Latest Notifications, Circulars, Clarifications, Public Notices for Goods and Services Tax (GST), Income Tax, Service Tax, Central Excise, Customs, Special Economic Zone (SEZ), Foreign Exchange Management (FEMA), Foreign Trade (DGFT) / Import Export, Companies Act, Delhi Value Added Tax

I.Tax
CGST
IGST
CESS
UTGST
SGST
Custom
FTP
SEZ
FEMA
C.Law
SEBI
IBC

Income Tax [IT] Notifications:

89/2020 Dated: 2-11-2020 - IT
U/s 10(23FE) of Income Tax Act 1961 - Central Government specifies the sovereign wealth fund namely, the MIC Redwood 1 RSC Limited, Abu Dhabi, United Arab Emirates
88/2020 Dated: 29-10-2020 - IT
Relaxation of Certain Provisions of Specified Act
87/2020 Dated: 28-10-2020 - IT
Equalisation levy (Amendment) Rules, 2020
86/2020 Dated: 28-10-2020 - IT
Supersession Notification No. 37/2018 dated the 8th August, 2018
85/2020 Dated: 27-10-2020 - IT
U/s 3 of Direct Tax Vivad se Vishwas Act, 2020 Payment Date Extended for Vivad se Vishwas Scheme
84/2020 Dated: 22-10-2020 - IT
Income-tax (23rd Amendment) Rules, 2020.
83/2020 Dated: 19-10-2020 - IT
U/s 92C(2) of IT Act 1961- Computation of arm's length price
82/2020 Dated: 1-10-2020 - IT
Income-tax (22nd Amendment) Rules, 2020
81/2020 Dated: 25-9-2020 - IT
Central Board of Direct Taxes notify the Income-tax Authorities of the Regional Faceless Appeal Centres

Income Tax - Circulars

19/2020 Dated: 3-11-2020
Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10BB for Assessment Year 2016-17 and subsequent years
18/2020 Dated: 28-10-2020
Clarifications in respect of the Direct Tax Vivad se Vishwas Act, 2020
17/2020 Dated: 29-9-2020
Guidelines under section 194-O (4) and section 206C (1-I) of the Income-tax Act, 1961
16/2020 Dated: 30-8-2020
Imposition of charge on the prescribed electronic modes under section 269SU of the Income-tax Act, 1961
15/2020 Dated: 22-7-2020
Notification of Sovereign Wealth Fund under section 10(23FE) of the Income-tax Act, 1961

Income Tax - Orders

F No. 187/3/2020-ITA-I Dated: 19-10-2020
Order under section 119 of the Income-tax Act, 1961 for exercising power of survey u/s 133A of the Income-tax Act, 1961 and in pursuance of The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 Regarding
F. No. 275/29/2020-IT(B) Dated: 16-10-2020
Order under section 119 of the Income-tax Act, 1961 for exercising power of intrusive or coercive action for recovery of tax demand by Assessing Officers or Tax Recovery Officers
F. No. 225/150/2020-ITA-II Dated: 30-9-2020
Order u/s 119 of the Income-tax Act,1961 regarding extension of dates for filing of belated and revised ITRs for the A.Y 2019-20
F.No.225/155/2020/ITA.II Dated: 29-9-2020
Information relating to GST return in Form 26AS as per Rule 114-I of Income-tax Rules, 1962
F No. 187/3/2020-ITA-I Dated: 18-9-2020
Order under section 119 of the Income-tax Act, 1961

Central Goods and Services Tax [CGST] Rate Notifications:

05/2020 Dated: 16-10-2020 - CGST Rate
Amendment in Notification No. 12/2017- Central Tax (Rate), dated the 28th June, 2017
04/2020 Dated: 30-9-2020 - CGST Rate
Extension of CGST exemption on services by way of transportation of goods by air or by sea from customs station of clearance in India to a place outside India, by one year i.e. upto 30.09.2021.
02/2020 Dated: 26-3-2020 - CGST Rate
Seeks to amend Notification No. 11/2017-Central Tax (Rate), dated the 28th June, 2017
03/2020 Dated: 25-3-2020 - CGST Rate
Seeks to amend Notification No. 1/2017-Central Tax (Rate), dated the 28th June, 2017
01/2020 Dated: 21-2-2020 - CGST Rate
Seeks to amend notification No. 1/2017- Central Tax (Rate) dated 28.06.2017 so as to notify rate of GST on supply of lottery.

