Haryana Factories Annual return revised
The labour department of Haryana vide notification dated 30th August 2019 has amendment the Punjab Factories Rules 1952 which shall be applicable to the state of Haryana. Through this amendment the Government of Haryana has changed the format of the Factories Annual return to make it harmonious with common return format at Shram Suvidha Portal.
CBIC Clarifies Norms for Execution of Bank Guarantee in the wake of new GST regime
The central board of indirect taxes and customs in its circular dated 13th September 2019, has revised certain norms for execution of bank guarantee under Advance Authorisation (AA), Duty Free Import Authorisation(s) (DFIA) and Export Promotion Capital Goods (EPCG) schemes and has also made clarification as to what should be the basis for waiver of Bank Guarantee to be executed with Customs in the Goods and Services Tax (GST) regime under schemes in respect of manufacturer exporters/service providers.
Draft amendment to FSSAI regulation on Fortified foods
The Food Safety and Standards Authority of India has published a draft Food Safety and Standards (Fortification of Foods) Amendment Regulations, 2019 which requires manufacturers of fortified foods to disclosure declared value of micronutrients on label with a maximum tolerance of +/- 10 percent.
