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Notification No. 84 /2011 - Customs
Posted Date : 05-Sep-2011 , 04:06:10 am | Posted By: Vasu Butti

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 84 /2011 - Customs New Delhi, the 01stSeptember, 2011 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendm...

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Category : Custom | Comments : 0 | Hits : 272

AGREEMENT FOR AVOIDANCE OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION WITH SINGAPORE - SECOND PROTOCOL AMENDING SAID AGREEMENT.
Posted Date : 05-Sep-2011 , 03:49:46 am | Posted By: Neha Jain

NOTIFICATION NO. 47/2011 DATED 1-9-2011 Whereas the Second Protocol amending the agreement between the Government of the Republic of India and the Government of the Republic of Singapore for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income (hereinafter referred to as "Protocol") signed in India on the 24th day of June, 2011 shall enter into force on the 1st day of September, 2011, being the first day of the month after the date of the l...

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Category : Income Tax | Comments : 0 | Hits : 273

Customs Regarding imposing safeguard duty on N1, 3-dimethyl butyl-Nphenylenediamine
Posted Date : 03-Sep-2011 , 04:36:38 am | Posted By: Neha Jain

Notification No.83/ 2011-Customs Regarding imposing safeguard duty on N1, 3-dimethyl butyl-Nphenylenediamine September, 02nd 2011 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance Department of Revenue Notification No.83/ 2011-Customs New Delhi, dated the 30th August, 2011 G.S.R. (E). Whereas, in the matter of import of N1, 3-dimethyl butyl-Nphenylenediamine (PX-13...

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Category : Custom | Comments : 0 | Hits : 227

OPENING AND MAINTENANCE OF RUPEE/FOREIGN CURRENCY VOSTRO ACCOUNTS OF NON-RESIDENT EXCHANGE HOUSES
Posted Date : 01-Sep-2011 , 04:07:55 am | Posted By: Neha Jain

OPENING AND MAINTENANCE OF RUPEE/FOREIGN CURRENCY VOSTRO ACCOUNTS OF NON-RESIDENT EXCHANGE HOUSES A.P. (DIR SERIES) CIRCULAR NO. 09/A.P.(FL/RL SERIES) CIRCULAR NO. 01, DATED 29-8-2011 Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the A.P.(DIR Series) No.28 [A.P(FL/RL Series) Circular No. 02] dated 6-2-2008 on the Memorandum of instructions for Opening and Maintenance of Rupee/Foreign Currency Vostro accounts of Non-resident Exchange Houses and the sub...

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Category : FEMA | Comments : 0 | Hits : 267

SECTION 4 OF THE SPECIAL ECONOMIC ZONES ACT, 2005 - GIFT SEZ LTD.
Posted Date : 01-Sep-2011 , 04:06:07 am | Posted By: Neha Jain

SECTION 4 OF THE SPECIAL ECONOMIC ZONES ACT, 2005 - GIFT SEZ LTD. NOTIFICATION NO. S.O. 1910(E), DATED 18-8-2011 WHEREAS M/s. GIFT SEZ Limited, has proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act), to set up a sector specific Special Economic Zone for multi-services at Villages Phirozpur and Ratanpur, District Gandhinagar in the State of Gujarat; AND WHEREAS, the(Central Government is satisfied that requiremen...

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Category : Income Tax | Comments : 0 | Hits : 453

INVESTMENT IN VENTURE FUNDS - CLARIFICATION
Posted Date : 01-Sep-2011 , 04:03:35 am | Posted By: Neha Jain

INVESTMENT IN VENTURE FUNDS - CLARIFICATION CIRCULAR NO. IRDA/F&I/CIR/INV/203/2011, DATED 30-8-2011 IRDA, vide circular INV/CIR/008/2008-09, Dt. 30th July, 2008 amended Circular INV/CIR/007/2003-04 Dt. 15th Dec., 2003 issued for Insurer's investment in Venture Funds. Para 8(2) of Annexure II of the said circular requires Venture Fund to invest in Infrastructure Projects as defined under IRDA (Registration of Indian Companies) Regulations, 2000 as amended from time to time. Circ...