Central Goods and Services Tax [CGST] Notifications:

G.S.R. 712(E) Dated: 13-11-2020 - CGST
Corrigendum – Notification No. 86/2020-Central Tax, dated the 10th November, 2020
G.S.R. 711(E) Dated: 13-11-2020 - CGST
Corrigendum – Notification No. 82/2020-Central Tax, dated the 10th November, 2020
88/2020 Dated: 10-11-2020 - CGST
Seeks to implement e-invoicing for the taxpayers having aggregate turnover exceeding ₹ 100 Cr from 01st January 2021.
87/2020 Dated: 10-11-2020 - CGST
Seeks to extend the due date for furnishing of FORM ITC-04 for the period July- September 2020 till 30th November, 2020
86/2020 Dated: 10-11-2020 - CGST
Rescinds the Notification No. 76/2020-Central Tax, dated the 15th October, 2020
85/2020 Dated: 10-11-2020 - CGST
Seeks to notify special procedure for making payment of 35% as tax liability in first two month
84/2020 Dated: 10-11-2020 - CGST
Seeks to notify class of persons under proviso to section 39(1)
83/2020 Dated: 10-11-2020 - CGST
Seeks to extend the due date for FORM GSTR-1
82/2020 Dated: 10-11-2020 - CGST
Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020.

CGST Circulars

143/13/2020 Dated: 10-11-2020
Quarterly Return Monthly Payment Scheme
142/12/2020 Dated: 9-10-2020
Clarification relating to application of sub-rule (4) of rule 36 of the CGST Rules, 2017 for the months of February, 2020 to August, 2020
CBEC-20/06/11/2020-GST/1137 Dated: 17-7-2020
Removal of Pendency of registration application filed during COVID period
141/11/2020 Dated: 24-6-2020
Clarification in respect of various measures announced by the Government for providing relief to the taxpayers in view of spread of Novel Corona Virus (COVID-19)
140/10/2020 Dated: 10-6-2020
Clarification in respect of levy of GST on Director’s remuneration - Reg.

GST - Orders

F. No. CBEC- 20/01/08/2019-GST Dated: 18-9-2020
Administrative instructions for recovery of interest on net cash tax liability w.e.f. 01.07.2017
Instruction No. 3/2/2020 Dated: 24-6-2020
Payment of GST by real estate promoter/developer supplying construction of residential apartment etc, on the shortfall value of inward supplies from registered supplier at the end of the financial year
F. No. CBEC-20/10/11/2019-GST/1001 Dated: 22-6-2020
Writ petitions filed in various High Court(s) related to transitional provisions in GST
F. No. CBEC-20/10/07/2019-GST Dated: 22-6-2020
Reference form DGGI on Cross empowerment under GST
Instruction No. 2/1/2020 Dated: 9-4-2020
Implementation of decision to expedite pending refund claims

GST - Trade Notices

PUBLIC NOTICE No. 06/2020 Dated: 18-2-2020
Streamlining import data to mandatorily include GSTIN

Integrated Goods and Services Tax [IGST] Rate Notifications:

05/2020 Dated: 16-10-2020 - IGST Rate
Amendment in Notification No. 9/2017- Integrated Tax (Rate), dated the 28th June, 2017
04/2020 Dated: 30-9-2020 - IGST Rate
Extension of IGST exemption on services by way of transportation of goods by air or by sea from customs station of clearance in India to a place outside India, by one year i.e. upto 30.09.2021.
02/2020 Dated: 26-3-2020 - IGST Rate
Seeks to amend Notification No. 8/2017- Integrated Tax (Rate), dated the 28th June, 2017
03/2020 Dated: 25-3-2020 - IGST Rate
Seeks to amend Notification No. 1/2017- Integrated Tax (Rate), dated the 28th June, 2017
01/2020 Dated: 21-2-2020 - IGST Rate
Seeks to amend notification No. 1/2017- Integrated Tax (Rate) dated 28.06.2017 so as to notify rate of GST on supply of lottery.

Integrated Goods and Services Tax [IGST] Notifications:

06/2020 Dated: 15-10-2020 - IGST
Amendment in Notification No. 5/2017 – Integrated Tax, dated the 28th June, 2017
05/2020 Dated: 24-6-2020 - IGST
Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020.
04/2020 Dated: 24-6-2020 - IGST
Seeks to bring into force Section 134 of Finance Act, 2020 in order to bring amendment to Section 25 of IGST Act w.e.f. 30.06.2020.
03/2020 Dated: 8-4-2020 - IGST
Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020.
02/2020 Dated: 26-3-2020 - IGST
Seeks to amend Notification No. 4/2019- Integrated Tax, dated the 30th September, 2019

Compensation CESS [GST Cess] Rate Notifications:

03/2019 Dated: 30-9-2019 - GST CESS Rate
Seeks to disallow the refund of compensation cess in case of inverted duty structure for tobacco and manufactured tobacco substitutes.
02/2019 Dated: 30-9-2019 - GST CESS Rate
Seeks to amend notification No. 1/2017-Compensation Cess (Rate), dated 28.6.2017 on the recommendations of the GST Council in its 37th meeting dated 20.09.2019.

