OFFICE OF THE PRINCIPAL COMMISSIONER OF CUSTOMS, JAWAHAR LAL NEHRU CUSTOM HOUSE, NHAVA- SHEVA TAL-URAN, RAIGAD - 400 707, MAHARASHTRA F.No.S/26-Misc-162/2019-20 AEO Cell Part-I Date: 22.01.2021 PUBLIC NOTICE NO. 08/2021 DIN : 20210178000000000D0B Subject: - reg- ******** Kind attention of all Importers, Exporters, Members of Trade and Industry Associations and Stakeholders is drawn to the CBEC Circular No. 33/2016 dated 22.07.2016 (as amended), and Circular No. 54/2020... ... ...

Nairobi, Sep 10 (AP) Africa's imports of electric motorcycles and three-wheelers from China rose sharply in the first half of 2026, an increase that highlights a divide in the continent's transition to electric vehicles. Two and three-wheelers account for a large share of vehicles on African roads and are heavily used commercially. So, switching to electric from gasoline and diesel engines could cut fuel consumption and urban air pollution. Northern African countries like Morocco, Egypt ... ... ...

Mumbai (Maharashtra) [India], September 10: Maharaja & Speedex India Limited a manufacturer and distributor of stainless-steel bottles and allied drinkware products, proposes to open its Initial Public Offering on Thursday, September 10, 2026, aiming to raise ? 80.13 Crores (At Upper Price Band) with shares to be listed on the BSE SME platform. The offer size is 43,08,000 equity shares of face value of ? 10 each with a price band of ?177 – ?186 Per Share. Equity Share Allocation • QIB P... ... ...

13. : (1) On and from the commencement of these regulations: (a) The provisions of the Insurance Regulatory and Development Authority (Manner of Receipt of Premium) Regulations, 2002, shall cease to apply in an International Financial Services Centre; and (b) Clause (2) under Chapter - 2 of International Financial Services Centres Authority (Operations of International Financial Services Centres Insurance Offices) Guidelines, 2021, shall stand omitted. (2) An IIO operatin... ... ...

12. : (1) In order to remove any difficulty in the application or interpretations of the provisions of these regulations, the Authority may issue clarifications through guidance notes or circulars. (2) The Authority, for reasons to be recorded in writing, may in the interest of development of financial market, relax the strict enforcement of any requirement of these regulations, upon payment of fee, if any, as may be specified by the Authority. =============... ... ...

11. : For the purpose of implementation of these regulations and matter incidental thereto, or in order to facilitate and regulate financial services related to insurance and reinsurance in an International Financial Services Centre (IFSC), the Authority may specify norms, procedures, processes, manners including relaxations therefrom, if any, by way of guidelines or circulars. =============... ... ...

CHAPTER IV MISCELLANEOUS 10. : Every IIO at all times shall have a Board approved policy on mitigation of credit risk, inter-alia, indicating therein the downsides of non-payment of premium by the insured. =============... ... ...

CHAPTER - III REFUND OF PREMIUM TO THE INSURED 9. Any refund of premium, which may become due to an insured on account of cancellation of a policy or alteration of any term and condition or otherwise, shall be paid by the IIO directly to the insured in any manner specified in sub-regulation (1), (3) and (4) of regulation 4 of these regulations and shall in no case be credited to the account of the agent. =============... ... ...

8. - (1) the risk may be assumed without payment of premium in advance on insurances accepted under automatic reinsurance contracts; (2) In the case of facultative reinsurance, risk may be assumed without payment of premium in advance in accordance with the terms of the Premium Payment Warranty clause, if incorporated in the contract of insurance; (3) Reinsurers shall have systems in place to ensure that all premiums receivable are duly received and accounted for. ... ... ...

7. The contract of insurance shall, inter-alia, specify the following: (1) the manner and time schedule of payment of premium in full or in instalments; (2) grace period, if any and consequence of non-payment of premium within such grace period; (3) conditions for the revival of lapsed policy, if any; (4) date of commencement of risk ; (5) date of termination of risk upon non-payment or non-realization of premium taking into account the line of busine... ... ...

6. An IIO and prospect or insured, as the case may be, may mutually agree for payment of premium in instalments, time schedule and manner of payment of such instalments by incorporating a premium payment warranty clause in the contract of insurance. =============... ... ...

