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Notifications/Circulars

Cost Accounting Records (Fertilizer Industry) Rules, 2011

December 7, 2011 1291 Views 0 comment Print

any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty, forfeiture or punishment as aforesaid, and; any such investigation, legal proceeding or remedy may be instituted, continued or enforced and any such penalty, forfeiture or punishment may be imposed as if those rules had not been superseded.

Cost Accounting Records (Electricity Industry) Rules, 2011

December 7, 2011 643 Views 0 comment Print

Authentication of Annexure to the Compliance Report, – The Annexure to the compliance report shall be approved by the Board of Directors and certified by the Cost Accountant before submitting the same to the Central Government by the company.

Notification No. 29 CE – Export procedure under Notification No. 45/2001 to apply to only export to Bhutan

December 5, 2011 5064 Views 0 comment Print

Notification No. 45/2001-Central Excise (N.T.), dated the 26th June, 2001 prescribes the procedure for export without payment of duty to Nepal and Bhutan. Now Nepal is removed – that is no restrictions or conditions specific to Nepal. Goods can be exported to Nepal just like to any other country. Notification No. 29/2011-Central Excise (N.T.)

Removal of intermediate goods without payment of duty allowed for export to Nepal

December 5, 2011 2472 Views 0 comment Print

Notification 44/2001-Central Excise (N.T.), dated the 26th June, 2001 prescribes the procedure for removal of excisable goods without payment of duty for manufacture of export goods by an advance licence holder, for export to countries other than Nepal and Bhutan. Now this notification is applicable for export to Nepal too. Notification No. 28/2011-Central Excise (N.T.)

Procurement of excisable goods without payment of duty for use in manufacture of export of goods to Nepal allowed when payment is in Indian Rupee

December 5, 2011 1411 Views 0 comment Print

Notification No. 43/2001-Central Excise (N.T.), dated the 26th June, 2001 prescribes the conditions and procedure for procurement of excisable goods without duty for manufacture of export goods. This Notification had certain conditions that for export to Nepal and Bhutan, the payment was to be in freely convertible currency and the procedure under Notification No. 45/2001-CENT had to be followed. Now these restrictions are removed for Nepal. Notification No. 27 / 2011-Central Excise (N.T.)

Notification No. 26/2011-Central Excise (N.T.) Dated- 05.12.2011

December 5, 2011 4319 Views 0 comment Print

Notification No. 42/2001-Central Excise (N.T.), dated the 26th June, 2001 prescribes the conditions and procedure for export without payment of duty to countries other than Nepal and Bhutan. Now this Notification will apply to exports to Nepal – that is without payment of duty. Notification No. 26 / 2011-Central Excise (N.T.)- New Delhi, the 5th December, 2011

Notification No.20/2004 which granted rebate to Nepal Government rescinded

December 5, 2011 1388 Views 0 comment Print

Notification No. 20/2004-CENT dated 06.09.2004 prescribed the procedure for granting of rebate on goods exported to Nepal, to be paid to the Government of Nepal. Now, as the Rebate can be paid to the exporter, this notification is rescinded. – Notification No. 25/2011 – CX NT, Dated: December 05, 2011

RBI intimate banks revised PPF Limit and Interest Rate

December 5, 2011 3756 Views 0 comment Print

Amendment to Public Provident Fund Scheme, 1968 (PPF, 1968) We forward herewith a copy of Government of India Notifications G.S.R. (E) & S.O.(E) dated November 25, 2011, on the captioned subject, the contents of which are self-explicit. 2. In this regard, we advise that the contents of the Notifications may be brought to the notice of the branches of your bank operating the PPF, 1968 and may also be displayed on the notice boards of your branches for the information of the PPF, 1968 subscribers.

Rescinds notification no. 78/2006-Customs, dated the 8th August, 2006

December 5, 2011 802 Views 0 comment Print

Notification No. 108/2011- Customs In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,1962 (52 0f 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 78/2006-Customs, dated the 8th August, 2006, published in the Gazette of India, vide number G.S.R. 467(E), dated 8th August, 2006, except as respects things done or omitted to be done before such rescission.

Exempts from Special Additional Duty (SAD) all goods exempted under notification no. 104/2010-Customs, dated 1st October,2010 when imported from Nepal.

December 5, 2011 1104 Views 0 comment Print

Notification No. 107/ 2011 – Customs In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,1962 (52 0f 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.20/2006-Customs, dated the 1st March,2006, published in the Gazette of India, Extraordinary, vide number G.S.R.92 (E),dated the 1st March, 2006, namely:-

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