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Archive: 2013

Posts in 2013

CIT-DR Accuses ITAT of Hurrying & Burying Justice; ITAT initiated action for contempt

December 13, 2013 2096 Views 0 comment Print

At this juncture Shri Mishra in a malicious and contemptuous manner alleged that the Bench is hurrying the justice and burying the justice. Such type of unprovoked utterances from a Commissioner of Income Tax

Change in Tariff Value of Gold and Silver notified- Notification No. 130/13-Customs (N. T.)

December 13, 2013 1193 Views 0 comment Print

Notification No. 130/13-CUSTOMS (N. T.), Dated : 13th December, 2013 – Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds and Gold, Silver and Areca Nuts Notified

Lok Adalat Commences in Company Law Board

December 12, 2013 1830 Views 0 comment Print

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.

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

December 12, 2013 1559 Views 0 comment Print

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.

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

December 12, 2013 75002 Views 82 comments Print

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, […]

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

December 12, 2013 2202 Views 0 comment Print

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.

DRI Asked to Focus on Better Trade Facilitation

December 12, 2013 420 Views 0 comment Print

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.

Restriction on export of three chemicals

December 12, 2013 1117 Views 0 comment Print

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

Notification No. 129/2013-Customs (N.T.) Dated: 11/12/2103

December 11, 2013 643 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional

Notification No. 128/2013-Customs (N.T.) Dated: 11/12/2013

December 11, 2013 424 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional

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