SEBI: Issuance of Securities in dematerialized form in case of Investor Service Requests (Circular SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated 25.01.2022) 2022
Income Tax: Introduction of online PAN verification functionality in Finacle CBS System (SB Order No. 02/2022 dated 25.01.2022)
DGFT: The export policy of human hair, unworked, whether or not washed or scoured; waste of human hair or any other form of raw human hair under ITC (HS) Code 0501 has been put under restricted category, with immediate effect. (Notification No. 51 /2015-2020 dated 25.01.2022)
Customs: Anti-dumping Duty is imposed on Imports of ‘Axles for Trailers’ from China (Notification No. 4/2022-Customs(ADD), dated 24.01.2022)
GST: The new functionality of interest calculator in GSTR-3B is now live on the GST Portal (GSTN Update dated 26.01.2022)
SEBI: SEBI has notified “Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2022” (Notification No. No. SEBI/LAD-NRO/GN/2022/69 dated 24.01.2022)
DGFT: The Director General of Foreign Trade (DGFT) has notified the Extension of Date for Mandatory electronic filing of Non-Preferential Certificate of Origin (CoO) through the Common Digital Platform to 31st March 2022 (Trade Notice No. 32/2021-22 dated 24.01.2022)
CBIC: CBIC has rescinded the Notification levying Anti-Dumping Duty on PVC Flex Films (Notification No. 3/2022-Customs (ADD) dated 24.01.2022)
Income Tax: CBDT has notified Tax Exemption to National Skill Development Corporation, a body constituted by Central Government, in respect of the specified income under section 10(46) of Income Tax Act, 1961 (Notification No. 10/2022-Income Tax dated 21.01.2022)
CBIC: CBIC has issued a circular regarding Alignment of AEO Circular No. 33/2016 dated 22.07.2016 and 54/2020 dated 15.12.2020 with CAROTAR, 2020 (Customs Administration of Rules of Origin Under Trade Agreements Rules, 2020) (Circular No. 02/2022- Customs dated 19.01.2022)
MSME: Central Govt. has extended the validity of Udyog Aadhaar Memorandum (UAM) up to March 31, 2022. ( Notification no. S.O.278(E) dated 19.01.2022 )
Customs: CBIC has notified Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 21st January, 2022 (Notification No. 04/2022- Customs (N.T.) dated 20.01.2022)
Central Excise: CBIC has issued Master Circular on Recovery and Write-off of Arrears of Revenue (Circular No. 1081/02/2022-CX dated 19.01.2022)
SEBI: SEBI launched ‘Saa₹thi’ – SEBI’s Mobile App on Investor Education (Press Release No. 03/2022 dated 19.01.2022)
DGFT: Re-import of steel for packaging will not be covered under Steel Import Monitoring System (SIMS) (Policy) (Circular No. 38/2015-2020-DGFT dated 19.01.2022)
Customs : CBIC exempts BCD and IGST on goods imported for the purpose of AFC Women’s Asian Cup India, 2022 (Notification No. 1/2022-Customs dated 18.01.2022)
Customs: CBIC has issued circular to allow extension of time period till 30.09.2022 for re-exports of ISO containers meant for transportation of Liquid Medical Oxygen grade, if imported under Notification No. 104/1994-Customs dated 16.03.1994 (Circular No.01/2022-Customs dated 18.01.2022)
Income Tax: CBDT notifies Rule 8AD Computation of capital gains for the purposes of sub-section (1B) of section 45 i.e. Computation of capital gains, not exempt under Section 10(10D). (Notification No. 8/2022-Income tax dated 18.01.2022)
Income Tax : CBDT notifies e-Advance Rulings Scheme, 2022; applicable w.e.f. 18-01-2022 (Notification No. 07/2022-Income Tax dated 18.01.2022).
Income Tax: CBDT has issued clarifications on applicability of Sec. 10(10D) exemption on sum received from ULIPs (Circular No. 2/2022-Income Tax dated 19.01.2022)
