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Notification No. 7/2016-Customs Dated: 2nd February, 2016

February 2, 2016 1420 Views 0 comment Print

Notification No. 7/2016-Customs Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 12/2012-Customs, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.185 (E), dated the 17th March, 2012, namely:-

Delhi VAT: Dealers to Submit DP-1 latest by 29.02.2016

February 1, 2016 672 Views 0 comment Print

No.F.3(352)Policy/VAT/2013/1395-1405 regarding submission of information online in Form DP-1, I, S.S.Yadav, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, in exercise of the powers conferred on me by sub-section(1 ) read with sub-section (2) and (3) of section 70 and sub-section (2) of section 59 of Delhi Value Added Tax Act, 2004, notify that the Form DP-1 shall be submitted online by all the dealers latest by 29.02.2016.

Guidelines on Online Application Form for Issue/Modification in Importer Exporter Code (IEC) Number

February 1, 2016 6043 Views 0 comment Print

Applicants can, with immediate effect, submit online application for IEC by uploading only 2 documents, besides their digital photograph. The manual mode of applications for IEC will cease to exist w.e.f. 1.4.2016 and only online applications for IEC /modification in IEC would be accepted with digital signatures w.e.f. 1.4.2016.

CA IPC November, 2015 Exams Pass Percentage & Toppers

February 1, 2016 7269 Views 0 comment Print

February 1, 2016- ICAI PRESS RELEASE The Institute of Chartered Accountants of India (ICAI) today announced the result of Chartered Accountants Intermediate Examination (IPC) held in November, 2015. The top three rank holders on all India basis of Chartered Accountants Intermediate (IPC) Examination held in Nov, 2015 are from Kathmandu and Delhi. Their details along […]

Key changes proposed by Companies Law Committee on issues arising out of implementation of Companies Act, 2013

February 1, 2016 1331 Views 0 comment Print

a) Managerial remuneration to be approved by shareholders. [s. 197, 198] b) Modify definition of associate company and subsidiary company to ensure that ‘equity share capital’ is the basis for deciding holding-subsidiary relationship rather than both equity and preference share capital. [s. 2]

Inclusion of show cause notice’s issued in relation to levy of CVD on vessels imported for breaking in Call-Book-reg.

February 1, 2016 757 Views 0 comment Print

Circular No. 1014/02/2016-CX Hon’ble High Court has held that duty under Central Excise Act, 1944 can be levied, if the article has come into existence as a result of production or manufacture. Articles which are not produced or manufactured cannot be subjected to levy of excise duty.

True Wisdom for a Happy, Peaceful and Purposeful Life

February 1, 2016 1136 Views 0 comment Print

1. The law of karma is inexorable. Therefore, be aware of the fact that the energy emanating from us in the form of thought, speech and deed should always be positive. 2. Never think or speak negatively about yourself, that puts you in disagreement with God. 3. Meditate on your God given strength and learn to encourage yourself, for much of the time nobody else will.

Prayer for Peace of Mind, Mental Health & Inner Strength

February 1, 2016 3257 Views 0 comment Print

There is a Power, which governs the affair of this Universe. We may call it by any name viz. Supreme Intelligence, Supreme Soul, Supreme Power, Supreme Consciousness or God. As rightly told by all the saints of diverse faiths, every human being has, within himself a spark of the Divine. To put it differently, every human being has got within himself a fragment or a part of the Supreme Power or Intelligence.

Signing of bilateral Advance Pricing Agreements with United Kingdom

February 1, 2016 393 Views 0 comment Print

The Central Board of Direct Taxes (CBDT) has entered into two bilateral Advance Pricing Agreements (APAs) with United Kingdom on 29th January, 2016. With this signing, CBDT has concluded three bilateral APAs the first one being a bilateral APA signed with Japan in December, 2014.

ICAI President's Message – February 2016

February 1, 2016 1485 Views 0 comment Print

Dear Friends, I started my journey in the active service of profession in the year 1991 as an office bearer of Indore Branch of CIRC of ICAI. I am happy that after 24 years, the profession gave me the opportunity to serve as the 63rd President of the ICAI, in the year 2015. Earlier, I […]

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