Bizsol Update wishes all its readers a Happy and Prosperous New Year! The world has seen a number of wars. But none is as confusing as the Ukrainian war that is about to complete one year. For many a man in the world this war is more mysterious and confusing than any other, in living …
Hindustan Unilever Ltd., (HUL for short) while announcing the quarterly results recently also announced an increase in the royalty payments to its UK based parent company. During the press conference the company also informed that HUL has decided to pay an increase in royalty to its parent company from 2.65% to 3.45% till 2025 in …
RBI: RBI has extended the deadline for renewal of bank locker agreement from 01/01/2023 to 31/12/2023 in phased manner. [RBI/2022-23/168 CO.CEPD.PRS.No.S1233/13-01-018/2022-2023 dated 23/01/2023]
DGFT: Various issues have been addressed through the circular related to the Paper Import Monitoring System (PIMS) which requires registration for import of products under Chapter 48 of Schedule – I (Import Policy). [Policy Circular No 45/2015-20 dated 23/01/2023]
DGFT: Fertilizer Marketing Entities (FMEs), authorized by the Department of Fertilizers, have been allowed to file Bill of Entries at Indian ports for import of Urea (for agriculture purpose) on Government Account. [Notification No 54/2015-20 dated 24/01/2023]
DGFT DGFT has provided One-time relaxation from maintaining Average Export Obligation and option to avail extension in Export Obligation Period for specified EPCG authorizations is provided on account of COVID-19 pandemic, subject to fulfilment of certain conditions. This is in addition to EO extensions facility (upon payment of the composition fees) already provided in FTP/HBP. …
Bizsolindia is inviting you to the webinar on Budget 2023-24. Date: Feb 1, 2023 Time: 4.30 PM Please click here for Registration
Bizsol Update for the month January 2023 Article on ChatGPT – WHAT THE HELL IS IT? by CS Venkat R. Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. Changes in GST, FTP, Central Excise, Customs, Income Tax, Service Tax, MVAT, Company law, FEMA/ RBI , SEZ. Important due dates for the statutory payments for the month. Important …
It had to happen someday. And it has. The all-knowing Google needed a wakeup call, possibly. It just happened and how. Arguably, one of the most talked about disruptions has happened ironically in the backyard of the Guru of the knowledge world – the Google. Next time you find the need to write a simple …
DGFT : Electronic filing and Issuance of Preferential Certificate of Origin (CoO) under India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) w.e.f. 29th December 2022 [Trade Notice No. 23/2022-23 dated 22nd Dec 2022]
SEBI : SEBI had issued directions to Stock Exchanges having Commodity Derivatives Segment in respect of suspension of trading in derivative contracts in the commodities till 20 Dec 2023. [Press Release No. 38/2022 dated 20th Dec 2022]
DGFT : DGFT hereby amends Appendix 2B of the FTP for including the list of agencies authorised to issue Preferential Certificate of Origin (CoO) for India’s exports under India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA). [Public Notice No. 44/2015-20 Dated the 22nd of December, 2022]
Customs : Customs notify Agreement or Arrangement on Cooperation and Mutual Administrative Assistance (CMAA) in Customs Matter of India and with Japan & Republic of Philippines. [Notification No. 111/2022 – Customs (N.T.) | dated 20th December, 2022]
Customs : Anti-Dumping duty on Stainless-Steel Seamless Tubes and Pipes originating in or exported from China PR for a period of 5 years in pursuance of fresh final findings issued by DGTR. [Notification No. 31/2022-Customs (ADD) | Dated: 20th December, 2022]
Customs: Customs notified Customs Tariff (Determination of Origin of Goods under IndAus ECTA) Rules, 2022 [Notification No. 112/2022-Customs (N.T.), Dated: 22.12.2022 ]
SEBI NSE issued clarifications with respect Scheme(s) of Arrangement by entities who have listed their Non-convertible Debt securities (NCDs)/ Non-convertible Redeemable Preference shares (NCRPS)’. [NSE/CML/2022/59 Date: December 19, 2022]
DGFT: DGFT Guidelines for import of Pet Animals. [Trade Notice No. 22/2022-23 Dated: 19th December 2022]
SEBI: In order to help investors in assessing the performance of a Portfolio Manager, SEBI review Performance Benchmarking and Reporting of Performance by Portfolio Managers [Circular No. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 | Dated: December 16, 2022]
SEBI: SEBI clarified on applicability of SEBI circular on Principles of Financial Market Infrastructures (PFMIs) to AMC Repo Clearing Limited. [Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2022/174 – Dated: December 16, 2022]
SEBI: RBI issued framework for Orderly Winding Down of Critical Operations and Services of a Clearing Corporation. [Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2022/173 | Dated: December 16, 2022]