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Category : SEBI | Comments : 0 | Hits : 375

Regarding Change of designation of officers representing CBEC in the CESTAT
Posted Date : 30-Aug-2011 , 08:21:13 am | Posted By: CASANSAAR

Circular No. 951/12/2011 -CX F. No. 390/Misc./80/2011-JC Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Customs) ..... New Delhi, dated the 26thAugust, 2011 To, 1.All Chief Commissioners and Director Generals under the Central Board ofExcise and Customs. 2.CDR, Customs, Excise & Service Tax Appellate Tribunal. 3. All Commissioners of Customs / Central Excise/ Service Tax / All Joint Chief Departmental Representatives 4.Joi...

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Category : Excise | Comments : 0 | Hits : 280

Regarding issue of Customs House Agent License
Posted Date : 30-Aug-2011 , 08:19:57 am | Posted By: CASANSAAR

Circular No.38/2011-Customs F.No.502/13/2011-Cus.VI Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs 227-B, North Block, New Delhi-110001. 24thAugust, 2011. To All Chief Commissioners of Customs / Customs (Prev.). All Chief Commissioners of Customs & Central Excise. All Director Generals under CBEC. All Commissioners of Customs / Customs (Prev.). All Commissioners of Customs (Appeals). All Commissioners of Customs &...

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Category : Custom | Comments : 0 | Hits : 245

Centralised payment of court fee, w.e.f. 1.9.2011, by the Directorate of Legal Affairs in appeals filed before the Supreme Court
Posted Date : 29-Aug-2011 , 11:29:11 am | Posted By: Ashish Karundia

F. No. 275/05/2011-CX.8A Government of India Ministry of Finance Department of Revenue Central Board of Excise & Custom ***** 5th Floor, Hudco Vishala Building, Bhikaji Cama Place, R.K. Puram, New Delhi -110066 Dated the 25th August, 2011 To, The Chief Commissioner of Customs / Central Excise (All) Director General of Revenue Intelligence/ Director General of Central Excise Intelligence/ The Commissioner of LTU (All) [email protected] Sir/Madam, Subject: Ce...

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Category : Excise | Comments : 0 | Hits : 383

Electronic filing of service tax return made mandatory for all
Posted Date : 26-Aug-2011 , 05:03:58 am | Posted By: CASANSAAR

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) ***** Notification No. 43/2011 – Service Tax New Delhi, the 25thAugust 2011 Bhadra3, 1933 (Saka) G.S.R. 642 (E).- In exercise of the powers conferred by sub-section (1) read with sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend...

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Category : Service Tax | Comments : 0 | Hits : 748

Classification of Chloroparaffins /Chlorinated Paraffins
Posted Date : 24-Aug-2011 , 09:54:01 am | Posted By: Ashish Karundia

Circular No.950 /1/2011-CX F.No.126/1/2009-CX3 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs *** NewDelhidated the01stAugust, 2011 To All Chief Commissioners of Central Excise All Chief Commissioners of Central Excise and Customs All Directors Generals under CBEC SSSSS Subject:Classification of Chloroparaffins /Chlorinated Paraffins -reg. *** Sir/Madam, References were received that divergent practices were being fol...

