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Notifications/Circulars

Notification No. 8/2017- Central Excise Dated: 16.05.2017

May 16, 2017 3756 Views 0 comment Print

seeks to amend notification no. 12/2012-Central Excise dated 17.03.2012 extending the time period for furnishing the final Mega power project certificate from 60 months to 120 months and extending the period of validity of security in the form of Fixed Deposit Receipt or Bank Guarantee from 66 months to 126 months, in case of provisional mega power projects.

Notification No. 48/2017 – Customs (N.T.) Dated: 16.05.2017

May 16, 2017 1473 Views 0 comment Print

Seeks to amend the Customs notification No. 84/2007-Customs (N.T.) dated 17th August, 2007 to give effect to the amendments to Rules of Origin of India-Chile PTA

Notification on revised MVAT Rate on Petrol / Diesel wef 17.05.2017

May 16, 2017 1302 Views 0 comment Print

Government of Maharashtra, hereby amends SCHEDULE ‘D’ appended to the said Act, with effect from the 17th May, 2017, as follows, namely :—

Export Policy of Fertilizers, Updation of List of Manufactures

May 16, 2017 2040 Views 0 comment Print

S.O.(E) In exercise of the powers conferred by Section 3 of the Foreign Traci( (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with paragraph 1.02 and 2.01 01 the Foreign Trade Policy (FTP), 2015-2020, the Central Government hereby makes the amendments with immediate effect in List `A’, ‘B’ and ‘C’ below Note 1 under Export Licensing Note of Chapter 31 of ITC(HS) Classification – Schedule 2 (Export Policy)

SEBI: Info about Digital mode of payment to be provided by various intermediaries / other entities

May 16, 2017 864 Views 0 comment Print

SEBI has notified the SEBI (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2017 on March 06, 2017 to enable digital mode of payment (RTGS/NEFT/IMPS etc.) of fees/ penalties/ remittance/ other payments etc.

Section 120(1) and (2) of Income-tax Act, 1961 CBDT authorises DGIT (Investigation)

May 16, 2017 4668 Views 0 comment Print

In exercise of the powers conferred by sub sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), read with section 6 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of 2015) (hereinafter referred to as ‘the Act’), the Central Board of Direct Taxes hereby authorises the Director General of Income-tax specified in column (2) of Schedule annexed hereto, or the Principal Director or Director of Income-tax specified in column (4) of the Schedule to issue orders in writing for the exercise of the concurrent powers and performs the functions of an Assessing Officer to an Assistant Director of Income-tax or Deputy Director of Income-tax who are subordinate to them, in respect of cases or class of cases falling within the territorial areas specified in column (6) of the Schedule for the purpose of the said Act.

DVAT return filing due date for 4th quarter extended to May 30, 2017

May 15, 2017 1884 Views 0 comment Print

Extension of last date of filing of fourth quarter return for the year 2016-17, in Form DVAT-16 ,DVAT-17 and DVAT-48 to 30.05.2017.

Dispose Delhi VAT pending registration cases by 31.05.2017

May 15, 2017 873 Views 0 comment Print

In continuation of circular No. 24 of 2016-17, wherein the process of grant of online registration was spelt out, it has been observed that a huge number of application forms for DVAT/CST registration are pending. It has been decided to complete this task in a bound manner and therefore, all the Assessing Authorities are hereby directed to dispose such cases on priority and clear all the pending registration cases by 31st May, 2017. The Zonal In charges will monitor the progress on these cases.

Govt notifies few provisions related to voluntary liquidation or bankruptcy

May 15, 2017 768 Views 0 comment Print

Central Government hereby appoints the 1st April, 2017 as the date on which the provisions of clause (a) to clause (d) of section 2 of the Code relating to voluntary liquidation or bankruptcy shall come into force.

Notification No. 47/2017-Customs (N.T.) Dated: 15.05.2017

May 15, 2017 2172 Views 0 comment Print

S.O. … (E).– 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 notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely

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