The procedure for regulating refund of amount paid by the deductor in excess of the tax
Posted Date : 09-Jun-2011 , 02:47:27 pm | Posted By: Sahil Rastogi
CIRCULAR NO. 2/2011 [F.NO. 385/25/2010-IT(B)], DATED 27-4-2011
The procedure for regulating refund of amount paid by the deductor in excess of the tax
deducted at source (TDS) and/or deductible is governed by Board circular No. 285, dated
21-10-1980.
2. Subsequent to issue of circular No. 285, new sections have been inserted under
Chapter XVII-B of the Income-tax Act, 1961. References have been received by the
Board regarding inclusion of these sections also for the purpose of issue of...
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Income Tax |
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LIMITS ENHANCED FOR DISCLOSURE OF PARTICULARS OF EMPLOYEES UNDER 217(2A) OF COMPANIES ACT 1956
Posted Date : 10-Jun-2011 , 05:27:57 am | Posted By: Sahil Rastogi
LIMITS ENHANCED FOR DISCLOSURE OF PARTICULARS OF EMPLOYEES UNDER 217(2A) OF COMPANIES ACT 1956
The Ministry of Corporate Affairs has vide notification dated 31stMarch 2011 enhanced the limits for the purpose of disclosure of particulars of employees in Directors Report as requisite under Section 217 (2A) read with Companies (Particulars of Employees) Rules, 1975 from the existing limit of Rs. 24 lakh/ year/ Rs. 2 lakh per month to Rs. 60 lakh per year/ Rs. 5 lakh per month and by such notific...
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Corporate Laws |
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Procedure for regulating refund of excess amount of TDS deducted and/or paid
Posted Date : 10-Jun-2011 , 05:21:12 am | Posted By: CASANSAAR
The procedure for regulating refund of amount paid by the deductor in excess of the tax deducted at source (TDS) and/or deductible is governed by Board circular No. 285, dated 21-10-1980.
2. Subsequent to issue of circular No. 285, new sections have been inserted under Chapter XVII-B of the Income-tax Act, 1961. References have been received by the Board regarding inclusion of these sections also for the purpose of issue of refund of excess amount of the TDS deducted/deductible.
3. In cons...
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Income Tax |
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37/2011
Posted Date : 08-Jun-2011 , 09:03:01 pm | Posted By: CA. MANISH MALHOTRA
[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)
New Delhi, the 25th April, 2011
NotificationNo. 37/2011 – Service Tax
G.S.R. (E).- In exercise of the powers conferred by sections 93 and 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Taxation of Services (Provided from Outside India and Received...
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Service Tax |
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Conditions and modalities for registration of contracts of Assam Comilla Cotton with DGFT
Posted Date : 09-Jun-2011 , 07:39:22 pm | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyogBhavan,New Delhi.Policy Circular No. 29(RE-2010)/2009-14Datedthe19thApril, 2011
ToAll Customs Authorities / All Regional Authorities / Members of Trade.
Subject:-Conditions and modalities for registration of contracts ofAssamComillaCottonwith DGFT.
As per Notification No. 32(RE-2010)/2009-14 dated 14.03.2011 export of 5000 bales of AssamComillaCotton (Tariff Code 5201 00 1...
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DGFT |
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Clarification about requirement of “Declaration of Intent” for EOU shipping bills for claiming Chapter 3 scheme benefits
Posted Date : 09-Jun-2011 , 05:39:13 pm | Posted By: CASANSAAR
Government ofIndiaDepartment of CommerceDirectorate General of Foreign TradeUdyogBhavan, New Delhi-110011Policy Circular No.28 (RE-2010)/2009-14, Dated: 15April, 2011
ToAll Regional AuthoritiesFIEO and All EPCs
Subject: - Clarification about requirement of “Declaration of Intent” for EOU shipping bills for claiming Chapter 3 scheme benefits.
