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Notifications/Circulars

Income Tax return Due date extended to 05.08.2016

July 29, 2016 23134 Views 0 comment Print

CBDT, in exercise of powers conferred U/s. 119 of the Income-tax Act, 1961, hereby extends the ‘due-date’ for filing such returns of Income from 31st July, 2016 to 5th August, 2016, in case of taxpayers throughout India who are liable to file their Income-tax return by the said`due-date’

Income Tax Return filing date in Jammu & Kashmir extended

July 29, 2016 21157 Views 0 comment Print

CBDT extends the ‘due-date’ for filing Returns of Income from 31st July, 2016 to 31st August, 2016, in case of Income-tax assessees in the State of Jammu & Kashmir who are required to file their return under section 139(1) of the Act by the said ‘due date’

Full 7th pay commission Arrears to be paid with August salary

July 29, 2016 20144 Views 1 comment Print

The arrears as accruing on account of revised pay consequent upon fixation of pay under CCS (RP) Rules, 2016 with effect from 01.01.2016 shall be paid in cash in one installment along with the payment of salary for the month of August, 2016, after making necessary adjustment on account of GPF and NPS, as applicable

Extension of last date of filing AOC-4, AOC-4 XBRL, AOC-4 CFS & MGT-7

July 29, 2016 24255 Views 0 comment Print

The Ministry have revised form AOC-4 which would be deployed shortly, Further, Form AOC.-4 (XBRL) and Form AOC-4 (CFS) are also under revision and this may be available for deployment by end of August, 2016.

Procedure for exports through e-commerce platform under MEIS Scheme

July 29, 2016 20861 Views 0 comment Print

Para 3.05 of the Foreign Trade Policy (FTP) 2015-20 provides for export of goods through select foreign post offices as a part of e-Commerce exports. Exports of goods through foreign post office using e-commerce shall be permitted through the Foreign Post Offices at Delhi, Mumbai & Chennai

Public Servants Annual Assets Liabilities Return Filing Due Date Extended to 31.12.2016

July 29, 2016 21153 Views 0 comment Print

G.S.R.747(E).-In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (m) of sub-section (2) of section 59 read with section 44 of the Lokpal and Lokayuktas Act, 2013 (1 of 2014), the Central Government hereby makes the following rules further to amend the Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Rules, 2014

Notification No. 44/2016-Customs Dated 29.07.2016

July 29, 2016 33005 Views 0 comment Print

The unit shall be required to have a premises for secure storage of goods procured duty free under this notification and the final products manufactured or produced therefrom and the details of the premises shall be declared to the said officer.

Removal of mandatory warehousing requirements for EOUs, STPIs, EHTPs etc

July 29, 2016 24196 Views 2 comments Print

Notification 52/2003-Customs dated 31.03.2003, as amended from time to time, exempts specified goods when imported for use in the units, from payment of Customs duties, subject to various conditions stated therein. The notification provides for warehousing of imported goods, to be used for manufacture of goods or other operations as well as their ex-bonding under certain circumstances.

Amendment in Import Policy Condition No. 3 of Chapter 12 of ITC (HS), 2012

July 29, 2016 21676 Views 0 comment Print

The Department of Revenue has been delegated power to frame the detailed guidelines regarding registration of contracts with Narcotics Commissioner, Gwalior for import of poppy seeds.

Notification No. 104/2016-Customs (N. T.) Dated 29.07.2016

July 29, 2016 27700 Views 0 comment Print

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 104/2016-CUSTOMS (N. T.) New Delhi, 29th July, 2016 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 […]

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