5. - For the purposes of these regulations, an IIO may assume the risk, continue to assume the risk or terminate any assumption of risk, subject to satisfaction of the following - (a) the premium payable is received by it; (b) the premium payable is guaranteed in terms of sub-regulation (2) of regulations 4 of these regulations; (c) the deposit of such amount, as the Authority may specify, is made in advance for adjustment towards premium; or (d) the premi... ... ...

OFFICE OF THE PR. COMMISSIONER OF CUSTOMS (NS- I), APPRAISING MAIN (IMPORT) JAWAHARLAL NEHRU CUSTOM HOUSE, TAL- URAN, DISTRICT- RAIGAD, MAHARASHTRA-400707 FN. S/22-Gen-20/2020-21/AM (I)/JNCH Dated: 29.01.2021 PUBLIC NOTICE NO. - 12/2021 DIN-20210178NW0000666AD1 Subject: -reg. Attention of Importers/Exporters, Custom Brokers, Trade and other stakeholders is invited to ICES Advisory No. 05/2021 dated 28.01.2021 issued by CBIC on the above subject. 2. The Union Budget... ... ...

CHAPTER - II MANNER OF PAYMENT, RECEIPT OF PREMIUM AND ASSUMPTION OF RISK 4. The premium to be paid by a person proposing to take an insurance policy (hereinafter referred to as the 'proposer') or by a policyholder to an IIO may be made through any of the following manner(s), namely:- (1) recognised instrument of payment using banking channels including payment made through electronic mode; (2) bank guarantee or equivalent instrument issued by any bank in favour of the II... ... ...

3. - (1) In these regulations, unless the context otherwise requires - (a) 'Act' means the International Financial Services Centres Authority Act, 2019 (50 of 2019); (b) 'Authority' or 'IFSCA' means the International Financial Services Centres Authority established under sub-section (1) of Section 4 of the Act; (c) 'cash deposit' means deposit of cash by the insured, policy holder or proposer to the IIO in advance towards adjustment of premium; (d) 'grace ... ... ...

Premium payment, risk assumption, receipt and refund mechanisms for insurance business in International Financial Services Centres are governed by conditions aligned with Section 64 VB of the Insurance Act, 1938. The framework prescribes the manner of premium payment, assumption of risk, receipt or refund of premiums, and related terms and conditions.

Manner of payment and receipt of premium within International Financial Services Centres is governed by the International Financial Services Centres Authority (Manner of Payment and Receipt of Premium) Regulations, 2022. Commencement occurs on publication in the Official Gazette, and applicability extends to all IIOs, bringing them within the premium payment and receipt framework.

GST transitional-credit claims through TRAN-1 and TRAN-2 could be filed or revised during a one-time portal facility. Applicants had to upload the prescribed declaration, upload TRANS-3 where Credit Transfer Document-based credit was claimed, and submit self-certified copies and supporting material to the jurisdictional tax officer within seven days. Form details could be amended only before submission; once submitted, the form was frozen and no further filing or revision was permitted. Claims were subject to verification, production of records where required, reasonable opportunity of hearing, and reflection of allowed credit in the Electronic Credit Ledger.

SH. N. K. BILLAIYA, ACCOUNTANT MEMBER AND SH. KUL BHARAT, JUDICIAL MEMBER For the Appellant : Sh. Subhra Jyoti Chakrabotry, CIT DR For the Respondent : Sh. Ved Jain, Advocate Ms. Supriya Mehta, CA ORDER PER N. K. BILLAIYA, AM: This appeal by the revenue is preferred against the order of the CIT(A)- 16, Delhi dated 25.09.2014 pertaining to A.Y. 2007-08. 2. The solitary grievance of the revenue is that the CIT(A) erred in allowing the appeal of the assessee by holding that the pr... ... ...

INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 12th January, 2023 IFSCA/2022-23/GN/REG032.-In exercise of the powers conferred by Section 28 read with Sections 12 and 13 of the International Financial Services Centres Authority Act, 2019, and clause (zaa) of sub-section (2) of Section 114A of the Insurance Act, 1938, read with Ministry of Finance, Department of Financial Services, notification number S.O. 3035(E) dated 04th July, 2022, the Internati... ... ...