"09 July 2012" Archive

Amends Notification Nos. 92/2009-Cus, 93/2009-Cus, 94/2009-Cus, 95/2009-Cus & 104/2009-Cus

Notification No. 44/2012-Customs (09/07/2012)

Notification No. 44/2012-Customs - 92/2009-Customs,dated the 11th September, 2009 [Vide number G.S.R. ­­­­­­658 (E), dated the 11th September, 2009] - In the said notification, in the opening paragraph, in condition (ii), for the words goods, but for this exemption;, the words and figures goods and the proper officer of cust...

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Regarding exemption under Status Holder Incentive Scrip (SHIS) scheme

Notification No. 33/2012-Central Excise [G.S.R. 545 (E).] (09/07/2012)

Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts capital goods specified in the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), when cleared against a Status Holder Incentive Scheme duty credit scrip issued to a Status Holder by the Regio...

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Regarding Exemption under Vishesh Krishi and Gram Udyog Yojana (VKGUY)

Notification No. 32/2012-Central Excise (09/07/2012)

(i) the whole of the duty of excise leviable thereon under the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) (ii) the whole of the additional duty of excise leviable thereon under section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957)...

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Regarding Exemption under Agri. Infrastructure Incentive Scrip

Notification No. 31/2012-Central Excise [G.S.R. 543(E).] (09/07/2012)

central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts capital goods specified in the Table annexed hereto, when cleared against an Agri. Infrastructure Incentive Scrip duty credit scrip issued to an exporter by the Zonal Office, Central Licensing Area, New Delhi in accordance with para...

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Duty exemption when cleared against a Focus Market Scheme duty credit scrip issued to an exporter

Notification No. 30/2012-Central Excise [G.S.R. 542 (E).] (09/07/2012)

central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), when cleared against a Focus Market Scheme duty credit scrip issued to an exporter by the Regional Authority in ac...

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Regarding exemption under Focus Product Scheme (FPS)

Notification No. 29/ 2012-Central Excise [G.S.R. 541 (E).] (09/07/2012)

(i) export oriented units or electronic hardware technology parks or biotechnology parks which are availing direct tax benefits or exemption (ii) Export of imported goods covered under Para 2.35 of the Foreign Trade Policy...

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Government Securities Act, 2006 & Government Securities Regulations, 2007

Government security (G-Sec) means a security created and issued by the Government for the purpose of raising a public loan or any other purpose as notified by the Government in the Official Gazette and having one of the following forms....

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Posted Under: Custom Duty |

Prudential Guidelines on Capital Adequacy – Treatment of Head Office Debit Balance – Foreign Banks

RBI/2012-13/121 DBOD.No.BP.BC.28/21.06.001/2012-13 (09/07/2012)

A reference is invited to the paragraph 4.2.3 - Notes (iv) of the Master Circular on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) dated July 2, 2012, wherein it is mentioned that ‘the net credit balance, if any, in the inter-office account with Head Office/overseas branches will not be reckoned as ca...

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