Securities and Exchange Board of India (SEBI) has from time to time put in place various risk containment measures to address the risks involved in the cash and derivatives market. But as the market is always in a dynamic state, the risk management system cannot remain static and has to constantly address the changing risk [...]

Exemption from terminal excise duty where supplies are made against ICB. In other cases, refund of terminal excise duty will be given. Exemption from TED shall also be available for supplies made by an Advance Authorisation holder to a manufacturer holding another Advance Authorisation if such manufacturer, in turn, supplies the product(s) to an ultimate exporter

(a) Objective of the Scheme is to incentivize incremental exports. (b) An IEC holder would be entitled for a duty credit scrip @ 2% on the incremental growth (achieved by the IEC holder) during the current year (for example, say for the period 01.04.2013 to 31.3.2014) compared to the previous year (for example, say for the period from 01.04.2012 to 31.3.2013) on the FOB value of exports. Incremental growth shall be in respect of each exporter (IEC holder) without any scope for combining the exports for Group Company.

Anti-dumping duty and safeguard duty would be leviable on goods imported against transferred DFIAs. Advance Authorisations will no more be available for import/supply of ‘energy’. Value Addition in respect of SEZ (in respect of para 4A.16A of FTP) would be as per SEZ Act.

Central Government hereby notifies the Chapter 5 of the Foreign Trade Policy, 2009-2014 harmonizing the two versions (Zero Duty and 3% Concessional Duty) of EPCG Schemes. This shall come into force w.e.f. 18th April, 2013.

: The revised edition of Chapter 5 pertaining to Export Promotion Capital Goods (EPCG) Scheme of the Hand Book of Procedure (Volume I) after harmonizing the two variants of the existing scheme shall replace the existing Procedure with immediate effect.

NOTIFICATION NO. 22/2013 [F.NO. 504/3/2010-FTD-II]/SO 824(E), DATED 22-3-2013 Whereas, an Agreement between the Government of the Republic of India and the Government of the Argentine Republic for the exchange of information and assistance in collection with respect to taxes was signed at Argentina on the 21st day of November, 2011 (hereinafter referred to as the [...]

Notification No.40/2013-Customs (N.T.),  Dated the 18th April, 2013             S.O.       (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.35/2013-CUSTOMS (N.T.), dated the 4th April, [...]

SEBI has issued a circular dated April 17, 2013 stating that, pursuant to the provisions of Section 15C of SEBI Act, 1992, all listed companies are called upon to redress the grievances of investors and inform them within 30 days of the receipt of the complaints.

No security would be required to be furnished by such dealers, who apply online for registration with the Department up to the 30th of June, 2013. However, the dealers, who apply for registration manually, shall furnish the prescribed security, in the usual manner.