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Notifications/Circulars

Notification No 12/2009-Custom Duty, Dated: 10.02.2009

February 10, 2009 547 Views 0 comment Print

The principal Notification No.21/2002 Customs, dated 1st March 2002 was published in the Gazette of India, Extraordinary, Part II, Section3, Sub- section (i) vide G.S.R.118 (E) dated the 1st March 2002 and was last amended by notification No11./ 2009-Customs dated the 3rd February 2009 published in the Gazette of India, Extraordinary, Part II, Section3, Sub-section (i) vide number G.S.R.71 (E), dated the 3rd February 2009.

SEBI : Review of Annual Issuers’ charges

February 10, 2009 886 Views 0 comment Print

bring the provisions of this circular to the notice of the DPs of the Depositories and the issuers whose securities have been admitted into the depositories and also to disseminate the same on the website.

Banks required to obtain regular certification by a professional in respect of Lending under Consortium Arrangement / Multiple Banking Arrangements

February 10, 2009 14587 Views 0 comment Print

As regards rotation of Auditors, for the sake of operational convenience, it is suggested they may be changed once every 5 years instead of every 3 years.vi. In order to avoid concentration, group companies may have different Statutory/Internal Auditors in case group turnover exceeds Rs.100 crores.

Public Notice No. 143 (RE-2008)/2004-2009, Dated: 09.02.2009

February 9, 2009 502 Views 0 comment Print

In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004- 09, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures.

VAT Cir-8T of 2009 – Sanction and disbursement of Industrial Promotion Subsidy (IPS) to Mega Projects and Non-Mega Projects under PSI-2001 and PSI-2007

February 7, 2009 4950 Views 0 comment Print

After receipt of Eligibility Certificate and the above mentioned information from the Industry Department, the Sales Tax Department shall issue the Identification Certificate on its own. There is no need for the eligible unit to separately make an application to the Sales Tax Department for grant of Identification Number.

Notification No. 82 (RE-2008) dated 23.01.2009-transitional arrangements thereunder and origin of goods under prohibition

February 6, 2009 454 Views 0 comment Print

It is also brought to the notice of all concerned that vide this Notification transitional arrangement available under Para 1.5 of FTP have not been stopped. Thus, the transitional arrangements in respect of items whose import has been prohibited vide the said Notification shall continue. Similarly, where the import shipment has been made prior to the date of issue of this Notification, as per Para 9.11A of HBP- vI, those imports may also be allowed.

SEBI : Allocation methodology of debt investment limits to FIIs

February 6, 2009 598 Views 0 comment Print

A minimum flat fee of Rs 1000 per successful bid shall be levied for the allocated amount. Thus the amount payable by the successful bid shall be minimum flat fee of Rs 1000 or bid price which ever is higher.

VAT Cir – 7T of 2009 – Submission of copies of TIN certificate/ TIN Allotment letter/ E-services enrollment acknowledgment to the bank along with returns/ challans

February 5, 2009 2169 Views 0 comment Print

Vide above referred Trade Circular, the Sales Tax Department (“the S.T.D.”) barred the unregistered dealers/ persons/employers from directly paying their tax/ interest/ penalty/composition money/fees/fine/ amount forfeited/ amount of TDS into the Government Treasury. The S.T.D advised the authorized banks not to accept tax/ interest/ penalty/composition money/fees/fine/ amount forfeited/ amount of TDS from the unregistered dealers/ persons/employers.

Service Tax Returns Preparer Scheme

February 5, 2009 2977 Views 0 comment Print

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (ii) ] MINISTRY OF FINANCE (Department of Revenue) (Central Board of Excise and Customs) New Delhi, the 3rd February,2009 Notification No. 7/2009-ST G.S.R. …. (E). In exercise of the powers conferred by sub-section (1) of section 71 of the Finance Act, […]

Public Notice No. 142 (RE-2008)/2004-2009, Dated: 04.02.2009

February 4, 2009 388 Views 0 comment Print

In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol. I RE2008.

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