Amends Notification No. 12/97 – Customs(N.T.) dated the 2nd April, 1997
Posted Date : 01-Mar-2012 , 07:29:56 am | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 12/2012 - Customs (N.T.)
New Delhi, dated the 27thFebruary, 2012
G.S.R…..(E).-In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 12/97-Cust...
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Rate of exchange of conversion of each of the foreign currency with effect from 1st March, 2012
Posted Date : 01-Mar-2012 , 07:29:13 am | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
NOTIFICATIONNO.14/2012-CUSTOMS (N.T.)
DATED THE 27thFebruary, 2012
8Phalguna, 1933(SAKA)
S.O.(E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.9/2012-CUSTOMS (N.T.), dated the 30thJanuary, 2012videnumber S.O. 189 (...
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Custom |
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Import of Gold on Loan Basis - Tenor of Loan and Opening of Stand - By Letter of Credit
Posted Date : 28-Feb-2012 , 07:46:51 am | Posted By: CASANSAAR
RBI/2011-12/411A.P. (DIR Series) Circular No. 83
February 27, 2012
To
All Category – I Authorised Dealer Banks
Madam / Sir,
Import of Gold on Loan Basis-Tenor of Loan and Opening of Stand - By Letter of Credit
Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to theA.P.(DIR Series) Circular No. 34 dated February 18, 2005, in terms of which the maximum tenor of gold loan was notified as 240 days consisting of 60 days for manufacture and e...
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FEMA |
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Section 80-IA of the Income-tax Act, 1961 - Deductions - Profits and gains from industrial infrastructure undertakings, etc. - Notified undertakings
Posted Date : 26-Feb-2012 , 10:12:33 am | Posted By: Mrattunjay
WHEREAS the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) vide number S.O. 193(E), dated the 30th March, 1999, for the period beginning on the 1st day of Apr...
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Income Tax |
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Amendment in SION, A1790 and A1834.
Posted Date : 26-Feb-2012 , 09:58:56 am | Posted By: Mrattunjay
GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE
PUBLIC NOTICE NO.98(RE:2010)/2009-2014
NEW DELHI : DATED :10.02.2012
Subject: Amendment in SION, A1790 and A1834.
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures, Vol.2, 2009-2014.
In SION No.A1790 of Ch...
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DGFT |
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Regarding toll in the nature of ‘user charge’ or ‘access fee’ paid by roads users
Posted Date : 26-Feb-2012 , 09:52:38 am | Posted By: Mrattunjay
Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Tax Research Unit)...
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Service Tax |
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mport policy of arms and ammunition for Specified Sportspersons / Sport Bodies, amendment thereof
Posted Date : 26-Feb-2012 , 09:44:36 am | Posted By: Mrattunjay
S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendments in the Schedule 1 (Imports) of the ITC (HS) Classifications of Export and Import Items:
Existing Import Licensing Note (1) in Chapter 93 of ITC (HS) Classifications of Export and Import Items prior to this amendment is extracted below: “Import of a...
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DGFT |
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Minimum Export Price of Onions
Posted Date : 26-Feb-2012 , 09:42:01 am | Posted By: Mrattunjay
Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan
Notification No 96 (RE – 2010)/2009-2014
New Delhi, Dated: 15th February, 2012
Subject:- Minimum Export Price of Onions.
S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government makes the following amendment in Notification No 94(RE &n...
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DGFT |
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Amendment in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items relating to export of Basmati Rice
Posted Date : 26-Feb-2012 , 09:39:21 am | Posted By: Mrattunjay
Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan
Notification No. 97 (RE-2010) /2009-2014
New Delhi, Dated 21st February, 2012
Subject: Amendment in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items relating to export of Basmati Rice
S.O.(E) In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 2.1 ...
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DGFT |
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Regarding Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010
Posted Date : 25-Feb-2012 , 08:34:37 am | Posted By: CASANSAAR
Circular No. 05 / 2012 - Customs
F.No.450/122/2010-Cus-IV
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Room No. 229-A, North Block,
NewDelhi,dated 23rdFebruary, 2012.
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 Co...
