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Archive: 31 March 2016

Posts in 31 March 2016

Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016

March 31, 2016 3457 Views 0 comment Print

Prohibition against opening a branch office or a liaison office or a project office or any other place of business in India-No person resident outside India shall without prior approval of the Reserve Bank open in India a branch office or a liaison office or a project office or any other place of business by whatever name called except as laid down in these Regulations.

Notification No. 44/2016-Customs (N.T.) Dated: 31st March, 2016

March 31, 2016 2524 Views 0 comment Print

S.O. 1269(E). In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001

Notification No. 43/2016-Customs (N.T.) Dated-31st March, 2016

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Passenger arriving from countries other than Nepal, Bhutan or Myanmar.-An Indian resident or a foreigner residing in India or a tourist of Indian origin, not being an infant arriving from any country other than Nepal, Bhutan or Myanmar, shall be allowed clearance free of duty articles in his bona fide baggage, that is to say, –

Mediation in cases pending before Registrar of Trade Mark, Delhi

March 31, 2016 721 Views 0 comment Print

In view of the pendency of Opposition/Rectification matters at Trade Mark Registry, Delhi, the office of Controller General of Patents, Designs & Trade Marks (CGPDTM) in collaboration with Delhi State Legal Service Authority (DSLSA) has undertaken to initiate a project to liquidate such pendency through Mediation /Conciliation based on Mediation/Conciliation Rules framed under the Legal Services Authorities Act, 1987, which are available at the website of DSLSA. (www.dslsa.org).

Customs Duty on goods imported under Transfer of Residence

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(a) any person holding a valid passport issued under the Passports Act, 1967 (15 of 1967) and returning to India after having stayed abroad for at least 365 days during the two years immediately preceding the date of arrival in India, or (b) any person on a bona fide transfer of residence to India as part of his bona fide baggage,-

Effective Rate of Custom Duty on Baggage

March 31, 2016 11413 Views 0 comment Print

Where the value of any one article exceeds the duty free allowance admissible to such passenger or member under the Baggage Rules, 2016, the amount of duty shall be calculated only on the value in excess of the duty free allowance so admissible to the extent not availed of by such passenger or member for clearing any other article of baggage, if any.

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