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Govt constitutes National Advisory Committee on AS

October 3, 2016 1975 Views 0 comment Print

Central Government hereby constitutes an Advisory Committee to be called the National Advisory Committee on Accounting Standards, consisting of the following persons, to advise the Central Government on the formulation and laying down of accounting policies and accounting standards for adoption by companies or class of companies under the said Act or the Companies Act, 2013 (18 of 2013) as the case may be

Govt notifies date of establishment of Insolvency & Bankruptcy Board of India

October 3, 2016 1171 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st October, 2016 S.O. 3110(E).-In exercise of the powers conferred by sub-section (1) and (3) of section 188 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints 01st October, 2016 as the date of establishment of Insolvency and Bankruptcy Board of […]

11 Changes in XLS offline utility for ST3 return for April, 16 to Sep 16

October 3, 2016 9640 Views 1 comment Print

Please refer to the Notified ST-3 form as updated through notification no. 43/2016 dated 28th September, 2016. The following changes have been made in the XLS offline utility for the ST3 return period April-September 2016-2017.  If the changes made in online differ, the same is mentioned at the respective places: 1. Financial Year (A4): is […]

IDS 2016- No disclosure of Break up based on trades/cities/states

October 3, 2016 1870 Views 0 comment Print

While announcing the results of the Income Declaration Scheme 2016 on 1st October, 2016 at a press conference in Delhi, the Honourable Finance Minister Shri Arun Jaitley stressed that no break-up of these declarations on the basis of trades/cities/states shall be released in order to ensure absolute secrecy with respect to the identity of the declarants.

Modification in procedure of applying for new ACS membership

October 3, 2016 1747 Views 0 comment Print

Henceforth, students can submit all supporting documents under self-attestation of the applicant himself. Attestation of all supporting documents from ACS/FCS members is no more required. It is clarified that student has to preserve original copies of the same with them and they shall be required to produce the same to the Institute, if demanded, at any time in future.

Reg. Exchange of Information from field officers in time barring cases

October 3, 2016 772 Views 0 comment Print

As per Central Action Plan 2016-17, EOI request in time-barring cases should be made one month before the time barring date. You are therefore requested to direct officers concerned to send all EOI requests getting time barred on 31.10.2016 and 31.12.2016 to FT &TR Division latest by 15.10.2016 and 30.11.2016 respectively.

Notification No. 57/2016-Customs dated 3rd October, 2016

October 3, 2016 2926 Views 0 comment Print

(a) in the case of Bhutan, the machinery and equipment [other than those exported under the Duty Exemption Scheme (DEEC) or Export Promotion Capital Goods Scheme (EPCG) or Duty Entitlement Passbook Scheme (DEPB)] are re-imported from Bhutan within seven years after their exportation or within such extended period, not exceeding three years, as may be allowed by the Principal Commissioner of Customs or Commissioner of Customs as the case may be, on sufficient cause being shown;

Notification No. 56/2016-Customs Dated: 3rd October, 2016

October 3, 2016 898 Views 0 comment Print

Provided further that in the case of import of gold / silver / platinum under the scheme for ‘Export Against Supply by Nominated Agencies’, the importer executes a bond in such form and for such sum as may be specified by the Assistant Commissioner of Customs or Deputy Commissioner of Customs, undertaking to export, either by itself or through other exporters, gold / silver / platinum jewellery or articles,

Notification No. 55/2016-Customs Dated- 3rd October, 2016

October 3, 2016 1798 Views 0 comment Print

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 55/2016-Customs New Delhi, the 3rd October, 2016 G.S. R. (E).-In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to […]

Notification No. 54/2016-Customs dated 3rd October, 2016

October 3, 2016 2578 Views 0 comment Print

The principal notification No. 91/2009-Customs, dated the 11th September, 2009 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 657 (E), dated the 11th September, 2009 and was last amended by notification No. 36/2016-Customs, dated the 1st June, 2016 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 569 (E), dated the 1st June, 2016.

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