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Archive: 24 March 2017

Posts in 24 March 2017

Revisit Provisions Regulating Disciplinary Control Over Lawyers: SC

March 24, 2017 621 Views 0 comment Print

Supreme Court Directs Law Commission of India to Revisit the Provisions Relating to Regulation of Disciplinary Control Over Lawyers Under the Advocates Act

Banks to remain open on all days from 25.03.2017 to 01.04.2017

March 24, 2017 5985 Views 1 comment Print

All Agency Banks are advised to keep all their branches dealing with government business open on all days in the current financial year and on April 1, 2017 (including Saturday, Sunday and all holidays).

Customs Clearance in case of RMS facilitated BEs for Pulse import

March 24, 2017 1356 Views 0 comment Print

It has been decided to streamline the import procedure for import of pulses especially when the importer is a DPD client and Bill of Entry is RMS facilitated i.e. under No assessment, & No examination.

Format of declaration of exporter on reverse of DGFT’s e-BRC

March 24, 2017 7731 Views 0 comment Print

Acceptance of e-BRC by the Customs Authorities would be subject to appropriate declaration by the exporter on the reverse of the DGFT’s e-BRC. Prescribed format of the said declaration is annexed herewith.

Promotion of Digital/Cashless Transactions by Government

March 24, 2017 609 Views 1 comment Print

The data on payment system indicators such as Paper Clearing, National Electronic Fund Transfer (NEFT) and National Automated Clearing House (NACH), registered growth in December, 2016 as compared to November 2016. However, the same showed a decline in January 2017 as compared to December 2016. • Immediate Payment Service (IMPS), Unified Payment Interface (UPI) and […]

Working of Cash Section & all Groups on 25.03.2017 (Saturday)-Reg.

March 24, 2017 975 Views 0 comment Print

Attention of all the importers, exporters, customs brokers and other stakeholders is invited to the fact that cash section and all the Assessing Groups under NS-I, III & V would be working on 25.03.20 17 (Saturday) due to closing of the financial year 2016-17.

Pre-import condition for inputs/import items specified in Appendix 4J

March 24, 2017 7818 Views 0 comment Print

With this Public Notice, clarity is brought about applicability of Pre-import condition for inputs/import items specified in Appendix 4J. Amendment is also carried out in General Note No. 15 of Chemical and Allied Products (SION Book) to align with Appendix 4J.

Trade Unions- A Small 5 Point analysis

March 24, 2017 1269 Views 0 comment Print

Generally, ‘Trade Union’ means the formal association of the workers or employees in an organization, a group of trades or profession formed to claim the legitimate rights and promote their common interest i.e. welfare rules for their own welfare.

Draft Law on Ponzi Schemes

March 24, 2017 702 Views 0 comment Print

A copy of the Report of the IMG along with the draft Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill was placed on the website of the Department of Financial Services (DFS) in March, 2016 for eliciting public comments.

ITAT on Commencement of Business of Metro Rail Project

March 24, 2017 909 Views 0 comment Print

Assessee has taken all the necessary steps to facilitate the building of Metro Rail System. Since the assessee has taken steps in furtherance of its main objects, it cannot be stated that the assessee has not commenced its business.

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