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Custom |
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Leviability of service tax on toll fee
Posted Date : 25-Feb-2012 , 08:32:02 am | Posted By: CASANSAAR
Circular No. 152/3 /2012-ST,Dated- 22ndFebruary, 2012
Subject : Toll in the nature of ‘user charge’ or ‘access fee’ paid by roads users — regarding.
A representation has been received by the Board, seeking clarification regarding leviability ofservice taxon toll fee (hereinafter referred as ‘toll’) paid by users, for using the roads. The representation has been examined.
2.Service taxis not leviable on toll paid by the usersof roads, including t...
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Service Tax |
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Export of Goods and Services - Receipt of advance payment for export of goods Involving shipment (manufacture and ship) beyond one year
Posted Date : 22-Feb-2012 , 07:41:59 am | Posted By: CASANSAAR
RBI/2011-12/403A.P. (DIR Series) Circular No.81
February 21, 2012
To
All Category – I Authorised Dealer Banks
Madam / Sir,
Export of Goods and Services -Receipt of advance payment for export of goodsInvolving shipment (manufacture and ship) beyond one year
Attention of Authorised Dealer Category – I (AD Category I) banks is invited to the sub-regulation (2) of Regulation 16 of the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, notified videNotif...
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FEMA |
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CBDT exempts return-filing for salaried having total income upto Rs 5 lakh
Posted Date : 19-Feb-2012 , 08:17:52 pm | Posted By: CASANSAAR
In exercise of the power conferred by sub-section (IC) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby exempts the following class of persons, subject to the conditions specifiedhereinafter, from the requirement of furnishing a return of income under sub-section (1) of section 139 for the assessment year 2012-13, namely:-
1.Class of persons.-An Individualwhose total income for the relevant assessment year does not exceed five lakh rupees and consists of ...
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Clarification regarding admissibility of exemption under area-based Notifications No. 49/2003-CE and 50/2003-CE, both dated 10.06.2003 in specific situations
Posted Date : 17-Feb-2012 , 07:30:17 pm | Posted By: CASANSAAR
Circular No. 960/03/2012-CX
F. No. 110/03 /2011-CX-3
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
New Delhi, the17thFebruary, 2012
To
All Chief Commissioners of Central Excise & Customs,
All Chief Commissioners of Central Excise,
All Directors Generals
Sir/Madam,
Sub :Clarification regarding admissibility of exemption under area-based Notifications No. 49/2003-CE and 50/2003-CE, both dated 10.06.2003 in specific...
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Excise |
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Clarification regarding adoption of uniform Customs Procedure for calculating the contents of Iron Ore
Posted Date : 17-Feb-2012 , 07:29:04 pm | Posted By: CASANSAAR
CIRCULAR NO.04/2012-Cus
F. No. 450/93/2011-Cus.IV
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Customs-IV Section
**********
New Delhi, 17thFebruary, 2012
To
All Chief Commissioners of Customs,
All Chief Commissioners of Central Excise,
All Director Generals/Chief Departmental Representatives (CESTAT),
All Commissioners of Customs,
All Commissioners of Central Excise and
All Commissioners of Central Excise & Customs
...
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Custom |
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Export of Goods and Services- Simplification and Revision of Softex Procedure
Posted Date : 15-Feb-2012 , 08:32:27 pm | Posted By: CASANSAAR
RBI/2011/12/400A.P. (DIR Series) Circular No. 80
February 15, 2012
To
All Authorised Dealers in Foreign Exchange
Madam / Sir,
Export of Goods and Services-Simplification and Revision of Softex Procedure
Attention of the Authorised Dealers is invited to Regulation 6 of theNotification No.FEMA 23/2000-RB dated May 3, 2000viz. Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, as amended by theNotification No.FEMA 36/2001-RB dated February 2, 2001, in terms of...
