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Notifications/Circulars

FTP – Amendment in Notification related to prohibition on export of edible oils

March 25, 2013 1382 Views 0 comment Print

The prohibition will not apply to export of Peanut Butter, ITC (HS) Code 15179020. [This already stands notified at Sl. No. 10 of the Table in Para 1 of Notification No. 31(RE-2012)/2009-14 dated 4th February, 2013].

Amendment in Notification related to Prohibition on export of pulses

March 25, 2013 1883 Views 0 comment Print

Prohibition on export of pulses has been extended by one more year; from 31.03.2013 to 31.03.2014. But, there are two exceptions to this. One is export of Kabuli Chana. Second is export of Organic Pulses and lentils; but with a ceiling of 10,000 MTs per annum and subject to certain conditions mentioned above.

ST -Expedite the disposal of applications for amendment of registrations, DG Systems directs Commissionerates

March 22, 2013 633 Views 0 comment Print

TRADE NOTICE NO. 3/ST/2013-CEXCHD1[F.NO.V(MISC)30/STC/HQ/TRADE NOTICE/10/2010/PT.], DATED 22-3-2013 (I) A copy of letter dated 20-3-2013, vide F. No. IV(24)/20/2012-Systems issued by the Directorate General of Systems, Customs & Central Excise, C.R Building, I.P. Estate, New Delhi- 110109 on the above subject matter, is enclosed (Annexure) herewith for information and guidance for the trade and field formation. The […]

Private placement of Tax free Bonds – CBDT removes restriction on issue size

March 22, 2013 1916 Views 0 comment Print

Notification No. 23/2013 – Income Tax In exercise of the powers conferred by item (h) of sub clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes following further amendment to the notification of the Government of India, in the Ministry of

Notification No. 02/2013-Customs (ADD), Dated 22nd March, 2013

March 22, 2013 735 Views 0 comment Print

WHEREAS in the matter of Meta Phenylene Diamine (hereinafter referred to as the subject goods), falling under Chapter 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from the People’s Republic of

SEBI- KYC documents to the KRA – Scanned document to be furnished now

March 22, 2013 822 Views 0 comment Print

Provided that in the case of clients of a mutual fund, the Registrar to an Issue and Share Transfer Agent appointed by the mutual fund may perform the initial KYC/due diligence of the client, upload the KYC information with proper authentication on the system of the KRA, and furnish the scanned images of KYC documents to the KRA.

India-Argentina TIEA is effective from 28-1-13

March 22, 2013 2515 Views 0 comment Print

Notification No. 22/2013 – Income Tax Whereas, an Agreement between the Government of the Republic of India and the Government of the Argentine Republic for the exchange of information and assistance in collection with respect to taxes was signed at Argentina on the 21st day of November, 2011 (hereinafter referred to as the Agreement); And whereas, the date of entry into force of the Agreement is the 28th day of January, 2013, being the date of the later of the notifications of completion of the procedures as required by the respective laws for entry into force of the Agreement, in accordance with paragraph 2 of Article 13 of the Agreement;

Amendment in Rules Related to Acceptance of Deposits U/s. 58A

March 21, 2013 2321 Views 0 comment Print

The Regional Director or Registrd of Companies or any other officer of the Central Government shall be authorised to make complaints under sub-section (2) of section 58AAA of the Act.

Levy of Service Tax on Transportation of Parcel Traffic (Leased or Non-Leased Parcel Traffic) by Rail – Clarifications

March 21, 2013 1893 Views 0 comment Print

Service Tax will be levied for transportation of all description of parcel traffic (leased or non-leased parcel traffic) and merchandise items (for commercial use) booked as Luggage with effect from 1st October, 2012. Luggage traffic i.e., personal baggage belonging to the travelling passengers, (excluding merchandise items for commercial use), shall be exempted from service tax. Commodities exempted from payment of service tax as per Ministry of Finance’s Notification No. 25 of 2012, dated 20th June 2012 are:

SEBI – Usage of electronic payment modes for making cash payments to investors

March 21, 2013 1519 Views 0 comment Print

Please refer to SEBI circular no. DCC/FITTCIR-3//2001 dated October 15, 2001 and circular no D&CC/FITTC/CIR-04/2001 dated November 13, 2001 on usage of ECS (Electronic Clearing Services) facility and warrants for distribution of dividends or other cash benefits to the investors.

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