should be made by Foreign Investor to the Company Directly or through Bank

A.P. (DIR Series) Circular No. 104 dated May 17, 2013

 

4075

New Standards for Import of Bulk Drugs into EU - Legislation come into Force from 2 July 2013

Press Release dated 23 May 2013

 

4076

Software Export Realisation Period Cut to 9 months from 12 Months – Valid Till 30 Sept.2013

RBI Circular 105/20.05.2013

 

4077

Reporting for Liberalised Remittance Scheme

RBI Circular 106/23.05.2013

 

4078

Cosmetics Import Registration Rules w.e.f 31 March 2013

cdsco.nic.in

 

4079

Narcotics Controlled Substances

Notification dated 26 March 2013

 

4080

Two percent Rupee Export Credit Interest Rate Subvention Widened for 6 Textiles and 101 Engg Goods for the period 1 April 2013 to 31 March 2014

DBOD.Dir.BC.No.94/ 04.02.001/2012-13 dated 24 May 2013

 

4081

India, Iran Talk to Smooth Oil Flow, Remove Insurance Hurdle

ABS News Service

 

4082

EU-India Trade Talks Stumble

ABS News Service

 

4083

Trade Probe into China Telecoms May Be Imminent, EU Commission Warns

ABS News Service

 

4084

EU Considering Duties on Imports of Biodiesel from Indonesia, Argentina

ABS News Service

 

4085

Kituyi Next UNCTAD Head

ABS News Service

 

4086

EU-China Solar Row Escalates, Settlement Rumours Fly

ABS News Service

 

4087

COOL Compliance Deadline Renews Meat Labelling Debate

ABS News Service

 

4088

CBEC Issues Procedure for Excise Duty Free Shops against Rs. 35k Baggage Allowance

970-CBEC/23.05.2013

 

4089

RC Submission for Export of Cotton, Rice, Wheat and Sugar Online Mandatory from 1 July 2013

03-TN/28.05.2013

 

4090

Transhipment of Direct Goods Movement from Gateway Port to CFS Allowed

22-CBEC/24.05.2013

 

4091

DGFT Issues Clarifications on Deemed Export Benefits under Para 8.2(f) of FTP

01-Pol.Cir/29.05.2013

 

4092

Service Tax Voluntary Compliance Encouragement Scheme Clarifications

169-ST/13.05.2013

 

4093

Corrigendum dated 30 April 2013 to Ntfn 51-ADD/03.12.2012

Corrigendum/30.04.2013

 

4094

Loading and Unloading Goods at Madurai Airport

56-Cus(NT)/28.05.2013

 

4095

Food Security for Poor cannot be Compromised, Anand Sharma Tells WTO Chief

PIB (MoC&I) Press Release dated 30th May 2013

 

4096

Joint Statement on Prime Minister's Visit to Thailand on 30-31 May 2013

PIB (PM Office) Press Release dated 30th May 2013

 

4097

India Bans Luxury Goods Trade with North Korea, Updates Trade Restrictions

14-Ntfn(RE)/31.05.2013

 

4098

Tariff Value of Crude, RBD Palm Oil and Gold Up

Brass Scrap (US$51/MT) and Silver (US$24/kg) Tariff Value Down

57-Cus(NT)/31.05.2013

 

4099

Agri Bio Security Bill Proposed to Control Pesticide Trade

PIB (MoA) Press Release dated 3rd June 2013

 

4100

EU Slaps Dumping Duties on Biodiesel from Argentina, Indonesia

ABS News Service

 

4101

EU Parliament Says No to US Trade Talks

ABS News Service

 

4102

WTO Dispute Panel Established in Japan-China Steel Row

ABS News Service

 

4103

Pacific Alliance Inks Tariff Accord

ABS News Service

 

4104

Canada-EU Pact Possible By Summer, Officials Say

ABS News Service

 

4105

Rupee Trades Near 11-Month Low

ABS News Service

 

4106

Brent Crude Trades Below $100 as OPEC Maintains Output Target

ABS News Service

 

4107

European Commission Eyes Possible Investment Agreement with China

ABS News Service

 

4108

Gold Duty Hiked by 2%, Platinum also Falls 2%

·   Price Falls by 15.3% Since Last Duty Hiked on 21 Jan

·   Silver Spared

Ntfn 31/05.06.2013

 

4109

Excise Duty Raised on Gold to 7% from 5%

20-CE/05.06.2013

 

4110

Sugar Directorate Release Order Not Required for Sugar Export under Advance Authorisation

15-Ntfn(RE)/05.06.2013

 

4111

Rupee Crashes by 5% Against SFranc, Yen 5.4%

58-Cus(NT)/05.06.2013

 

4112

SNG Inspection Services Notified as PSIA

15-PN(RE)/03.06.2013

 

4113

MoU Signed between DGFT and Government of Delhi to use e-BRC

PIB (MoC&I) Press Release dated 5th June 2013

 

4114

Rupee Payment for Export of Import Traded Goods Allowed with 15% Value Add

Countries to be Notified, Iran Expected in First List

16-Ntfn(RE)/06.06.2013

 

4115

Rupee Falls to 56.85 in Import Valuation

59-Cus(NT)/06.06.2013

 

4116

ITA II Participant List Grows to 27 Covering 97% of Trade

India Chooses to Opt Out, May Join Bandwagon after End of Show

ABS News Service

 

4117

Russia is Observer to the Committee on Government Procurement

ABS News Service

 

4118

Gita Wirjawan to Chair 9th WTO Ministerial Conference at Bali

ABS News Service

 

4119

Iran Notified as First Country for Rupee Payment Export Trading with 15% VA against Dollar Import

17-Ntfn(RE)/10.06.2013

 

4120

Rupee Crashes again to a New Record Low of 58.53 against Dollar at NSE Close, RBI Rate 58.9255

ABS News Service

 

4121

FIEO President Hits at Rupee Payment Trade with Iran, Calls for Limits to Protect Indian Origin Goods

ABS News Service

 

4122

FIEO Says Rupee Fall not Good for India

ABS News Service

 

4123

Rupee Crashes against Euro, Sterling, SFranc and Yen in Customs Valuation

60-Cus(NT)/12.06.2013

 

4124

Fine = Penalty for Monetary Threshold in Discussions for Appeals

CBEC Instruction dated 3rd June 2013

 

4125

Export Realisation Period of 12 Months Set for SEZ Units

108-RBI/11.06.2013

 

4126

Gold Imports Not Permitted on Documents against Acceptance (DA) Basis, Consignment Basis only for Jewellery Exports

LCs must be Backed by 100% Cash or DP (Documents against Payments)

107-RBI/04.06.2013

 

4127

Gold Imports by India Tumble as Curbs Boost Costs

ABS News Service

 

4128

Sanitary Import Permit for Livestock Included in ITC (HS) Book

18-Ntfn(RE)/11.06.2013

 

4129

Gemological Institute in Antwerp and Hong Kong Recognised for Diamond Grading

19-Ntfn(RE)/12.06.2013

 

4130

Safeguard Investigation on Methyl Acetoacetate (MAA) Initiated on Complaint of Single Producer Laxmi Organic, Mumbai

Safeguard Initiation Notice F.No. D-22011/08/2013 dated 6th June 2013

 

4131

Rupee Fall against Danish Kroner to Rs. 10.55 in Customs Valuation

61-Cus(NT)/13.06.2013

 

4132

Venture Capital must Report FDI in Separate Return to RBI

110-RBI/12.06.2013

 

4133

Limit for Foreign Investment in Govt Securities Enhanced to US$30bn to US$5bn with Immediate Effect

111-RBI/12.06.2013

 

4134

Ethanol Discount to Gasoline Widens on Concern Imports will Rise

ABS News Service

 

4135

Chidambaram Vows Reforms to Aid Growth as Rupee Resumes Drop

ABS News Service

 

4136

24x7 Customs Examination for All Air Cargo Exports at Chennai, Delhi, Mumbai and Bangalore from 1 July

CBEC Instruction No. 02 dated 21st May 2013

 

4137

17 Categories Excluded for Calculation of Export Performance under Incremental Export Reward Scheme

Ntfn 32/13.06.2013

 

4138

Gold and Silver Tariff Value Down

Brass Scrap (US$71), Palm Oil and Palmolein Tariff Value Up by US$6/MT

62-Cus(NT)/14.06.2013

 

4139

Appellate Authority in DGFT Notified

21-Ntfn(RE)/13.06.2013

 

4140

Adjudication Powers of DGFT/Development Commissioner Defined

20-Ntfn(RE)/13.06.2013

 

4141

Export Transaction Value Enhanced to US$10,000 through Online Payment Gateway Service Providers

109-RBI/11.06.2013

 

4142

Fed Cuts on Stimulus Crashes Rupee to Near 60

ABS News Service

 

4143

Exports Fall by $274mn in May 2013 as Imports Rise $2.92bn Over May Last Year

ABS News Service

 

4144

World Agri Outlook Shows 1.5% Growth, Rising Prices Say OECD, FAO

China Emerges as Food Deficit Consumer

ABS News Service

 

4145

WTO Forecasts World Trade Growth at 3.3% in 2013

ABS News Service

 

4146

US Senate Passes Five Year Farm Bill

ABS News Service

 

4147

WTO Debates Green Technologies and IPRs

ABS News Service

 

4148

Rupee Hits All-Time Low of 60

Dollar Rises before Housing, Manufacturing Reports

ABS News Service

 

4149

India Extends Ban on Milk and Milk Products from China for One More Year

23-Ntfn(RE)/18.06.2013

 

4150

Coconut Oil Exports Permitted through All LCS on Nepal, Bhutan, Bangladesh and Pak Borders in Addition to All EDI Ports

22-Ntfn(RE)/18.06.2013

 

4151

No Mandatory Re-export of Parts for Testing and Evaluation in Previous Export of Parts Found Defective

24-Ntfn(RE)/19.06.2013

 

4152

Rupee Falls to 59.20 in Import Valuation

63-Cus(NT)/20.06.2013

 

4153

Gold Jewellery Articles and Parts Drawback Rates Hiked

64-Cus(NT)/20.06.2013

 

4154

Sodium Nitrate from EU, China, Korea and Ukraine under Anti-dumping Investigation on Complaint of Deepak Nitrite

Deepak Nitrite also Filed Safeguard Duty on Sodium Nitrite on 17 April 2013

Anti-dumping Initiation Notification No.15/1009/2012-DGAD dated 5th June 2013

 

4155

Anti-dumping Investigation on Phenol from Taiwan and USA Initiated on Complaint of Hindustan Organic Chemicals

Anti-dumping Initiation Notification No.14/19/2012-DGAD dated 7th May 2013

 

4156

DGFT Mumbai will Accept More than Three Files from Exporters

DGFT Mumbai Trade Notice No. 01 dated 13th May 2013

 

4157

Department of Revenue Introduces RMS in Exports

ICD Mulund and Patparganj to implement from 15 July

23-CBEC/24.06.2013

 

4158

17 Categories Excluded for Calculation of Export Performance under Incremental Export Reward Scheme – Amendments in Excise Notification

21-CE/13.06.2013

 

4159

17 Categories Excluded for Calculation of Export Performance under Incremental Export Reward Scheme – Amendments in Service Tax Notification

11-ST/13.06.2013

 

4160

Haiti Included in LDC List

Ntfn 33/19.06.2013

 

4161

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 75.705663 w.e.f 5 June

112-RBI/20.06.2013

 

4162

Tariff Value of Gold Down by US$29 per 10 gms

66-Cus(NT)/24.06.2013

 

4163

Customs Brokers Licensing Regulations 2013 Notified

The current regulation supersedes the previous Customs House Agents Licensing Regulations 2004.

65-Cus(NT)/21.06.2013

 

4164

Tariff Value of US$1613/MT Imposed on Areca Nuts

67-Cus(NT)/25.06.2013

 

4165

Anti-dumping Duty on Pentaerythritol from Taiwan Extended for One More Year after Review

13-ADD/25.06.2013

 

4166

Anti-dumping Duty on Acetone from Korea Extended upto 9 June 2014 after Review

12-ADD/25.06.2013

 

4167

Technology Import Allowed under ECB as Part of Capital Goods

119-RBI/26.06.2013

 

4168

Exporter undertaking Project Exports and Service Contracts Abroad should Submit Form DPX1, PEX-1 and TCS-1 to the Approving Authority within 30 days of Entering into Contract

118-RBI/26.06.2013

 

4169

External Commercial Borrowings in Renminbi Discontinued

117-RBI/25.06.2013

 

4170

Working Capital for Civil Aviation Sector will Continue Till 31 Dec 2013 under ECB

116-RBI/25.06.2013

 

4171

Prepayment of FCCBs under Approval Route will Continue Till 31 Dec 2013

115-RBI/25.06.2013

 

4172

ECB Window for Financing 3G Spectrum Rupee Loans will Open upto 31 March 2014

114-RBI/25.06.2013

 

4173

ECB for Low Cost Affordable Housing Projects

113-RBI/24.06.2013

 

4174

Minimum Average Maturity of the underlying Debt Instruments Reduced to Three Years from 7 Years

120-RBI/26.06.2013

 

4175

Risk Management and Inter Bank Dealings

121-RBI/26.06.2013

 

4176

Filters Classified in Heading 8421 but Filtering Elements are Classified according to their Constituent Material

24-CBEC/27.06.2013

 

4177

Re-import of Pets in Baggage, Health Certificate from the Country of Export and Quarantine Officer Examination Must

25-CBEC/01.07.2013

 

4178

Tariff Value of Gold Down by US$20/10 gms; Others to Fall: Silver US$2/kg; Brass Scrap US$13/MT and Crude Soyabean Oil US$23/MT w.e.f. 28 June

69-Cus(NT)/28.06.2013

 

4179

Silver Tariff Value Down by US$103/kg w.e.f. 27 June

68-Cus(NT)/28.06.2013

 

4180

Only Gold Import on Loan to Exporters Facility Open in Credit Option

122-RBI/27.06.2013

 

4181

Vietnam Devalues Dong for First Time Since ’11 to Boost Reserves

ABS News Service

 

4182

WTO Reviews SPS on 50 Years of Codex

ABS News Service

 

4183

China Retaliates in EU Solar Panel Case, Claims EU Dumping Wine

ABS News Service

 

4184

Senate Confirms Mike Froman as New USTR

ABS News Service

 

4185

USB Flash Drives from China, Taiwan and Korea under Anti-dumping Investigation on Complaint of Moser Baer

DGAD Initiation Notification No.14/22/2012-DGAD dated 21 June 2013

 

4186

Chang Chun Taipei in New Shipper Review in Acetone Case, Previous Duty of $201.27 per MT Applicable

Ntfn 14-ADD/03.07.2013

 

4187

Anti-dumping Duty on PVC Emulsion Resin from EU Extended Till 24 June 2015 in Sunset Review

Ntfn 15-ADD/03.07.2013

 

4188

Online Registration Must for Non Basmati Rice and Wheat Export through LCS on Bangladesh and Nepal Borders

04-TN/02.07.2013

 

4189

Engineering Goods List for Export Control under SCOMET Enlarged and Widened

26-Ntfn(RE)/03.07.2013

 

4190

Certification Size for Cut and Polished Diamonds Reduced to 0.10 Carat from 0.25 Carat

25-Ntfn(RE)/03.07.2013

 

4191

Service Received in SEZ for Authorised Operations Exempted under Refund

List of Services to be Approved on Case by Case Basis

12-ST/01.07.2013

 

4192

Rupee Falls to 60.50 in Import Valuation

Notification No.70/2013-Customs (N.T.) dated 4 July 2013

 

4193

Rupee Value under Indo-Ussr Deferred Payment Protocol Revised to Rs. 78.374512 per Rouble from 13 June

A.P. (DIR Series) Circular No.03 July 04, 2013 dated 4 July 2013

 

4194

RBI Liberalises Documentation Requirements for Resident Entities in Indian Forex Market

A.P. (DIR Series) Circular No.02 July 04, 2013 dated 04 July 2013

 

4195

RBI Issues New Guidelines for Calculation for Total Foreign Investment in India Companies

A.P. (DIR Series) Circular No.01 dated July 04, 2013

 

4196

Precious Metals Crashes by 5.6%, Metals 3.7% and Beverages 5.1% in June

World Bank

 

4197

Sugar Duty Raised to 15% from 10%

Ntfn 34/08.07.2013

 

4198

Banks Banned from Currency Speculation, Trading Allowed only on Agency Basis

07-RBI/08.07.2013

 

4199

Rupee Recovers after Hitting Life-Time Low of 61.21 vs US Dollar

     RBI-SEBI Check Speculators

     Sovereign Bonds on the Lines of IDB in the 1990s to Bring in Forex on the Anvil

ABS News Service

 

4200

SBI to Raise Interest Rates to Cover Risk of Forex Loan Defaults

ABS News Service

 

4201

Sugar Imports in Doldrums after Dollar Rise and Duty Hike

ABS News Service

 

4202

Plurilateral TISA to Substitute for Multilateral GATS

ABS News Service

 

4203

Subsidy Bill of Food Security Bill will be 1.2% of GDP

ABS News Service

 

4204

Electrical Energy Import Free –Authorization Requirement Lifted

27-Ntfn(RE)/05.07.2013

 

4205

Anti-dumping Duty Rubber Chemicals from China Extended to 4 May 2014 in Review

16-ADD/05.07.2013

 

4206

Anti-dumping Duty on Rubber Chemicals from Korea Extended by Another Year to 4 May 2014 in Review

17-ADD/05.07.2013

 

4207

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 80.972091 per Rouble w.e.f 25 June

05-RBI/08.07.2013

 

4208

Export Credit of US$10mn to Seychelles

04-RBI/08.07.2013

 

4209

ECB Guidelines for NBFC-AFCs for On-lending to Infrastructure Sector

06-RBI/08.07.2013

 

4210

158 High Tech Products get Focus Product Scheme (FPS) Benefit

PIB (MoC&I) Press Release dated 9th July 2013

 

4211

Double Taxation Avoidance Agreement between India and Albania Singed on 8 July

PIB (MoF) Press Release dated 8th July 2013

 

4212

Food Stamps, Dairy Subsidies Foil Farm Bill in HOR

ABS News Service

 

4213

Australia Launches Safeguard Investigation on Canned Tomatoes

ABS News Service

 

4214

US Suspends Bangladesh GSP as Factories Collapse Showing Poor Labour Standards

ABS News Service

 

4215

FDI Falls 18% in 2012 but Developing Countries get $700bn

ABS News Service

 

4216

Obama Unveils Trade, Energy Initiatives on Africa Trip

ABS News Service

 

4217

Carbon Permit Price Fall to $5bn Tonne

ABS News Service

 

4218

EU-US Talk Trade Ignoring Spy Talk

ABS News Service

 

4219

DGFT Notifies 160 High Tech Products for 2% FPS Benefit

19-PN(RE)/10.07.2013

 

4220

Silver Jewellery Articles and Parts Drawback Slashed to Rs. 1795.5/kg from Rs. 2590.80/kg of Net .999 Purity

71-Cus(NT)/10.07.2013

 

4221

Fatty Alcohol SION Notified

17-PN(RE)/09.07.2013

 

4222

Ortho Tertiary Butyl Cyclohexyl Acetate SION Amended

16-PN(RE)/09.07.2013

 

4223

Retreaded or Used Tyres Import Allowed only with BIS Mark and Subject to FTP, Provision of One Cut Bead Wire and Ministry Environment Permission

CBEC Instruction dated 12th July 2013

 

4224

Trichy Airport Notified for Courier Import and Export

74-Cus(NT)/12.07.2013

 

4225

Activated Polydimethyl Siloxane and Simethicone SION Modified

18-PN(RE)/10.07.2013

 

4226

RBI Grants General Permission to Bank in India to Acquire Shares of SWIFT

RBI for Admission to the SWIFT Users Group in India

08-RBI/11.07.2013

 

4227

Import Credits upto 5 Years for Infrastructure Sector will Continue Till 30 Sept 2013, No Credit beyond Trade Transaction Terms

09-RBI/11.07.2013

 

4228

Libor Plus Ceiling at 350bps for ECB Extended Till 30 Sept 2013

11-RBI/11.07.2013

 

4229

Existing ECB Borrowers can Raise Fresh ECB at Higher All-in-Cost under Approval Route Till 30 Sept 2013

10-RBI/11.07.2013

 

4230

June Export Fall $1.14bn Over Last Year, Imports Steady

·      Oil Rises $1.54bn in June

·     Rupee Devaluation and Incentives Yet to Show Result

PIB (MoC&I) Press Release dated 12 July 2013

 

4231

Customs Relaxes Procedures for Empty Containers Shipped by Foreign Suppliers Cheating Importers

10-SO/21.06.2013

 

4232

Russia on the Mat at WTO Over Vehicle Recycling Fee

ABS News Service

 

4233

Shipping in Over Supply, Capacity up 27%, Freight Rate Fall 30%

ABS News Service

 

4234

Paraguay Suspended from Mercosur

ABS News Service

 

4235

Aid for Trade Falls to $41.5bn in 2011

ABS News Service

 

4236

27 Developed Countries Offer Support for Deal on TF at Dec Bali Meet

ABS News Service

 

4237

Switzerland, China Sign Trade Deal

ABS News Service

 

4238

Stock Markets Fall as RBI Ups Bank Rate to 10.25%

ABS News Service

 

4239

Import Cold Storage at Sahar Air Cargo Complex from 7 June 2013

ABS News Service

 

4240

Rupee Rises to Rs. 59.65 for Customs Valuation on Imports w.e.f. 19 July 2013

76-Cus(NT)/18.07.2013

 

4241

Brass Scrap Down by US$158/MT; Crude Palm Oil US$20/MT, Crude Soyabean Oil US$45/MT

Tariff Value of Gold (US$15/10 gm) and Silver (US$34/kg) Up

75-Cus(NT)/15.07.2013

 

4242

Loans under $10bn ECB Extended to Overseas JVs

12-RBI/15.07.2013

 

4243

Export Credit of US$35mn for Financing Sugar Plant Project in Ghana

13-RBI/15.07.2013

 

4244

Only Standard Unit Quantity Code as per CTA 1975 in Bills of Entry/Shipping Bills, Says CBEC

[We suggest units used in International Practice and the invoice may also be put in the documents. Trade will come to a stop otherwise. Buyer may want quantity in dozens but CTA asks for weight or nos. Thus we will be landed with a custom made barrier!

In many cases, the unit may be wrong. Thus printed circuits in 8534 are sold in pieces or length in metres but the CTA heading asks for weight in kg. The customs inspector will reject all documents where quantity other than kg. is indicated. A sure recipe for hike transaction costs in customs clearance!!! – Ed.]

26-CBEC/19.07.2013

 

4245

Self Copy Paper, Duplicator and Other Paper and Paper Boards Included in ASEAN FTA List at 2.5% Duty

Ntfn 35/18.07.2013

 

4246

DGFT to Hold Personal Hearing on 2nd Tuesday at 3 pm under Grievance Redressal Mechanism

05-TN/19.07.2013

 

4247

Ram Tirath Appointed as DG China Specific Safeguards and General Safeguards in Place of GS Sarna

77-Cus(NT)/19.07.2013, 78-Cus(NT)/19.07.2013

 

4248

ITA II for Bali Ministerial Suspended as China Dithers

ABS News Service

 

4249

Developing Countries Share in World Export Rises to 47%, Asia Leads Growth

ABS News Service

 

4250

EU Parliament for 5.5% cap on Food Based Biofuels, Sea Weeds Share 2% by 2020

ABS News Service

 

4251

Bangladesh Allows Free Unions in Textiles to Please the Western Buyers and WTO and Save $20bn Export

ABS News Service

 

4252

US Orders “No Kill” Dolphin Certificate from Ship Captain for Tuna Outside ETP

ABS News Service

 

4253

RBI Virtually Bans Gold Import thru Official Channel

·        Export Obligation of 20% Slapped on Import, One Fifth Export Reservation in Every Import Lot

·        Actual User Condition Imposed, Consumer Sale not Allowed

·        Earlier Condition of Cash Import Dropped

15-RBI/22.07.2013

 

4254

Software Export Realisation Period will be Nine Months from Date of Export w.e.f. 01.04.2013

14-RBI/22.07.2013

 

4255

CBEC Calls for Separate Areas for Plant Quarantine Non Fumigated and Post Fumigated Stocks in Customs Areas

CBEC Instruction/ 23.07.2013

 

4256

Excise Duty of 27% Applicable on Maruti SX4, Honda Civic and Toyota Corolla as Sedans, Only Sports Utility Vehicles (SUVs) Attract 30% Excise Duty

972-CBEC/24.07.2013

 

4257

Frozen Hilsa Fish at 5% from Myanmar Burma under ASEAN FTA

Ntfn 37/22.07.2013

 

4258

All Importers Allowed Zero Duty on LNG and NG Import for Electrical Energy Generation, Exclusive Facility to GAIL-NTPC and Petronet Dropped

Ntfn 36/22.07.2013

 

4259

Online Reporting Must for Forex Exposure to RBI by Banks

17-RBI/23.07.2013

 

4260

USD 19mn LOC to Senegal

16-RBI/23.07.2013

 

4261

Human Hair Exempted from Sanitary Import Permit

Only Animal Origin Materials under HS 2309 Need Sanitary Import Permit

29-Ntfn(RE)/24.07.2013

 

4262

No Authorisation Required for SEZ Scrap Sale into DTA

28-Ntfn(RE)/24.07.2013

 

4263

Mahagaon (Thane) ICD Notified for Unloading and Loading Goods

79-Cus(NT)/24.07.2013

 

4264

Anti-dumping Investigation on Acetone from Taiwan and Saudi Arabia Initiated on Complaint of Hindustan Organic Chemicals

Initiation Notification No.14/16/2012-DGAD dated 23rd July 2013

 

4265

Flexible Slabstock Polyol from Australia, EU and Singapore under Anti-dumping Investigation on Complaint of Manali Petrochemicals

Initiation Notification No.14/01/2013-DGAD dated 12th July 2013

 

4266

Anti-dumping Investigation Initiated on Pentaerythritol from Russia on Complaint of Kanoria Chemicals

Initiation Notification No. F.No.14/26/2012-DGAD dated 21st June 2013

 

4267

Excise Duty Exempted on the Relabeling of Scheduled Drug Formulations under DPCO, 2013

22-CE/29.07.2013

 

4268

Foreign Post Office New Delhi Recognised for Export of FPS/FMS/VKGUY Products

Ntfn 38/26.07.2013

 

4269

DGFT Notifies Kattupalli Sea Port (TN) for Export Promotion

20-PN(RE)/29.07.2013

 

4270

IE Code Number will Remain Same in EOU-DTA Transfer Cases, Only Issuing Authority will Change

02-Pol.Cir/26.07.2013

 

4271

Sudden Rise of 25% in Exports Triggers Alarm on Possible Misuse of Incremental Export Incentive Scheme

06-TN/31.07.2013

 

4272

Multifunction Speaker System Classified under Record Players or FM Radio in 8519 81 and 8527 99

27-CBEC/01.08.2013

 

4273

Cockroach Traps and Mosquito Repellent Classified in 3808 91

28-CBEC/01.08.2013

 

4274

Zero Duty on Rice Bran and Rice Bran Oil Cake Import upto 30 Sept 2013

Zero Duty for Parts of Fasteners

Ntfn 39/31.07.2013

 

4275

Excise Duty Slashed to Zero on Building Bricks

23-CE/31.07.2013

 

4276

Rupee Falls to 61.55 for Customs Valuation on Imports w.e.f. 2 August 2013

81-Cus(NT)/01.08.2013

 

4277

Gold Tariff Value Up by US$14/10 gms; Brass Scrap (US$69/MT)

Tariff Value Down on Poppy Seeds (US$1747/MT), Crude Soyabean (US$23/MT), Crude and RBD Palm Oils

80-Cus(NT)/31.07.2013

 

4278

No Flexibility in Import under DFIA for EO Redemption, Specific Descriptions in Export and Import must Match

31-Ntfn(RE)/01.08.2013

 

4279

No AU Condition on SFIS Imports after One Year

30-Ntfn(RE)/01.08.2013

 

4280

CBEC Instruction for Drawback Claims on Time Barred Cases

F.No.603/01/2011-DBK dated 31st July 2013

 

4281

Interest Rate Subvention on Exports Raised to 3% from 2%, BoT Meets on 27 Aug

PIB (MoC&I) Press Release dated 31st July 2013

 

4282

Procedure for Availing Service Tax Voluntary Compliance Encouragement Scheme

cbec.gov.in

 

4283

Guidelines for Determination of Tariff for Projects at Major Ports Announced

PIB (Ministry of Shipping) Press Release dated 31st July 2013

 

4284

DGFT Stands by 1 Aug 13 Restriction of Imports under DFIA to Inputs Listed in Shipping Bill, Withdraws Conflicting 10 Oct 05 Circular

03-Pol.Cir/02.08.2013

 

4285

Cotton Export Registration Procedure Relaxed for Public Sector Cotton Corp

32-Ntfn(RE)/02.08.2013

 

4286

China Halts NZ Exports of Milk Powder Alleging Bacterial Infection

ABS News Service

 

4287

Iran has US Educated Foreign Minister

ABS News Service

 

4288

China Built $500mn Container Terminal in Sri Lanka Opens for Business

ABS News Service

 

4289

Monsanto Shifts to Trade in GMs for Europe, Says No to GM Cultivation

ABS News Service

 

4290

China Slaps Anti-dumping Duty on US Polysilicon

ABS News Service

 

4291

DGFT Lifts Steel BIS Barriers for Mega Projects, Frees Import

33-Ntfn(RE)/07.08.2013

 

4292

Purchase Orders to be Accepted as “Contracts” under Project Imports, PO Must Satisfy Four Conditions

31-CBEC/06.08.2013

 

4293

Excise Duty Exemption for Neyveli Lignite Corporation

24-CE/02.08.2013

 

4294

No Excise Registration for Pharma Packers of DPCO Goods

11-CE(NT)/02.08.2013

 

4295

Rupee Hedging from Sub Accounts only with Mandate of the Owner

18-RBI-01.08.2013

 

4296

DO NOT DETAIN EXPORT GOODS, CBEC Orders Commissioners, Threatens Action on Errants

30-CBEC/05.08.2013

 

4297

DGFT Clarifies Issuing Authority for Status Recognition and Nominated Agency Certificates for SEZ/EOU/DTA Units

04-Pol.Cir/08.08.2013

 

4298

Sodium Lauryl Ether Sulphate SION Notified

21-PN(RE)/08.08.2013

 

4299

Regularisation for Excise Duty Not Paid on Foreign Brand Name or Trade Name

10-CE(NT)/02.08.2013

 

4300

CBEC Clarifications on Service Tax Voluntary Compliance Encouragement Scheme

170-ST/08.08.2013

 

4301

Precious Metals Decline by 4.7%, Raw Materials Fall 3.5%; Energy Jumps 4.4%

World Bank

 

4302

July 2013 Exports Turn Plus 11.6%, Imports Minus 6.2% after Rupee Devaluation – Oil Crashes 8%

PIB (MoC&I) Press Release dated 12th August 2013

 

4303

Obama Administration Sides with Apple on Import Ban Ruling

ABS News Service

 

4304

Lamy to Retire at End Aug, Hopes for Ok to Trade Facilitation in Bali

ABS News Service

 

4305

US Demands for Labour, Fire and Building Inspection in Bangladesh Textile Industry

ABS News Service

 

4306

Interest Rate Subvention on Exports Raised to 3% from 2%, BoT Meets on 27 Aug

PIB (MoC&I) Press Release dated 31st July 2013

 

4307

Japan Join EU on Russia Vehicle Recycling Fee at WTO, US too Readies to Pitch in

ABS News Service

 

4308

EU WTO Review Highlights Resistance against Protectionism

ABS News Service

 

4309

PC Returns to Regulated Economy with Tariffs to Control Import, Woos FDI

PIB (MoF) Press Release dated 12 August 2013

 

4310

Govt Eases Land Requirement Norms for Special Economic Zones

SEZ Office Memorandum dated 12th August 2013

 

4311

Anti-dumping Duty Hiked in Final Findings on Fibre, Laminated Board from China, Indonesia, Malaysia and Sri Lanka

18-ADD/08.08.2013

 

4312

Reimbursement of Duty in Lieu of Drawback in Partial Cenvat Credit Cases

SEZ Instruction No. 77 dated 6th August 2013

 

4313

Regularisation of EO Default – Interest not to Exceed Original Duty Amount

22-PN(RE)/12.08.2013

 

4314

Revised Format of NRD-CSR Submission on XBRL Platform

19-RBI/07.08.2013

 

4315

Prohibited Medicines List

PIB (Ministry of Health and Family Welfare) Press Release dated 13th August 2013

 

4316

Gold Duty Hiked by 2%, Silver 4%, Platinum 2%

All Three Precious Metals at 10% Now

Ntfn 41/13.08.2013

 

4317

Excise Duty on Gold Hiked by 2%, Silver 6%

All Two Precious Metals at 9% Now

25-CE/13.08.2013

 

4318

Rupee Falls to 61.90 for Customs Valuation on Imports w.e.f. 15 Aug 2013

83-Cus(NT)/14.08.2013

 

4319

Silver Tariff Value Up by US$58/kg; Gold US$2 per 10 gms; Areca Nuts US$70/MT

Tariff Value Down on US$85/MT, Palmolein US$14/MT, Crude Soyabean Oil US$24/MT, Crude Palm Oil US$12/MT

82-Cus(NT)/14.08.2013

 

4320

MEP on Onions Back at US$650 per MT

35-Ntfn(RE)/14.08.2013

 

4321

Norms for Spices under Advance Authorization only with Spices Board Sample Analysis

05-Pol.Cir/14.08.2013

 

4322

Leather Exports only thru Chennai Sea, JNPT, Kolkata Sea, ICD Kanpur and ICD Tughlakabad

CLRI Certification Must

23-PN(RE)/13.08.2013

 

4323

Ammonium Nitrate Import only Against Explosive Licence

34-Ntfn(RE)/14.08.2013

 

4324

Gold Rises as Silver Caps Biggest Weekly Gain Since 2008

ABS News Service

 

4325

New WTO DG Selects Chinese, German, Nigerian and American as Dy. DG

ABS News Service

 

4326

RBI Issues Clarifications on Gold Import

·      No Coins Allowed

·      Norms for 20/80 Export Obligation Specified

·     Bank HOs to Monitor Trade

25-RBI/14.08.2013

 

4327

FEMA Compounding of Offences Proceedings Notified

20-RBI/12.08.2013

 

4328

Forex Remittance Ceiling Lowered to US$75,000 from US$2 Lakhs

24-RBI/14.08.2013

 

4329

Only 100% of Net Worth Allowed Overseas Investment to Indian Cos.

23-RBI/14.08.2013

 

4330

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 83.45023 from 12 Aug 2013

26-RBI/14.08.2013

 

4331

Export Credit of US$41.60mn to Comoros

27-RBI/16.08.2013

 

4332

Export Credit of US$300mn to Ethiopia for Financing New Ethio-Djibouti Railway Line Project

22-RBI/12.08.2013

 

4333

Export Credit of US$28.60mn to Zimbabwe for Upgradation of Deka Pumping Station and River Water Intake System

21-RBI/12.08.2013

 

4334

China Targets India for Anti-dumping Action on Single-mode Optical Fiber

ABS News Service

 

4335

Saudi Arabia and Iraq Cut Oil Exports in June: JODI Data

ABS News Service

 

4336

LCD TV Deleted from Duty Free Baggage Allowance – Duty of 35% Applicable

84-Cus(NT)/19.08.2013

 

4337

Rupee Crashes to Record Low of 64.13

   India at its Lowest Rating

   Gold Rises as Informal Exchange Market and Hawala Surface following Physical Controls on Movements

   Indonesia, Brazil, South Africa Currencies Retreat in Synch with Dollar Rise

ABS News Service

 

4338

Rupee Falls to 65.35 for Customs Valuation on Imports w.e.f. 23 August 2013

87-Cus(NT)/22.08.2013

 

4339

Rupee Falls to 100.75 against Pound Sterling for Customs Valuation on Imports w.e.f. 19 August 2013

86-Cus(NT)/21.08.2013

 

4340

Facilities Outside Mega Power Projects Perimeter Get Customs Exemption on Lines of Excise Exemption, Clarifies CBEC

33-CBEC/23.08.2013

 

4341

Format for Post Office Bill of Export for Reward Schemes from Foreign Post Office, New Delhi Released

29-CBEC/05.08.2013

 

4342

Marble Quota for 6 Lakh tonnes for FY 2013-14 Announced, Allocation on Turnover and Number of Gang Saws

37-Ntfn(RE)/26.08.2013

 

4343

Marble Quota of 1 Lakh tonnes for Indian Companies Mining Abroad

36-Ntfn(RE)/26.08.2013

 

4344

Floor Value of $80 per sqm Imposed on Granite Import

38-Ntfn(RE)/26.08.2013

 

4345

FDI in Asset Reconstruction Companies (ARCs) Ceiling Raised to 74% from 49%

28-RBI/19.08.2013

 

4346

All Bank Branches Allowed to Deal with NRIs under Portfolio Investment Scheme

29-RBI/20.08.2013

 

4347

Interest Rates on NRE Deposits Deregulated, Interest Rate Freed

RPCD.CO.RRB.BC.No.24/ 03.05.33.2013-14 dated 19.08.2013

 

4348

Interest Rates on FCNR(B) Deposit Ceiling Raised on Medium Term Maturities

RPCD.CO.RRB.BC.No.22/ 03.05.33.2013-14 dated 19.08.2013

 

4349

US-ASEAN Commit to Trade Facilitation at Bali

ABS News Service

 

4350

Rupee Falls below 68 to Record; Stocks, Bonds Tumble

Its Financial Emergency

ABS News Service

 

4351

Rupee Value Linked to Gold and Oil

ABS News Service

 

4352

Bharti Bonds Turn Junk, Spreads between Buy-Sell on Indian Securities Widen to 400 Points

ABS News Service

 

4353

Li Ka-Shing-Backed CEF Seeks Gold, Prices to Remain Flat

ABS News Service

 

4354

China Exports of Engg, Footwear and Pharma Turn Negative

ABS News Service

 

4355

Qualcomm, Northwestern, YouTube: Intellectual Property

ABS News Service

 

4356

SEZ Export Cross $80bn per Year

ABS News Service

 

4357

India’s Landmark Food Bill Passed, Sonia Hospitalised after Debate

ABS News Service

 

4358

Subsidy Paid to Exporters by APEDA on Agricultural Goods during 2010-11 to 2013-14

ABS News Service

 

4359

Suspension of IEC Number – Addl DGFT and Jt DGFT Appointed as Designated Authority

39-Ntfn(RE)/29.08.2013

 

4360

Gold and Silver Tariff Value Up by US$29/10 gms and US$ 106/kg Respectively

91-Cus(NT)/29.08.2013

 

4361

Areca Nuts Tariff Value Up by US$187 per MTs

85-Cus(NT)/21.08.2013

 

4362

Swedish Kroner Exchange Rate Revised w.e.f. 27 Aug 13

89-Cus(NT)/26.08.2013

 

4363

Pound Sterling, Singapore Dollar, Austrian Dollar and Other Four Currencies Rates Revised w.e.f. 30 Aug 2013

92-Cus(NT)/29.08.2013

 

4364

Panchi Gujaram Village ICD at Sonepat Notified for Unloading and Loading Goods

88-Cus(NT)/26.08.2013

 

4365

Constitution of Task Force on Currency Swap Arrangements and Trade

ABS News Service

 

4366

Dept. of Revenue Extends the Date of Submission of Form ST-3 from 31 Aug 2013 to 10 Sept 2013

04-ST Order/30.08.2013

 

4367

War Clouds Looming Over Syria Push Crude Oil Price Up

ABS News Service

 

4368

India’s Rupee Drops on Concern Slowing Growth Will Deter Inflows

ABS News Service

 

4369

Safeguard Duty of 20% Imposed on Stainless Steel HR Flats from China on Account of “Market Disruption” – Final Findings

02-SG/29.08.2013

 

4370

Anti-dumping Duty on DVD-R and DVD-RW from China, Hong Kong and Chinese Taipei Extended upto 22 July 2014

19-ADD/29.08.2013

 

4371

Tariff Value Up on Poppy Seeds (US$115/MT), Crude Palm Oil, Crude Palmolein, RBD Palmolein (US$25/MT), RBD Palm Oil (US$24/MT), Crude Soyabean Oil (US$23/MT) and Brass Scrap (US$2/MT)

Gold and Silver Tariff Value Down by US$3/10 gms and US$20/kg

93-Cus(NT)/30.08.2013

 

4372

Customs Baggage Declaration Form Must for Passengers who come to India w.e.f. 1 Jan 2014

Red Channel for Pax Bringing in Excess Gold, Rupees and Forex

90-Cus(NT)/29.08.2013

 

4373

Zero Customs Duty for Long Range Surface to Air Missile (LR-SAM) Programme of Ministry of Defence

Ntfn 42/30.08.2013

 

4374

Zero Excise Duty for Long Range Surface to Air Missile (LR-SAM) Programme of Ministry of Defence

26-CE/30.08.2013

 

4375

RBI Clarifies Cut off Dates and Scope of Restrictions on Overseas Investment Restrictions to 100 percent of Net Owned Fund

30-RBI/04.09.2013

 

4376

External Commercial Borrowings (ECB) from the Foreign Equity Holder

31-RBI/04.09.2013

 

4377

Limit of $100,000 on Studies Outside India

RBI Details Restrictions on Remittances on Personal Account

32-RBI/04.09.2013

 

4378

Bluetooth Wireless Headset for Mobile Phones/Cell Phones Classified in Sub-heading 8517.62

36-CBEC/05.09.2013

 

4379

Procedure for Supply of Duty Free Gold to Jewellery Exporters by Nominated Agencies

·   No Coins Allowed

·   Norms for 20/80 Export Obligation Specified

34-CBEC/04.09.2013

 

4380

Rupee Falls to 67.00 for Customs Valuation on Imports w.e.f. 6 Sept 2013

95-Cus(NT)/05.09.2013

 

4381

Leather Exports only thru Chennai Sea, JNPT, Kolkata Sea, ICD Kanpur, ICD Tughlakabad and Air Ports also

24-PN(RE)/05.09.2013

 

4382

Bank Guarantee Must for Opening Escrow Account on behalf of Non Resident for FDI Transactions

37-RBI/05.09.2013

 

4383

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 86.857663 w.e.f. 23 Aug 2013

33-RBI/04.09.2013

 

4384

Cross Border Inward Remittance under Money Transfer Service Scheme

FATF Statement dated 21 June 2013

35-RBI/04.09.2013

 

4385

FATF Updated Statement on ‘Improving Global AML/CFT Compliance: On-going Process’

34-RBI/04.09.2013

 

4386

Gold Import can Succeed Export as Replenishment

40-Ntfn(RE)/06.09.2013

 

4387

Shipping Bill, Customs Invoice and BRC are the “Must” Docs for Export Proof of Gold – Two of these Compulsory

25-PN(RE)/06.09.2013

 

4388

Speaking Orders for Drawback

35-CBEC/05.09.2013

 

4389

Pyrkan-Kalatek-Chargaon to Sripur Route to Bangladesh Notified for Export of Goods

94-Cus(NT)/04.09.2013

 

4390

Non Residents can Acquire Shares through Stock Exchange – RBI Woos Investors

38-RBI/06.09.2013

 

4391

Rupee Limit for Resident Travellers Raised to 10k from 7.5k

39-RBI/06.09.2013

 

4392

Hedge Limit for Exporters Raised to 50% from 25% of Annual Bookings

36-RBI/04.09.2013

 

4393

US, New Zealand Move Against Indonesia at WTO on Agro Products

ABS News Service

 

4394

Colombia Launches Three New Safeguard Investigations on Steel Products

ABS News Service

 

4395

Azevêdo Takes Office from Lamy as WTO DG

ABS News Service

 

4396

Exports Rise by $3bn in Aug, Imports Crash, Rupee Fall Spurs

PIB (MoC&I) Press Release dated 10th September 2013

 

4397

Anti-dumping Duty Imposed on Sodium Perchlorate from China

20-ADD/06.09.2013

 

4398

Another Five Years for Anti-dumping Duty on Zinc Oxide from China in Review

21-ADD/06.09.2013

 

4399

Forex Tourism Earnings Rise by 12 percent in August 2013

PIB (Ministry of Tourism) Press Release 10th September 2013

 

4400

New WTO DG Launches “Rolling set of Meetings” for TF, LDC and Agro Agenda at Bali

ABS News Service

 

4401

Panel Established on EU Complaint against China’s Anti-dumping Duties

ABS News Service

 

4402

Rupee Rises Past 63, A Gain of 5 in 15 days!