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FEMA |
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Clarification - Purchase of Immovable Property in India – Reporting requirement
Posted Date : 15-Feb-2012 , 08:31:40 pm | Posted By: CASANSAAR
RBI/2011/12/399A.P. (DIR Series) Circular No. 79
February 15, 2012
To
All Authorised Dealers in Foreign Exchange
Madam / Sir,
Clarification - Purchase of Immovable Property in India –Reporting requirement
Attention of Authorised Dealer Category-I banks is invited to Regulation 5 ofNotification No. FEMA 21/2000-RBviz. Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India), Regulations, 2000 dated May 3, 2000, as amended from time to time. In terms ...
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FEMA |
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Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme
Posted Date : 15-Feb-2012 , 08:30:42 pm | Posted By: CASANSAAR
RBI/2011-12/398A.P. (DIR Series) Circular No. 78
February 15, 2012
To,
All Authorised Persons,
who are Indian Agents under Money Transfer Service Scheme.
Madam/ Dear Sir,
Anti-Money Laundering (AML) standards/Combating the Financing ofTerrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme
Attention of all the Authorised Persons, who are Indian Agents under Money Transfer Service Scheme (MTSS) is invited toA.P.(DIR Series) Circular Nos.22and24d...
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FEMA |
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Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Standards - Money changing activities
Posted Date : 15-Feb-2012 , 08:29:39 pm | Posted By: CASANSAAR
RBI/2011-12/397A.P. (DIR Series) Circular No. 77
February 15, 2012
To,
All Authorised Persons
Madam/ Dear Sir,
Anti-Money Laundering (AML) standards/Combating the Financing ofTerrorism (CFT) Standards - Money changing activities
Attention of the Authorised Persons is invited to theA.P.(DIR Series) Circular Nos.21and23dated September 19, 2011 on the risks arising from the deficiencies in AML/CFT regime of certain jurisdictions.
2. The Financial Action Task Force (FATF) has issued a...
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FEMA |
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FEMA: External Commercial Borrowings – Simplification of procedure
Posted Date : 13-Feb-2012 , 06:10:06 pm | Posted By: Akanksha Handa
RESERVE BANK OF INDIA
Foreign Exchange Department
Central Office
Mumbai - 400 001
RBI/2011-12/390
A.P. (DIR Series) Circular No. 75 February 07, 2012
To
All Authorised Dealer Category- I Banks
Madam / Sir,
External Commercial Borrowings – Simplification of procedure
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, notif...
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FEMA |
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MCA: Filing of conflicting returns by contesting parties - clarification regarding
Posted Date : 13-Feb-2012 , 09:39:45 am | Posted By: Akanksha Handa
General Circular No. 1/2012
F. No. 17/135/2011-CL V
Government of India
Ministry of Corporate Affairs
5th Floor, Shastri Bhavan,
Dr. Rajendra Prasad Road,
New Delhi-110001,
Dated the 10th February 2012
To,
All Regional Directors,
All Registrars of Companies
Sub: Filing of conflicting returns by contesting parties – clarification regarding
Sir,
I am directed to invite a reference to Ministry’s circular No. 19 and 20 of 2011 issued on 02.05.2011 laying down certain p...
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Corporate Laws |
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Extension of date of submission of DVAT Returns
Posted Date : 09-Feb-2012 , 02:09:11 pm | Posted By: CASANSAAR
Date of filing online DVAT returns for the tax period december 2011 & third quarter 2011-12 extended upto 17-02-2012 and last date for filing of hard copy also extended upto 21-02-2012. (Circular No. 18 of 2011-12 )
Click here to check the Circlar...
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VAT |
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Government Notifies Effective Date of Companies Secretaries ( Amendment) Act,2011
Posted Date : 06-Feb-2012 , 09:30:19 am | Posted By: Akanksha Handa
NOTIFICATION
NEW DELHI, 30 JANURAY 2011
S.NO:192(E).- In excersie of the power conferred by sub section (2) of section 1 of the Companies secretaries (Amendement) Act,2011 (No. 4 of 2012) the Central Government herebyappoints 1st day of February, 2012 as the date on which the provision of the said Act shall come into force.
...
