"12 December 2013" Archive

Lok Adalat Commences in Company Law Board

To mitigate the hardship of small investors and to expedite disposal of cases pending before the Company Law Board the first ever Lok Adalat was successfully held at the Company Law Board, Mumbai Bench at Mumbai on 07-12-2013....

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Posted Under: Company Law |

Delhi VAT : Filing of R.10 block of Form 1 for 2009-10,2010-11,2011-12 and 2012-13 and for 2nd Quarter return of 2013-14 – extension of period thereof

Circular No. 29 of 2013-14 12/12/2013

Circular No.29 of 2013-14 - Sub: Filing of R.10 block of Form 1 for 2009-10,2010-11,2011-12 and 2012-13 and for 2nd Quarter return of 2013-14 - extension of period thereof....

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No Rectification in TDS statement if PAN error is of more than 2 characters

Advocate C P Chugh I have raised the following query with CPC-TDS on procedure for closer of demand created by CPC-TDS in case of invalid PAN. “Dear Sir,   As per Conso file there are 8 Invalid PAN which relates to records of deductee with “PANNOTAVBL” and tax @ 20% has been deducted and deposited, […]...

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Posted Under: Company Law |

VCES – No Declaration for Period not covered by Scheme, Installment Payment Possible

F. No. B1/19/2013-TRU (Pt.) 11/12/2013

In one instance, the Designated Authority has asked a declarant, who has “tax dues” only for a part of the period covered by the Scheme, to furnish an undertaking that he had no unpaid “tax dues” for the remaining period covered by the Scheme....

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Extension of warehousing and acceptance of LUT in place of Bank Guarantee for export warehousing for Status Holder Manufacturer Exporters – reg.

Circular No. 976/10/2013-Central Excise 12/12/2013

conditions, procedures and safeguards applicable for storage in a warehouse registered at such places as may be specified by the Board and export therefrom regarding all excisable goods specified in the First Schedule to the Central Excise Tariff Act, 1985. ...

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DRI Asked to Focus on Better Trade Facilitation

The Union Finance Minister Shri P. Chidambaram asks Directorate of Revenue Intelligence (DRI) to focus on better trade facilitation and in order to achieve that use latest technology and share information with its other counterpart agencies. ...

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Posted Under: Company Law |

Restriction on export of three chemicals

Notification No. 56 (RE-2013)/2009-2014 12/12/2013

Export of three chemicals namely Dimethylamine Hydrochloride, Sodium Cyanide , Sodium Fluori has been 'Restricted'. Export of these items would now be permitted under license. ...

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