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False Copyright website

October 8, 2016 760 Views 0 comment Print

It has come to the notice of the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry that a website www.copyright.in is creating a false impression that it is the official website of the copyright registration office in India and inviting applications for protection of the various works i.e. literary, artistic, dramatic, musical, sound recording and cinematographic films along with its evidences.

Rate of exchange of conversion of foreign currency wef 07.10.2016

October 8, 2016 973 Views 0 comment Print

CBEC hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 07th October, 2016, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

Reg. Procedure governing import of un-shredded scrap

October 8, 2016 3718 Views 0 comment Print

Any sea port to be designated for import of un-shredded metallic scrap will be required to install Radiation Portal Monitors and Container Scanner with adequate security. The sea port having completed the above shall approach jurisdictional Customs for inspection and certification. Customs may give necessary clearance on receipt of certification from AERB. On getting clearance from Customs, DGFT will notify such a port as designated port for import of un-shredded scrap.

Notification No. 48/2016-Central Excise (N.T.) dated 07.10.2016

October 7, 2016 1999 Views 0 comment Print

Government of India Ministry of Finance (Department of Revenue) Notification No. 48/2016 – Central Excise (N.T.) New Delhi, dated, the 7th October, 2016 In exercise of the powers conferred by rule 3 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes amendments in the notification of the Government of […]

Delhi VAT- Speedy disposal of all refund claims

October 7, 2016 907 Views 0 comment Print

In terms of section 38 of the DVAT,Act 2004 and rules made thereunder, all refund cases pertaining to the wards/zones are required to be disposed off by the concerned Ward Incharge/Zonal Incharge within the stipulated period of two months. In the wake of ever-increasing pendency of Refund cases, directions of the Hon’ble High Court and with a view to provide impetus to the disposal of Refund cases so as to put them on fast track,

Operating Guidelines for Small Finance Banks

October 6, 2016 3655 Views 0 comment Print

The need for separate Operating Guidelines for small finance banks was examined, considering the differentiated nature of business and financial inclusion focus of these banks. Accordingly, the Operating Guidelines for small finance banks are given in the Annex.

Operating Guidelines for Payments Banks

October 6, 2016 1582 Views 0 comment Print

The need for separate Operating Guidelines for payments banks was examined, considering the differentiated nature of business and financial inclusion focus of these banks. Accordingly, the Operating Guidelines for payments banks are given in the Annex.

Priority Sector Lending – Revised Reporting System

October 6, 2016 961 Views 0 comment Print

On a review, it has been decided to modify the quarterly and annual reporting formats for reporting priority sector lending. The banks are, therefore, requested to furnish data on priority sector advances, in the enclosed revised formats

Import Data Processing and Monitoring System (IDPMS)

October 6, 2016 49021 Views 1 comment Print

In order to enhance ease of doing business and facilitate efficient data processing for payment of import transactions and effective monitoring thereof, Import Data Processing and Monitoring System (IDPMS) has been developed in consultation with the Customs authorities and other stakeholders.

Co-op Hsg. Society bound to transfer membership in the name of nominee

October 6, 2016 23386 Views 2 comments Print

Nominee of Deceased Member is absolutely entitled for the Ownership by transfer, Co-op. Soc can’t challenge the right of Nominee a settled Law of the land. No legal heirship, court order or succession certificate is required.

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