The University Grants Commission (UGC) on June 30, 2020 invites applications from institutions for running skill-based programmes under National Skills Qualifications Framework (NSQF) for the academic year 2020-21. The applications shall be submitted through online portal. The last date for submission of the applications has now been extended from June 30, 2020 to July 20, 2020.

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The University Grants Commission (UGC) on July 08, 2020 issues the Standard Operating Procedure (SOP) for conduct of examinations.

The following SOP has been issued:-

Ø  The instructions, guidelines and orders issued by Central and State Governments to be followed concerning the opening of educational institutions and safety and health.

Ø  The identity cards issued to the students should be treated as pass for movement of students.

Ø  Examination centre floors, washrooms, classrooms, restrooms should be sprayed with disinfectant.

Ø  Senior staffs should monitor the entry and exit and should be proper markings with at least two meter distance where students shall stand in a queue.

Ø  Students having symptoms of fever, cough and cold should be either made to sit separately.

Ø  Cleanliness and hygienic conditions as per safety and health advisories of the concerned government departments are to be maintained at all places.

Ø  Proper signages, symbols, posters etc. should be displayed at appropriate place to maintain social distancing.

[UGC Letter No. D.O.No.F.1-1/2020 (Secy)]

Get all UGC Updates in one place, Subscribe us to never miss an update from UGC, Goal of AVACOM for compliance officers is to understand legal updates in India and how the company needs to file the compliances to avoid fines and penalties, it is achieving that goal, so it can be documented and as necessary, shown to regulators or other stakeholders who might be asking about the company’s compliance program.

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The Central Board of Indirect Taxes and Customs (CBIC) on June 30, 2020, has amended the tariff Notification in respect of fixation of tariff value of the following goods:

• Crude Palm Oil
• RBD Palm Oil
• Others – Palm Oil
• Crude Palmolein
• RBD Palmolein
• Others – Palmolein
• Crude Soya bean Oil
• Brass Scrap (all grades)
• Poppy seeds
• Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated June 30, 2017 is availed.
• Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated June 30, 2017 is availed.
• Areca nuts

The Table 1, 2 and 3 provided in the Notification will be substituted for the existing tables in its parent Notification. These tables contain the details about Chapter headings, descriptions of goods and tariff value.

[Notification No. 54/2020-CUSTOMS (N.T.)]  

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The State Government of Bihar on July 02, 2020, publishes the Bihar Goods and Services Tax (Second Amendment) Ordinance, 2020, to further amend the Bihar Goods and Services Tax Act, 2017.

The following amendments are as under:

• Under section 10(2) which specifies the provisions for composition levy, in clauses (b), (c) and (d) along with the words supply “of goods” the words “or services” has been inserted.
• Under section 16(4) which specifies the eligibility and conditions for taking input tax credit, the words “invoice relating to such” has been omitted.
• Under section 30(1) which specifies the procedure for Revocation of cancellation of registration, the proviso has been substituted:

Provided that such period may, on sufficient cause being shown, and for reasons to be recorded in writing, be extended:

(a) by the Additional Commissioner or the Joint Commissioner, as the case may be, for a period not exceeding thirty days;

(b) by the Commissioner, for a further period not exceeding thirty days, beyond the period specified in clause (a)

• Under section 51 which specifies the procedure for tax deduction at source, sub-section (3) has been substituted and sub-section (4) has been omitted.
• Section 122 which specifies penalty for certain offences, sub-section (1A0 has been inserted:

Any person who retains the benefit of a transaction covered under clauses (i), (ii), (vii) or clause (ix) of sub-section (1) and at whose instance such transaction is conducted, shall be liable to a penalty of an amount equivalent to the tax evaded or input tax credit availed of or passed on.

[Bihar Ordinance No. 09, 2020] 

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Please visit our website http://www.avantis.co.in or Call us at 8893594595 for details or write to us at sales@avantis.co.in to schedule a demo.