May Reach 58 by Diwali

ABS News Service

 

4403

Service Tax on Skill Development Corp Activities Exempted

13-ST/10.09.2013

 

4404

CBEC Clarifies Excise Debit on Reward Scrip will give “Duty Paid” Statutes Goods

No Duty under Cenvat Rule 6(3) Applicable

973-CBEC/04.09.2013

 

4405

RBI Doubles Forex Borrowing Limit of Banks

40-RBI/10.09.2013

 

4406

Corporate Guarantees for Overseas Subsidiaries Tightened

41-RBI/10.09.2013

 

4407

Guidelines for Downstream Investment Tightened

42-RBI/12.09.2013

 

4408

Revenue Releases New Drawback Schedule w.e.f. 21 Sept

Notification for the Revised All Industry Rates of Duty Drawback Issued

98-Cus(NT)/14.09.2013

 

4409

FIEO Not Happy with Cuts in DBK on Electronic Goods

FIEO Press Release dated 15.09.2013

 

4410

Department of Revenue Amends Customs, Central Excise and Service Tax Drawback Rules w.e.f. 21 Sept 2013

97-Cus(NT)/14.09.2013

 

4411

Currency of Rs. 10,000 Allowed in Departure Area after Customs and before Boarding

45-RBI/16.09.2013

 

4412

Sugar Beet Seeds Duty Cuts to 5% from 15%

Ntfn 43/13.09.2013

 

4413

CVD Exempt on Intermediates, Parts and Sub-Parts of Rotor Blades for Wind Operated Generators

27-CE/12.09.2013

 

4414

DBK Directorate Lists Highlights of New Schedule

37-CBEC/14.09.2013

 

4415

CBEC Repeats Instructions on Wood Packaging and ISPM-15 Standards for Exports

CBEC Instruction F.No.450/19/2005-Cus.IV dated 16th September 2013

 

4416

IE Code is only for Own Exports and Imports, Others Barred

DGFT Cautions IE Holders on Misuse

06-Pol.Cir/16.09.2013

 

4417

Rupee Rises against US Dollar, HK Dollar, Kuwait Dinar and other Four Currencies w.e.f. 17 Sept 2013

99-Cus(NT)/16.09.2013

 

4418

Tariff Value Up on Brass Scrap (US$40/MT), Crude Soyabean Oil (US$12/MT), Poppy Seeds Down (US$46/MT)

Gold Down $26 and Silver $47

96-Cus(NT)/13.09.2013

 

4419

New Exchange Control Form EDF must for All Goods Export from 1 Oct

·      EDF Replaces GR/PP Procedure

·      EDF Download from RBI Website Attested by Customs and Submission to Bank

43-RBI/13.09.2013

 

4420

RBI Defines Control in FDI Policy, HP and KTK Show Green to FDI in Retail

44-RBI/13.09.2013

 

4421

Gold and other Precious Metal Jewellery Duty Upped to 15% from 10%

Ntfn 44/17.09.2013

 

4422

No Arrests in Customs below Rs. 50 lakhs Value, Smuggling Case Rs. 20 lakhs

38-CBEC/17.09.2013

 

4423

No Service Tax on Hotels in UKhand till 31 March

Service Tax Order No. 01 dated 17.09.2013

 

4424

No TPP before in Oct Meet at Bali

ABS News Service

 

4425

EU-China Solar Panel Deal in Place; Subsidies Probe to Continue

ABS News Service

 

4426

China Fails at WTO on Chicken Restrictions

ABS News Service

 

4427

Russia Joins Information Technology Agreement as 78th Member

ABS News Service

 

4428

No Forex Trading on Overseas Websites

46-RBI/17.09.2013

 

4429

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 92.985396 w.e.f. 2 Sept 2013

47-RBI/17.09.2013

 

4430

RBI Rajan Ups Repo by 0.25 percent to 7.5 percent to Contain Inflation, Tight Money Policy Continues

RBI Press Release dated 20th September 2013

 

4431

No Anti-dumping and Safeguard Exemption on Transferable Advance Licences w.e.f. 18 April 2013

Ntfn 45/17.09.2013

 

4432

Arrest and Bail for Rs. 50 lakhs Plus Excise Evasion

974-CBEC/17.09.2013

 

4433

Service Tax Arrests only for Rs. 50 lakhs Plus Evasion Cases

171-ST/17.09.2013

 

4434

Educational Services Exempt from Service Tax

172-ST/19.09.2013

 

4435

Rupee Falls to 63.80 for Customs Valuation on Imports w.e.f. 20 Sept 2013

100-Cus(NT)/19.09.2013

 

4436

Infrastructure to Include Five More Segments for ECB

48-RBI/18.09.2013

 

4437

Indian Shrimp Export Industry Get Great Relief in US Countervailing Duty

US Rules in Favour of India in Countervailing Duty Investigation on Frozen Shrimp exports from India

ABS News Service

 

4438

Russia Signs On to ITA

ABS News Service

 

4439

Commerce Department Organize B2B Matchmaking Companies to Promote Indian Exports

Chinese Companies Sign MoUs for Procuring 338 Million USD Products from Indian Companies

ABS News Service

 

4440

NAFED Holds Meeting with Onion Importers to Help fast Clearance of Imported Stock

ABS News Service

 

4441

MEP on Onions Raised to US$900/MT from US$650/MT

41-Ntfn(RE)/19.09.2013

 

4442

Rough Marble Blocks Quota Allocation – Monthly Returns by Importers Must DGFT Issues 539 Marble Quota Allottees List

07-TN/19.09.2013

 

4443

Geo-Chem Fat East, Singapore Delisted as PSIA

26-PN(RE)/20.09.2013

 

4444

Exporter Undertaking Project and Service Exports (PEM) Contracts Abroad should Submit Form DPX-3 also to Approving Authority within 30 days of Entering into Contract

51-RBI/20.09.2013

 

4445

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 90.052266 from 4 Sept 2013

49-RBI/20.09.2013

 

4446

RBI Discontinues the Practice of Forwarding Statement in Form ORA to Regional Office by Authorized Dealers

50-RBI/20.09.2013

 

4447

DGFT Clamps Down on Incremental Export Scheme Following Rupee Devaluation

·      Only Dollar Growth to Get Incentive this Year

·     Value Limits of Rs. 10 crore Set

44-Ntfn(RE)/25.09.2013

 

4448

No FMS for Cotton, Cotton Yarn

No Incentive for Export of Restricted Goods

43-Ntfn(RE)/25.09.2013

 

4449

Jaikant Singh, Addl DGFT Designated as Authorised Officer for Safeguard Measures (QRs)

42-Ntfn(RE)/25.09.2013

 

4450

Export Incentive on Dollar Values Only

28-PN(RE)/25.09.2013

 

4451

Anti-dumping Investigation Launched on Electrical Insulators from China after Sunset of 35% Safeguard Duty

Anti-dumping Initiation Notification No. 14/11/2013 DGAD dated 5th September 2013

 

4452

Burma Border Trade – Motor Vehicles below 1000 CC Allowed – Typological Error Corrected

27-PN(RE)/24.09.2013

 

4453

RBI Clarifications on Applicability of Revised Guidelines of Overseas Direct Investment (ODI)

Source: PIB (MoF) Press Release dated 24th September 2013

 

4454

RBI Increases Capital Goods Import Credit to Five Years

Import Credit Contract Extended to 15 Months from Six Months

53-RBI/24.09.2013

 

4455

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 86.903352 from 13 Sept 2013

55-RBI/26.09.2013

 

4456

Swap Credit Maturity Lowered to One Year from Three Years

54-RBI/25.09.2013

 

4457

Regularisation of EO Default – Interest not to Exceed Original Duty Amount

Ntfn 46/26.09.2013

 

4458

Export Credit of US$22.50mn to Burkina Faso

52-RBI/24.09.2013

 

4459

No Excise Duty on Computers, Instruments and Software for Govt. Departments

28-CE/01.10.2013

 

4460

Tariff Value Up on Brass Scrap (US$75/MT), Palmolein (US$3/MT), Gold (US$4 per 10 gms)

Silver Down US$34/kg and Poppy Seeds US$161/MT

102-Cus(NT)/30.09.2013

 

4461

Amendments in SION H-427 – Import Item Aqueous Dispersion of Polyvinylidene Chloride Amended

29-PN(RE)/01.10.2013

 

4462

Ceiling on LIBOR Import Credits for Infrastructure to Continue Till 31 March, 2014

56-RBI/30.09.2013

 

4463

ECB for Multiple Rounds of PSU Disinvestment under Govt. Disinvestment Programme

57-RBI/30.09.2013

 

4464

Libor Plus 350bps Ceiling for ECB Extended Till 31 March 2014

58-RBI/30.09.2013

 

4465

No Breach of Ceiling to ECB Borrowers

59-RBI/30.09.2013

 

4466

Bank Wise Outstanding Statement (XOS) Online to RBI, No Branch Wise Statement Please

60-RBI/01.10.2013

 

4467

Rupee Gains to Rs. 62.55 for Customs Valuation on Imports w.e.f. 4 Oct 2013

103-Cus(NT)/03.10.2013

 

4468

Fertilizer Plunges by 5.5%, Precious Metals 0.3%, Metals 1.3%; Marginal Jump in Energy, Beverages Price in September

World Bank

 

4469

Soda Ash, Phosphorous Trichloride, Glass Vials, Perfume Bottles and Glass Mosaics SION Suspended

30-PN(RE)/04.10.2013

 

4470

FICCI Requests to Board for Reduction of Time Period for Settlement of Rebate on Exports to 30 Days from 90 Days

CBEC Instruction dated 1 October 2013

 

4471

Key Highlights of Anand Sharma with DG, WTO Meet on 7 Oct

ABS News Service

 

4472

Why India’s SEZ Policy Didn’t Work

ABS News Service

 

4473

Bali Preparations, Innovation in Focus at Annual WTO Forum

ABS News Service

 

4474

Yemen Slated for WTO Entry

ABS News Service

 

4475

US Government Shuts Down, Leaving Farm Bill Unfinished

ABS News Service

 

4476

China Builds Asean Role in Obama Absence

ABS News Service

 

4477

Dollar Exports Up by 11.5% in Sept 2013, Import Fall – 18.10%

PIB (MoC&I) Press Release dated 9th October 2013

 

4478

CBEC Clarification on Service Tax Leviable on Restaurant Services

173-ST/07.10.2013

 

4479

Reliance Complaint of PTA Dumping from China, EU, Korea and Thai under Investigation

·      Attack on PTA Imports Revised after Five Year Lull

·      China EU Added to Hit List

·     Indonesia, Malaysia, Japan, Spain and Taiwan Spared as of Now

Anti-dumping Initiation Notification No.14/7/2013-DGAD dated 8th October 2013

 

4480

Consumer Pack Edible Oil MEP Cut by $100

45-Ntfn(RE)/09.10.2013

 

4481

Date of Deposit is Crucial Date for the Interest Meter on Bonded Warehoused Goods

39-CBEC/01.10.2013

 

4482

Customs Centralises Monitoring of EO Default Regularisation Cases in Delhi Zone

40-CBEC/09.10.2013

 

4483

Zero Duty for 745 Items in Indo-Malaysia PTA

·       Cuts by 2.5% to 5% on Major Items

·     Sensitive Lists in Veg Oil, Petrochem, Plastics in Status Quo List

Ntfn 47/10.10.2013

 

4484

Anti-dumping Duty on Bulk Drug Cefadroxil Monohydrate from EU Slapped

22-ADD/10.10.2013

 

4485

Five More Years of Anti-dumping on Ductile Iron Pipes from China in Review

23-ADD/10.10.2013

 

4486

RBI Raises Ceiling for FC Borrowing to $10mn with Concessional Swap

61-RBI/10.10.2013

 

4487

Nepalgunj Road Notified for Drawback

101-Cus(NT)/27.09.2013

 

4488

India-Indonesia Minister in WTO Pow-Wow over Bali Ministerial

PIB (MoC&I) Press Release dated 11th October 2013

 

4489

US in Focus at IMF DC Meet, US Default Fraud with $16.7tn Debt Limit

ABS News Service

 

4490

Yuan Walks the Globe

ABS News Service

 

4491

India on 3 yr Plus Peace Clause on Food Security in Return for “Yes” on TF

ABS News Service

 

4492

Ludhiana Upset on China Circumvention of SAFTA

ABS News Service

 

4493

US Takes No. 1 Slot in World Oil Production with Surging Shale Output at 3.2 mbd

ABS News Service

 

4494

Russia Bans Lithuanian Dairy Products, Demands End to Flirtation with EU

ABS News Service

 

4495

New Aus PM to Ink Trade Pact with China in 12 mos

ABS News Service

 

4496

APEC Meet Supports Bali – Agenda for Ministerial by End Oct

ABS News Service

 

4497

ITA Talks to Resume as China Dilutes Objections

ABS News Service

 

4498

Rupee Gains to 62.20 for Customs Valuation on Imports w.e.f. 18 Oct 2013

105-Cus(NT)/17.10.2013

 

4499

Mono Cartons Containing Stripes/Vials/Bottles Treated as Primary Level Packaging of Pharma Products Exports

31-PN(RE)/17.10.2013

 

4500

Tariff Value Down as Palmolein (US$17/MT), Palm Oil ($26/MT), Gold ($18 per 10 gms) and Areca Nuts (US$163/MT)

Brass Scrap Up US$73/MT

104-Cus(NT)/15.10.2013

 

4501

RBI Issues Format for Submitting of EO Data

62-RBI/14.10.2013

 

4502

CVD of Excise Exemption will Apply on FTA Concessional Duty – Case of Steam Coal from Indonesia

41-CBEC/21.10.2013

 

4503

Fix Duty Drawback Brand Rates in Time, Enjoins DBK JS

CBEC Instruction dated 11th October 2013

 

4504

ACU Scope Restricted to Trade, Payments on Investments and Capital Account between ACU Members only in USD

63-RBI/18.10.2013

 

4505

FM Sets Up Shome Commission for Reform of Tax Admin with Two Retired CBDT and CBEC Officers as Full Members

  More Controls on Tax Payers in the Offing

  Commission Term of 18 months to overlap with New Govt at Centre Due in Six Months

  No Representation to Professionals, Lawyers and Small Size Users

ABS News Service

 

4506

ITA, GPA Negotiations for Bali to Resume on 24 Oct

ABS News Service

 

4507

Putin-MMS Ink Energy Pact

ABS News Service

 

4508

Indian Rupee Falls Another 25 paise to 61.52 against US Dollar

ABS News Service

 

4509

WTO Farm Talks – In Final Lap of Mini Marathon?

ABS News Service

 

4510

Mercury Pollution Pact Signed in Minamata, Japan

ABS News Service

 

4511

Mexico, Korea and Czech Currencies Gain in Emerging Markets

ABS News Service

 

4512

US Fiscal Woes Cast Shadow Over IMF Annual Meeting

ABS News Service

 

4513

Chinese Man Jailed for Life for Oil Made From Waste

ABS News Service

 

4514

New CESTAT Benches at Hyderabad, Chandigarh, Allahabad at Rs. 10 crs per Year

ABS News Service

 

4515

Provisional Anti-dumping Duty Imposed on Methylene Chloride from EU, USA and Korea

24-ADD/21.10.2013

 

4516

Service Tax Exempted on Food and Beverages Served by Canteens Maintained in a Factory

14-ST/22.10.2013

 

4517

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 83.819978 w.e.f. 17 Oct 2013

64-RBI/22.10.2013

 

4518

LCS Petrapole/Benapole and Agartala Port Notified for Import of New Motorcycles

46-Ntfn(RE)/23.10.2013

 

4519

332 Items Identified in 5% Plus Export Decline in 2012-13 Period for Refixation of Annual Export Obligation

07-Pol.Cir/23.10.2013

 

4520

Finished Leather Inputs SIONs for Hide of Cow, Buffalo, Skin of Goat and Sheep Amended

32-PN(RE)/23.10.2013

 

4521

Imported Onion Allowed to be Fumigated in India: Norm Extended Till November End

PIB (MoA) Press Release dated 23rd October 2013

 

4522

Procedure for Closure of EO Default Cases

08-Pol.Cir/25.10.2013

 

4523

Red Sanders Wood Export Quota of 9784.1363 MTs Released

47-Ntfn(RE)/24.10.2013

 

4524

Rs. 155 per Sqm Dumping Duty Imposed on Foshan Qiangbiao Ceramic and Sheenway Corpn in Vitrified Porcelain Tiles Case

25-ADD/22.10.2013

 

4525

7-Chloro-1-Cyclopropyl SION Amended

33-PN(RE)/24.10.2013

 

4526

India Seals China in Border

ABS News Service

 

4527

Board Calls for Wider Coverage in Local Trade Interaction Bodies

42-CBEC/25.10.2013

 

4528

Kolkata Income Tax Commissioners as LTU Assessing Officers Notified

13-CE(NT)/25.10.2013

 

4529

Anti-dumping Investigation of Persulphates Case Extended upto 27 Nov 2013

No. 14/9/2012-DGAD Office Memorandum dated 23 October 2013

 

4530

India’s Rupee Declines before Federal Reserve Policy Decision

ABS News Service

 

4531

Indian Wheat Exports Seen at Record on Government Price Cut

ABS News Service

 

4532

Gold Swings as Investors Weigh Fed Policy Meeting, China

ABS News Service

 

4533

Indonesia Seen Avoiding Total Ban on Mineral-Ore Exports in 2014

ABS News Service

 

4534

Palm Oil Extends Rally to Eight-Month High on Supply Concerns

ABS News Service

 

4535

Merkel Signals Support for ETS “Backloading” Proposal

ABS News Service

 

4536

Another Five Years for Anti-dumping Duty on Paracetamol from China in Review

26-ADD/28.10.2013

 

4537

Five New Pre Shipment Inspection Agencies (PSIA) Notified

34-PN(RE)/29.10.2013

 

4538

One to One Nexus in Advance Authorisation Input-Output Extended to SEZ and Deemed Export Supplies

48-Ntfn(RE)/30.10.2013

 

4539

No Protection to Prior Contract Protection under Para 2.4 for One to One Nexus in Advance Authorisation under Para 4.1.15 Inserted on 1 Aug 2013

35-PN(RE)/30.10.2013

 

4540

Clarification of CENVAT Declaration for Deemed Export Drawback

09-Pol.Cir/30.10.2013

 

4541

National Anti-Doping Agency Included in Dope Testing Equipment Duty Exemption

Ntfn 48/30.10.2013

 

4542

Electronic Calculators from China in Anti-dumping Hit List on Complaint of Ajanta Ltd.

Anti-Dumping Initiation Notification F.No.14/19/2013-DGAD dated 18th October 2013

 

4543

Gold Tariff Value Up by US$24 per 10 gms

106-Cus(NT)/29.10.2013

 

4544

MEP on Onions Raised to US$1150/MT from US$900/MT

49-Ntfn(RE)/01.11.2013

 

4545

Tariff Value Up on Silver (US$39/kg), Palmolein (US$31/MT), Crude Palm Oil (US$38/MT), Crude Soyabean Oil (US$54/MT)

Brass Scrap Tariff Value Down by US$93/MT

107-Cus(NT)/31.10.2013

 

4546

Export Credit of US$19.72mn to Mozambique for Financing of Rural Drinking Project Extension

65-RBI/31.10.2013

 

4547

Export Credit of US$149.72mn to Mozambique for Financing Rehabilitation of Road

66-RBI/31.10.2013

 

4548

Export Credit of US$47mn to Mozambique for Financing Construction of 1200 Houses

67-RBI/31.10.2013

 

4549

Group Company Definition Notified under FDI Policy

68-RBI/01.11.2013

 

4550

ITA II Talks Resume in Geneva with 25

Phasing Out Tariffs Planned for Sensitive Goods

ABS News Service

 

4551

Indian Rupee Weakens, Fed Tapering on the Horizon

ABS News Service

 

4552

Iran Burns Gas as Sanctions Halt Trade

ABS News Service

 

4553

Dollar Rallies to Seven Week High

ABS News Service

 

4555

Indonesia Slaps Local Exchange Trading on Tin to Challenge LME

ABS News Service

 

4556

Indonesia GDP Grows Less Than 6%, Rupiah on the Slide

ABS News Service

 

4557

Rules of Origin (ROO) for Bali Moves Forward

ABS News Service

 

4558

Floods in China Cuts Maize Output

ABS News Service

 

4559

Rupee Falls to 63.10 in Customs Valuation w.e.f. 8 Nov 2013

109-Cus(NT)/07.11.2013

 

4560

Third Party Payments for Exports Allowed Subject to Tripartite LC

Ditto for Imports with Val Limit $100,000

70-RBI/08.11.2013

 

4561

Exempt SAD on Basic Plus CVD Exemption Docs, Separate Doc for SAD Exemption not Necessary – CBEC Clarifies in Mobile Phone Parts Case

43-CBEC/08.11.2013

 

4562

Unlisted Companies Allowed to Raise Capital Abroad for a Period of Two Years without Prior Listing in India

69-RBI/08.11.2013

 

4565

Anand Sharma Bats for FTAs in Top Trade Meet, Chidambaram and Krishnamurthy Opposed

PIB (MoC&I) Press Release dated 6th November 2013

 

4563

De Beers and BHP Billiton Name Changed to De Beers Global and Dominion Diamond

71-RBI/08.11.2013

 

4564

Energy Price Falls 2.5%, Fertilizers 3.8%, Precisous Metals 2.5%; Marginal Jump in Metals, Beverages Price in October

World Bank

 

4566

Orange-Juice Futures Surge Most in Eight Months on Crop Disease

ABS News Service

 

4567

Indian Rupee Leads Losses in Asian Currencies on Fed Outlook

ABS News Service

 

4568

China Export Rises 5.6% in Oct, Global Demand Fix up

ABS News Service

 

4569

US Revises EU Beef Import Rules

ABS News Service

 

4570

EU Removes Tariff on Computer Displays Following Defeat at WTO Panel, Prepares for ITA II at Bali Ministerial

ABS News Service

 

4571

Japan Launches WTO Challenge on Ukraine Safeguard Duties on Passenger Cars

ABS News Service

 

4572

Kerosene and LPG Exports to Nepal and Bhutan Free of Petro Min Control

50-Ntfn(RE)/11.11.2013

 

4573

DGFT Releases 10,000 MTs Sugar Quota for EU to ISGEC for Oct 2013 to Sept 2014

GSP and Origin Certificates by Addl. DGFT, EUR Form Endorsement by Customs at Port of Shipment Must

36-PN(RE)/11.11.2013

 

4574

Anti-dumping Duty on Acrylic Fibre from Korea and Thai Extended by One Year to 19 Nov 2014 - Pending Review

Ntfn 27(ADD)/08.11.2013

 

4575

No Domestic Diversion of Advance Authorisation for Duty Free Gold for Export

73-RBI/11.11.2013

 

4576

File FC-TRS Forms for Transfer of Shares from Residents to Non Residents without NOCs, says RBI

72-RBI/11.11.2013

 

4577

Credit Enhanced Bonds Limit Raised to $5bn

74-RBI/11.11.2013

 

4578

India Reserves Rise by $6.7bn, Cross $300bn this Fiscal

ABS News Service

 

4579

Dollar Exports Up by 13.5% in Oct; Import Falls 14.5%

ABS News Service

 

4580

Rice, Sugar Demand Up in Philippines after Super Typhoon Haiyan

ABS News Service

 

4581

Sugar Export Quota Raised to 50,000MTs from 25,000 MTs per RC

Online Registration Must

10-Pol.Cir/12.11.2013

 

4582

Teetwal LCS in Kupwara Notified for Baggage Clearance

108-Cus(NT)/01.11.2013

 

4583

Tariff Value of Gold Down $23 per 10 gms

110-Cus(NT)/12.11.2013

 

4584

Anti-dumping Duty on Cable Ties from China and Taiwan Extended upto 30 Oct 2014 in Review

Ntfn 28(ADD)/12.11.2013

 

4585

Anti-dumping Duty on Phenol from South Africa Extended to 30 Oct 2014 in Review

Ntfn 29(ADD)/12.11.2013

 

4586

Chidambaram Launches RMS for 11 Customs Stations for Export

ABS News Service

 

4587

Window Opens for Pulses and Vegetable Oil under Advance Authorization with No Sale Condition – Policy

51-Ntfn(RE)/14.11.2013

 

4588

Window Opens for Pulses and Vegetable Oil under Advance Authorization with No Sale Condition – Procedure

37-PN(RE)/14.11.2013

 

4589

Another Five Years of Anti-dumping Duty on Vitamin A Palmitate from China and Switzerland

30-ADD/13.11.2013

 

4590

Anti-dumping Duty on Diclofenac Sodium from China Extended to 9 April 2014 in Review

31-ADD/13.11.2013

 

4591

Tariff Value of Brass Scrap Up US$155/MT, Crude Palm Oil $65/MT and Palmolein $60/MT

Silver and Gold Tariff Value Down $66/kg and $3 per 10 gms Respectively

111-Cus(NT)/14.11.2013

 

4592

Party Decides to Shift China towards Market Economy by 2020

ABS News Service

 

4593

WTO Limps towards Bali, 12 Nov Deadline Extended to 21 Nov to Ink Deal

ABS News Service

 

4594

Petroleum and Alcohol to be Kept Out of GST, says Chairman Empowered Committee

ABS News Service

 

4595

Repeal of Australian Carbon Tax soon under Abbott

ABS News Service

 

4596

India Softens Stand on Food Subsidies at WTO

ABS News Service

 

4597

Divide over “Fast Track” Deepens Among US Lawmakers

ABS News Service

 

4598

Onions Prices Push up Food Price

ABS News Service

 

4599

Indonesia to Ban Nickel Exports

ABS News Service

 

4600

Palm Oil Exports from Indonesia Surge to Highest in Eight Months, India, China up Import

ABS News Service

 

4601

Bitcoins Gain 45 Sold in 2013

ABS News Service

 

4602

Leather Exports thru ICDs at Chennai, Mumbai and Kolkata Allowed

38-PN(RE)/20.11.2013

 

4603

Sub-contracting by Very Large SEZs Units in DTA Units Allowed for Three Years

SEZ Instruction No. 78 dated 11.10.2013

 

4604

Rent a Cab and SEZ Online Services Supply to SEZs in List of 58 for Automatic Service Tax Exemption

SEZ Instruction No. 79 dated 19.11.2013

 

4605

Online Submission of Data on Issuance of Guarantee/LoC by ADs thru Email in XBRL Platform Only

75-RBI/19.11.2013

 

4606

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to 86.513657 w.e.f. 18 Nov’13

76-RBI/19.11.2013

 

4607

Rupee Falls to 63.30 in Customs Valuation w.e.f. 22 Nov 2013

112-Cus(NT)/21.11.2013

 

4608

SEZ Units to Furnish Form A-3 on Service Tax Every Quarter to Jurisdictional Supdt of Central Excise

15-ST/21.11.2013

 

4609

Threshold Limit for Mandatory E-payment of Central Excise Duty Slashed Rs. 1 Lakh from Rs. 10 Lakhs

15-CE(NT)/22.11.2013

 

4610

Amendments in Central Excise Valuation Rules 2000

14-CE(NT)/22.11.2013

 

4611

Forex Borrowing Relaxation Deadline for Banks Extended to 31 Dec for Transactions in Process

77-RBI/22.11.2013

 

4612

CBEC Puts up Pavilion in IITF to Garner Service Tax

PIB (MoF) Press Release dated 22nd November 2013

 

4613

CBEC Issues Service Tax Clarifications after FM Intervenes

PIB (MoF) Press Release dated 25th November 2013

 

4614

Excise Rules on Valuation of Output for Self Consumption Tightened, Part Valuation Procedure Prescribed

975-CBEC/25.11.2013

 

4615

Threshold Limit for Mandatory E-payment of Service Tax Slashed to Rs. One Lakh from Rs. 10 Lakhs

16-ST/22.11.2013

 

4616

CBEC Issues Service Tax Clarification after FM Intervenes

174-ST/25.11.2013

 

4617

Iran Agrees to Nuclear Curbs for $7bn Relief in Sanctions, Freeze on $4.2bn Assets Lifted

ABS News Service

 

4618

“Peace Clause” for India to Apply until 2017 – Pak Opposes

ABS News Service

 

4619

Pre Bali Talks for WTO Accord Fail in Geneva

ABS News Service

 

4620

ITA Expansion by 250 Additions in Final Bali Push, China Holds Out on 60

ABS News Service

 

4621

Revised GPA: Entry into Force Expected in Early 2014 with 2/3rd Ratification

ABS News Service

 

4622

Hopes Dim for US “Fast Track” Renewal in 2013

ABS News Service

 

4623

EU, Japan Aim to Speed Up Trade Talks

ABS News Service

 

4624

Zero Additional Duty on Bangladesh Jute Products

113-Cus(NT)/27.11.2013

 

4625

R.K. Singla Appointed as DG China Specific Safeguards and General Safeguards in Place of Ram Tirath

114-Cus(NT)/27.11.2013, 115-Cus(NT)/27.11.2013

 

4626

Excise Exemption on Relabeling of Scheduled Drug Formulations Extended upto 90 Days from 30 Days

29-CE/26.11.2013

 

4627

Global Consortium for Inter Border Trade Notified as Pre-shipment Inspection Agency

39-PN(RE)/26.11.2013

 

4628

Reduction in Threshold Limit for Mandatory E-Payment of Central Excise Duty and Service Tax

PIB (MoF) Press Release dated 27th November 2013

 

4629

Mandatory use of Jute in Packaging for the Jute year 2013-14

PIB (CCEA) Press Release dated 28th November 2013

 

4630

One Time Facility for Regularization of Export Obligation Default Cases

02-TN/27.11.2013

 

4631

Cabinet Approves Proposal for Extension of Rice and Paddy Central Order for One More Year

PIB Press Release dated 28th November 2013

 

4632

CBEC Pavilion Received Bronze Medal for Excellence in Display at 33rd Indian International Trade Fair, 2013

PIB (MoF) Press Release dated 28th November 2013

 

4633

Tariff Value of Gold and Silver Down $9/10 gms and $30/kg Respectively

Poppy Seeds Tariff Value Up US$225/MTs

Palmolein Down US$8/MTs; Brass Scrap US$89/MTs

116-Cus(NT)/29.11.2013

 

4634

On Ministerial Eve, India Stands Alone in Bali

ABS News Service

 

4635

e-BRC Project Wins 2013 eASIA Award

PIB (MoC&I) Press Release dated 2nd December 2013

 

4636

India Talks Tough at WTO Bali Ministerial Meet

‘Food Security for 4 bn World Non Negotiable’, Says Anand Sharma

ABS News Service

 

4637

Bali Meeting Seeks to Save Deal on World Trade

ABS News Service

 

4638

Zero Duty on Anti Tuberculosis Drugs, Diagnostic and Eqpts Import upto 1 Oct 2015

Ntfn 49/29.11.2013

 

4639

Zero Excise on Anti Tuberculosis Drugs, Diagnostic and Eqpts Import upto 1 Oct 2015

30-CE/29.11.2013

 

4640

10 Narcotics Drugs and Psychotropic Substances Export Permitted Subject to NOC from Narcotics Commissioner

55-Ntfn(RE)/03.12.2013

 

4641

Anti-dumping Duty on Polypropylene – Entries Relating to Oman in Notification Omitted

32-ADD/02.12.2013

 

4642

Value Added Products of Red Sanders Wood Chips, Powder, Furniture, Toys, Dolls and Handicrafts Export Restricted

54-Ntfn(RE)/03.12.2013

 

4643

Value Added Products of Red Sanders Wood Quota of 1998.5917 MTs for AP Govt Released

42-PN(RE)/03.12.2013

 

4644

Human Embryo Import Allowed Freely Subject to NOC from Indian Council of Medical Research

52-Ntfn(RE)/02.12.2013

 

4645

MEP of Rs. 288/kg on Broken Cashew Kernel and Rs. 400/kg on Cashew Kernel Whole Notified

53-Ntfn(RE)/02.12.2013

 

4646

Beta Picoline Input Quantity under Nicotinic Acid/Niacin SION Reduced to 0.9 kg from 1.2 kg

41-PN(RE)/02.12.2013

 

4647

Beta Picoline Input Quantity under Cyanopyridine SION Reduced to 1.05 kg from 1.21 kg

40-PN(RE)/02.12.2013

 

4648

Anand Sharma Meets China and EU for ‘Balanced Package’ at Bali

Holds Bilateral with Counterparts at WTO Bali Ministerial

ABS News Service

 

4649

Indonesia-Sri Lanka Talk Wheat and Tea Trade

ABS News Service

 

4650

Brazil Ethanol Exports Threatened by 68% Cut in US Biofuel Mandate

ABS News Service

 

4651

Brazilian Raw Sugar Discount Widens on Harvest, Indian Shipments

ABS News Service

 

4652

Raw Sugar Extends Longest Slump since August 2012 on Supply Glut

ABS News Service

 

4653

Indian Sugar Pricing Plan Seen Reviving Nation’s Mills

ABS News Service

 

4654

Cabinet Approves Proposal for Extension of Rice and Paddy Central Order for One More Year

ABS News Service

 

4655

Its Food Stock Subsidies to “Make or Break” Bali Trade

ABS News Service

 

4656

Rupee Gains to 62.30 for Customs Valuation on Imports w.e.f. 6 Dec 2013

117-Cus(NT)/05.12.2013

 

4657

RBI Permits ECB by Holding Companies for Special Purpose Vehicles in the Infrastructure Projects

78-RBI/03.12.2013

 

4658

WTO Reaches Its First Ever Trade Deal at Bali Meeting

·   The Draft Bali Ministerial Declaration

·   TRIPS Non-violation and Situation Complaints

·   Electronic Commerce

·   Small Economies

·   Aid for Trade

·   Trade and Transfer of Technology

·   Trade Facilitation

·   General Services

·   Food Security

·   Understanding on Tariff Rate Quota Administration Provisions of Agricultural Products, as Defined in Article 2 of the Agreement on Agriculture

·   Export Competition

·   Cotton

·   Preferential Rules of Origin for Least-Developed Countries

·   Operationalization of the Waiver Concerning Preferential Treatment to Services and Service Suppliers of Least-Developed Countries

·   Duty-Free and Quota-Free Market Access for Least-Developed Countries

·   Monitoring Mechanism on Special and Differential Treatment

ABS News Service

 

4659

Commodity Price Falls 0.9% to 2.2% in November

World Bank

 

4660

Historic Bali Deal to Spring WTO, Global Economy Ahead

ABS News Service

 

4661

China Raises Ship-Scrapping Subsidy 50% to Trim Glut of Vessels

ABS News Service

 

4662

Dimethylamine Hydrochloride, Sodium Cyanide and Sodium Fluoride Export Restricted

56-Ntfn(RE)/12.12.2013

 