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Corporate Laws |
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IIIOTiFiCATlrOl\\J Paryavaran Bhawan CGO Complex, Loclhi Road New Delhi-ll0003. Hi Dated I -J January, 2012. ~Io. A-19011/4/2007-P.1I (.) Consequent upon the inclusion of his name in the Select liSt
Posted Date : 05-Feb-2012 , 10:41:00 pm | Posted By: Mrattunjay
Government of IndiaMinistry of Environm-ont g, ForestsIIIOTiFiCATlrOl\JParyavaran BhawanCGO Complex, Loclhi RoadNew Delhi-ll0003.HiDated I -J January, 2012.~Io. A-19011/4/2007-P.1I (.) Consequent upon the inclusion of his name in the Select liStof Selection Gracie (Deputy Secretary) of CS5 for the year 2010 vide Department oJPersonnel & Training Office Order No.3/1/2012-CS.I(D) dated 11th January, 2012, thePresident is pleased to appoint Shri P.IC Agarwal, a Grade I(Under Secretary) officer...
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Corporate Laws |
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Deregulation of Savings Bank Deposit Interest Rate - Guidelines
Posted Date : 05-Feb-2012 , 06:41:37 pm | Posted By: Mrattunjay
All Scheduled Commercial Banks(Excluding RRBs)
Dear Sir/Madam,
Deregulation of Savings Bank Deposit Interest Rate - Guidelines
Please refer to our circular DBOD.Dir.BC. 42 /13.03.00/2011-12 dated October 25, 2011.
2. Based on the references received from banks, we clarify that the revised guidelines issued vide our circular referred to above would be applicable to domestic savings bank deposits held by residents in India. Further, the interest rates applicable on the domestic savin...
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RBI |
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Regarding classification of Fused Silica under Customs Tariff Act, 1975
Posted Date : 02-Feb-2012 , 08:30:18 pm | Posted By: CASANSAAR
Circular No.03 / 2012 - Customs
F. No. 524/129/2011-STO (TU)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
229A, North Block, New Delhi,
1stFebruary, 2012.
To
All Chief Commissioners / Commissioner of Customs / Customs (Prev.)
All Chief Commissioners / Commissioner of Customs & Central Excise
All Commissioners of Customs (Appeals)
All Commissioners of Customs & Central Excise (Appeals)
All Directors General unde...
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Custom |
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Amends Notification No. 36/2001-Customs(N.T) dated 3rd August 2001
Posted Date : 01-Feb-2012 , 12:30:41 pm | Posted By: CASANSAAR
Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
Notification No. 10/2012 – Customs (N. T.)
New Delhi, 31stJanuary, 2012
11 Magha, 1933 (SAKA)
S.O.(E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notificatio...
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Custom |
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Rate of exchange of conversion of each of the foreign currency with effect from 1st February, 2012
Posted Date : 31-Jan-2012 , 06:47:01 pm | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
Notification No. 9/2012- Customs (N.T.)
DATED THE 30thJanuary, 2012
10Magha, 1933(SAKA)
S.O.(E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.88/2011-CUSTOMS (N.T.), dated the 28thDecember, 2011videnumber S.O.2914(...
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Custom |
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Maintenance of Cash Reserve Ratio (CRR)
Posted Date : 31-Jan-2012 , 01:53:52 pm | Posted By: CA Satuti Mahajan
भारतीय िरज़वर् बैंक
RESERVE BANK OF INDIA___________________
www.rbi.org.in
RBI/2011-12/369
UBD.BPD. (PCB). CIR.No. 2 /12.03.000/2011-12 January 25, 2012
The Chief Executive Officers of
All Scheduled Primary (Urban) Co-operative Banks
Dear Sir,
Section 42(1) of Reserve Bank of India Act, 1934 –
Maintenance of Cash Reserve Ratio (CRR)
Pl...
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RBI |
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Notification No. 6/2012
Posted Date : 23-Jan-2012 , 12:45:28 pm | Posted By: Lavina Bajaj
[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. 6 /2012-Customs (N.T.)
New Delhi, the 19th January, 2012
G.S. R. (E).- In exercise of the powers conferred by sub-section (6) of Section 9A and sub-section (2) of section 9AA of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following rules further to amend the Custo...
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Custom |
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