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Archive: 18 April 2013

Posts in 18 April 2013

DGFT – Amendments in Paragraph 8.3 (c) and Paragraph 8.4 of the FTP pertaining to deemed exports scheme- Regarding

April 18, 2013 577 Views 0 comment Print

Exemption from terminal excise duty where supplies are made against ICB. In other cases, refund of terminal excise duty will be given. Exemption from TED shall also be available for supplies made by an Advance Authorisation holder to a manufacturer holding another Advance Authorisation if such manufacturer, in turn, supplies the product(s) to an ultimate exporter

Incremental Exports Incentivisation Scheme (IEIS) on annual basis

April 18, 2013 4481 Views 0 comment Print

(a) Objective of the Scheme is to incentivize incremental exports. (b) An IEC holder would be entitled for a duty credit scrip @ 2% on the incremental growth (achieved by the IEC holder) during the current year (for example, say for the period 01.04.2013 to 31.3.2014) compared to the previous year (for example, say for the period from 01.04.2012 to 31.3.2013) on the FOB value of exports. Incremental growth shall be in respect of each exporter (IEC holder) without any scope for combining the exports for Group Company.

Anti-dumping duty and safeguard duty would be leviable on goods imported against transferred DFIAs

April 18, 2013 358 Views 0 comment Print

Anti-dumping duty and safeguard duty would be leviable on goods imported against transferred DFIAs. Advance Authorisations will no more be available for import/supply of ‘energy’. Value Addition in respect of SEZ (in respect of para 4A.16A of FTP) would be as per SEZ Act.

DGFT harmonised Zero Duty & 3% Concessional Duty of EPCG Schemes

April 18, 2013 3625 Views 0 comment Print

Central Government hereby notifies the Chapter 5 of the Foreign Trade Policy, 2009-2014 harmonizing the two versions (Zero Duty and 3% Concessional Duty) of EPCG Schemes. This shall come into force w.e.f. 18th April, 2013.

CA Exams May, 2013 – Change in centre for students of Bangalore (Zone 2) (Karnataka), Jaipur (Rajasthan), and Sikar (Rajasthan)

April 18, 2013 1703 Views 0 comment Print

Due to unavoidable circumstances, candidates earlier allocated to the examination centre in (1) Govt. R.C. College of Commerce & Management, Bangalore (Zone-2), (2) University Commerce College, Jaipur, (3) University Rajasthan College, Jaipur, and (4) S.K. Govt. College, Sikar have been re-allocated in some other centres in the same Zone/City. The related communication to the candidates concerned is being sent separately.

Exchange Rate of Foreign Currency Relating to Imported & Export Goods Notified wef 19.04.2013

April 18, 2013 205 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.35/2013-CUSTOMS (N.T.)

Redress of investor grievances through SEBI Complaints Redress System (SCORES)

April 18, 2013 634 Views 0 comment Print

A scanned copy can be sent by email to scores@sebi.gov.in followed by hard copy to Office of the Investor Assistance and Education, Securities and Exchange Board of India, Plot No. C4-A, G Block, Bandra Kurla Complex, Mumbai 400 051

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