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Notifications

Notification No. 49/ 2010-Customs – Regarding anti dumping duty on circular weaving machines, originating in, or exported from China

April 12, 2010 567 Views 0 comment Print

Whereas, in the matter of import of circular weaving machines having six or more shuttles for weaving PP/HDPE fabrics of a width exceeding 30 cms. (hereinafter referred as the subject goods), falling under Heading 8446 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and originating in, or exported from the Peoples Republic of China (China PR),

Notification No. 48/ 2010-Customs -Regarding anti dumping duty on Recordable Digital Versatile Disc [DVD] of all kinds, originating in, or exported from the Malaysia, Thailand and Vietnam

April 12, 2010 499 Views 0 comment Print

Whereas, in the matter of import of Recordable Digital Versatile Disc [DVD] of all kinds (hereinafter referred as the subject goods), falling under Heading 8523 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and originating in, or exported from the Malaysia, Thailand and Vietnam, (hereinafter referred to as the subject countries) into India,

Custom Notification No 47/2010 – Regarding anti dumping duty on nylon filament yarn

April 12, 2010 1346 Views 0 comment Print

Regarding anti dumping duty on nylon filament yarn of specification ‘synthetic filament yarn including synthetic monofilament of less than 67 decitex, of nylon or other polyamides originating in, or exported from, People’s Republic of China, Chinese Taipei, Malaysia, Indonesia, Thailand and People’s Republic of Korea.

Custom Notification No 46/2010 – Regarding continuation of anti dumping duty on imports of narrow woven fabrics

April 12, 2010 775 Views 0 comment Print

Peoples Republic of China and Chinese Taipei, imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue),No. 76/2005-Customs, dated the 25th July, 2005, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 503(E), dated the 25th July, 2005, and has requested for extension of anti-dumping duty, in terms of sub-section (5) of section 9A of the said Customs Tariff Act;

MVAT Notification No. VAT 15107 C.R. 52/Taxation-1 – Amendment to Schedules

April 12, 2010 2580 Views 0 comment Print

In exercise of the powers conferred by sub-entry (8) of entry 107 of SCHEDULE C appended to the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra hereby, with effect from the 1st May 2010, amends the Government Notification, Finance Department, No .VAT 1505/C.R.233/ Taxation-1, dated the 23rd November 2005, as follows, namely :—

DGFT notification 38/2009-2014-Regarding Compulsory registration of cotton yarn export contracts

April 9, 2010 469 Views 0 comment Print

The contracts for export of cotton yarn shall be registered with the textile commissioner prior to shipment, the notification said. Clearance of cotton yarn consignments would be cleared by the Customs after verifying that the contracts have been registered, it added.

RRBs – Know your Customer (KYC) guidelines – accounts of proprietary concerns

April 9, 2010 513 Views 0 comment Print

A reference is invited to Para 3 of the guidelines on ‘Know Your Customer’ norms and anti-money laundering measures enclosed to our circular RPCD.RRB.BC.No.81/03.05.33(E)/2004-05 dated February 18,2005. It has been advised to RRBs that internal guidelines for customer identification procedure of legal entities may be framed by them based on their experience of dealing with such entities, normal bankers’ prudence and the legal requirements as per established practices.

RBI/2009-10/390, DBOD. No. Dir. BC 88 /13.03.00/2009-10, dated: 09.04.2010

April 9, 2010 1336 Views 0 comment Print

The BPLR system, introduced in 2003, fell short of its original objective of bringing transparency to lending rates. This was mainly because under the BPLR system, banks could lend below BPLR. For the same reason, it was also difficult to assess the transmission of policy rates of the Reserve Bank to lending rates of banks. The Base Rate system is aimed at enhancing transparency in lending rates of banks and enabling better assessment of transmission of monetary policy. Accordingly, the following guidelines are issued for implementation by banks.

Priority Sector Lending – Advances to Micro and Small Enterprises engaged in exports

April 9, 2010 220 Views 0 comment Print

Please refer to our Master Circular dated July 1, 2009 on Lending to Priority Sector, in terms of which finance granted by banks to micro and small enterprises as defined under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, is eligible for classification under priority sector.

Amendment in the ITC(HS) Classification of Export and Import items

April 9, 2010 448 Views 0 comment Print

DGFT notification 37/2009-2014 (a) Export to EU permitted subject to Compulsory registration of contracts with APEDA, alongwith controlled Aflatoxin level certificate given by agencies/laboratories nominated by APEDA; (b Exports to Russian Federation permitted subject to pre-shipment quality certification issued by (1) Insecticide Residue Testing Laboratory.(2) Geo-Chem Laboratories Pvt. Ltd. (3) Reliable Analytical Laboratory (4) Arbro Pharmaceuticals Ltd. (5) Shri Ram Institute for Industrial Research, Delhi

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