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Notifications/Circulars

Delhi VAT- Reassessment in respect of system generated default assessment notices

September 10, 2015 1369 Views 0 comment Print

The notices under Section 59(2) issued on 19.06.2015 which were system generated stand quashed. The consequent passed orders thereon are already withdrawn by the letters dated 17.07.2015. The Circular dated 29.07.2015 issued by Addl. Commissioner (System) is also quashed. Further, the letters issued on 17.07.2015 are also quashed.

Procedure for payment of commission by banks to agents on sale of KVP

September 10, 2015 1700 Views 0 comment Print

The authorized agent will register himself/herself with a branch of a bank by submitting a copy of his/her valid certificate of authority to the Branch Manager and also produce original certificate of authority for verification as and when required by the bank.

CBDT comittee to study Feasibility of Industry Based Jurisdiction

September 10, 2015 825 Views 0 comment Print

Board has constituted a Committee to examine the feasibility of implementing ‘Industry Based Jurisdiction’ in a phased manner instead of the prevailing ‘Territorial Jurisdiction’ as recommended by the Tax Administration Reform Commission (‘TARC’).

Potable alcohol Manufacturing companies to be under State Govt. Control

September 9, 2015 826 Views 0 comment Print

It will ensure that industries engaged in manufacturing alcohol meant for Potable purposes shall be under the total and exclusive control of States in all respects. This should also assign accountability to States for manufacture of Potable alcohol.

Reg. Safeguard Duty on product HR Coil

September 9, 2015 1385 Views 0 comment Print

Director General (DG) of Safeguards Recommends Imposition of Provisional Safeguard Duty @ 20%, for a Period of 200 Days for Hot-Rolled Flat Products of Non-Alloy and other Alloy Steel in Coils of a Width of 600 MM OR More; Recommendations of the DG Safeguards to be Examined by the Board of Safeguards Headed by the Commerce Secretary

Companies (Filing of Documents and Forms in XBRL) Rules, 2015

September 9, 2015 16212 Views 0 comment Print

These rules may be called the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015. (2) They shall come into force from the date of their publication in the Official Gazette.

Reward up to Rs. 10 Lakh for Information on Delhi VAT Defaulters

September 9, 2015 1474 Views 0 comment Print

It has been decided to introduce a reward scheme for informers providing vital inputs in order to check and detect value added tax evasion in Delhi so as to minimize the pilferage of VAT revenue of the Government of Delhi.

Continuous Disclosure Requirements for Listed Entities

September 9, 2015 4533 Views 0 comment Print

Continuous Disclosure Requirements for Listed Entities – Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015-In order to enable investors to make well-informed investment decisions, timely, adequate and accurate disclosure of information on an ongoing basis is essential.

PUBLIC NOTICE NO. 34/2015-20 (RE-2015), Dated: September 09, 2015

September 9, 2015 1648 Views 0 comment Print

It operationalises the arrangements under the addendum dated 15.5.2012 added to the Memorandum of Understanding (MOU) dated 23/10/2010 between India and Bangladesh through Border Haats at (i) Srinagar, Tripura – between Purbo Madhyagram (India) and Chhoighoria (Bangladesh); and (ii) between Kamalasagar, Tripura (India) and Tarapur Kasba (Bangladesh).

FEMA provisions of Finance Act, 2015 effective from 09.09.2015

September 8, 2015 3365 Views 0 comment Print

S.O. 2454(E).—In exercise of the powers conferred by clause [A] of section 138 of the Finance Act, 2015 (20 of 2015), the Central Government hereby appoints the 9th day of September, 2015 as the date on which the provisions of clause [13] of the said section, sections 140,141, 142 and clause (ii) of section 143 of the said Act shall come into force.

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