Whereas, in the matter of imports 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),
Please refer to our circular DBOD. No. Dir. BC.128/13.03.00/2008-09 dated April 24, 2009 advising banks that in view of the present satisfactory level of computerisation in commercial bank branches, it is proposed that payment of interest on savings bank accounts by scheduled commercial banks would be made on a daily product basis
It has been decided, in consultation with the Government of India, to reduce the ceiling rate on export credit in foreign currency by banks to LIBOR plus 200 basis points from the present ceiling rate of LIBOR plus 350 basis points with immediate effect, subject to the express condition that the banks will not levy any other charges viz. service charge, management charge etc except for recovery towards out of pocket expenses incurred.
Since banks may find it difficult to install/maintain machines at all their branches dealing with notes of high denomination, it has been decided to accept the Group’s recommendations with respect to CPC and encourage the banks to set up state of the art Cash Processing Centres (CPCs) with substantial processing and storage capacities. This would further RBI’s objective of the Clean Note Policy.
the Central Government hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 114/2009-Customs, dated the 1st October, 2009, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.720 (E), dated the 1st October, 2009, except as respect things done or omitted to be done before such rescission.
Whereas, the designated authority vide notification No. 15/29/2008-DGAD, dated the 21st November, 2008, published in Part I, section 1 of the Gazette of India, Extraordinary, dated the 21st November, 2008, had initiated review, in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Tariff Act),and in pursuance of rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995
Notification No. 9/2010-Income Tax All sums deducted in accordance with the provisions of sections 192 to 194, section 194A, section 194B, section 194BB, section 194C, section 194D, section 194E, section 194EE, section 194F, section 194G, section 194H, section 194-I, section 194J, section 194K, section 194LA, section 195, section 196A, section 196B, section 196C and section 196D shall be paid to the credit of the Central Government—
Currently operational at most locations across the length and breadth of the country, Clearing Houses facilitate multilateral net clearing and settlement of over four million cheques everyday on a T + 1 basis. In fact, the processing cycle in India for local cheques encompasses both the presentation and return clearing legs, and compares favourably with similar systems around the world.
Income Tax Order No. 2/FT&TR/2010 In partial Modification of order No. 1/FT&TR/2010, dated 10th Feb., 2010 and in supersession of order No. 173/2009, dated 30th November, 2009 and in exercise of powers conferred under section 144C of the Income-tax Act, 1961, the Board hereby constitutes the Dispute Resolution Panel (DRP) comprising of three Commissioners of Income-tax/Director of Income-tax as Members of DRP at the places given below with immediate effect and until further orders.
Notification No.16 / 2010 – Customs (N.T.)- Central Board of Excise and Customs hereby appoints the Commissioner of Central Excise, Mumbai IV to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on – (i) Commissioner of Customs, ICD, Nagpur, vide Show Cause Notice Number DGCEI/MZU/I&IS’A’/12(4)13/2007/6367 to 6370 & 6354 dated 08th August, 2007, Corrigendum DGCEI/MZU/I&IS’A’/12(4)13/2007/3549 dated 16th June, 2008
