Export Promotion Schemes – Calicut Airport added vide Notification No. 05/2015 – Customs, Dated: February 20, 2015
ccordingly, the Public Notices issued by JNCH from time to time for grant of LoFSP were re-examined. In order to improve facilitation to the Exporters, it has been decided to classify the cases as detailed in next page. In the event it appears that the case is serious in nature, LoFSP will not be granted.
The Sales Tax Department has made available the facility to make electronic payments through GRAS (Government Receipt Accounting System) from 18/09/2014. The circular as referred above was issued detailing the procedure to be followed while making payments through GRAS. This office has received queries regarding filing of returns in which taxes are paid through GRAS under the Acts referred as above. In view of the same, it is being clarified as under:
Board’s letter No. F.No. 500/56/2014-FT&TR-IV dated 06th January, 2015, wherein the officers from the field were requested to send all requests for exchange of information from foreign countries in cases getting barred by limitation on 31.03.2015 to the FT&TR Division latest by 15th February, 2015.
the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with
As per these rules, Foreign Direct Investment (FDI) proposals up to 26 per cent of the total paid-up equity of the Indian Insurance Company shall be allowed on the automatic route, and FDI proposals which take the total Foreign Investment above 26 per cent and up to the cap of 49 per cent shall require FIPB approval.
I am directed to say that the post of Joint Secretary (Customs) in the Central Board of Excise & Customs under the Revenue Headquarters is proposed to be filled up from among the eligible officers of IRS (C&CE) cadre. IRS (C&CE) officer in the grade of Commissioner of Customs & Central Excise is eligible for the said post.
Notification No. 18/2015 – Income Tax In the Notification of Government of India, Ministry of Finance, Department of Revenue, No. 13/2015, dated 10th February 2015 bearing S.O. 424 (E) and published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii) (hereinafter referred as Gazette Notification):-
The Central Government vide Notification No. 05/2015-Customs (ADD) dated February 18, 2015 has continued the imposition of Anti-Dumping Duty (ADD) on imports of ‘Acetone’ falling under tariff item no. 2914 11 00 of the First Schedule to the Customs Tariff Act, 1975, originating in or exported from Korea RP.
The obligation to export under the 20:80 scheme will continue to apply in respect of unutilised gold imported before November 28, 2014, i.e., the date of abolition of the 20:80 scheme.
