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Archive: 06 July 2016

Posts in 06 July 2016

Duty exemption to sugar exported under Advance Authorization Scheme

July 6, 2016 1549 Views 0 comment Print

(a) Exports are effected in proportion to the import of raw sugar against the said Advance Authorization; (b) Advance Authorization holder has not got the said Authorization invalidated;

Sale of goods at Duty Free Shops in Indian Currency

July 6, 2016 1855 Views 0 comment Print

Representations have also been received from travelers that duty free shops neither display prices in Indian Rupees nor display India made goods at duty free shops, which depreciates the visibility of Indian manufactured products and Indian currency.

Standard Format for AGM Proceedings & What Chairman to Speak

July 6, 2016 24241 Views 0 comment Print

We have appended below a standard template for Annual General Meeting (AGM) Proceedings under Companies Act,2013 read with other applicable laws. It comprises what Chairman needs to speak/ and how he needs to convene the AGM.

Amendment in SION of Product Group`Chemical & Allied Products’

July 6, 2016 829 Views 0 comment Print

The standard Input Output Norms (SION) for export product under S No. A 1875 has been reviewed. There is change in the description of the Export and Import items.

Reg. exemption to goods manufactured at construction site

July 6, 2016 1906 Views 0 comment Print

Representations have been received from the trade regarding difficulties being faced in availing of benefit of exemption applicable to goods manufactured at the site of construction for use in construction work at such site vide S. No. 186 of Notification No. 12/2012-Central Excise, dated 17.03.2012, as amended.

Rate of exchange of foreign currency conversion WEF 07.07.2016

July 6, 2016 1699 Views 0 comment Print

CBEC rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, shall, with effect from 07th July, 2016, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

Secretarial Audit- An Approach!!!! (Under Companies Act, 2013)

July 6, 2016 5365 Views 0 comment Print

Earlier Under Companies Act, 1956, Secretarial Audit was not mandatory for the Companies, but with the enactment of Companies Act, 2013, Secretarial Audit is mandatory for certain companies under Section 204 of Companies Act, 2013.

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