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Category : Excise | Comments : 0 | Hits : 350

monetary limits for filing appeals by the Department before CESTAT/High Courts and Supreme court
Posted Date : 24-Aug-2011 , 09:51:10 am | Posted By: Ashish Karundia

F.No.390/Misc./163/2010-JC Ministry of Finance Department of Revenue Central Board of Excise & Customs ***** New Delhi17thAugust2011 INSTRUCTION To, 1.All Chief Commissioners and Directors General under the Central Board of Excise and Customs. 2.CDR, Customs, Excise & Service Tax Appellate Tribunal. 3.All Commissioners of Customs/Central Excise/Service Tax/All Joint Chief Departmental Representatives/Commissioner, Directorate of Legal Affairs. 4.<[email protected]

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Category : Excise | Comments : 0 | Hits : 469

Service tax on fee charged for issuance of Country of Origin Certificate (COOC)- regarding.
Posted Date : 24-Aug-2011 , 09:49:35 am | Posted By: Ashish Karundia

Circular No. 145/14/ 2011 – ST F.No.332/11/2011-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit North Block, New Delhi 19thAugust, 2011 To Chief Commissioners of Central Excise and Service Tax (All), Director General (Service Tax), Director General (Central Excise Intelligence), Director General (Audit), Commissioners of Service Tax (All), Commissioners of Central Excise and Service Tax (All). Mad...

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Category : Service Tax | Comments : 0 | Hits : 238

Clarification on levy of service tax on distributors/sub-distributors of films & exhibitors of movie
Posted Date : 24-Aug-2011 , 04:26:34 am | Posted By: Ashish Karundia

[Draft Circular for seeking feedback / Inputs] Circular No._____/_____/ 2011 – ST F.No.354/27/2011-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit 153 North Block, New Delhi Dated _______ To Chief Commissioners of Central Excise and Service Tax (All), Director General (Service Tax), Director General (Central Excise Intelligence), Director General (Audit), Commissioners of Service Tax (All), Commis...

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Category : Service Tax | Comments : 0 | Hits : 320

Regarding Authorized Economic Operator (AEO) programme for implementation
Posted Date : 24-Aug-2011 , 02:43:45 am | Posted By: CASANSAAR

Circular No.37/2011-Customs F.No.450/179/2009-Cus.IV(Pt) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs 227-B, North Block, New Delhi-110001. 23rdAugust, 2011. To All Chief Commissioners of Customs / Customs (Prev.). All Chief Commissioners of Customs & Central Excise. All Commissioners of Customs / Customs (Prev.). All Commissioners of Customs & Central Excise. AllDirector Generals under CBEC. Subject:Authorized...

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Category : Custom | Comments : 0 | Hits : 263

Deferrement of date of applicability of IFRS
Posted Date : 23-Aug-2011 , 05:54:05 am | Posted By: Ashish Karundia

PRESS RELEASE Reliable, consistent and uniform financial reporting is important part of good corporate governance practices worldwide in order to enhance the credibility of the businesses in the eyes of investors to take informed investment decisions. In pursuance of G-20 commitment given by India, the process of convergence of Indian Accounting Standards with IFRS has been carried out in Ministry of Corporate Affairs through wide ranging consultative exercise with all the stakeholders. Thirt...

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Category : Corporate Laws | Comments : 0 | Hits : 806

Deduction of Tax at source from salaries
Posted Date : 23-Aug-2011 , 04:01:46 am | Posted By: Ashish Karundia

1 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES DEDUCTION OF TAX AT SOURCE — INCOME–TAX DEDUCTION FROM SALARIES UNDER SECTION 192 OF THE INCOME–TAX ACT, 1961 DURING THE FINANCIAL YEAR 2011-2012 CIRCULAR NO. 05/2011 NEW DELHI, dated 16.08.2011 2 INDEX Para No. Page Nos. 1. General 3 2. Finance Act, 2011 3 3. Section 192 of Income-tax Act 1961 5 4. Persons responsible for deducting tax and their duties 8 5. Est...

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Category : Income Tax | Comments : 0 | Hits : 943

Amendment to Circular No. 54/2004-Customs dated 13.10.2004 regarding waiver from the requirement of Bank Guarantee in respect of EOUs
Posted Date : 18-Aug-2011 , 08:22:09 am | Posted By: CASANSAAR

Circular No. 36/2011-Customs F. No. DGEP/EOU/18/2011 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi dated 12 August, 2011. To All Chief Commissioners of Customs / Customs (Prev) All Chief Commissioners of Customs & Central Excise All Commissioners of Customs / Customs (Prev) All Commissioners of Customs (Appeals) All Commissioners of Customs & Central Excise All Commissioners of Customs & Cen...