4663

Extension of Warehousing and Acceptance of LUT for Export Warehousing for Status Holder Manufacturer Exporters

976-CBEC/12.12.2013

 

4664

Chidambaram Asks DRI to Focus on Better Trade Facilitation and Latest Technology

PIB (MoF) Press Release dated 12th December 2013

 

4665

Vizag Port Trust Upgrades Facility at Inner Harbor for Handling Iron Ore

PIB (MoS) Press Release dated 12th December 2013

 

4666

India-UAE Sings BIPPA

PIB (MoF) Press Release dated 12th December 2013

 

4667

Cabinet Approves MSP for Copra

PIB (CCEA) Press Release dated 12th December 2013

 

4668

HC Asks I-T to Release Nokia Chennai Plant

ABS News Service

 

4669

Tariff Value of Gold Down US$7/10 gms; Crude Soyabean Oil US$30/MT

Poppy Seeds Tariff Value Up US$373/MT; Areca Nuts US$109/MT; Brass Scrap US$24/MT and Palmolein US$5/MTs

130-Cus(NT)/13.12.2013

 

4670

CBEC Issues Clarification on Service Tax Voluntary Compliance Scheme

F. No. B1/19/2013-TRU (Pt.) dated 11th December 2013

 

4671

Export Credit of US$30.94mn to Laos for Development of Irrigation Systems

79-RBI/06.12.2013

 

4672

Yen Gains from 5-Year Low before Fed Starts Meeting; Euro Climbs

ABS News Service

 

4673

EU, China Crackdown on Bitcoins

ABS News Service

 

4674

Bitcoins Fail Currency Test in Norway

ABS News Service

 

4675

Uruguay Legalizes Marijuana

ABS News Service

 

4676

Couriers, Transporters Gain from TF at WTO

ABS News Service

 

4677

Duty Cuts of .5% to 8.89% in Indo-Singapore FTA

Ntfn 50/16.12.2013

 

4678

MEP on Onion Cut to US$800/MT from US$1150/MT

57-Ntfn(RE)/16.12.2013

 

4679

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 83.564155 w.e.f. 12 Dec ’13

80-RBI/16.12.2013

 

4680

Mumbai High Court Judgement on Refund Cases

CBEC Instruction  dated 11.12.2013

 

4681

Trans Pacific 12 Nation Partnership Meet in Singapore for WTO Plus Deal - Talks to Continue in 2014

ABS News Service

 

4682

“Fast Track” Legislation Slips into Slow Lane

ABS News Service

 

4683

China Challenges US at WTO on Dumping Methodology

ABS News Service

 

4684

Ambassador Siddiqui to Leave USTR

ABS News Service

 

4685

China Raises Ship-Scrapping Subsidy 50% to Trim Glut of Vessels

ABS News Service

 

4686

Group Company Definition Widened

Limited Liability Partnerships (LLPs) Included in the Definition

58-Ntfn(RE)/18.12.2013

 

4687

DGFT to Reconsider Ban on Captive Power Plants under EPCG – Invites Views from Trade

08-TN/17.12.2013

 

4688

DGFT Places Six Pharma SION under Sunset Review

43-PN(RE)/16.12.2013

 

4689

CBEC Clarifies that Non Filing of Appeal on Ground of Low Value should not Mean that Department has Accepted Original Order

CBEC Instruction dated 12th December 2013

 

4690

GoI Approves $50bn Swap with Japs

ABS News Service

 

4691

G-20 Trade Restrictions Increase as Trade Flows Slow Down, says WTO Report

ABS News Service

 

4692

Union Cabinet Approves Stands taken by India at Bali Ministerial

PIB (Cabinet) Press Release dated 19th December 2013

 

4693

Rupee Falls to 62.90 for Customs Valuation on Import w.e.f. 20 Dec 2013

131-Cus(NT)/19.12.2013

 

4694

DGAD Issues Guidelines on Submitting ‘Confidential Information’ for Anti-dumping Investigation

DGAD Trade Notice No. 01 dated 9th December 2013

 

4695

DGFT Invites Comments on Modified Online IEC Application Process with only Rs. 250 for Online Application

·    Only PAN Number and Bank Certificate Required

·    Mobile and Email Ids to be Confirmed

DGFT Website

 

4696

MEP on Onions Cut to US$350/MTs from US$800/MTs

59-Ntfn(RE)/19.12.2013

 

4697

Inter Ministerial Committee Fixes Onion MEP to Promote Export

PIB (MoC&I] Press Release dated 19th December 2013

 

4698

CCEA Approves Continuation of Free Export of Sugar without QRs

PIB (CCEA) Press Release dated 19th December 2013

 

4699

Interest Free Loans to Sugar Mills, More Farmer Subsidies, Steps to Boost Sugar Consumption

ABS News Service

 

4700

Tapering of Securities Purchases Policy to $75bn per Month from $85bn

PIB (MoF) Press Release dated 19th December 2013

 

4701

Cabinet Committee Approves National Programme for Bovine Breeding and Dairy Development

PIB (CCEA) Press Release dated 19th December 2013

 

4702

Obama to Veto US Senators Bill for Iran Sanctions

ABS News Service

 

4703

Obama to Sign First Budget by Divided Congress Since 1986

ABS News Service

 

4704

Natural Rubber Duty Raised to the Lower of 20% or Rs. 30 per kg from 20% or Rs. 20 per kg

Ntfn 51/20.12.2013

 

4705

Workers Remittances well above FDI, Aid and Donations

ABS News Service

 

4706

New Customs Form for Incoming Passengers from New Year, No Immigration Form

ABS News Service

 

4707

CBEC Revises Unit Quantity Code in Customs Tariff Schedule

·      Many Quantities Falls in Kgs Change to Numbers

·     Comments Invited by Tariff Unit by 15 January on Draft

CBEC Draft Circular dated 23rd December 2013

 

4708

Distribution of Input Service Credit by Input Service Distributors Draft Circular – CBEC Invites Comment

CBEC Draft Circular dated 17th December 2013

 

4709

Wood Charcoal Exports to Bhutan Permitted

60-Ntfn(RE)/23.12.2013

 

4710

Sheet Glass from China under Anti-dumping Investigation on Complaint of Bharat Glass Tube Ltd.

Anti-dumping Initiation Notification No.14/22/2013-DGAD dated 20th December 2013

 

4711

Borrowing and Lending in Rupees - Investments by Persons Resident Outside India in the Tax Free, Secured, Redeemable, Non-convertible Bonds

81-RBI/24.12.2013

 

4712

MEP on Onions Cut to US$150 from US$350/MTs

Great Fall from $900 on 14 Aug 2013

61-Ntfn(RE)/26.12.2013

 

4713

Integrated Check Post at Petrapole in 2014

PIB (Ministry of Textiles) Press Release dated 24th December 2013

 

4714

RBI Clamps Down on Bitcoin Virtual Currency

ABS News Service

 

4715

Apple for Sales Ban on Samsung Galaxy Smart Phones Series

ABS News Service

 

4716

Service Tax Offices Remain Open on 28 and 29 Dec

ABS News Service

 

4717

AAM AADMI at Ramlila Maidan in Delhi

ABS News Service

 

4718

Revenue Adds Four New Categories for Exclusion of FMS Benefits

(Impact: Amendment may Kill Floating Stock of FMS Scrips in the Four Categories. Editor’s Suggestion: Let DGFT Policy Work Independently).

Ntfn 52/26.12.2013

31-CE/26.12.2013

17-ST/27.12.2013

 

4719

Zero Customs Duty for Kameng Hydro Electric Power Project at Arunachal Pradesh

Ntfn 53/26.12.2013

 

4720

Zero Excise Duty for Kameng Hydro Electric Power Project at Arunachal Pradesh

32-CE/26.12.2013

 

4721

SAD Exemption on Stock Transfers from SEZ to DTA Withdrawn

·      CBEC Issues Clarification on Notification 45/2005

·      FTWZ Clearances Affected – Past Clearances may be reopened

·      Trade Asks CBEC to Put SAD Refund Procedure in Place

44-CBEC/30.12.2013

 

4722

Final Findings Date in Steel Pipes Safeguard Case Pushed Back by Three Months to 21 March 2014

132-Cus(NT)/27.12.2013

 

4723

Electronic Procedure for Authorizations for Export of Dimethylamine Hcl, Sodium Cyanide and Sodium Fluoride

11-Pol.Cir/30.12.2013

 

4724

Manual Procedure for Inputs in Shipping Bill in Special Cases

Additional DGFT Mumbai Trade Notice No. 04 dated 27th December 2013

 

4725

Only Scrutinized Applications for IEC Please, says Mumbai ZDGFT

Additional DGFT Mumbai Trade Notice No. 03 dated 18th December 2013

 

4726

China Commerce Minister: Optimistic About 2014 Exports

ABS News Service

 

4727

Palm Poised for First Annual Gain Since 2010 as Demand Surges

ABS News Service

 

4728

Sunset for Worst Year for Gold and Silver

ABS News Service

 

4729

Customs Declaration for Baggage Postponed by Three Months

Implementation Date from New Year Shifted to New Financial Year

133-Cus(NT)/30.12.2013

 

4730

Tariff Value of Gold Down $6/10 gms, Silver $5/kg; Crude Soyabean Oil $37/MTs, Palmolein $29/MTs, Palm Oil US$20-25/MTs

Brass Scrap Tariff Value Up US$10/MT, Poppy Seeds US$41/MTs

134-Cus(NT)/31.12.2013

 

4731

Aam Aadmi Party Government Simplifies VAT Filing System

ABS News Service

 

4732

CBEC Gets Two More Women Members

ABS News Service

 

4733

Export of Stone Aggregates to Maldives Permitted again After the Ban in Feb 2013

62-Ntfn(RE)/01.01.2014

 

4734

Anti-dumping Duty Raised on Vietnamese DVDs in Review

34-ADD/31.12.2013

 

4735

Another Five Years of Anti-dumping on Phosphoric Acid from China – Duty Raised in Review

33-ADD/31.12.2013

 

4736

Inputs Quantity Cut Against Amino Methyl SION

44-PN(RE)/30.12.2013

 

4737

Board Crack Down on Sub Contracting by Cargo Service Providers – Commissioner Permission Must

45-CBEC/31.12.2013

 

4738

Indo-Japan CEPA Concessional Duty

Duty Slashed on Engines of 250cc Plus and Gear Boxes and Parts

Ntfn 55/31.12.2013

 

4739

Indo-Korea CEPA General Duty on 966 Items – Quarter to 5 percent Cut

Ntfn 54/31.12.2013

 

4740

One to Five percent Duty Cut on 709 Items in Indo-Malaysia PTA

Ntfn 56/31.12.2013

 

4741

Indo-ASEAN FTA Duty One to Five percent Cut

Ntfn 57/31.12.2013

 

4742

Importer Recognize as First Stage Dealer for Issue of CENVAT Credit Documents, Excise Registration Required

17 and 18-CE(NT)/31.12.2013

 

4743

Rupee Rises to 62.35 w.e.f. 3 January 2014

01-Cus(NT)/02.01.2014

 

4744

Online Contract Registration for Controlled Commodities Streamlined – No Hard Copy of Supports after Registration Required

63-Ntfn(RE)/03.01.2014

 

4745

Tariff Value of Cosmetics under MRP Based Assessment Fixed on Retail Transaction Value Basis

16-CE(NT)/31.12.2013

 

4746

Use of Ch 4 Reward Scrips for Export Obligation Shortfall Duty Not Allowed

64-Ntfn(RE)/06.01.2014

 

4747

Anti-dumping Duty on Nylon Tyre Cord Fabric from Belarus– Change in Producer Name

01-ADD/03.01.2014

 

4748

CFL in CKD/SKD Condition from China and Sri Lanka – Anti-dumping Duty Extended to 20 Nov 2014

Review for Vietnam on

02-ADD/03.01.2014

 

4749

Ambrettolide SION Amended – Input Quantities Reduced

45-PN(RE)/06.01.2014

 

4750

Education Cess not to be calculated on Cesses Levied under Acts Administered by Department/Ministries other than Department of Revenue

978-CBEC/07.01.2014

 

4751

An Existing Unit in J&K under Notification No. 56/2002-CE & 57/2002-CE by Way of Substantial Expansion can Avail of Excise Duty Exemption under Notification No. 1/2010-CE dated 06.02.2010 again by Way of Second Substantial Expansion

977-CBEC/03.01.2014

 

4752

China’s Cabinet Imposes New Rules in Shadow Banking Fight

ABS News Service

 

4753

IMF Confident of World Growth as US Picks up

ABS News Service

 

4754

Gold Drops as Dollar Strengthens Before Fed Minutes

ABS News Service

 

4755

India–San Marino Signs Tax Information Exchange Agreement (TIEA)

ABS News Service

 

4756

Energy Prices Jump 3.2%, Beverages 4%, Metals 1%; Precious Metals Down by 4.3% in December

World Bank

 

4757

Avail CENVAT by 5th Else Facility for the Month will Lapse, Rules CBEC

01-CE(NT)/08.01.2014

 

4758

India-Korea for Double Taxation Deal Soon

ABS News Service

 

4759

Over 300 Times Increase in Service Tax Revenue

ABS News Service

 

4760

SAD NEWS: Ram Das Goyal, Father of Editor Arun Goyal is No More

ABS News Service

 

4761

DGFT to Share e-BRC Database with Enforcement Directorate

Harassment to Exporters for Non Realization of Export Proceeds may Come Down

ABS News Service

 

4762

Power for Time Extension to Install EPCG

48-PN(RE)/10.01.2014

 

4763

Procedure for Insurance Claims in Payment Cases Launched

47-PN(RE)/08.01.2014

 

4764

Procedure for Third Party Exports under EDI System for Currency Conversion Introduced

46-PN(RE)/08.01.2014

 

4765

No Type Approval for Racing Cars

65-Ntfn(RE)/08.01.2014

 

4766

Transmission Shafts/Power Takeoff Shafts Classified in 8483 10 99

02-CBEC/09.01.2014

 

4767

Human Embryo Classified under “Other Parts” under Chapter 5, Import Requires Licence

01-CBEC/09.01.2014

 

4768

RBI Eases Gold Dore Import Norms, Allows Refineries to Import 15% of their Annual Requirements in Fist Two Months

82-RBI/31.12.2013

 

4769

RBI Clarification on Capital Account Transactions by Resident Outside India under Sec 6(4) of FEMA, 1999

90-RBI/09.01.2014

 

4770

MRO Operations under Airports Included in Infra Lending

85-RBI/06.01.2014

 

4771

RBI Expands Scope of Rupee Drawing Arrangements - Permitted Transactions Included

88-RBI/09.01.2014

 

4772

RBI Allows NRIs to Operate Resident Bank Account on “Either or Survivor” Basis

87-RBI/09.01.2014

 

4773

Pricing Guidelines for FDI Instruments with Optionality Clauses

86-RBI/09.01.2014

 

4774

Rollover of Guarantees Not to be Treated as Fresh Financial Commitments

83-RBI/03.01.2014

 

4775

Indian Companies to Issue Non-Convertible Debentures – RBI Clarification

84-RBI/06.01.2014

 

4776

Export Credit of US$42.61mn to Benin for Financing Upgradation of Water Supply Schemes

89-RBI/09.01.2014

 

4777

Iran Gets Sanctions Relief Jan. 20 as Nuclear Deal Begins

ABS News Service

 

4778

December Export Growth Dip to 3.5% after 10% plus in Earlier Months

ABS News Service

 

4779

Country of Participating Sports Teams must be Mentioned for Service Tax Exemption

01-ST/10.01.2014

 

4780

Bitcoin Banned by Alibaba’s Taobao After China Tightens Rules

ABS News Service

 

4781

India and Canada sign Letter of Intent for Co-operation in Iron and Steel Sector

ABS News Service

 

4782

India's MRO Sector Receives Infrastructure Status

PIB (MCA) Press Release dated 13th January 2014

 

4783

Implementation of SC Decision on Fiat India Case – CBEC Clarification

979-CBEC/15.01.2014

 

4784

Type Approval Certificates for Vehicles, Eqpts and Parts Accepted from 51 Listed Agencies

12-Pol.Cir/15.01.2014

 

4785

Tariff Value of Gold Up US$15 per 10 gms; Silver US$25/kg; Brass Scrap US$55/MTs

Palm Oils and Palmolein Tariff Value Down from US$14/MTs to US$26/MTs

02-Cus(NT)/15.01.2014

 

4786

Cabinet Approves Extension of Special Package of Industrial Incentive for HP and Uttarakhand

PIB (CCEA) Press Release dated 15th January 2014

 

4787

Rupee Rises to 62.20 for Customs Valuation on Imports w.e.f. 17 Jan 2014

03-Cus(NT)/16.01.2014

 

4788

Another Five Years for Anti-dumping Duty on Nonyl Phenol from Chinese Taipei in Review

05-ADD/16.01.2014

 

4789

Anti-dumping Duty on Caustic Soda from China Extended for One More Year upto 25 Dec 2014

03-ADD/16.01.2014

 

4790

Anti-dumping Duty on Caustic Soda from Korea RP Extended upto 25 Dec 2014

04-ADD/16.01.2014

 

4791

Guidelines on New Land Policy for Major Ports Released

PIB (MoS) Press Release dated 16th January 2014

 

4792

India-Korea Signs MoU for Mutual Recognition of Digital Signature Certificates for Efficient E-Governance and Cross Border Trade Facilitation

PIB (MoC&IT) Press Release dated 17th January 2014

 

4793

Customs Notification on Import of Prohibited Goods for Export Production under Para 4.4.1(b) of HoP

Ntfn 01/17.01.2014

 

4794

Refined Oil Duty Hiked to 10% from 7.5%

Ntfn 02/20.01.2014

 

4795

RBI Liberalises Merchanting Trade – Imports may Precede Exports

95-RBI/17.01.2014

 

4796

No Stock Control under ECA for Export of Rice, Oil and Oilseeds

Ministry of Consumer Affairs, Food and Public Distribution Order dated 9th January 2014

 

4797

EOU Procedural Reforms Notified – Import Permission from Administrative Agency Continues!

Office Memorandum dated 2nd January 2014

 

4798

Get Discharge Certificate Quickly under VCES

176-ST/20.01.2014

 

4799

Exchange Rate on Agreement Date to Apply for Conversion of ECB and Lumpsum Fee into Equity

94-RBI/16.01.2014

 

4800

Hong Kong and Macau Join Pak and China – Special RBI Permission Required to Establish Office in India

93-RBI/15.01.2014

 

4801

RBI Returns to Free Foreign Exchange Trading for Contracted Exposures upto One Year

92-RBI/13.01.2014

 

4802

Export Credit of US$125mn to Sudan for Financing of Mashkour Sugar Project

91-RBI/13.01.2014

 

4803

Japan Fixes 0.2 ppm MRL for Shrimps, 0.01 ppm Standard Relaxed

PIB (MoC&I) Press Release dated 21st January 2014

 

4804

Agreement between Ennore Port and Ford India to Boost Auto Exports

PIB (MoS) Press Release dated 21st January 2014

 

4805

Argentina Files WTO Complaint against EU Biodiesel Duties

ABS News Service

 

4806

EU Takes Aim at Brazilian “Tax Advantages” in WTO Dispute

ABS News Service

 

4807

US Farm Support Still Largely Food Stamps, New Data Shows

ABS News Service

 

4808

Drawback Rates Hiked on Note Books, File Folders, Tractors, Poultry Eqpts, Motor Vehicles, Toys

·   Drawback Cap Raised on Leather Handbags, Belts and Bandoliers

·    Coir Carpets and Durries Cap Raised to 53.5 and 28.4 per Unit

·   Drawback Rates Notified on Man Made Fibres, Gold Gloves, Bobbins, Fabric Swatches

05-Cus(NT)/21.01.2014

 

4809

Dumping Investigation Initiated on PVC Paste Resin from Norway and Mexico on Complaint by Chemplast Sanmar, Chennai

Anti-dumping Initiation Notification No. 14/5/2013-DGAD dated 22nd January 2014

 

4810

CENVAT Credit Rules 2004 Amendments

02-CE(NT)/20.01.2014

 

4811

Currency Hedging by FIIs through Banks

96-RBI/20.01.2014

 

4812

DGFT Anup Pujari Empanelled for Secretary, Rajeev Kher for Commerce Secretary

ABS News Service

 

4813

DGFT Restores Incremental Export Incentive to Cotton Yarn Exports

66-Ntfn(RE)/23.01.2014

 

4814

Anti-dumping Duty Imposed on DASDA from China for Five Years

09-ADD/23.01.2014

 

4815

Another Five Years of Anti-dumping Duty on Hexamine from Saudi Arabia and Russia – Duty Slashed to $86.35/MT for Saudi Arabia in Review

08-ADD/23.01.2014

 

4816

Anti-dumping Duty on NBR from Korea Extended upto 1 Jan 2015

06-ADD/23.01.2014

 

4817

Export Duty on Iron Ore Pellets Hiked to 5% from Nil

Ntfn 03/27.01.2014

 

4818

Pan Masala Duty Raised by Hiking Production Capacity

Government Revises the Capacity of Production and Consequent Increases the Duty on Pan Masala and Tobacco Products Including, Gutka, Chewing Tobacco, and Filter Khani etc

980-CBEC, 01-CE, 02-CE, 03-CE(NT), 04-CE(NT) dated 24.01.2014

 

4819

Anti-dumping Duty on Float Glass from China and Indonesia Extended upto 5 Jan 2015

07-ADD/23.01.2014

 

4820

CBEC Clarification on Levy of Service Tax on Services Provided by RWAs to its Own Members

175-ST/10.01.2014

 

4821

Export Credit of US$19.50mn to Vietnam

98-RBI/27.01.2014

 

4822

RBI Rationalises KYC Norms for Corporates for Forex Transactions – Requires List of Officials with Names and Signatures Authorized by MD/CFO

97-RBI/20.01.2014

 

4823

Chidambaram Asks Officers to Master Technology on International Customs Day

PIB (MoF) Press Release dated 27th January 2014

 

4824

US Pulls in African Goods thru AGOA

African GDP has Doubled Since 2000

ABS News Service

 

4825

Faroe Island Requests WTO Panel in EU Fisheries Dispute

ABS News Service

 

4826

China Shifts on Cotton Stockpiling Policy Sparks Questions

ABS News Service

 

4827

APEC Deal on Trade Environmental Goods to Kick Off?

ABS News Service

 

4828

EU Temporarily Suspends Investment Part of US Trade Talks

ABS News Service

 

4829

Bhutan Lifts Ban on Furniture, Alcohol Import from India

ABS News Service

 

4830

India Lifts Ban on Bhutan Project Goods Reimport of Third Party Origin

07-Cus(NT)/28.01.2014

 

4831

Golakganj (Bangladesh) Land Customs Station Notified for Import and Export of Goods by Land

06-Cus(NT)/23.01.2014

 

4832

New PAN Card Allotment Norms Involving Multiple Proofs Put on Hold

PIB (MoF) Press Release dated 30th January 2014

 

4833

Chennai DRI Seizes 21 kg of Gold Bars Valued at Rs. 6.50 crs

Chennai DRI Press Release dated 28th January 2014

 

4834

Natchiappan Convenes Performance Review Meeting of EPCES Steps Suggested to Boost Exports from SEZs

PIB (MoC&I) Press Release dated 30th January 2014

 

4835

India-Fiji Sings Double Taxation Avoidance Agreement

PIB (MoF) Press Release dated 30th January 2014

 

4836

Only Bodies set up by Parliament or with 90% Govt Control Eligible for Service Tax Exemption under “Govt Authority”

02-ST/30.01.2014

 

4837

CBEC Clarification on Duty Drawback Rate Changes of 21 Jan 2014

03-CBEC/30.01.2014

 

4838

Tariff Value Falls: Brass Scrap (-) $36/MT; Soyabean (-) $27/MT; Silver (-) $28/kg; Gold (-) $3/10 gms

08-Cus(NT)/31.01.2014

 

4839

DGFT Holds Pre Shipment Inspection Agency Meet, Considers 27 Cases, Nine New Agencies Notified

DGFT Website

 

4840

Nine New Pre Shipment Inspection Agencies (PSIA) Notified

49-PN(RE)/31.01.2014

 

4841

SEBI Registered FIIs Long Term Investors Sub-Limit Enhanced to USD 10bn

99-RBI/29.01.2014

 

4842

Filipino Elected as WTO Trade Facilitation Committee Chair

ABS News Service

 

4843

India Loses U.S. Air Safety Rating on Manpower Shortage at DGCA

ABS News Service

 

4844

Search Begins for Rev Secy to Succeed Incumbent Sumit Bose

ABS News Service

 

4845

Zero CVD Withdrawn on Tunnel Boring Machines and their Parts and Components – 12% CVD Applicable Now

Ntfn 04/03.02.2014

 

4846

Zero Excise Duty for Dicalcium Phosphate of Animal Feed Grade

12% CVD for Railway for Tramway Track Construction Material to Avail Cenvat on Inputs

03-CE/03.02.2014

 

4847

Service Tax Non Payment by Brokers in the Past Regularised

03-ST/03.02.2014

 

4848

Congress Passes Farm Bill to Set US Agri Policy for Five Years

Crop Subsidy Replaced by Insurance

ABS News Service

 

4849

'Shocking' Natural Gas Prices Expected to Continue to Rise

ABS News Service

 

4850

Another Battle in War Against China Solar, US Launches Fresh Probe

ABS News Service

 

4851

Free Trade in Energy Export

ABS News Service

 

4852

Gold Rises as Shares Fall in World Market

ABS News Service

 

4853

Australia as New G-20 Head Puts Trade First in Agenda

ABS News Service

 

4854

South Africa Clampdown on Multiple Patents

ABS News Service

 

4855

Norway, Canada on the Opposing Side

ABS News Service

 

4856

Rupee Falls to Rs. 62.95 for Customs Valuation on Imports w.e.f. 7 February 2014

09-Cus(NT)/06.02.2014

 

4857

Third Party Payments for Imports – Value Limit of US$100,000 Withdrawn

100-RBI/04.02.2014

 

4858

Energy, Food, Prices Down; Fertilizers, Precious Metals Up in January

World Bank

 

4859

Food Prices are Expected to Decline in 2014, for the Second Consecutive Year, says the Latest Commodity Markets Outlook

Commodity Markets Outlook - January 2014

 

4860

RBI Develops Single Platform of Export Data Processing and Monitoring System (EDPMS) for Software Exports Transactions

101-RBI/04.02.2014

 

4861

Passengers Must Declare Hand Baggages also in Customs Declaration Form

Indian Currency Limit Raised to Rs. 10,000 from Rs. 7,500/-

10-Cus(NT)/10.02.2014

 

4862

CBEC Clarification on Import of Prohibited Goods for Export Production under Advance Authorization – Para 4.4.2 of HoP

04-CBEC/10.02.2014

 

4863

Finance Minister Chidambaram Releases First Hindi Budget Manual

PIB (MoF) Press Release dated 11th February 2014]

 

4864

Clarification on the Reports that Finance Ministry Pays Interest on Excess Tax Refund

PIB (MoF) Press Release dated 8th February 2014

 

4865

Augmentation of Port Capacities would Enable Ports to Work Optimally

Improve Exim Trade and Raise Declining GDP Numbers says M Rafeeque Ahmed, President, FIEO

FIEO Press Release dated 6th February 2014

 

4866

US Challenges India’s Solar Export Restrictions

ABS News Service

 

4867

WTO Ag Negotiators Begin Charting Post-Bali Course

ABS News Service

 

4868

Dollar Exports Rise 3.9%, Imports Fall 18% in Jan 2014

India’s Foreign Trade: January, 2014

ABS News Service

 

4869

Tariff Authority to be Made an Appellate Body to Curtail Cross-Subsidization, President FIEO

FIEO Press Release

 

4870

China Trade Growth Defies Signs of Slowdown

ABS News Service

 

4871

Iran Summons Swiss Envoy over US Sanctions

ABS News Service

 

4872

DGFT Initiates Exercise for New 2014-2019 Foreign Trade Policy

ABS News Service

 

4873

Export of Arms and Related Materials to Iraq Permitted Subject to NOC from Dept of Defence Production

68-Ntfn(RE)/12.02.2014

67-Ntfn(RE)/12.02.2014

 

4874

Revised Rate of Excise Duty on Cigarettes in 2012 Budget Applicable w.e.f. the Enactment of FA on 28 May 2012 not from 17 March 2012

981-CBEC-11.02.2014

 

4875

Tariff Values Rises: Gold US$17/10 gms; Silver US$28/kg; Areca Nuts US$56/MTs; Crude Palm Oil $9/MT; RBD Palm Oil $17/MTs

Tariff Value Falls: Brass Scrap (-)$46/MTs

11-Cus(NT)/14.02.2014

 

4876

RBI Issues Revised Form FC-GPR for FDI Reporting

102-RBI/11.02.2014

 

4877

Cabinet Approves IBM and ST Microelectronics with Partners for Semiconductor Wafer Fabrication

·     Exchequer to give 25% Subsidy on Capital Goods in 63k crs Outlay

·     6k crs Interest Free Loan

·    Plants to Come up in Noida and Gujarat

PIB (Cabinet) Press Release dated 14th February 2014

 

4878

US FDA will Inspect Plants in India only Association with Indian Drug Controllers

ABS News Service

 

4879

Finance Minister, Chidambaram Presents Interim Budget 2014-15 in Parliament on 17 February 2014

Budget Speech

Finance Bill

Key Budget Documents

Key Features of Budget 2014-2015

ABS News Service

 

4880

Union Budget 2014 (Interim): Changes in Service Tax Circular from TRU, Department of Revenue

ABS News Service

 

4881

Excise Duty on Mobile Handsets to be Restructured

·      Customs Duty Structure to be Rationalised to Encourage Production of Soaps and Oleo Chemicals

·      Relief to the Manufacturing Sector;  Cars and Scooters to be Cheaper

·     Production of Security Paper for Printing Currency Notes also Gets Encouragement

ABS News Service

 

4882

Direct Taxes Code (DTC) to be put on the Website of the Ministry for Public Discussion

ABS News Service

 

4883

A ‘Research Funding Organisation’ to be Set up to Fund Research Projects Selected through a Competitive Process

ABS News Service

 

4884

Loading, Unloading, Packing, Storage and Warehousing of Rice also Exempted from Service Tax; Cord Blood Banks also Get the Same Relief

ABS News Service

 

4885

Indian Economy Steers Out of Troubled Waters Despite Global Impact

ABS News Service

 

4886

Indian Economy to be Third Largest by 2043

UPA Outlines Ten Steps for A Vibrant Economy

ABS News Service

 

4887

Fiscal Deficit to be Contained at 4.6% of GDP in 2013-14

ABS News Service

 

4888

Agricultural GDP to Grow at 4.6% during the Current Financial Year

Food Grain Production Expected to Touch 263mn tonnes

ABS News Service

 

4889

Government Steps Up Project Clearances

296 Projects of Rs 660,000 Crore Cleared by January End this Year

ABS News Service

 

4890

Food, Fertilizer and Fuel Subsidies

ABS News Service

 

4891

Center to Provide Rebating of State Taxes Levied on Exports Till States Come on Board

FIEO Press Release dated 17th February 2014

 

4892

CVD on Capital Goods Slashed to 10%

·      Excise Duty on Motor Vehicles Cut by 4% to 8%

·     New Deal for Mobile Industry Manufacture in DTA

ABS News Service dated 21.02.2014

 

4893

FTP 2009-2014 to Continue beyond 31 March, 2014 Till Further Orders

69-Ntfn(RE)/19.02.2014

 

4894

Hand Book of Procedure Vo.1 and Vol.2 (IO Norms) to Continue beyond 31 March, 2014 Till Further Orders

51-PN(RE)/19.02.2014

 

4895

Rupee Steady against Dollar for Customs Valuation on Imports w.e.f. 21 Feb 2014

13-Cus(NT)/20.02.2014

 

4896

Additional 3 More Years Allowed for EO Fulfillment under Corporate Debt Restructuring Mechanism

70-Ntfn(RE)/20.02.2014

 

4897

DG Safeguards Initiates Investigation on Saturated Fatty Alcohols

Safeguard Investigation F.No. D-22011/26/2013 dated 13.02.2014

 

4898

Actual User Condition on Maize Corn Import thru STE Restored

DGFT Implements AP High Court Stay on Farmer Plea

13-Pol.Cir/24.02.2014

 

4899

Anti-dumping Investigation Initiated on Acrylic Fibre from Egypt on Complaint of Indian Acrylics and Pasupati Acrylon

Anti-dumping Initiation Notification No. 14/18/2013 DGAD dated 24th February 2014

 

4900

DGFT Issues Updated VKGUY, FPS and Market Linked Focus Products with New ITC HS Codes to “Align and Harmonize” Incentive with Code – Product Description to Prevail if Old ITC HS Code in Shipping Bill

52-PN(RE)/25.02.2014

 

4901

CBEC Steps in to Monitor Export Obligation with Monthly Reporting by Chief Commissioners to DG Inspection

CBEC Instruction dated 25th February 2014

 

4902

Dept of Revenue Restores Incremental Export Incentive on Cotton Yarn Exports

Nfn 07/24.02.2014
05-CE/24.02.2014
05-ST/24.02.2014

 

4903

Cenvat Credit Definitions Clarified

05-CE(NT)/24.02.2014

 

4904

Six Chemicals and Allied Products SION Suspended

50-PN(RE)/14.02.2014

 

4905

RBI Issues Modified Format of ECB-2 Return – w.e.f. April 2014

105-RBI/17.02.2014

 

4906

NRO Accounts Transaction Reporting Liberalised

106-RBI/18.02.2014

 

4907

RBI Defines FDI into SSI and MSE

107-RBI/20.02.2014

 

4908

Export Credit of US$10mn to Nicaragua

108-RBI/24.02.2014

 

4909

G-20 Sydney Meet Backs Co-ordination in Monetary Policy

RBI Governor Rajan Asks for Care to Emerging Markets in Tapering Easement

ABS News Service/27.02.2014

 

4910

US Probe into China, Taiwan Solar Trade Practices Advances, Prelim Decision on CV Duties by End March, Anti-dumping Decision by Early June

ABS News Service/27.02.2014

 

4911

12 Nation to Prepare for TPP Deal in Obama Visit to Asia

ABS News Service/27.02.2014

 

4912

British Royals Hold Summit to Curb Wild Life Trade

ABS News Service/27.02.2014

 

4913

Froman – De Gucht Talk on US-EU Trade Pact by Year End, Though Hurdles Remain

ABS News Service/27.02.2014

 

4914

Rolls Royce Designs Drone Crew Less Cargo Ships

ABS News Service/27.02.2014

 

4915

WTO Says Global Trade Outlook “Cautiously Positive” for 2014

ABS News Service/27.02.2014

 

4916

Implementation of Customs Baggage Declaration Form for Passengers who come to India w.e.f. 1 March 2014

05-CBEC/27.02.2014

 

4917

Safeguard Duty Imposed on Sodium Nitrite from China

·    30% for the Period 26 Feb 2014 – 25 Feb 2015

·    28% for the Period 26 Feb 2015 – 25 May 2015

01-SG/26.02.2014

 

4918

MLFPS Benefit in Table 3 will be Additional to Benefits in Table 1 and 2

71-Ntfn(RE)/27.02.2014

 

4919

Leather Cotton and Woven Fabrics Get 2% More MLFPS Benefits for Six Months

·    10 More Organic Compounds Included in the List MLFPS

·    FPS Benefit Raised to 5% for Line Telephones, Switching and Routing Apparatus, Transmission Apparatus and their Parts and Optical Fibres

53-PN(RE)/27.02.2014

 

4920

Saudis Attack India on Anti-dumping

PIB (MoC&I) Press Release dated 27th February 2014

 

4921

Refund Rules for Partial Reverse Service Tax on Car Hire, Manpower Supply and Works Contract

12-CE(NT)/03.03.2014

 

4922

2% FPS Bonus Benefits for Twine Cordage, Ropes and Cables of Polyethylene or Polypropylene

54-PN(RE)/28.02.2014

 

4923

Tariff Values Rises: Gold US$12/10 gms; Silver US$36/kg; Crude Palm Oil US$48/MTs; Palmolein US$69/MTs; Brass Scrap US$11/MTs

14-Cus(NT)/28.02.2014

 

4924

PM in Burma for Indian Ocean Rim Meet

ABS News Service/ 05.03.2014

 

4925

PM’s Statement at 3rd BIMSTEC Summit, Nay Pyi Taw, Myanmar

ABS News Service/ 05.03.2014

 

4926

Importer Recognized as First Stage Dealer for Issue of Cenvat Credit Documents, Excise Registration Required

08-CE(NT)/28.02.2014
06-CE(NT)/26.02.2014
07-CE(NT)/26.02.2014
09-CE(NT)/28.02.2014

 

4927

Importer Recognized in Application for Excise Registration Form A1

10-CE(NT)/28.02.2014

 

4928

Importer Recognized Quarterly Return Form under Rule 9(8) of CENVAT Credit Rules 2002

11-CE(NT)/28.02.2014

 

4929

New Shipping Bill Exchange Control Thru EDI from 1 March to Run in Parallel with Old System

109-RBI/28.02.2014

 

4930

Dept of Revenue Tightens Norms for Gold Import by ‘Eligible Passengers’

06-CBEC/06.03.2014

 

4931

MEP on Onion Export Lifted

72-Ntfn(RE)/04.03.2014

 

4932

Rupee Gains to Rs. 62.00 for Customs Valuation on Imports w.e.f. 7 March 2014

15-Cus(NT)/06.03.2014

 

4933

CBEC Instructions on Standards and Procedure for Packing of Ammonium Nitrate

CBEC Instruction dated 5th March 2014

 

4934

DG Safeguards Initiates Investigation on Bare Elastomeric Filament Yarn

F.No. D-22011/ 23/2013 dated 28 February 2014

 

4935

Safeguard Investigation Initiated on Sodium Citrate

F.No. D-22011/ 20/2013 dated 4 March 2014

 

4936

DGFT Invites Feedback on Revised VKGUY, FPS Products with New ITC HS Codes to ‘Align and Harmonize’ Incentive with Code

09-TN/07.03.2014

 

4937

Money Transfer Only to KYC Compliant Bank Account, Orders RBI

110-RBI/04.03.2014

 

4938

Energy, Food, Precisous Metals Prices Up; Fertilizers, Metals Down in February

World Bank

 

4939

Imports Crash 17.1% Over Last Year as Official Inflow of Gold Dries Up, Exports Fall 3.7%

ABS News Service/13.03.2014

 

4940

Aussies in Tango with Japan-Korea-China

ABS News Service/13.03.2014

 

4941

EU Offers Customs Union to Ukraine New Regime

ABS News Service/13.03.2014

 

4942

India’s Iron Ore Exports Fall 28% to 12.57 MT in Apr-Feb

ABS News Service/13.03.2014

 

4943

Ukraine Crisis Endangers Exxon’s Black Sea Gas Drilling

ABS News Service/13.03.2014

 

4944

EU Trade Ministers Pledge T-TIP Support

ABS News Service/13.03.2014

 

4945

27th Edition of India Carpet Expo – 12th to 15th March 2014 at NSIC Exhibition Complex, New Delhi

ABS News Service/13.03.2014

 

4946

Onion Export Thru NAFED Decanalised, Free Export without MEP

73-Ntfn(RE)/12.03.2014

 

4947

ILAC Certification for Steel for BIS Exemption to Mega Projects Must

74-Ntfn(RE)/13.03.2014

 

4948

Another Five Years for Anti-dumping Duty on Meta Phenylene Diamine (MPDA) from China – Final Findings

11-ADD/11.03.2014

 

4949

Anti-dumping Duty on Acetone from EU, USA, Singapore and South Africa to Continue for Five More Years

10-ADD/11.03.2014

 

4950

Revised WTO Govt Procurement Agreement between 43 WTO Members to Come into Force on 6 April 2014, India not a Signatory Yet

ABS News Service/13.03.2014

 

4951

Online Filing for Export Obligation Discharge Mandatory from 1 June 2014

Manual Filing Continues for Non EDI Physical Exports and Deemed Exports

55-PN(RE)/14.03.2014

 

4952

No Higher DBK at Shipping Stage without No Cenvat Certificate, says Rev Dir

CBEC Instruction dated 13th March 2014

 

4953

Transaction Limit Raised to Rs. 5 Lakhs in Rupee Trade

111-RBI/13.03.2014

 

4954

Tariff Value Rises: Poppy Seeds $248/MTs; Gold $12/10 gms; Crude Palm Oil $52/MTs; RBD Palm Oil and Palmolein $66/MTs; Brass Scrap $28/MTs

Silver Down by US$5/kg

23-Cus(NT)/14.03.2014

 

4955

Gold Smuggling Releases Rs. 56,000 Crs of Black Money in the Economy Every Year

ABS News Service/ 20.03.2014

 

4956

Revised WTO Govt Procurement Deal between 43 WTO Members to Take Effect in April, India not a Signatory Yet

ABS News Service/ 20.03.2014

 

4957

Russia Slips into Recession, Ruble Falls 9.4% as Ukraine Crisis Hits $2tn Economy

ABS News Service/ 20.03.2014

 

4958

Russia Suspended from G8, Putin Accuses West of ‘Cheating’

ABS News Service/ 20.03.2014

 

4959

EU Woos Ukraine with Tariff Cuts

ABS News Service/ 20.03.2014

 

4961

Aussie Gurry Gets Second Term as WIPO Chief

ABS News Service/ 20.03.2014

 

4962

DGAD Initiates Investigation on HR Stainless Steel Flat Products 304 Series from China, Korea and Malaysia on Complaint of Jindal Stainless Ltd.

