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Notifications/Circulars

List of applicants with quantity allocated for import of Rough Marble & Travertine Blocks

June 21, 2016 1063 Views 0 comment Print

In terms of Notification No. 11 dated 21/6/2016, revalidation of import authorisations issued under Trade Notice No. 12 dated 8/1/2015 has been allowed with 25% increase in import quantity of Rough Marble & Travertine Blocks. The list of 472 import authorisation holders and the quantity to be increased in respect of each of authorisation holder is attached as Annexure to this Trade Notice.

Additional quota of 2 lakh MT for import of Rough Marble & Travertine Blocks

June 21, 2016 751 Views 0 comment Print

Additional quota of 25% (of the quota released last year) of Rough Marble and Travertine Blocks have been allowed to authorisation holders as an interim measure to be imported by 30th September, 2016.

Notification No. 40/2016-Customs, dated 21st June, 2016

June 21, 2016 3562 Views 0 comment Print

Seeks to further amend notification No. 53/2011-Customs dated 01st July, 2011 so as to provide deeper tariff concessions in respect of specified goods imported from Malaysia under the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA) w.e.f. 30.06.2016. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 40/2016-Customs New Delhi, dated the 21st June, 2016 […]

Togo & Chad in list of countries eligible for preferential tariff

June 21, 2016 847 Views 0 comment Print

after serial number 31 and the entries relating thereto, the following serial numbers and entries shall be added

Interest rates on Small Savings Schemes for 01.07.16 to 30.09.16

June 20, 2016 6082 Views 0 comment Print

On the basis of the decisions of the Government, interest rates for small savings schemes are to be notified on quarterly Accordingly , the rates of interest on various small savings schemes for the second quarter of financial year 2016-17 , on the basis of the interest compounding/payment built-in in the schemes, shall be as under :

Order regarding Lokpal Act for FCRA registered associations

June 20, 2016 1285 Views 0 comment Print

Central Government hereby notifies that competent authority in relation to public servants referred in clause (h) of sub- section (1) of section 14 of the said Act, shall be the Minister-in-charge of the Ministry of Home Affairs.

MPC A Revolutionary Step in Fight against Inflation: RBI

June 20, 2016 772 Views 0 comment Print

The Government has taken the momentous step of both setting a Consumer Price Index (CPI) based inflation objective for the Reserve Bank of India as well as setting up an independent monetary policy committee (MPC). We intend to ensure these frameworks and institutions work as they should in producing a low inflation future for India.

FATCA Rules for registration, due diligence & information maintenance

June 20, 2016 4258 Views 0 comment Print

Central Government with respect to registration of persons, due diligence and maintenance of information, and the Central Board of Direct Taxes for matters relating to statement of reportable accounts, hereby make the following rules further to amend the Income-tax Rules, 1962, namely:-

Vacancy for the post of Members of CBDT

June 20, 2016 5185 Views 0 comment Print

The undersigned is directed to state that some posts of Members in the Central Board of Direct Taxes in the Department of Revenue in the pay scale of Rs. 80,000/- (Fixed) are likely to fall vacant till. 31.3.2017. The following categories of officers are eligible for appointment to these posts:

Reg. Exemption from DGFT licence to operate air transport services

June 20, 2016 1054 Views 0 comment Print

Policy condition 1 (e) of Chapter 88 of ITC (HS), 2012 is being revised to indicate exemption from DGFT licence for persons who have been granted permission to operate air transport services by Ministry of Civil Aviation and thereon DGCA has granted permission to import aircraft on that basis.

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