F.No. 225/26112015/ITA.II As per provisions of sub-section (6) of section 245R of the Income-tax Act, 1961 [‘Act’], the Authority for Advance Ruling (AAR) [hereinafter referred to as ‘Authority] is required to pronounce its advance ruling, on an application made by an applicant desirous of obtaining such ruling,within six months from the date of its receipt.
Notification No. 52/2015-Customs (ADD) – Anti dumping duty on imports of Narrow woven fabrics having pile weave, originating in, or exported from, the People’s Republic of China and Chinese Taipei extended up to and inclusive of the 5th day of October, 2016, unless revoked earlier.
CIRCULAR NO. 27 of 2015-16 However, the tax due shall continue to be paid in the usual manner as per the provisions of section 3(4) of the Delhi Value Added Tax Act, 2004. The dealers filing the returns through digital signature need not file hard copy of the return/Form DVAT-56.
Now, in addition to ports/ICDs notified by DGFT from time to time, export of finished leather, Wet Blue and EI Tanned Leather would also be permitted through ICDs at Jalandhar and Nagpur. Procedure for drawal of samples and its testing and certification by CLRI notified in Public Notice No. 23 dated 13.08.2013 would continue.
(I) Information as is material and appropriate to enable the investors to make an informed decision shall be disclosed in the abridged prospectus. (II) An issuer making a public issue of specified securities shall make the disclosures in the abridged prospectus as per the format specified by the Board from time to time.
Import policy of the item ‘Human Embryo’ classified under EXIM Code 0511 99 99 has been changed from free subject to a ‘No Objection Certificate’ from Indian Council of Medical Research (ICMR) to Prohibited’ except for research purposes based on the guidelines of the Department of Health Research.
The earlier notified period of services export rendered between 1-4-2015 to 30-09-2015 as per the list comprising rates and conditions for rewards under the Services Exports from India Scheme (SEIS) notified vide Public Notice No. 3/2015-20 dated 1st April, 2015 is extended upto 31.03.2016.
The Hon’ble Finance Minister, Government of India is inaugurating PAN camp for receiving PAN applications at remote locations at 4:00 P.M. on 27-10-2015 through video conferencing. All the Pr.CCsIT/CCsIT/Pr.DGsIT/DGsIT are requested to attend video conference at their respective places. The Pr.CsIT/CsIT(Appeal) posted at the station may also attend the video conference.
Circular No. 1010/17/2015-CX it has been decided to revise the limits for arrests in Central Excise and Service tax. Henceforth, arrest of a person in relation to offences specified under clause (a) to (d) of sub-section (1) of Section 9 of the Central Excise Act, 1944 or under clause (i) or (ii) of sub-section (1) of section 89 of the Finance Act, 1994, may be made in cases where the evasion of Central Excise duty or Service Tax or the misuse of Cenvat Credit is equal to or more than rupees one crore.
Circular No. 28/2015-Customs In a case related to importation of trade goods (i.e. appraising cases) involving wilful mis-declaration in description of goods/concealment of goods/goods covered under section 123 of Customs Act, 1962 with a view to import restricted or prohibited items and where the CIF value of the offending goods is Rs. 1,00,00,000/- (Rupees one crore) or more;
