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Notifications/Circulars

Re-Companies (Electronic Filing and Authentication of Documents) Amendment Rules, 2009

September 7, 2009 1027 Views 0 comment Print

In the Companies (Electronic Filing and Authentication of Documents) Rules, 2006, in rule 3, in sub-rule (1), after the proviso, the following proviso shall be inserted, namely :- “ Provided further that if stamp duty on such documents is paid electronically through Ministry of Corporate Affairs portal www.mca.gov.in, in such case, the company shall not be required to make physical submissition of such documents, in addition to their submission in the electronic form:

RBI circular on Collection of Account Payee Cheques – Prohibition on Crediting Proceeds to Third Party Account

September 7, 2009 4109 Views 0 comment Print

It has been brought to our notice that some banks are collecting third party account payee cheques on behalf of co-operative credit societies who are their constituents. While reiterating that such practice of collection of third party cheques is not permissible, in order to facilitate collection of cheques from the payment system angle, account payee cheques deposited with the sub-member for credit to their customers’ account can be collected by the member bank (referred to as the sponsor member) of the Clearing House.

Public Notice No. 6/2009-14, Dated: 04.09.2009

September 4, 2009 409 Views 0 comment Print

In exercise of powers conferred under paragraph 2.4 of Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures Vol I.

Public Notice No. 5/2009-2014, Dated: 04.09.2009

September 4, 2009 592 Views 0 comment Print

In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2009-2014, the Director General of Foreign Trade hereby makes the following amendments in Appendix 2 (List of Export Promotion Councils/ Commodity Board) of the Handbook of Procedures.

Notification No. 66/2009 – Income Tax Dated 4/9/2009

September 4, 2009 379 Views 0 comment Print

Notification No. 66/2009 – Income Tax It is hereby notified for general information that the organization Thapar Centre for Industrial Research & Development, Patiala has been approved by the Central Government for the purpose of clause (ii) 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

Policy Circular No. 05/2009-2014, Dated: 04.09.2009

September 4, 2009 409 Views 0 comment Print

Your attention is invited to Policy Circular No. 2/2009-2014, dated 27.08.2009 on the subject mentioned above issued by this office. In this regard, it is stated that the expression sports weapons wherever occuring in the Policy Circular referred to above may be read as sports weapons and ammunitions for sports weapons.

Prohibition on Export of Edible Oils

September 4, 2009 418 Views 0 comment Print

The above ban, however, shall not be applicable to relaxations / exemptions granted vide Notification No.33 (RE-2008)/2004-09 dated 19th August, 2008, and Notification No.60 (RE-2008)/2004-09 dated 20.11.2008, respectively.

SEBI issued circular on Allocation methodology of debt investment limits to FIIs

September 4, 2009 493 Views 0 comment Print

The remaining limit for investment in Government debt shall be allocated among the FIIs/sub-accounts on a first come first served basis in terms of SEBI circular dated January 31, 2008, subject to a ceiling of Rs. 249 Cr. per registered entity.

Misuse of circular No.74/2002-Cus dated 8th November, 2002 – reg

September 3, 2009 892 Views 0 comment Print

CIRCULAR NO. 24/2009-Cus F.No.609/09/2008-DBK Government of India Ministry of Finance Department of Revenue Central Board of Excise & Custom New Delhi, the 3rd September, 2009 To All Chief Commissioners of Customs All Chief Commissioners of Customs & Central Excise All Commissioners of Customs /Customs (Preventive)/ Customs & Central Excise/Central Excise DG, CEIB, New Delhi DGRI/DGCEI/DG […]

Circular on Power to grant exemption from Service tax

September 3, 2009 756 Views 0 comment Print

Notification No. 35/2009-Service Tax In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following amendment in the Government of India in the Ministry of Finance (Department of Revenue) Notification No.16/2009-Service Tax, dated the 7th July, 2009 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 488(E), dated the 7 th July 2009, namely:-

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