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Notifications/Circulars

Amendments to Handbook of Procedures of FTP 2015-2020

June 4, 2015 2916 Views 0 comment Print

In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby notifies the amendments to Handbook of Procedures of FTP 2015-20. These amendments shall be deemed to have come into force with effect from 1st April, 2015.

Amendment in Para 3.24 (j) of Chapter-3 of FTP 2015-2020

June 4, 2015 2038 Views 0 comment Print

Notification No: 9/2015-2020 Dated-4th June 2015 Status holders shall be entitled to export freely exportable items on free of cost basis for export promotion subject to an annual limit of ₹ 10 lakh or 2% of average annual export realisation during preceding three licensing years, whichever is lower.

Amendments in Foreign Trade Policy 2015-20

June 4, 2015 6864 Views 0 comment Print

Notification No. 08/2015-2020 Dated- 4th June , 2015Mandatory documents for export / import of goods from / into India (a) Mandatory documents required for export of goods from India: 1. Bill of Lading/ Airway Bill / Lorry Receipt / Railway Receipt / Postal Receipt. 2. Commercial Invoice cum Packing List 3. Shipping Bill/Bill of Export

Rate of exchange of conversion of foreign currency wef 5th June, 2015

June 4, 2015 762 Views 0 comment Print

Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 5th June, 2015, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

Constitution of Companies Law Committee by MCA

June 4, 2015 802 Views 0 comment Print

F. No. 2/19/2011-CL-V Dated 04th June, 2015 The terms of reference of the Committee are as follows: (i) to make recommendations to the Government on issues arising from the implementation of the Companies Act, 2013 and (ii) to examine the recommendations received from the Bankruptcy Law Reforms Committee, the High Level Committee on CSR, the Law Commission and other agencies, while undertaking (i) above.

Notification No. 51/2015-Customs (N.T.), Dated: June 04, 2015

June 4, 2015 1616 Views 0 comment Print

NOTIFICATION NO. 51/2015-CUS(N.T.), Dated: June 04, 2015 In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby rescinds the notification no. 47/2015-CUSTOMS (N.T.), dated the 21st May, 2015, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide number S.O.1365 (E), dated the 21st May, 2015, with effect from 5th June, 2015, except as respects things done or omitted to be done before such rescission.

Notification No. 32/2015-Central Excise Dated- 4th June, 2015

June 4, 2015 4770 Views 0 comment Print

Notification No. 32/2015-Central Excise Dated- 4th June, 2015 Ethanol produced from molasses generated from cane crushed in the sugar season 2015-16 i.e. 1st October, 2015 onwards, for supply to the public sector oil marketing companies, namely, Indian Oil Corporation Ltd., Hindustan Petroleum Corporation Ltd. or Bharat Petroleum Corporation Ltd., for the purposes of blending with petrol.

Notification No. 36/2015-Customs,Dated-04th of June, 2015

June 4, 2015 2245 Views 0 comment Print

Seeks to amend notification No. 60/2011-Customs, dated the 14th July, 2011, so as to include Kamalasagar (Tripura) on the India-Bangladesh Border, in order to extend exemption from the whole of

Revision in investment limit for cases requiring prior approval of FIPB/ CCEA

June 3, 2015 771 Views 0 comment Print

Press Note No. 6 (2015 Series) The Government of India has reviewed the position in this regard and decided to revise the investment limit for cases requiring prior approval of the Foreign Investment Promotion Board (FIPB)/ Cabinet Committee on Economic Affairs (CCEA).

Amendment in definition of NRI & investment rules under FDI Policy

June 3, 2015 1810 Views 0 comment Print

The Government of India has reviewed the FDI policy relating to investments by Non. Resident Indians (NRIs), Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCIs). It has been decided to amend the definition of Non Resident Indian as contained in the FDI policy, and also to provide that for the purposes of FDI policy, investment by NRIs under Schedule 4 of FEMA (Transfer or Issue of Security by Persons Resident Outside India) Regulations will be deemed to be domestic investment at par with the investment made by residents.

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