"22 July 2016" Archive

Removal from the list of Inspection and Certification Agencies

Public Notice No. 23/2015-2020-DGFT (22/07/2016)

M/s. Trans Border Safety Control Inspection Services LLC, USA was notified as Pre Shipment Inspection Agency vide Public Notice No. 34(RE: 2013)/2009-14 dated 29.10.2013. A Show Cause Notice (SCN) No. 01/53/171/214/AM16/PSIA-101/IC dated 3/6/2016 was issued to them for mis-declaration in the Pre-Shipment Inspection Certificate issued by t...

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SOP to handle 14 Lakh AIR transactions without valid PAN

F.No. 225/193/2016/ITA.II (22/07/2016)

Kindly refer to the above subject. Directorate of Systems has processed non-PAN AIR transactions which resulted in identification of around 7 lakh high risk transaction clusters having around 14 lakh non-PAN AIR transactions. These transactions have been assigned priority rating P1 to P3 (P1 being the highest priority) and each non-PAN AI...

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Permission to pay service tax through non electronic modes

F.No 137/08/2013-Service Tax (22/07/2016)

Rule 6(2) of the Service Tax Rules, 1994 stipulate that while every assessee shall pay service tax electronically through internet banking, the jurisdictional Deputy/Assistant Commissioner, may, for reasons to be recorded in writing, allow the assessee to deposit service tax by any other mode....

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No adverse impact of Brexit on Indian economy

Government has assessed the impact of Brexit on the Indian economy. Thus far, India has not only avoided adverse impacts, it has in fact emerged as a safe haven for investors around the world....

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Posted Under: DGFT |

Petition for return of Stridhan to be filed in form of plaint

Smt. Devika Joshi w/o Vs Shri Deepak Joshi S/o (Chhattisgarh High Court)

Petition for return of Stridhan to be filed in form of plaint; ad valorem court fee not payable on such petition, only fixed court fee of Rs. 40/- payable. 1. Present is an appeal under Section 19(1) of the Family Courts Act, 1984 assailing the legality and validity of the order passed by the Family […]...

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Promotion of 196 ITO to ACIT grade- Order No. 138 of 2016

Order No. 138 of 2016 (22/07/2016)

The President is pleased to appoint the following 196 Income Tax Officers, presently posted in the region shown against their names in the grade of Assistant Commissioner of Income Tax (ACIT) on ad hoc basis for the vacancy year 2015-16, in the pay scale of Rs. 15600-39, 100 (plus grade pay of Rs. 5400/- in pay band 3) with immediate effe...

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Promotion of 18 ITO to ACIT grade- Order No. 138 of 2016

Order No. 137 of 2016 (22/07/2016)

President is pleased to appoint the following 18 Income Tax Officers, presently posted in the region shown against their names in the grade of Assistant Commissioner of Income Tax (ACIT) on ad hoc basis for the vacancy year 2014-15, in the pay scale of Rs. 15600-39, 100 (plus grade pay of Rs. 5400/- in pay band 3) with immediate effect...

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Provisions Relating to Cartels under Competition Act, 2002: FAQs

Cartels are agreements between enterprises (including a person, a government department and association of persons / enterprises) not to compete on price, product (including goods and services) or customers. The objective of a cartel is to raise price above competitive levels, resulting in injury to consumers and to the economy. For the c...

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Posted Under: DGFT |

How to File Information under Competition Act, 2002- FAQs

The information can be filed on the issues like anti-­competitive agreements and abuse of dominant position or a combination which causes or is likely to cause an appreciable adverse effect on competition in the markets in India....

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Posted Under: DGFT |

ICAI to Standardise Guidance Notes issued by it

The basic structure of the Guidance Note may include guidance on the Background/Introduction, Scope, Objective etc. so as to give the reader a brief idea of the topic for which the guidance is being provided. Thereafter, the descriptive narrative for the guidance may be followed. However, as the narrative related to the guidance on the to...

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Posted Under: DGFT |