Union Territory Goods and Services Tax [UTGST] Rate Notifications:

05/2020 Dated: 16-10-2020 - UTGST Rate
Amendment in Notification No. 12/2017- Union Territory Tax (Rate), dated the 28th June, 2017
04/2020 Dated: 30-9-2020 - UTGST Rate
Extension of UTGST exemption on services by way of transportation of goods by air or by sea from customs station of clearance in India to a place outside India, by one year i.e. upto 30.09.2021.
02/2020 Dated: 26-3-2020 - UTGST Rate
Seeks to amend Notification No. 11/2017- Union Territory Tax (Rate), dated the 28th June, 2017
03/2020 Dated: 25-3-2020 - UTGST Rate
Seeks to amend Notification No. 1/2017-Union territory Tax (Rate), dated the 28th June, 2017
01/2020 Dated: 21-2-2020 - UTGST Rate
Seeks to amend notification No. 1/2017- Union Territory Tax (Rate) dated 28.06.2017 so as to notify rate of GST on supply of lottery.

Union Territory Goods and Services Tax [UTGST] Notifications:

02/2020 Dated: 24-6-2020 - UTGST
Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020.
01/2020 Dated: 8-4-2020 - UTGST
Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020.

States Goods and Services Tax [SGST] Notifications:

FTX.56/2017/608 Dated: 19-11-2020 - Assam SGST
Seeks to extend period to pass order under Section 54(7) of Assam GST Act
67/2020- State Tax Dated: 19-11-2020 - Delhi SGST
Amendment in Notification No. 73/2017– State Tax, dated the 30th January, 2018
63/2020– State Tax Dated: 19-11-2020 - Delhi SGST
Appoints the 1st day of September, 2020, as the date on which the provisions of section 10 of the Delhi Goods and Services Tax (Amendment) Act, 2019, shall come into force
39/2019- State Tax Dated: 19-11-2020 - Delhi SGST
Appoints the 1st day of September, 2019, as the date on which the provisions of section 13 the Delhi Goods and Services Tax (Amendment) Act, 2019, shall come into force
KGST.CR.01/17-18 Dated: 17-11-2020 - Karnataka SGST
Corrigendum – Notification (16/2020) No.KGST.CR.01/17-18, dated: 12.11.2020
94/GST-2 Dated: 17-11-2020 - Haryana SGST
Notification to make filing of annual return under section 44 (1) of HGST Act for F.Y. 2019-20 optional for small taxpayers whose aggregate turnover is less than ₹ 2 Crores and who have not filed the said return before the due date under the HGST Act, 2017
93/GST-2 Dated: 17-11-2020 - Haryana SGST
Notification to prescribe the due date for furnishing FORM GSTR-1 for the quarters October, 2020 to December, 2020 and January, 2021 to March, 2021 for registered persons having aggregate turnover of up to 1.5 crore rupees in the preceding financial year or the current financial year under the HGST Act, 2017
F.12(46)FD/Tax/2017-III-259 Dated: 13-11-2020 - Rajasthan SGST
Seeks to implement e-invoicing for the taxpayers having aggregate turnover exceeding ₹ 100 Cr from 01st January 2021
F.12(46)FD/Tax/2017-III-258 Dated: 13-11-2020 - Rajasthan SGST
Seeks to notify special procedure for making payment of 35% as tax liability in first two month
15/2020 Dated: 13-11-2020 - Telangana SGST
Extending the time limit for furnishing the declaration in FORM GST ITC-04.
(17/2020)-KGST.CR.01/17-18 Dated: 12-11-2020 - Karnataka SGST
Seeks to extend the due date for furnishing of FORM ITC-04 for the period July- September 2020 till 30th November, 2020

SGST Circulars

TRADE CIRCULAR No. 09/2020 Dated: 13-10-2020
Clarification relating to application of sub-rule (4) of rule 36 of the WBGST Rules, 2017 for the months of February, 2020 to August, 2020
Circular No. 11/2020 (State) Dated: 8-9-2020
Clarification on refund related issues
GST- 12/2020 Dated: 26-8-2020
Clarification in respect of various measures announced by the Government for providing relief to the taxpayers in view of spread of Novel Corona Virus (COVID-19)
Circular No. 10/2020 (State) Dated: 26-8-2020
Clarification in respect of issues under GST law for companies under Insolvency and Bankruptcy Code, 2016
13/2020-TNGST Dated: 17-8-2020
Clarification in respect of various measures announced by the Government for providing relief to the taxpayers in view of spread of Novel Corona Virus (COVID-19)
11/2019-GST Dated: 29-7-2020
Processing of refund applications in FORM GST RFD-01A submitted by taxpayers wrongly mapped on the common portal
10/2019-GST Dated: 27-7-2020
Clarification on doubts related to supply of Information Technology enabled Services (ITeS services)
09/2019-GST Dated: 27-7-2020
Standard Operating Procedure to be followed in case of non-filers of returns
TRADE CIRCULAR No. 08/2020 Dated: 6-7-2020
Clarification in respect of levy of GST on Director’s remuneration
TRADE CIRCULAR No. 07/2020 Dated: 6-7-2020
Clarification on refund related issues
92/2020-GST Dated: 19-6-2020
Clarification in respect of levy of GST on Director's remuneration

Customs [Cus] Notifications:

42/2020 Dated: 11-11-2020 - Cus
Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe 5% BCD on specified parts for manufacture of Open Cell for LED/LCD TV Panels subject to end user condition.
41/2020 Dated: 29-10-2020 - Cus
Seeks to further amend notification No. 16/2017-Customs dated 20th April, 2017, which provides exemption to specified medicines under certain Patient Assistance Programmes (PAPs) run by pharmaceutical companies
40/2020 Dated: 28-10-2020 - Cus
Seeks to prescribe concessional Basic customs duty rate on potato imports with the prescribed quota (TRQ) till the 31st January, 2021.
39/2020 Dated: 28-10-2020 - Cus
Seeks to amend Notification No. 50/2017- Customs, dated the 30th June, 2017
38/2020 Dated: 21-10-2020 - Cus
Notification regarding exemption of duties of Customs against scrips issued under the RoSL scheme for apparel and made-ups sectors
37/2020 Dated: 20-10-2020 - Cus
Seeks to further amend notification no. 152/2009 dated 31.12.2009, regarding the rate of duty of customs on imports of "Polybutadiene Rubber" originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement.
36/2020 Dated: 5-10-2020 - Cus
Seeks to amend notification No.13/2020-Customs dated 14.02.2020 for extending the RoSCTL scheme validity from 31.03.2020 to 31.03.2021 or until such date the RoSCTL scheme is merged with RoDTEP scheme, whichever is earlier
G.S.R. 601(E) Dated: 30-9-2020 - Cus
Relaxation of time limit under Central Excise Act, 1944, Customs Act, 1962, Customs Tariff Act, 1975 and Finance Act, 1994
35/2020 Dated: 30-9-2020 - Cus
Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe 5% BCD on Open Cell for LED/LCD TV Panels.

Customs Non-Tariff [Cus(NT)] Notifications:

61/2020-Customs (N.T./CAA/DRI) Dated: 19-11-2020 - Cus (NT)
Appointment of CAA by DGRI
108/2020 Dated: 19-11-2020 - Cus (NT)
Exchange rate Notification No.108/2020-Cus (NT) dated 19.11.2020
107/2020 Dated: 13-11-2020 - Cus (NT)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver
106/2020 Dated: 12-11-2020 - Cus (NT)
Amendment in Notification No. 105/2020-CUSTOMS (N.T.), dated 5th November, 2020
105/2020 Dated: 5-11-2020 - Cus (NT)
Exchange rate Notification No.105/2020-Cus (NT) dated 05.11.2020
104/2020 Dated: 3-11-2020 - Cus (NT)
Seeks to amend Notification No. 99/2020-CUSTOMS (N.T.), dated 15th October, 2020
103/2020 Dated: 29-10-2020 - Cus (NT)
Notification No.103/2020-Customs (NT) dated 29.10.2020 with subject as "Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver
102/2020 Dated: 23-10-2020 - Cus (NT)
CBIC appoints Customs Authority for Advance Rulings, at Delhi and Mumbai
57/2020-Customs (N.T./CAA/DRI) Dated: 16-10-2020 - Cus (NT)
Amendment in Notification No. 74/2016-Customs (N.T.) dated 18.05.2016

Customs - Anti Dumping Duty [ADD] Notifications:

38/2020 Dated: 19-11-2020 - ADD
Seeks to further amend notification No. 56/2015-Customs (ADD) dated 4th Dec, 2015 to extend the levy of Anti-Dumping duty on Phthalic Anhydride originating in or exported from Japan and Russia, up to and inclusive of 31st Jan, 2021.
37/2020 Dated: 11-11-2020 - ADD
Seeks to impose definitive anti dumping duty on Clear Float Glass originating in or exported from Malaysia
36/2020 Dated: 11-11-2020 - ADD
Seeks to rescind notification No. 27/2015-Customs (ADD) dated 1st June, 2015 to remove the anti-dumping duty applicable on imports of acrylic fibre from Thailand
35/2020 Dated: 10-11-2020 - ADD
Seeks to impose Anti-Dumping Duty on flax fabrics (having flax content of more than 50%) imported from China and Hong Kong for a period of 5 years
34/2020 Dated: 9-11-2020 - ADD
Seeks to amend notification No. 54/2015-Customs (ADD), dated 18th November 2015 to extend the levy of ADD on imports of " Carbon Black used in rubber applications " originating in or exported from China PR and Russia, for a further period upto and inclusive of 31st December, 2020.
33/2020 Dated: 27-10-2020 - ADD
Seeks to further amend notification No. 6/2019-Customs (ADD) dated 28th January, 2019 to extend the levy of Anti-Dumping duty on Fluoroelastomers (FKM) originating in or exported from China PR up to and inclusive of 27th November, 2020.
32/2020 Dated: 19-10-2020 - ADD
Seeks to amend notification No. 51/2015-Customs (ADD) dated 21st October, 2015 to extend the levy of ADD on All Fully Drawn or Fully Oriented Yarn/Spin Draw Yarn/Flat Yarn of Polyester imported from China and Thailand till 30th November, 2020.
31/2020 Dated: 16-10-2020 - ADD
Seeks to amend notification No. 49/2015-Customs (ADD), dated 21st October, 2015 to extend the levy of ADD on imports of “Front Axle Beam and Steering Knuckles meant for heavy and medium commercial vehicles” originating in or exported from China PR, for a period upto and inclusive of the 30th November, 2020.
30/2020 Dated: 13-10-2020 - ADD
Seeks to amend notification No. 48/2015-Customs (ADD), dated 21st October, 2015 to extend the levy of ADD on imports of “Plain Medium Density Fibre Board of thickness 6mm and above” originating in or exported from China PR, Malaysia, Sri Lanka & Thailand, for a period of three months i.e. upto 20th January, 2021