Anti-dumping Initiation Notification No.14/30/2013-DGAD dated 11th March 2014

 

4963

Rupee Gains to 61.75 for Customs Valuation on Imports w.e.f. 21 March 2014

24-Cus(NT)/20.03.2014

 

4964

Anti-dumping Duty on Red Phosphorus from China at $1.20 per kg

13-ADD/19.03.2014

 

4965

Anti-dumping Duty of 13 to 15 cents per kg on Sodium Nitrate from EU, China, Korea and Ukraine

14-ADD/19.03.2014

 

4966

CC Excise Gets Power to Slap Restriction in Excise Procedures in Suspected Misuse Cases

14-CE(NT)/21.03.2014

 

4967

Power to Impose Restrictions under Rule 12AAA of Cenvat Credit Rules, 2004

15-CE(NT)/21.03.2014

 

4968

Chief Commissioner given Power to Impose Penalties on Contravention of Excise Rules, Specific Restrictions for Six Months on First Offence, One Year for Subsequent Offences

16-CE(NT)/21.03.2014

 

4969

Previous Rules 12CCC under CE Rules 2002 and 12AAA of Cenvat Credit Rules Rescinded

13-CE(NT)/21.03.2014

 

4970

Indian Subsidy on Sugar Exports Questioned in WTO

ABS News Service/ 27.03.2014

 

4971

Rupee Hits Seven-Month High

ABS News Service/ 27.03.2014

 

4972

China Key to Restart ITA, APEC may Break Logjam

ABS News Service/ 27.03.2014

 

4973

China’s Gold Imports from Hong Kong Increase on Import Quotas

ABS News Service/ 27.03.2014

 

4974

Korea Exchange Seeks Cut of $3 Billion Illegal Gold Trade

ABS News Service/ 27.03.2014

 

4975

Madhusudan Prasad Holds Additional Charge of DGFT

ABS News Service/ 27.03.2014

 

4976

Rajiv Takru Appointed as the New Revenue Secretary

ABS News Service/ 27.03.2014

 

4977

Reserve Bank Opens Merchanting Trade, Import Payment can Precede Export, No Value Addition Condition, Import Credit Available

·   Close Transaction in Nine Months, $200,000 per Transaction

·   Financial Intermediaries not Allowed

·   Interface with SEZ not Worked out, Customs and Service Tax not Specified

·   FIEO Expects $5bn Merchanting Trade

115-RBI/28.03.2014

 

4978

Exporters Allowed to Hedge upto 75% of Past Earning in Forward Cover

114-RBI/27.03.2014

 

4979

Rupee Rises Above 60, Strongest in 8 Months

ABS News Service/ 29.03.2014

 

4980

Pulses Export Quota of 290.77 MT to Maldives for Three Years Notified

77-Ntfn(RE)/27.03.2014

 

4981

Stone Aggregate Exports Quota to Maldives for Three Years through CAPEXIL Allowed

76-Ntfn(RE)/27.03.2014

 

4982

River Sand Exports Quota of 7.5 MTs to Maldives for Three Years thru CAPEXIL Notified

75-Ntfn(RE)/27.03.2014

 

4983

RBIs New Portfolio Investment Scheme Merges FII and QFI into RFPI

112-RBI/25.03.2014

 

4984

Working Capital for Civil Aviation Sector will Continue Till 31 March 2015 under ECB

113-RBI/26.03.2014

 

4985

Pulses Export Prohibition Extended beyond 31 March 2014

78-Ntfn(RE)/31.03.2014

 

4986

Tariff Value Falls: Gold (US$24/10 gm); Silver (US$50/kg); Brass Scrap ($73/MTs); Palmolein ($18/MTs); RBD Palm Oil ($21/MT); Crude Soyabean Oil ($17/MT)

Poppy Seeds Up by $248/MT

25-Cus(NT)/31.03.2014

 

4987

Exporters Meet for Ghazals and Eats at FICCI on Saturday Evening

Delhi Exporters Association President Remembers Founder President Late S.P. Agarwal

ABS News Service/ 01.04.2014

 

4988

Anti-dumping Investigation Initiated on Hexamine from China and UAE on Complaint of Kanoria Chemicals and Simalin Chemicals

Anti-dumping Initiation Notification No.14/16/2013-DGAD dated 25th March 2014

 

4989

Dept of Revenue Slashes Concessions to LDCs

The Entries Reduced to 114 from 469 in Appendix I and 97 from 353 in Appendix II

Ntfn 08/01.04.2014

 

4990

Indo-Japan CEPA Concessional Duty on 806 Items Slashed by 0.5%-9%

Ntfn 09/01.04.2014

 

4991

China Loses Rare Earth Export Restrictions Case at WTO

ABS News Service/ 04.04.2014

 

4992

India, China Fault Cairns Group Agri Subsidy Calculations

ABS News Service/ 04.04.2014

 

4993

US Anti-dumping Cases under WTO Scanner as China Complains

ABS News Service/ 04.04.2014

 

4994

Australia-Japan Trade Talks Push for April Finish

ABS News Service/ 04.04.2014

 

4995

RBI Sticks to Easy Money Policy as US Tapers Easement

Falling Inflation Helps

ABS News Service/ 04.04.2014

 

4996

Azevêdo Calls for US Leadership in Doha Deal

ABS News Service/ 04.04.2014

 

4997

Japan-Ukraine Spar over Auto Safeguards

ABS News Service/ 04.04.2014

 

4998

EU may Question National GMO Bans

ABS News Service/ 04.04.2014

 

4999

Rupee Rises to 60.45 for Customs Valuation on Imports w.e.f. 4 April

26-Cus(NT)/03.04.2014

 

5000

Pharma and Drug Consignment Exports Permitted thru Self-Certification Process on Compliance of Barcoding Requirement on Secondary and Tertiary Level Packaging w.e.f. 1 April 2014

56-PN(RE)/01.04.2014

 

5001

Procedure for Advance Remittances without BG or Standby LC for Rough Diamonds Imports

116-RBI/01.04.2014

 

5002

Daiichi Surrenders Ranbaxy to Sun Pharma after Losing 38% Value, US Cracks Down on India Factories is Control Generics and ANDA

ABS News Service/ 09.04.2014

 

5003

WTO Upholds NME Discrimination against China in US Law

ABS News Service/ 09.04.2014

 

5004

Xi Visits Brussels, may Join WTO TiSA Negotiations

ABS News Service/ 09.04.2014

 

5005

Brakes on Aussie-Japanese Trade Deal Over Auto and Agro Tariffs

ABS News Service/ 09.04.2014

 

5006

Robusta Exports Drop 10% as Heavy Rains Shrink Harvest

ABS News Service/ 09.04.2014

 

5007

More Powers to RBI Junior Officers to Compound FEMA Offences

117-RBI/04.04.2014

 

5008

Beverages, Food, Precious Metals and Raw Materials Prices Up

Energy, Fertilizers, Food Down

World Bank

 

5009

US Calls for Fresh DDA Text

ABS News Service/ 09.04.2014

 

5010

Wheat Rises after Drought in US and Ukraine Crisis

ABS News Service/ 09.04.2014

 

5011

Obama Outlines Plans to Slash Methane Emissions

ABS News Service/ 09.04.2014

 

5012

EU Launches Public Consultation on T-TIP Investment Provisions

ABS News Service/ 09.04.2014

 

5013

Father-Son of Ferrous Castings Major in CBI Custody Along with Excise Commissioner

·      Excise Commissioner in Rs. 1.10 crs Hawala Deal?

·     IAS Officers and Customs Officers Links in Hawala Racket Alleged

ABS News Service/ 12.04.2014

 

5014

Pesticide Import Must Go through Technical Grade Testing for Customs Clearance

·     Customs Follow Guj High Court Order

07-CBEC/07.04.2014

 

5015

CBEC Orders Manual Filing of Customs Documents only with Permission from Commissioner

CBEC Instruction/07.04.2014

 

5016

Export Quota of Pulses to Maldives thru PEC Only

57-PN(RE)/09.04.2014

 

5017

Forex Forward upto US$250,000 on Self Declaration Allowed

119-RBI/07.04.2014

 

5018

Tapering Allowed for Transition Period Modalities for Short Term T-Bill

118-RBI/07.04.2014

 

5019

Aurangabad Airport Notified for Loading and Unloading of Goods

30-Cus(NT)/07.04.2014

 

5020

Committee on RTAs Reviews Six Free Trade Agreements, EU Enlargement to 28 Member States

ABS News Service/ 12.04.2014

 

5021

Revised WTO Agreement on Government Procurement Enters into Force on 6 April on Plurilateral Basis

ABS News Service/ 12.04.2014

 

5022

Iron-Ore Bear Market Deepens as Aussie Mines Expand

ABS News Service/ 12.04.2014

 

5023

Ukraine’s Rust Belt Faces Ruin as Putin Threatens Imports

ABS News Service/ 12.04.2014

 

5024

March Imports Pick up 21% Over Feb, Rupee Rises

Signs of Demand Recovery?

ABS News Service/ 17.04.2014

 

5025

Ceiling on Libor Import Credits for Infrastructure to Continue Till 30 June 2014

122-RBI/10.04.2014

 

5026

Libor Plus 350bps Ceiling for ECB will Continue Till 30 June 2014

121-RBI/10.04.2014

 

5027

Foreign Inward Remittances Received under RDA to be Transferred to the KYC Compliant Beneficiary Accounts thru Electronic Mode

120-RBI/10.04.2014

 

5028

EU Lodges WTO Challenge against Russia Pork Import Ban

ABS News Service/ 17.04.2014

 

5029

Japan Reports Increase in Trade-Distorting Farm Subsidies

ABS News Service/ 17.04.2014

 

5030

Gold Extends Decline on Prospects for Further Tapering by Fed

ABS News Service/ 17.04.2014

 

5031

15 April Marks the 20th Anniversary of the WTO’s Founding Agreements

ABS News Service/ 17.04.2014

 

5032

Cocoa Imports by Indonesia Jumping on Chocolate Demand

ABS News Service/ 17.04.2014

 

5033

Date for Barcoding on Pharma Export Extended to 15 May 2014 from 1 April 2014

58-PN(RE)/15.04.2014

 

5034

Prelim Anti-dumping Duty on Alloy Wheel from China, Korea and Thailand

Notification Comes Two Years after Initiation of Investigation

15-ADD/11.04.2014

 

5035

Commerce Secretary Calls for New Law on Standards

ABS News Service/ 18.04.2014

 

5036

WTO Expects Trade Upturn in 2014, 2015

ABS News Service/ 18.04.2014

 

5037

India Keeps 6th Position Among World Service Exporters

ABS News Service/ 18.04.2014

 

5038

WTO to Circulate ROO for LDC Preferential Access

ABS News Service/ 18.04.2014

 

5039

Jap-Aussie Ink Trade Pact

ABS News Service/ 18.04.2014

 

5040

Aluminium Ingots under DG Safeguards Lens on HINDALCO Complaint

Complains Rise in Imports from Gulf, SAfrica

Safeguard Initiation Notification No. D-22011/01/2014 dated 7th April 2014

 

5041

Dept of Revenue Invites Suggestions from Industry and Trade for General Budget 2014-15

F.No.334/8/2014-TRU dated 17th April 2014

 

5042

Rupee on Falling Trend Again, Falls to 60.80 from 60.45 for Customs Valuation on Imports w.e.f. 18 April 2014

32-Cus(NT)/17.04.2014

 

5043

RBI Says No Non-compete Clause in Pharma Sector for 100% FDI

124-RBI/21.04.2014

 

5044

FDI in Limited Liability Partnership (LLP) Allowed

123-RBI/16.04.2014

 

5045

ITC Market Analysis on Standards

ABS News Service/ 23.04.2014

 

5046

Multiple Entry Visa for Indian Businessmen by Afghanistan

ABS News Service/ 23.04.2014

 

5047

EU Confirms Anti-Subsidy Duty of 17.1 to 42.1% on Chinese Solar Glass Imports

ABS News Service/ 23.04.2014

 

5048

IEC Holders Must give Complete Mob Numbers and Email ids by 30 June 2014, says Mumbai DGFT

01-TN/10.04.2014

 

5049

All Transactions above Rs. 5 lakhs Across Border in FIU net

125 and 126-RBI-25.04.2014

 

5050

FDA Banned Ranbaxy Drug Plant after Finding “Data Flaws”, “Rat Traps”

ABS News Service/28.04.2014

 

5051

China’s Largest Bitcoin Exchange Halts Merchants Bank Deposits

ABS News Service/28.04.2014

 

5052

New DGFT Pravir Kumar Takes Position

ABS News Service/02.05.2014

 

5053

Rupee Shipment to Iran against Dollar Imports Allowed with 15% Value Add

79-Ntfn(RE)/30.04.2014

 

5054

Rupee Falls to 60.85 from 60.80 for Customs Valuation on Imports w.e.f. 2 May 2014

38-Cus(NT)/01.05.2014

 

5055

Consumer Pack Edible Oil MEP Cut by $300 to $1100/MT from $1400/MT

80-Ntfn(RE)/30.04.2014

 

5056

Tariff Value Falls of Gold $9/10 gms; Silver $14/kg; Poppy Seeds $218/MTs; Brass Scrap $22/MTs

·       Palmolein $18/MTs; RBD Palm Oil $21/MTs and Crude Palm Oil $15/MTs

·      Crude Soyabean Oil Tariff Value Up by $19/MTs

36-Cus(NT)/30.04.2014

 

5057

EU Retaliates on Scotch Whisky with Alphonso Ban

ABS News Service/02.05.2014

 

5058

China is No.1 in World on PPP Basis

India Takes Third Position Overtaking Japan

ABS News Service/02.05.2014

 

5059

Rouhani Cuts Subsidies and Doles to Stabilise Iran Economy

ABS News Service/02.05.2014

 

5060

Biodiesel War between EU and Argentina Reaches WTO Panel

ABS News Service/06.05.2014

 

5061

Tobacco Producers Take Aussies to WTO Panel over Plain Packaging of Cigarettes

ABS News Service/06.05.2014

 

5062

IMF Lauds Japan Easy Money Policy, Calls for End of Protectionism

ABS News Service/06.05.2014

 

5063

China Lodges WTO Appeal after Defeat in Rare Earths Export Duty Case

ABS News Service/06.05.2014

 

5064

Coca-Cola, Pepsi to Remove BVO in Drink

ABS News Service/06.05.2014

 

5065

JS Drawback Calls for Data from Excise Commissioners

Independent Checks on Drawback Rates Instituted

F.No.609/54/2014-DBK(B) dated 07.05.2014

 

5066

Beverages, Food, Precious Metals, Raw Materials and Fertilizers Prices Down

Crude and Metals Up

World Bank

 

5067

Equity Transfer Reporting

127-RBI/02.05.2014

 

5068

DG Inspection Issues Notice for CHA Examination

DGICCE Notice

 

5069

Stainless Steel Flats Anti-dumping from EU, USA, China, Japan and Others Extended upto 21 April 2015 – Pending Review

20-ADD/12.05.2014

 

5070

Glass Fibre of 0.3 to 2.5 microns from China Excluded from Anti-dumping Net in Mid Term Review

19-ADD/09.05.2014

 

5071

Anti-dumping Duty on Polyester Yarn (FD Grade) from China and Thailand to Continue for Another Year

18-ADD/09.05.2014

 

5072

Anti-dumping Duty on Flax Fabric from China and Hong Kong Extended upto 25 March 2015 – Pending Review

17-ADD/09.05.2014

 

5073

Vitamin-E Anti-dumping Extended by One Year Pending Review

16-ADD/09.05.2014

 

5074

Banks Delegated Powers to Reschedule ECB

128-RBI/09.05.2014

 

5075

Indian Companies are not Permitted to Raise ECB from Overseas Branches of Indian Banks for Repayment of Rupee Loans

129-RBI/09.05.2014

 

5076

Rupee Rises to below 60 Against Dollar

·   State-run Banks Exit Market, RBI Stops Dollar Buying

·  FII Demand Rupee in Singapore for Stock Market

ABS News Service/16.05.2014

 

5077

Emerging Markets Snap Up Cheap Dollars to Build Reserves

ABS News Service/16.05.2014

 

5078

Plurilateral 23 Member Group Talk TISA in Geneva

China Applies for Membership

ABS News Service/16.05.2014

 

5079

China Slaps Duties on EU Polysilicon

ABS News Service/16.05.2014

 

5080

India Calls on Switzerland to Share Tax Info at OECD Meet

ABS News Service/16.05.2014

 

5081

India Should Cuts Stake to Below 50% in Banks, Says RBI Panel

ABS News Service/16.05.2014

 

5082

Rupee Gains to 60.10 from 60.85 for Customs Valuation on Import w.e.f. 16 May 2014

41-Cus(NT)/15.05.2014

 

5083

MPEDA to Issue Origin Certification for All RTA, in addition to EIC

Textiles Committee for Empowered under Indo-Japan

59-PN(RE)/15.05.2014

 

5084

Tariff Value of Palmolein and Crude Palm Oil Falls $15/MT; Crude Soyabean Oil $34/MT

Brass Scrap Tariff Value Up by $20/MT; Silver $18/kg and Gold $2/10 gms

42-Cus(NT)/15.05.2014

 

5085

Rice Par-boiling Machine and Dryer are not Composite Machine Classified in Central Excise Heading 8419

982-CBEC/15.05.2014

 

5086

Trade Promotion Council of India, New Delhi Authorized to Issue Certificate of Origin (Non-Preferential)

60-PN(RE)/15.05.2014

 

5087

Kiranpani in Maharashtra Notified for Loading and Unloading of Coal, Sulphur, Sugar, Bauxite, Iron Ore and Mill Scale

39-Cus(NT)/07.05.2014

 

5088

WTO Members Ask Updation of Customs Valuation Software

ABS News Service/19.05.2014

 

5089

Anti-dumping Duty on Nylon Tyre Cord Fabric from China Extended upto 28 April 2015 in Review

21-ADD/16.05.2014

 

5090

Anti-dumping Duty on Persulphates from Taiwan, Turkey and USA for Five Years Notified

22-ADD/16.05.2014

 

5091

Provisional Anti-dumping Duty Imposed on Phenol from USA and Taiwan

23-ADD/16.05.2014

 

5092

Banks given Powers to Approve ECB from Foreign Equity Holders

130-RBI/16.05.2014

 

5093

Limited Liability Partnership (LLP) as Indian Party Notified

131-RBI/19.05.2014

 

5094

Exporters Allowed Long Term Export Advance of USD 100mn for Supply Contracts

132-RBI/21.05.2014

 

5095

Adani in Trouble with DRI again Over Sending out Forex thru Imports

Income Tax Enters Picture on Understating Profit

ABS News Service/22.05.2014

 

5096

Mexican Subsidised Sugar Dumped in US

ABS News Service/22.05.2014

 

5097

Bio Tech Takes Over US Agri

ABS News Service/22.05.2014

 

5098

Sakthivel Writes to Raghuram on Rupee Gain

ABS News Service/22.05.2014

 

5099

Russia-China Signs $400bn Gas Deal after Decade of Talks

ABS News Service/22.05.2014

 

5100

Trading Houses can Import Gold under 20:80 Scheme

·   Customs Verification Must

·  Past Import Necessary for Eligibility

133-RBI/21.05.2014

 

5101

Another Five Years of Anti-dumping Duty on Methylene Chloride from EU, USA and Korea – Final Findings

No Changes in Duty

24-ADD/21.05.2014

 

5102

DG Safeguard Initiates Investigation on Flexible Slabstock Polyol Import on Manali Petrochemicals Chennai Complaint

Safeguard Initiation Notice F.No. D-22011/04/2014 dated 22nd May 2014

 

5103

Board Asks Field Formations “Due Care” in Debiting Reward Scrips in Terms of Conditions Against Respective Scrips

CBEC Instruction/27.05.2014

 

5104

Rupee Value Under Indo-USSR Deferred Payment Protocols Revised to Rs. 80.603600 w.e.f. 21 May 2014

134-RBI/26.05.2014

 

5105

President Medal Award for Service at Risk of Life Amount Hiked to Rs. 3k per Month

43-Cus(NT)/23.05.2014

 

5106

DGAD Recommends Stiff 48 to 81 cents per Watt Anti-dumping Duty on Solar Cells from China, Taipei, Malaysia and US

    Artificial Valuation of Domestic Price in Countries of Exports Yields Big Dumping Margin

    Solar Projects Including National Solar Mission Suffer High Anti-dumping Protection to EOU and SEZ Units

   Duty to come into effect only after Customs Notification

ABS News Service/29.05.2014

 

5107

Russian Anti-dumping Duty on German and Italian LCVs at WTO on EU Complaint

ABS News Service/29.05.2014

 

5108

Key Ministers in the New BJP Government

ABS News Service/29.05.2014

 

5109

Nripendra Misra is the New Principal Secy to PM Modi

ABS News Service/29.05.2014

 

5110

WTO Panel in US-India Dispute on Local Value Add Law on Solar Modules and Cells

ABS News Service/29.05.2014

 

5111

Open FDI in E-commerce Retail Completely, says DIPP

ABS News Service/29.05.2014

 

5112

New Commerce and Industry Minister Nirmala Sitharaman says No to FDI in Multi-brand Retail

ABS News Service/29.05.2014

 

5113

Global Employment Trends 2014

ABS News Service/29.05.2014

 

5114

Top Officials in Special Team under Judges Shah and Pasayat to Bring Back Black Money into India

ABS News Service/29.05.2014

 

5115

Carnet System for Exhibitions Import from Taiwan

Ntfn 10/12.05.2014

 

5116

RBI Tightens Export Credit Refinance, FIEO Protests

RBI Press Release/03.06.2014

 

5117

DG Safeguards Initiates Investigation on Sodium Dichromate Import on Vishnu Chemicals Hyderabad Complaint

Safeguard Initiation Notification F.No. D-22011/05/2014 dated 26th May 2014

 

5118

Tariff Value of Gold and Silver Falls by $16/10 gms and $33/kg Respectively

·   Crude Soyabean Oil Tariff Value Up by $16/MT; Palm Oil and Palmolein $7/MT

·   Crude Palm Oil Tariff Value Down by $8/MT

44-Cus(NT)/30.05.2014

 

5119

Importers Allowed to Book Forward Contracts upto 50% on Past Performance Route

135-RBI/27.05.2014

 

5120

Banks Given Powers to Convert Inoperative Forex Accounts to Rupees

136-RBI/28.05.2014

 

5121

Shrimp Exports to ASEAN in 13-14 Up 84% on Rising Prices in 13-14

PIB (MoC&I) Press Release dated 30th May 2014

 

5122

Commerce & Industry Ministry’s Twitter Handle

ABS News Service/05.06.2014

 

5123

India Moves Up to No. 2 in World Textiles Export, Maintains 6th Position in Garment

ABS News Service/05.06.2014

 

5124

Rupee Gains to 59.85 from 60.10 for Customs Valuation on Imports w.e.f. 6 June 2014

45-Cus(NT)/05.06.2014

 

5125

Tobacco Board to Issue Origin Certificate for Tobacco Products under GSTP

61-PN(RE)/03.06.2014

 

5126

DGFT Establishes Online Complaint Resolution System for EDI Problems

25-TN/04.06.2014

 

5127

African Countries Deflate Bali Pact in Trade Facilitation, Drafting Postponed

ABS News Service/12.06.2014

 

5128

US Confirms New Import Duties on Chinese Solar Products

ABS News Service/12.06.2014

 

5129

Exports Revive in May, Up 12.4%

Imports Fall 11.4%, Demand Sluggish

PIB (MoC&I) Press Release dated 11th June 2014

 

5130

Maha Govt Bans Pharma Exports by Post, Dealers Allege US Pressure, Plans Meet with Nirmala

ABS News Service/12.06.2014

 

5131

China Ban on U.S. Feed Product Seen Easing Corn Inventory

ABS News Service/12.06.2014

 

5132

Russia, Belarus and Kazakhstan Announce Eurasian Economic Union

ABS News Service/12.06.2014

 

5133

CII Demands Low Duty on Iron Ore in Budget

ABS News Service/12.06.2014

 

5134

Cotton Planting Rises in India as Prices Climb

ABS News Service/12.06.2014

 

5135

China Loses to US in Auto Duty Case at WTO

ABS News Service/12.06.2014

 

5136

Soya Premium Over Palm Falls to $91

ABS News Service/12.06.2014

 

5137

Wheat Rebounds as Slump to Near Bear Market

ABS News Service/12.06.2014

 

5138

El Nino to Hit Palm Oil

ABS News Service/12.06.2014

 

5139

World Biodiesel Output Reaching Record

ABS News Service/12.06.2014

 

5140

Thailand Emerging Threat to Car Exports from India

ABS News Service/12.06.2014

 

5141

China’s Export Gains to Cushion Growth as Imports Slump

ABS News Service/12.06.2014

 

5142

Indonesia Requests WTO Panel to Settle Pakistan Paper Products Case

ABS News Service/12.06.2014

 

5143

Forex Remittance Ceiling Raised to $125000 from $75000 per Year

138-RBI/03.06.2014

 

5144

FDI in Insurance Sectors Permitted

139-RBI/05.06.2014

 

5145

Export Credit of $46mn to Mauritius for Defence Equipments

137-RBI/03.06.2014

 

5146

Crude, Metals, Beverages, Food, Precious Metals, Raw Materials Down in May

World Bank/June 2014

 

5147

Pledge of Shares for Business Purposes in Favour of NBFCs

141-RBI/06.06.2014

 

5148

Foreign Banks Allowed to Invest in Corporate Debt

140-RBI/06.06.2014

 

5149

24 Airports Identified for Development as Domestic Air Cargo Terminals

PIB (MCA) Press Release dated 11th June 2014

 

5150

Five More Years of Anti-dumping Duty on PS Plates for Printing from China in Review

25-ADD/09.06.2014

 

5151

Export of Milk Powder, Wheat, Edible Oil, Pulses and Basmati Rice to Bhutan Permitted without any Qty Restrictions

81-Ntfn(RE)/13.06.2014

 

5152

Enhanced Security Amount of Rs. 5 Lakhs Must for Renewal of Customs Brokers Licenses under CBLR 2013

08-CBEC/13.06.2014

 

5153

RBI Approval for Transferring Assets of LO/BO/PO to Authorised Banks

142-RBI/12.06.2014

 

5154

DGAD Office Shifts Jeevan Tara Building on Parliament Street from Udyog Bhawan

Authority Renamed DGTR (Director General of Trade Remedies) to Reflect Role in Anti Subsidy and Non Tariff Matters

DGAD Notification dated 16th June 2014

 

5155

India Takes up First Anti-Subsidy Case

Anti-Subsidy Investigation Initiated on Castings for Wind Operated Electricity Generators from China on L&T Complaint

Anti-dumping Initiation Notification F. No.17/6/2013-DGAD dated 29th May 2014

 

5156

Anti-dumping Duty on PVC Suspension Grade from Taiwan, China, Japan and Others Continues for Another Five Years

Korea RP Out of PVC Suspension Grade Anti-dumping Net after Review

27-ADD/13.06.2014

 

5157

Anti-dumping Duty Imposed on PVC Suspension Grade Resin from EU and Mexico

26-ADD/13.06.2014

 

5158

MEP on Onions Back at US$300 per MT

82-Ntfn(RE)/17.06.2014

 

5159

Cross Border Inward Remittance under Money Transfer Service Scheme

144-RBI/16.06.2014

 

5160

Know Your Customer (KYC) Norms under Prevention of Money Laundering Act

143-RBI/16.06.2014

 

5161

Indonesia Lodges WTO Challenge on EU Biodiesel Import Duties

ABS News Service/18.06.2014

 

5162

US, Japan Meet to Iron Out Automobile Trade Differences

ABS News Service/18.06.2014

 

5163

Oil-Gold Tie Breaks 1st Time in 5 Years as Economy Grows

ABS News Service/18.06.2014

 

5164

Iraq Crude Exports Surge in South While Violence Hits North

ABS News Service/18.06.2014

 

5165

India to Sell 25% of Rice Stocks in Bid to Curb Inflation

ABS News Service/18.06.2014

 

5166

Railway Board Withdraws Demurrage Hike on FIEO’s Representation

ABS News Service/18.06.2014

 

5167

After Mangoes, now ‘Paan’ from India may be Banned by EU

ABS News Service/18.06.2014

 

5168

Rupee Trims Initial Losses, Down 13 paise

ABS News Service/18.06.2014

 

5169

Rupee Falls to 60.45 from 59.85 for Customs Valuation on Imports w.e.f. 20 June 2014

47-Cus(NT)/19.06.2014

 

5170

Export of Bristles and Hair of Pig to EU Subjected to Health Certificate from CAPEXIL

83-Ntfn(RE)/20.06.2014

 

5171

Anti-dumping Duty on Injection Presses from China Extended upto 11 May 2015

28-ADD/19.06.2014

 

5172

India Extends Ban on Milk and Milk Products from China for One More Year

84-Ntfn(RE)/23.06.2014

 

5173

New Format for Annual Return on Foreign Liabilities and Assets Reporting by Indian Companies

145-RBI/18.06.2014

 

5174

Outgoing and Incoming Travellers Allowed to Carry 25k in Rupees

146-RBI/19.06.2014

 

5175

Guidelines for Exchange Traded Currency Derivatives (ETCD) Market

147-RBI/20.06.2014

 

5176

Guidelines for Foreign Portfolio Investors in the ETCD Market – Currency Futures

148-RBI/20.06.2014

 

5177

India to Raise Import Duty on Sugar, Promote Exports

ABS News Service

 

5178

Electronic System for Customs' Clearance

Less Queues to Declare Dutiable Goods at Airport

ABS News Service

 

5179

PM Modi to Focus on Exports, Trade in Review Meeting

ABS News Service

 

5180

Jaitley Extends Temporary Cut in Auto Excise Duty to 31 Dec

Goods in Chapter 84 and 85 to Continue at 10% Excise, Ch. 90 not Covered

06-CE/25.06.2014

 

5181

Modi Visits Bhutan to Inaugurate Adani Hydro Power Plant

ABS News Service/26.06.2014

 

5182

Ram Vilas Comes to the Aid of Sugar Mills, Kills Import Price Competition

ABS News Service/26.06.2014

 

5183

PM Abe unveils “Three Arrow” Reform Plan

Monetary Easement, Tax Cuts and Labour Reforms are the Key

ABS News Service/26.06.2014

 

5184

PM Modi to Meet Secretaries in Commerce and Industry

ABS News Service/26.06.2014

 

5185

US Promotes “Stabilised” Crude Oil Exports

ABS News Service/26.06.2014

 

5186

GM Crops in EU can be Restricted at National Level

ABS News Service/26.06.2014

 

5187

EU to Limit Production of Food-based Biofuels

ABS News Service/26.06.2014

 

5188

EU Impleads in US Case

WTO over Compliance, Indonesia Arbitration Proceedings on Clove Cigarettes

ABS News Service/26.06.2014

 

5189

US Proposed Lifting of “Moratorium” on Non-Violation Complaints on TRIPS at WTO

ABS News Service/26.06.2014

 

5190

Bar Coding on Pharma Export Postponed Till Further Orders on Pressure from Industry

Mono Cartons Treated as Secondary Level Packaging of Pharma Products Exports

62-PN(RE)/26.06.2014

 

5191

MEP of $450/MT on Potatoes Notified – Neighbouring Countries Affected

85-Ntfn(RE)/26.06.2014

 

5192

DGAD Initiates Dumping Investigation on Pigment Red (DPP Red 254) from China and Switzerland on Complaint of Heubach Colour Pvt Ltd Mumbai

DGAD Initiation Notification No 14/8/2014-DGAD dated 20th June 2014

 

5193

Tariff Value Rises: Gold $17/10 gms; Silver $56/kg; Brass Scrap $36/MT and Crude Soyabean Oil $22/MT

Tariff Value Falls on Palm Oil and Palmolein by $7/MTs

48-Cus(NT)/30.06.2014

 

5194

Board Asks Field Officers Once Again to Implement High Court Orders without Demur

CBEC Instruction dated 26.06.2014

 

5195

DGFT to Review 14 Chemical and Allied Products Input – Output Norms

63-PN(RE)/27.06.2014

 

5196

Industry Ministry Notifies Negative List of Defence Goods Requiring Industrial Licence

DIPP Press Note No. 03 dated 26th June 2014

 

5197

FTWZ Unit can Provide Sector Specific Service to any other SEZ

SEZ Instruction No. 80 dated 18th May 2014

 

5198

Money Transfer Agents to Keep Records for only Five Years

150-RBI/25.06.2014

 

5199

Money Changers to Keep Records only for Five Years

149-RBI/25.06.2014

 

5200

India-China Sign Industrial Park Gujarat Pact on Nirmala Visit to China

ABS News Service/03.07.2014

 

5201

Rice, Cotton, Oilseed Sowing Delayed as Monsoon Running Late

ABS News Service/03.07.2014

 

5202

Domain Names Wars Sparks Governance, Trade Questions

ABS News Service/03.07.2014

 

5203

Australian PM Reintroduces Legislation to Repeal Carbon Tax

ABS News Service/03.07.2014

 

5204

Dubai Customs Seizes 24kg of Heroin

ABS News Service/03.07.2014

 

5205

Brunei Darussalam becomes the 150th Contracting Party to the Harmonized System Convention

ABS News Service/03.07.2014

 

5206

EU-Ukraine in FTA Deal, Russia Protests

ABS News Service/03.07.2014

 

5207

World’s ATM Moves to Frankfurt as Yellen’s Fed Slows Cash

ABS News Service/03.07.2014

 

5208

Electronic Devices Waste $80bn of Power a Year, IEA Says

ABS News Service/03.07.2014

 

5209

Rupee Gains to 60.10 from 60.45 for Customs Valuation of Imports w.e.f. 4 July 2014

49-Cus(NT)/03.07.2014

 

5210

Onions MEP Raised to US$500/MT from US$300/MT

86-Ntfn(RE)/02.07.2014

 

5211

Foie Gras Fatty Liver Import Prohibited

87-Ntfn(RE)/03.07.2014

 

5212

RBI will not Issue Instructions on Tax Deduction at Source on Remittances to Non Residents – Approach CBDT for Clarification

151-RBI/30.06.2014

 

5213

RBI Approval only for Large Size Overseas Direct Investment above USD 1mn Cases

01-RBI/03.07.2014

 

5214

India Signs Marrakesh Treaty on Published Works for Disabled

PIB (MHRD) Press Release dated 2nd July 2014

 

5215

Cabinet Committee Approves Inclusion of Onion and Potato under Essential Commodities Act, 1955

PIB (CCEA) Press Release dated 2nd July 2014

 

5216

Restriction of 10,000 tonnes per year on Organic Sugar Export Removed

88-Ntfn(RE)/04.07.2014

 

5217

Sugar Quota of 8100 MT for EU to ISGEC Released

65-PN(RE)/04.07.2014

 

5218

Alex Steward International (Aust) Pty. Ltd. De-listed as PSAI

64-PN(RE)/04.07.2014

 

5219

Trade Credit of Diamond LCs Revised to Maximum 180 Days from 90 Days

02-RBI/07.07.2014

 

5220

Anti-dumping Duty on Measuring Tapes from China Extended by One Year to 14 May 2015 – Pending Review

29-ADD/04.07.2014

 

5221

Crude, Vegetable Oils and Rice Up; Metals, Beverages, Food, Precious Metals, Down in June

World Bank

 

5222

Government Subsidy is not a Sale Consideration – Do not Apply Ratio of Fiat Case to Fertiliser Excise, says TRU

983-CBEC/10.07.2014

 

5223

DGFT Withdraws 5% VKGUY Benefit on Skimmed Milk Powder

67-PN(RE)/15.07.2014

 

5224

Second/Used/Defective CRGO Sheets, Strips and Coils Import not Permitted without BIS Mark

BIS Registration on All Grade of CRGO Steel Sheets and Strips Must

CBEC Instruction/09.07.2014

 

5225

Tariff Value Rises on Brass Scrap US$60/MTs; Palm Oil and Palmolein US$15/MTs; Silver US$2/kg

Tariff Value Falls on Gold

52-Cus(NT)/15.07.2014

 

5226

Glass Scrap/Cullet Route SION Amended to Separate Rutile Grade Titanium Dioxide

66-PN(RE)/11.07.2014

 

5227

Common Service Distribution in Ratio of Turnover

178-ST/11.07.2014

 

5228

Limping BRICS Squabbles Over Bank Shares

ABS News Service/17.07.2014

 

5229

China Asks India to Attend APEC Meet

Modi in Pow-Wow with Xi

ABS News Service/17.07.2014

 

5230

June Export Up 10.22% and Imports Rise 8.33% in Dollar Terms

ABS News Service/17.07.2014

 

5231

RBI Releases Service Trade Data, $13.9bn Export Recorded in May, $8bn Imports

RBI Press Release: 2014-2015/102 dated 15 July 2014

 

5232

Sixth Brics Summit – Fortaleza Declaration

PIB- PMO Office Press Release dated 16 July 2014

 

5233

Rupee Falls by 60 paise to Reach 60.70 to the Dollar for Customs Valuation on Imports

53-Cus(NT)/17.07.2014

 

5234

Project Exports Liberalised, RBI Withdraws from Approval Committee

11-RBI/22.07.2014

 

5235

USB Flash Drives Anti-dumping Investigation Extended upto 20 Dec 2014 after TRU Approval

F.No. 14/22/2012-DGAD dated 15th July 2014

 

5236

Forex Remittance Ceiling of $125,000 can be used for Acquisition of Immovable Property Outside India, says RBI

05-RBI/17.07.2014

 

5237

FDI Reporting Switch Over to NIC 2008 Activity Code from NIC 1987 Ver

Uniform State and District Code List for Reporting in Form FCGPR

06-RBI/18.07.2014

 

5238

RBI Regional Office to Decide Bank Applications for Rupee Drawing Arrangement in Non-Resident Exchange House

07-RBI/18.07.2014

 

5239

Applications of Indian Agent for Approval under Money Transfer Service Scheme to be Decided by RBI Regional Office

08-RBI/18.07.2014

 

5240

Hindon Airport (Ghaziabad) Notified for Defence Goods Loading and Unloading

54-Cus(NT)/21.07.2014

 

5241

India Wins at WTO Over US Anti Subsidy Action on HR Coils

ABS News Service/24.07.2014

 

5242

Rooibos Tea Protected in EU Trade Pact with SACU

ABS News Service/24.07.2014

 

5243

US-China Meetings Build Ground for Investment Treaty

ABS News Service/24.07.2014

 

5244

Commerce Secretary says No to Trade Facilitation without Food Security

ABS News Service/24.07.2014

 

5245

China Wins State Enterprises Subsidy Case at WTO, US CVD not Justified

Six of Seven CVD Cases Dismissed

ABS News Service/24.07.2014

 

5246

India gives Firm No to Bali and TF if No Solution to Food Security by Year End

PIB (MoC&I) Press Release dated 25th July 2014

 

5247

US Warms End of WTO if India Blocks Bali

ABS News Service/29.07.2014

 

5248

Rupee Set for Weekly Gain as India Eases Bond Cap for Foreigners

ABS News Service/29.07.2014

 

5249

IMF Cuts 2014 Global Forecast after Slowdowns in China, US, Russia Slump

ABS News Service/29.07.2014

 

5250

Libor Plus 350bps Ceiling for ECB to Continue Till 31 Dec 2014

17-RBI/28.07.2014

 

5251

FII Investment Limit in Govt Securities Enhanced by $5mn

13-RBI/23.07.2014

 

5252

Export Credit of US$41.96mn to Senegal for Setting up of Modern Abattoir and Cold Storage etc.

