Follow Us:

Archive: 2013

Posts in 2013

Amend the Ammonium Nitrate Rules, 2012

July 9, 2013 1741 Views 0 comment Print

The requirement of safety distances referred to in sub-rule(4) and clause (iii) of sub rule (8) shall not be applicable to those Ammonium Nitrate storage premises, which were existing on the date of publication of these rules and were within the approved premises of the licences granted under the Explosives Rules, 2008 and Gas Cylinders Rules,

Delhi VAT – Regarding file audit report in Form-AR-1

July 9, 2013 2050 Views 0 comment Print

This is in continuation of circular No.VAT Audit/HQ/2013-14/2406-2413 dated 02-07-­2013 vide which it was clarified that the audit of business affairs of the dealers having GTO more than Rs.10 Crore for the year 2012-13 may be conducted after 15-11-2013 i.e. after submission of audit report for the year 2012-13 in Form AR-1.

DGFT Notifies new SION A-3643

July 9, 2013 1006 Views 0 comment Print

In exercise of the powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and paragraph 1.1 of Handbook of Procedure (Vol. I) the Directorate General of Foreign Trade hereby notifies a new SION A-3643 under Chemicals and Allied Products – in respect of the export product “Fatty Alcohol (Cetyl, Stearyl, Ceto-Stearyl)” as under.

FTP – DGFT Amends SION A-1442

July 9, 2013 862 Views 0 comment Print

SION A-1442 has been revised to add (i) two new inputs and (ii) reduce the quantity of two existing inputs. The name of the export product has been widened from “Ortho Tertiary Butyl Cyclohexyl Acetate” to “Ortho Tertiary Butyl Cyclohexyl Acetate and or Ortho Tertiary Butyl Cyclohexyl Acetate Super”. Public Notice No.16 (RE: 2013)/2009-2014

SEBI – FII/QFI investments in Security Receipts

July 9, 2013 1161 Views 0 comment Print

The consolidated FDI policy circular issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, effective from April 05, 2013, states that FII investments in Security Receipts issued by Asset Reconstruction Companies should be within the FII limit on corporate bonds prescribed from time to time.

Issuing C form is statutory obligation of buyer, can be enforced by a writ petition in HC

July 8, 2013 58646 Views 35 comments Print

Many a times I receive queries on a common problem faced by many dealers all over India that what to do when the interstate purchaser of goods refuses or does not issue the requisite C forms after purchasing the goods at concessional rate of CST @ 2%.

CBEC hikes Import duty on Sugar by five percentage

July 8, 2013 1102 Views 0 comment Print

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

We Should Be Given Right to Have Simplified Taxation Laws

July 8, 2013 2423 Views 0 comment Print

CA Sudhir Halakhandi We have been given some of the very important rights by our law makers in recent years such as Right to information, Right to education and the newly introduced  right to food (Recent Food security Bill). These all are recently introduced fundamental right of the citizens of the country. In a democratic […]

SEBI Revises Position Limits for Exchange Traded Currency Derivatives

July 8, 2013 1017 Views 0 comment Print

In consultation with RBI and in view of the recent turbulent phase of extreme volatility in USD-INR exchange rate, it has been decided to curtail position limits and increase margin requirements for Currency Derivatives as follows: a. Margins: Initial and extreme loss margins shall be increased by 100% of the present rates for USD-INR contracts in Currency Derivatives.

Transfer of leasehold rights in land and building would not attract provisions of section 50C

July 8, 2013 17596 Views 1 comment Print

Assessee has sold/transferred a lease hold landed property at 36, SSGT road, Industrial area, Ghaziabad at a consideration of Rs.3,25,00,000/- to Sara exports Ltd. The said lease hold property was acquired by the assessee way back in 1971 as per the original elase deed dt. 26.8.71

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930