Customs - Safeguard Duty Notifications:

02/2020 Dated: 29-7-2020 - Safeguard
Seeks to continue the levy of Safeguard duty on imports of 'Solar Cells whether or not assembled in modules or panels' for a period of one year , in pursuance of final findings of review investigations issued by DGTR.
01/2020 Dated: 2-2-2020 - Safeguard
Amendments in the Notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 01/2018- Customs (SG), dated the 30th July, 2018.

Customs Circulars

51/2020 Dated: 20-11-2020
Clarifications regarding availment of exemption on temporary import of durable Containers
50/2020 Dated: 5-11-2020
Policy and Guidelines for setting up of Inland Container Depots (ICDs), Container Freight Stations (CFSs) and Air Freight Stations (AFSs)
49/2020 Dated: 3-11-2020
Scheme for Rebate of State Levies (RoSL)
48/2020 Dated: 27-10-2020
Manufacturing and other operations undertaken in bonded warehouses under Section 65 of the Customs Act, 1962
47/2020 Dated: 20-10-2020
Contactless delivery of international courier consignments

Customs Orders

Instruction No. 19/2020 Dated: 18-11-2020
Imports from North Korea (KP)/Exports to North Korea(KP)
Instruction No. 18/2020 Dated: 6-10-2020
Directorate General of Audit as a Nodal Directorate for Customs Post Clearance Audit
F. No. 390/Misc/3/2019-JC Dated: 21-8-2020
Revised guidelines for conduct of personal hearings in virtual mode under CGST Act, 2017, IGST Act, 2017, Customs Act, 1962, Central Excise Act, 1944 and Chapter V of Finance Act, 1994
Instruction No. 17/2020 Dated: 10-8-2020
Disposal of un-claimed/un-cleared/seized/confiscated goods
Instruction No.16/2020 Dated: 24-7-2020
Prohibition of selling of Health Supplement containing PABA (Para Amino Benzoic Acid) a banned ingredient

Customs Trade Notices

STANDING ORDER No: 35/2020 Dated: 16-10-2020
Directions issued for Faceless Assessment-Measures for timely assessment of Bills of Entry
Public Notice No: 129/2020 Dated: 7-10-2020
Safety audit of CFS storing and handling hazardous goods
Addendum - ITO PUBLIC NOTICE NO.14/2018 Dated: 7-10-2020
Request for amendment in procedure for the Shipping Bills selected by the Systems for detailed examination (Check Packets)
PUBLIC NOTICE No. 60/2020 Dated: 1-10-2020
Implementation of the Sea Cargo Manifest and Transhipment Regulations
PUBLIC NOTICE NO. 11/CCP/JMR/2020 Dated: 30-9-2020
Launch of e-Office in Office Of the Commissioner of Customs (Preventive), Jamnagar

Foreign Trade / Import-Export [FTP] Notifications:

44/2015-2020 Dated: 30-10-2020 - FTP
Insertion of import policy conditions for items under Exim code 07019000 of Chapter 07 of ITC (HS), 2017, Schedule –I (Import Policy)
43/2015-20 Dated: 29-10-2020 - FTP
Amendment in Export Policy of Onions Seeds
42/2015-2020 Dated: 22-10-2020 - FTP
Amendment in Export Policy of Nitrile/NBR Gloves
41/2015-2020 Dated: 15-10-2020 - FTP
Amendment in import policy of items under ITC HS Codes 84151010 and 84151090 of Chapter 84 of ITC (HS), 2017, Schedule - I (Import Policy)
40/2015-2020 Dated: 15-10-2020 - FTP
Amendment in Export Policy of Alcohol based Hand Sanitizers
39/2015-2020 Dated: 9-10-2020 - FTP
Amendment in Export Policy of Onions
38/2015-2020 Dated: 6-10-2020 - FTP
Amendments in Foreign Trade Policy 2015-2020, related to import under DFIA scheme
37/2015-2020 Dated: 6-10-2020 - FTP
Addition of enabling provision related to the issue of scrips under Scheme for Rebate of State Levies (RoSL) as notified by the Ministry of Textiles
36/2015-2020 Dated: 6-10-2020 - FTP
Amendment in Export Policy of Personal Protection Equipments/Masks

