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Notifications/Circulars

Customs Duty exemption on goods required for Intensified Malaria Control Project

November 21, 2014 703 Views 0 comment Print

n exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary

External Commercial Borrowings (ECB) Policy – Parking of ECB proceeds

November 21, 2014 3873 Views 0 comment Print

With a view to providing greater flexibility to the ECB borrowers in structuring draw down of ECB proceeds and utilisation of the same for permitted end uses, it has been decided to permit AD Category -I banks to allow eligible ECB borrowers to park ECB proceeds (both under the automatic and approval routes) in term deposits with AD Category- I banks in India for a maximum period of six months pending utilisation for permitted end uses.

Credit Card in the name of RBI : RBI cautions of Fraud

November 21, 2014 4895 Views 0 comment Print

The Reserve Bank has once again cautioned members of public that falling prey to such offers can result in compromising one’s own crucial personal information that may be misused to cause direct financial and other loss to them. They, in their own interest, should refrain from responding to such offers in any manner. Rather, they should immediately lodge a complaint with Cyber Crime branch of the Police, the contact details of which are available in the Reserve Bank’s press release issued earlier (Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad).

Central Excise/Customs – Malarial Control Drugs Exempted

November 21, 2014 2099 Views 0 comment Print

the manufacturer shall produce a certificate from an officer not below the rank of Deputy Secretary to the Government of India in the Ministry of Health and Family Welfare at the time of clearance of the said Goods to the Jurisdictional Assistant Commissioner or Deputy Commissioner of Central Excise to the effect that the said goods are required

Imposition of Anti Dumping Duty on importation of Digital Versatile Discs-Recordable

November 21, 2014 804 Views 0 comment Print

The Central Government vide Notification No. 45/2014–Customs (ADD) dated November 21, 2014 (Notification No. 45) has again imposed Anti Dumping Duty (ADD) on import of Digital Versatile Discs-Recordable (DVD-R and DVD-RW) falling under Heading 8523 of the First Schedule to the Customs Tariff Act, 1975 (the Customs Tariff Act), originating in or exported from the People’s Republic of China, Hong Kong and Chinese Taipei.

Imposition of Anti Dumping Duty on importation of Diclofenac Sodium

November 21, 2014 711 Views 0 comment Print

the matter of review of anti-dumping duty on import of the subject goods, originating in or exported from the subject country, the designated authority in its final findings

Uniform list of Services to be followed in SEZ- regarding

November 21, 2014 7270 Views 0 comment Print

Instruction No. 83 Dated 21st November, 2014 Representations have been received in this Department that despite issue of default list of authorised services by DoC, the SEZ Developers and Units are forced to apply, a fresh to UAC even for those authorized services which are already approved earlier by the UAC for the said Developers/Units.

Acquisition/Transfer of Immovable property in India – Payment of taxes

November 20, 2014 3216 Views 0 comment Print

A.P. (DIR Series) Circular No. 38 Dated- November 20, 2014 Attention of Authorised Dealers in Foreign Exchange is invited to Foreign Exchange Management (Acquisition and Transfer of immovable property in India) Regulations, 2000 notified vide Notification No. FEMA 21 /2000-RB dated 3rd May 2000 as amended from time to time.

Rate of exchange of conversion of each of foreign currency wef 21.11.2014

November 20, 2014 1716 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance

Time Period of Realisation & Repatriation of Export Proceeds

November 20, 2014 3401 Views 0 comment Print

A.P. (DIR Series) Circular No. 37 Dated- November 20, 2014Export of Goods / Software / Services – Period of Realisation and Repatriation of Export Proceeds – For exporters including Units in SEZs, Status Holder Exporters, EOUs, Units in EHTPs, STPs and BTPs

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