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Category : Custom | Comments : 0 | Hits : 317

Corrigendum to Company Law Settlement Scheme, 2011
Posted Date : 12-Aug-2011 , 08:15:01 am | Posted By: CASANSAAR

General Circular No. 60/2011, Dated the 10thAug, 2011 F. No. 2/11/2011-CL V Subject: Corrigendum to Company Law Settlement Scheme, 2011 In continuation of the Ministry’sGeneral Circular No. 59/2011dated 5.8.2011 on the subject cited above, it is stated that the said scheme shall be applicable to Form 52 (filing of annual accounts by a foreign company) as foreign companies are included in the scheme. 2. All the terms and conditions of the General Circular No. 59/2011 dated 5.8.201...

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Category : Corporate Laws | Comments : 0 | Hits : 334

Regarding prohibition on carrying rice in baggage by air passengers travelling to USA
Posted Date : 09-Aug-2011 , 08:28:53 am | Posted By: CASANSAAR

Circular No.34 / 2011- Customs F.No. 528/34/2011-STO (TU) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Tariff Unit *** 229A, North Block, New Delhi - 1, 3rdAugust, 2011. To All Chief Commissioners of Customs / Customs (Prev.), All Chief Commissioners of Customs & Central Excise, All Commissioners of Customs / Customs (Prev.), All Commissioners of Customs & Central Excise, AllDirector Generals under CBEC. Sir...

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Category : Custom | Comments : 0 | Hits : 315

Company Law Settlement Scheme,2011
Posted Date : 06-Aug-2011 , 12:00:42 pm | Posted By: CASANSAAR

General Circular No.59 /2011, Dated the 05th Aug, 2011 Subject: Company Law Settlement Scheme, 2011 It has been observed that a large number of companies are not filing their due statutory documents (i.e. Balance Sheets and Annual Returns) timely with the Registrar of Companies. Due to this, the records available in the electronic registry are not updated and thereby are not available to the stakeholders for inspection. Further, due to not filing the documents on time, companies are burd...

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Category : Corporate Laws | Comments : 0 | Hits : 339

Notification - CPT December 2011 Examinations
Posted Date : 04-Aug-2011 , 07:23:01 am | Posted By: CASANSAAR

No.13-CA (EXAM)/CPT/ December/2011: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Common Proficiency Test (Paper- Pencil Mode) will be held on Sunday, 18th December, 2011 in two sessions as below, at the following centres provided that sufficient number of candidates offer themselves to appear from each centre. Click here for more detail...

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Category : Students Zone | Comments : 2 | Hits : 2313

Income Tax Notification No. 40/2011 - Section 10(6C) of the IT ACT, 1961 - Income arising to foreign company by way of fees for Technical Services
Posted Date : 03-Aug-2011 , 11:57:44 am | Posted By: CA ANKUR KAPIL

-COPY OF- INCOME TAX NOTIFICATION NO. 40/2011 [ DATED 29-7-2011 SECTION 10(6C) OF THE INCOME-TAX ACT, 1961 - INCOME ARISING TO FOREIGN COMPANY BY WAY OF FEES FOR TECHNICAL SERVICES - NOTIFIED FOREIGN COMPANY - EADS DEUTSCHLAND GmbH, GERMANY NOTIFIED U/S 10(6C) In exercise of the powers conferred by clause ( 6C ) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government herby notifies that any income arising to M/s. EADS Deutschland GmbH Worthstrable ...

