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Notifications/Circulars

SEZ -Transfer of used Capital Goods by SEZ units

October 29, 2010 7470 Views 0 comment Print

SEZ : Transfer of used Capital Goods by SEZ units Instruction No. 68, dated 28-10-2010 Department of Commerce has been receiving a number of representations especially from IT/ITES SEZ units about their requests for transfer of capital goods from their STPI units to their newly formed SEZ units. In one case, the DC concerned permitted […]

SEZ – Energy Conservation in SEZs

October 29, 2010 573 Views 0 comment Print

SEZ : Energy Conservation in SEZs Instruction No. 66, dated 27-10-2010 Please find attached guidelines on Energy Conservation in Special Economic Zones for implementation. This issues with the approval of Commerce & Industry Minister.

SEZ – Guidelines for Development of Special Economic Zones (SEZs)

October 29, 2010 576 Views 0 comment Print

Instruction No. 65, dated 27-10-2010 Please find attached guidelines for Development of Special Economic Zones (SEZs) for implementation. This issues with the approval of Commerce & Industry Minister.

Notification No. 82/2010-Income Tax Dated 28/10/2010

October 28, 2010 643 Views 0 comment Print

Notification No. 82/2010-Income Tax It is hereby notified for general information that the organization Centre for the Study of Developing Societies, New Delhi has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with rules 5C and 5E of the Income-tax Rules, 1962 (said Rules) from Assessment year 2010-11 onwards in the category of ‘other Institution’ partly engaged in research activities subject to the following conditions, namely :–

Custom Notification No. 112/2010-Cus dated -28-10-2010

October 28, 2010 694 Views 0 comment Print

G.S.R. 864 (E). – Whereas, in the matter of import of Bus and Truck Radial Tyres, (hereinafter referred to as the subject goods) , falling under item nos. 40112010 (for tyres) and 40131020 and 40129049 (for tubes and flaps respectively) of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and originating in, or exported from the People’s Republic of China(China PR) and Thailand (hereinafter referred to as the subject countries), the designated authority, vide its final findings in notification No. 14/17/2008-DGAD, dated the 1st January, 2010 published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 1st January, 2010, had come to the conclusion that —

Extend the time limit for furnishing of reconciliation return in Form DVAT 51, up to 15th November, 2010 for Ist, IInd, IIIrd and IVth quarter of the year 2009-10.

October 28, 2010 507 Views 0 comment Print

Extend the time limit for furnishing of reconciliation return in Form DVAT 51, up to 15th November, 2010 for Ist, IInd, IIIrd and IVth quarter of the year 2009-10. GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 TEL NO. : 011 23319691, 011 23318568, […]

Revised Form of Bond to be furnished for availing duty exemption under Advance License and EPCG Schemes

October 28, 2010 616 Views 0 comment Print

I am directed to invite attention to the Board’s circular No.58/2004-Cus dated 21.10.2004 which prescribes form of bond to be furnished for availing duty exemption under Advance License and EPCG Schemes. Condition 1 of the prescribed form of bond reads as under

Issue of Irrevocable Payment Commitments

October 28, 2010 1153 Views 0 comment Print

Custodian banks have expressed operational difficulties in complying with the requirement of incorporating a clause in the agreement with their clients which gives them an inalienable right over the securities to be received as payout in any settlement before November 1, 2010. Accordingly, it has been decided to grant an additional period of two months i.e. upto December 31, 2010, to the custodian banks to fulfil this requirement.

Banks permitted to Participate in Currency Options on Recognized Stock/New Exchanges

October 28, 2010 438 Views 0 comment Print

Please refer to RBI/2010-11/147 A.P. (DIR Series) Circular No. 05 dated July 30, 2010 containing guidelines on Trading of Currency Options on Recognised Stock / New Exchanges issued by Foreign Exchange Department (copy enclosed). In this connection, we advise as under.

Prudential Norms on Investment in Zero Coupon Bonds

October 28, 2010 532 Views 0 comment Print

Please find enclosed circular DBOD No. BP .BC .44 / 21.04.141 / 2010-11 dated September 29, 2010 on the above subject. In this connection, it is advised that the above guidelines issued to banks, shall mutatis mutandis apply to the select All-India Financial Institutions.

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