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Notifications/Circulars

Public Notice No. 36 (RE-2013)/2009-2014, Dated: 11.11.2013

November 11, 2013 544 Views 0 comment Print

As per Article 10 of European Union Regulation (EC) No. 891/2009 of 25.9.2009 “release for free circulation for the quotas of CXL concession sugar with order no.09.4321 shall be subject to the presentation of a certificate of origin issued by the competent authority of the third country concerned in accordance with articles 55 to 65 of Regulation (EEC) No. 2454/93”. Accordingly, the entries to be made in the export authorization document EUR and GSP are as follows.

E-registration of equitable mortgage made mandatory in Maharashtra

November 11, 2013 20049 Views 0 comment Print

In case of creation of equitable mortgage by deposit of title deeds, the mortgagor is now required to send online notice of the mortgage to the registering officer within 30 days using e-filing module under Section 89B of Registration Act.

NOC from respective financial sector regulator NOT required for transfer of shares from Residents to Non-Residents

November 11, 2013 2420 Views 0 comment Print

Now onwards No Objection Certificate (NOC) is NOT required to be obtained from the respective financial sector regulator/regulators of the investee company as well as transferor and transferee entities in case of transfer of shares from Residents to Non-Residents where the investee company is in the financial services sector.

Import of Gold allowed for export under Advance Authorisation / Duty Free Import Authorization

November 11, 2013 922 Views 0 comment Print

Notwithstanding any of the foregoing directions, entities/units in the SEZ and EoUs, Premier and Star Trading Houses (irrespective of whether they are nominated agencies or not) are permitted to import gold exclusively for the purpose of exports only.Similarly, exports toward sfulfillment of obligation under AA/DFIA scheme shall not qualify as export for the purpose of the scheme of 20:80.

Delhi VAT : Last date to file 2nd quarter return for dealers with turnover exceeding 10 Crores extended to 20.11.2013

November 11, 2013 2024 Views 0 comment Print

Commissioner, Value Added Tax, do hereby extend the last date of online filing of second quarter return for the year 2013-14, in Form DVAT-16 and DVAT-17, alongwith required annexures, and submission of hard copy of acknowledgement in Form DVAT-56, as per schedule given below:

Conditions for raising of Capital abroad by unlisted companies incorporated in India

November 8, 2013 2711 Views 0 comment Print

On a review, it has now been decided to allow unlisted companies incorporated in India to raise capital abroad, without the requirement of prior or subsequent listing in India, initially for a period of two years, subject to conditions mentioned below.

Reg. Exemption from payment of SAD to parts, components and accessories etc. of Mobile Handsets

November 8, 2013 722 Views 0 comment Print

It has been reported that after 31.3.2013, manufacturer/importers are claiming exemption from SAD on the said goods under the said notification in terms of S. No. 1 of the Table, which provides exemption from SAD to all goods that are exempt from payment of BCD and CVD.

Conditions for Third party payments for export / import transactions

November 8, 2013 22453 Views 0 comment Print

AD banks may allow payments for export of goods / software to be received from a third party (a party other than the buyer) subject to conditions as under: Firm irrevocable order backed by a tripartite agreement should be in place;

Notification No. 27/2013-Customs (ADD) Dated 8th November, 2013

November 8, 2013 1922 Views 0 comment Print

Notification No. 27/2013-Customs (ADD) dated the 8th November, 2013 In the matter of continuation of anti-dumping duty on Acrylic Fibre, falling under chapter 55 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Korea RP and Thailand

Company Law :Electoral Trust Notification

November 7, 2013 1544 Views 0 comment Print

Central Government hereby directs that in respect of companies incorporated with the name containing the phrase electoral trust in accordance with the provisions of the Electoral Trusts Scheme, 2013,

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