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Excise – Post Export EPCG Duty Credit Scrip Scheme notified

February 18, 2013 1480 Views 0 comment Print

Notification No 03/2013-Central Excise, Dated: February 18, 2013 G.S.R. 102 (E). In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and […]

Notification No. 02/2013-Central Excise ; Dated : 18.02.2013

February 18, 2013 475 Views 0 comment Print

Regional Authority” means the Director General of Foreign Trade appointed under section 6 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992) or an officer authorised by him to grant an authorisation, including a duty credit scrip under the said Act.

Standalone health insurance companies can avail services of Agents

February 18, 2013 834 Views 0 comment Print

It has also been decided to allow Standalone health insurance companies to avail the services of Agents, Corporate Agents of other Life and/or Non-Life insurance companies to distribute their products provided such Agents and Corporate Agents undergo 25 hours training as mandated at para (2) above.

IRDA regulations for linked insurance products

February 16, 2013 13233 Views 0 comment Print

The Authority has power to make a detailed review of the guidelines on an ongoing basis for such modifications as may be deemed necessary towards protection of the interests of the policyholders

IRDA Regulations on Issuance of Share Capital by General Insurance Companies

February 16, 2013 2112 Views 0 comment Print

IRDA (ISSUANCE OF CAPITAL BY GENERAL INSURANCE COMPANIES) REGULATIONS, 2013 NOTIFICATION F. NO. IRDA/REG./12/70/2013, DATED 16-2-2013 In exercise of powers conferred under section 14 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), read with sections 6AA and 114A of the Insurance Act, 1938, the Authority, in consultation with the Insurance Advisory […]

IRDA issues Standard proposal form for Life Insurance Regulations

February 16, 2013 690 Views 0 comment Print

The date of implementation of the obligations under Regulations 5, 6, 7, 8, 9 & 10 shall be from the date following six calendar months from the date of publication of these Regulations in the official gazette.

Notification No. 4/2013-Customs, Dated : Feburary 14, 2013

February 14, 2013 456 Views 0 comment Print

The principal notification No. 103/2009-Customs, dated the 11th September, 2009 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 669 (E), dated the 11th September, 2009 and was last amended by notification

Regarding import of catalyst for one subsequent charge under EPCG scheme

February 13, 2013 2455 Views 0 comment Print

That the catalyst for one subsequent charge shall be allowed, under the authorization in which plant, machinery or equipment and catalyst for initial charge have been imported, except in cases where the Regional Authority issues a separate authorization for catalyst for one subsequent charge after the plant, machinery or equipment and catalyst for initial charge have already been imported.

Regarding Export of Stone Aggregate to Maldive

February 8, 2013 628 Views 0 comment Print

Export of Stone Aggregates to the Republic of Maldives permitted vide notification dated 07.06.2011 is stopped till further notice.

FTP – Duty credit scrips issued under Post Export EPCG Scheme will be issued only in respect of basic customs duty

February 8, 2013 703 Views 0 comment Print

It is clarified that duty credit scrips issued under Post Export EPCG Scheme will be issued only in respect of basic customs duty and will have the same features as Chapter 3 scrips.

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