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Notifications

Notification No. 35/2015-Customs Dated-28th May, 2015

May 28, 2015 2155 Views 0 comment Print

Government of India, in the Ministry of Finance (Department of Revenue), No.12/2012-Customs, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 185(E), dated the 17th March, 2012, namely:-

Notification No. 31/2015-Central Excise Dated 28th May, 2015

May 28, 2015 1595 Views 0 comment Print

In the Annexure to the said notification, in List 11, in item No. 48, for the letters STPP, the letters TPP shall be substituted.

S. 35AC Notified Eligible institutions ,Projects or Schemes- Notification No. 124/2015 Dated-26.5.2015

May 26, 2015 2065 Views 0 comment Print

Notification No. 124/2015 – Income Tax S.O. 1411(E) – In exercise of the powers conferred by sub-section (I) read with clause (b) of the Explanation to section 35AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National Committee for Promotion of

Foreign Exchange Management (Current Account Transactions) Amendment Rules, 2015

May 26, 2015 33075 Views 0 comment Print

5. Prior approval of Reserve Bank.-Every drawal of foreign exchange for transactions included in Schedule III shall be governed as provided therein: Provided that this rule shall not apply where the payment is made out of funds held in Resident Foreign Currency (RFC) Account of the remitter.

Notification No. 34/2015-Customs Dated-25th May, 2015

May 25, 2015 3070 Views 0 comment Print

Notification No. 34/2015-Customs (8) Subject to the satisfaction of the said officer, duty shall not be leviable in respect of capital goods, raw material, consumables, spares, goods manufactured, processed or packaged, and scrap or waste or remnants or rejects are destroyed within the unit after intimation to Customs authorities or destroyed outside the unit with permission of Customs authorities:

Notification No. 30/2015-Central Excise Dated-25th May, 2015

May 25, 2015 1397 Views 0 comment Print

Notification No. 30/2015-Central Excise i) in the case of capital goods, such goods are not proved to the satisfaction of the said officer to have been installed or otherwise used within the user industry, within the period of validity of the Letter of Permission (LoP);

India – Demark amends DTAA to share information held by banks or financial institutions

May 22, 2015 367 Views 0 comment Print

Notification No. 45/2015 – Income Tax Dated- 22nd May, 2015 Central Government hereby directs that all the provisions of the said Protocol between the Government of the Republic of India and the Government of the Kingdom of Denmark as set out in the Annexure hereto, shall be given effect to in the Union of India with effect from the first day of February, 2015.

Notification No. 29/2015-Central Excise Dated- 22nd May, 2015

May 22, 2015 1304 Views 0 comment Print

Notification No. 29/2015-Central Excise- New Delhi, the 22nd May, 2015 Central Government on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 6/2005-Central Excise, dated the 1st March, 2005, published in the Gazette of India, Extraordinary, vide number G.S.R. 126(E), dated the 1st March, 2005, namely :-

Lending against security of single product – Gold Jewellery

May 21, 2015 867 Views 0 comment Print

The Bank has prescribed that the valuation of gold jewellery for arriving at the Loan-To-Value (LTV) shall be done at the average of the closing price of 22 carat gold for the preceding 30 days as quoted by the Bombay Bullion Association Ltd. (BBA). On a review, it has been decided that NBFCs may also use the historical spot gold price data publicly disseminated by a commodity exchange regulated by the Forward Markets Commission.

DGFT Notification No. 07/2015-2020, Dated: May 20, 2015

May 20, 2015 2971 Views 0 comment Print

Import of High Speed Diesel (HSD) and Light diesel oil (LDO), brought on board in the old ships / vessels for purpose of breaking, and which are incidental to such ships / vessels, is free.

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