south africa

Customs Notification No 14/2010, Regarding anti dumping duty on Cold Rolled Flat Products of Stainless Steel

CUSTOMS Notification No 14/2010, Regarding anti dumping duty on Cold Rolled Flat Products of Stainless Steel, originating in, or exported from the People’s Republic of China (China PR), Korea, European Union, South Africa, Taiwan (Chinese Taipei), Japan, Thailand and United States of America (USA).
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Meeting of Steering Group of Global Forum on Transparency and Exchange of Information for Tax Purposes

The Ministry of Finance hosted a key meeting of the Steering Group of the Global Forum on Transparency and Exchange of Information for Tax Purposes at New Delhi on 11th – 12th February 2010. The G-20 had asked the Global Forum to complete their peer review processes and to assess adherence to international standards.
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Amendment in HBP-V1-Additional items-markets for incentives under chapter-3 schemes Table-6

DGFT PUBLIC NOTICE No 33/2009-14- NEW DELHI: the 13 January, 2010. In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in HBPv1, for benefits on exports made on or after 1.1.2010:
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Procurement of orders by South African company for Indian company on commission basis is not taxable in India

S. 9, Treaty with South Africa; in favor of taxpayer: - Z, a South African company, offered to promote and market the products of the taxpayer, an Indian company, on commission basis. Z will procure and negotiate orders and forward these to the taxpayer. The taxpayer will execute the orders directly and will receive the consideration in India. Z will render all services outside India and will not maintain any PE in India.
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