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Category : Income Tax | Comments : 0 | Hits : 719

Master Circular on Prosecution of Directors
Posted Date : 02-Aug-2011 , 10:55:17 am | Posted By: CASANSAAR

Master Circular No. 1/2011, Dated the 29th July, 2011 No.3/57/2011/CL- II, Sub: Master Circular on Prosecution of Directors – Regarding The question of treating a person as an officer in default by ROCs when prosecutions are launched against a company and its directors for violations under Companies Act, 1956 has come up for examination time and again. The Department has issued various circulars in this regard so far. It may be recollected that the Department vide circular No.42/7/7...

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Category : Corporate Laws | Comments : 0 | Hits : 312

Corrigendum to General Circular No. 54/2011
Posted Date : 02-Aug-2011 , 10:49:32 am | Posted By: CASANSAAR

F. No. 35/6/2011/InsolvencyGovernment of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhavan,Dr. R.P. Road, New Delhi-110001Dated 1st August, 2011 To All Regional Directors All ROCs All Official Liquidators Subject: Corrigendum to General Circular No. 54/2011. *** In view of the representations from professional Institutes, it has been decided to amend Para (c) the Circular No. 54/2011 dated 26th July, 2011. Para (c) of the said Circular may be read as u...

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Category : Corporate Laws | Comments : 0 | Hits : 250

Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language(XBRL) mode
Posted Date : 02-Aug-2011 , 10:44:16 am | Posted By: CASANSAAR

Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language(XBRL) mode. Click Here...

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Category : Corporate Laws | Comments : 0 | Hits : 236

Regarding clarification on “Completion of service”
Posted Date : 31-Jul-2011 , 06:05:47 am | Posted By: CASANSAAR

Circular No. 144/13/ 2011 – ST F.No.354/93/2011-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit North Block, New Delhi 18th July, 2011 To Chief Commissioners of Central Excise and Service Tax (All), Director General (Service Tax), Director General (Central Excise Intelligence), Director General (Audit), Commissioners of Service Tax (All), Commissioners of Central Excise and Service Tax (All). ...

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Category : Service Tax | Comments : 0 | Hits : 331

Export warehousing – Regarding Extension of facility at Tijara Tehsil of Alwar District in the state of Rajasthan
Posted Date : 31-Jul-2011 , 06:03:59 am | Posted By: CASANSAAR

Circular No. 949/10/2011-CX F.No.209/02/2011-CX.6(Pt.)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise & Customs ****** New Delhi, The Dated 19th July, 2011 To, The Director General(All) The Chief Commissioner of Central Excise(All) The Commissioner of Central Excise(All) Subject:- Export warehousing –Extension of facility at Tijara Tehsil of Alwar District in the state of Rajasthan - regarding. I am directed to refer to Board’s C...

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Category : Excise | Comments : 0 | Hits : 413

Regarding making E-payment of Customs duty mandatory
Posted Date : 31-Jul-2011 , 05:58:49 am | Posted By: CASANSAAR

Circular No. 33/2011-Customs F.No.450/180/2009-Cus.IV(Pt.) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ***** 229-A, North Block, New Delhi, 29th July, 2011. To, All Chief Commissioners of Customs All Chief Commissioners of Central Excise and Service Tax Subject: Making E-payment of Customs duty mandatory-regarding. Sir / Madam, E-payment facility at Customs locations was introduced in 2007 and is avai...

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Category : Custom | Comments : 0 | Hits : 431

Regarding leviability of Cess on export of Lac/shellac
Posted Date : 31-Jul-2011 , 05:57:05 am | Posted By: CASANSAAR

Circular No. 32 /2011-Customs F. No. 341/26/2011-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit *** New Delhi dated 26th July, 2011 To All Chief Commissioners of Customs / Customs (Prev.), All Chief Commissioners of Customs & Central Excise, All Commissioners of Customs / Customs (Prev.), All Commissioners of Customs & Central Excise, AllDirector Generals under CBEC. Subject: Leviability of Cess on export of Lac/shellac - regardi...

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Category : Custom | Comments : 0 | Hits : 242

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