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

  • Oct
  • 19

General XBRL Filing Errors & quality of XBRL filing

MCA asks institutes to impart training to its professionals to improve quality of XBRL filings. You are aware that XBRL filing of financial statements by a select class of companies for FY 2010-11 was mandated vide Ministry of Corporate Affairs Notification GSR No. 748(E), dated 5-10-2011. T

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  • Oct
  • 19

DGFT -New SIONs for export product ‘Aluminium Beverage Cans’ in Engineering Product Group

Public Notice No: 26(RE: 2012)/2009-2014 Directorate General of Foreign Trade hereby notifies new SIONs in respect of the export product Aluminium Beverage Cans . The new entries would be as under:-

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  • Oct
  • 19

FTP- Submission of physical copy of RCMC not mandatory wef 01.12.2012

Details of RCMC would be made available (uploaded) by respective EPCs/Commodity Boards Development Authorities/other competent authorities. Accordingly, submission of physical copy of RCMC by the applicants will not be required. This will be with effect from 01/12/2012. PUBLIC NOTICE NO.25(RE-2012)/2009-2014

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  • Oct
  • 19

Extension of ban on export of edible oils till further orders

Prohibition on export of edible oils has been extended till further orders. But, the same will not apply to relaxations/exemption as mentioned in para 3 & 4 above. Export of fish oil continues to be free as per Notification No. 60 dated 20.11.2008. Notification No 24 (RE – 2012)/2009-2014

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  • Oct
  • 19

DVAT- Review of Assessment of dealers on the basis of 2A & 2B data mismatch for 1st Quarter of 2012-13

The Department of Trade and Taxes had framed the assessment of quarterly return filing dealers for the Tax period First Quarter 2012-13, on the basis of mismatch in the data filed by the dealers in Annexure 2A and 2B online. This assessment was framed on the basis of data as on 21/09/2012 at 09.00 pm.

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  • Oct
  • 18

SION for new product “Copper Based Pre-alloyed Powder R-800” under Engineering Product Group

Public Notice No: 24 (RE: 2012)/2009-2014 In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14 and Paragraph 1.1 of the Handbook of Procedures (Vol.1), the Directorate General of Foreign Trade hereby notifies a new SION bearing number C- 2049 in respect of the export product Copper based pre-alloyed powder R-800. The new entry would be as under:-

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  • Oct
  • 18

No TDS on transportation of gas if it is carried out in furtherance of contract for sale of gas- CBDT

Circular No. 9/2012 Representations have been received from various sections of the Industry on the difficulties faced in the matter of Tax Deduction at Source on Gas Transportation Charges paid by the purchasers of Natural gas to the sellers of gas.

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  • Oct
  • 18

Transfer /Promotion in the grade of Addl./Joint Commissioner of Income Tax – Order No.194 of 2012

ORDER NO. 194 OF 2012, Dated 18th October 201239399 The transfers/postings of officers in the grade of Additional/Joint Commissioner of Income Tax are hereby ordered with immediate effect and until further orders: Download Order No. 194 of 2012 Dated 18.10.2012

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  • Oct
  • 18

Constitution of a Committee for Reforming the Regulatory Environment for doing Business in India – Corrigendum

GENERAL CIRCULAR NO. 32/2012 In continuation to this Ministry vide circular no. 26/2012, dated 23-8-2012 wherein a Committee has been constituted for Reforming the Regulatory Environment for doing business in India. In this regard, the 1st meeting of the said committee held on 10-10-2012, thereafter it has been decided to include representatives from PSU Banks/from NTPC and BHEL so as to make the Committee more broad based.

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  • Oct
  • 18

Rate of exchange of conversion of each of foreign currency WEF 19th October, 2012

Notification No. 95/2012-Customs (N.T.) Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 19th October, 2012 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

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