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
Large disparities have been noticed in the application of CCFs on guarantees issued by banks. As incorrect application of CCFs may have a direct bearing on the capital adequacy, banks are advised to keep in view the following principles for application of CCFs:
NABARD includes Cost Accountant for Stock Audit – Delhi VAT Act now also includes Cost Accountants for VAT Audit – National Bank for Agriculture and Rural Development (NABARD) vide its circular dated 30.1.2013,include Cost Accountant also for purpose of carrying out the Stock Audit for Working Capital Finance of Central Cooperative Banks and State Cooperative Banks.
