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Notification No. 57/2015-Customs (N.T.) Dated: 04/06/2015

June 4, 2015 1486 Views 0 comment Print

the matters relating to M/s Gujarat Ambuja Exports Limited, Ambuja Tower, Opp. Memnagar Fire Station, Post Navjivan, Ahmedabad 380014 (Gujarat) issued vide F.No. DRI/AZU/INV-27/2013/3332, dated the 18th December, 2014 by the Additional Director General, Directorate of Revenue Intelligence, Ahmedabad Zonal Unit, Ahmedabad

Notification No. 56/2015-Customs (N.T.) Dated: 04/06/2015

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

Notification No. 55/2015-Customs (N.T.) Dated: 04/06/2015

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

Notification No. 54/2015-Customs (N.T.) Dated: 04/06/2015

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

Notification No. 53/2015-Customs (N.T.) Dated: 04/06/2015

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

Investing into India through Mauritius

June 4, 2015 4007 Views 0 comment Print

Mauritius is well known as an excellent platform for structuring foreign direct investments into India. Not only does Mauritius benefit from a large network of double taxation avoidance agreements (DTAA), such as the India/Mauritius DTAA, it also has sophisticated legislation and regulations crafted with a view to establishing a well regulated and efficient investment funds industry.

Companies no longer required to file e-form INC-21 with ROC

June 4, 2015 57812 Views 5 comments Print

The requirement of filing declaration by a company before commencement of business or exercising its borrowing powers has been dispensed with under the Companies (Amendment) Act, 2015. Accordingly companies are no longer required to file e-form INC-21 with the Registrar through MCA portal. (Source- MCA)

Non-furnishing of any explanation itself will lead to Penal Consequences

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In the case of Radha Nutirents Ltd. Vs. ITO the Hon’ble ITAT held that the assesse has failed to provide the loan confirmation of the loan received from Shri Kathirase Kumar and was also unable to provide an explanation as to why such confirmation could not be filed.

Reg. Entitlement of Status Holders to export freely exportable items on free of cost basis

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Status holders shall be entitled to export freely exportable items on free of cost basis for export promotion subject to an annual limit of Rs. 10 lakh or 2% of average annual export realisation during preceding three licensing years, whichever is lower.

Transitional arrangements in respect of filing of applications & validity of Status Holder Certificate

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PUBLIC NOTICE NO. 17/2015-2020 (RE-2015), Dated: June 04, 2015 Amendments to the Handbook of Procedures of FTP 2015-2020, have been notified, in order to facilitate transitional arrangements in respect of filing of applications and validity of Status Holder Certificate. These amendments shall be deemed to have come into effect from 1st April, 2015.

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