Monthly Archives: May 2020

After job work finished goods were not exported but cleared to a DTA, No contravention of EXIM Policy : SC

By | May 16, 2020

After job work finished goods were not exported but cleared to a DTA, No contravention of EXIM Policy : SC SUPREME COURT OF INDIA Commissioner of Central Excise, Nagpur v. Universal Ferro & Allied Chemicals Ltd. S.A. BOBDE, CJI B.R. GAVAI AND SURYA KANT, JJ. CIVIL APPEAL NOS. 848-852 OF 2009 MARCH  6, 2020 B. Krishna Prasad,… Read More »

Highlights of Finance Minister’s Stimulus Package – IV

By | May 16, 2020

Ministry of Finance Highlights of Finance Minister’s Stimulus Package – IV Posted On: 16 MAY 2020 Mumbai, 16 May 2020   On the fourth day of announcements detailing the measures for easing economic hardships triggered by the Covid 19 pandemic, the Finance Minister Ms. Nirmala Sitharaman announced structural reform measures aimed at helping various growth… Read More »

NOTIFICATION No. 43/2020 – Central Tax : Section 128 of Finance Act 2020 w.e.f 18.05.2020

By | May 16, 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 16th May, 2020 No. 43/2020 – Central Tax G.S.R. 299(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the Finance Act, 2020 (12 of 2020) (hereafter in this notification referred to as the… Read More »

Sabka Vishwas (legacy Dispute Resolution) Scheme (Amendment) Rules 2020.

By | May 15, 2020

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 14th May, 2020 No. 01/2020-Central Excise (N.T.) G.S.R. 295(E).—In exercise of the powers conferred by sub-section (1) and (2) of section 132 of the Finance (No.2) Act, 2019 (23 of 2019), the Central Government hereby makes the following rules to amend the Sabka Vishwas (Legacy… Read More »

2nd Tranch of Special economic package announced by FM

By | May 15, 2020

Ministry of Finance Finance Minister announces short term and long-term measures for supporting the poor, including migrants, farmers, tiny businesses and street vendors • Free food grains supply to Migrants for 2 months. • Technology system to be used enabling Migrants to access PDS(Ration) from any Fair Price Shops in India by March,2021-One Nation one… Read More »