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Notifications/Circulars

Reg. Revalidation of Advance Authorizations with Bond waiver

June 8, 2016 1996 Views 0 comment Print

While allowing waiver of Bond for exports made first (before effecting imports) on pro-rata basis, Regional Authority may revalidate the Authorization in continuation for further six months for replenishment of inputs used in manufacture of export item’s from the date of endorsement provided applicant has made a specific request in ANF 4D and paid requisite fee for revalidation.

Notification No. 82/2016 -Customs (N.T.) dated 07.06.2016

June 7, 2016 2083 Views 0 comment Print

Government of India Ministry of Finance Department of Revenue Notification No. 82/2016 -Customs (N.T.) New Delhi, dated the 7th June, 2016 S.O. (E). -In exercise of powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of Customs Act, 1962 (52 of 1962) and in supersession of order/notification as stated in […]

Consolidated FDI Policy Circular of 2016 wef June 07, 2016

June 7, 2016 5110 Views 0 comment Print

Press Information Officer, Press Information Bureau- for giving wide publicity to the above circular. 2. NIC, DIPP for uploading the Circular on DIPP’s website. 3. Department of Economic Affairs, Ministry of Finance, New Delhi.

Investor Protection Fund (IPF) of Depositories

June 7, 2016 2572 Views 0 comment Print

The Depository System Review Committee (DSRC) had examined various aspects of the depository IPF including utilization and investment policy of IPF and quantum of funds to be transferred to IPF. The Expert Committee on Clearing Corporations also deliberated the issue with regard to quantum of funds to be transferred by the Depositories to their IPF.

Second Bi-monthly Monetary Policy 2016-17- No Change in Rates

June 7, 2016 1255 Views 0 comment Print

In our monetary policy statement of April 2016, we stated that we would watch macroeconomic and financial developments in the months ahead with a view to responding as space opens up. Incoming data since then show a sharper-than-anticipated upsurge in inflationary pressures emanating from a number of food items (beyond seasonal effects)

Adds new ports in EP notifications to allow import/export under EP schemes

June 7, 2016 799 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) and sub- section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rules 18, 20 and 22 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government

Notification No. 24/2016-Customs (ADD), Dated: June 7, 2016

June 7, 2016 1732 Views 0 comment Print

Seeks to finalize provisional assessments of all imports of Vitrified/Porcelain tiles, originating in or exported from China PR which have been subjected to provisional assessment pursuant to the notification No. 35/2012-Customs (ADD), dated the 10th July, 2012.

Delhi VAT: Item-wise details in Forms Annexure-2A, 2B, DVAT-30, 31

June 6, 2016 9037 Views 0 comment Print

Certain amendments in the Delhi Value Added Tax Rules, 2005 have been recently made vide notification No.F.3(30)/Fin(Rev-I)/dsvi/121 dated 12/04/2016 requiring furnishing of item-wise details of sales and purchases in DVAT Returns and in Forms DVAT-30 and DVAT-31.

Notification No. 81/2016-Customs (N.T.) Dated 06.06.2016

June 6, 2016 1795 Views 0 comment Print

Government of India Ministry of Finance Department of Revenue Notification No. 81/2016-Customs (N.T.) New Delhi, dated the 06rd June, 2016 S.O. (E). – In exercise of powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of Customs Act, 1962 (52 of 1962) and in supersession of order/notification as stated in […]

Extent of Tax payable by business entity on services provided by senior advocates

June 6, 2016 10627 Views 0 comment Print

Seeks to amend notification No. 30/2012-Service Tax dated 20th June, 2012, so as to prescribe extent of payment of service tax by a business entity as a recipient of services provided by senior advocates.

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