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Property can be sold on GPA and Agreement to Sell – HC

April 30, 2013 10284 Views 0 comment Print

Supreme Court in Suraj Lamp and Industries (P) Ltd. (2) vs State of Haryana reported has not said that in no case a conveyance can be registered by taking recourse to a GPA.

Anti-Dumping Duty on Import of Solar PV Modules

April 30, 2013 1138 Views 0 comment Print

The Ministry examines the effects of dumped goods on the domestic industry, and not cheap goods. Dumping takes place if the export price of a product is less than the normal value prevailing in the exporter’s country. In order to offset the adverse effects of dumped imports, Domestic Industry can avail the trade defence measures […]

Steps to strengthen the process and creations of Intellectual Property Rights

April 30, 2013 975 Views 0 comment Print

The Office of Controller General of Patents, Designs and Trade Marks has taken the following steps to strengthen the process and creations of Intellectual Property Rights. (i) The filing of Patents and Trademarks applications has been made online.

Conversion of a firm into a Limited Liability Partnership – Clarification

April 30, 2013 3077 Views 0 comment Print

The Ministry has been examining some of the issues raised by stakeholders with regard to clarifications on the provisions of the Limited Liability Partnership (LLP) Act, 2008 with regard to conversion of a partnership firm into LLP.

Five Years jail to Then Income Tax officer In Disproportionate Assets Case

April 30, 2013 1640 Views 0 comment Print

  The Special Judge for CBI cases, Visakhapatnam has convicted Sri Akella Venkata Subramanya Sastry, the then Income Tax Officer, Eluru, West Godavari District (Andhra Pradesh) U/s 13(2) r/w 13(1) (e) of P.C Act 1988 in Disproportionate Assets case and sentenced him to undergo Five Years Rigorous Imprisonment with fine of Rs.10,000/-. The Special Judge […]

Notification amending tariff Value of Gold, Silver etc. wef 30.04.2013

April 30, 2013 502 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 makes the following amendment in the

Resolve Arrears Demand Grievances In Transparent Manner – CBDT

April 29, 2013 1934 Views 0 comment Print

The demand uploaded by AO’s on the CPC Portal together with demand in IRLA is way short of the total demand reported in CAP-I. And the demands uploaded, are sometimes incorrect or non-existent leading to grievances and causing aberrations in projection of total collection figures.

SEBI : Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement

April 29, 2013 544 Views 0 comment Print

at least 50% of other than promoter holdings as per clause 35 of Listing Agreement are in dematerialized mode before shifting the trading in the securities of the company from TFTS to normal Rolling For this purpose.

Utilizing Refunded SAD for Duty Payment (DEPB) – Extended Again

April 29, 2013 1799 Views 0 comment Print

Your kind attention is invited to the Circular No.27/2010-Customs, dated 13.08.2010, regarding procedure on refund of 4% Special Additional Duty (SAD). The above Circular provides the facility of manual filing of Bill of Entry for utilizing the amount of re-credited 4% SAD refunds for

If similar matter was remanded back to Commissioner (Appeals) vide earlier order, present order also to be remanded back

April 28, 2013 655 Views 0 comment Print

Following the earlier order to reduce the litigation at the grass root level first appellate order is set aside and we send the matter back to ld. Appellate Authority to re-examine the issue without insisting on pre-deposits by him. In the result, both stay application and appeal are disposed remanding the appeals to the ld. Commissioner (Appeals) to decide the same in accordance with law.

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