"29 March 2012" Archive

Excel Tips – How to Split Contents of Cells?

Suppose you have entered the full name of a person in a particular cell and you now want to have Surname, First Name and Middle Name in three different cells. To do this, simply select the cell that contains the Full Name of the person, Click . This will activate the text to columns wizard (See Figure). ...

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Trade Notice No. 25/2011, Dated: 29.03.2012

Trade Notice No. 25/2012 29/03/2012

A detailed step by step guide for filling the online SCOMET application is available on the DGFT website (dgft.gov.in) under the ‘Help’ option. A link for ‘SCOMET Help’ guide has also been provided at the end of the ‘Guidelines’ given below. Exporters are encouraged to file ANF 2E applications online. Exporters will have the...

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If there is no relevant notification, land within 8 kms of municipality limits deemed to be an ‘agricultural land’

Commissioner of Income tax Vs Madhukumar N. (HUF) (Karnataka High Court)

It is not in dispute that the Central Government has not issued any notification in terms of section 2(14)(iii)(b). An agricultural land is not a capital asset; it becomes a capital asset if it is the land located under section 2(14)(iii)(a) & (b). Section 2(14)(iii)(a) covers a situation when the subject agricultural land is located with...

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SEBI Merchant Bankers (Amendment) Regulations, 2012

Notification No. LAD-NRO/GN/2011-12/40/7335 29/03/2012

In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the Regulations to amend the Securities and Exchange Board of India (Merchant Bankers) Regulations....

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Private Sector in Passport Work do only only non-sensitive functions

As part of the Passport Seva Project, 77 Passport Seva Kendras (PSKs) are being established across the country on public-private-partnership basis as approved by the Union Cabinet in September 2007. Tata Consultancy Services have been entrusted inter alia with setting up the PSKs in cities as well as smaller towns, providing IT infrastruc...

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CBI Arrests Customs Superintendent For Accepting Bribe

The Central Bureau of Investigation, Chennai has registered a case against a Supdt. of Customs (presently Authorised Officer, ELCOT Special Economic Zone, Sholinganallur, Chennai) U/s 7 of Prevention of Corruption Act, 1988 on the allegation that he demanded a sum of Rs. Fifty thousand as illegal gratification from the complainant for obt...

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Posted Under: Finance |

Clarification Regarding Mega Power Project (MPP) exemption

Circular No. 963/06/2012-Central Excise 29/03/2012

Circular No. 963/06/2012-CX Whether the FDR is required to be submitted to the jurisdictional officer in-charge of the Mega Power Project or to the jurisdictional officer in-charge of the factory from where the goods are cleared for supply to such project: It is clarified that the FDR is required to be submitted to the jurisdictional D...

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Trade Notic No. 25/2012, Dated: 29.03.2012

Trade Notic No. 25/2012 03/03/2012

Trade Notice 25 Facility for online filing of Aayat Niryat Form 2E (application form for SCOMET Licence) is being introduced by DGFT to reduce time and transaction cost for the exporters and facilitate faster processing of SCOMET applications. Online SCOMET application can be accessed on the DGFT website under the icon ‘ECOM Applicatio...

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SLBC website – Standardisation of information/data

RBI/2011-12/475 RPCD.CO.LBS.BC.No.68 /02.01.001/2011-12 29/03/2012

As you are aware, all the SLBC convenor banks have been advised vide circular RPCD.CO. LBS.HLC.BC. No. 56/02.19.10/2009-10 dated February 26, 2010, to maintain the SLBC websites where all instructions pertaining to the Lead Bank Scheme and Government Sponsored Schemes are made available and are accessible to the common man desiring any in...

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Refund of 4% CVD (SAD)-Extension of time upto 30th June 2012, for using re-credited 4% CVD (SAD) amount in DEPB-Regarding

Circular No. 10/2012-Customs Duty 29/02/2012

Circular No.10/2012-Customs Your kind attention is invited to the Circular No.02/2012-Customs, dated 16-02-2012, regarding procedure on refund of 4% CVD (SAD). The above Circular provides the facility of manual filing of Bill of Entry for utilizing the amount of re-credited 4% CVD refunds (SAD) for payment of duty in case of re-credited D...

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