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Archive: 03 December 2013

Posts in 03 December 2013

Export policy of Narcotics drugs and Psychotropic substances

December 3, 2013 394 Views 0 comment Print

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2009-2014, the Central Government, with immediate effect, hereby makes the following amendments in Chapter 29 of Schedule 2 of ITC(HS) Classification of Export and Import Items.

Amendment in export policy for export of value added products of Red Sanders wood

December 3, 2013 481 Views 0 comment Print

Value added products of Red Sanders wood such as Chips, Powder, Extracts, Dyes, Musical Instruments, Parts of Musical Instruments, Furniture, Parts of various sizes of furniture (maximum cross section: sizes: 15 cm X 15 cm; Planks: 20 cm X 7.5 cm and maximum length 2.5 Mtrs), toys, dolls & other handicrafts made from Red Sanders wood procured from legal sources.

Public Notice No. 42 (RE-2013)/2009-2014, Dated: 03.12.2013

December 3, 2013 337 Views 0 comment Print

Such entity/entities or Government of Andhra Pradesh, as the case may be, shall be granted export authorization by the concerned Regional Authority of DGFT upon production of quantity allocation letter from Government of Andhra Pradesh.

SEBI : Illustrative format of Statement of Assets & Liabilities in SEBI (ICDR) Regulations, 2009

December 3, 2013 340 Views 0 comment Print

After the notification and implementation of the revised Schedule VI of Companies Act, 1956, the aforesaid format has been updated and brought in line with the requirements of the Companies Act, 1956.

Intermediary Services – Place of Provision

December 3, 2013 5058 Views 0 comment Print

A service is taxable only when, inter alia, it is provided (or agreed to be provided) in the taxable territory. Thus, the taxability of a service will be determined based on the place of its provision. For determining the taxability of a service, therefore, one needs to ask the following questions sequentially:—

Debt Recovery Tribunal- The Influencing Factor

December 3, 2013 1181 Views 0 comment Print

The law mimics the human condition in its ambiguities. Great effort has been put forth to project the image of objectivity and a lack of bias in legal decisions. Try, as they may, for better or for worse, humanity cannot extricate itself from its own prejudices and agendas.

CMA President's Communique for December 2013

December 3, 2013 1584 Views 0 comment Print

On the wake of the Draft Companies (Cost Records and Cost Audit) Rules, 2013 notified by the Ministry of Corporate Affairs, Government of India on 21st November, 2013 U/s 148 of the Companies Act, 2013,

Shocking amendment in section 66-Analysis of Punjab VAT (Second Amendment) Act, 2013-part 4

December 3, 2013 1877 Views 0 comment Print

Amendment in section 51- Person in-charge included transporters: Section 51 which relates to the road side checking law has been amended so as to provide that the person incharge of goods shall also include the carrier of goods or agent of transport company or booking agency or any other bailee for transportation and in-charge or owner […]

Drastic Amendment in Punjab Agricultural Produce Market General Rules, 1962

December 3, 2013 2804 Views 0 comment Print

Government need funds for various purposes like maintenance of law and order, health services, education etc. and for this obtains funds from various sources and out of which Mandi board also plays vital role, Which deals with levy of fees on agriculture produce but now Punjab Government has inserted new rule after rule 30-A i.e. 30AA which specifically deals with sale or purchase of any agriculture produce brought into the state of Punjab from outside.

How to Register under Employees' State Insurance Act, 1948

December 3, 2013 12951 Views 0 comment Print

Procedure for Registration of Factories under Employees’ State Insurance Act, 1948- Ascertain whether your factory / establishment is situated within the area of implementation by ESIC (Implemented area). Regional Office, Sub Regional Office, Branch Offices, and Inspectorates Office of ESIC will guide you, on this matter, if contacted.

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