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Archive: March, 2017

Posts in March, 2017

No Reopening of Assessment on the basis of mere Audit Objection: SC

March 24, 2017 9066 Views 0 comment Print

The present appeal has been filed against the final judgment and order dated 17.11.2006 passed by the Division Bench of the High Court of Jharkhand at Ranchi in W.P. (T) No. 2630 of 2006 whereby the High Court dismissed the petition filed by M/s Larsen & Toubro Ltd.-the appellant –Company while upholding the order dated 27.02.2006 passed by the Deputy Commissioner

Aadhaar Seeding Services by EPFO offices for KYC Seeding

March 24, 2017 2145 Views 0 comment Print

In pursuance to the policy of the Government of India, of optimum use of information technology for efficient service delivery and widening the reach of EPF benefits, appropriate guidelines have been issued from this once for installation and operatonalisation of proper infrastructure in the field offices of ERR) to help and facilitate our

An Analysis of Properties and Sources of Divergence

March 24, 2017 834 Views 0 comment Print

A key feature of the inflationary process during 2015-16 was the large divergence in the Consumer Price Index (CPI) and Wholesale Price Index (WPI) inflation.

Revisit Provisions Regulating Disciplinary Control Over Lawyers: SC

March 24, 2017 771 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 6189 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 1752 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 8463 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 879 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 1167 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 8331 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.

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