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Notifications/Circulars

Notification No. 117/2014-Customs (N.T.), Dated: 31.12.2014

December 31, 2014 664 Views 0 comment Print

Silver, in any form, in respect of which the benefit of entries at serial number 322 and 324 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed

Companies (Cost Records and Audit) Amendment Rules, 2014

December 31, 2014 28978 Views 0 comment Print

Telecommunication services made available to users by means of any transmission or reception of signs, signals, writing, images and sounds or intelligence of any nature (other than broadcasting services) and regulated by the Telecom Regulatory Authority of India under the Telecom Regulatory Authority of India Act, 1997 (24 of 1997)

Permission for export of buffalo tallow

December 31, 2014 5242 Views 2 comments Print

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2009-2014 (as amended from time to time), the Central Government, with immediate effect, hereby amends the entry at Sl. No. 91 & inserts a new entry at Sl. No. 91 A in Chapter 15 of Schedule 2 of ITC(HS) Classification of Export & Import Items.

Guidelines for processing of Online IEC Applications

December 31, 2014 1485 Views 0 comment Print

From 1.1.2015, all applications for IEC would be made in online mode only. All applicants will have to fill IEC application and also upload all required documents online. All IEC Certificates would also be issued by the concerned RA (with his digital signature) in digital format only. The applicant can take a print out of the digitally signed IEC, as and when required.

Revised Guidelines for Issue / Modification of IEC Number

December 31, 2014 1646 Views 0 comment Print

Amendments in Detailed Guidelines for Issue / Modification of Importer Exporter Code Number (IEC) as notified vide Public Notice No. 76 dated the 27th of November, 2014 and Para 9.1 of Handbook of Procedure vol.1 (2009-14).

Exit order in respect of Ludhiana Stock Exchange Ltd

December 31, 2014 862 Views 0 comment Print

Further, the Income Tax Authorities, Ministry of Corporate Affairs and the State Government of Punjab are being intimated about the exit of LSE, for appropriate action at their end.

Introduction of 24×7 Customs clearance facility at Specified Sea Ports and Air Cargo Complexes

December 31, 2014 11673 Views 0 comment Print

CBDT vide Circular No. 19/2014-Customs dated December 31, 2014 has introduced at 18 Sea Ports, the facility of 24×7 Customs clearance for specified imports i.e. goods covered by ‘facilitated’ Bills of Entry and specified export i.e. factory stuffed containers and goods exported under free Shipping Bills, effective from December 31, 2014.

Notification No. 04/2014-Customs (SG) Dated: 31.12.2014

December 31, 2014 2662 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, read with rules 12, 14 and 17 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government after considering the aforesaid findings of the Director General (Safeguards), hereby imposes on Sodium Citrate falling under tariff item 2918 15 20 of the First Schedule to the Customs Tariff Act, when imported into India, a safeguard duty at the following rate, namely:-

Registration for the purpose of Foreign Accounts Tax Compliance Act (FATCA)

December 30, 2014 2482 Views 0 comment Print

The Government of India has informed SEBI vide communication dated December 30, 2014 that as per the FAQ published on the US Internal Revenue Service (IRS) website, Foreign Financial Institutions (FFIs) in Model 1 jurisdictions need to register with the US IRS and obtain a Global Intermediary Identification Number (GIIN) before January 01, 2015, or at the earliest, in order to avoid withholding.

SEBI issues Concept Paper on proposed framework for issuance & listing of debt securities by municipalities

December 30, 2014 1481 Views 0 comment Print

Pursuant to the recommendation made by Corporate Bonds and Securitization Advisory Committee (CoBoSAC), SEBI is proposing to lay down regulatory framework for issue and listing of debt securities by municipalities. In this regard, SEBI has initiated the public consultation process by preparing concept paper and draft regulations viz., SEBI (Issue and Listing of Debt Securities by Municipality) Regulations, 2015.

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