DGFT: DGFT extends Foreign Trade Policy and HandBook of Procedures 2015-2020 from 31.3.22 to 30th September, 22 (Notification 64/2015-2020 dated 31st March 22)
Income Tax: CBDT extends date for application for registration or approval of trust in Form 10AB to 30th September, 22 (Income tax Circular 8/2022 dated 31.3.22)
ROC: MCA extends audit trail dated to 1st April 2023 and CSR-2 to 31st May 2022 (Not. Dated 31.3.22)
Income Tax: President gives assent to Finance Act, 2022 on 30th March 2022
DGFT: Office address of the Export Promotion Council for EOU and SEZ (EPCES), New Delhi has been updated Under Appendix 2T of FTP, 2015-2020 with immediate effect. Public Notice No. 52/2015-2020-DGFT dated 24th March 2022
DGFT: DGFT decides to foreclose Revised Transport and Marketing Assistance (TMA) for Specified Agriculture Products Scheme to revamp, redesign and refocus it better for better outcomes and notification dated 9th September 2021 has been withdrawn.
GST: Rajasthan SGST extends E-Way Bill limit to Rs. 2 Lakh w.e.f 1st April 2022, where the Goods movement commence and terminates within the area of same city without crossing the area of the city.
Others : INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY (PERFORMANCE REVIEW COMMITTEE) REGULATIONS, 2022 makes regulations for constitution, governing the information to be provided, provision of adequate resources and discharge of functions by the Performance Review Committee
THE CONSTITUTION (SCHEDULED CASTES AND SCHEDULED TRIBES) ORDERS (SECOND AMENDMENT) BILL, 2022 to amend the Constitution (Scheduled Castes) Order, 1950 and the Constitution (Scheduled Tribes) (Uttar Pradesh) Order, 1967 has been introduced
Others: THE CRIMINAL PROCEDURE (IDENTIFICATION) BILL, 2022 to authorise for taking measurements of convicts and other persons for the purposes of identification and investigation in criminal matters and to preserve records and for matters connected therewith and incidental thereto has been introduced in Loksabha (Bill no. 93 of 2022)
RERA: MahaRERA implements a new modified version for filing online complaints w.e.f 30-3-22 (Circular No. 41/2022 dated 28/03/2022)
VAT: Rajasthan VAT exempts the retail outlets of petrol and diesel from requirement of filing returns under the said Act, subject to the condition that they purchase hundred percent of the said goods sold by them from the registered dealers of Rajasthan.
GST: Karnataka (GST) has directed to allow reimbursement for State GST (SGST) benefit to the cinematographic shows of the movie “The Kashmir Files” for six months. (CIRCULAR N0. 21/2021-22)
DGFT: Export of Rice (Basmati and Non-Basmati) to EU member states and other European Countries namely United Kingdom, Iceland, Liechtenstein, Norway and Switzerland only will require Certificate of Inspection from EIA/EIC. Export to remaining European countries (except United Kingdom, Iceland, Liechtenstein, Norway and Switzerland) will require Certificate of Inspection by Export Inspection Council / Export …
DGFT: DGFT extends the deadline from 31.03.2022 to 30.09.2022 to install and operationalise Radiation Portal Monitors and Container Scanners in designated sea ports. (Public Notice No. 51/(2015-2020) dated 23rd March 2022)
DGFT: Export Policy of Hydrofluorocarbons (HFCs) has been revised from ‘Free’ to `Restricted’ category with immediate effect and export Authorisations would be issued based on NOC from MoEF&CC. (Notification No. 62/2015-2020 dated 23.3.22)
MCA: Tribunal has been established consisting 3 members to decide disputes in the matter of election to the Council of the ICAI held in December, 2021. (MCA F. No. 1/1/2022-PI)
MCA: 2 Govt Nominees are being appointed by MCA in Appellate Authority under Chartered Accountants Act, 1949, Cost and Works Accountants Act, 1959 and Company Secretaries Act, 1980. (MCA F. No. 12/15/2007-PI Vol III dated 17-3-22)
DGFT: DGFT issues guidelines to amend Form ANF-4F of Handbook of Procedures, 2015-2020 to allow submission of FIRC in case of exports made to OFAC listed countries under Advance Authorization. (Public Notice No. 50/2015-2020-DGFT dated 17th March, 2022)
Customs: DG (Hydrocarbon) has created a web page https://online.dghindia.org/upstreamindia/oil_gasblockdetails/info to provide the details of the Contractors/ License /Operator for the Blocks currently under Petroleum Operations (Circular No. 06/2022-Customs dated 17.3.22)