12-RBI/23.07.2014

 

5253

RBI Recognises E-Aadhaar as an Officially Valid Document under Money Laundering Rules

E-KYC Service is a Valid Process for KYC Verification under PML Rules

09-RBI/21.07.2014

 

5254

E-KYC Service is a Valid Process for KYC Verification under PML Rules

10-RBI/21.07.2014

 

5255

Ceiling on Libor Import Credits for Infrastructure to Continue Till 31 Dec 2014

16-RBI/28.07.2014

 

5256

RBI Clarifies Due Diligence and Adherence to KYC Norms, Prepaid Foreign Cards are a Form of Foreign Currency

14-RBI/25.07.2014

 

5257

RBI Starts New EDP Monitoring System for Exports from 1 March 2014, Simplified Reporting under FETERS Prescribed

15-RBI/28.07.2014

 

5258

Prelim Anti-dumping Duty on PTA from China, EU, Korea and Thai Notified on Reliance Complaint; Samsung, Taekwang and Indorama Affected

36-ADD/25.07.2014

 

5259

Rubber Chemicals from China and Korea – Anti-dumping Duty to Continue for Five Years

Korea Returns to the Dumping Net

35-ADD/24.07.2014

 

5260

Anti-dumping Duty on Front Axle Beams and Steering Knuckles for Commercial Vehicles from China Extended upto 14 June 2015 in Review

30-ADD/23.07.2014

 

5261

Carbon Black from China, Russia and Thai – Anti-dumping Duty Extended by One Year to 29 July 2015

Australia Spared from Import

31-ADD/23.07.2014

 

5262

Anti-dumping Duty on Phosphoric Acid from Korea Extended upto 21 June 2015 in Review

32-ADD/23.07.2014

 

5263

Anti-dumping Duty on Vitamin C from China Extended Till 15 June 2015 in Review

33-ADD/23.07.2014

 

5264

Potassium Carbonate Anti-dumping Duty Extended Further by One Year to 9 June 2015

34-ADD/23.07.2014

 

5265

Open Letter to Prime Minister Modi

Please Stop Derailing WTO – Trade Facilitation is Good for India – It Helps Our Export and Consumer Welfare

ABS News Service/04.08.2014

 

5266

Modi Goes Back on Bali – No TF, Demands Food Security Deal by Dec 2017, Cannot Wait for Three Years Till 2017 Ministerial

Question Mark on TF Deadline of 31 July

ABS News Service/04.08.2014

 

5267

India Stance at WTO on 25 July

ABS News Service/04.08.2014

 

5268

Hitachi Rare Earth Magnet Ends – China Steps in

Right Holders in Fight with Rivals

ABS News Service/04.08.2014

 

5269

Solar Energy Shifts to Taiwan to Avoid US Anti-dumping on China

ABS News Service/04.08.2014

 

5270

Tariff Value Rises on Brass Scrap US$59/MT

Tariff Value Falls on RBD Palm Oil $29/MT; RBD Palmolein $33/MT; Soyabean Oil $36/MT; Silver $19/kg; Gold $4/10 gms

55-Cus(NT)/31.07.2014

 

5271

Reserve Bank gives Green Signal to MB Shah Black Money Commission

All Financial Agencies Asked to Co-operate with the Investigation Team

18-RBI/30.07.2014

 

5272

Export Incentives Allowed for All Rupee Exports to Iran

89-Ntfn(RE)/06.08.2014

 

5273

Rupee Falls to 61.85 from 60.70 for Customs Valuation on Imports w.e.f. 8 Aug 2014

57-Cus(NT)/07.08.2014

 

5274

Bar Coding on Mono Cartons of Pharma Exports Extended by Nine Months to 1 April 2015

68-PN(RE)/06.08.2014

 

5275

Principal Chief Commissioner or Principal Commissioner Notified as Equivalent to Chief Commissioner and Commissioner for Customs and Excise

56-Cus(NT) and 23-CE(NT)/ 06.08.2014

 

5276

Nepal to Host SAARC Summit in November

ABS News Service/08.08.2014

 

5277

US ITC Determines No Injury on Threaded Rods Imports from India

ABS News Service/11.08.2014

 

5278

DGFT to Review Oxalic Acid, Soda Ash, Glass Vials and Glass Mosaics Input Output Norms

11-TN/07.08.2014

 

5279

Another Five Years of Anti-dumping Duty on Sodium Nitrite from EU

37-ADD/08.08.2014

 

5280

Only Quarterly Reporting of Export Obligation Default

CBEC Instruction/11.08.2014

 

5281

Many Questions on Viability of JNPT FTWZ after Customs Actions to Scuttle Existing FTWZ

ABS News Service/14.08.2014

 

5282

Narendra Modi to Lay Foundation of JNPT $666mn Free Trade Warehousing Zone a Day after 15 Aug Independence Day

$321mn Eight Lane Road to JNPT Planned to Beef up Connectivity

ABS News Service/14.08.2014

 

5283

Ad Co Chief in Lock up for Service Tax Evasion in Mangalore

ABS News Service/14.08.2014

 

5284

Goa Air India Driver Teams up with Passengers to Bring in Gold

ABS News Service/14.08.2014

 

5285

Uprooted Villagers to Get 400 sq ft per Head

ABS News Service/14.08.2014

 

5286

Modi Wins Hearts in Nepal, Shakes Hands with Maoist Opposition Leader Prachanda

Highlights of Joint Press Statement on the Visit of the PM Modi to Nepal

ABS News Service/14.08.2014

 

5287

Deals Signed with Nepal on Sushma Swaraj Visit of 25-27 July 2014

ABS News Service/14.08.2014

 

5288

Metals, Precious Metals and Rice Up; Energy, Veg Oils, Wheat, Cotton and Rubber Down in July

World Bank

 

5289

Nirmala Sitharaman in Lok Sabha Regarding "India's Stand in the WTO"

ABS News Service/14.08.2014

 

5290

US Commerce Dept Confirms Anti-dumping Duties on China, Solar Products, Taiwan Roped in

ABS News Service/14.08.2014

 

5291

Apple, Samsung in Patent Peace Pact on Phones

ABS News Service/14.08.2014

 

5292

Safeguard Duty Imposed on Seamless Pipes and Tubes on Complaint of Jindal Steel, Maharashtra Seamless and ISMT, Pune – Final Findings

20% for the Period 13 Aug 2014 – 12 Aug 2015

10% for the Period 13 Aug 2015 – 12 Aug 2016

5% for the Period 13 Aug 2016 – 12 Feb 2017

Click here for Final Findings

02-SG/13.08.2014

 

5293

Anti-dumping Duty on Polypropylene from Singapore Extended till 29 July 2015 in Review

38-ADD/13.08.2014

 

5294

Tariff Value Rises on Brass Scrap to $63/MT; Gold $5/10 gms; Areca nuts by $159/MT and Crude Soyabean Oil $8/MT

Tariff Value Falls on Crude Palm Oil $25/MT; RBD Palm Oil $32/MT; Palm Oil $28/MT; Crude Palmolein $33/MT; RBD Palmolein $27/MT and Palmolein $30/MT

71-Cus(NT)/14.08.2014

 

5295

Six Percent Interest in Delayed Refund of Deposits after Appellate Order

70-Cus(NT) and 24-CE(NT) dated 12.08.2014

 

5296

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 83.137417 w.e.f. 12 Aug 2014

20-RBI/12.08.2014

 

5297

Resident Individual can Buy Property Outside India – Reporting Procedure

19-RBI/11.08.2014

 

5298

PM to Launch Various Roads and Ports Projects in Maharashtra

PIB (MORTH) Press Release dated 15th August 2014

 

5299

Ceftriaxone Sodium Sterile from China - Another Five Years of Anti-dumping Duty in Review but Amount Slashed to $21.85 per kg from 77.35 per kg

39-ADD/14.08.2014

 

5300

Gold Declines for Second Day as Palladium Reaches 13-Year High

ABS News Service/18.08.2014

 

5301

Karwar Godown Owner sent to Jail after High Court NBW for Service Tax Default

ABS News Service/19.08.2014

 

5302

Malaysia Launches Safeguard Investigation on Hot Rolled Steel Plate

ABS News Service/19.08.2014

 

5303

Sugar Duty Raised to 25% from 15%

Ntfn 26/21.08.2014

 

5304

MEP on Onions Return to US$300 per MT from $500 per MT

91-Ntfn(RE)/21.08.2014

 

5305

Rupee Gains to 61.25 from 61.85 for Customs Valuation on Imports w.e.f. 22 Aug 2014

72-Cus(NT)/21.08.2014

 

5306

Nexus Condition between Advance Licence Import and Export Tightened – Flexibility of Exporters Curtailed

90-Ntfn(RE)/21.08.2014

 

5307

New Guidelines for Ad hoc Exemptions of Customs Duty under Sec 25(2) Covers only Free of Cost Goods for Charitable Purposes or Grants to Government Agencies

09-CBEC/19.08.2014

 

5308

Service Tax Exempted for Kailash Yatra Pilgrims

17-ST/20.08.2014

 

5309

Service Tax Proposals in July 2014 Budget to Apply from 1 Oct

18-ST/25.08.2014

 

5310

Date of Taxation Event to Determine Exchange Rate for Service Tax

19-ST/25.08.2014

 

5311

Service Tax in CENVAT Credit Restrictions Ambit under Amended 12AAA CENVAT Rules

25-CE(NT)/25.08.2014

 

5312

Modi on Five Day Visit to Japan – Leads Delegation of 10 Business Men to Court Shinkansen 300 Km Bullet Trains

ABS News Service/28.08.2014

 

5313

India is Safe for Japanese Money, Market Good for Low Price Japanese Goods

Japan Opens Doors to Indian Engineers to Lower Costs

ABS News Service/28.08.2014

 

5314

Anti-dumping Duty Final Findings on Solar Cells Lapses after FinMin No to Protect Consumers

ABS News Service/28.08.2014

 

5315

India and Japan Will Deepen Strategic Cooperation at September Summit

ABS News Service/28.08.2014

 

5316

Prelim Safeguard Duty of 20% Imposed on Saturated Fatty Alcohols from All Countries on Export Oriented Unit VVF Complaint

Only Developing Countries other than Malaysia, Thailand and Indonesia Exempted

03-SG/28.08.2014

 

5317

Service Tax Certificate by Rail Transport Required for CENVAT Credit

26-CE(NT)/27.08.2014

 

5318

RBI Delegates Power to Bank on Maturity Period Mismatch in New ECB

21-RBI/27.08.2014

 

5319

FIIs Allowed to Buy Securities Outside Stock Exchanges

22-RBI/28.08.2014

 

5320

Tariff Value of Crude Palm Oil Falls by $68/MT; RBD Palm Oil $90/MT; Palm Oil $79/MT; Crude Soyabean Oil $63/MT; Brass Scrap $61/MT and Poppy Seeds $174/MT

·   Crude Palmolein, RBD Palmolein, Palmolein Falls by $80/MT

·   Gold and Silver Down by $6/10 gms and $5/kg

73-Cus(NT)/29.08.2014

 

5321

Performance of the Economy in the First Quarter of the Financial Year 2014-15 Broadly on Expected Lines

PIB (MoF) Press Release dated 29th August 2014

 

5322

India-Israel Bilateral Cooperation

PIB (MHA) Press Release dated 29th August 2014

 

5323

WTO Programme of Meetings for 2014

WTO Secretariat/29.08.2014

 

5324

Disposal of Seized ODS Refrigerants through Re-export – Customs Issues Draft Procedure

CBEC Draft Circular F. No. 711.20.2013 Cus (AS) dated 14th August 2014

 

5325

Service Tax Proposals in Finance Act Implemented

D.O.F. No. 334/15/2014-TRU dated 25th August 2014

 

5326

Anti-dumping Investigation Initiated on Gliclazide from China on Complaint of Sole Producer Bal Pharma Bangalore

F.No.14/5/2014-DGAD dated 28th August 2014

 

5327

RBI Shifts Immovable Property Div and Two other Div to Delhi from Mumbai

23-RBI/02.09.2014

 

5328

Export Credit of US$89.90mn to Congo for Transport Development

24-RBI/02.09.2014

 

5329

Mithirohar Village at Gandhidham ICD Notified for Loading and Unloading of Goods

74-Cus(NT)/02.09.2014

 

5330

Modi Visit Launches “India - Japan Special Strategic and Global Partnership”

ABS News Service/05.09.2014

 

5331

Modi Yens for Jap Money, But its Not Free!

ABS News Service/05.09.2014

 

5332

Commerce Ministry Sets Time Limit for SEZ Zonal Development Commissioners

ABS News Service/05.09.2014

 

5333

Jordan Initiates Safeguard on A4 Writing and Printing Paper

ABS News Service/05.09.2014

 

5334

India Looks East to ASEAN

ABS News Service/05.09.2014

 

5335

India-Israel Bilateral Cooperation

ABS News Service/05.09.2014

 

5336

Performance of the Economy in the 1st Quarter of the Financial Year 2014-15 Broadly on Expected Lines

ABS News Service/05.09.2014

 

5337

Board Asks Commissioners to Litigate in Appeal on SAD Levy in DEPB Case – Refund from 2006 Denied to Exporters even as Govt Loses Case in High Court and Supreme Court – Exporters Fear Unjust Enrichment Clause if Govt Loses further in Courts – Where are the “Achche Din” they Wonder

F.No. 276/125/2012-CX.8A, Cus dated 25th August 2014

 

5338

RBI Eases Rules for ECB Landers to Extend Loans in Rupees

25-RBI/03.09.2014

 

5339

Rupee Gains to 61.00 from 61.25 for Customs Valuation on Imports w.e.f. 5 Sept 2014

75-Cus(NT)/04.09.2014

 

5340

Crude, Metals, Precious Metals and Raw Materials Down in August

World Bank

 

5341

Foreign Portfolio Investors (FPIs) Allowed to Interest Hedging for Full Maturity Duration

28-RBI/08.09.2014

 

5342

Export Credit of US$18mn to Mauritius

27-RBI/05.09.2014

 

5343

Export Credit of US$26.50mn to Honduras

26-RBI/05.09.2014

 

5344

Nirmala Ducks Question on Firm Date for Foreign Trade Policy 2014-19, says Policy Release, “Very Soon”

ABS News Service/11.09.2014

 

5345

India Formally Signs Trade in Services and Trade in Investments Agreement with ASEAN

ABS News Service/11.09.2014

 

5346

China Posts Record Surplus as Exports-Imports Diverge

ABS News Service/11.09.2014

 

5348

India Seeks to Elbow Out China on Rare Earths Export to Japan

ABS News Service/11.09.2014

 

5349

Extract from the Joint Statement on the State Visit of Prime Minister of Australia to India

ABS News Service/11.09.2014

 

5350

EU Welcomes WTO ruling against Argentinian Measures on Imports

ABS News Service/12.09.2014

 

5351

Clouds Over Solar Energy Projects?

ABS News Service/12.09.2014

 

5352

Pears, Peaches and Cabbage Rot in Europe as Russia Bans Import

ABS News Service/12.09.2014

 

5353

Indian Rupee Falls Most in a Week as Fed Rate Bets Boost Dollar

ABS News Service/12.09.2014

 

5354

Dollar Rises to 6-Year High versus Yen on Fed Policy Bets

ABS News Service/12.09.2014

 

5355

Gold Holds near Three-Month Low as Dollar’s Climb Curbs Demand

ABS News Service/12.09.2014

 

5356

Red Star Over India? Xi Jinping in Abad with Modi

ABS News Service/18.09.2014

 

5357

Clarifications on Amendments to Appeal Provisions in Cus, Cen Excise and Service Tax made by FA, 2014

984-CBEC/16.09.2014

 

5358

SEZ Vessels Allowed to Handle Oil Spill

SEZ Instruction No. 81 dated 8th September 2014

 

5359

Tariff Value Falls: Gold $20/10 gms; Silver $36/kg; Palmolein $40/MTs; Palm Oil $21 to 24/MTs; Crude Soyabean Oil $45/MTs; Brass Scrap $17/MTs

76-Cus(NT)/15.09.2014

 

5360

Dept of Revenue Issues Prelim Anti-dumping Duty on Electrical Insulators of Glass or Ceramics from China

40-ADD/16.09.2014

 

5361

Guidelines for Nomination of Members of SEZ Authority

SEZ Instruction No. 82 dated 10th September 2014

 

5362

DG Safeguards Slaps 55% Duty on Sodium Citrate from China

F.No. D-22011/20/2013 Dated 16.09.2014

 

5363

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 80.580297 w.e.f. 9 Sept 2014

29-RBI/12.09.2014

 

5364

Chinese Industrial Parks in Sanand

ABS News Service/19.09.2014

 

5365

China to Ban >40% High Ash Coal

ABS News Service/19.09.2014

 

5366

FDI Shuns China as Microsoft/Apple Face Probes

ABS News Service/19.09.2014

 

5367

China Takes Over Colombo with $1.4bn 233 ha Port City Project

ABS News Service/19.09.2014

 

5368

Silk Road through Male but No to Pak

ABS News Service/19.09.2014

 

5369

Ethiopia Envisages Entry into the COMESA Free Trade Area

ABS News Service/19.09.2014

 

5370

Dollar Exports Crash to 2.35% in Aug. 2014

ABS News Service/19.09.2014

 

5371

Eleventh Meeting of Finance Ministers’ of Asia Europe (ASEM)

ABS News Service/19.09.2014

 

5372

India Tightens Vietnam Defence, Oil Ties Ahead of China’s Xi’s Visit

ABS News Service/19.09.2014

 

5373

Rupee Gains for Second Straight Session on Fed Rate Hopes

ABS News Service/19.09.2014

 

5374

Gold Import Reporting through XBRL System

30-RBI/15.09.2014

 

5375

Namkeens, Mixtures or Savouries SION Notified

69-PN(RE)/16.09.2014

 

5376

Chinese Prez Xi Invites India for Regional Peace and Development, Sells Maritime Silk Road and Silk Road Belt

ABS News Service/19.09.2014

 

5377

Rupee Falls to 61.75 from 61.00 for Customs Valuation on Imports w.e.f. 19 Sept 2014

87-Cus(NT)/18.09.2014

 

5378

Zero Duty Sample Fabric of 1000m Allowed at Zero Duty to Exporters

Ntfn 28/18.09.2014

 

5379

US to Push TF in Modi Visit for UN Meet at Month End

ABS News Service/19.09.2014

 

5380

Another Five Years of Anti-dumping Duty on Sulphur Black from China in Review

41-ADD/18.09.2014

 

5381

Zero Customs Duty for Airborne Early Warning and Control (AEW&C) System Programme

Ntfn 27/18.09.2014

 

5382

Madinagar, Dist Ghaziabad ICD Notified for Unloading and Loading of Goods

86-Cus(NT)/18.09.2014

 

5383

DGFT Corrects FPS Mistakes for Five Items in Feb 2014 Notification

70-PN(RE)/19.09.2014

 

5384

Rules for Conversion of Outstandings to Equity Shares by FDI Eased

31-RBI/17.09.2014

 

5385

CBEC Sets up 23 Excise Zones for Audit Commissionerates, Issues Guidelines

985-CBEC/22.09.2014

 

5386

Food Processing Ministry Pushes Investment and Skill Development

PIB (MOFPI) Press Release dated 22nd September 2014

 

5387

WTO Forecasts Fall of 1.6% in 2014 Trade

New Rate Pegged at 3.1%, 2015 Forecast Cut to 4.0%

ABS News Service/25.09.2014

 

5388

India-China Sign MOUs

ABS News Service/25.09.2014

 

5389

G-20 Fin Ministers Meet in Cairns

US Easement may Stimulate Volatility and Instability in Rest of World, Growth Confined to US and UK only

ABS News Service/25.09.2014

 

5390

G-20 Heads to Meet Two Months at Brisbane, Modi to Join Meeting

Targets Two percent Additional GDP in Five Year

ABS News Service/25.09.2014

 

5391

Palm Oil Imports by India Surge 23% Record as Prices Slump, Malaysia Scraps Export Tax

ABS News Service/25.09.2014

 

5392

Zero Duty on Pulses except Chickpeas Import Extended upto 1 April 2015; Chickpeas Duty Free Exemption only Till 1 January 2015

Ntfn 29/25.09.2014

 

5393

Customs PRO to Turn into Help Desks for International Passengers

F.No. 450/148/2014-Cus.IV dated 19th September 2014

 

5394

Excise Duty to be Charged on Sales Tax Collected but not Paid

F.No. 6/8/2014-CX.1 dated 17th September 2014

 

5395

Flexible Slabstock Polyol Anti-dumping Duty Extended by One More Year to 30 Aug 2015

42-ADD/25.09.2014

 

5396

Services within an Unincorporated Temporary JV (Joint Venture) will be Taxed

179-ST/24.09.2014

 

5397

Export Credit of US$30mn to Togo for Rural Electrification Project

32-RBI/24.09.2014

 

5398

DG Safeguards Initiates Investigation on Stainless Steel CR Sheets on Jindal Complaint

Safeguard Initiation Notice No. D-22011/17/2014 dated 19th September 2014

 

5399

Traders Allowed to Export Kudremukh Iron Ore Pellets

92-Ntfn(RE)/26.09.2014

 

5400

Only Rice and Wheat Import Restricted, other Cereal including Maize, Barley, Oats and Sorghum Freed

High Duty of 50% Plus Continues

93-Ntfn(RE)/29.09.2014

 

5401

Currency Paper Import only thru Security Press NOC

94-Ntfn(RE)/29.09.2014

 

5402

Modi Rocks NRIs at Madison Square, Toes the US Line at UN Assembly

ABS News Service/01.10.2014

 

5403

Visa on Arrival India to Americans but Browns Must Stand in Line at Chanakyapuri!

PIO to Merge in OCI

ABS News Service/01.10.2014

 

5404

Achche Din Agenda for Exporters

ABS News Service/01.10.2014

 

5405

India Ranks Very Low in Ease of Doing Business, In Mid Position for Innovation and Competitiveness

ABS News Service/01.10.2014

 

5406

Modi Promises Policy Clarifications within 72 Hours!

ABS News Service/01.10.2014

 

5407

Modi Faux Pas

ABS News Service/01.10.2014

 

5408

Tax Administration Reforms Commission (TARC) Second Report Calls Customs Reform

“Shun Gate Keepers Approach which Promotes Rent Seeking”, says Shome

ABS News Service/01.10.2014

 

5409

Peanut Butter Substitutes Dairy Butter as Protein Source

ABS News Service/01.10.2014

 

5410

WIPO Earns $724mn a Year on IP Registrations and Member Fees

     Outlines New Design Law Treaty

    US Opposes IGC Diplomatic Meet

ABS News Service/01.10.2014

 

5411

Rupee Falls to 62.30 from 61.75 for Customs Valuation on Imports w.e.f. 2 Oct 2014

96-Cus(NT)/01.10.2014

 

5412

Final Anti-dumping Duty on Phenol from USA and Taiwan, Provisional Rates Maintained with Minor Variation

43-ADD/30.09.2014

 

5413

DGFT Issues SFIS Application Form for Reward Scrip for the Year 2013-14

71-PN(RE)/30.09.2014

 

5414

Tariff Value Rises: Crude Palm Oil $3/MTs; RBD Palm Oil $22/MTs; Palm Oil $13/MTs; Crude Palmolein, RBD Palmolein and Palmolein $31/MTs

Precious Metals Fall: Gold $4/10 gms; Silver $34/kg

95-Cus(NT)/30.09.2014

 

5415

Importers Allowed to Book Forward Contracts upto 100% on Past Performance Route

34-RBI/30.09.2014

 

5416

Export Credit of $52mn to Togo for Setting up of 161 kV Power Transmission Line

33-RBI/25.09.2014

 

5417

Servansing of Mauritius in WTO Appellate Body

ABS News Service/04.10.2014

 

5418

DGFT Considers 31 Cases for Policy Relaxation in 16 September Meet, Very Minor Relaxation for Excess Import and Export Obligation Allowed, Most Cases Rejected

DGFT Website

 

5419

US Pushes Capital Market Reform and Infrastructure Finance in Modi Visit

ABS News Service/09.10.2014

 

5420

Modi to Visit Myanmar for ASEAN Followed by G-20 Australia Meet in Mid Nov

ABS News Service/09.10.2014

 

5421

SCI Looks East, Launches India-Myanmar Service (IMS)

ABS News Service/09.10.2014

 

5422

DIPP Approves Defence Joint Ventures between FDI and Indian Majors

ABS News Service/09.10.2014

 

5423

Dollar Rises 7.8% against Euro, US Exports Affected

ABS News Service/09.10.2014

 

5424

US to Pay $300mn to Brazil to Pay for Past Cotton Subsidies

ABS News Service/09.10.2014

 

5425

Monetary Easing Fails to Provide Employment to 25% Youth in Europe, Labour Market Reform Advocated

ABS News Service/09.10.2014

 

5426

Swedish Cecilia Malmström Slated Next EU Trade Commissioner

ABS News Service/09.10.2014

 

5427

Brand Equity Fund Promotes Indian Pharma

ABS News Service/09.10.2014

 

5428

WTO General Council Meets on 7 Oct on TFA, Post Bali Work Halts

ABS News Service/09.10.2014

 

5429

Central Excise Audit Powers to Continues even as Delhi HC Quashes Audit Power of Service Tax

986-CBEC/09.10.2014

 

5430

Remittances through Exchange Houses to PM Relief Fund Allowed

35-RBI/09.10.2014

 

5431

World Bank to Put up $7bn Plus Aid for Trade Facilitation

ABS News Service/11.10.2014

 

5432

Rubber Crashes to $1.64, Iron Ore Plummets $82!

World Bank

 

5433

CBEC Consolidate Reporting thru Monthly Report from New Year

CBEC Instruction/10.10.2014

 

5434

Money Transfer Service in India on Foreign Remittance Liable to Service Tax

180-ST/14.10.2014

 

5435

American Chicken Legs in Punjabi Dhabas in the Offing

ABS News Service/16.10.2014

 

5436

Foreign Trade Policy may not be Released on Expected Date of 20 Oct

ABS News Service/16.10.2014

 

5437

Sept Exports Fall Once Again

ABS News Service/16.10.2014

 

5438

Excise Collections Turn Negative in September, Customs Revenue Booms – Manufacturing to Shrink?

CBEC Press Release dated 14.10.2014

 

5439

Services Exports Yield $5.67bn Surplus in Aug

ABS News Service/17.10.2014

 

5440

Indonesia Settles with US on Clove Cigarettes, Accepts Ban in Return for Concessions

US Made Menthol Cigarettes to Substitute Indonesia Clove Cigarettes

ABS News Service/17.10.2014

 

5441

USTR Kick Starts Out of Cycle Review of India on Pharma Patents under Special 301

ABS News Service/17.10.2014

 

5442

Injection Moulding Machines from Taiwan under Anti-dumping Investigation on Complaints of Four Producers

Anti-dumping Initiation Notification F.No. 14/03/2014-DGAD dated 14th October 2014

 

5443

Export Warehousing Allowed at Bhuj, Benefits Adani Ports in Mundhra

987-CBEC/15.10.2014

 

5444

Tariff Value Rises: Gold $5 per 10 gms; Area Nuts $222/MTs; Poppy Seeds $212/MTs; Crude Soyabean Oil $14/MT

Tariff Value Falls: Palmolein $7/MTs; Brass Scrap $34/MTs

97-Cus(NT)/15.10.2014

 

5445

Stop Press: No Foreign Trade Policy Today

ABS News Service

 

5446

Rupee Gains to 62.05 from 62.30 for Customs Valuation on Imports w.e.f. 17 Oct 2014

Notification No98/2014-Customs (N.T.) dated 16 October 2014

 

5447

Pesticide Formulation Import Simplified, Supply of Underlying Technical Grade for Scrutiny Sufficient for Customs Clearance Following Court Order of 28 Mar 2014

CBEC Circular No. 10/2014-Customs dated 17 October 2014

 

5448

“Place of Removal” for CENVAT Credit Means Place of Transfer of Title

988-CBEC/20.10.2014

 

5449

More Powers to RBI Junior Officers to Compound FEMA Offences

36-RBI/16.10.2014

 

5450

Customs Commissionerates Double to 60, Service Tax Triple to 22

·      Audit Commissionerates Rise to 60

·      Cadre Restructuring for Effective Functioning and Career Growth Following TARC Report

PIB Press Release dated 15th October 2014

 

5451

Amendments in Jurisdiction of Central Excise Commissionerates

31-CE(NT)/15.10.2014

 

5452

Jurisdiction of New Excise Principal Chief Commissioner, Chief Commissioner, Principal Commissioner and Commissioner

27-CE(NT)/16.09.2014

28-CE(NT)/16.09.2014

29-CE(NT)/16.09.2014

 

5453

Ukraine, Russia Bury Hatchet to Pipe Gas to EU

ABS News Service/22.10.2014

 

5454

Food Safety Kills Gourmet Kitchens

FSSAI gets Stay on HC Order Quashing Food Law

ABS News Service/22.10.2014

 

5455

Stop Press: No Foreign Trade Policy on 20 Oct

ABS News Service/22.10.2014

 

5456

EU Drops “Tar Sands” Distinction in Fuel Quality Directive

ABS News Service/22.10.2014

 

5457

Developing Countries Share Rises in World Trade to Half, Exposure to Volatile Cycles Shoots

ABS News Service/22.10.2014

 

5458

EU Releases Transatlantic Trade Mandate

ABS News Service/22.10.2014

 

5459

India to Push Domestic Coal and Cut Imports

ABS News Service/22.10.2014

 

5460

China Slaps Tariff on Coal Import, Aussies Miffed

ABS News Service/22.10.2014

 

5461

Samsung Global Chief to Visit India in Nov for Digital India

India for Global Control on Telecomm thru ITU

ABS News Service/22.10.2014

 

5462

Submission of Utilisation Certificate for Excise Extended to 12 Months from Six Months for LNG and Natural Gas Import by GAIL, NTPC or Patronet

Ntfn 30/20.10.2014

 

5463

DGAD Initiates Investigation on Phenol from EU, Singapore and Korea on HOC Plus SI Group Complaint

Anti-dumping Initiation Notification No.14/13/2014-DGAD dated 15th October 2014

 

5464

Dried Silk Worm Pupae to EU Allowed Subject to Health Certificate and Plant Approval thru CAPEXIL

95-Ntfn(RE)/22.10.2014

 

5465

Prabha Sridevan to Head IPR Think Tank for DIPP, Ex WIPO Man Secy

PIB (MoC&I) Press Release dated 24th October 2014

 

5466

Fake Exports from China to HK Surface, $10bn Detected

ABS News Service/28.10.2014

 

5467

Gold Import in Official and Smuggling Route Rise as Price Falls to $1200

ABS News Service/30.10.2014

 

5468

G-20 Meets in Brisbane in Mid Nov, Seeks 2% Extra Growth Formula

Curbs on Global Tax Dodging on the Anvil

ABS News Service/30.10.2014

 

5469

Protests Mount on Meeting of the G-20 Rich

ABS News Service/30.10.2014

 

5470

Gas Pricing or Gas Wars?

ABS News Service/30.10.2014

 

5471

US for Plurilateral on TFA without India!

ABS News Service/30.10.2014

 

5472

Gas Price of $5.05 mmBtu for Five Months Notified

ABS News Service/30.10.2014

 

5473

US Origin COOL Labels are not Cool, says WTO Panel

ABS News Service/31.10.2014

 

5474

Milk Powder Falls 50%, Kiwi Drops

ABS News Service/31.10.2014

 

5475

EU, China Resolve Telecoms Trade Dispute in “Give and Take” Spirit

ABS News Service/31.10.2014

 

5476

TPP Meet in Sydney 25-27 Oct, Annual Meet in Nov

ABS News Service/31.10.2014

 

5477

Biodiversity Meet in South Korea

ABS News Service/31.10.2014

 

5478

EU, Singapore Finalises Investment Negotiations, Provisions of ISDS in Dispute

ABS News Service/31.10.2014

 

5479

Seychelles Set for 161 Position as WTO Member, Binds Tariff at 9.5%, Adopts IPR Laws

Will Join ITA, GPA

ABS News Service/31.10.2014

 

5480

DGAD Initiates Investigation on Melamine Tableware and Kitchenware Products from China, Thai and Vietnam on Hamilton Complaint

Anti-dumping Initiation F.No. 14/10/2014-DGAD dated 28th October 2014

 

5481

G-20 Meet in Brisbane to Focus on Structural Reform Measures to Up GDP by 2%

Meeting of G-20 Finance Ministers and Central Bank Governors, Cairns, 21 Sept 2014

ABS News Service/06.11.2014

 

5481A

India under Attack from G20 at Brisbane Meet

ABS News Service/06.11.2014

 

5482

Tariff Value Falls: Gold $10/10 gm; Silver $24/kg; Brass Scrap $122/MTs; Palmolein $12/MTs; Crude Soyabean Oil $15/MTs; Palm Oil $13-21/MTs

Poppy Seeds Tariff Value Rises by $106/MTs

100-Cus(NT)/31.10.2014

 

5483

Injection Moulding Machines in Anti-dumping Net on Four Producers Complaint, Constructed Prices used for “Dumping Margin”

ABS News Service/07.11.2014

 

5484

G-20 Past and Present

ABS News Service/07.11.2014

 

5485

Government Submits List of Black Money Account Holders to Supreme Court in Sealed Envelope, Buck Passed to SIT

ABS News Service/07.11.2014

 

5486

Dollar Rise with Interest Rate Hikes

Gold Slides with Silver to Lowest Since 2010

ABS News Service/07.11.2014

 

5487

Nickel Down even as Indonesia Bans Export, Aluminum, Zinc Rise

ABS News Service/07.11.2014

 

5488

Oil Price to Remain below $100 Till End 2015

ABS News Service/07.11.2014

 

5489

EU Farm Support Remains Minimally Trade-Distorting

ABS News Service/08.11.2014

 

5490

Oil Crashes, Coal Falls but NG up, Metals Fall Continues

World Bank

 

5491

US and Mexico to Settle Sugar Dumping Row

ABS News Service/08.11.2014

 

5492

US Launches Probe on Post Modi Trade and Investment Regime

TF, Local Content, Computer Import Rules may Invite Retaliation

ABS News Service/06.11.2014

 

5493

Rupee Rises to 61.90 from 62.05 against USD for Customs Valuation on Imports w.e.f. 6 Nov 2014

101-Cus(NT)/05.11.2014

 

5494

Africa FTA in Mid Dec in Cairo Meet

ABS News Service/08.11.2014

 

5495

Poorest Landlocked Nations must be heard on Trade Facilitation, DG tells UN Meeting

ABS News Service/08.11.2014

 

5496

Trans Pacific Partnership

ABS News Service/08.11.2014

 

5497

Govt Gives More Time to Complete Modalities for Red Sanders Export Quota upto 30 April 2015

96-Ntfn(RE)/05.11.2014

 

5498

CBEC Clarification on Excisability of Odoriferous Compound (Agarbathis)

989-CBEC/07.11.2014

 

5499

Natural Sands Import Permitted Subject to PQ Order

97-Ntfn(RE)/07.11.2014

 

5500

India-Bangladesh Border Haat at Srinagar, Tripura Allowed for Local Produce

72-PN(RE)/07.11.2014

 

5501

Splitting up of Rebate Claims Need Pre-audit

CBEC Instruction F. No. 206/05/2014-CX.6 dated 3rd November 2014

 

5502

Excise and Customs Jurisdiction and Designation Amendments

102 to 107-Cus(NT)/07.11.2014

 

5503

WTO Report says Restrictive Trade Measures Continue to Rise in G-20 Economies

ABS News Service/12.11.2014

 

5504

Azevêdo Departs for Talks at APEC and G-20

ABS News Service/12.11.2014

 

5505

Initiatives to Facilitate Trade and Encourage Non-Adversarial Tax Administration

PIB (MoF) Press Release dated 7th November 2014

 

5506

India to Provide Visa on Arrival Facility for Russian Business Visitors through Eighteen Airports

India and Russia Develop Framework for Tracking Key Priority Projects

PIB (MoC&I) Press Release dated 7th November 2014

 

5507

There is Urgent Need for Technological Up-Gradation in Handloom and Power Loom Sector to Face the Challenges of Competitive World: Prime Minister

PIB (MoT) Press Release dated 7th November 2014

 

5508

PM Modi Pitches ‘Make in India’ Dream in Myanmar

ABS News Service/13.11.2014

 

5509

Prime Minister Modi Statement Prior to his Departure for Myanmar, Australia and Fiji

ABS News Service/13.11.2014

 

5510

APEC Leaders’ Meeting Kicks off, Xi Urges Action

ABS News Service/13.11.2014

 

5511

Xi Wins Leaders’ Support for Road Map on Asia-Pacific Trade Pact

ABS News Service/13.11.2014

 

5512

No sign of Thaw in Obama’s Brief Encounters with Putin

ABS News Service/13.11.2014

 

5513

Azevêdo Hails Breakthrough on the WTO’s Information Technology Agreement

ABS News Service/13.11.2014

 

5514

Indian Wheat Exports to halve as New Food Scheme Boosts Demand, FAO Reports

ABS News Service/13.11.2014

 

5515

LDCs Encourage WTO Members to Design More Effective Preferential Rules of Origin

ABS News Service/13.11.2014

 

5516

India Backs Off on Food Security on Fear of G20 Pressure
First Despatch from Brisbane by Arun Goyal

ABS News Service/13.11.2014

 

5517

Statement on WTO made by Commerce & Industry Minister

PIB (MoC&I) Press Release dated 13th November 2014

 

5518

Excise Duty Hiked on Petrol and Diesel by Rs. 1.5 per litre

22-CE/12.11.2014

 

5519

Zero Duty on Bunker Fuels for use in Indian Flag Vessels for Carrying Cargo – Exemption Valid Till 11 May 2015

Ntfn 31/11.11.2014

 

5520

Zero Excise Duty on Bunker Fuels for use in Indian Flag Vessels for Carrying Cargo – Exemption Valid Till 11 May 2015

21-CE/11.11.2014

 

