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Archive: June, 2009

Posts in June, 2009

Notification No. 65/2009-Customs Duty (N.T.), dated 15-06-2009

June 15, 2009 454 Views 0 comment Print

In exercise of the powers conferred by sub-rule (1) of Rule 3 of the Customs Tariff (Transitional Product Specific Safeguard Duty) Rules, 2002, and in supersession of notification of the Government of India in the Ministry of Finance (Department of Revenue) No.106/2008-Customs (N.T) issued vide G.S.R.No.632 (E) dated the 2nd September, 2008, the Central Government hereby appoints Ms. Praveen Mahajan as the Director General (Specific Safeguard) for the purposes of the said Rules.

Notification No. 64/2009-Customs Duty (N.T.), dated 08-06-2009

June 15, 2009 439 Views 0 comment Print

In exercise of the powers conferred by sub-rule (1) of Rule 3 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, and in supersession of notification of the Government of India in the Ministry of Finance (Department of Revenue) No.105/2008-Customs (N.T) issued vide G.S.R. No.631(E) dated the 2nd September, 2008, the Central Government hereby appoints Ms. Praveen Mahajan as Director General (Safeguard) for the purposes of the said Rules.

ICAI entering into domain of ICSI by setting up corporate affairs standards

June 15, 2009 1294 Views 0 comment Print

The accounting and auditing regulator, the Institute of Chartered Accountants of India (ICAI), is set to enter a new area, till now a domain of the Institute of Company Secretaries of India (ICSI), by setting up corporate affairs standards (CAS) on various areas of corporate law and practices. ICAI has already prepared three such standards […]

Section 53F of the Competition Act, 2002 – Term of Office of Chairperson and Members of Appellate Tribunal

June 15, 2009 633 Views 0 comment Print

NOTIFICATION NO S.O. 1404 (E),  DATED 04-06-2009 In exercise of the powers conferred by section 53C read with section 53F of the Competition Act, 2002 (12 of 2003), the Central Government hereby appoints Dr. Arijit Pasayat as Chairperson of the Competition Appellate Tribunal with effect from 20th May, 2009 for a period of five years […]

ICAI approved formation of a Directorate of Accounting Technicians

June 15, 2009 1044 Views 0 comment Print

The Executive Committee of the Institute of Chartered Accountants of India (ICAI) in its meeting held on 8th June 2009 has decided to approve formation of a Directorate of Accounting Technicians (ATs) within ICAI to provide singular and unified focus on the development of Accounting Technicians as an independent certification amongst all stake holders. The Directorate would […]

Eligibility of exemption Notification No 6/2006_CE to pipe fittings ( joints, sleeves, elbow, couplings, etc. ) -reg

June 15, 2009 583 Views 0 comment Print

It has been brought to the notice of the Board that the manufacturers of pipe fittings (joints, sleeves, elbow, couplings, etc.) are claiming the benefit of the Sl No. 7 of the Notification No. 6/06-CE. It is also reported that some units are manufacturing pipes and pipe fittings and claiming benefit of notification for pipe fittings which are cleared alongwith pipes. The issue is whether the ‘pipe fittings’ in the water supply network are also exempted.

SEBI : Guidelines for Investment by Mutual Funds in Money Market Instruments

June 15, 2009 697 Views 0 comment Print

It is hereby clarified that in case of the existing schemes where the investments in money market instruments of an issuer are not in compliance with the said notification, AMC shall ensure compliance within a period of 3 months from the date of notification.

Amends principal notification No. 82/2008-Customs, dated 27th June, 2008.

June 15, 2009 718 Views 0 comment Print

The principal notification No. 82/2008-Customs, dated the 27th June, 2008, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 485(E), dated the 27th June, 2008 and was last amended by notification No. 52/2009-Customs, dated the 22nd May, 2009, which was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.353(E), dated the 22nd May, 2009.

Regarding anti-dumping on import of ceramic glazed tiles, falling under tariff item 6908 90 90, originating in or exported from China PR.

June 15, 2009 502 Views 0 comment Print

Whereas, in the matter of import of ceramic glazed tiles other than vitrified tiles where at least one of the sides (length or width) exceeds 17 inches/431.80 Millimeters (MM)/43.18 Centimeters (CM)/1.4167 feet (hereinafter referred to as the subject goods), falling under tariff item 6908 90 90 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from China PR (hereinafter referred to as the subject country), the designated authority, in its preliminary findings vide notification No. 14/16/2008-DGAD, dated the 22nd April, 2009, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 27th April, 2009 has come to the conclusion that.

Making and sale of advertising materials for customers is advertisement service liable for service tax

June 14, 2009 4534 Views 1 comment Print

The making and sale of advertising materials for customers in the form of banner or hoarding or film-slide, etc. is `advertisement’ as defined under section 65(2); all commercial concerns engaged in any of the activities connected with advertisement, which includes making, preparing, displaying or exhibition of advertisement, answer the description of `advertising agency’.

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