"10 April 2017" Archive

Government makes compliance of Labour Laws and Rules easy

Government reduces number of forms and Reports from 36 to 12 to lessen costs and compliance burden of various establishments....

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Posted Under: Corporate Law |

Demonitisation effect: HC condones delay in deposit of Court Fees

Prashant Sahu Vs Vijay Kumar Chourasiya (Madhya Pradesh High Court)

The complainant submits that because the complainant was to deposit the court fees, but due to financial insufficiency suffered by him, he could not make the deposit at the relevant time. It is also contended that during the said period, the Demonetisation was also in force, therefore, his non-deposit of the court fees be condoned and set...

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Rectification of errors in bank details given by exporters for processing incentive

Public Notices No. 50/2017-JNCH 10/04/2017

Attention of all Exporters/Customs brokers/members of Trade is invited to the fact that at times errors exist in the bank account number, IFSC etc., given by exporters, which leads to rejection of claim for payment of duty drawback by the local bank authorities. Similarly, even a single such error leads to rejection of entire scroll in th...

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Notification No. 34/2017-Customs (N.T.) dated 10/04/2017

Notification No. 34/2017-Customs (N.T.) 10/04/2017

NOTIFICATION NO. 34/2017-Customs (N.T.), Central Board of Excise and Customs hereby appoints officers mentioned in column (6) to act as a Common Adjudicating Authority to exercise powers and discharge duties conferred or imposed on officers mentioned ...

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Anti-dumping investigation of Hot-Rolled flat products of alloy or non-alloy steel

No. 14/9/2016-DGAD 10/04/2017

No. 14/9/2016-DGAD.—Having regard to the Customs Tariff Act, 1975 as amended in 1995 (hereinafter referred to as the Act) and the Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped Articles and for Determination of Injury) Rules,...

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DTA clearance of goods procured by EOUs/EHTP/STP units from indigenous sources – charging of Duty – reg.

Circular No. 13/2017-Customs 10/04/2017

Vide the above circular, it was clarified that in case raw materials/ capital goods etc., procured from indigenous sources by EOUs/EPZ/SEZ/EHTP/STP units are transferred/ sold back to DTA except for the purpose of replacement, the deemed export benefits already availed of against such goods shall be required to be refunded back and that t...

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Amendment in RBI directions relating to IFSC Banking Units (IBUs)

RBI/2016-17/273 DBR.IBD.BC.59/23.13.004/2016-17 10/04/2017

The fixed deposits accepted from non-banks by the IBUs cannot be repaid pre-maturely within the first year. However, fixed deposits accepted as collateral from non-banks for availing credit facilities from IBUs or deposited as margin in favour of an exchange, can be adjusted prematurely in the event of default in repayment of the loan or ...

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Custodian of Goods cannot deny his liability for export of Illicit Goods

M/s. Sanco Trans Ltd Vs The Customs, Excise and Service Tax Appellate Tribunal (Madras High Court)

This Civil Miscellaneous Appeal is filed by the assessee challenging an order of the Customs Excise and Service Tax Appellate Tribunal dated 15.6.2015 confirming imposition of penalty under section 114 of the Customs Act (in short Act) though reducing the quantum from Rs.5 lakhs to Rs.2.5 lakhs....

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Appointment of Consultants for GST Implementation in Indian Bank

REF: IB/ACCOUNTS/RFP/GST/01/2016-17 01/01/1970

Request For Proposal (RFP) For Engagement Of Consultant For Implementation Of Goods And Services Tax (GST) in Indian Bank. Last date of submission of Applications : 25.04.2017 ...

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Posted Under: Corporate Law |

Appointment of Consultants for GST Implementation in Central Bank of India

RFP Reference No: CBI/CO/CAD/BS/RFP-CONS/1/201 7-18 01/01/1970

Request For Proposal (RFP) for Appointment of Consultant for Implementation of Goods and Service Tax (GST) and Advisory Services Relating to Periodical Compliances in CENTRAL BANK OF INDIA...

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Posted Under: Corporate Law |

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