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Archive: October, 2009

Posts in October, 2009

How to file return in ACES- Part-I

October 16, 2009 9390 Views 13 comments Print

The word automation has its own pros n cons. Anyone have some different imagination of this word. What, why, how, to whom and so many doubt come to their mind. All of sudden this word is on everyone’s tongue. Automation…, Automation…, Automation…, after all what is this! Nobody was disposed to the automation of filing of return will be mandatory for everyone.

No Change in schedule of Chartered Accountants Examinations, November, 2009

October 16, 2009 597 Views 0 comment Print

Many queries from students/public about change in the schedule of Chartered Accountants Examinations, November, 2009 are being received.

ICAI annoucement regarding service tax for November, 2009 Examinations

October 16, 2009 813 Views 0 comment Print

In addition to the Notifications and Circulars given in the Appendix to the RTPs for November, 2009, students may note that rate of service tax has been reduced from 12% to 10% with effect from 24.02.2009 vide Notification No. 8/2009-S.T. dated 24-2-2009. The said notification is relevant for the following mentioned papers in November, 2009 examinations: –

Amends Notification No. 36/2001-Customs Duty (N. T.), Dated: 03.08.2001

October 15, 2009 358 Views 0 comment Print

The Principal notification was published in the Gazette of India, Extraordinary, vide Notification No. 36/2001 – Customs (N.T.), dated, the 3rd August, 2001 (S. O. 748 (E), dated, the 3rd August, 2001) and was last amended vide Notification No. 149/2009-Customs (N.T.), dated, the 30th September, 2009 (S. O. 2492 (E) dated 30th September, 2009).

Policy for issue of import licences of Rough Marble Blocks/Slabs, w.e.f. 01.102009

October 15, 2009 901 Views 0 comment Print

The eligible applicants may file an application (after the applications are so invited for the said licensing year) in the form given in ‘Aayaat Niryaat Form’ together with all relevant documents, to the concerned Regional Authority of DGFT. The eligibility of the applicants with respect to para 2(I) above shall be decided based on verification/certificate from the concerned State Government. RA concerned would forward the applications of eligible applicants to DGFT, HQ for further consideration.

Guidelines for compounding of offences under Customs Act, 1962 – regarding

October 15, 2009 4945 Views 0 comment Print

I am directed to invite your attention to the Board’s Circular No. 54/2005-Cus dated 30.12.2005 prescribing the Guidelines for compounding of offences for implementing the provisions of the Customs Act, 1962 and the Customs (Compounding of offences) Rules, 2005.

Department of post launched new service to enable customers to trace their mails through SMS

October 15, 2009 432 Views 0 comment Print

“This new service will enable public to locate their mails, especially speed post, by sending an SMS and they will receive the location of their mail,” T Murthy, post master general, Tamil Nadu circle, business development and marketing, told reporters in Chennai.

MVAT circular on extension of date for filing refund application electronically

October 15, 2009 2657 Views 0 comment Print

In exercise of the powers conferred by sub-rule (2) of rule 17A of the Maharashtra Value Added Tax Rules, 2005, the requisite notification cited at reference was issued. As a result of this notification every registered dealer who is entitled to claim refund as provided under section 51 of Maharashtra Value Added Tax Act, 2002 was required to file refund application in Form-501 electronically. The electronic filing of said application was made mandatory with effect from 1st October 2009.

CA seek investigation into his alleged extortion

October 14, 2009 738 Views 0 comment Print

Mumbai: Jayesh Sanghoi, the chartered accountant of Jaya Chedda—ex-wife of slain matka king Suresh Bhagat—has approached the Mulund metropolitan magistrate, seeking an investigation into his alleged extortion by Suresh’s brother Vinod.

Export against supply by Nominated Agencies- procedure and guidelines reg

October 14, 2009 3040 Views 0 comment Print

In order to address the difficulties in supply of gold, silver and platinum to small jewellery exporters, DGFT has included 5 more new agencies/entities as “nominated agencies” for import of gold/silver/platinum (hereinafter referred as the “precious metal”). Now the nominated agencies are as under:

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