The withdrawal of excise duty benefits has a devastating impact on the Indian automobile industry. Explore the long-term consequences of this policy change.
The Future Belongs to Us-Let’s Think Big – The reviving economy, fast-paced globalisation and expansion of various sectors are offering an ocean of professional opportunities for the CAs.
Telecommunication services made available to users by means of any transmission or reception of signs, signals, writing, images and sounds or intelligence of any nature (other than broadcasting services) and regulated by the Telecom Regulatory Authority of India under the Telecom Regulatory Authority of India Act, 1997 (24 of 1997)
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 (as amended from time to time), the Central Government, with immediate effect, hereby amends the entry at Sl. No. 91 & inserts a new entry at Sl. No. 91 A in Chapter 15 of Schedule 2 of ITC(HS) Classification of Export & Import Items.
Ortiker India P. Ltd. (the Appellant or the Company) imported clamps from the related supplier outside India. The transactions were examined on arms length basis and the SVB branch vide order dated February 6, 2009 held that the transaction value has not been influenced
From 1.1.2015, all applications for IEC would be made in online mode only. All applicants will have to fill IEC application and also upload all required documents online. All IEC Certificates would also be issued by the concerned RA (with his digital signature) in digital format only. The applicant can take a print out of the digitally signed IEC, as and when required.
Amendments in Detailed Guidelines for Issue / Modification of Importer Exporter Code Number (IEC) as notified vide Public Notice No. 76 dated the 27th of November, 2014 and Para 9.1 of Handbook of Procedure vol.1 (2009-14).
Further, the Income Tax Authorities, Ministry of Corporate Affairs and the State Government of Punjab are being intimated about the exit of LSE, for appropriate action at their end.
I have prepared a small write up on The Prevention of Money Laundering Act, 2002. The write up aims at presenting a simple understanding of the source, handling and prevention of money laundering. Growing money laundering crimes is a threat to both the individual and economy and the real point lies in curtailing its source and happening. The write up also offers a sneak peek into various other legislations of similar nature. In short, a simple guide to identify, handle and prevent money laundering.
CBDT vide Circular No. 19/2014-Customs dated December 31, 2014 has introduced at 18 Sea Ports, the facility of 24×7 Customs clearance for specified imports i.e. goods covered by ‘facilitated’ Bills of Entry and specified export i.e. factory stuffed containers and goods exported under free Shipping Bills, effective from December 31, 2014.
