Daily Archives: August 9, 2016

GST will spare the poor : Modi

By | August 9, 2016

Prime Minister Narendra Modi on Monday tried to sell the goods and services tax (GST) as one that would help small businesses, spare the poor, generate additional jobs and help in regional development. Parliament cleared the Constitution (122nd Amendment) Bill, shifting the focus to states. The government had moved six amendments, including scrapping of 1… Read More »

Category: GST

Know Your Customer Guidelines

By | August 9, 2016

Source : RBI Know Your Customer Guidelines (updated up to December 22, 2014) (This is a summarised and simplified version of the Reserve Bank of India’s Know Your Customer guidelines. For further details, please refer to the links which are provided below.) Q 1. What is KYC? Why is it required? Response: KYC means “Know… Read More »

Provisional assessments in respect of imports of PVC Flex Film

By | August 9, 2016

seeks to finalize the provisional assessments in respect of imports of PVC Flex Film, originating in or exported from ChinaPR by M/s Haining Tianfu Warp Knitting Co. Ltd., People’s Republic of China (Producer) and M/s Manna, Korea RP (Exporter), at rate of anti-dumping duty imposed vide Notification No. 82/2011-Customs (ADD) dated 25th August, 2011 [and… Read More »

Anti-dumping duty on imports of certain Rubber Chemicals namely MBTS

By | August 9, 2016

seeks to extend the levy of anti-dumping duty on imports of certain Rubber Chemicals, namely MBTS [Dibenzothiazole disulphide] originating in, or exported from, People’s Republic of China, (imposed vide notification No. 98/2011-Customs, dated 20th October, 2011) for a period of one year i.e. upto and inclusive of the 19th October, 2017. Notification No 40/2016-Cus (ADD), dt.… Read More »