5521

Aluminium Dross and Skimmings are Manufactured Goods and Excisable

·   Revenue Follow Tribunal Judgement

CBEC Instruction F. No. 17/02/2009-CX.1 (Pt) dated 12th November 2014

 

5522

Cellular Mobile Service Provider is not entitled to Avail CENVAT Credit on Tower Parts & Pre-fabricated Buildings

CBEC Instruction F. No. 267/60/2014-CX.8 dated 11th November 2014

 

5523

G20 under Strain with Battles over Growth vs Stability

Second Despatch from Brisbane by Arun Goyal

ABS News Service/17.11.2014

 

5524

G20 Decides on Global Priorities of Financial Stability, Climate Change

G20 Leaders’ Communiqué Brisbane Summit, 15-16 November 2014

ABS News Service/19.11.2014

 

5525

CBEC Clarifications on Duty Drawback 2014-15 Effective from 22 Nov 2014

13-CBEC/18.11.2014

 

5526

Dept of Revenue Amends Customs, Central Excise Duties and Service Tax Drawback Rules w.e.f. 22 Nov 2014

109-Cus(NT)/17.11.2014

 

5527

Revenue Releases New Drawback Schedule w.e.f. 22 Nov 2014

110-Cus(NT)/17.11.2014

 

5528

No Double Duty on Carbon Black from China, Anti-dumping Duty will be Deducted from Safeguard Duty, Rules Department

11-CBEC/14.11.2014

 

5529

Dept of Revenue Issues Procedure for Assessment of Value of Iron Ore Exports

12-CBEC/17.11.2014

 

5530

Exports Dip by 5% in Oct

PIB (MoC&I) Press Release dated 17th November 2014

 

5531

Tariff Value Falls: Gold $31/10 gms; Silver $34/kg; Brass Scrap $23/MT

Tariff Value Rises: Palm Oil $27 to 30/MTs; Palmolein $21/MTs and Crude Soya Bean Oil $10/MTs

108-Cus(NT)/14.11.2014

 

5532

Customs and Excise Jurisdiction and Designation Amendments

CBEC (Corrigendum) Office Order 10 dated 12th November 2014

 

5533

Sectoral Decline Added to Disappointing Exports Setting an Alarming Trend: President, FIEO

ABS News Service/20.11.2014

 

5534

Rupee Falls to 62.60 from 61.90 for Customs Valuation on Imports w.e.f. 21 Nov 2014

111-Cus(NT)/20.11.2014

 

5535

Marble Quota for Eight Lakh MT for FY 2014-15 Announced Allocation on Turnover and Number of Gang Saws

99-Ntfn(RE)/20.11.2014

 

5536

NAB Transaction Certificates must Accompany for Organic Products Export

73-PN(RE)/18.11.2014

 

5537

Importer of Scheduled Chemicals under SCOMET List must Notify within 30 days of Imports to DGFT or NACWC

98-Ntfn(RE)/19.11.2014

 

5538

DGFT Issues Guidelines for Goods under USA Crime Control or Regional Security

74-PN(RE)/19.11.2014

 

5539

Export Realisation Period of Nine Months Set for All Export Units

37-RBI/20.11.2014

 

5540

Transaction of Immovable Property – Tax Applicable as per Indian Law

38-RBI/20.11.2014

 

5541

CBEC Clarification on Availment of Cenvat Credit after Six Months

990-CBEC/19.11.2014

 

5542

Amendments in SION

75-PN(RE)/20.11.2014

 

5543

DIPP Abolishes Licensing for Ammonium Nitrate Fuel Oil

PIB (MoC&I) Press Release dated 20th November 2014

 

5544

Probe Alleged Misuse of Free Trade Agreements with Sri Lanka and Nepal for Duty-Free Import

ABS News Service/21.11.2014

 

5545

SAARC Motor Vehicle Agreement for the Regulation of Passenger and Cargo Vehicular Traffic amongst SAARC Member States

PIB (Cabinet) Press Release dated 20th November 2014

 

5546

Gabon Announces Final Deal Reached with WTO Members on Tariff Changes

ABS News Service/21.11.2014

 

5547

Zero Customs on Two Anti-Malarial Drugs, Diagnostic Kit and Insecticidal Nets Import upto 1 Oct 2015

Ntfn 32/21.11.2014

 

5548

Zero Excise on Anti-Malarial Drugs, Diagnostics and Medical Products Import upto 1 Oct 2015

23-CE/21.11.2014

 

5549

Another Five Years of Anti-dumping Duty on Diclofenac Sodium from China in Review

44-ADD/21.11.2014

 

5550

DVD-R and DVD-RW from China, Hong Kong and Taiwan – Another Five Years of Anti-dumping Duty in Review but Duty Slashed to 36.67 cents per Piece

45-ADD/21.11.2014

 

5551

RBI Allows Parking of ECB Proceeds in Term Deposits for Six Months Pending Utilisation for Permitted End Uses

39-RBI/21.11.2014

 

5552

Full Fledged Money Changers can Release Full Amount of BTQ Entitlement Cash to Haj Pilgrims

40-RBI/21.11.2014

 

5553

South Asia Meet in Kathmandu, Seeks to Promote Goods Movement thru Rail and Road

ABS News Service/27.11.2014

 

5554

Geneva Moves to Multilateralise India-US Bilateral on Agro Subsidies

ABS News Service/27.11.2014

 

5555

OPEC Plans Production Cuts to Push Oil Price Up from $80

ABS News Service/27.11.2014

 

5556

Nitin Gadkari Flags-off Delhi-Kathmandu Bus Service

One Way Fare for 30hrs Journey Fixed at Rs. 2200

ABS News Service/27.11.2014

 

5557

Australia, China in FTA

ABS News Service/27.11.2014

 

5558

Maldova with EU

ABS News Service/27.11.2014

 

5559

DGAD Initiates Investigation on 2-EH (2-Ethyl Hexanol) from EU, USA and Five others on Andhra Petrochem Complaint

Anti-dumping Initiation Notification F.No.14/24/2014-DGAD dated 20th November 2014

 

5560

DGAD Initiates Investigation on Albendazole from China on Complaint of Sequent Scientific

Anti-dumping Initiation Notification F.No.14/31/2013-DGAD dated 11th September 2014

 

5561

Non Tariff Barrier on Gold Import for Compulsory Export Scheme of 14 Aug 2013 Dropped, Official Imports to Rise

42-RBI/28.11.2014

 

5562

SAARC Summit Salvaged after Handshake by Leaders of India, Pakistan

ABS News Service/29.11.2014

 

5563

Kathmandu Declaration

ABS News Service/29.11.2014

 

5564

India and United States Joint Statement on the Trade Policy Forum

ABS News Service/29.11.2014

 

5565

New Foreign Trade Policy to Address Slowdown concerns of Exporters: Commerce Secretary

PIB (MoC&I) Press Release dated 26th November 2014

 

5566

DGFT Notifies New Format of Aayat Niryat Forms

76-PN(RE)/27.11.2014

 

5567

Tariff Value Rises: Gold $10/10 gms; Silver $23/kg

Tariff Value Falls; Crude Palm Oil $21-24/MTs; Palmolein $17/MTs; Soyabean $11/MT/s; Brass Scrap $59/MTs

112-Cus(NT)/28.11.2014

 

5568

Service Received in SEZ for Authorised Operations Exempted under Refund

F.No.B1/6/2013-TRU dated 25th November 2014

 

5569

Indian Companies are not Allowed to Issue Any Guarantee by their Overseas Subsidiary for Borrowings

41-RBI/28.11.2014

 

5570

Nirmala Tells Parliament on Indian “Victory” on Food Security at WTO in Geneva

Source: PIB (MoC&I) Press Release dated 28th November 2014

 

5571

Parliament Question on Pulses

PIB (MCA) Press Release dated 28th November 2014

 

5572

SEZ Reform Measures Listed

PIB (MoC&I) Press Release dated 28th November 2014

 

5573

Excise Hike of Rs. 2.25 on Petrol, Diesel Up Rs. 1 on 2 Dec

Rs. 1.5 Duty Hikes on both Fuels on 12 Nov

24-CE/02.12.2014

 

5574

Consumers Gain from Tumbling Oil Prices

Producers Poorer as Wealth Transfers to Consumers

ABS News Service/04.12.2014

 

5575

NAB Transaction Certificates must from 18 Dec 2014

77-PN(RE)/01.12.2014

 

5576

Rouble Suffers Biggest 9% Fall Since 1998

Hits 52 against Dollar

ABS News Service/04.12.2014

 

5577

Gold Retreats after Rally as Stronger Dollar Reduces Demand

ABS News Service/04.12.2014

 

5578

WTO Members Sign off on Food Stocks, Trade Facilitation Decisions

Sets July 2015 Deadline for Doha

ABS News Service/04.12.2014

 

5579

US to Hit 3.5% Growth in 2015, says IMF

Others may Follow

ABS News Service/04.12.2014

 

5580

Russia Drops South Stream 930km Sub Sea Gas Pipeline Plan

ABS News Service/05.12.2014

 

5581

G20 Financial Stability Board Suggests “Bail In” thru Deposits to Bail Out Banks in Distress?

ABS News Service/05.12.2014

 

5582

Exchange Rates for Customs Valuation w.e.f. 5 Dec 2014

113-Cus(NT)/04.12.2014

 

5583

Gautam Ray, Former TRU Commissioner in Committee for Clarification in Tax Laws

ABS News Service/05.12.2014

 

5584

SAARC Summit for Power Grid

No Deal on Road and Rail

ABS News Service/05.12.2014

 

5585

USTR Raises MRP Labelling Issue with Nirmala

ABS News Service/05.12.2014

 

5586

Rajan Holds Repo at 8%, Aims for 6% Inflation in 2016

ABS News Service/05.12.2014

 

5587

Mangalore Service Tax Commissionerate Arrests Builder for Rs. 1 Crore Plus Evasion Case

Commissioner of Central Excise & Service Tax, Mangalore Press Note dated 26th November 2014

 

5588

Income Tax Clearance Certificate for Asset Remittance

43-RBI/02.12.2014

 

5589

Export Credit of $25mn to Niger for Financing Potable Water for Semi Urban and Rural Communities

44-RBI/04.12.2014

 

5590

Polished Marble above 20mm Thickness not allowed for Import

100-Ntfn (RE-2013)/2009-2014 dated 5 December 2014

 

5591

Service Tax Scrutiny Powers give to Nominated Cost Accountant and Chartered Accountant in Addition to Audit Party

23/2014-ST dated 5 December 2014

 

5592

Crude Crashes, NG, Coal, Metals, Fertilizers and Precious Metals Fall

World Bank

 

5593

Cotton and Cotton Yarn Export Contract Registration with DGFT Dropped

DGFT Notification 102(RE-2013)/ 2009-14 dated 08 December 2014

DGFT Notification 103(RE-2013)/ 2009-14 dated 08 December 2014

 

5594

ADG Order Appeals Lie with DGFT

DGFT Notification 101(RE-2013)/ 2009-14 dated 05 December 2014

 

5595

PMO Writes to Ministries to Quantify Agro Subsidies

India Prepares Food Subsidy Data for WTO

ABS News Service/11.12.2014

 

5596

Oil Crashes as OPEC Maintains Output

ABS News Service/11.12.2014

 

5597

Chinese Hurdles on GMO Corn Import

ABS News Service/11.12.2014

 

5598

China Announces 2014-2015 Maize Stockpiling Scheme

China Launches Price Support for Maize, Runs Out of Storage Space

ABS News Service/11.12.2014

 

5599

China Steel Export Rise as Iron Ore Crashes

ABS News Service/11.12.2014

 

5600

EU-Canada in FTA, ISDS in Focus

ABS News Service/11.12.2014

 

5601

Another Five Years of Anti-dumping Duty on Cable Ties from China and Taiwan – Duty Slashed to $1.29-$2.13 per kg after Review

47-ADD/09.12.2014

 

5602

Sodium Nitrite Anti-dumping Duty Extended upto 16 Aug 2016 – Duty Slashed in Mid-Term Review

46-ADD/08.12.2014

 

5603

Free Maize Import Stayed till 17 Dec 2014

14-Pol.Cir/10.12.2014

 

 

5604

5605

RBI Issues Guidelines on New FDI Rules

Railway Infrastructure Sector

Defence Sector

 

47-RBI/08.12.2014

46-RBI/08.12.2014

 

5606

RBI Permits Alternative Investment Funds (AIF) Registered with SEBI to Invest Overseas

48-RBI/09.12.2014

 

5607

RBI Notifies Consolidated FDI Policy

45-RBI/08.12.2014

 

5608

Govt Promises New FTP to Lok Sabha after “Consultation and Finalisation”

ABS News Service/13.12.2014

 

5609

Service Tax gets Legal backing with 5th Dec 2014 Notification under Sec 94(2)(k) of FA 2014

181-ST/10.12.2014

 

5610

Climate Meet Seeks New Kyoto Pact

ABS News Service/13.12.2014

 

5611

Guatemala Wins Peruvian Agriculture Duties at WTO on Price Controls on Agri Imports

RTA vs WTO Issue Ruling Famous WTO

ABS News Service/13.12.2014

 

5612

Nirmala Sitharaman Unveils Indian Trade Portal

PIB (MoC&I) Press Release dated 8th December 2014

 

5613

US to Appeal against WTO Ruling on Labelling of Origin Rules

ABS News Service/13.12.2014

 

5614

DGAD Initiates Investigation on Chinese Mulberry Raw Silk of 3A Grade and below on Complaint of Central Silk Board on behalf of Domestic Producers

Anti-dumping Initiation Notification F.No.14/17/2014-DGAD dated 9th December 2014

 

5615

Zero Customs and Excise Duty for J&K Flood Relief Donation Goods

Ntfn 33/11.12.2014
25-CE/11.12.2014

 

5616

Dept of Revenue Extends Powers to DRI and DGCEI Officers to Adjudicate Show Cause Notices

14-CBEC/11.12.2014

 

5617

Float Glass 4mm to 12mm Slapped Anti-dumping Duty Ranging from $58 to $165 per tonne

Pak, Saudi Arabia and UAE in Hit List

48-ADD/11.12.2014

 

5618

Tariff Value Rise: Gold $8; Silver $21; Crude Soyabean Oil $13

Falls: Palm Oil $11 to $17; Palmolein $16; Areca Nuts $56

114-Cus(NT)/15.12.2014

 

5619

Export Upturn in Nov, Rises 7.27%, Imports 26.79%

PIB (MoC&I) Press Release dated 15th December 2014

 

5620

Exchange Control in Russia Soon as Rouble Falls 17% to 80 per dollar

Debt Default could be Next?

ABS News Service/18.12.2014

 

5621

Nuclear Power, Oil and Defence Sectors to Gain from Rouble Fall

ABS News Service/18.12.2014

 

5622

Oil Trades Near 5-Year Low, Russia Matches OPEC Output Policy

Oil Futures Fall to $54

ABS News Service/18.12.2014

 

5623

Rouble Price of Goods Rise in Russia as Sales Fall

ABS News Service/18.12.2014

 

5624

Rupee Weakens to 13-Month Low as Dollar Rises

ABS News Service/18.12.2014

 

5625

India’s Appeal in US Steel Case at WTO Upheld

ABS News Service/18.12.2014

 

5626

Deal on ITA II in the Offing

ABS News Service/19.12.2014

 

5627

Seychelles to be 161 Member of WTO

ABS News Service/19.12.2014

 

5628

African Union Urges Concrete Action as Regional Trade Integration Hits Hurdles

ABS News Service/19.12.2014

 

5629

Nairobi, Kenya to Host 10th WTO Ministerial Conference

ABS News Service/19.12.2014

 

5630

Trade Agreements can Help Bridge the Rich-Poor Divide

ABS News Service/19.12.2014

 

5631

Rupee Falls to 63.85 from 62.50 for Customs Valuation on Imports w.e.f. 19 Dec 2014

116-Cus(NT)/18.12.2014

 

5632

Rupee Falls against Yen to 55.20 from 52.30 for Customs Valuation on Imports w.e.f. 18.12.2014

115-Cus(NT)/17.12.2014

 

5633

Customs Commissioner Granted Powers to Exempted Bank Guarantee under AA/EPCG in Penalty Cases

15-CBEC/18.12.2014

 

5634

Excise to Attest ARE-3 for Deemed Export Benefits on Supplies to EOUs

16-CBEC/18.12.2014

 

5635

Excise to Attest Invoices/ARE-3 for Deemed Export Supplies to Self Bonded EOUs

17-CBEC/18.12.2014

 

5636

Implementation of NAB Transaction Certificates for Organic Products Export Postponed Indefinitely

78-PN(RE)/18.12.2014

 

5637

Dept of Revenue Issues Alpha Numeric Codes for New Commissionerates for CESTAT Appeal Forms Filing Effective from 1 Jan 2015

991-CBEC/17.12.2014

 

5638

Money Transfer Statements only to Regional Offices

49-RBI/16.12.2014

 

5639

Vostro Account Correspondence only with Regional Offices of RBI

50-RBI/16.12.2014

 

5640

Restoration of ACP Status of Accredited Clients Programme (ACP) Clients

18-CBEC/22.12.2014

 

5641

Foreign Exchange Management (Deposit) Regulations, 2000 Exemptions Amended

51-RBI/17.12.2014

 

5642

ITA Expansion Talks Hit Roadblock

ABS News Service/29.12.2014

 

5643

US TPR Highlights New Farm Bill, Economic Recovery

ABS News Service/29.12.2014

 

5644

US Confirms Final Duties on Imports of China, Taiwan Solar Products

ABS News Service/29.12.2014

 

5645

Rouble Swap Shows China Challenging IMF as Emergency Lender

ABS News Service/29.12.2014

 

5646

Vegetable Oil Customs Duty Hiked to 7.5% and 15% from 2.5% and 10%

Ntfn 34/24.12.2014

 

5647

Cases Admitted in the Settlement Commission should be Transferred to Call Book

992-CBEC/26.12.2014

 

5648

Indo-Japan CEPA

Duty Slashed on Engines of 250cc Plus and Gear Boxes and Parts w.e.f. 1 Jan 2015

Ntfn 36/29.12.2014

 

5649

Indo-Korea CEPA General Duty on 966 Items – Quarter to Five Percent Cut w.e.f. 1 Jan 2015

Ntfn 35/29.12.2014

 

5650

Indo-ASEAN FTA (AIFTA) Duty One to Three Percent Cut w.e.f. 1 Jan 2015

Ntfn 38/29.12.2014

 

5651

One to Three Percent Duty Cut on 1630 Items in Indo-Malaysia PTA

Ntfn 37/29.12.2014

 

5652

Concessional Duty of 10% Excise on Machinery, Consumer Durables and Electronics Expires on 31 Dec

Auto Industry Cut to 8% too Goes

Normal Duty of 12% to Apply from 1 Jan in New Year

ABS News Service/01.01.2015

 

5653

BRICs Busted as Stocks in Russia, Brazil Crash

Outlook on Chindia Bright in 2015

ABS News Service/01.01.2015

 

5654

Abe Offers Tax Cuts to Boost Wages and Savings, Promises 30% Tax Rate in Five Years

ABS News Service/01.01.2015

 

5655

Islamist Attack Libya’s Largest Oil Terminal

ABS News Service/01.01.2015

 

5656

Euro Falls to Two-Year Low of $1.21 as Yen Advances

ABS News Service/01.01.2015

 

5657

Malaysia Floods Push Up Rubber, Palm Oil

ABS News Service/01.01.2015

 

5658

IEC Code Now with Electricity or Phone Bills for Residence Proof

Offices to Issues Online IEC within Two Days

79-PN(RE)/31.12.2014

 

5659

Guidelines for IEC Code

15-Pol.Cir/31.12.2014

 

5660

Excise Hike of Rs. 2 on Petrol, Diesel from 2 Jan

Oil Marketing Cos Reap Windfall Gain Due to Halving of Crude Price

01-CE/01.01.2015

 

5661

24x7 Export Clearance in 17 Air Cargo Complex from New Year on All Shipping Bills

18 Sea Ports to Provide 24x7 on White shipping Bills

19-CBEC/31.12.2014

 

5662

Zero Duty on Chickpeas Import Extended upto 1 April 2015

Ntfn 39/31.12.2014

 

5663

Safeguard Duty of 30% Imposed on Sodium Citrate on Complaint of Single Producer

Imbalance in Citric Acid-Sodium Citrate Price Distorts Market

Parallel Anti-dumping Investigation on Domestic Producer Benefits from Demand Hike as China Fills Void

04-SG/31.12.2014

 

5664

Pentaerythritol from Taiwan Anti-dumping Duty Slashed 68% in Review

49-ADD/31.12.2014

 

5665

Export of Buffalo Tallow from Meat Plants Allowed under APEDA Supervision

104-Ntfn(RE)/31.12.2014

 

5666

Euro Falls Rs. 1.65 in Exchange Rates for Customs Valuation w.e.f. 2 Jan 2015

01-Cus(NT)/01.01.2015

 

5667

FTP 2009-14 to Continue Till 31st March 2015, says FIEO President Quoting Sources

Pleads for Retrospective Renewal of Interest Subvention Scheme

ABS News Service/02.01.2015

 

5668

Tariff Value on Brass Scrap Falls $52; Silver $42; Gold $4; Palm Oil $28-30; Palmolein $31 and Crude Soyabean Oil $6

117-Cus(NT)/31.12.2014

 

5669

GPS Import only with IMEI Number

105-Ntfn(RE)/01.01.2015

 

5670

Insecticide Import for Non Insecticide use Subject to DAC Import Permit and Conditions

Insecticide for Insecticide use Required Registration from DAC

106-Ntfn(RE)/01.01.2015

 

5671

Duty Cuts of 0.28 to 8.89 in Indo-Singapore FTA

Ntfn 01/05.01.2015

 

5672

DGFT Postpones 1 Jan Date for Compulsory Online IEC Applications Submission

·      Manual System for IEC to Continue, Technical Glitches Force Postponement of Compulsory Online Filing

·      New Date to be Notified

80-PN(RE)/06.01.2015

 

5673

Anti-dumping Duty on SDH Transmission Equipments from China and Israel Extended upto 7 Dec 2015 for Review Action

01-ADD/05.01.2015

 

5674

Strict Adherence to Monetary Floor of Rs. 5 Lakh (Trib) Rs. 10 Lakh (HC) Rs. 25 Lakh (SC) for Appeals in All Situations, says Board

·      No Clubbing of Cases or Situations Allowed

CBEC Instruction/26.12.2014

 

5675

Guidelines for Security Charge on ECB Borrowings

55-RBI/01.01.2015

 

5676

Guidelines for Security Charge for Overseas Investment

54-RBI/29.12.2014

 

5677

Export Credit of US$120.05mn to Rwanda for Modern Irrigated Agri Project

52-RBI/29.12.2014

 

5678

Export Credit of US$82mn to Congo for Completion of Ketende Hydro-electric Project

53-RBI/29.12.2014

 

5679

Oil Drops below $50, U.S. Stockpiles Rise

ABS News Service/08.01.2015

 

5680

No Demand for Cheap Euro at $1.18, Minus Interest Rate on Deposits, Bond Yields Negative

ABS News Service/08.01.2015

 

5681

Gold Advances Best Run Since October

ABS News Service/08.01.2015

 

5682

China Puts up $1tn in Next Two Years to Push Growth

ABS News Service/08.01.2015

 

5683

Fast Track Indian Citizenship in OCI Route, PIO to become OCI

ABS News Service/08.01.2015

 

5684

SEZ Allowed Dual Use of Duty Paid Non Processing Area for Housing (25%) and Commercial (10%) Area

Lease Sale Permitted

MoC&I Gazette Notification G.S.R. 5(E) dated 2nd January 2015

 

5685

Duty Free Natural Rubber in AA must be Exported within Six Months of Import

81-PN(RE)/09.01.2015

 

5686

Zero Customs Duty on Bunker Fuels for use in Indian Flag Vessels for Carrying Cargo Allowed without Time Limit

Ntfn 03/07.01.2015

 

5687

Zero Excise Duty on Bunker Fuels for use in Indian Flag Vessels for Carrying Cargo Allowed without Time Limit

02-CE/07.01.2015

 

5688

Srinagar (Tripura) LCS in Indo-BDesh Border Haat Notified for Zero Duty Local Produce Import

Ntfn 02/06.01.2015

 

5689

Anti-dumping Duty on Melamine from China Extended for One More Year for Review

02-ADD/07.01.2015

 

5690

Mandatory Pre-deposit of Duty or Penalty for Filing Appeal before CESTAT

CBEC Issues Uniform Data Format for e-Register

993-CBEC/05.01.2015

 

5691

Non-resident Subsidiaries of MNCs can also Hedge Foreign Currency Exposure thru Permissible Derivative Contracts Executed with Authorised Bank in India

56-RBI/06.01.2015

 

5692

Export Credit of US$144mn to Liberia for Financing Power Transmission and Distribution Project

57-RBI/06.01.2015

 

5693

Crude Crashes, NG, Metals, and Edible Oils Fall

Precious Metals, Urea Gain

World Bank

 

5694

Board Allows Packing List in Export/Import Invoice as Measure of “Simplification”

01-CBEC/12.01.2015

 

5695

Anti-dumping Duty of Rs. 200 per Piece on Pen Drives Recommended

Impost to Spawn Rs. 1100 Cr Grey Market

China, Taiwan Allege “Sentencing without Hearing and Trial" in Violation of WTO Rules

Click here for Full text of Final Findings [F.No. 14/22/2012-DGAD dated 19th December 2014]

ABS News Service/15.01.2015

 

5696

MAA (Methyl Acetoacetate) under Anti Dumping Lens on Complaint of Single Producer

Artificial Construction of Normal Value for both China and US Adopted

Anti-dumping Initiation Notification No. 14/7/2014-DGAD dated 7th January 2015

 

5697

DG Safeguard Drops Safeguard Duty on Polyol FSP in Final Finding

No Significant Injury to Manali Petrochem, Single Producer Noticed

G S R D-22011/4/2014 dated 13.01.2015

 

5698

Copper Crashes 19.3% Over Dec Average

Crude Fall Triggers Commodity Collapse

Bears Lead Attack on Metal Prices

ABS News Service/15.01.2015

 

5699

Yen is the New Safe Have, Rises to 117 per Dollar, Aussia Falls 0.9% to 81 cents

ABS News Service/15.01.2015

 

5700

World Bank Cuts Global Growth 0.4% to 3% in 2015

Falling Energy Price to Add 0.5% to World GDP

ABS News Service/15.01.2015

 

5701

Rupee Rises against Dollar, Euro

Falls Steeply against Swiss Franc

09-Cus(NT)/15.01.2015

 

5702

Tariff Value of Gold Rises $9; Silver $24; Palm Oil $33-36; Palmolein $39 and Crude Soya Bean Oil $51

10-Cus(NT)/15.01.2015

 

5703

Board Announces Four Procedural Shipping Simplifications from Customs Side

02-CBEC/15.01.2015

 

5704

RBI Issues New Format in OTC Market for Declaration for Utilisation of Past Performance Limits and Details of Export-Import Turnover

58-RBI/14.01.2015

 

5705

Srinagar (Tripura) LCS Notified for Indo-BDesh Border Haat

08-Cus(NT)/09.01.2015

 

5706

DG Safeguards Drops Safeguard Duty on Sodium di-chromate in Final Findings – No Significant Injury to Domestic Industry Noticed, Causal Links to Imports Absent, Consumer Interest Protected

Click here for Full text of Final Findings [F.No. D-22011/5/2014 dated 15th January 2015]

F.No. D-22011/5/2014 dated 15th January 2015

 

5707

SFR Ups 17.4% to Reach Rs. 72.15 for Import Valuation, Euro and SFR at almost Same Rate!

11-Cus(NT)/19.01.2015

 

5708

Excise Hike of Rs. 2 Each on Petrol and Diesel from 17 Jan 2015

03-CE/16.01.2015

 

5709

GSM and CDMA Mobile Handsets with Duplicate or Fake IMEI Import Prohibited

107-Ntfn(RE)/16.01.2015

 

5710

Travellers Allowed to Carry 25k in Rupees

Pak and Bangladesh Excluded

03-CBEC/16.01.2015

 

5711

Rough Marble Blocks Quota Allocation – Monthly Returns by Importers Must

DGFT Issues 472 Marble Quota Allottees List

12-TN/08.01.2015

 

5712

Amendments in FPS List – Cornmint Oil, Dementholised Peppermint Oil – Spelling Mistake Corrections

82-PN(RE)/15.01.2015

 

5713

India’s Imports Decline by 4.78%; Export 3.77% in Dec 2014

PIB (MoC&I) Press Release dated 15th January 2015

 

5714

Services Export Clock $12.473bn in Nov

PIB (MoC&I) Press Release dated 15th January 2015

 

5715

WTO DG says TFA will Cut Cost by 15%

PIB (MoC&I) Press Release dated 16th January 2015

 

5716

Re-export Permission Decentralised to Lower Level in Bonafide “Mistake” Cases

04-CBEC/20.01.2015

 

5717

Amendments in Jurisdiction of New Excise Principal Chief Commissioner, Principal Commissioner and Commissioner

01-CE(NT)/20.01.2015

 

5718

Swiss Franc Soars as Switzerland Abandons Euro Cap

ABS News Service/23.01.2015

 

5719

Swiss Says No Info on HSBC Accounts

ABS News Service/23.01.2015

 

5720

EU Allows Mango Import only through APEDA Certified Pack Houses

Ban Continues on Cucurbits and Brinjal

ABS News Service/23.01.2015

 

5721

Poland Rushes to Cut Swiss Franc Risk, Zloty Crashes 22%

ABS News Service/23.01.2015

 

5722

Gold Prices Top $1,300 an Ounce

ABS News Service/23.01.2015

 

5723

Yen Climbs as Abe Slackens Stimulus; Pound Drops

ABS News Service/23.01.2015

 

5724

Obama Puts Hope on Revival of Growth

ABS News Service/23.01.2015

 

5725

US Farm Support Rises to Proposed Doha Ceiling

ABS News Service/23.01.2015

 

5726

Chinese Government Abolishes Rare Earth Export Quotas

ABS News Service/23.01.2015

 

5727

EU Reopens Anti-Dumping Probe into Chinese-Made Solar Glass

ABS News Service/23.01.2015

 

5728

Oil Rises to $49 from Biggest Slide in Week as Volatility Rises

ABS News Service/23.01.2015

 

5729

Euro Falls by Rs. 3.75, Danish Kroner Loses 50 Paisa

13-Cus(NT)/27.01.2015

 

5730

Nepal Travellers Allowed to Carry Rs. 25K of High Denomination Currency of 500 and 1000 Notes

63-RBI/22.01.2015

 

5731

Remittance of Salary Allowed to Group Co in India

62-RBI/22.01.2015

 

5732

Depository Receipts Scheme 2014 Allows Security Transfer to Foreign Depositories

61-RBI/22.01.2015

 

5733

100% FDI Permitted for Construction Development under Automatic Route

60-RBI/22.01.2015

 

5734

Proprietary Firms Allowed Overseas Direct Investment

59-RBI/22.01.2015

 

5735

ECB Amendment Powers Delegated to Banks

64-RBI/23.01.2015

 

5736

Export Credit of US$22.50mn to Gambia

65-RBI/27.01.2015

 

5637

Export Credit of US$100mn to Nigeria for Three Power Sector Projects

66-RBI/27.01.2015

 

5638

Obama – Modi Joint Statement

ABS News Service/30.01.2015

 

5639

New India-U.S. Delhi Declaration of Friendship Emphasizes Defence, Climate Change and Rule Based Markets

ABS News Service/30.01.2015

 

5640

Commerce Ministry Sponsors Services Exhibit Over 40,000 sq.m in April as Showcase Event

ABS News Service/30.01.2015

 

5641

India to Appeal against Chicken Legs Panel Ruling

ABS News Service/30.01.2015

 

5642

US Insists on 100% Examination of Cargo for Arms and Nuclear Material

India to Foot Bill for Machines and Face Cancer Risk from Gamma and Ray Radiation

ABS News Service/30.01.2015

 

5643

40 Audit Commissioners with 8000 Staff in Place to “Nab” Companies Evading Service Tax

ABS News Service/30.01.2015

 

5644

Argentina Loses Local Sourcing Case again in WTO Appellate Forum

ABS News Service/30.01.2015

 

5645

Australia Woos India for Free Trade Deal, Energy in Forefront

ABS News Service/30.01.2015

 

5646

Greece under Left Rule, may Desert Euro Zone or Seek Debt Write Down

ABS News Service/30.01.2015

 

5647

Board Says No Anti-dumping Duty after Five Years of Notification Issue

·   Only Exception in Review Initiated before Notification Expiry

·   Field Formation Continue

05-CBEC/28.01.2015

 

5648

Branded Diesel Excise Duty Charged to 14% + Rs. 5/Ltr or Rs. 10.25 per Ltr, Whichever is Lower

04-CE/30.01.2015

 

5649

Rupee Gain 4.15 against SFR, Rs. 2.65 against Can$

16-Cus(NT)/30.01.2015

 

5650

CBEC Orders Summons Issue only as Last Resort

Senior Officers to be Called only if Directly Involved

CBEC Instruction/20.01.2015

 

5651

Tariff Value of Gold Rises $11; Silver $25

Tariff Value of Brass Scrap Falls $160/MTs; Palm Oil $22-24/MTs; Palmolein $15 and Crude Soya Bean Oil $30/MTs

15-Cus(NT)/30.01.2015

 

5652

Money Laundering Update

68-RBI/28.01.2015

 

5653

Cross Border Inward Remittance under Money Transfer Services Scheme (MTSS)

67-RBI/28.01.2015

 

5654

Online Filing of IEC from 1 Feb 2015 with Net Banking

·   Manual Option Remains Open

·   Decisions within Two Days Promised

83-PN(RE)/30.01.2015

 

5655

Check List for Online IEC Applications Process

17-Pol.Cir/30.01.2015

 

5656

Rupee Gains 3.35 against Aus$ and 3.20 against New Zealand$

17-Cus(NT)/03.02.2015

 

5657

The American Way of Getting Dirty Money Back from Swiss Banks – Lessons for India

ABS News Service/05.02.2015

 

5658

Franc Rise Fuels Unemployment and Recession on Switzerland

ABS News Service/05.02.2015

 

5659

Rajan Holds Rates with Eye on Budget After Unscheduled Cut

ABS News Service/05.02.2015

 

5660

Steel Export Price may Fall to $525, Imports Crash

ABS News Service/05.02.2015

 

5661

Wheat Prices Crash to $215 as France Enters Market

ABS News Service/05.02.2015

 

5662

Oil Rallies with Labour Trouble in US Refineries, Temporary Relief for OPEC, Russia

ABS News Service/05.02.2015

 

5663

Australia Cuts Interest Rate to Record 2.25%, Aussie Falls to New Low

ABS News Service/05.02.2015

 

5664

International Pact on Protecting Marine Biodiversity by 2018

ABS News Service/05.02.2015

 

5665

US Confirms Final Duties on China, Taiwan Solar Products

ABS News Service/05.02.2015

 

5666

South Africa, US Seek Solution on Poultry Row Ahead of AGOA Renewal

ABS News Service/05.02.2015

 

5667

Consumer Pack Edible Oil MEP Cut by $200 to $900/MT

108-Ntfn(RE)/06.02.2015

 

5668

Rupee Starts to Fall again Euro, Aus$, Rises against SFR

18-Cus(NT)/05.02.2015

 

5669

Board Declares 2015 as “Year of Taxpayer Services” on the Part of Department

D.O.F. No.296/51/2012-CX.9 dated 21st January 2015

 

5670

FIEO Pleads for Restoration of Interest Subvention, Export Refinance

ABS News Service/07.02.2015

 

5671

MEP of Rs. 500 per kg on Cardamoms Notified

109-Ntfn(RE)/06.02.2015

 

5672

Shark Fins Export Banned

110-Ntfn(RE)/06.02.2015

 

5673

Shark Fins Import Prohibited

111-Ntfn(RE)/06.02.2015

 

5674

Crude Crashes, NG, Coal, Metals, and Edible Oils Fall

Precious Metals, Urea Gains

World Bank

 

5675

Export Credit of US$62.95mn to Senegal

69-RBI/02.02.2015

 

5676

New Format for Electronic IEC (e-IEC) Notified

84-PN(RE)/10.02.2015

 

5677

Second Verification of First Time Importers in Mumbai Zone not Required

04-PN/06.02.2015

 

5678

Anti-dumping Duty on Sodium Nitrate from EU, China, Korea and Ukraine Extended by Five Years

03-ADD/10.02.2015

 

5679

24x7 Customs Clearance for Exports at Air Cargo Complex – Four Batches in Two Shift Operation

Same Day Clearance to Attract 20% Discount on Terminal Charges

Air Cargo Complex Trade Facilitation Notice

 

5680

Mumbai Customs Re-warehousing/Bonding Procedures for EOUs

02-PN/21.01.2015

 

5681

100% FDI in Automatic Route Medical Devices Permitted for Brownfield Cases also

Special Carve out in Pharma Policy Introduced

70-RBI/02.02.2015

 

5682

FII by Foreign Portfolio Investors – Minimum Residual Maturity of Three Years in Debt Market Required

71-RBI/03.02.2015

 

5683

FPI in Commercial Paper not Required

73-RBI/06.02.2015

 

5684

Investment in Govt Securities by FPIs Permitted

72-RBI/05.02.2015

 

5685

India Files Appeal against WTO Panel Ruling in Chicken Legs Case

Avian Flu and Chicken Legs from US are Related?

ABS News Service/12.02.2015

 

5686

HSBC Sheltered Cash Dictators and Arms Dealers

ABS News Service/12.02.2015

 

5687

Top 100 HSBC Account Holders in Secret Accounts in FEMA/Money Laundering Net

RBI to Take Action against HSBC India!