FTP Public Notices

29/2015-2020 Dated: 30-10-2020
Procedure for import of Potatoes, till 31.01.2021, under TRQ Scheme
28/2015-20 Dated: 29-10-2020
Deletion of Standard Input-Output Norms (SION) No. A-468 of Chemical & Allied Product Group
27/(2015-2020) Dated: 26-10-2020
Extension of time period for import of tur during the fiscal year 2020-21
26/2015-2020 Dated: 16-10-2020
Amendments in Para 4.44 - Monitoring of Export Obligation - of the Handbook of Procedures 2015-20.
25/2015-20 Dated: 13-10-2020
Procedure for application and issuance of Scrips under Scheme for Rebate of State Levies (RoSL)

FTP Circulars

Policy Circular No. 35/2015-20 Dated: 23-4-2020
Procedural details pursuant to Notification No. 57/2015-20 dated 31.03.2020 and Public Notice 67/2015-20 dated 31.03.2020- Extensions in Import Validity period and Export obligation period in Advance authorizations/DFIA
Policy Circular No. 34/2015-20 Dated: 20-3-2020
Clarification on Export of API/Formulations (Restricted) under Advance Licence
Policy Circular No. 33/2015-20 Dated: 20-3-2020
Clarification on Notification No. 50/2015-20 dated 03.03.2020
EC-A Circular No.32/2015-20 Dated: 20-3-2020
Institution and/or continuation of proceedings under Foreign Trade (Development & Regulation) Act, 1992 and Rules thereunder against companies/firms against whom proceedings have been instituted in the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016
Policy Circular No. 31/2015-20 Dated: 26-2-2020
Relief in Average Export Obligation in terms of Para 5.19 of Hand Book of Procedures of Foreign Trade Policy, 2015-20

FTP Trade Notices

Trade Notice No. 35/2020-21 Dated: 12-11-2020
Migration of AA/EPCG/DFIA Online modules to the new IT environment from 1st December 2020 and non-availability of licence amendment services from 20th November 2020 to 30th November 2020
Trade Notice No. 34/2020-21 Dated: 12-11-2020
New Foreign Trade Policy - inviting suggestions
Trade Notice No. 33/2020-21 Dated: 28-10-2020
Linking/Registration of IECs in the new revamped DGFT Online environment
TRADE NOTICE NO. 32/2020-2021 Dated: 28-10-2020
Submission of data to RoDTEP Committee
Trade Notice No.: 31/2020-21 Dated: 27-10-2020
Procedure and Criteria for submission and approval of applications for export of Nitrile/NBR Gloves

Special Economic Zone [SEZ] Notifications:

S.O. 4084 (E) Dated: 9-11-2020 - SEZ
Central Government notifies the 23.345 hectares area at Village Bandhwari, Tehsil- Wazirabad, District Gurugram in the State of Haryana and constitutes an Approval Committee
G.S.R. 678(E) Dated: 23-10-2020 - SEZ
Special Economic Zones (Amendment) Rules, 2020
S.O. 3625(E) Dated: 17-9-2020 - SEZ
Amendment in Notification S.O. 2262(E) dated 28th May, 2018
S.O. 3105(E) Dated: 9-9-2020 - SEZ
Central Government de-notifies an area of 0.2509 hectare, thereby making the resultant area as 1682.4031 hectare at Villages Dahej, Ambheta, Luvara, Suva, Lakhigam and Jageshwar in Taluk Vagra, District Bharuch in the State of Gujarat
S.O. 3027(E) Dated: 31-8-2020 - SEZ
Central Government notifies the 2.098 hectares area at Village Mahape, Navi Mumbai in the State of Maharashtra; and constitutes an Approval Committee
S.O. 2773 (E) Dated: 6-8-2020 - SEZ
Central Government de-notifies an area of 17.894 hectare, (thereby making the resultant area as 386.806 hectare) at Duppituru, Moturupalem, Maruturu and Gurujaplem Villages, Visakhapatnam District in the State of Andhra Pradesh
S.O. 2323(E) Dated: 10-7-2020 - SEZ
Central Government de-notifies an area of 6.5074 hectare, thereby making the resultant area as 32.8645 hectares at Villages Pallippuram & Vailoor, District Thiruvanathapuram in the State of Kerala
S.O. 2175(E). Dated: 25-6-2020 - SEZ
Amendment in Notification No. S.O.1637(E) dated 13th April, 2018
S.O. 2034 (E) Dated: 24-6-2020 - SEZ
Central Government notifies an additional area of 1.36 hectares,thereby making the total area of the Special Economic Zone as 11.88 hectares at Raidurga Village, Serilingampally Mandal, Ranga Reddy District in the State of Telangana

SEZ Orders / Instructions

Instruction No.104 Dated: 2-11-2020
Consolidated list of default authorized operations which can be undertaken by the developer/approved co-developer by default from the date of notification

Meetings of SEZ Board

Minutes of the 96th meeting of the SEZ Dated: 26-2-2020
Minutes of the 96th meeting of the. Board of Approval for SEZ held on 26th February, 2020 to consider setting up of Special Economic Zones and other miscellaneous proposals
Minutes of the 95th meeting of the SEZ Dated: 14-2-2020
Minutes of the 95th meeting of the. Board of Approval for SEZ held on 14th February, 2020 to consider setting up of Special Economic Zones and other miscellaneous proposals

