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Circulars

MCA – Due date to File forms without Payment of additional fees extended to 15.04.2013

April 10, 2013 1481 Views 0 comment Print

Further it is clarified that fee payable for forms on/till 16-01-2013 will remain payable along with additional fee and relaxation of any additional fee will be considered for forms on or after 17-01-2013.

DVAT – Filing of application in Form WC 01 under new Composition Scheme

April 10, 2013 2381 Views 0 comment Print

In the trade circles, there is some confusion with regard to the last date for filing of application in Form WC 01 under the new Composition Scheme, by the dealers who were not under composition scheme and were paying tax under Section 3 of the DVAT Act, 2004, during the last financial year.

Review of all-in-cost ceiling of Trade Credits for imports into India

April 9, 2013 439 Views 0 comment Print

On a review, it has been decided that the all – in – cost ceiling as specified under paragraph 4 of A.P. (DIR Series) Circular No.28 dated September 11, 2012 `will continue to be applicable till June 30, 2013 and subject to review thereafter. All other aspects of Trade Credit policy remain unchanged.

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 8, 2013 328 Views 0 comment Print

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

Import of Pets as Baggage allowed only to persons transferring their residence to India

April 8, 2013 1435 Views 0 comment Print

These instructions may be brought to the notice of the trade/airlines/carriers by issuing suitable Trade / Public Notices. Suitable Standing orders/instructions may be issued for the guidance of the field officers.

Circular 1 of 2013 – Consolidated FDI Policy (Effective from 5-4-2013)

April 5, 2013 2925 Views 0 comment Print

The present consolidation subsumes and supersedes all Press Notes ‘Press Releases’ Clarifications’ Circulars issued by DIPP, which were in force as on April 4, 2013 and reflects the FDI Policy as on April 5 2013. This Circular accordingly will take effect from April 5, 2013. Reference to any statute or legislation made in this Circular shall include modifications, amendments or re-enactments thereof.

Circular No.14/2013-Customs Duty: 10/04/2013

April 5, 2013 1465 Views 0 comment Print

Electro Galvanized sheets and Galvanized sheets/strips,”, read “Electro Galvanized sheets and Galvaneeled sheets/strips

Authorised Money Changers may sell INR to foreign tourists /visitors against International Credit/ Debit Cards

April 5, 2013 916 Views 0 comment Print

On a review, it has been decided that Authorised Money Changers (AMCs) may sell Indian rupees to foreign tourists /visitors against International Credit Cards / International Debit Cards and should take prompt steps to obtain reimbursement through normal banking channels.

Classification of Low Noise Block (LNB) down converter in harmonised Customs Tariff – regarding

April 5, 2013 3106 Views 0 comment Print

Doubts have been raised regarding classification of Low Noise Block (LNB) down converter which is designed to be mounted on aerial (dish) of a system for receiving satellite broadcasts (Satellite Television Reception System)

IRDA expands the definition of Micro Insurance Agents; permits to include co-operative banks and societies

April 3, 2013 5593 Views 0 comment Print

A specified Person who resigns from a Micro Insurance Agent is eligible for reappointment as a specified person of other Micro Insurance Agent or any other licensed Corporate Agent only after the expiry of 3 months from the date of the resignation.

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