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ICAI President's Message – January 2014

January 1, 2014 898 Views 0 comment Print

Empanelment of CA Firms for 2014-2015 – Office of the Comptroller and Auditor General of India has invited online applications from the firms of chartered accountants, who intend to be empanelled with their office for appointment as auditors of the Government companies/corporations for the year 2014-2015.

MVAT : Exemption from Payment of Late Return Filing Fees / Penalty

January 1, 2014 10748 Views 0 comment Print

In exercise of the powers conferred by the proviso to sub-section (6) of section 20 of the MahArashtra Value Added Tax Act. 2002 (Mah. IX of 2005), the Government of Maharashtra, hereby exempt in the public interest, the late fee, to the extent specified in column (d). in respect of the returns specified in column (c) of the Schedule appended hereto, by the class or classes of dealers specified in column (b), subject to the conditions mentioned in column (e) of the said Schedule with effect from the 1st August 2012.

Notification No. 34/2013-Customs (ADD) Dated: 31/12/2013

December 31, 2013 634 Views 0 comment Print

Whereas, the designated authority vide notification F.No. 15/5/2012-DGAD, dated the 16th August, 2012, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 16th August, 2012, had initiated

Notification No. 33/2013-Customs (ADD) Dated: 31/12/2013

December 31, 2013 1438 Views 0 comment Print

Whereas, the designated authority vide notification No. 15/1010/2012-DGAD, dated the 10th September, 2012, published in the Gazette of India, Extraordinary

Preferential Trade Agreement between India and ASEAN – Custom Duty Rates reduced

December 31, 2013 1192 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary

Preferential Trade Agreement between India and Malaysia – Custom Duty Rates reduced

December 31, 2013 783 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further

Notification No. 55/2013-Customs dated 31st December, 2013

December 31, 2013 823 Views 0 comment Print

Concessional Custom Duty rate on two items covered under concessional regime with Japan Notification No. 55/2013-Customs New Delhi, dated the 31st December, 2013 G.S.R. 815 (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, on being satisfied that it is […]

Notification No. 54/2013-Customs Dated: 31/12/2013

December 31, 2013 967 Views 0 comment Print

G.S.R. 814 (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, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.152/2009-Customs, dated the 31st December, 2009

40000 VCES Application till 29.12.2013, No extension likely

December 31, 2013 3933 Views 0 comment Print

There has been an overwhelming response to the VCES . In the last four days, we have received over 16,000 applications involving Rs. 1500 crores of service tax dues. Upto 29-12-2013 we have received over 40,000 declarations involving over Rs 5500 crores.

Customs Cargo Service provider not to lease, gift, sell or sublet premises in Custom Area without written permission

December 31, 2013 909 Views 0 comment Print

The Customs Cargo Service provider approved for custody of imported or export goods and for handling of such goods shall not lease, gift, sell or sublet or in any other manner transfer any of the premises in a customs area; or sub contract or outsource functions permitted or required to be carried out by him

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