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Enhancement of wage ceiling from Rs. 6,500 to 15,000 — urgent need of preparatory activities

July 14, 2014 9655 Views 0 comment Print

The Honible Union Minister of Finance in the Budget speech for 2014-15 has announced enhancement in statutory wage ceiling for enrollment under the EPF & MP Act 1952 to Rs. 15,000/- per month from the current maximum of Rs. 6,500/- per month. The notification for same is likely to be issued shortly.

Notification No. 11/2014-Customs Dated: 11.07.2014

July 11, 2014 1114 Views 0 comment Print

soft switches and Voice over Internet Protocol (VoIP) equipment, namely, VoIP phones, media gateways, gateway controllers and session border controllers;

CBEC notifies concerned State Governments as sponsoring authority for Metro Rail Projects covered under Project Import Regulations, 1986

July 11, 2014 1913 Views 0 comment Print

n exercise of the powers conferred by section 157 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations further to amend the Project Imports Regulations, 1986, namely:-

Customs – CBEC provides flexibility in securing registration from DSIR to avail duty benefit for setting up of R&D units

July 11, 2014 2288 Views 0 comment Print

The principal notification No.51/96-Customs, dated the 23rd July, 1996 was published in the Gazette of India, Extraordinary by number G.S.R. 303(E), dated the 23rd July, 1996 and last amended

Seeks to exempt from customs duty goods required for the National AIDS Control Programme funded by GFATM

July 11, 2014 1040 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods

Notification No. 22/2014-Customs, Dated: 11.07.2014

July 11, 2014 2822 Views 0 comment Print

transfer the goods to a new project subject to the condition that the importer produces before the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, having jurisdiction over the port of

Notification No.21/2014-Customs Dated: 11.07.2014

July 11, 2014 1862 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962(52 of 1962), the Central Government, being satisfied that it is necessary

Seeks to amend notification No. 39/96-Customs, dated the 23rd July, 1996 so as to omit the words ‘Portable X-ray machine/system’ and to provide exemption for goods imported by NTRO

July 11, 2014 1526 Views 0 comment Print

(a) the said goods are imported by the Indian Offset Partner (here in after referred to as IOP) of the contractor to the National Technical Research Organisation, (here in after referred to as NTRO); (b) before clearance of the said goods, the importer furnishes a duty exemption

Reg. Levy of secondary and higher education cess on CVD portion of customs duty leviable on imported IT products

July 11, 2014 1385 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with sections 136 and 139 of the Finance Act, 2007 (22 of 2007), the Central Government, being satisfied that it is

Reg. levy of education cess on CVD portion of customs duty leviable on imported IT products

July 11, 2014 3057 Views 0 comment Print

“Provided that the exemption shall not apply to the following goods covered under column (2) of the TABLE in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 69/2004-Customs,

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