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Archive: 2008

Posts in 2008

Notification No. 72/2008-Customs Duty (N.T.), Dated 10th June, 2008

June 10, 2008 526 Views 0 comment Print

for the purpose of adjudicating the matters relating to show cause notice pertaining to M/s Gold Star Industries, B-70, Phase VIII, Focal Point, Ludhiana and Others issued vide, DRI F.No. 856(41)LDH/2005, dated the 26th July, 2007, by the Additional Director General, Directorate General of Revenue Intelligence, Ludhiana Regional Unit, Ludhiana.

Notification No. 71/2008-Customs Duty (N.T.), Dated 10th June, 2008

June 10, 2008 493 Views 0 comment Print

exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby appoints the Commissioner of Customs (Import), Air Cargo Complex, Sahar, Andheri (East), Mumbai to act as a common adjudicating authority to exercise the powers.

Notification No. 70/2008-Customs Duty (N.T.), Dated 10th June, 2008

June 10, 2008 328 Views 0 comment Print

for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s Classic City Investment Private Limited, Hotel Sun-n-Sand, 262, Bund Garden, Pune and others issued vide, F.No. DRI/MZU/E/32/2007/ 9683 to 9695, dated the 21st November, 2007, by the Additional Director General, Directorate of Revenue Intelligence, Mumbai Zonal Unit, Mumbai.

Notification No. 69/2008-Customs Duty (N.T.), dated 10-06-2008

June 10, 2008 523 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby appoints the Commissioner of Customs, Ahmedabad to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on the Commissioner of Customs (Import), Jawaharlal Nehru Custom House, Nhava Sheva, Raigad, Maharashtra for the purpose of adjudicating the matters relating to show cause notice pertaining to Saimehar Industries, C-4, Krishna Industrial Estate, Phase-II, Amli, Silvasa and Other issued vide, F.No. DRI/SRU/INV-8/2007, dated the 16th November, 2007, by the Additional Director General, Directorate General of Revenue Intelligence, Regional Unit, Surat.

Mandatory E-Payment, Practical Issues

June 10, 2008 1650 Views 0 comment Print

From 1st April 2008, payment of tax has been made mandatory for all corporate and firms covered under tax audit. During the first month, many practical issues were faced by depositors. Some of these are discussed below: Only few Banks authorised Only 27 banks are authorised to accept online payments. Persons not having account with […]

Biometric PAN cards soon for new IT payers

June 10, 2008 544 Views 0 comment Print

The government will soon introduce biometric permanent account numbers (PAN) for income tax payers, though initially only new applicants would be brought under its net, Finance Minister P Chidambaram said on Monday.

Public Notice No. 28 (RE-2008)/2004-09, Dated: 09.06.2008

June 9, 2008 469 Views 0 comment Print

Original input invoices with corresponding ER-1/ER-3 duly certified by Central excise authorities showing payments of excise duty in support of the details shown in DBK-III and DBK-IIIA in the format given in Appendix 35.

MoF revises ECB policy; enhances USD 20 mn limit to USD 50 mn for Rupee expenditure

June 9, 2008 549 Views 0 comment Print

*HAVING reviewed the External Commercial Borrowing (ECB) in* in consultation with Reserve Bank of India (RBI) to keep it in tune with the evolving macroeconomic situation, changing market conditions, sectoral requirements, the external sector and lessons of experience, the Ministry of Finance today enhanced the limit to USD 50 mn for Rupee expenditure for permissible […]

Process completed for exit of 24,884 defunct companies

June 9, 2008 744 Views 0 comment Print

The scheme came with in-built safeguards to ensure that unscrupulous promoters/directors /managers did not escape their liabilities. Process has been completed for striking off names of 24,884 small, non-functioning or defunct companies from the field offices of the Ministry for Corporate Affairs (MCA). The Registrar of Companies (RoCs) had received applications from 26,590 such companies […]

Bank Audit Empanelment by ICAI for 2008-09

June 9, 2008 1467 Views 0 comment Print

ICAI – Announcement Announcement reagrding MEF for the year 2008-09 *Multipurpose Empanelment Application Form for the year 2008-09* Multipurpose Empanelment Application Form for the year 2008-09 is expected to be hosted on 15th June, 2008. *Everyone is advised to check their last year’s data and fill in all the blank columns and the relevant details. […]

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