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Archive: 19 February 2015

Posts in 19 February 2015

Time barring assessment cases -CBDT- Request for Exchange of Information

February 19, 2015 15996 Views 0 comment Print

Board’s letter No. F.No. 500/56/2014-FT&TR-IV dated 06th January, 2015, wherein the officers from the field were requested to send all requests for exchange of information from foreign countries in cases getting barred by limitation on 31.03.2015 to the FT&TR Division latest by 15th February, 2015.

Rate of exchange of conversion of each of foreign currency WEF 20.02.2015

February 19, 2015 673 Views 0 comment Print

the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with

Eleven government services launched on eBiz Portal

February 19, 2015 1184 Views 0 comment Print

These services are required for starting a business in the country – four services from Ministry of Corporate Affairs, two services of Central Board of Direct Taxes, two services of Reserve Bank of India and one service each from Directorate General of Foreign Trade, Employees’ Provident Fund Organisation and Petroleum & Explosives Safety Organisation.

Govt notifies Indian Insurance Companies (Foreign Investment) Rules, 2015

February 19, 2015 1659 Views 0 comment Print

As per these rules, Foreign Direct Investment (FDI) proposals up to 26 per cent of the total paid-up equity of the Indian Insurance Company shall be allowed on the automatic route, and FDI proposals which take the total Foreign Investment above 26 per cent and up to the cap of 49 per cent shall require FIPB approval.

3 Year Jail to Superintendent of Central Customs & Excise in a Bribery Case

February 19, 2015 838 Views 0 comment Print

THREE YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS. 20,000/- TO THEN SUPERINTENDENT OF CENTRAL CUSTOMS & EXCISE IN A BRIBERY CASE The Special Judge for CBI cases, Visakhaptnam has convicted Sri Bhitravarapu Srikrishna, then Superintendent, Customs & Central Excise, Guntur Division, Customs & Central Excise, Brodipet, Guntur in a bribery case U/s.7 & 13(2) r/w. […]

Filling up of the post of Joint Secretary (Customs) in CBEC

February 19, 2015 913 Views 0 comment Print

I am directed to say that the post of Joint Secretary (Customs) in the Central Board of Excise & Customs under the Revenue Headquarters is proposed to be filled up from among the eligible officers of IRS (C&CE) cadre. IRS (C&CE) officer in the grade of Commissioner of Customs & Central Excise is eligible for the said post.

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