Foreign Exchange Management [FEMA] Notifications:

FEMA. 399/RB-2020. Dated: 23-10-2020 - FEMA
Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020
FEMA 6 (R)/ (2)/2020-RB Dated: 11-8-2020 - FEMA
Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2020
S.O. 2442 (E) Dated: 27-7-2020 - FEMA
Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2020
FEMA. 395(1)/2020-RB Dated: 15-6-2020 - FEMA
Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations, 2020
S.O. 1374(E) Dated: 27-4-2020 - FEMA
Foreign Exchange Management (Nondebt Instruments) (Second Amendment) Rules, 2020
S.O. 1278 (E) Dated: 22-4-2020 - FEMA
Foreign Exchange Management (Non-debt Instruments) Amendment Rules, 2020.
FEMA 23(R)/(3)/2020-RB Dated: 31-3-2020 - FEMA
Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2020
FEMA 14(R)/(2)/2020-RB Dated: 4-3-2020 - FEMA
Foreign Exchange Management (Manner of Receipt and Payment) (Second Amendment) Regulations, 2020
FEMA.398/RB-2020 Dated: 18-2-2020 - FEMA
Foreign Exchange Management (Foreign Exchange Derivative Contracts) (First Amendment) Regulations, 2020

FEMA Circulars

07 Dated: 23-11-2020
Establishment of Branch Office (BO) / Liaison Office (LO) / Project Office (PO) or any other place of business in India by foreign law firms
06 Dated: 17-11-2020
Foreign Exchange Management Act, 1999 (FEMA)- Compounding of Contraventions under FEMA, 1999
05 Dated: 13-11-2020
Discontinuation of Returns/Reports under Foreign Exchange Management Act, 1999
04 Dated: 5-11-2020
Exim Bank's Government of India supported Line of Credit (LoC) of USD 20.10 million to the Government of the Republic of Nicaragua
03 Dated: 9-10-2020
Export Data Processing and Monitoring System (EDPMS) Module for ‘Caution/De-caution Listing of Exporters’ - Review

FDI Guidlines

Consolidated FDI Policy Circular of 2020 Dated: 15-10-2020
Consolidated FDI Policy
Press Note No. 4 (2020 Series) Dated: 17-9-2020
Review of Foreign Direct Investment (FDI) Policy in Defence Sector
Press Note No. 3 (2020 Series) Dated: 17-4-2020
Review of Foreign Direct Investment (FDI) policy for curbing opportunistic takeovers /acquisitions of Indian companies due to the current COVID-19 pandemic
Press Note No. 2 (2020 Series) Dated: 19-3-2020
Review of Foreign Direct Investment (FDI) policy on Civil Aviation
Press Note No. 1 (2020 Series) Dated: 21-2-2020
Review of Foreign Direct Investment (FDI) policy in Insurance Sector

Companies Law [CL] Notifications:

G.S.R. 642(E). Dated: 16-10-2020 - Co. Law
Companies (Prospectus and Allotment of Securities) Amendment Rules, 2020
G.S.R. 590 (E) Dated: 28-9-2020 - Co. Law
Companies (Meetings of Board and its Powers) Third Amendment Rules, 2020
G.S.R. 589 (E) Dated: 28-9-2020 - Co. Law
Companies (Appointment and Qualification of Directors) Fourth Amendment Rules, 2020
G.S.R. 570 (E) Dated: 21-9-2020 - Co. Law
National Company Law Appellate Tribunal (Recruitment, Salary and other Terms and Conditions of Service of Staff Car Drivers) Rules, 2020.
F. No. 2/1/2018-CL-V Dated: 17-9-2020 - Co. Law
Constitution of the Company Law Committee
G.S.R. 548 (E) Dated: 7-9-2020 - Co. Law
Companies (Acceptance of Deposits) Amendment Rules, 2020
S.O. 2920 (E) Dated: 28-8-2020 - Co. Law
Central Government appoints the 28th August, 2020 as the date on which the provision of clause (ii) of section 23 of the Companies (Amendment) Act, 2017 shall come into force
G.S.R. 538 (E) Dated: 28-8-2020 - Co. Law
Companies (Management and Administration) Amendment Rules, 2020
G.S.R. 526 (E) Dated: 24-8-2020 - Co. Law
Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020

Companies Law Circulars

37/2020 Dated: 9-11-2020
Extension of LLP Settlement Scheme, 2020.
36/2020 Dated: 20-10-2020
Special Measures under the Companies Act, 2013 and Limited Liability Partnership Act, 2008 in view of COVID- 19 outbreak - Extension
35/2020 Dated: 29-9-2020
Filings under section 124 and section 125 of the Companies Act 2013 r/w IEPFA (Accounting, Audit, Transfer and Refund) Rules 2016 in view of extension of CFSS 2020
34/2020 Dated: 29-9-2020
Clarification with regard to creation of deposit repayment reserve of 20% u/s. 73 (2) (C) of the Companies Act 2013 and to invest or deposit 15% of amount of debentures u/r.18 of Companies (Share capital and Debentures) Rules 2014 — COVID-19 —Extension of time
33/2020 Dated: 28-9-2020
Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 read with rules made thereunder on account of COVID-19- Extension of time

