Statutory updates

11/2024 : Implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 in respect of EOUs with effect from 01.09.2024 – reg.

Competition Commission Investigation Order in Case No. 05 of 2024

The Competition Commission of India forms a prima facie opinion about the contravention of provisions of the Competition Act.

Revision of Duty Drawback Rates for Gold and Silver Jewellery

The Central Government amends Notification No. 77/2023-Customs (N.T.) to change the duty drawback rates for specific gold and silver jewellery and articles in Chapter 71.

Amendments of para 4.49(g) under Chapter 4 of the Handbook of Procedures, 2023, to reduce Compliance Burden and enhance Ease of doing Business-reg.

Draft Modalities for Pilot Launch of E-Commerce Export Hubs

The Directorate General of Foreign Trade proposes draft operational modalities for the pilot launch of E-Commerce Export Hubs to support cross-border e-commerce activities.

Use of ICETABs for Efficient Examination and Clearance Process

The Central Board of Indirect Taxes and Customs requires customs officers to use ICETAB mobile tablet devices for import cargo examination and report submission.

1. IndusInd International Holdings Limited 2. IIHL AMC Holdings Limited

Mango Crest, INQ Holding, and Shriram Finance Combination

The Competition Commission of India approves the proposed combination involving the acquisition of up to 99.91% of the issued and paid-up share capital of Shriram Housing Finance…

Rasmeli, Apollo Hospitals, Apollo Healthco, and Keimed Combination

The Competition Commission of India approves the combination involving investments by Rasmeli Limited and Apollo Hospitals Enterprise Limited in Apollo Healthco Limited…

Acquisition of Home Credit India Finance by TVSH, STPL and PIOF

TVS Holdings Ltd., Srinivasan Trading Pvt.

Measures to Curb Misuse of Headers and Content Templates

The Telecom Regulatory Authority of India has issued a direction to all Access Providers to address the persistent misuse of Headers and Content Templates under the Telecom…

Extreme Infocom Pvt. Ltd. and National Internet Exchange of India (NIXI)

Export of Non-Basmati White Rice under ITC(HS) code 10063090 to Malaysia through National Cooperative Exports Limited (NCEL) -reg

Amendment in Export Policy of De-Oiled Rice Bran

CCI Order on India Business Excellence Fund – IV Green Channel Combination

The Competition Commission of India declares the green channel approval granted to the combination involving India Business Excellence Fund – IV and VVDN Technologies Private…

Launch of Revamped Non-Preferential Certificate of Origin 2.0 System

The Directorate General of Foreign Trade launches the enhanced Non-Preferential Certificate of Origin system named eCoO 2.0.

Accenture and Vodafone Shared Operations Combination

The Competition Commission of India approves the proposed combination involving the acquisition of equity shares in Vodafone Shared Operations Limited by Accenture Holdings B.V.…

54/2024-Customs (NT) : Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.