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Notifications/Circulars

Monthly Development Report for Commodity Derivative Exchanges

December 9, 2015 573 Views 0 comment Print

CIRCULAR No. CIR/CDMRD/DEA/4/2015 Dated- December 9, 2015 1. The Commodity Derivative Exchanges are advised to submit a Monthly Development Report, as per the prescribed format, from the month of April, 2015 onwards and ensure that the same reaches SEBI by 7th of the succeeding month.

Sec. 80C deduction on Investment in HDFC Retirement Saving Fund eligible from AY 2016-17

December 8, 2015 3128 Views 0 comment Print

Notification No. 91/2015 – Income Tax Central Government hereby specifies the HDFC Retirement Savings Fund, set up by the HDFC Mutual Fund registered under the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 having registration No. MF/044/00/6, dated the 30th June 2000, as a pension fund for the purposes of the said section for the assessment year 2016-17 and subsequent assessment years.

Income-tax (19th Amendment) Rules, 2015 related to specified domestic transaction

December 8, 2015 2869 Views 0 comment Print

Notification No. 90/2015 – Income Tax In the Income-tax Rules, 1962 (hereinafter referred to as the said rules), in rule 10D, for sub-rule (2A), the following sub-rule shall be substituted, namely:- (2A) Nothing contained in sub-rule (1), in so far as it relates to an eligible specified domestic transaction referred to in rule 10 THB , shall apply in a case of an eligible assessee mentioned in rule 10 THA and-

Anti-dumping duty on Gliclazide, originating in, or exported from China

December 8, 2015 1610 Views 0 comment Print

Notification No. 59/2015-Customs (ADD) Seeks to levy definitive anti-dumping duty on Gliclazide, originating in, or exported from the Peoples Republic of China for a period of five year

Authorising Commissioner to defend UoI and others in matters of indirect taxation before High Court

December 8, 2015 11929 Views 0 comment Print

F.No. 275/65/2013-CX.8A I am directed to say that as per para 4.8 of the Standard Operating Procedure (SOP) on ‘Litigation in Appellate Forums’ issued in October, 2013, all the cases pertaining to indirect taxes before the High Court, wherein Uol, MoF, Secretary (Revenue), Chairperson CBEC or any of these figure as respondents, are defended by the Commissioner concerned on being duly authorised by the Legal Cell of CBEC.

Declaration of intent under Merchandise Exports from India Scheme (MEIS) -reg.

December 8, 2015 1293 Views 0 comment Print

Subsequently representations have been received from exporters and trade & industry that such procedure should also be made applicable to exports made beyond 05.2015.

Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit w.e.f. 1st April, 2015

December 8, 2015 1303 Views 0 comment Print

It is brought to the notice of Trade and Industry that the Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit has been announced by the Government of India and notified vide RBI Circular No. DBR/Dir/BC. No. 62/04 02.001/2015-16 dated December 4 2015. The scheme is applicable w.e.f. 1st April, 2015. Details of the scheme are available on the website of RBI www.rbi.org.in.

Anti-dumping duty on Methylene Chloride originating in, or exported from China and Russia

December 8, 2015 843 Views 0 comment Print

Notification No. 58/2015-Customs (ADD) Seeks to levy provisional anti-dumping duty on Methylene Chloride originating in, or exported from the Peoples Republic of China and Russia for a period not exceeding six months

Notification No. 24/2015-Central Excise (N.T.), Dated: 07.12.2015

December 7, 2015 871 Views 0 comment Print

In exercise of the powers conferred by rule 3 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) number 27/2014-Central Excise (N.T.), dated the 16th September, 2014, published in the Gazette of India, Extraordinary, Part II, Section 3

CBDT extends Due date for Payment of TDS/TCS for Tamil Nadu

December 7, 2015 6107 Views 0 comment Print

F.No. 385/26/2015-IT(B) Central Board of Direct Taxes hereby extends the due date [under section 200 (1) of the Act] for paying to the credit of the Central Government, tax deducted at source and the due date [under 206C (3)] for paying to the credit of the Central Government, tax collected at source, in respect of deductions or collections made during the month of November, 2015, from 7th of December, 2015 to 20th of December, 2015 in respect of deductors located in the State of Tamil Nadu.

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