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Customs and Central Excise Duties Drawback Rules, 2017

September 21, 2017 94671 Views 2 comments Print

Short title, extent and commencement.- (1) These rules may be called the Customs and Central Excise Duties Drawback Rules, 2017. (2) They extend to the whole of India. (3) They shall come into force on the 1st day of October, 2017.

Amendment to Paragraph 2.72 (b) of Handbook of Procedures of FTP 2015-20

September 21, 2017 1806 Views 0 comment Print

If the exporter has been notified in writing by DGFT or he knows or has reason to believe that an item not covered in the SCOMET list has a potential risk of use in or diversion to weapons of mass destruction (WMD) or in missile system or military use (including by terrorists and non-state actors), he shall apply for a SCOMET license

Companies (Restriction on number of layers) Rules, 2017

September 20, 2017 18489 Views 0 comment Print

Restriction on number of layers for certain classes of holding companies. (1) On and from the date of commencement of these rules, no company, other than a company belonging to a class specified in sub-rule (2), shall have more than two layers of subsidiaries:

MCA notifies proviso related to layers of subsidiaries wef 20.09.2017

September 20, 2017 2241 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th September, 2017 S.O. 3086(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 20th September, 2017 as the date on which proviso to clause (87) of section 2 of the […]

Substitution of Institute of Cost Accountants nominee on NACAS

September 20, 2017 1050 Views 0 comment Print

Shri Sanjay Gupta, President, Nominee of the Institute of Cost Accountants of India- Member, [nominated under clause (b) of sub-section (2) of section 210A of the said Act].

Lodging of tax arrear claims and impleading as a party before NCLTs

September 20, 2017 1476 Views 0 comment Print

The Directorate looks after the cases of sick companies which require rehabilitation/ resolution of sickness. Previously the sick companies used to move Board for Industrial and Financial Reconstruction (BIER) under the Sick Industrial Companies (Special Provisions) Act, 1985 (SICA).

E-mail addresses of CGST Divisions of Rajasthan

September 20, 2017 3600 Views 1 comment Print

In the light of the direction given by Hon’ble Rajasthan High Court in C.W. No. 15239/2017 titled as Rajasthan Tax Consultants Association Vs UOI & Ors. We are enclosing list of E-mail addresses of CGST Divisions of Rajasthan.

Revised procedure for Transfer of PF Accounts

September 20, 2017 7869 Views 0 comment Print

In the wake of recent digital initiatives with the objective of making EPFO a Paperless Organization, the new procedure has been formulated for transfer of accounts of a member on change of employment to facilitate seamless and hassle free service to subscribers.

EPFO Introduces new Composite Declaration Form (F-11)

September 20, 2017 9366 Views 0 comment Print

Central Provident Fund Commissioner by exercising the powers conferred under para 36(7) read alongwith the provisions of para 34 and 57 of EPF Scheme, 1952 and para 24 of Employees’ Pension Scheme, 1995 has ordered the introduction of Composite Declaration Form (F-11) by replacing the existing New Form-11 and the same is enclosed as Annexure.

Mandatory self-sealing and use of RFID container seals deferred to 01.11.2017

September 20, 2017 5424 Views 0 comment Print

Considering the difficulties expressed by trade associations in locating vendors of RFID seals, the Board has decided that the date for mandatory self-sealing and use of RFID container seals is deferred to 1st November, 2017. The existing practice may continue till such time. It is also provided that exporters are free to voluntarily adopt the new self-sealing procedure based upon RFID sealing, if readers are in place at the customs station of export from 1.10.2017.

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