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Notifications/Circulars

Rules & forms for rollback of Advance Pricing Agreement

March 14, 2015 10540 Views 0 comment Print

Notification No. 23/2015 – Income Tax In exercise of the powers conferred by sub-sections (9) and(9A) of section 92CC read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:

Addition of two new ports for import of new vehicles

March 13, 2015 654 Views 0 comment Print

Two new Customs Ports, Kattupalli Port and APM Terminals, Pipavav Port are being added to the list of 12 existing ports/ICDs, thereby taking the total number of ports/ICDs to 14, for importing new vehicles.

DGFT Notification No. 116 (RE-2013)/2009-2014, Dated: 13.03.2015

March 13, 2015 1170 Views 0 comment Print

In exercise of powers conferred by Section 5 and Section 14 A of the Foreign Trade (Development & Regulation) Act, 1992 {FT(D&R) Act,1992} as amended, the Central Government hereby makes the following amendments to the list of specified goods, services and technologies, i.e. Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET) that was notified vide Notification No.37 (RE-2012)/2009-2014 dated 14th March, 2013 and amended vide Notification No.26 (RE-2013)/2009-2014 dated 3rd July, 2013.

DGFT notifies list of military stores that requires NOC from Department of Defence Production for export

March 13, 2015 1305 Views 0 comment Print

The list of military stores that requires NOC from Department of Defence Production for export has been notified vide Notification No. 115 (RE – 2013)/2009-2014, Dated: March 13, 2015

Notification No. 07/2015-Customs (ADD) Dated-13th March, 2015

March 13, 2015 3306 Views 0 comment Print

Whereas in the matter of Sheet Glass falling under Chapter 70 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred as the Customs Tariff Act), originating in, or exported from, China PR (hereinafter referred to as the subject country), and imported into India

Safeguard duty on import of saturated fatty alcohol

March 13, 2015 1937 Views 0 comment Print

Whereas, in the matter of import of Saturated Fatty Alcohols with carbon chain length of C8, C10, C12, C14, C16 and C18 including single, blends and unblended (not including branched isomers) which includes blends of a combination of carbon chain lengths, C12-C14, C12-C16, C12-C18, C16-18 and C14-C16 (commonly categorized as C12-C14)

Notification No. 30/2015-Customs (N. T.) Dated: 13th March, 2015

March 13, 2015 771 Views 0 comment Print

n 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

Bank may open accounts of proprietary concerns with one documents as activity proof

March 13, 2015 2764 Views 0 comment Print

Reserve Bank has been receiving representations pointing out difficulties in complying with the requirement of furnishing two documents as activity proof while opening accounts of sole proprietary firms in certain cases. It is possible that in some types of activities there is genuine difficulty in procuring two such documents.

Non- migration of PANs due to pending Refund Caging – reg.

March 13, 2015 5994 Views 0 comment Print

AST Instruction No. 134 Prior to implementation of cadre restructuring in Nov., 2014, a number of AST validations were executed at the time of migration of a PAN which restricted PAN migration, if any of the validation was pending. In these cases, the AO had to complete the action restricting such migration, to enable PAN migration.

Notification No. 22/2015 – Income Tax Dated 13/3/2015

March 13, 2015 1406 Views 0 comment Print

Notification No. 22/2015 – Income Tax It is hereby notified for general information that the organization Indian Institute of Technology (BHU), Varanasi (PAN – AAAJI0396R) has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), from Assessment year

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