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Notification No. 09/2016-Customs (N.T.) Dated: 12/01/2016

January 12, 2016 1360 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub­section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Principal Commissioner

Notification No. 08/2016-Customs (N.T.) Dated: 12/01/2016

January 12, 2016 574 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub­section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional Director General

Notification No. 07/2016-Customs (N.T.) Dated: 12/01/2016

January 12, 2016 814 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub­section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional Director General

Notification No. 06/2016-Customs (N.T.) Dated: 12/01/2016

January 12, 2016 745 Views 0 comment Print

the Principal Commissioner of Customs, Air Cargo Complex (Import), New Custom House, Near I GI Airport, New Delhi-110037,

Notification No. 05/2016-Customs (N.T.) Dated: 12/01/2016

January 12, 2016 1951 Views 0 comment Print

the Principal Commissioner of Customs, Nhava Sheva-I, Mumbai Zone-II, Jawaharlal Nehru Custom House, Nhava Sheva, Dist. Raigad – 400707;

Notification No. 04/2016-Customs (N.T.) Dated: 12/01/2016

January 12, 2016 862 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub­section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs,

Quantity discount deductible in determination of assessable value

January 12, 2016 3994 Views 0 comment Print

It was held that when goods are cleared to the customers at a discount, the assessable value for the purpose of assessment should be the value arrived at after giving the quantity discount and not the value at which the goods were cleared from factory to depot.

23 FAQs on Corporate Social Responsibility U/s. 135 of Companies Act, 2013

January 12, 2016 12273 Views 0 comment Print

Section 135 of the Companies Act, 2013, Schedule VII of the Act and Companies CSR Policy Rules, 2014 read with General Circular dated 18.06.2014 issued by the Ministry of Corporate Affairs, provide the broad contour within which eligible Companies are required to formulate their CSR policies including activities to be undertaken and implement the same in the right earnest.

FEMA: Current and Capital Account Transactions and release of Foreign Exchange

January 12, 2016 128451 Views 3 comments Print

FOREIGN EXCHANGE MANAGEMENT ACT- Current and Capital Account Transactions and release of Foreign Exchange- As Amended by the Finance Act, 2015. A Current Account Transaction has been defined as a Transaction other than Capital Account Transactions, means all transaction which do not alter assets or liability outside India of resident or assets or liability in India of Non Resident treated as Current Account Transactions and without prejudice to the generality of the foregoing such transaction includes,

ICAI constitutes Group to look into definition of Accountant and other services a CA can render

January 12, 2016 1280 Views 0 comment Print

Arising out of discussion on the Opening Remarks of the President, the Council at its 348th meeting held on 10th and 11th December, 2015 at New Delhi had authorized the President to constitute a Group to look into the definition of `Accountant’ and other services a CA can render. Accordingly, the President, in terms of the authority conferred to him by the Council, has constituted the said Group with the following composition:-

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