e-Services offered by the Department have been welcomed by the dealers and their representatives. The Sales Tax Department has already made available facility to make payment through GRAS (Government Receipt Accounting System) for Entry Tax payers.
Total number of banks accepting e—payments under aforementioned acts is 25. Apart from this the e-payments under Profession Tax Act, Entry Tax Act, Luxury Tax Act and SCPT Act need to be made through web site of GRAS.
The goods imported/procured utilizing SFIS Scrip issued in terms of FTP 2009-14 may be sold/transferred on completion of 3 years from the date of clearance of import/ procurement
It is therefore decided, in consultation with the Government of India to permit AD Category-I banks to allow Startups to raise ECB under the following framework:
The consignments of un-shredded, compressed or loose scrap shall be cleared only through those EDI ports where Risk Management Module is operational.
Freezing of Promoter and Promoter group Demat accounts for Non-compliance with certain provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Taxability of the compensation received by the land owners for the land acquired under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (RFCTLAAR Act’)-reg.-
Foreign investment in ‘Other Financial Services’ activities shall be subject to conditionalities, including minimum capitalization norms, as specified by the concerned Regulator/Government Agency.
For the period ending on or after March 31, 2017, the formats for Unaudited/Audited quarterly financial results to be submitted by the Listed Entities, with the stock exchanges, shall be as prescribed in Schedule III to the Companies Act, 2013.
Kind attention is invited to Circular No. 43/2016-Customs dated 31.8.2016 on the above cited subject. The field formations are informed for necessary action that with reference to Para 11 of the said Circular, the address of the Textile Commissioner for communication is Nishta Bhawan, New CGO Building, 48, New Marine Lines