Securities and Exchange Board [SEBI] Notifications:

SEBI/LAD-NRO/GN/2020/39 Dated: 29-10-2020 - SEBI
Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2020.
SEBI/LAD-NRO/GN/2020/38 Dated: 29-10-2020 - SEBI
Securities and Exchange Board of India (Prohibition of Insider Trading) (Second Amendment) Regulations, 2020.
SEBI/LAD-NRO/GN/2020/37 Dated: 19-10-2020 - SEBI
Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2020
SEBI/LAD-NRO/GN/2020/36 Dated: 19-10-2020 - SEBI
Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Second Amendment) Regulations, 2020
SEBI/LAD-NRO/GN/2020/34 Dated: 8-10-2020 - SEBI
Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 2020
SEBI/LAD-NRO/GN/2020/33 Dated: 8-10-2020 - SEBI
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2020
SEBI/LAD-NRO/GN/2020/32 Dated: 8-10-2020 - SEBI
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2020
SEBI/ LAD-NRO/GN/2020/35 Dated: 8-10-2020 - SEBI
Securities and Exchange Board of India (Issue and Listing of Debt Securities) (Amendment) Regulations, 2020
SEBI/LAD-NRO/GN/2020/30 Dated: 25-9-2020 - SEBI
Renewal of recognition for " Metropolitan Clearing Corporation of India Limited " one year

SEBI Circulars

SEBI/HO/DDHS/CIR/P/2020/233 Dated: 23-11-2020
Introduction of Unified Payments Interface (UPI) mechanism and Application through Online interface and Streamlining the process of Public issues of securities under - SEBI (Issue and Listing of Debt Securities) Regulations, 2008 (ILDS Regulations), SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 (NCRPS Regulations), SEBI (Issue and Listing of Securitised Debt Instruments and Security Receipts) Regulations, 2008 (SDI Regulations) and SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015 (ILDM Regulations)
SEBI/HO/DDHS/DDHS/CIR/P/2020/232 Dated: 17-11-2020
Amendments to guidelines for preferential issue and institutional placement of units by a listed InvIT
SEBI/HO/DDHS/DDHS/CIR/P/2020/231 Dated: 13-11-2020
Non-compliance with provisions related to continuous disclosures
SEBI/ HO/ MIRSD/ CRADT/ CIR/ P/ 2020/230 Dated: 12-11-2020
Monitoring and Disclosures by Debenture Trustee(s)
SEBI/HO/MRD2/DCAP/CIR/P/227 Dated: 6-11-2020
Outsourcing of activities, Business Continuity Plan (BCP) and Disaster Recovery (DR) and Cyber Security and Cyber Resilience framework - Limited Purpose Clearing Corporation (LPCC)

Insolvency and Bankruptcy [IBC] Notifications:

IBBI/2020-21/GN/REG067 Dated: 13-11-2020 - IBC
Insolvency and Bankruptcy Board of India (Liquidation Process) (Fourth Amendment) Regulations, 2020
IBBI/2020-21/GN/REG065 Dated: 13-11-2020 - IBC
Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2020
IBBI/2020-21/GN/REG 066 Dated: 13-11-2020 - IBC
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2020
S.O. 3265 (E) Dated: 24-9-2020 - IBC
Central Government notifies further period of three months from the 25th September, 2020 for the purposes of the section 10A of the Insolvency and Bankruptcy Code, 2016
G.S.R. 583 (E) Dated: 24-9-2020 - IBC
Insolvency and Bankruptcy (Application to Adjudicating Authority) (Amendment) Rules, 2020
G.S.R. 563 (E) Dated: 10-9-2020 - IBC
Insolvency and Bankruptcy Board of India (Annual Report) Amendment Rules, 2020
IBBI/2020-21/GN/REG064 Dated: 7-8-2020 - IBC
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2020.
IBBI/2020-21/GN/REG062 Dated: 5-8-2020 - IBC
Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020
IBBI/2020-21/GN/REG.063 Dated: 5-8-2020 - IBC
Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Second Amendment) Regulations, 2020

IBC Circulars

CIRP-11013/1/2020-IBBI Dated: 12-6-2020
Reconstitution of the Advisory Committee on Corporate Insolvency Resolution and Liquidation
IBBI/RVO/033/2020 Dated: 23-4-2020
Governance Structure of the Registered Valuers Organisation
IBBI/RVO/032/2020 Dated: 20-3-2020
Educational Course and Continuing Education under the Companies (Registered Valuers and Valuation) Rules, 2017
IBBI/IPA/031/2020 Dated: 20-3-2020
Pre-registration Educational Course under the IBBI (Insolvency Professional) Regulations, 2016.
IBBI/CIRP/030/2020 Dated: 17-3-2020
Feature for modification of CIRP Forms (including IP-1 Form) submitted by an Insolvency Professional (IP) in compliance of regulation 40B of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.