"October, 2010" Archive

Service Tax on financial leasing services is Constitutionally valid -SC

Assoiciation Of Leasing & Financial Service Companies Vs Union Of India And Others (Supreme Court of India)

service tax is a Value Added Tax which in turn is a destination based consumption tax in the sense that it is levied on commercial activities and it is not a charge on the business but on the consumer. That, service tax is an economic concept based on the principle of equivalence in a sense that consumption of goods and consumption of ser...

Read More

Notification No. G.S.R. 867(E), dated 29/10/2010

Notification No. G.S.R. 867(E) (29/10/2010)

In exercise of the powers conferred by sub-section (1) of section 621 of the Companies Act, 1956 (1 of 1956), the Central Government hereby authorizes the following officers in the Serious Fraud Investigation Office, Ministry of Corporate Affairs, for the purposes of filing and conducting prosecution under the Companies Act, 1956, namely....

Read More

Notification No. 92/2010-Customs (N. T.), Dated: 29th October, 2010

Notification No. 92/2010-Customs (N.T.) (29/10/2010)

S. O… (E) – In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministr...

Read More

Companies (Amendment) Regulations, 2010 – Amendment in regulation 2

Notification No. G.S.R. 866(E) (29/10/2010)

Companies (Amendment) Regulations, 2010 - Amendment in regulation 2. NOTIFICATION NO. G.S.R. 866(E), DATED 29-10-2010, ISSUED BY MINISTRY OF CORPORATE AFFAIRS. In exercise of the powers conferred by sub-sections (1), (2), (5) and (8) of section 25 and sub-section (2) of section 609 of the Companies Act, 1956 (1 of 1956), the Central Gover...

Read More

RTI Logo and Portal Launched

It is a simple and iconic logo depicting a sheet of paper with information on it, and the public authority – providing the information. This represents people’s empowerment through transfer and accountability in Governance. The logo’s shape and struc...

Read More
Posted Under: Service Tax |

SEZ – Clarification on Rule 47(3) of SEZ Rules, 2006 – Duty for sale of power from SEZ to DTA – Instruction No. 67, dated 28-10-2010

Instruction No. 67, (28/10/2010)

Instruction No. 67, dated 28-10-2010. The undersigned is directed to say that in order to implement the Custom Notification No. 91/2010, dated 6-9-2010, it has been decided that operation of Rule 47(3) of SEZ Rules, 2006 is kept in abeyance w.e.f. 6-9-2010 till further orders....

Read More

SEZ -Transfer of used Capital Goods by SEZ units

SEZ: Instruction No. 68 (28/10/2010)

SEZ : Transfer of used Capital Goods by SEZ units Instruction No. 68, dated 28-10-2010 Department of Commerce has been receiving a number of representations especially from IT/ITES SEZ units about their requests for transfer of capital goods from their STPI units to their newly formed SEZ units. In one case, the DC concerned permitted [&h...

Read More

SEZ – Energy Conservation in SEZs

SEZ: Instruction No. 66 (27/10/2010)

SEZ : Energy Conservation in SEZs Instruction No. 66, dated 27-10-2010 Please find attached guidelines on Energy Conservation in Special Economic Zones for implementation. This issues with the approval of Commerce & Industry Minister....

Read More

SEZ – Guidelines for Development of Special Economic Zones (SEZs)

SEZ: Instruction No. 65 (27/10/2010)

Instruction No. 65, dated 27-10-2010 Please find attached guidelines for Development of Special Economic Zones (SEZs) for implementation. This issues with the approval of Commerce & Industry Minister....

Read More

Synopsis of Recent Amendments In Provisions Of TDS

In case of salaries and other payments, the tax deducted by the employer/deductor is required to be deposited with the tax authorities on or before seven days from the end of the month in which the tax has been deducted. A relaxation has been provid...

Read More
Posted Under: Service Tax |