1.Para 3.11.8 of HBPv1 2009-14 (earlierPara3.23.8 in RE-2008) provides for “Declaration of Intent” to be made on “free ...
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DGFT |
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Conditions and modalities for registration of contracts of cotton yarn with DGFT.
Posted Date : 09-Jun-2011 , 09:32:17 am | Posted By: CASANSAAR
Government of IndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign Trade UdyogBhavan, New Delhi.
Policy Circular No. 27 (RE-2010)/2009-14Dated the 1stApril, 2011
To
All Customs Authorities / All Regional Authorities / Members of Trade.
Subject:-Conditions and modalities for registration of contracts of cotton yarn with DGFT.
As per Notification No. 40 (RE-2010)/2009-14 dated 31.03.2011 export of cotton yarn has been made “Free” subject ...
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DGFT |
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Online transmission of DES (Advance Authorization), EPCG and DEPB at 7 new port locations w.e.f. 21.3.2011 - reg.
Posted Date : 04-Jun-2011 , 03:24:09 am | Posted By: CASANSAAR
Government of IndiaMinistry of Commerce IndustryDirectorate General of Foreign TradeUdyog Bhawan, New Delhi
Policy Circular No. 26 (RE-2010)/2009-14 Dated the, 21st March,2011
Sub:- Online transmission of DES (Advance Authorization), EPCG and DEPB at 7 new port locations w.e.f. 21.3.2011 - reg.
As and when Customs (CBEC) have conveyed their readiness to implement on-line message exchange between Customs and DGFT, Policy Circulars have been issued from time to time by DGFT indicating the...
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DGFT |
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Prohibition on export of onion – Clarification for (a) MEP and (b) Export of Bangalore Rose onions and Krishnapuram onions under export licence
Posted Date : 09-Jun-2011 , 02:00:42 pm | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyogBhawan, New Delhi-110011Policy Circular No. 25 (RE-2010)/2009-14,Dated:22ndFebruary, 2011
ToAll Regional AuthoritiesAll Customs AuthoritiesMembers of Trade
Subject:Prohibition on export of onion – Clarification for (a) MEP and (b) Export of Bangalore Rose onions andKrishnapuramonions under exportlicence.
Export ofOnions(all varieties including Bangalore Rose oni...
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DGFT |
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Amendment to Serial No. 3(ii) of Policy Circular No. 20(RE-2010)/2009-14 dated 14.02.2011 regarding issuance of licences for Value Added Special Yarn/Technical Yarn
Posted Date : 08-Jun-2011 , 09:03:02 pm | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyogBhawan,New DelhiPolicy Circular No. 24 (RE-2010)/2009-14,Dated22ndFebruary, 2011
All Regional AuthoritiesAll Customs AuthoritiesMember of Trade
Subject: Amendment to Serial No. 3(ii) of Policy Circular No. 20(RE-2010)/2009-14 dated 14.02.2011 regarding issuance oflicencesfor Value Added Special Yarn/Technical Yarn.
Serial No. 3(ii) ofPolicy Circular No. 20(RE-2010)/200...
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DGFT |
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Eligibility of tufted cotton bathmats/cotton tufted bathrugs covered under ITC (HS) Codes 5703 or 5705 for grant of duty credit scrip under VKGUY/FPS of FTP
Posted Date : 09-Jun-2011 , 07:32:05 pm | Posted By: CASANSAAR
GOVERNMENT OFINDIADEPARTMENT OF COMMERCEDIRECTORATE GENERAL OF FOREIGN TRADEUDYOG BHAWAN, NEW DELHI-110011Policy Circular No. 23/RE(2010)/2009-14, Dated:21stFebruary, 2011
ToAll Regional Authorities.
Sub:Eligibility of tufted cotton bathmats/cotton tuftedbathrugscovered under ITC(HS) Codes 5703 or 5705 for grant of duty credit scrip under VKGUY/FPS ofFTP.
Policy Circular 21/2009-14 dated 12.1.2010 clarified how the cases of exports of cotton bathmats/rugs covered under ITC (HS) Codes 57...
