Notification No. 17/2015-Customs (ADD), Dated the 1st May, 2015 Seeks to extend the validity of notification No. 57/2010-CUSTOMS, dated the 3rd May, 2010 for a further period of one year.
DGFT Public Notice No.07/2015-20, Dated: May 1, 2015 Import of ‘raw sugar’ under Duty Free Import Authorisation (DFIA) scheme is withdrawn with immediate effect.
No.F.7(400)/Policy/VAT/2011/PF/142-155 Dated : 01-05-2015 The Authorisation of State Bank of Patiala, in addition to the RBI’s regulations, shall further be subject to the conditions mentioned in notification No.F.7(400)/Policy/VAT/2014/1387-98 dated 28/03/2014.
Circular No. 10/2015-Customs dated 31st March, 2015 The Government has prioritized trade facilitation and creating an environment for ease of doing business. In this direction several initiatives have been taken in the recent past to simplify Customs procedures and enhance the use of automation in business processes with resultant reduction in transaction costs and dwell time associated with the Customs clearance of imported and export goods.
In order to further strengthen the risk management practices and to develop a sound framework that would evaluate potential vulnerabilities on account of plausible events and provide early warning on the health of the underlying portfolio of Liquid Fund and MMMF Schemes, it has been decided to stipulate the following guidelines:
The level of risk in mutual fund schemes shall be increased from three to five as under: i. Low – principal at low risk ii. Moderately Low – principal at moderately low risk iii. Moderate – principal at moderate risk
Notification No. 13/2015-Central Excise (N.T.), Dated: April 30, 2015 Chewing Tobacco and Unmanufactured Tobacco Packing Machines (Capacity Determination and Collection of Duty) Amendment Rules, 2015
Notification No. 12/2015-Central Excise (N.T.), Dated: April 30, 2015 Provided also that the credit of Education Cess and Secondary and Higher Education Cess paid on inputs or capital goods received in the factory of manufacture of final product on or after the 1st day of March, 2015 can be utilized for payment of the duty of excise leviable under the First Schedule to the Excise Tariff Act:
CIRCULAR No. 7 of 2015-16 Dated 30/04/2015 The Systems Branch has generated the auto-default-assessment of the such dealers who have made central concessional sales during the year 2010-2011 whose, online assessments under section 9(2) of CST Act were not available, in Systems as on 30.3.2015.
Notification No. 42/2015-CUSTOMS (N.T.), Dated: April 30, 2015 In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 748 (E), dated the 3 rd August, 2001, namely:-
