"October, 2016" Archive

India shortlists international law firms to represent in arbitration

12 International law firms have been shortlisted to represent Government of India in arbitrations/disputes under Bilateral Investment Treaties and/or investment chapters of Free Trade Agreement/Comprehensive Economic Partnership Agreements/Comprehensive Economic Cooperation Agreements...

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Posted Under: Corporate Law |

All Industry Rates of Drawback & related changes -reg

Circular No. 50/2016-Customs 31/10/2016

(a) AIRs have been provided to certain worked articles under chapters 45, 46 and 68; (b) Certain products, earlier with all customs AIRs, have been provided composite rates. These include rubber parts (for automobile or other machinery) of chapter 40 and children's picture, drawing/colouring books, etc. of chapter 49;...

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Notification No. 133/2016-Customs (NT), Dated: October 31, 2016

Notification No. 133/2016-Customs (NT) 31/10/2016

Notification No. 133/2016-Customs (NT) CBEC, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of GOI...

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CBEC amends Custom, Excise & Service Tax Drawback Rules WEF 15.11.2016

Notification No. 132/2016 - Customs (N.T.) 31/10/2016

These rules may be called the Customs, Central Excise Duties and Service Tax Drawback (Amendment) Rules, 2016. They shall come into force on 15th November, 2016...

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Reg. All Industry Rates Drawback effective from 15.11.2016

Notification No. 131/2016- Customs (N.T.) [G.S.R. 1018(E)] 31/10/2016

Central Government hereby determines the rates of drawback effective from 15.11.2016 vide notification No. 131/2016 - CUSTOMS (N.T.), Dated: October 31, 2016...

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EPFO inspectors to accept registers/records in electronic form

No. CAIU/011(59)2016/MOL/12872 31/10/2016

If any employer/establishment makes available registers/records in electronic form and accessible to the inspector/authority so as to be usable for a subsequent reference, then that employer/establishment should not be required to produce print/hard copy of these documents...

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GST: Dr. Amit Mitra writes to FM to provide relevant details for proper analysis

D.O. No. 290/FM/2016 28/10/2016

Kindly recall that as a follow up to the 3rd GST Council Meeting, the States were to receive updated database on tax payers under VAT, Central Excise and Service Tax....

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EPF- Death Case Claim Settlements Within 7 Days

No. CSD-l/CPGRAMS/Pragati E-SamikSha/2016/12866 31/10/2016

All death cases claims submitted by spouse/nominee/legal heir of EPF member be invariably settled within a period of 7 days from date of submission of claim form in concerned field office where the deceased members accounts are being maintained....

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Can NCLT review or recall its Order

NCLT, while exercising the power of rectification under section 254(2), can recall its order in its entirety if it is satisfied that prejudice has resulted to the party which is attributable to the Tribunal’s mistake, error or omission...

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Posted Under: Corporate Law |

Goddess Laxmi and Tax Revenue in GST Regime

Wherever Laxmiji stays growth is always there. Government should get tax revenue in the form of GST for financial growth of the country that may be the prayer of finance department. ...

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Posted Under: Corporate Law |

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