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DGFT |
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Online Payment to the beneficiaries (firms) for their DBK/TED refund claims, by RAs of DGFT
Posted Date : 08-Jun-2011 , 09:02:58 pm | Posted By: CASANSAAR
MINISTRY OF COMMERCEDIRECTORATE GENERAL OF FOREIGN TRADEUDYOG BHAWAN:NEW DELHIDated:21-02-2011Policy CircularNo. 22(RE-2010)/(2009-14)
Sub: -Online Payment to the beneficiaries (firms) for theirDBK/TED refund claims, by RAs of DGFT.
Regional Authorities (RAs) of DGFT disburses deemed export drawback and terminal excise duty as per provisions of FTP and HBP Vol. I. In order to facilitate this process and faster disbursal of such claims, it has been now decided that payment of such claims, h...
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DGFT |
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Prohibition on export of onion – Exemption for export of Bangalore Rose onions and Krishnapuram onions
Posted Date : 09-Jun-2011 , 02:03:26 am | Posted By: CASANSAAR
Government of IndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyog Bhawna, New Delhi-110011Policy Circular No.21(RE-2010)/2009-14, Dated 15th February, 2011
ToAll Regional AuthoritiesAll Customs AuthoritiesMembers of Trade
Subject: Prohibition on export of onion – Exemption for export of Bangalore Rose onions and Krishnapuram onions.
Export of Onions(all varieties including Bangalore Rose onions and Krishnapuram onions) excluding...
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DGFT |
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Restriction on export of Cotton yarn- Exemption from the quantity ceiling of 720 million Kg for export of (i) cotton yarn manufactured out of imported raw cotton (ii) cotton yarn by 100% EOUs and (iii) Value Added Special Yarn and Technical Yarn upto 31.0
Posted Date : 10-Jun-2011 , 01:13:40 am | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyog Bhawan,New DelhiPolicy Circular No. 20 (RE-2010)/2009-14, Dated14thFebruary, 2011
All Regional AuthoritiesAll Customs AuthoritiesMember of Trade
Subject: Restriction on export of Cotton yarn- Exemption from the quantity ceiling of 720 million Kg for export of (i)cotton yarn manufactured out of imported raw cotton(ii)cotton yarn by100% EOUsand (iii)Value Added Special Yarn an...
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DGFT |
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Guidelines for availment of input combination for pharmaceutical products manufactured through Non Infringing (NI) process
Posted Date : 09-Jun-2011 , 07:34:10 pm | Posted By: CASANSAAR
Government of IndiaDepartment of CommerceDirectorate General of Foreign TradeUdyog Bhawan, New Delhi – 110 011Policy Circular No.19/2009-14(RE2010)Dated:14thFebruary, 2011
ToAll Regional Authorities (RAs);All Commissioners of Customs;All Commissioners of Excise;Trade & Industry.
Subject:Guidelines for availment of input combination for pharmaceutical products manufactured through Non Infringing (NI) process.
Trade & Industry belonging to Pharmaceutical sector and the Pharmac...
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DGFT |
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Export of Onion in cut, sliced or broken in powder form.
Posted Date : 08-Jun-2011 , 09:02:54 pm | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDirectorate General of Foreign TradeUdyog Bhavan,New DelhiPolicy Circular No. 18(RE-2010)/2009-14, Dated the 11thFebruary, 2011.
To,The Commissioner of Customs,Nhava Sheva/ PipavavMembers of Trade
Subject:-Export of Onion in cut, sliced or broken in powder form.
Notification No. 13 dated 22.12.2010 prohibitsexportofOnion (all varieties) including Bangalore rose onions and Krishnapuram onions fresh or chilled, frozen, provisionally pre...
