Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India
Posted Date : 03-Apr-2012 , 07:52:37 am | Posted By: CASANSAAR
RBI/2011-12/102A. P. (DIR Series) Circular No.102
April 02, 2012
To
All Authorised Persons in Foreign Exchange
Madam/ Sir,
Use of International Debit Cards/Store Value Cards/Charge Cards/SmartCards by Resident Indians while on a visit outside India
Attention of all Authorised Persons, who are authorised to issue foreign currency pre-paid cards to resident Indians visiting outside India, is invited to Para B(5) of theA. P. (DIR Series) Circular No. 46 dated June 14, 2005, in terms of whic...
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FEMA |
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Overseas Direct Investments
Posted Date : 03-Apr-2012 , 07:51:41 am | Posted By: CASANSAAR
RBI/2011-12/481A. P. (DIR Series) Circular No.101
April 02, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Overseas Direct Investments – Liberalisation / Rationalisation
Attention of the Authorised Dealer (AD - Category I) banks are invited to theNotification No. FEMA 10/2000-RB dated May 3, 2000[Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2000] (the Notification), as amended from time to time.
2. As per the extan...
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FEMA |
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Online Income tax return filing for Individual/HUF
Posted Date : 02-Apr-2012 , 09:02:56 pm | Posted By: CASANSAAR
INCOME-TAX (THIRD AMENDMENT) RULES, 2012 - AMENDMENT IN RULE 12 AND SUBSTITUTION OF FORMS SAHAJ (ITR-1), ITR-2, ITR-3, SUGAM (ITR-4S), ITR-4 AND ITR-V
In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1.(1) These rules may be called the Income-tax (3rd Amendment) Rules, 2012.
(2) They shall come into force on the 1st day of Apr...
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Income Tax |
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Overseas Investments by Resident Individuals
Posted Date : 29-Mar-2012 , 07:49:32 am | Posted By: CASANSAAR
RBI/2011-12/474A. P. (DIR Series) Circular No.97
March 28, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Overseas Investments by Resident Individuals – Liberalisation / Rationalisation
Attention of the Authorised Dealer (AD - Category I) banks is invited to theNotification No. FEMA 120/RB-2004 dated July 7, 2004[Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time to time.
2. R...
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FEMA |
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Overseas Direct Investments by Indian Party
Posted Date : 29-Mar-2012 , 07:48:43 am | Posted By: CASANSAAR
RBI/2011-12/473A.P. (DIR Series) Circular No. 96
March 28, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Overseas Direct Investments by Indian Party – Rationalisation
Attention of the Authorised Dealer (AD - Category I) banks is invited to theNotification No. FEMA 120/RB-2004 dated July 7, 2004[Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time to time. To grant more flexibili...
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FEMA |
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Regarding Clarification on Point of Taxation Rules
Posted Date : 29-Mar-2012 , 07:45:00 am | Posted By: CASANSAAR
Circular No.154/5/ 2012 – ST
FNo334/1/2012- TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Tax Research Unit
Room No 146, North Block, New Delhi
Dated: 28thMarch 2012
To
Chief Commissioner of Customs and Central Excise (All)
Chief Commissioner of Central Excise & Service Tax (All)
Director General of Service Tax
Director General of Central Excise Intelligence
Director General of Audit
Commissioner of Customs and ...
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Category :
Service Tax |
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Regarding payment of arrears from Cenvat Credit earned at a later date
Posted Date : 29-Mar-2012 , 07:43:55 am | Posted By: CASANSAAR
Circular No.962/05/2012-CX
F.No.267/96/2009-CX8
Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Excise & Customs)
New Delhi, dated the 28thMarch, 2012
To,
All Director Generals,
All Chief Commissioners of Central Excise (including LTU),
All Commissioners of Central Excise (including LTU).
Sir/ Madam,
Subject: Payment of arrears from Cenvat Credit earned at a later date
Reference was received from the field formation seeking clarifi...
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Category :
Excise |
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Applicability of exemption under Sr. No. 4 of the Notification 4 / 2006 - CE dated 1/3/2006 on import of Ore Concentrates
Posted Date : 29-Mar-2012 , 07:42:37 am | Posted By: CASANSAAR
Circular No.09 / 2012 – Customs
F. No. 528/11/2012-STO (TU)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
229A, North Block, New Delhi,
23rdMarch, 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...
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Category :
Custom |
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Negative List of Service Tax as per the New Budget 2012-13
Posted Date : 20-Mar-2012 , 07:56:09 pm | Posted By: CA Akshay Joshi
Government of IndiaMinistry of FinanceDepartment of Revenue
Notification No.12/2012-Service Tax
New Delhi, the 17thMarch 2012
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the said Finance Act), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the following taxable services from the whole of the service tax leviable thereon under s...
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Service Tax |
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Constitution of a Committee to formulate a Policv Document on Corporate Governance
Posted Date : 20-Mar-2012 , 07:56:02 am | Posted By: CASANSAAR
General Circular No. 5/2012dated19.03.2012
Constitution of a Committee toformulate a PolicvDocument onCorporate Governance.
Click Here for Detail Circular...
