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Notifications/Circulars

Impact of Increased Derivatives-Trading in India on Price-Discovery Process

October 17, 2013 1651 Views 0 comment Print

SEBI released the Development Research Group (DRG) Study titled, Impact of Increased Derivatives-Trading in India on the Price-Discovery Process. The study is co-authored by Prof. Banikanta Mishra, Dr. Sarat Malik, and Laltu Pore.

Co-Operative Banks may be allowed to open Specialized Branches

October 15, 2013 799 Views 0 comment Print

We have of late been receiving requests from banks for setting up of Specialized Branches like Central Processing Centres (CPCs)/ Retail Assets Processing Centres/ Regional/ Zonal Processing Centres.

Amendment Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001

October 15, 2013 517 Views 0 comment Print

In 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

Designation of officers in first appellate authority in the office of directorate of income tax (HRD) – Order-Instruction – Dated 14-10-2013 – Income Tax

October 14, 2013 1883 Views 0 comment Print

F. No. HRD/AD/870/4/2008-09/2868 – Dated : 14/10/2013 In supersession of earlier order vide F. No. HRD/AD/870/04//2008-09/1070 dated 02.07.13, under mentioned officers are designated as Central Public Information Officers (CPIOs) and first appellate authority in the different divisions of the office of Directorate of Income Tax (Human Resources Development) with immediate effect and until further orders.

Maintain Audit quality standards or face ICAI disciplinary committee

October 14, 2013 1532 Views 0 comment Print

The Department has high expectation from the CA community and the CAs are advised to carry out the VAT Audit and Special Audit with strict reference to the relevant legal provisions, and complete the work timely. The panel for Special Audit will be reviewed each year based on the quality and the timeliness of the reports.

Delhi VAT-Guideline to ensure faster Processing of refund claims

October 11, 2013 3483 Views 0 comment Print

1. Details of sales made against C/H/I/E1/E2/J forms will be submitted quarter wise and details of sales made against F forms will be submitted month wise by the dealers in the online Refund Claim Form through their login.

Duty Drawback Scheme- Audit Observation and Action Taken

October 11, 2013 10140 Views 0 comment Print

Instruction No. F.No. 603/01/2011-DBK The Audit Report highlighted aspects on the compliance side which Internal Audit did not notice. A better performance by Internal Audit would have enabled remedial actions to be taken earlier. Board directs that Commissioners should appropriately strengthen their Internal Audit wings to achieve desired diligence levels and a significantly improved performance in areas such as payment of re-export drawback, cases of manual processing of drawback and the determination/fixation of brand rates.

Notification No. 23/2013-Customs (ADD) Dated: 10/10/2013

October 10, 2013 1357 Views 0 comment Print

in the matter of review of anti-dumping on import of the subject goods, originating in, or exported from the subject country

Notification No. 22/2013-Customs (ADD) Dated: 10/10/2013

October 10, 2013 769 Views 0 comment Print

WHEREAS in the matter of import of Bulk Drug Cefadroxil Monohydrate (hereinafter referred to as subject goods), falling under Chapter 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)

Notification No. 47/2013-Customs Dated: 10/10/2013

October 10, 2013 517 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do

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