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Public Notice No. 29 (RE-2012)/2009-2014, Dated: 01.10.2013

October 1, 2013 856 Views 0 comment Print

The Item Vinylidene Chloride is the Monomer and Polyvinylidene Chloride is the Polymer of Vinylidene Chloride. The Polyvinylidene Chloride Polymer is to be used for the coating of PVC Film in the manufacturing process and is the correct nomenclature of the import item. That is why this amendment was necessitated.

Notification No. 28/2013-Central Excise ; Dated : 01.10.2013

October 1, 2013 970 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), 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

Profession Tax Payers in Maharashtra to communicate their income tax PAN or TAN or both

October 1, 2013 10494 Views 0 comment Print

The Government of Maharashtra amended the Maharashtra State Tax on Professions, Trades, Callings and Employments Rules, 1975 (PT Rules) vide above referred notification making it mandatory for the new and all the existing Profession Tax Payers to communicate their income tax PAN or TAN or both, as the case may be, to the Department.

Clarification on commencement of interest free period of 90 days U/s.61 of Customs Act, 1962 – Reg

October 1, 2013 7236 Views 0 comment Print

When the goods deposited in a warehouse remain warehoused beyond a period of ninety days, then the interest starts accruing. In other words, the relevant date when the period of 90 days would commence would be the date of depositing the goods in the warehouse.

Amendment Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001

September 30, 2013 451 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby

Income Tax Office to Remain Open till 8.00 P.M. Today for Manual Filing of TAR

September 30, 2013 2501 Views 0 comment Print

Further to Order F.No.225/117/2013/ITA.II dated 26.09.2013 requiring the Tax Audit Report to be filed by 30.09.2013, the CBDT has issued an Order dated 30.09.2013 directing all CCsIT /DsGIT to ensure that all Income Tax Offices shall remain open til1 8:00 p.m on 30th September, 2013 for the convenience of taxpayers, who wish to file Report of Audit manually for assessment year 2013-2014, as per the said order.

Due-Date for Filing ROI for Gujarat Assessees Extended upto 14.10.2013

September 30, 2013 1646 Views 0 comment Print

On consideration of reports of dislocation of general life caused due to recent heavy rains and floods in the State of Gujarat, the Central Board of Direct Taxes (CBDT) has extended the ‘due-date’ for filing Returns of Income from 30th September, 2013 to 14th October, 2013, in cases of Income Tax assessees in the State of Gujarat.

SEBI simplifies registration requirements for Stock Brokers

September 30, 2013 573 Views 0 comment Print

As per the amendment, the existing practice of obtaining multiple registrations for operating in different segments of a stock exchange / clearing corporation has been done away with and instead a single registration per stock exchange / clearing corporation shall be required.

Procedure for suspension & revocation of trading of shares of listed companies

September 30, 2013 1975 Views 0 comment Print

Standard Operating Procedure (SOP) for stock exchanges for suspension and revocation of trading of shares of listed entities for non-compliance of certain listing conditions

Delhi Vat On Builders Collaboration Agreements

September 30, 2013 9585 Views 4 comments Print

Where the property is booked by the intended purchaser at the time of commencement of the project and the builder is paying VAT (as applicable) on its entire revenue, there would be minimum complexity.

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