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Archive: 16 January 2012

Posts in 16 January 2012

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 6447 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Increase in customs duty on Gold and silver in any form when imported into India by an eligible passenger

January 16, 2012 914 Views 0 comment Print

Notification No. 3/2012-Customs- -In exercise of the powers conferred by sub-section (1) of section 25 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. 172/1994-Customs, dated the 30th September, 1994, published in the Gazette of India, Extraordinary vide, G.S.R. No. 734(E), dated the 30th September, 1994,and notification No.31/2003-Customs, dated the 1st March, 2003,published in the Gazette of India, Extraordinary vide, G.S.R. No. 166(E), dated the 1st March, 2003, except as respects things done or omitted to be done before such supersession, the Central Government on being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in column (2) of the Table below and falling under Chapter 71 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India by an eligible passenger, from so much of the duty of customs leviable thereon which is specified in the said First Schedule, as is in excess of the amount calculated at the rate as specified in the corresponding entry in column (3) of the said Table and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act.

Increase in customs duty on Silver and Gold in any form imported into India, other than through post, courier or baggage

January 16, 2012 1033 Views 0 comment Print

Notification No. 2/2012-Customs, New Delhi, the 16th January, 2012 – G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.62/2004-Customs, dated the 12th May, 2004, published in the Gazette of India, Extraordinary vide, G.S.R. No.311(E), dated the 12th May, 2004, except as respects things done or omitted to be done before such supersession,

Further amends Notification No. 21/2002-Customs, Dated: 01.03.2002

January 16, 2012 1437 Views 0 comment Print

Notification No. 01/2012-Customs, New Delhi, the 16th January, 2012 G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1st March, 2002 which was published in the Gazette of India, Extraordinary, vide G.S.R. 118(E) dated the 1st March, 2002, namely: –

Download Retirement Calculator for Government Employees in Excel Format

January 16, 2012 91947 Views 14 comments Print

Calculation of Retirement Date for Central Govt Employees and State Govt Government Employees. The Calculator calculates Retirement Year , Month & Date. As per the Govt Order the Retirement Date must be last day of the month in which one reaches the retirement age but if employees s Date of Birth is 1st Day of Month, then his Date of retirement will be last Date of previous month in which he completes his retirement age.

Vodafone to list its shares in India

January 16, 2012 924 Views 0 comment Print

UK-based telecom major Vodafone has moved a step further to list its India operations by roping in investment bank NM Rothschild to assist the listing plans. According to sources, Vodafone India has roped in investment bank NM Rothschild to assist the company in its listing plans.

RBI – Infrastructure Financing in India – Progress & Prospects

January 16, 2012 691 Views 0 comment Print

IIT, Kharagpur is one of the very few educational institutes of India which has a strong linkage to our struggle for Independence and our vision for the future India. The Institute started its illustrious journey from Hijli Detention Camp where some of our freedom fighters were kept captive and had to make the supreme sacrifice for the freedom of our country.

Budget 2012 – Finance Minister holds Pre Budget Consultations with Trade Union Groups

January 16, 2012 769 Views 0 comment Print

The Union Finance Minister Shri Pranab Mukherjee said that food inflation has come down on the negative side in the last two consecutive weeks. The annual rate of inflation (year on year) for December 2011 has declined to 7.47% as against 9.11 % in November 2011 and 9.45% in December 2010. The Finance Minister Shri Mukherjee was addressing the representatives of Trade Union Groups as part of the ongoing Pre-Budget Consultations exercise for the year 2012-13.

If the contract is a works contract, then the service tax liability will only arise from 01/06/2007

January 16, 2012 1925 Views 0 comment Print

Issue before us involved in the current case is regarding the contract of supply, erection, installation and commissioning of fire, hydraulic systems and the issue before us in the case of the appellants own case in Final Order dt. 22/7/2010 was for supply, erection, installation and commissioning of power systems and distribution systems.

China Investments.. Opens South Korea

January 16, 2012 946 Views 0 comment Print

China promised to support the North Koreans in the event of a war against South Korea. The Chinese support created a deep division between the Korean communities. It might sound strange from where did this come off. Well it is the story of the China and the Korea war where china supported North Korea to fight against South Korea in the year of 1950. China is amending its old broken relationships with various nations. It is busy in formulating political strategies of erasing the mistakes crept in the history.

Budget 2012- Assocham asks govt to retain excise duty, service tax at at existing rate of 10 per cent

January 16, 2012 1309 Views 0 comment Print

Industry body Assocham has asked the government to retain both excise duty and service tax at existing rate of 10 per cent in the Budget for 2012-13. In its pre-budget memorandum submitted to Finance Minister Pranab Mukherjee, the chamber has asked the government to consider reducing Central Sales Tax (CST) rate from 2 per cent […]

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