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    What is New?

    Date: 24-06-2016
    Customs Notification No. 89/2016 (NT)
    Exchange Rate notfn. with effect from 25th June, 2016 thereby amending Notfn. 87/2016-Cus (NT)

    Date: 24-06-2016
    Customs Notification No. 90/2016 (NT)
    Rate of Duty Drawback on gold jewellery and silver jewellery/articles - RAte increased subject to conditions - Amendments in Notification No.110/2015-Customs (N.T.), dated the 16th November, 2015

    Date: 24-06-2016
    Customs Circular No. 30/2016
    Increase in All Industry Rates (AIR) of Duty Drawback on gold jewellery and silver jewellery/articles

    Date: 24-06-2016
    DGFT Notification No. 12/2015-2020
    Prohibition on import of milk and milk products from China.

    Date: 23-06-2016
    Customs Notification No. 88/2016 (NT)
    Exchange Rate notfn. with effect from 24th June, 2016 thereby amending Notfn. 87/2016-Cus (NT)

    Date: 23-06-2016
    Notification No. 27/2016-Customs (ADD)
    Seeks to impose definitive anti-dumping duty on "Poly Vinyl Chloride (PVC) Paste Resin" originating in or exported from Korea RP, Taiwan, China PR, Malaysia, Thailand and European Union for a period of five years.

    Date: 23-06-2016
    Service Tax Notification No. 35/2016 (ST)
    Seeks to exempt taxable services from the whole of Krishi Kalyan Cess leviable thereon with respect to which the invoice for the service has been issued on or before 31st May, 2016 subject to the condition that the provision of the service has been completed on or before 31st May, 2016.

    Date: 23-06-2016
    Service Tax Notification No. 36/2016 (ST)
    Seeks to exempt service tax on taxable services by way of transportation of goods by a vessel from outside India upto customs station in India with respect to which the invoice for the service has been issued on or before 31st May, 2016 subject to the condition of production of customs certified copy of the import manifest or import report required to be delivered under section 30 of the Customs Act, 1962.

    Date: 23-06-2016
    RBI/2015-16/430 A.P. (DIR Series) Circular No. 77 [(2)/10(R)]
    Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015

    Date: 23-06-2016
    RBI/2015-16/431 A.P. (DIR Series) Circular No. 78
    Permitting writing of options against contracted exposures by Indian Residents



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