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Archive: March, 2017

Posts in March, 2017

Notification No. 05/2017-Income Tax, Dated: 21.03.2017

March 21, 2017 2016 Views 0 comment Print

Central Government, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee

Amendments in Chapter 4 of Foreign Trade Policy 2015-20

March 21, 2017 4578 Views 0 comment Print

No Duty Free Import Authorisation shall be issued for an input where SION prescribes ‘Actual User’ condition and/or Appendix-4J prescribes pre import condition for such an input.

Amendment in Policy on Imports and Exports to Korea

March 21, 2017 906 Views 0 comment Print

This notification seeks to update the Foreign Trade Policy, 2015-2020 to account for current UN Security Council Resolutions concerning Democratic People’s Republic of Korea (DPRK) up to Resolution 2321(2016) of 30th November 2016.

List of cases selected for verification for Monitoring of DEEC / Advance

March 21, 2017 1464 Views 0 comment Print

EEC Monitoring Cell would select cases, on random basis, out of the cases, where verification is not prescribed by DGFT. In the month of March, 2017, the DEEC Mon Cell Cell has received 213 EODC’s.

Vessels sharing agreements of liner shipping out of CCI Purview-Reg.

March 21, 2017 879 Views 0 comment Print

Central Govt exempts Vessels Sharing Agreements of Liner Shipping Industry from provisions of section 3 of Competition Act, 2012 for a period of three months WEF 21.03.2017

Order No. 41 of 2017: Transfer and posting in CIT grade

March 21, 2017 5922 Views 0 comment Print

Postings/ transfers in the grade of Commissioner of Income Tax of 8 CITs posted at delhi are, hereby, ordered with immediate effect and until further orders:-

Procedure to apply TAN through SPICe Form No. INC-32

March 21, 2017 3960 Views 0 comment Print

Notification explains Procedure of TAN application through Simplified Profoma for Incorporating Company Electronically (SPICe) (Form No. INC-32) of Ministry of Corporate Affairs.

High expectations riding on new UP Government: ASSOCHAM

March 21, 2017 1149 Views 0 comment Print

Faced with high expectations created by a massive mandate given to the BJP, the incoming Chief Minister of Uttar Pradesh has to meet immediate challenges of ensuring much better electricity supply in the coming summer, give urgent relief to Bundelkhand  and find a lasting solutions for arrears of sugarcane farmers, the ASSOCHAM said today. The […]

Leggings (knitted or. crocheted) merit classification under CTH 6115

March 21, 2017 2688 Views 0 comment Print

CESTAT in the case of Commissioners of Customs, Tuticorin Vs. Go Fashions (I) Pvt. Ltd had held the leggings akin to tights and accordingly classified them under CTH 6115. An earlier ruling of the Government of India also held the same.

Vodafone/ Idea Merger “ Option to buy Shares given”- Ind-As Accounting approach

March 21, 2017 4473 Views 1 comment Print

Recent news on approving merger of Vodafone & Idea at their board level has given many questions related to its accounting under the new framework i.e. Ind-As.

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