ABS News Service/12.02.2015

 

5688

Carbon Black from Korea Rep. under Anti-dumping Lens on Complaint of Two Domestic Producer

Anti-dumping Initiation Notification F.No.14/9/2014-DGAD dated 9th February 2015

 

5689

KYC Norms for Courier Clearance

·     Proof of Identity and Proof of Address Must

·     Addhar Card as One of the Valid Documents for Individuals Included

07-CBEC/12.02.2015

 

5690

Board Clarifications on Duty Drawback Rates Amendments

06-CBEC/11.02.2015

 

5691

Drawback Rates for Chapters 42, 43, 48, 57, 61, 62, 64, 73, 82, 84, 90 and 95 Amended

21-Cus(NT)/10.02.2015

 

5692

Drawback on Rice Allowed – Exclusion under Drawback Rule Customs, Central Excise Duties and Service Tax Rules, 1995 Removed

20-Cus(NT)/10.02.2015

 

5693

Tariff Value of Crude Soyabean Oil Crashes by $72; Brass Scrap $53; Palmolein $5; Crude Palm Oil $12; Gold $15; Silver $17

Areca Nuts Rises $97

22-Cus(NT)/13.02.2015

 

5694

IEC Application Fee Corrected to Rs. 250 from Rs. 500

85-PN(RE)/13.02.2015

 

5695

Anti-dumping Duty from $278 to $922 per tonne on Graphite Electrodes from China in Final Findings

04-ADD/13.02.2015

 

5696

More than Rupees Five Crores to be Adjudicated by ADG (Adjudication) at DGCEI

994-CBEC/10.02.2015

 

5697

Delegation of Power of Adjudicating Authority – Central Excise

02-CE(NT)/10.02.2015

 

5698

Delegation of Power of Adjudicating Authority – Service Tax

02-ST/10.02.2015

 

5699

Multiple Importer Exporter Code against Single PAN to be Deactivated from 1 April 2015

Exporters Exhorted to Retain Single IE Code before D Day

87-PN(RE)/17.02.2015

 

5700

Harmonised Code Corrections in VKGUY Products with One Year Retrospective Effect from Date of Mistake

86-PN(RE)/16.02.2015

 

5701

Urea Import under Urea Off-take Agreement between India and Oman-India Fertilizer Co. S.A.O.C

Ntfn 04/16.02.2015

 

5702

Exports Fall $3bn in Jan’15 over Jan’14

ABS News Service/16.02.2015

 

5703

Crude Leads Import Fall of 11.4% in Jan’15 over Jan’14, Diamond Falls, Intermediates Rise Substantially

ABS News Service/16.02.2015

 

5704

Commodities Exports Falls in Jan 2015

Iron Ore, Petro Products Crash

ABS News Service/16.02.2015

 

5705

FIEO Chief Says Exporters Uncertain on Future

FTP Delayed by Nearly One Year

ABS News Service/16.02.2015

 

5706

US Launches Open Challenge to China “Free Services” to Exporters at WTO

150 Clusters Across Seven Sectors under Attack

ABS News Service/19.02.2015

 

5707

G20 Fin Ministers Meet in Istanbul, Exchange Fluctuations, Stimulus and Fall in Oil Prices

ABS News Service/19.02.2015

 

5708

China Open External Borrowings, Copper Trade Financing Falls

ABS News Service/19.02.2015

 

5709

Rupee Falls to 62.80 from 62.45 for Customs Valuation on Imports w.e.f. 20 Feb 2015

25-Cus(NT)/19.02.2015

 

5710

Anti-dumping Duty on Acetone from Korea to Continue for Five More Years – Duty Raised to $79.75/MT in Review

05-ADD/18.02.2015

 

5711

Budget Officers Go Underground after Halwa Ceremony

PIB (MoF) Press Release dated 19th February 2015

 

5712

Potato Export Shifted to Free List, MEP Withdrawn

112-Ntfn(RE)/20.02.2015

 

5713

A-1 Form for Import Payments Dispensed, Remittances Allowed Freely Subject to Routine Checks

76-RBI/12.02.2015

 

5714

DRI Seizes Rs. 30 Crs Meow Meow Mephedrone

Drug Inserted in NDPS Act in Feb this Year

PIB (Mof) Press Release dated 22nd February 2015

 

5715

Guidelines on Gold Import

·   Star Trading Houses can Import Gold on DP Basis with Free Sale to all Persons

·   Banks Allowed to Import on Consignment

·   Gold Accepted as Collateral Basis

·   Gold Coins Import Allowed but No Retail Sale by Banks

79-RBI/18.02.2015

 

5716

Calicut Airport and Melapakkam Village ICD Notified for Export Promotion

Ntfn 05/20.02.2015

 

5717

Advance Payment against Export Orders under RBI Scan

74-RBI/09.02.2015

 

5718

Fresh FCY-INR Swaps Allowed after Expiry of Cancelled Swaps

78-RBI/13.02.2015

 

5719

FDI Reporting on e-Biz Platform

77-RBI/12.02.2015

 

5720

Export Credit of US$22.50mn to Gambia for Electrification Expansion Project

75-RBI/11.02.2015

 

5721

Bhogat Port for Crude Petroleum Coastal Trade Notified

24-Cus(NT)/16.02.2015

 

5722

Pipraun, District Madhubani (Bihar) LCS Notified for Indo-Bangladesh Border Haat

23-Cus(NT)/16.02.2015

 

5723

Budget 2015 – Tomorrows Headlines Today

ABS News Service/26.02.2015

 

5724

Budget Officers Go Underground after Halwa Ceremony

ABS News Service/26.02.2015

 

5725

US, Guatemala FTA Labour Dispute Advances

ABS News Service/26.02.2015

 

5726

OPEC Members Fight for Market Shares, Say No to Production Cuts

ABS News Service/26.02.2015

 

5727

WTO Gives Mixed Ruling in China Anti-dumping Duty on EU/Japan Stainless Steel Tubes

ABS News Service/26.02.2015

 

5728

Russia Taxes Grain Exports to Check Domestic Prices

ABS News Service/26.02.2015

 

5729

Abe Pushes Agricultural Reforms, TPP to Bolster Third Arrow of Reform Agenda

ABS News Service/26.02.2015

 

5730

Ukraine Currency Falls 11%, Exchange Control in Place

·   IMF Announces $17.5bn Bail Out

·  Country Going Bust with No Money in Sight

ABS News Service/26.02.2015

 

5731

WTO Appellate Body Begins Hearings on US Compliance in COOL Dispute

ABS News Service/26.02.2015

 

5732

Transaction and Compliance Costs to Rise with More Powers to Agencies to “Curb Black Money”

ABS News Service/26.02.2015

 

5733

Budget Money Laundering Amendment to Hit Customs Clearances

Deficient "False" Declarations on Documents under Sec 132 of Customs Act may Land Traders in Jail under PMLA!

ABS News Service/12.03.2015

 

5734

Institute of Diamond Grading Surat Notified for Certificate/Grading of Diamonds of 0.25 carats and above

113-Ntfn(RE)/02.03.2015

 

5735

Tyre Curing Presses from China – Anti-dumping Duty for One More Year in Review Proceedings

06-ADD/03.03.2015

 

5736

Rupee Steady for Customs Valuation on Imports w.e.f. 6 March 2015

28-Cus(NT)/05.03.2015

 

5737

Excise Arrears can be Paid in 36 Instalments

996-CBEC/28.02.2015

 

5738

Online Excise Registration within Two Days on PAN Card

997-CBEC/28.02.2015

 

5739

Board Orders Withdrawal of Court Proceedings if Local Adjudication Find Case without Merit

998-CBEC/28.02.2015

 

5740

Title Transfer is on LEO Stage in Direct Export Cases

Manufacturer Handing over Goods to Merchant is also Title Transfer Event

999-CBEC/28.02.2015

 

5741

Guidelines for Adjudicating more than Rupees Five Crores by ADG (Adjudication) at DGCEI

1000-CBEC/03.03.2015

 

5742

Excise Withdraws “Export” Status on Supplies in India to Duty Free SEZs and World Bank Projects

ABS News Service/13.03.2015

 

5743

LDC Group Led by Bangladesh for Extension to TRIPS Patent Exemption

Current Waiver to Expire on 1 Jan 2016

ABS News Service/13.03.2015

 

5744

EU takes Russia to WTO in Fourth Case

Alleges Violation of Bound Rates on Paper, Palm Oil and Refrigerators

ABS News Service/13.03.2015

 

5745

Precious Metals, NG, Metals, Urea and Edible Oils Fall

Crude Gains

ABS News Service/13.03.2015

 

5746

World Bank Suggests OPEC Cartel will Dissolve

ABS News Service/13.03.2015

 

5747

Libor Plus Ceiling at 350bps for ECB to Continue Till 31 March 2015

80-RBI/03.03.2015

 

5748

Ceiling on Libor Import Credits for Infrastructure to Continue Till 31 March 2015

81-RBI/03.03.2015

 

5749

Export Credit of US$34.54mn to Niger for Setting up of Solar Electrification and Solar Photovoltaic System

82-RBI/09.03.2015

 

5750

Anti-dumping Duty of $63/MT Imposed on Sheet Glass from China

Float Glass from Pak, Saudi and UAE Already on Hit List from Nov 2014

07-ADD/13.03.2015

 

5751

Safeguard Duty on Saturated Fatty Alcohols of 20%-18%-12% till Feb 2017 in Final Findings

01-SG/13.03.2015

 

5752

Kattupalli (Chennai 20) and APM Terminals, Pipavav Sea Ports Notified for Import of New Vehicles

117-Ntfn(RE)/13.03.2015

 

5753

Tariff Value Falls: Gold %18/10 gms; Silver $37/kg; Brass Scrap $13/MTs; Palmolein $8/MTs

Crude Palm Oil Rises $2/MT

30-Cus(NT)/13.03.2015

 

5754

Macau and Hong Kong Citizens Banned from Acquiring Property in India

83-RBI/11.03.2015

 

5755

Strict on Timely Disposal of Registration Applications

D. 0. F. No. 201/24/2013-CX.G dated 3 March 2015

 

5756

LDC Concessions According to New Rules of Origin Notification 29/2015-Cus(NT) dated 10 March 2015

Ntfn 12/10.03.2015

 

5757

Dept. of Revenue Issues New Rules of Origin Rules for LDCs

29-Cus(NT)/10.03.2015

 

5758

DGFT says only Three Documents Mandatory for Exports and Imports

114-Ntfn(RE)/12.03.2015

 

5759

List of Military Stores Require NOC from Dept. of Defence Production for Export Notified

115-Ntfn(RE)/13.03.2015

 

5760

40 More New Items Included in SCOMET List

116-Ntfn(RE)/13.03.2015

 

5761

List of MoU Signed between India and Mauritius

ABS News Service/18.03.2015

 

5762

Rupee Falls to Rs. 63 for Customs Valuation on Imports w.e.f 20 March 2015

32-Cus(NT)/19.03.2015

 

5763

Alloy Steel Bars and Rods Import Must follow BIS Standard

08-CBEC/24.03.2015

 

5764

Siddhartha Testing, Nepal Delisted as Preshipment Inspection Agency

88-PN(RE)/20.03.2015

 

5765

Agri-Infrastructure Incentive Scrip Half Yearly from October'2013 to March' 2014 – Deficiencies in Applications should be Rectified by 27 March

02-TN/02.03.2015

 

5766

High Court Quashes Moser Baer Anti-dumping Finding in Pen Drive Case

  DGAD Erred in Violating Natural Justice

  Revenue Holds Up Notification to Implement finding of DGAD on Court Order

ABS News Service/27.03.2015

 

5767

One Year after Due Date, Nirmala says Foreign Trade Policy 2014-19 will be Announced “Soon”

ABS News Service/27.03.2015

 

5768

Iran Nuclear Deal could Trigger Fresh Oil Price Crash

ABS News Service/27.03.2015

 

5769

China Rises to Third Largest Arms Exporter in the World

ABS News Service/27.03.2015

 

5770

India-EU April Summit Cancelled – FTA in Limbo Once Again

ABS News Service/27.03.2015

 

5771

Passing Off and Trademark Law

ABS News Service/27.03.2015

 

5772

Indonesia Challenges US 20% Anti-dumping Duty on Art Paper at WTO

ABS News Service/27.03.2015

 

5773

Tough Black Money Bill Imposes 120% Burden on Money Outside India

ABS News Service/28.03.2015

 

5774

Plain Cigarette Packaging in UK Soon

ABS News Service/28.03.2015

 

5775

China Eyes December Outcome for Asia Trade Deal

ABS News Service/28.03.2015

 

5776

African Tripartite FTA in June

ABS News Service/28.03.2015

 

5777

Japan’s Exports Rise More Than Forecast, Supporting Recovery

ABS News Service/28.03.2015

 

5778

Stat 5 and Stat 8 Returns to Discontinue from March 2015

85-RBI/18.03.2015

 

5779

Export Credit of US$198.96mn to Myanmar for Financing Irrigation Projects

86-RBI/23.03.2015

 

5780

Foreign Trade Policy 2015-2020 on April 1

ABS News Service/31.03.2015

 

5781

Indo-Japan CEPA Concessional Duty on 806 Items Slashed by 0.5%-9% - New Rate effective from 1 April 2015

Ntfn 13/30.03.2015

 

5782

Ludhiana Based SC Ralhan Takes Over from Leather Man Rafeeque Ahmed as FIEO Prez

ABS News Service/31.03.2015

 

5783

Foreign Trade Policy 2015-2020 Announced on 1 April

DINDEX Editor on CNBC-TV18 immediately after FTP Announcement

FTP is not “Old Wine in New Bottle” it is “Less Wine in New Bottle”. Scope FPS Curtailed in Guise of “Rationalisation”.

·      Highlights of the Foreign Trade Policy 2015-2020

·      Foreign Trade Policy Statement

·      Foreign Trade Policy [1st April, 2015 – 31st March, 2020]

·      Handbook of Procedures [1st April, 2015 – 31st March, 2020]

·      Appendices and Aayat Niryat Forms of Foreign Trade Policy 2015-2020 [1st April, 2015 – 31st March, 2020]

01-Ntfn(RE)/01.04.2015

01-PN(RE)/01.04.2015

 

5784

Merchandise Exports from India Scheme (MEIS)

02-PN(RE)/01.04.2015

 

5785

Zero Duty on Pulses and Chickpeas Import Extended Till 1 Oct 2015

Ntfn 15/31.03.2015

 

5786

Tariff Value Falls: Poppy Seeds $930/MTs; Brass Scrap $15/MTs; Palmolein $40/MTs; Palm Oil $30 to 38/MTs; Crude Soya Bean Oil $66/MTs

Gold and Silver Rises $10 per 10 gms and $31/Kg

34-Cus(NT)/31.03.2015

 

5787

Antiquities for Display in Private Museums Allowed at Zero Duty

“Antiquities Intended for Public Exhibition in a Museum or Art Gallery” replaces “Antiques intended for Public Exhibition in a Public Museum or National Institution”

Ntfn 14/31.03.2015

 

5788

Norwegian Kroner Exchange Rate of Rs. 8.05 for Customs Valuation on Imports w.e.f. 26 March 2015

33-Cus(NT)/25.03.2015

 

5789

Rupee Falls to Rs. 63.20 for Customs Valuation on Imports w.e.f 2 April 2015

35-Cus(NT)/01.04.2015

 

5790

RBI Withdraws Project Export Limit of US$20mn for Buyer’s Credit on Deferred Payment Terms and Turn Key Projects from India

93-RBI/01.04.2015

 

5791

Foreign Exchange Management (International Financial Services Centre) Regulations 2015

Regulations and Guidelines on IFSC

92-RBI/31.03.2015

 

5792

Revised Guidelines to Participation of Residents in the Exchange Traded Currency Derivatives (ETCD) Market

90-RBI/31.03.2015

 

5793

Foreign Portfolio Investors (FPIs) Limit Increased to US$15mn per Exchange in ETCD Market

91-RBI/31.03.2015

 

5794

Minister Sitharaman Releases FTP 2015-2020, Claims New Foreign Trade Policy will Double Export to $900 bn in 2020

Trade says New Policy is “Old Wine in New Bottle” or “Less Wine in New Bottle”, Its Mere Repackaging

ABS News Service/06.04.2015

 

5795

NEW FOREIGN TRADE POLICY (FTP) AIMS 900 BILLION EXPORTS BY 2020

A BANE OR BOOST?

ABS News Service/06.04.2015

 

5796

FSSAI/PQIS in JNPT and Delhi ICD to give Orders Online Clearance for Imports

Customs Discretion Goes?

09-CBEC/31.03.2015

 

5797

Digital Signature Compulsory for Customs Electronic Filing from 1 April

10-CBEC/31.03.2015

 

5798

Provisional Advance Payment for Interest on Export Obligation Default Allowed

11-CBEC/01.04.2015

 

5799

Customs Notification on 2015-2020 EPCG Zero Duty Scheme

Ntfn 16/01.04.2015

 

5800

Post Export 2015-2020 Zero Duty EPCG Duty Scrip Notified

Ntfn 17/01.04.2015

 

5801

Zero Excise Post Export 2015-2020 EPCG Duty Credit Scrip

18-CE/01.04.2015

 

5802

Status Holders Licences to be Separated from EPCG - Customs

Ntfn 23/01.04.2015

 

5803

Status Holders Licences to be Separated from EPCG – Excise

19-CE/01.04.2015

 

5804

Advance Authorization Scheme under Foreign Trade Policy 2015-2020

Ntfn 18/01.04.2015

 

5805

Duty Free Import Authorization under Foreign Trade Policy 2015-2020

Ntfn 19/01.04.2015

 

5806

Advance Authorization for Annual Requirement under Foreign Trade Policy 2015-2020

Ntfn 20/01.04.2015

 

5807

Advance Authorization for Deemed Export under Foreign Trade Policy 2015-2020

Ntfn 21/01.04.2015

 

5808

Import of Prohibited Goods for Export Production under Advance Authorization under Foreign Trade Policy 2015-2020

Ntfn 22/01.04.2015

 

5809

Two Horses Pull a Seven Horse Chariot, Only 2 Members Remain in CBEC

ABS News Service/08.04.2015

 

5810

Peru Appeals WTO Panel Ruling in Agricultural Duties Case

ABS News Service/08.04.2015

 

 

CUSTOMS NOTIFICATIONS ON NEW MEIS AND SEIS

 

 

5811

Merchandise Exports from India Scheme (MEIS) Customs Notification – Zero Duty

Notification No. 24 / 2015 – Customs dated 8 April 2015

 

5812

SEIS Zero Duty Scheme Customs Notification

Notification No. 25 / 2015 – Customs dated 8 April 2015

 

 

EXCISE NOTIFICATIONS ON NEW MEIS AND SEIS

 

 

5813

MEIS Scheme Zero Excise Duty

[Notification No. 20 / 2015 – Central Excise dated 8 April 2015

 

5814

SEIS Zero Duty Scheme Excise Notification

Notification No. 21/ 2015 – Central Excise dated 8 April 2015

 

 

SERVICE TAX NOTIFICATIONS ON NEW MEIS AND SEIS

 

 

5815

Service Tax on MEIS Exempted

Notification No. 10/ 2015 – Service Tax dated 8 April 2015

 

5816

Service Tax on SEIS Exempted

Notification No. 11 / 2015 – Service Tax dated 8 April 2015

 

5817

Zero Customs Duty for Airborne Early Warning and Control (AEW&C) Programme

Notification No. 26/2015-Customs dated 9 April 2014

 

 

(Previous entry, i.e., SNo. 31A on this subject lapsed on 5 October 2014)

 

 

5818

SAD Refund Claim Limited to One in a Month by Importers at Customs Station

Circular No. 12/2015-Customs dated 9 April 2015

 

5819

Anti-dumping Duty Imposed on PVC Paste Resin from Norway and Mexico for Five Years

Notification No. 10/2015-Customs (ADD) dated 7 April 2015

 

5820

Anti-dumping Duty on Flexible Slabstock Polyol from Australia, EU and Singapore

Notification No. 09/2015-Customs (ADD) dated 7 April 2015

 

5821

Coumarin Anti-dumping Duty Extended Till 22 March 2016 – Pending Review

Notification No. 08/2015-Customs (ADD) dated 7 April 2015

 

5822

49% FDI in Insurance Sector Permitted

A. P. (DIR Series) Circular No.94 dated 8 April, 2015

 

5823

Unloading and Loading of Goods at Khurja (Bulandshahr) ICD Notified

Notification No. 36/2015-Customs (N.T.) dated 7 April 2015

 

5824

New Pre Shipment Inspection for Metallic Waste Suspended Till Further Orders, DGFT Working on Practical System with Low Transaction Cost

Public Notice No.05/2015-20 dated 10 April 2015

 

5825

SEIS – List of Eligible Services and Rates Notified

Public Notice No. 3/2015-20 dated 1 April 2015

 

5826

Procedure for Implementation of Track and Trade System for Pharma Exports

Public Notice No. 4 /2015-2020 dated 1 April 2015

 

5827

MEP on Onions Cut to US$250/MTs from US$300/MTs

Notification No. 2 /2015-2020 dated 7 April 2015

 

5828

Commodity Prices Crashes in March

World Bank Pink Sheet

 

5829

Draft Circular on Procedure for Use of Digital Signature on Records and Invoices

Draft Circular dated 27 March 2015

 

5830

Final Anti-dumping Duty on Electrical Insulators of Glass or Ceramics from China on Complaint of Aditya Birla, BHEL, IEC, Modern and WSI

11-ADD/11.04.2015

 

5831

Anti-dumping Duty on DVD Extended by One More Year for Review under Sec 9A(5) of CTA, 1975 to 11 April 2016, Malaysia Excluded

12-ADD/11.04.2015

 

5832

DGFT Backtracks on New System of Pre-shipment Inspection of Metal Scrap, Old System to Continue “Till Further Orders”

ABS News Service/15.04.2015

 

5833

Sixty Three Commissioners Upgraded to Principal Commissioner in CBEC

ABS News Service/15.04.2015

 

5834

Modi goes Shopping in Paris, Picks up 36 Rafale Fighters for $200mn(?) each for Delivery in 2017(?)

·   Its Goodbye to Protracted 14 Years Tender Negotiations with ToT and $87mn Price for Fighter

·   Anil Ambani and Rafale Fighter Jt Venture Soon to “Make in India”

ABS News Service/15.04.2015

 

5835

Legalise Red Sanders Cultivation for Export Earnings

ABS News Service/15.04.2015

 

5836

Service Tax to Continue at Old Rate of 12.36 percent Till Finance Bill is Passed by Parliament and Converted to after Presidential Assent

183-ST/10.04.2015

 

5837

Tariff Value Falls: Poppy Seeds $215/MTs; Brass Scrap $11/MTs; Areca Nuts $16/MTs; Crude Soyabean Oil $8/MTs; Silver $19/kg

Tariff Value Rises: RBD Palm Oil, Crude Palmolein, RBD Palmolein $17/MTs; Crude Palm Oil $2/MTs; Gold $3/10 gms

37-Cus(NT)/15.04.2015

 

5838

Customs Clearance Facilitation Committee (CCFC) on Non Tariff Barriers for Each Seaport and Airports with Weekly Meets Announced

13-CBEC/13.04.2015

 

5839

Quota Sugar Export to EU and USA on Free List Subject to APEDA Control and Ceiling

03-Ntfn(RE)/20.04.2015

 

5840

DGFT Restores Payment through Demand Draft of Application Fee under Appendix 2K

06-PN(RE)/16.04.2015

 

5841

Rupee Rises by 25 paisa to 62.95 against Dollar for Customs Valuation on Imports w.e.f. 17 April 2015

38-Cus(NT)/16.04.2015

 

5842

Anti-dumping Duty on Acetone from Chinese Taipei and Saudi Arabia on Complaint of HOCL – Final Findings

Thai, Japan, EU, USA and Korea already in Hit List

13-ADD/16.04.2015

 

5843

Drawback Rates Reduced to 1.4% from 4% on Zinc Oxide, Drawback Cap Removed

40-Cus(NT)/16.04.2015

 

5844

Drawback Directorate Prunes List of Deemed Imported Goods in Export Products under Sec 75 of CTA 1975

39-Cus(NT)/16.04.2015

 

5845

Meetings Hours 3 to 5 PM at DGFT Headquarters for Non Officials/ Members of Trade

01-TN/20.04.2015

 

5846

Anti-dumping Duty on Phenol from Thailand and Japan Extended for One More Year upto 18 April 2016 for Review

14-ADD/17.04.2015

 

5847

CBEC Issues Circular on Interpretation of Foreign Trade Policy 2015-2020

14-CBEC/20.04.2015

 

5848

Indiabulls Replaced with RattanIndia in Mega Power Project List in Customs and Excise Notification

Ntfn 27/17.04.2015
22-CE/17.04.2015

 

5849

Egypt Launches Safeguard Investigation on White Sugar

ABS News Service/21.04.2015

 

5850

Indonesia, Russia, Nigeria and India on the Mat at WTO for TRIMs on Local Content Requirements

ABS News Service/21.04.2015

 

5851

Ashok Lahiri Committee for Reform of Trade and Industry on Tax Laws in Janpath Hotel Invites Suggestions

ABS News Service/21.04.2015

 

5852

Supreme Court Rules against Notional 1% Addition to Import Value for Loading

Government to Lose Rs. 750 crs Revenue?

Importers may File Claims for Past 1% Value Adds

ABS News Service/23.04.2015

 

5853

Exports in March Fall 21%, Year 2014-15 Ends in Negative Growth

ABS News Service/23.04.2015

 

5854

CBEC gets PM Award for IT Excellence

Annual 3bn Visits on Server

ABS News Service/23.04.2015

 

5855

Anti-dumping Duty on Barium Carbonate from China Extended for One More Year upto 22 March 2016 for Review

15-ADD/22.04.2015

 

5856

Anti-dumping Duty on Acetone from Japan and Thailand Extended for One More Year upto 8 April 2016

16-ADD/22.04.2015

 

5857

Non Agri Urea Import Freed from Canalisation

04-Ntfn(RE)/28.04.2015

 

5858

CBEC Clarifies that DTA to SEZ Supplies to Qualify for Excise Refunds under Export as Defined in SEZ Act, 2005

1001-CBEC/28.04.2015

 

5859

China Pushes AIIB, Jaitley Sets Aside Funds for Lackluster BRICS Bank

AIIB Shines but No Funds from India

ABS News Service/30.04.2015

 

5860

Import Licensing Meet at WTO – India on the Mat

ABS News Service/30.04.2015

 

5861

Thai Rubber Crashes after Rice

ABS News Service/30.04.2015

 

5862

WTO Launches Call for Proposals for 2015 Public Forum on “Trade Works”

ABS News Service/30.04.2015

 

5863

China Hits at EU on Poultry Preferences to Brazil and Thailand

ABS News Service/30.04.2015

 

5864

WTO Welcomes Seychelles as its 161st Member

ABS News Service/30.04.2015

 

5865

Banks Must Pay Rs. 9,654 for Virtual Private Network (VPN) Accounts in e-Biz Portal to National Informatics Centre Services Inc. (NICSI)

95-RBI/17.04.2015

 

5866

Budget 2015-16 Reply to Lok Sabha by FM Jaitley – Changes in Customs, Excise and Service Tax Announced

D.O.F.No. 334/5/2015-TRU dated 30 April 2015

 

5867

Defence Production for Army, Air Force and Navy under Excise Net, CVD and SAD Exemption on Parts, Capital Goods and Main Equipment Withdrawn, CENVAT is Main Instrument Set Off

But CVD and SAD exemption for full equipment import by Government continues. (Its now cheaper to “Buy in India”. The end of “Make in India” with a 17.39% duty differential between the two streams! – Ed.)

Ntfn 29/30.04.2015

 

5868

Excise Duty Exemption to Ordnance Factories Withdrawn

23-CE/30.04.2015

 

5869

Customs Duty on Raw, Refined, White Sugar and Natural Rubber Increased

·   Colemanite, Other Boron Ores and Raw Silk (not thrown) Reduced

·   Digital Still Image Video Cameras (DSC) and their Parts Exempted

Ntfn 28/30.04.2015

 

5870

Parts of Computers CVD Exemption only for Manufacture

24-CE/30.04.2015

 

5871

Education Cess will also Apply to DTA Clearances of Excisable Goods from 100% EOU

26-CE/30.04.2015;
27-CE/30.04.2015

 

5872

Export Duty on Iron Ore Fines Reduced to 10%

Ntfn 30/30.04.2015

 

5873

Jarda Scented Tobacco Divided into Two Ranges

25-CE/30.04.2015;
13-CE(NT)/30.04.2015

 

5874

Education Cess on Goods and Services Received in Current Year

12-CE(NT)/30.04.2015

 

5875

Service Tax on Life Insurance

12-ST/30.04.2015

 

5876

Euro Rises by Rs. 4 to Reach Rs. 71.45 for Customs Valuation on Imports w.e.f. 1 May 2015

41-Cus(NT)/30.04.2015

 

5877

Tariff Value Falls: Crude and RBD Palmolein $22/MTs; RBD Palm Oil $23/MTs; Crude Palm Oil $8/MTs

Tariff Value Rises: Crude Soyabean Oil $26/MTs; Gold and Silver $5/10 gms and $13/kg

42-Cus(NT)/30.04.2015

 

5878

Merchanting Trade Movement thru Indian to Nepal and Bhutan Allowed

97-RBI/30.04.2015

 

5879

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 85.4813 w.e.f. 16 April 2015

96-RBI/30.04.2015

 

5880

Raw Sugar Import under Duty Free Import Authorisation (DFIA) Not Allowed

05-Ntfn(RE)/01.05.2015

 

5881

10,000 MTs White Sugar Export to EU under CXL Quota upto 30 Sept 2015

8424 MTs Raw Sugar Export to USA under TRQ upto 30 Sept 2015

09-PN(RE)/01.05.2015

 

5882

Raw Sugar Export Obligation Period Reduced to Six Months under Advance Authorisation

08-PN(RE)/01.05.2015

 

5883

Value Limit of Border Trade with China thru Nathula Raised to Rs. 2 lakh, Gunji and Namgaya Shipkila is Rs. 1 lakh

07-PN(RE)/01.05.2015

 

5884

Cenvatable Invoice by Importer/Manufacturer, Commercial Invoice by Dealer in Transit Sale Cases – CBEC Clarifies

1003-CBEC/05.05.2015

 

5885

Board Orders Fast Clearance of Nepal Relief Goods, Chief Commissioner to Open Special Windows

CBEC Instruction F.No. 201/03/2015-CX.6 dated 30th April 2015

 

5886

NAB Transaction Certificate from 1 June for Organic Products Export

10-PN(RE)/05.05.2015

 

5887

Anti-dumping Duty on Polytetrafluoroethylene (PTFE) from Russia Extended Till 2 May 2016 in Review

17-ADD/01.05.2015

 

5888

Swiss Franc Exchange Rate of Rs. 68.95 for Customs Valuation on Imports w.e.f. 6 May 2015

43-Cus(NT)/05.05.2015

 

5889

India to Sign Chabahar Port Deal with Iran, Ignoring U.S. Warning against Haste

ABS News Service/07.05.2015

 

5890

Turkey Launches Safeguard Investigation on Porcelain and Ceramic Tableware, Kitchenware

ABS News Service/07.05.2015

 

5891

Azevêdo launches 10th WTO Ministerial Conference Logo

ABS News Service/07.05.2015

 

5892

China to End Rare Earths Export Tax

ABS News Service/07.05.2015

 

5893

GST Bill

·   Tax Rate on Revenue Neutral Rate

·   1% Tax on Interstate Commerce for 2 Years by Central Government

·   Compensation to States

·  Petroleum Products not in GST

ABS News Service/07.05.2015

 

5894

Rupee Falls by Rs. 1.4 to 64.35 against Dollar for Customs Valuation on Imports w.e.f. 8 May 2015

44-Cus(NT)/07.05.2015

 

5895

Govt Gives More Time to Complete Modalities for Red Sanders Export Quota upto 30 April 2016

06-Ntfn(RE)/06.05.2015

 

5896

DGFT Prescribes Time Limit for Export of Value Added Products of Red Sanders Wood Quota of 1998.5917 MTs for AP Govt upto 30 April 2016

11-PN(RE)/06.05.2015

 

5897

Incentives given to Exports Sector is less than 1% of Total Exports, FIEO Reports

FIEO Press Release dated 7 May 2015

 

5898

Text of the Statement Made by the Finance Minister in Rajya Sabha Relating to MAT on FIIS

PIB (MoF) Press Release dated 8th May 2015

 

5899

Rupee Crashes on Fear of Fed Interest Rate Hike

ABS News Service/08.05.2015

 

5900

LNG and NG Import by GAIL for Power Generation Exempted for Two Years

Ntfn 31/07.05.2015

 

5901

Grains, Edible Oils and Urea Prices Crash in April

Crude, Metals, Gold and Platinum Gains

World Bank

 

5902

DGAD Initiates Dumping Investigation on Fibre Board from Indonesia and Vietnam on Complaint of Greenply and Mangalam Timber of New Delhi

·      China, Malaysia, New Zealand, Thai and Sri Lanka are already in the Net

·     Complainants Allege that MDF Prices in Indonesia and Malaysia, the World’s Largest Producers, not Available, Designated Authority Accepts Plea!

Anti-dumping Initiation Notification F. No. 14/23/2014-DGAD dated 7th May 2015

 

5903

Removal Goods for Repairs, Testing etc. from SEZ to DTA Allowed on Self Attestation Basis

SEZ Instruction No. 84 dated 16th April 2015

 

5904

Transformer Oil Classification under 2710

Ntfn 32/08.05.2015

 

5905

PM Modi on Six Day – Five City East Asia Whirlwind Tour

ABS News Service/14.05.2015

 

5906

INFORMATION TECHNOLOGY AGREEMENT

Swift Conclusion to ITA 2 Negotiations Urged at WTO

ABS News Service/14.05.2015

 

5907

Brazil Questions US Corn, Soya Subsidy

ABS News Service/14.05.2015

 

5908

Dinesh Kumar Elected as New EPCH Chairman

ABS News Service/14.05.2015

 

5909

Korea’s Export Engine Slips into Reverse

Won Rises against Euro, Yen Saps Competitiveness

ABS News Service/14.05.2015

 

5910

China Exports Fall in April Unexpectedly Contract, Import Slide Worsens

More Stimulus Seen

ABS News Service/14.05.2015

 

5911

Rupee Crashes below 64 to the Dollar, Heading for 66?

ABS News Service/14.05.2015

 

5912

EU, ASEAN in Trade Talk

ABS News Service/14.05.2015

 

5913

Metal Scrap Pre Shipment in New Policy with Photo Proof of Inspection Restored

·   DGFT Opens Door to Global Inspection for Competitive Sourcing

·   Last Date of Application 8 June for Renewal of Old Approvals or Fresh Applications

·   Bank Guarantee of Rs. 10 Lakhs to Check Frauds and Abuses

·   Email Reporting to DGFT

12-PN(RE)/18.05.2015

 

5914

SDF Form Goes on Shipping Bills for Both Goods and Services

Two Line Declaration on Forex Realization in Stipulated Period is Adequate

15-CBEC/18.05.2015

 

5915
5916

SDF Declaration Not Required under Shipping Bill (Electronic Declaration) Regulations, 2011

46-Cus(NT)/18.05.2015
101-RBI/14.05.2015

 

5917

USA Out of Morpholine Anti-dumping Net in Mid Term Review, China and EU Continue on Hit List

18-ADD/18.05.2015

 

5918

Simplified Customs Transit Document (CTD) without Cargo Examination or Bond with Nepal Government or Donor Agency Authorisation for Relief Goods to Nepal

16-CBEC/19.05.2015

 

5919

Export Credit of US$1bn to Nepal for Infrastructure Development Projects

100-RBI/14.05.2015

 

5920

Tariff Value Rises: Gold $5/10 gms; Silver $30/kg; Brass Scrap $88/MTs; Crude Soyabean Oil $6/MTs; Palmolein $14/MTs; RBD Palm Oil $11/MTs

45-Cus(NT)/15.05.2015

 

5921

Account Holder Not Required for Closure of FCNR(B) Deposits

Form A2 is only for Buying Forex and Not for Remittance of Forex

98-RBI/14.05.2015

 

5922

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 88.3042 w.e.f. 30 April 2015

99-RBI/14.05.2015

 

5923

Corrigendum to Central Excise Ntfn 26 and 27 both Dated 30 April 2015

Corrigendum dated 8th May 2015

 

5924

Joint Statement between the India and China during Modi visit to China on 15 May

ABS News Service/21.05.2015

 

5925

India - Republic of Korea Joint Statement for Special Strategic Partnership on 18 May 2015

ABS News Service/21.05.2015

 

5926

Joint Statement for India-Mongolia Strategic Partnership on 17 May

ABS News Service/21.05.2015

 

5927

Dollar Exports Dip Again by 14% in April; Import Decline 7.48%

Rupee Fall may Arrest Declining Trend

ABS News Service/21.05.2015

 

5928

Stiff $3 Plus Anti-dumping Duty on USB Flash Drives from China and Taiwan Notified, Department Gets Past High Court Order Dismissing DGAD Finding

22-ADD/22.05.2015

 

5929

Anti-dumping Duty of $367.59/MT Imposed on Sodium Citrate from China for Five Years

19-ADD/20.05.2015

 

5930

Rupee Rises by Five Paise to Rs. 64.30 against Dollar for Customs Valuation on Imports w.e.f. 22 May 2015

47-Cus(NT)/21.05.2015

 

5931

High Speed Diesel and Light Diesel Oil Import Allowed Free for Ship Breaking

07-Ntfn(RE)/20.05.2015

 

5932

Service Charges of 14% Effective from 1 June

14-ST/19.05.2015

 

5933

Pentaerythritol from Russia Hit with $474/MT of Anti-dumping Duty for Five Years

20-ADD/22.05.2015

 

5934

Additional Duty of Excise Exemption on Carbonate Drinks and Water Omitted

29-CE/22.05.2015

 

5935

Bar Coding Track and Trace in Pharma Exports Optional Till 1 Oct

Bar Coding Compulsory only on Outside Tertiary Packing

13-PN(RE)/22.05.2015

 

5936

Rupee Transaction Limit in Vostro Account of Exchange House Raised to Rs. 15 Lakh

102-RBI/21.05.2015

 

5937

Rupee Swap with Overseas Bank Permitted in ECB

103-RBI/21.05.2015

 

5938

Nhava Sheva Customs Commissioner Implements Supreme Court Order in SRF Case

·   Imported Goods Deemed Domestic for CVD Calculations

·   Excise Notifications with CENVAT Non Availment Condition for Excise Exemption to Apply on Imported Goods

·   Revenue Moves Supreme Court Vacation Bench for Review of SRF Case DB Judgement

ABS News Service/28.05.2015

 

5939

Another Five Years of Anti-dumping Duty on Alloy Wheel from China, Korea and Thailand

21-ADD/22.05.2015

 

5940

Ram Tirath Appointed as DG Safeguards

48-Cus(NT)/25.05.2015

 

5941

Bharat Diamond Bourse Mumbai Notified for Rough Diamond Import, Trading and Re-export w.e.f. 1 July 2015

17-CBEC/26.05.2015

 

5942

Application Forms for SFIS for NFE Earnings in 2014-15 Notified

14-PN(RE)/25.05.2015

 

5943

Sub Saharan gets Another 10 Years for Duty Access to US Market

ABS News Service/28.05.2015

 

5944

Finally, Najib Shah in Excise and Customs Board after One Year Wait

Modi Govt Fills CBEC to Full Strength with Five New Entrants

ABS News Service/28.05.2015

 

5945

Enactment of Finance Act 2015, 14% Service Tax Effective from 1 June 2015

Imposition of Swachh Bharat Cess “in Due Course”

ABS News Service/01.06.2015

 

5946

Online IEC Profile Updation by 15 June 2015

02-TN/26.05.2015

 

5947

Tariff Value of Gold and Silver Falls by $13/10 gms and $23/kg Respectively

Brass Scrap Tariff Value Up by $109/MT; Crude Soyabean Oil $31/MT; Crude Palm Oil $7/MT and Palmolein $6/MTs

49-Cus(NT)/29.05.2015

 

5948

Final Anti-dumping Duty on PTA from Korea and Thailand

China and EU Removed from Anti-dumping Net in Final Finding

Duty Raised on Taekwang Korea to $23.61/MT from $19.05/MT and Indorama Thai to $45.43/MT from $27.49/MT

23-ADD/27.05.2015

 

5949

EOUs under General Scheme – Amendments in Customs Notification

Ntfn 34/25.05.2015

 

5950

EOUs under General Scheme – Amendments in Excise Notification

30-CE/25.05.2015

 

5951

Talcher STPP Replaced with Talcher TPP Stage III Orissa in Mega Power Project List in Customs and Excise Notification

Ntfn 35/28.05.2015

31-CE/28.05.2015

 

5952

DoR Incorporates Foreign Trade Policy 2015-2020 Changes in Customs Notifications

Ntfn 33/15.05.2015

 

5953

DoR Incorporates Foreign Trade Policy 2015-2020 Changes in Excise Notifications

28-CE/15.05.2015

 

5954

Export Credit of US$100mn to Mali for Financing Power Transmission Project

104-RBI/28.05.2015

 

5955

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 77.6331180 w.e.f. 6 May 2015

105-RBI/28.05.2015

 

5956

Anti-dumping Duty of $1.22 per piece Imposed on Electronic Calculators from China on Complaint of Ajanta Ltd

Casio Exempted

24-ADD/29.05.2015

 

5957

Anti-Dumping Duty on PVC Paste Resin from European Union under Review, Impost Extended Till 24 June 2016

Korea, Taiwan, China, Malaysia, Thai and Russia Also Extended Till 25 July 2016

25 and 26-ADD/01.06.2015

 

5958

Anti-dumping Duty on Acrylic Fibre from Korea ($270/MT) and Thailand ($493/MT) Extended for Five More Years in Review

27-ADD/01.06.2015

 

5959

Investment Remittance Ceiling Raised to $250,000 from $125,000

RBI Notifies New Guidelines under LRS

106-RBI/01.06.2015

 

5960

Only Online EPCG Applications from 1 July

Form ANF 5A for CA Certificate to go Online

03-TN/01.06.2015

 

5961

SWIFT Says Yuan Now Most-Used in Asia for Payments to China

ABS News Service/04.06.2015

 

5962

Yuan at Fair Value, No Undervaluation to Promote Exports

ABS News Service/04.06.2015

 

5963

WHO to Review of “Counterfeit” Medicines Mechanism in 2017

ABS News Service/04.06.2015

 

5964

Minimum Import Price (MIP) on Areca Nuts Raised

ABS News Service/04.06.2015

 

5965

US Senate Approves Fast Track Authority for OK to TPP

ABS News Service/04.06.2015

 

5966

Korea Slaps Restrictions on Japanese Food after Radiation Accident

ABS News Service/04.06.2015

 

5967

Last Date for PSIA Approval in New System Extended to 18 June

19-PN(RE)/05.06.2015

 

5968

Rupee Rises by 45 paise to Rs. 64.75 against Dollar for Customs Valuation on Imports w.e.f. 5 June 2015

52-Cus(NT)/04.06.2015

 

5969

Stainless Steel Coils and Plates from China, Malaysia slapped with Final Dumping Duty of $309/MT and $316/Mt, Korea Hit with $180/MT

28-ADD/05.06.2015

 

5970

Export Houses Limited to Only Rs. 10 lakh Export without FC Realisation

09-Ntfn(RE)/04.06.2015
18-PN(RE)/04.06.2015

 

5971

LR, RR and Postal Receipt Recognized as Transport Documents Equivalent by DGFT

·   No Incentives for Traded Goods in Hard Currency under para 2.46

·   DGFT Clarifies Capital Goods Import can be paid against Reward Scrip

·   No Reward Scrip for Restricted Items Export

·   MEIS to prevail in case of conflict between MEIS List and Other Lists

·   Services Export to SEZ to get SEIS Benefit

·   Restricted Export Obligation period for Sensitive Inputs under Advance Authorization as per Appendix 4-J

·   Service Consumer of Other Countries in India Eligible for Service Supply from India

08-Ntfn(RE)/04.06.2015

 

5972

Manual System in EDI for Export Houses Status to Continue till 30 Sept 2015

17-PN(RE)/04.06.2015

 

5973

Reward Scrip Issue in Three Working Days!

