AVANTIS WEEKLY NEWSLETTER | ISSUE 9 of 2019

Highlights of Newsletter | Issue 09 of 2019

•CBIC has postponed the date of coming into force of Sea Cargo and Manifest and Transhipment Regulations, 2018 from March 01, 2019 to August 01, 2019.

•RBI has published:

a)Foreign Exchange Management (Export and import of Currency) (Amendment) Regulations, 2019;

b)Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2019;

c)Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2019;

d)Foreign Exchange Management (Permissible Capital Account Transactions) (Amendment) Regulations, 2019;

e)Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2019.

•The Ministry of Labour and Employment has passed a Notification declaring certain services to be a public utility service.

•MoHFW has published Drugs and Cosmetics (…. Amendment) Rules, 2019 and Drugs and Cosmetics (Fourth Amendment) Rules, 2019.

•eForm INC.22A - ACTIVE (Active Company Tagging Identities and Verification) is available on MCA21 from February 25, 2019.

•DPIIT has published Registration and Licensing of Industrial Undertaking (Amendment) Rules, 2019.

•TNPCB issued guidelines for manufacturing industries to switch over the manufacture of other plastic products which are not in the scope of ban.

 

Avantis Regtech Newsletter_Issue 9 of 2019