Customs Tariff (Determination of Origin of Goods under the India-Australia Economic Cooperation and Trade Agreement) Rules, 2022 takes effect from 29.12.2022.With effect from 20.12.2022 for five years, Anti-Dumping duty is applicable on Stainless-Steel Seamless Tubes and Pipes originating in or exported from China PR.
From 29.12.2022 Electronic platform for Certificates of Origin (eCoO) is abled for issuing Preferential Certificates of Origin for exports to Australia under India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA).
SPECIAL ECONOMIC ZONE
Letter of approval was granted to M/s. Siemens Healthcare Private Limited for development, operation and maintenance of the above Special Economic Zone in 3.0315 hectares area at Bommasandra Village Anekal Taluk, Bangalore District, in the State of Karnataka.
The 9th Session of the India Russia Working Group on Modernization & Industrial Cooperation on Trade, Economic, Scientific, Technological and Cultural Cooperation was held on December 23, 2022 in New Delhi.SEBI has issued Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors laying down the operational guidelines under the SEBI (Foreign Portfolio Investors) Regulations, 2019.
RBI has issued Master Directions on Foreign Exchange Management (Hedging of Commodity Price Risk and Freight Risk in Overseas Markets) Directions, 2022 laying down the modalities for Authorised Dealer Category- I (‘AD Cat- I’) banks.