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DGFT |
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Allocation of cotton yarn export not being made today
Posted Date : 09-Jun-2011 , 07:33:07 pm | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyog Bhavan,New DelhiPolicy Circular No.17 (RE-2010)/2009-14,Dated :10.02.2011
To
All Regional AuthoritiesMembers of Trade
Subject:- Allocation of cotton yarn export not being made today.
Attention is invited to Policy Circular No.15 (RE-2010)/2009-14 dated 1stFebruary, 2011 through which applications were invited for allocation of cotton yarn export.Approximately 2500 applicat...
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DGFT |
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Temporary suspension of Pre-shipment Inspection (PSI) Agencies listed under Appendix – 5 of the Handbook of Procedures Vol-I (Appendices and Aayat Niryat Forms) 2009-2014.
Posted Date : 09-Jun-2011 , 10:37:42 pm | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce and IndustryDirectorate General of Foreign TradeUdyogBhavan, New Delhi-110011Policy Circular No.16(RE-2010)/2009-2014, Dated, the 4thFebruary, 2011
ToAll Licensing Authorities.All Custom Authorities.
Subject:Temporary suspension of Pre-shipment Inspection (PSI) Agencies listed under Appendix – 5 of theHandbook of ProceduresVol-I (Appendices andAayatNiryatForms) 2009-2014.
It is observed that the following Pre-Shipment Inspection (PSI) Agencie...
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DGFT |
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Conditions and modalities for applications for grant of quota for export of cotton yarn
Posted Date : 10-Jun-2011 , 02:41:18 am | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyog Bhavan,New Delhi
Policy Circular No.15 (RE-2010)/2009-14, Dated: 01.02.2011
ToAll Customs AuthoritiesAll Regional AuthoritiesMembers of Trade
Subject: - Conditions and modalities for applications for grant of quota for export of cotton yarn.
Attention is invited to Notification No. 14 (RE-2010)/2009-14 dated 22.12.2010 whereby export of cotton yarn under ITC(HS) codes 52...
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DGFT |
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Guidelines for import and supply of precious metal by the Nominated Agencies
Posted Date : 10-Jun-2011 , 02:34:04 am | Posted By: CASANSAAR
Government ofIndiaDepartment of CommerceDirectorate General of Foreign TradeUdyog Bhavan, New Delhi-110011Policy Circular No. 14(RE-2010)/2009-14,Dated:1stFebruary, 2011
ToAll Regional Authorities (RAs);All Commissioners of Customs;Exporting Community.
Subject: Guidelines for import and supply of precious metal by the Nominated Agencies.
DGFT Policy Circular No. 77(RE-2008) dated 31.3.2009 and DGFT Policy Circular No. 24(RE-2009-14) dated 11.2.2010 stand withdrawn.
This issues with the a...
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DGFT |
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Import of inputs under Advance Authorisation (AA) and Duty Free import Authorisation (DFIA) issued against SIONs E-1 & E-5-reg.
Posted Date : 10-Jun-2011 , 02:37:41 am | Posted By: CASANSAAR
GOVERNMENT OFINDIAMINISTRY OF COMMERCE & INDUSTRYDIRECTORATE GENERAL OF FOREIGN TRADEUDYOG BHAWA: NEW DELHI
POLICY CIRCULAR No.13DATED:31.01.2011
ToAll Regional AuthoritiesAll Customs Authorities
Subject:Import of inputs under Advance Authorisation (AA) and Duty Free Import Authorisation (DFIA) issued SIONs E-1 & E-5 – reg.
Attention is invited to the Policy Circular No. 72(RE-08)/2004-2009 dated.24.03.2009 regarding importability of alternative inputs allowed as per SION u...
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DGFT |
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Clarifications on issues pertaining to EPCG Scheme raised in the Port Officers’ Meeting held on 03.12.2010.
Posted Date : 10-Jun-2011 , 05:51:05 am | Posted By: CASANSAAR
Government of India
Ministry of Commerce and Industry
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi
(EPCG-I Section)
******
Circular No. 12/(RE-2010) 2009-14
Dated: 17 .01.2011
Subject:- Clarifications on issues pertaining to EPCG Scheme raised in the PortOfficers’ Meeting held on 03.12.2010.