16-PN(RE)/04.06.2015

 

5974

Supari Minimum Price Hiked to Rs. 162/kg from Rs. 110/kg

10-Ntfn(RE)/08.06.2015

 

5975

Preferential Treatment for Status Holders – e-Applications of Advance Authorisation in 1-2 Working Days Promised

04-TN/08.06.2015

 

5976

Service Tax on Restaurant Services Specified at 5.6% after 40% Abatement on 14% ST

Service Tax only in AC Restaurants

184-ST/03.06.2015

 

5977

Kamalasagar (Tripura) LCS in Indo-BDesh Border Haat Notified for Zero Duty Local Produce Import

Ntfn 36/04.06.2015
15-PN(RE)/03.06.2015
50-Cus(NT)/03.06.2015

 

5978

Zero Excise Allowed on Ethanol Produced from Molasses to Oil Companies for Blending with Petrol

32-CE/04.06.2015

 

5979

Exchange Rates for Customs Valuation w.e.f. 22 May 2015 – Notification Rescinds

51-Cus(NT)/04.06.2015

 

5980

Common Adjudication Authority in DRI Cases

18-CBEC/09.06.2015

 

5981

Excise Exemption to Aluminium Roofing Panels Manufacturers

17-CE(NT)/08.06.2015

 

5982

Grains, Edible Oils and Urea Crash in May

Crude, Metals and Rubber Gain; Gold and Silver Steady

World Bank

 

5983

Vitamin E from China – Dumping Duty Slashed to $1.77/kg from $25.54/kg in Final Findings

29-ADD/10.06.2015

 

5984

Fast Track Scheme for EOUs for Import

19-CBEC/09.06.2015

 

5985

Clubbing of Authorization Facility – Amendments in Handbook of Procedures Para 4.38

20-PN(RE)/09.06.2015

 

5986

Zero Duty on Anti-Retroviral Drugs (ARV Drugs) and Diagnostic Eqpts Import Till 1 April 2016

Ntfn 37/10.06.2015

 

5987

Zero Excise on Anti-Retroviral Drugs (ARV Drugs) and Diagnostic Eqpts Import Till 1 April 2016

33-CE/10.06.2015

 

5988

Working Capital for Civil Aviation Sector will Continue Till 31 March 2016 under ECB

109-RBI-11.06.2015

 

5989

ECB for Low Cost Affordable Housing Projects

108-RBI-11.06.2015

 

5990

RBI Permits NRIs to Subscribe Chit Funds without Limit under Chit Fund Act

107-RBI-11.06.2015

 

5991

DGFT Reiterates Shipment Date is Crucial Date for Transition Arrangements in Case Policy Change

02-Pol.Cir/12.06.2015

 

5992

DGFT Clarifies that Services Supply to SEZ is not Eligible to Reward Scheme Benefits

01-Pol.Cir/11.06.2015

 

5993

DGFT Permits Diamond SNZ as per CBEC Procedure

11-Ntfn(RE)/15.06.2015

 

5994

Anti-dumping Duty on Nylon Tyre Cord from China Continues for Five More Years, Review of Past Duty Shows Continued Dumping

30-ADD/12.06.2015

 

5995

Tariff Value of Silver Falls by $25/Kg; Brass Scrap $65/MTs

Crude Palm Oil Tariff Value Up by $23/MTs; Palm Oil $14-18/MTs; Palmolein $19/MTs; Crude Soyabean Oil $11/MTs; Areca Nut $4/MTs

61-Cus(NT)/15.06.2015

 

5996

Export Crash 20% in May, Imports Fall 16.52%

ABS News Service/16.06.2015

 

5997

Amendments in MEIS Notification

MEIS to Prevail in Case of Conflict between MEIS List and other Lists

Ntfn 38/15.06.2015

 

5998

India Loses Appeal in WTO in Poultry Ban Case

·   US Allegation of “Arbitrary and Unjust” Discrimination Upheld

·   OIE Used as Support to Establish Discrimination in India

ABS News Service/18.06.2015

 

5999

Thailand and Sierra Leone Join Kyoto Convention on Trade Facilitation,  101 Countries are In

ABS News Service/18.06.2015

 

6000

Customs Duty on Most Steel Raised by 2.5%; 5% Items go to 7.5%, 7.5% up to 10%

Semi Finished Steel, Bars and Rods, CR and HR Coils of Carbon Steel and Stainless Steel Affected

Ntfn 39/16.06.2015

 

6001

DGFT Releases Online ANF 3A, No Physical Docs Necessary for MEIS Claim

05-TN/16.06.2015

 

6002

Addl DGFT Mumbai Constitutes Ten Member Committee for Disputes between Buyers and Sellers

01-TN/01.06.2015

 

6003

GST Committees Formed for Drafting Law Impact Assessment

ABS News Service/18.06.2015

 

6004

Rupee Down by 20 Paise to Rs. 64.55 against Dollar for Customs Valuation on Imports w.e.f. 19 June 2015

63-Cus(NT)/18.06.2015

 

6005

Singapore’s Export Decline, Signs of Global Slowdown?

ABS News Service/19.06.2015

 

6006

WCO 2015 Council Meets, New Office Bearers Elected

India Loses to Brazil in Contest for Directors Post

ABS News Service/19.06.2015

 

6007

Amendments Effective from 1 January 2017

HS Nomenclature 2017 Edition

ABS News Service/19.06.2015

 

6008

Customs Disallows Free of Cost Export above Rs. 25k through Courier

MEIS Exports in B to C Channel upto Rs. 25k Allowed through Courier

62-Cus(NT)/17.06.2015

 

6009

DGAD Initiates Investigation on PTA from China, Iran, Indonesia, Malaysia and Taiwan on Complaint of RIL and MCC PTA India

·   Indonesia, Malaysia and Taiwan Return to Hit List after Sunset of Previous Impost on Them

·   Iran New Entrant in Appeal List

·   Second Action on Same Item on Same Country (China)

·   Medium Quality Terephthalic Acid and Qualified Terephthalic Acid already subjected to provisional duty from 25 July 2014

·   No Domestic Price of PTA available in Iran, Malaysia and Taiwan!

·   Normal Value Constructed Artificial

Initiation Notification No.14/8/2015-DGAD dated 18 June 2015

 

6010

DGFT Notifies New Format for PSIA Bank Guarantee

21-PN(RE)/23.06.2015

 

6011

WCO Adopts HS2017 New Classification to replace HS2012 from 1st January 2017

·   Non-Alcoholic Beer gets New Code 2202.91 and 2202.99

·   Multi-component ICs (MCO) Recognized Separately under Heading 8542

·   New Codes for Strategic Trade Items for Food Security, Chemical Weapons

·   New Deal for Electric Vehicles under Heading 8702 and 8703

ABS News Service/26.06.2015

 

6012

Interpol, WCO Link Up with Pharma to Crackdown on “Illicit” Medicines

·   Pharma Producers in Third World and Consumers Affected

·   International Intra Government Bodies Sing to the Tune of MNCs

·   UN Principles of National Sovereignty Violated

ABS News Service/26.06.2015

 

6013

China Imports Fall, Asia Exporters Struggle

ABS News Service/26.06.2015

 

6014

Kazakhstan at Last Stage in WTO Membership

ABS News Service/26.06.2015

 

6015

Botswana Ratifies Trade Facilitation Agreement

ABS News Service/26.06.2015

 

6016

Agri Export Subsidies Fall

China Requests Waiver of 8.5% Domestic Subsidy Limit

ABS News Service/26.06.2015

 

6017

Work Allocation of New CBEC Members Released

Najib Shah, Chairman in Waiting gets Budget, Neerja Shah Excise, Ashok Kaushal Customs, Krishnan Service Tax, Vanaja Sarna Personnel and Ram Tirath Law and Judicial

ABS News Service/26.06.2015

 

6018

India Extends Ban on Milk and Milk Products from China for One More Year

12-Ntfn(RE)/24.06.2015

 

6019

Golf Gloves made of Knitted/Woven Fabrics SION Notified

22-PN(RE)/23.06.2015

 

6020

DGFT Launches Mobile App and Revamped Website

06-TN/29.06.2015

 

6021

MEP on Onions Raised to $425/MTs from $250/MTs

13-Ntfn(RE)/26.06.2015

 

6022

Banks Allowed to Borrow FC from International Institutions for General Banking Business without RBI Ok

112-RBI/25.06.2015

 

6023

Export Credit of $100mn to Vietnam for Financing Supply of High Speed Patrol Vessel

111-Ntfn(RE)/18.06.2015

 

6024

RBI Issues Format for eXtensible Business Reporting Language (XBRL) System to Replace Manual BEF

110-RBI/18.06.2015

 

6025

DGFT Opens Second Window without Photo of Inspector for Shredded Scrap to Pass Thru Radiation Scanners Installed in Nine India Ports

·   New Procedure for Unshredded Scrap with Inspector Photo to Apply from 1 July

·   PSIC for Shredded Scrap under App 2H-1 Notified

23-PN(RE)/30.06.2015

 

6026

Al Qaida Trade Prohibited under UNSC Resolution

14-Ntfn(RE)/30.06.2015

 

6027

Tariff Value of Brass Scrap Falls by $59/MTs; Crude Palm Oil and Palmolein $18/MTs; RBD Palm Oil $8/MTs; Other Palm Oil $37/MTs; Crude Soya Bean Oil $37/MTs

Gold and Silver Down by $3

65-Cus(NT)/30.06.2015

 

6028

Greece Misses $1.7 Billion IMF Payment, Joins Zimbabwe, Sudan and Cuba in Defaulters Club

ABS News Service/02.07.2015

 

6029

Fifth Global Review of Aid For Trade

ABS News Service/02.07.2015

 

6030

New WCO Guide to Customs Valuation and Transfer Pricing

ABS News Service/02.07.2015

 

6031

China, Japan Anti-dumping FANs Push WTO for Transparency, Due Process, but US, India, Turkey Reluctant

ABS News Service/02.07.2015

 

6032

G-20 Members Implementing Fewer Trade Restrictions, WTO Says

ABS News Service/02.07.2015

 

6033

WTO Members Try to Break Farm Subsidy Logjam

ABS News Service/02.07.2015

 

6034

DGFT Enlarges Pre-Shipment Inspection Agencies (PSIA) for Metallic Waste

Liberalised Policy to Reduce Transaction Cost

24-PN(RE)/02.07.2015

 

6035

Rupee Gains against All Currencies for Customs Valuation w.e.f. 3 July 2015

66-Cus(NT)/02.07.2015

 

6036

Export Declaration Form Formality not Required for Re-export of Unsold Rough Diamonds from Special Notified Zone without Entering DTA

01-RBI/02.07.2015

 

6037

FIEO Meets FM on Declining Export Issue, Pleads for Interest Subsidy and Faster Incentive Disbursal

ABS News Service/06.07.2015

 

6038

Digital Signature in Excise and Service Tax and Verification thru Pop up Menu

CBEC Instruction/06.07.2015
18-CE(NT)/06.07.2015

 

6039

Three More Agencies Enlisted for Issuing Certificate of Origin (Non Preferential)

25-PN(RE)/06.07.2015

 

6040

FDI Prohibitions Applies only to Manufacturing Tobacco Products and not Wholesale Cash and Carry, Retail Trading which is Covered by Respective Sectoral Policy

02-RBI/03.07.2015

 

6041

Manual Scrutiny of Service Tax Returns – Key Guidelines

185-ST/30.06.2015

 

6042

Additional Quantity of 2095 MTs Sugar Export Quota to USA thru APEDA Released

26-PN(RE)/07.07.2015

 

6043

India Takes 18% in $100bn BRICS Forex Pool, China Chips in 41%

ABS News Service/09.07.2015

 

6044

Observers India and Pakistan to Join the Shanghai Cooperation Organization, Iran too in the Waiting

Central Asia to Join North Asia and South Asia?

ABS News Service/09.07.2015

 

6045

BRICS in Identity Crisis with Four Languages between Five Nations

ABS News Service/09.07.2015

 

6046

24 Nations Services Trade (TISA) Secret Negotiations Shows TNC Interest Dominating Civil Society

ABS News Service/09.07.2015

 

6047

Russian, Chinese Leaders Use SCO and BRICS Summits to Talk Projects

ABS News Service/09.07.2015

 

6048

Obama Signs Trade Promotion Authority for 3+3 years, TPP Stars Rise

ABS News Service/09.07.2015

 

6049

WTO Strikes Down Ukraine Safeguhttp://worldtradescanner.com/ards on Japanese Cars

ABS News Service/09.07.2015

 

6050

Measuring Tapes from China – Dumping Duty Reduced on Steel Tapes to $2.83/kg and Fibre Glass to $1.33/kg in Review (Previous $4.19 and $4.10 Respectively)

31-ADD/09.07.2015

 

6051

DGAD Initiates Investigation on CR and HR Seamless Steel Tubes from China on Complaint of ISMT, Mah Seamless, Jindal and BHEL

Normal Duty Constructed Artificially

Anti-dumping Initiation Notification F.No.14/2/2015-DGAD dated 8th July 2015

 

6052

Online Payment Facility for DGFT Application Fees through Credit/ Debit Cards

ABS News Service/09.07.2015

 

6053

Modi at BRICS Business Council

PIB (PMO) Press Release dated 9th July 2015

 

6054

Anti-dumping Duty on Phenol from South Africa Raised to $342.76/MT in Review

32-ADD/10.07.2015

 

6055

Anti-dumping Duty on Glass Fibre from China Extended Till 13 July 2016 for Review

33-ADD/13.07.2015

 

6056

Crude, Metals, Grains, Precious Metals Crash in June

World Bank

 

6057

US Swings Deal with Iran to Bring Oil Major in Global Mainstream

Shia Power to Check on Sunni ISIS

This is Probably going to go Down in History as One of the Biggest Diplomatic Successes of the Century

ABS News Service/16.07.2015

 

6058

Pakistan (and India) also Win from Iran Deal as Gas Pipeline Gets New Life

ABS News Service/16.07.2015

 

6059

Iran’s Nuclear Deal Means and the Global Crude Oil Market

ABS News Service/16.07.2015

 

6060

India and USA Signs Inter Governmental Agreement (IGA) to Implement the Foreign Account Tax Compliance Act (FATCA) to Promote Transparency on Tax Matters

ABS News Service/16.07.2015

 

6061

President Rouhani: Mission Accomplished

ABS News Service/16.07.2015

 

6062

CBEC Moves to Protect Domestic Manufacturing against Import in Differential Duty Regime

Three Notifications Released on 17 July to Over Ride March 2015 Supreme Court Ruling in SRF Case

34, 35, 36-CE/17.07.2015

 

6063

MEIS of 5% on Handicrafts Restored

2% MEIS for Japan, Sri Lanka and Bangladesh Introduced

Handicraft Exporters Body given Powers to Classify Export Goods

27-PN(RE)/14.07.2015

 

6064

Bangladesh and Sri Lanka - 118 MEIS Rates Raised to 2% from 0

28-PN(RE)/15.07.2015

 

6065

Rupee Gains against All Currencies for Customs Valuation in 16 July 2015 Notification

68-Cus(NT)/16.07.2015

 

6066

Exports Slide Continues, Down 15.8% in June; Imports to Fall by 13.4%

ABS News Service/18.07.2015

 

6067

CSIR Claims Victory in Nutmeg Mouthwash Bottle with Colgate Palmolive with Help from TK Database

PIB (MoS&T) Press Release dated 16th July 2015

 

6068

Tariff Value of Brass Scrap Falls by $45/MTs; Poppy Seeds $689/MTs; Crude Palm Oil $12/MTs; Crude Soya Bean Oil $21/MTs; RBD Palm Oil $8-10/MTs; Palmolein $3/MTs

Gold and Silver Down by $6/10 gms and $18/kg Respectively

67-Cus(NT)/15.07.2015

 

6069

Export Factoring Services with Recourse Basis Allowed

05-RBI/16.07.2015

 

6070

RBI Says No to FPI Investment in Short Term Security Deposits of <3 years

06-RBI/16.07.2015

 

6071

5% Cap on Employees Stock Options to Non Residents Removed, FDI Policy to Provide Caps Norms

04-RBI/16.07.2015

 

6072

CBEC Protects Differential Duty Regime- Against Imports, For Domestic Manufacturing

  Three Notifications Released on 17 July to Over Ride March 2015 Supreme Court Ruling in SRF Case

  Zero duty Inputs Eligible for Duty Paid Clause, Dhiren Chemicals Judgement Overruled

37 to 39-CE/21.07.2015;

1005-CBEC/21.07.2015

 

6073

Diamond Certification and Grading Procedure for Import and Re-export with Duty Exemption Notified

Ntfn 40/21.07.2015

 

6074

Narcotics Commissioner Gwalior NOC Required for 22 Items

15-Ntfn(RE)/21.07.2015

 

6075

Service Tax Scrutiny Must for Max 5% of Returns in Each Commissionerate

1004-CBEC/21.07.2015

 

6076

Minister says IPR Policy to Fully Protect Patents, GIs and Copyrights

Micromax Gets 1.25th Million International Trademark

ABS News Service/23.07.2015

 

6077

TISA Moves Forward, Byepassing WTO

ABS News Service/23.07.2015

 

6078

U.A.E. Removes Fuel Subsidy

ABS News Service/23.07.2015

 

6079

Bailout Reforms Put Heavy Pressure on Greece’s Shipping Industry

ABS News Service/23.07.2015

 

6080

CFL in CKD/SKD Condition from China – Duty Slashed to $0.302 per pc after Review

Sri Lanka and Vietnam Out of the Net

34-ADD/28.07.2015

 

6081

DGFT Allows Exports of Sawn Timber Made from Imported Logs to Nepal through Raxaul Border

16-Ntfn(RE)/28.07.2015

 

6082

Tariff Value of Gold Down by $22/10 gms

69-Cus(NT)/23.07.2015

 

6083

IT Agreement II Signed by 22 Majors (China, Taiwan, Japan, Thai, MY, SG, EU, US)

·   27 Other Signatories of ITA I (India, Indonesia, Russia, Egypt) not on Board

·   New ITA not to Cover Consumer Goods

·   Telecomm Broadened, Instruments and Multi Components ICs in, Wider Coverage for Monitors

·   Implementation by End of 2015, Final Zero Duty by End 2018

ABS News Service/31.07.2015

 

6084

Russian Gas Wants Access to EU Market

ABS News Service/31.07.2015

 

6085

China Stock Market Crash – Individual Investors, Margin Investors

ABS News Service/31.07.2015

 

6086

Yuan Falls in Hong Kong, Volatility Rises

ABS News Service/31.07.2015

 

6087

Russia Seeks $117bn in HK as Sanctions Hit Bond Issue

ABS News Service/31.07.2015

 

6088

Zero Duty Exemption on Anti Tuberculosis Drugs, Diagnostic and Eqpt Import Extended upto 1 April 2016

Ntfn 41/30.07.2015

 

6089

Zero Excise Exemption on Anti Tuberculosis Drugs, Diagnostic and Eqpt Import Extended upto 1 April 2016

40-CE/30.07.2015

 

6090

Chief Executive Officers of PSUs can also Issue Duty Exemption Certificate for Import of Aircraft, Aircraft Parts

Ntfn 42/30.07.2015

 

6091

No Relief on Anti-dumping Review on Foshan Dihai Trading in Ceramic Glazed Tiles Case – Final Duty in 2009 Notification to Apply with Retrospective Effect

35 and 36-ADD/31.07.2015

 

6092

Tariff Value of Silver Down by $21/kg; Brass Scrap $104/MTs; Crude Palm Oil $15/MTs; Palmolein $13/MTs; Soyabean Oil $26/MTs

72-Cus(NT)/31.07.2015

 

6093

DGAD Initiates Investigation on Measuring Tapes from Chinese Taipei, Malaysia, Thailand  and Vietnam on Complaint of FMI Ludhiana

14/21/2014-DGAD dated 27.07.2015

 

6094

DG Shipping Registration Not Required for Import of Capital Goods and Raw Materials for Repairs of Ocean-going Vessels by a Ship Repair Unit

Ntfn 43/04.08.2015

 

6095

Energy Derivatives Bubble Near Bursting

ABS News Service/08.08.2015

 

6096

Oil Crash Wipes Out $1.3tn in Value

ABS News Service/08.08.2015

 

6097

Cotton Yarn Returns to US as Chinese Labour Rises

ABS News Service/08.08.2015

 

6098

US Restores GSP to India with Retrospective Effect from 1 Aug'13

ABS News Service/08.08.2015

 

6099

Guatemala Scores Over Peru in Agriculture Duties Case

ABS News Service/08.08.2015

 

6100

India Builds Destroyers to Match the 62 Subs of China, US Boosts Efforts

ABS News Service/08.08.2015

 

6101

Korea Ship Builders Lose to China as Oil Crashes

ABS News Service/08.08.2015

 

6102

Russia Defends Rouble, Cuts Purchases of FC

ABS News Service/08.08.2015

 

6103

US Loses to Argentina on Beef Ban at WTO, Lifts Ban

OIE Grants Zero FMD Status to Argentina

ABS News Service/08.08.2015

 

6104

Kazakhstan Approved, Liberia Moves Towards WTO Membership

ABS News Service/08.08.2015

 

6105

Old Procedure without EDI to Continue for Chapter 3 Reward Scrips for Claims under 2009-2014 Policy

1 July 2015 Deadline Shift to EDI in All Cases Dropped

29-PN/04.08.2015

 

6106

Rupee Down by 25 paise to Rs. 64.35 against Dollar for Customs Valuation on Imports w.e.f 7 August 2015

Notification No.73/2015 - Customs (N.T.) dated 6 August 2015

 

6107

Anti-dumping Duty on Viscose Staple Fibre Excluding Bamboo Fibre from China and Indonesia Extended Till 25 July 2016 for Review

Notification No. 37/2015-Customs (ADD) dated 6th August, 2015

 

6108

Vitamin C Anti-dumping Duty Slashed to $3.74 per kg in Review

Notification No. 38/2015-Customs (ADD) dated 6 August 2015

 

6109

Rice Bran Oil Export in Bulk Permitted

Ceiling (10,000MT) on Export of Organic Edible Oil Removed – Contract Registration with APEDA Required

Notification No 17 /2015-20 Dated 6 August, 2015

 

6110

Export Credit of $18.08mn to Chad for Financing Veterinary Pharmaceutical manufacturing Plant

A.P. (DIR Series) Circular No.7 dated 6 August 2015

 

6111

Customs Duty on Wheat Raised to 10% from Nil Till 1 April 2016

World Wheat Prices Down to $207 per tonnes (Rs. 12.60 per kg)

Ntfn 44/07.08.2015

 

6112

Crude, Metals, Grains, Precious Metals Prices Crash Continues in July

Gas, World Sugar and Cotton Steady

World Bank

 

6113

China Devalues Yuan by 1.9%, Forex Market in Turmoil as Stocks Fall

Rupee Expected to Fall

ABS News Service/13.08.2015

 

6114

India Drops EU FTA for the Time Being

ABS News Service/13.08.2015

 

6115

Lights Off in Digital India as Environment Ministry Bans Import of Electrical and Electronics Machinery in Second Hand Condition

ABS News Service/13.08.2015

 

6116

PET Scrap Import Banned

ABS News Service/13.08.2015

 

6117

Top Management Attested Documents Must for Filing Anti-dumping Petitions

DGAD Trade Notice No. 02 dated 3rd August 2015

 

6118

Winners and Losers from China’s Yuan Devaluation

ABS News Service/13.08.2015

 

6119

Excise Intelligence Cracks Down on Service Tax Evasion by Insurance Companies, False Sale Invoices to Detect IRDA and Service Tax Evasion Found

ABS News Service/13.08.2015

 

6120

Customs Duty on Steel Raised Again by 2.5%

7.5% Items go to 10%; 10% is now 12.5%

Ntfn 45/12.08.2015

 

6121

Anti-dumping Duty on Flax Fabric from China and Hong Kong Slashed to 75 cents per Metre in Review Findings

Only Fabric with >50% Flax Covered

39-ADD/12.08.2015

 

6122

Potassium Carbonate from Taiwan Anti-dumping Duty Raised to $153/MT

·   EU and China Dropped

·   No Change for Korea

40-ADD/12.08.2015

 

6123

DoR Notifies Anti-dumping Duty on Pigment Red (DPP Red 254) from China and Switzerland

41-ADD/17.08.2015

 

6124

July Exports Fall Again by 10.3%, Imports Fall 10.28%

ABS News Service/18.08.2015

 

6125

Tariff Value of Gold Up by $9 per 10 gms; Silver $22/kg; Areca nut $184/MTs; Poppy Seeds $275/MTs

Down: Crude Palm Oil $42/MTs; RBD and Other Palm Oil $32 & 37/MTs; Palmolein $41/MTs; Brass Scrap $48/MTs

75-Cus(NT)/14.08.2015

 

6126

Export Credit of $6.20mn to Myanma Foreign Trade Bank

08-RBI/13.08.2015

 

6127

Joint Statement between the United Arab Emirates and India

PIB (PMO) Press Release dated 17th August 2015

 

6128

Free Baggage Limit Raised to 45k from 35K

·   25K Indian Currency Allowed

·   Fewer Duty Free Cigarettes, Flat Panel TV to be Declared

76-Cus(NT)/18.08.2015

 

6129

Caustic Soda from China and Korea – Anti-dumping Duty Cut in Review

42-ADD/18.08.2015

 

6130

Anti-dumping Duty Notification on Flexible Slabstock Polyol from China, Korea and Taiwan Rescinded

44-ADD/18.08.2015

 

6131

PVC Flex Films from China Anti-dumping Extended Till 29 July 2016 in Review

43-ADD/18.08.2015

 

6132

Umroli (Mah) Port Notified for Bauxite Ore Export Loading

74-Cus(NT)/11.08.2015

 

6133

Yuan Falls 2.9 percent, Reserves Take a $40 Billion Hit

ABS News Service/20.08.2015

 

6134

OPEC’s ‘Fragile Five’ Face Rising Cost in the Fight for Oil Market Share

ABS News Service/20.08.2015

 

6135

Rupee Recovers, Export Fall Slows

ABS News Service/20.08.2015

 

6136

U.S. Wins at WTO Compliance Panel on China Duties on Steel

ABS News Service/20.08.2015

 

6137

Rupee Falls to Rs. 65.75 against Dollar for Customs Valuation on Imports w.e.f 21 August 2015, Euro Now 73.45

81-Cus(NT)/20.08.2015

 

6138

MEP on Onions Including Bangalore Rose Hiked by 66% to $700/MT or Rs. 42 per kg from $425/MT

18-Ntfn/24.08.2015

 

6139

Anti-dumping Duty on Phosphoric Acid from Korea Slashed by $59.12 per MT in Review Findings, New ADD $162.52 per MT

45-ADD/24.08.2015

 

6140

Rupee Falls by Rs. 4.15 against Euro for Customs Valuation on Import w.e.f. 26 August 2015

82-Cus(NT)/25.08.2015

 

6141

AEO to get Five Year Recognition Certificates now with Annual Review

21-CBEC/19.08.2015

 

6142

e-Biz Platform for Filing Foreign Currency Transfer of Shares (FCTRS) Returns under FDI Scheme

09-RBI/21.08.2015

 

6143

DGFT Clarifies Procedure for Filing Applications under MEIS and SEIS by SEZs and EOUs Units

30-PN(RE)/26.08.2015

 

6144

Textile Reprocessing under EOU Scheme Not Allowed

31-PN(RE)/26.08.2015

 

6145

Revenue Secretary Hasmukh Adhia takes over from Das

ABS News Service/03.09.2015

 

6146

CBDT Announces 15 Lakh Reward to Informants for Tax Recovery

Instruction No.7/2015 [F.NO.385/21/2015-IT(B)], Dated 26-8-2015

 

6147

Chairman CBEC Assures No Hold Ups of Drawback to Exporters

ABS News Service/03.09.2015

 

6148

Putin’s Got a New Problem with China

ABS News Service/03.09.2015

 

6149

Xiaomi Considers Introducing Laptop to Compete With Apple

ABS News Service/03.09.2015

 

6150

Oil Hits $40, Petrol Prices Fall to Rs. 61 in Delhi

ABS News Service/03.09.2015

 

6151

New Directorate for Tax Payer Services in CBEC, DG Inspection Renamed as Directorate of Performance Management

Order No. 02/Ad.IV/2015 dated 17 August 2015

 

6152

DG Safeguards Examines Steel for Action

ABS News Service/03.09.2015

 

6153

Niger, First LDC to Ratify the Trade Facilitation Agreement

ABS News Service/03.09.2015

 

6154

Apple Loses German Top Court Case on Swipe-to-Unlock Patent

ABS News Service/03.09.2015

 

6155

First Swiss Recession in Six Years

ABS News Service/03.09.2015

 

6156

Tariff Value Up: Gold $6/10 gms; Poppy Seeds $276/MT; Crude Soyabean Oil $4/MT

Down: Silver $28/kg; Brass Scrap $157/MT; Crude Palm Oil $60/MT; RBD Palm Oil $53/MT; Palmolein $33/MT

83-Cus(NT)/31.08.2015

 

6157

Anti-dumping Duty on NBR from Korea Slashed to $85/MT from $362.75/MT in Review

46-ADD/04.09.2015

 

6158

Rupee Falls to Rs. 66.85 against Dollar for Imports w.e.f 4 Sept 2015, Euro at Rs. 73.35

84-Cus(NT)/03.09.2015

 

6159

Azo Dyes Testing Exempted for EU, China, Serbia, Poland and Denmark

19-Ntfn/04.09.2015
32-PN/04.09.2015

 

6160

CBEC Clamps Down on Delays, No Multiple Queries Please

22-CBEC/03.09.2015

 

6161

Financial Transfers from Third Party Exporter must for Past EPCG Licences

03-Pol.Cir/02.09.2015

 

6162

Crude, Metals, Palm Oil, Grains, Precious Metals Prices Fall Continues in August

World Bank

 

6163

Dipped Belting Fabrics Conveyor Duck SION Notifies

33-PN/04.09.2015

 

6164

Kathuwas and Mandhan Village (Raj) ICDs Notified for Unloading and Loading Goods

85-Cus(NT)/04.09.2015

 

6165

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 81.3268160 w.e.f. 27 Aug 2015

10-RBI/03.09.2015

 

6166

HR Coils of 600 mm plus under Safeguard Duty Lens, 10% to 15% Protection on the Anvil

·   SAIL, Essar and JSW Complain of Sudden Rise in Imports

·   Safeguard Action Severe, All Imports Regardless of Source will be Hit

·   Downstream Users in Machinery and Construction Affected, Exports will Suffer

·   Fall in Profit of Domestic Industry only in Last Three Months

·   Recent Protection with Hike of Duty to 12.5% from 7.5% is not Enough, Claims Industry

·   Small Steel Plant Affected by Price Crash but Complaint by Large Companies

Safeguard Initiation Notice F.No. D-22011/26/2015/Pt-I dated 7th September 2015

 

6167

Anti-dumping Duty on Float Glass from China Raised by $85/MT in Review

Indonesia Out of Net

47-ADD/08.09.2015

 

6168

Sugar Exports – Registration of Quantity with DGFT Not Required, APEDA Registration Continue

20-Ntfn/07.09.2015

 

6169

Vinay Chhabra Appointed DG Safeguards

91-Cus(NT)/07.09.2015

 

6170

Anup Wadhawan Takes Over as New DGFT from Pravir Kumar

ABS News Service/10.09.2015

 

6171

Vietnam Launches Safeguard Investigation on Monosodium Glutamate

ABS News Service/10.09.2015

 

6172

Safeguard Duty of 20% on HR Coils of 600 mm plus Slapped for 200 Days Provisionally

New DG Issues 8 Pages Order within Two Days of Application!

DG Safeguard Notification GSRD- 22011/26/2015 dated 9th September 2015

 

6173

Border Haat on India-Bangladesh at Srinagar, Tripura and Tarapur Kasba – Free Trade upto $100 per Transaction within 5 km Allowed

34-PN/09.09.2015

 

6174

DoR Notifies Provisional Safeguard Duty of 20% on HR Coils of 600 mm plus based on 2 Day “Express” Finding of Safeguard Directorate

02-SG/14.09.2015

 

6175

RBI Allows Suppliers Credit for Capital Goods Import upto 5 Years, 3 Years for Raw Material

13-RBI/10.09.2015

 

6176

Apple Imports only through Nhava Sheva Port

21-Ntfn/14.09.2015

 

6177

Modification in e-IEC as well as Physical IECs will now be carried out Online only at a Fee of Rs. 200 thru Net Banking – Effective from 21 Sept 2015

36-PN/14.09.2015

 

6178

STC Listed for Gold Import as Nominated Agency

Duty Free Natural Rubber in AA must be Exported within Six Months of Import – Retrospective Amendment from 1 April 2015

35-PN/11.09.2015

 

6179

EEFC Statements to RBI from ADs Dropped

11-RBI/10.09.2015

 

6180

RBI Simplifies Guidelines for Opening New Branches by Money Changers

12-RBI/10.09.2015

 

6181

August Exports Crash 21%; Imports Fall 10%

ABS News Service/17.09.2015

 

6182

DGFT Online Certificate Program in Export Import Business

First Session Begins from First Week of Oct

Certified Exporter in 20 Days for Rs. 25k

05-TN/10.09.2015

 

6183

Tariff Value of Gold Down by $10 per 10 gms; Brass Scrap $53/MTs; Crude Palm Oil $24/MTs; Palmolein $27/MTs; Crude Soya bean Oil $8/MTs

92-Cus(NT)/15.09.2015

 

6184

Germany Hosts Migrants Looking for Refugee from War

  Economies to Gain from Cheap Migrant Labour

  War Implements Free Movement of Labour

  WTO should Recognize the Migrant Movements to Protect Labour Rights under ILO

  Germany is expecting 800,000 refugees this year- the most of any country in Europe

ABS News Service/17.09.2015

 

6185

How Low Can Oil Go? Goldman Says $20 a Barrel Is a Possibility

ABS News Service/17.09.2015

 

6186

U.S. Dollar is Gaining Like It’s the 1980s – For Better or Worse

ABS News Service/17.09.2015

 

6187

Vegetable Oils Import Duty Hiked by 5%

·   7.5% goes up to 12.5%

·   15% Rises to 20%

Bunker Fuel Exemption Procedure for Indian Flag Vessels between Coastal Ports Rationilised

Gorakhpur – Haryana, Kudankulam Nuclear Power Projects Notified for Duty Exemption

Ntfn 46/17.09.2015

 

6188

Rupee Falls to Rs. 67.05 against Dollar for Import w.e.f. 18 Sept 2015, Euro at Rs. 76.10

93-Cus(NT)/17.09.2015

 

6189

Bunker Fuel Excise Exemption Procedure for Indian Flag Vessels between Coastal Ports Rationalised

41-CE/17.09.2015

 

6190

Export Credit of $26.24mn to Nicaragua for Building of Carlos Fonseca Substation

14-RBI/16.09.2015

 

6191

Commerce Says Bye Bye to ATA Carnet for Exhibitions but Customs Yet to Amend Condition of ITPO Approval in Ntfn 3/89

Bond Condition under Ntfn 157/90 Remains

37-PN/21.09.2015

 

6192

HDPE Removed from Duty Free List for Optical Fibre Cables

Ntfn 47/22.09.2015

 

6193

Chief Commissioner can Adjudicate Orders of Principal Commissioner

94-Cus(NT)/18.09.2015

 

6194

Xi Jinping in US, China on the Defensive

ABS News Service/24.09.2015

 

6195

PM Modi’s US Visit Stage: $2.5-bn Attack Chopper Deal and Kerry-Sushma Dialogue

ABS News Service/24.09.2015

 

6196

Permanent UNSC Seat: Global Policing Burden for India’s Men and Materials

ABS News Service/24.09.2015

 

6197

Dollar Is Overvalued?

ABS News Service/24.09.2015

 

6198

China in SAARC Threatens India’s Dominance

ABS News Service/24.09.2015

 

6199

Denmark Needs Immigration to Boost 1.5% Growth Rate

ABS News Service/24.09.2015

 

6200

EU Wants TRIPS Waiver Forever on Pharma Products for LDCs

ABS News Service/24.09.2015

 

6201

Kavita Gupta Addl DGFT Mumbai Moves to Textile Commissioner Mumbai for Two Years

ABS News Service/24.09.2015

 

6202

Euro 500mn Farmer Aid Package in EU

ABS News Service/24.09.2015

 

6203

European Commission Draft on Investment Court

ABS News Service/24.09.2015

 

6204

Commodity Stocks Fall, Govt Bonds Rally With Yen

ABS News Service/24.09.2015

 

6205

South Africa Allows US Chicken in Special Deal

ABS News Service/24.09.2015

 

6206

Kurds cannot Sell Oil in U.S.

ABS News Service/24.09.2015

 

6207

ChAFTA (China – Australia FTA) Undoes Abbott

ABS News Service/24.09.2015

 

6208

Russia’s Plan to Crack Tor Crumbles

ABS News Service/24.09.2015