Notifications issued By RBI, CBEC, IRDA, CBDT, RBI and DGFT

  • May
  • 25

Rupee Export Credit – Interest Subvention extended to 107 more tariff items in Textile & engineering good sector

It has been decided to widen the interest subvention scheme to the following sectors for the period April 1, 2013 to March 31, 2014, on the same terms and conditions: ITC(HS) and Textiles good to 6 tariff lines as per the list given in the Annex –I. Additional 101 tariff lines in engineering good sector in addition to the existing 134 lines as per the list given in Annex- II.

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  • May
  • 25

Filling up of the post of Indirect Tax Ombudsman at Ahmedabad

I am directed to say that the post of Indirect Tax Ombudsman at Ahmedabad in the HAG + pay scale of Rs.75500-80,000/-, is likely to be filled up from amongst the officers of the Indian Customs & Central Excise Service.

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  • May
  • 23

Procedure for movement of excisable indigenous goods to Warehouses or retail outlets of Duty Free Shops

CIRCULAR NO 970/04/2013-CX, Dated: May 23, 2013 Subject: Procedure governing the movement of excisable indigenous goods to the Warehouses or retail outlets of Duty Free Shops appointed or licensed under the Customs Act, 1962 – Regarding In exercise of the powers conferred under sub-rule (2) of rule 20 of the Central Excise Rules, 2002, the [...]

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  • May
  • 23

No Need of registration of godown or retail outlet of a Duty Free Shop

Seeks to allow duty free sale of goods manufactured in India to the International passengers or members of crew at the DFSs located at the arrival / departure hall of International Airports and specify the procedures relating thereto. NOTIFICATION NO. 09/2013 Central Excise (N.T.), May 23, 2013 In exercise of powers conferred by sub-rule (2) [...]

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  • May
  • 23

Officers of Customs having jurisdiction on Duty Free Shops appointed as CE Officers

Seeks to allow duty free sale of goods manufactured in India to the International passengers or members of crew at the DFSs located at the arrival / departure hall of International Airports and specify the procedures relating thereto. NOTIFICATION NO 08/2013 Central Excise (N.T.), Dated: May 23, 2013 In exercise of powers conferred by clause [...]

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  • May
  • 23

Excise – Duty Free Shop treated as an export warehouse

Seeks to allow duty free sale of goods manufactured in India to the International passengers or members of crew at the DFSs located at the arrival / departure hall of International Airports and specify the procedures relating thereto. NOTIFICATION NO 07/2013-Central Excise (N.T.), Dated: May 23, 2013 In exercise of powers conferred by sub-rule (1) [...]

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  • May
  • 23

Excisable Goods cleared to Duty Free Shops at airports exempted

Seeks to allow duty free sale of goods manufactured in India to the International passengers or members of crew at the DFSs located at the arrival / departure hall of International Airports and specify the procedures relating thereto. NOTIFICATION NO 19/2013-CX, Dated: May 23, 2013 In exercise of the powers conferred by sub-section (1) of [...]

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  • May
  • 23

Ex – Rescind Notification exempting only electronic goods from payment of excise duty sold by duty free shops at airports

Seeks to allow duty free sale of goods manufactured in India to the International passengers or members of crew at the DFSs located at the arrival / departure hall of International Airports and specify the procedures relating thereto. NOTIFICATION NO. 18/2013-CX, Dated: May 23, 2013 In exercise of the powers conferred by sub-section (1) of [...]

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  • May
  • 23

Liberalised Remittance Scheme for Resident Individuals – Reporting

AD Category -I banks were required to furnish information on the number of applications received and the total amount remitted under the Liberalised Remittance Scheme (the Scheme), on a monthly basis

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  • May
  • 22

SEBi warns India Infoline to be careful and cautious in conduct of its stock broking activity

Shri S. Raman, Whole Time Member, SEBI has passed an order dated May 13, 2013, in the matter of inspection of M/s. India Infoline Limited, warning the stock broker M/s. India Infoline Limited to be careful and cautious in the conduct of its stock broking activity and to adhere to and comply with all the [...]

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