Follow Us:

Notifications/Circulars

Indo–Myanmar Border Trade – Amendment & Addition in Existing list of tradable items

November 16, 2012 1068 Views 0 comment Print

Existing arrangements for import/export of commodities/items under Indo Myanmar Border have been revised; and ii. 22 new commodities/items have been added to the existing list of 40 tradable items and all the 62 commodities/items consolidated.

Participation of mutual funds in Credit Default Swaps Market as Users (Protection Buyers) & in repo, in corporate debt securities

November 15, 2012 892 Views 0 comment Print

Mutual funds participating in CDS transactions, as users, shall be required to comply with the guidelines issued by RBI, vide notification no. IDMD.PCD.No.5053/14.03.04/2010-11 dated May 23, 2011 and subsequent guidelines issued by RBI and SEBI from time to time.

Corrigendum to List of Companies authorized to issue tax-free bonds

November 15, 2012 834 Views 0 comment Print

Notification No. 50/2012-Income Tax In the notification of the Government of India in the Ministry of Finance, Department of Revenue, (Central Board of Direct Taxes) number S.O. 2685(E), dated the 6th November, 2012 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated the 6th November, 2012, in the table, for Rural Electrical Corporation, read Rural Electrification Corporation Limited.

Notification No.98/2012-Customs (N. T.), Dated: 14.11.2012

November 14, 2012 1057 Views 0 comment Print

S.O. ____ (E).– 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 makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001,

Clarification on Service Tax on Remittances of foreign currency in India from overseas

November 13, 2012 636 Views 0 comment Print

It is to bring to the notice of all trade associations and stake holders that concerns have been expressed in various forums regarding the leviability of Service Tax on the remittance of foreign currency in India from overseas.

DGFT – Bank Guarantee to be executed by surety Bank (Guarantor)

November 12, 2012 657 Views 0 comment Print

The Bank Guarantee / Legal Agreement is to be executed by the surety Bank (Guarantor)/ importer/exporter (party) on a non-judicial stamp paper an amount as may be prescribed by the concerned State Government under the Indian Stamp Act, 1899 or State act, as the case may be

MVAT – Clarification with regards to occurrence of due date on Sunday or Public Holiday

November 9, 2012 5504 Views 0 comment Print

This office is in receipt of queries with regards to the admissibility of submission of returns, application for refund in Form-501, Audit Report in Form-704 or like documents and payment of amount towards VAT on the next working day immediately following due date which falls on Sunday or Public Holiday.

Education Loans – Banks not to insist Service area approach

November 9, 2012 1098 Views 0 comment Print

We have been receiving a number of complaints where students have been refused educational loan as the residence of the borrower does not fall under the bank’s service area. In this connection, we advise that Service area norms are to be followed only in the case of Government sponsored schemes as advised in our circular RPCD.LBS (SAA).BC.No.62/08.01.00/2004-05 dated December 8, 2004 and are not applicable to sanction of educational loans.

ITAT introduces ‘e-bench’ to hear appeals through video conferencing

November 9, 2012 1378 Views 0 comment Print

Circular No. F.1-AD (E-BENCH)/AT/2012 It is directed that appeals and applications fixed before the Income Tax Appellate Tribunal, Nagpur Bench will be heard through Video Conferencing by the Members of the ITAT sitting at ITAT, Mumbai.

India – Uzbekistan Protocol – Articles 1 to 4 and 6 wef 2013-14 & Article 5 from 20-7-2012

November 7, 2012 1684 Views 0 comment Print

Notification No. 49/2012-Income Tax Whereas the annexed Protocol amending the Agreement between the Government of the Republic of India and the Government of the Republic of Uzbekistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930