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Category :
Corporate Laws |
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MCA:Role-check for Digital Signatures(DSCs) belonging to authorized signatories of Banks/FIs
Posted Date : 15-Mar-2012 , 05:50:53 pm | Posted By: Akanksha Handa
Role-check for Digital Signatures(DSCs) belonging to authorized signatories of Banks/FIs- Plz go the following link on MCA site to see the circular
http://www.mca.gov.in/Ministry/pdf/Role_check_Digital_Signatures.pdf...
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Corporate Laws |
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MCA: Allotment of Director
Posted Date : 15-Mar-2012 , 10:26:02 am | Posted By: Akanksha Handa
General Circular No. 4/2012
No 2/1/2011-CL.V
Government of India
Ministry of Corporate Affairs
5th, floor, ‘A’ Wing, Shastri Bhawan,
Dr. R. P. Road, New Delhi
Dated the 9
March, 2012
To
All Regional Directors
All Registrar of Companies.
Sub: Allotment ofDirector’s Identification Number (DIN)
Sir,
In continuation of General Circular Nos. 32/2011 dated 31.05.2011, 66/2011 dated 04.10.2011 and 70/2011 dated 15/12/2011 on the subject ci...
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Corporate Laws |
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Withdrawal of ban on export of Cotton (Tariff Code 5201 and 5203)
Posted Date : 15-Mar-2012 , 08:02:43 am | Posted By: CASANSAAR
Circular No.08/2012-Customs
F. No. 524/19/2012-STO (TU)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
*****
229-A, North Block,
New Delhi, the 13thMarch, 2012.
To
All Chief Commissioners of Customs/ Customs (Prev.)/C&CE,
All Directors General of CBEC,
All Commissioners of Customs / Customs (Prev.) /C&CE
All Commissionersof Customs & Central Excise (Appeals).
Subject:Ban on export of Cotton (Tariff Code 52...
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Custom |
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Clarification on imposition of Ban on export of Cotton with immediate effect by DGFT
Posted Date : 12-Mar-2012 , 07:15:51 pm | Posted By: CASANSAAR
Circular No.07/2012-Customs
F. No. 524/19/2012-STO (TU)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
*****
229-A, North Block,
New Delhi, the 9thMarch, 2012.
To
All Chief Commissioners of Customs/ Customs (Prev.)/C&CE,
All Directors General of CBEC,
All Commissioners of Customs / Customs (Prev.) /C&CE
All Commissionersof Customs & Central Excise (Appeals).
Subject: Ban on export of Cotton (Tariff Code 5201 and 5...
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Category :
Custom |
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Constitution of a Committee to formulate a Policy Document on Corporate Governance
Posted Date : 09-Mar-2012 , 05:23:58 pm | Posted By: CASANSAAR
General Circular No.3/2012
07.03.12
Constitution of a Committee to
formulate a Policy Document on
Corporate Governance
Click Here for Complete Circular...
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Category :
Corporate Laws |
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Prohibition on export of cotton(Tariff Codes 5201 and 5203).
Posted Date : 06-Mar-2012 , 08:05:56 am | Posted By: CASANSAAR
To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii)
Government of India
Ministry of Commerce & Industry
Department of Commerce
UdyogBhawan
Notification No. 102 (RE-2010)/2009-14
New Delhi,Dated5thMarch, 2012
Subject:-Prohibition on export of cotton(Tariff Codes 5201 and 5203).
S.O. (E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the Fo...
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Category :
Custom |
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MCA:Registration of Companies or LLPs which have one of their objects is to carry on the profession of Chartered Accountant, Cost Accountant, Architect, Company Secretary etc.
Posted Date : 02-Mar-2012 , 09:17:45 am | Posted By: Akanksha Handa
General Circular No. 2/2012
F. No. 17/165/2011-CL V
Government of India
Ministry of Corporate Affairs
5th Floor, A Wing, Shastri Bhavan,
Dr. R.P. Road, New Delhi,
Dated the 1st March, 2012
To,
All Regional Director,
All Registrars of Companies
Registrar of LLPs
Subject: Registration of Companies or LLPs which have one of their objects is to carry on the profession of Chartered Accountant, Cost Accountant,Architect, Company Secretary etc.
Sir,
I am directed to say that at th...
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Category :
Corporate Laws |
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Clarification - Establishment of Branch Offices (BO) / Liaison Offices (LO) in India by Foreign Entities
Posted Date : 02-Mar-2012 , 07:53:25 am | Posted By: CASANSAAR
RBI/2011-12/421A.P. (DIR Series) Circular No.88
March 1, 2012
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Clarification - Establishment of Branch Offices (BO) / Liaison Offices (LO)in India by Foreign Entities – Delegation of Powers
Attention of Authorised Dealer Category – I (AD Category – I) banks is invited toA.P. (DIR Series) Circular No.24 dated December 30, 2009in terms of which powers have been delegated to the AD Category-I bank regarding submission...
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FEMA |
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Amends Notification No. 12/97
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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Custom |
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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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Category :
DGFT |
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Regarding toll in the nature of
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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Category :
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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Category :
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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Category :
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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Category :
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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Category :
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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