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Archive: May, 2015

Posts in May, 2015

Notification No. 34/2015-Customs Dated-25th May, 2015

May 25, 2015 3836 Views 0 comment Print

Notification No. 34/2015-Customs (8) Subject to the satisfaction of the said officer, duty shall not be leviable in respect of capital goods, raw material, consumables, spares, goods manufactured, processed or packaged, and scrap or waste or remnants or rejects are destroyed within the unit after intimation to Customs authorities or destroyed outside the unit with permission of Customs authorities:

Notification No. 30/2015-Central Excise Dated-25th May, 2015

May 25, 2015 1739 Views 0 comment Print

Notification No. 30/2015-Central Excise i) in the case of capital goods, such goods are not proved to the satisfaction of the said officer to have been installed or otherwise used within the user industry, within the period of validity of the Letter of Permission (LoP);

Application Form for Served From India Scheme for Net Foreign Exchange earning in year 2014 -15

May 25, 2015 564 Views 0 comment Print

ANF3B-2 for claiming benefit of Served From India Scheme (SFIS) for foreign exchange earned in the year 2014-15 is being notified.

Notification No. 48/2015 – Customs (N.T.) Dated- 25th May, 2015

May 25, 2015 877 Views 0 comment Print

G.S.R.………….(E).- In exercise of the powers conferred by sub-rule (1) of rule 3 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997 and in supersession of notification of the Government of India in the Ministry of Finance, Department

ICAI to take strict action against malicious email senders

May 25, 2015 3866 Views 0 comment Print

The Council of the Institute of Chartered Accountants of India (ICAI) at its 342nd meeting held on 5th and 6th May, 2015 noted the judgment dated 24th March, 2015 delivered by the Hon’ble Supreme Court of India in case of Shreya Singhal vs Union of India, whereby Section 66 A of the Information Technology Act, 2000 has been struck down.

OPJS University, Churu provides 'Master/Bachelor in C.A.' in Contravention of law

May 25, 2015 3273 Views 0 comment Print

It has been brought to our notice that OPJS University, Churu (Rajasthan), is offering/conducting certain programmes/courses under the nomenclature ‘Master in C.A.’ and ‘Bachelor in C.A.’ (under the School of Chartered Accountant). Conduct of such courses under the said nomenclature are in contravention of various provisions of the Chartered Accountants Act, 1949 (CA Act) and various other laws. It is stated that the ICAI is seized of the said matter and appropriate action against the OPJS University, in accordance with the law, has been initiated.

'Trading Plans’ – Exemption provision under SEBI (Prohibition of Insider Trading) Regulations, 2015

May 25, 2015 9495 Views 2 comments Print

S 12A (d) of the SEBI Act, 1992(`ACT’) prohibits insider trading securities in the securities market. S 15 G of the Act lays down penalty to be paid by a person who is engaged in insider trading. R 5 (1) of the SEBI ( Prohibition of Insider Trading ) Regulations,2015 (`REGULATIONS’) defines an ` Insider’ […]

CPE hours requirement for 2014-16

May 25, 2015 5058 Views 0 comment Print

Continuing Professional Education (CPE) hours requirement for 2014-16 Kindly note the following requirements w.r.t. completion of CPE hours for the period 1st January 2014 to 31st December 2016. A. Members, less than 60 years of age, holding Certificate of Practice except the ones who are residing abroad need to: Complete at least 90 CPE hours […]

Simplification of procedure to deal with audit objections raised by CAG-reg

May 25, 2015 988 Views 0 comment Print

Central Board of Excise and Customs has issued circular no. 1023/11/2016-CX dated 08/04/2016 to simplify the procedure of dealing with audit objections raised in indirect taxes by the office of CAG. The circular rescinds all the past Circulars and instructions and prescribes a new simplified and consolidated procedure.

Utility to know capital, currency, language & Country continent

May 24, 2015 8025 Views 0 comment Print

Please find details of the countries w.r.t their capital, currency, language and the continent in which they are falling. This excel sheet has been developed using advanced excel feature which enables it to predict words as happens in case of google search or other advanced search engines.

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