Apropos the discussions in ‘Port Officers’ meeting held on 03.12.2010 wherein, among others, a number of issues relating to EPCG Scheme were raised by Regional Aut...
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DGFT |
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On-line” submission of application – Clarification regarding use of manual mode for filing application on DGFT’s server.
Posted Date : 08-Jun-2011 , 09:03:31 pm | Posted By: CASANSAAR
Government of India
Ministry of Commerce & Industry
Directorate General of Foreign Trade
Udyog Bhavan New Delhi
EDI Section
Policy Circular No.11 RE (2010) /2009-14, Date 04.01.2011
Sub: -“On-line” submission of application – Clarification regarding use of manual mode for filing application on DGFT’s server.
Recently representations have been received from various Exporters/Export Promotion bodies that at certain EDI Ports, there have been problems regardin...
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DGFT |
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Green Initiatives in Corporate Sector -clarification regarding service of documents by e-mode instead of Under Posting certificate (UPC)
Posted Date : 09-Jun-2011 , 07:56:01 pm | Posted By: CASANSAAR
General Circular No:17/2011dated 21.04.2011.
Green Initiatives in Corporate Sector -clarification regarding service of documents by e-mode instead of Under Posting certificate (UPC)...
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Category :
Corporate Laws |
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Regarding assistance provided for processing visa applications
Posted Date : 09-Jun-2011 , 07:53:56 pm | Posted By: CASANSAAR
Circular No. 137/6/ 2011– ST
F.No.332/11/2010-TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Tax Research Unit
North Block, New Delhi
20th April, 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 |
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Regarding Accounting Codes for the taxable services introduced vide the Finance Act, 2011
Posted Date : 09-Jun-2011 , 09:41:01 am | Posted By: CASANSAAR
Circular No.136/5/2011-TRU
F.No.335/5/2006-TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Tax Research Unit
New Delhi, 20th April, 2011
To,
Chief Commissioners of Central Excise and Customs (All),
Director General (Service Tax),
Director General (Central Excise Intelligence),
Director General (Audit),
Commissioners of Service Tax (All)
Commissioners of Central Excise (All)
Commissioners of Central Excise and Custom...
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Category :
Service Tax |
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Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010
Posted Date : 09-Jun-2011 , 07:58:06 pm | Posted By: May I Help You.
Circular No.21 / 2011-Customs
F.No.450/122/2010-Cus-IV
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
227-B, North Block,
New Delhi-110001.
18th April, 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 Commiss...
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Category :
Custom |
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Certification of e-forms under the Companies Act,1956 by the Practicing professionals
Posted Date : 09-Jun-2011 , 10:56:03 pm | Posted By: CASANSAAR
No 17/102/2011 CL-V Circular 14/2011
Government of India
Ministry of Corporate Affairs
5th floor, ‘A’ Wing, Shastri Bhawan,
Dr. Rajendra Prasad Road, New Delhi
Dated: 08.04.2011
To
All the Regional Directors,
All the Registrar of Companies/ Official Liquidators
Subject:- Certification of e-forms under the Companies Act,1956 by the Practicing professionals
Ministry of Corporate Affairs has been steadily progressing towards total electronic filing and approval regim...
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Corporate Laws |
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Clarification Regarding Easy Exit Scheme (EES)
Posted Date : 09-Jun-2011 , 07:57:03 pm | Posted By: CASANSAAR
General Circular No:12/2011
Clarification Regarding Easy Exit Scheme (EES)
...
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Corporate Laws |
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Allotment of Director Identification Number (DIN) under Companies Act, 1956
Posted Date : 10-Jun-2011 , 05:18:44 am | Posted By: CASANSAAR
General Circular No:11/2011
Allotment of Director Identification Number (DIN) under Companies Act, 1956...
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Corporate Laws |
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