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Archive: 01 February 2016

Posts in 01 February 2016

Two Years RI to Then Assistant Commissioner of Central Excise & Customs in DA Case

February 1, 2016 1010 Views 0 comment Print

Additional Special Judge for CBI Cases, Chennai has convicted Shri Balaji Rao, then Assistant Commissioner of Central Excise & Customs and his son Shri Arthanarishwar Rao in a Disproportionate Assets case. Shri M.Balaji Rao was sentenced to undergo two years Rigorous Imprisonment while his son Shri Arthanarishwar Rao to undergo one year Rigorous Imprisonment with total fine of Rs.75,000/-.

Physical filing of forms ARF, FCGPR and FC-TRS to discontinue from February 8, 2016

February 1, 2016 3111 Views 0 comment Print

A.P. (DIR Series) Circular No. 40 Foreign Direct Investment –Reporting under FDI Scheme, Mandatory filing of form ARF, FCGPR and FCTRS on e-Biz platform and discontinuation of physical filing from February 8, 2016

CENVAT Credit (First Amendment) Rules, 2016

February 1, 2016 4904 Views 3 comments Print

Notification No. 01/2016-Central Excise (N.T.) In exercise of the powers conferred by Section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules, 2004, namely:-

Rate of exchange of conversion of foreign currency wef 02.02.2016

February 1, 2016 806 Views 0 comment Print

Notification No. 17/2016 – Customs (N.T.) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following amendments in the Notification of the Central Board of Excise and Customs No.14/2016-CUSTOMS (N.T.), dated 21st January, 2016, with effect from 2nd February, 2016, namely:-

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