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Notifications/Circulars

Aadhaar mandatory for Deendayal Antyodaya Yojana

February 28, 2017 1224 Views 0 comment Print

Deendayal Antyodaya Yojana-National Rural Livelihoods Mission involves expenditure incurred from the Consolidated Fund of India; An individual who is a member of a Self Help Group or otherwise receives remuneration as a community cadre under DAY-NRLM, shall furnish proof of possession of Aadhaar or undergo Aadhaar authentication.

Migration to GST of existing Central Excise/ Service Tax Assessees – reg.

February 28, 2017 2784 Views 0 comment Print

The process of migration to GST has been going since 20.01.2017 in Central Excise (when all Provisional IDs were made available to taxpayers via ACES website) and since 09.02.2017 in Service This migration process is for CE/ ST taxpayers who are not getting migrated through State VAT.

MFs to give 15 days for exit option to REITs, InvITs investors

February 28, 2017 975 Views 0 comment Print

Any existing scheme intending to invest in units of REITs/InvITs shall abide by the provisions of Regulation 18 (15A) of SEBI (Mutual Funds) Regulations, 1996. For investment in units of REITs/InvITs by an existing Mutual Fund scheme, unitholders of the scheme shall be given a time period of at least 15 days for the purpose of exercising the exit option.

FPIs allowed to invest in unlisted corporate bonds, securitised debt

February 28, 2017 1023 Views 0 comment Print

Unlisted corporate debt securities in the form of non-convertible debentures/bonds issued by public or private Indian companies subject to the guidelines issued by the Ministry of Corporate Affairs, Government of India from time to time and also subject to minimum residual maturity of three years and end use-restriction on investment in real estate business, capital market and purchase of land. The expression ‘Real Estate Business’ shall have the same meaning as assigned to it in Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 Notification No.FEMA.362/2016-RB dated February 15, 2016. The custodians of the FPIs shall put in place an appropriate mechanism to ensure compliance with these conditions as prescribed by RBI from time to time.

DGFT to accept e-BRC for exports with LEO date upto 31.03.2014

February 28, 2017 3075 Views 0 comment Print

CBEC decided that for exports with LEO dates 12.08.2012 onwards till 31.03.2014, DGFT’s e-BRC would be accepted, except in case of specific intelligence or information of misuse. This shall be subject to appropriate declaration by the exporter on back of DGFT e-BRC. Format of the said declaration is annexed herewith.

Exemption from drawal of samples for grant of drawback

February 28, 2017 900 Views 0 comment Print

It has been decided by the Board that those exporters who have been accorded Authorized Economic Operator (AEO) certificate (Tier II & Tier III) in terms of Circular No. 33/2016- Customs dated 22.07.2016 are being exempt from the requirements of drawl of samples for the purpose of grant of drawback, except in case of any specific information or intelligence.

Notification No. 13/2017-Customs (N.T.), Dated: 28.02.2017

February 28, 2017 1557 Views 0 comment Print

Tariff Notification Notification No. 13/2017-Customs (N.T.), Dated: 28.02.2017 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver – Reg

Aadhaar Mandatory for Accredited Social Health Activists Scheme

February 28, 2017 1725 Views 0 comment Print

Performance based incentives are paid as benefits to Accredited Social Health Activists (ASHA) (hereinafter referred to as the beneficiaries) for the work performed by them and which involve recurring expenditures from the Consolidated Fund of India;

DVAT 3rd quarter of 2016-17 Online Return Filing due date extended to 08/03/2017

February 28, 2017 1323 Views 0 comment Print

Commissioner, Value Added Tax, do hereby extend the last date of filing of online/hard copy of third quarter return for the year 2016-17, in Form DVAT-16 ,DVAT-17 and DVAT-48 along with required annexure/enclosures to 08/03/2017.

Regional Centre for Biotechnology Act, 2016 effective from 01.03.2017

February 28, 2017 807 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 1 of the Regional Centre for Biotechnology Act, 2016 (36 of 2016), the Central Government hereby appoints the 1st day of March, 2017 as the date on which the provisions of the said Act shall come into force.

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