"27 October 2010" Archive

Inclusion of After Sale Service & Pre-delivery Inspection Charges in assessable value

Circular No. 936/26/2010- Central Excise 27/10/2010

Board vide its earlier circular No. 643/34/2002-CX dated 1-7-2002 had clarified that After-sale Service and Pre-delivery Inspection charges were liable to be included in the assessable value under Section 4 of the Central Excise Act 1944. Further vide circular No. 909/29/09-CX dated 11.12.2009, it was directed to transfer all the show cau...

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SEBi Circular on European Style Stock Options- CIR/DNPD/6/2010, October 27, 2010

Circular No. CIR/DNPD/6/2010 27/10/2010

his circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market....

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Regarding continuation of anti-dumping duty on imports of 1-Phenyl-3-Methyl-5-Pyrazolone originating in, or exported from, Peoples Republic of China

Notification No. 111/2010-Customs, 27/10/2010

G.S.R. (E). -Whereas, the designated authority vide notification No. 15/5/2010-DGAD, dated the 1st July, 2010, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 1st July, 2010, had initiated review in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as...

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Exchange Rate notification for Import / Export of goods with effect from 1st November, 2010

Notification No. 91/2010-Customs (N.T.) 27/10/2010

S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.85/2010-CUSTOMS (N.T.), dated the 28th September, 2010 vide number S.O.2348 (E), dated the 28th September, 2010, ...

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Empanelment with Registrar for Mumbai and Konkan Division for Statutory Audit of Co-Operative credit Societies and Bank

Joint Registrar for Mumbai and Konkan Division started for Registration of Fresh Panel for the Period 01/04/2011 to 31/03/2014 for Co-Operative Societies Audit. ...

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Posted Under: Excise Duty |

Regarding continuation of anti-dumping duty on imports of 1-Phenyl-3-Methyl-5-Pyrazolone originating in, or exported fro

Notification No. 111/2010-Customs 27/10/2010

Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the said Customs Tariff Act and in pursuance of rule 23 of the said rules, the Central Government hereby makes the following amendment in the notificatio...

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Clarification regarding period of validity of approvals issued under section 10(23C)(iv), (v), (vi) or (via) and section 80G(5) of the Income-tax Act

Circular No. 7/2010-Income Tax 27/10/2010

Circular No. 7/2010 The Board has received various references from the field formations as well as members of public about the period of validity of approvals granted by the Chief Commissioners of Income Tax or Directors General of Income Tax under sub-clauses (iv), (v), (vi) and (via) of Section 10(23C) and by the Commissioners of Incom...

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Central Board of Direct Taxes (CBDT) is fighting many battles all at once – SSN Moorthy

The Central Board of Direct Taxes (CBDT) is fighting many battles all at once -- from the Vodafone tax case to pacifying India Inc on certain provisions of the direct taxes code, to voicing concerns on a hurried shift to IFRS. Haste makes waste. Th...

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Posted Under: Excise Duty |

Tax department want School children's to learn the importance of taxes

THE tax department wants to catch the next generation of tax payers early.School children will learn the importance of taxes for the society as part of their curriculum,an education the government thinks will ensure they grow up to become honest tax ...

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Posted Under: Excise Duty |

Finance Minister’s Address at EEC-2010

India recorded a GDP growth of 7.4 per cent in 2009-10. It has been further consolidated in the current fiscal year with growth in the first quarter estimated at 8.8 per cent. This is in line with the GDP projections of 8.5 ± 0.25 per cent growth in ...

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Posted Under: Excise Duty |

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