CIRCULAR NO. 5 of 2015-16, Dated: 28.04.2015 It has been brought to the notice that Special Objection Hearing Authorities authorised for the disposal of the objections filed on account of mismatch of Annexures 2A/2B are not passing the orders in Form DVAT-40.
In exercise of the power conferred by section 26A of the Securities and Exchange Board of India Act, 1992, section 26A of the Securities Contracts (Regulation) Act,1956 and section 22C of the Depositories Act, 1996, the Central Government hereby designates 5th Special Court, Calcutta as the Special Court under the aforesaid Acts.
The Central Board of Direct Taxes has decided to fast track all applications made by Voluntary Organisations/Trusts seeking approval u/s 11(1)(C) of the Income Tax Act, 1961 for rendering help to the victims of earthquake in Nepal. Approval under this section is required by the charitable institutions for application of their income outside India to promote international welfare.
Circular No. 1001/08/2015-CX-8 Dated- 28th April, 2015 Post these amendments, apprehensions have been expressed by the trade as to whether the following benefits would be available after these amendments: i. Benefit of rebate of duty on goods cleared from DTA to SEZ. ii. Refund of accumulated CENVAT credit when goods are cleared from DTA to SEZ.
Time taken to obtain all clearances to set up industry is core to measuring the ease of doing business. The Single Desk Policy aims to create a conducive ecosystem to provide all clearances required to setup industry within 21 working days. This shall be achieved by adopting following measures:
With the upgradation of technology, department is considering to expedite the registration process in the shortest possible time. Government of India is also pressing hard to accelerate the registration process under ‘Ease of Doing Business’ Campaign. It has now been decided to issue registration as per following procedure:-
Hereby extend last date of filing of online/hard copy of fourth quarter return for year 2014-15, in Form DVAT-16 ,DVAT-17 and DVAT-48 along with required annexure/enclosures to 15/05/2015.
Press Note No. 5 (2015 series), Dated 27th April, 2015 Initial validity of Industrial License for Defence Sector is being revised to seven years, further extendable upto three years for existing as well as future Licenses. This is being done as a measure to further promote ease of doing business, in view of the long gestation period of Defence Contracts to mature.
G.S.R. 323(E) ated- 27th April, 2015 In exercise of the powers conferred by section 29 A of Company Secretaries Act, 1980 (56 of 1980), the Central Government hereby nominate the following as member of the Quality Review Board, with effect from the date of publication of this notification in the Official Gazette
Declaration of Assets and Liabilities by public servants under section 44 of the Lokpal and Lokayuktas Act, 2013 – extension of last date for filing of revised returns by public servants who have filed property returns under the existing service rules – reg.
