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Notifications

Minimum Export Price of Onions

March 8, 2011 187 Views 0 comment Print

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government makes the following amendment in Notification No 29(RE – 2010)/2009-2014 dated 01.03.2011 read with Notification No 24(RE – 2010)/2009-2014 dated 18.02.2011. This will be with immediate effect.

Leagal Metrology ( Packaged Commodity) Act, 2011 (Updated)

March 7, 2011 8813 Views 0 comment Print

(1)These rules may be called The Legal Metrology (Packaged Commodities) Rules, 2011. (2) They shall come into force on the 1st day of April, 2011.

Notification No. 13/2011 – Income Tax Dated 7/3/2011

March 7, 2011 625 Views 0 comment Print

Notification No. 13/2011 – Income Tax [F.NO. 203/57/2009/ITA-II], DATED 7-3-2011. It is hereby notified for general information that the organization Karnataka State Sericulture Research and Development Institute, Bangalore has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), with effect from 1-4-2003 onwards in the category of ‘Institution’, partly engaged in research activities subject to the following conditions, namely:-

91 Days Treasury Bills makes way for Interest rate Futures

March 7, 2011 979 Views 0 comment Print

It has been decided to introduce Interest Rate Futures on 91-Day Treasury Bills issued by Government of India. In this regard, Reserve Bank of India has issued an amendment direction IDMD.PCD.27/ED(HRK)-2010 dated March 7, 2011 under section 45W of the Reserve Bank of India Act, 1934, which has been placed on the Reserve Bank of India website (www.rbi.org.in).

Draft CCI (Procedure in regard to transaction of business relating to combination) Regulations

March 6, 2011 1259 Views 0 comment Print

These regulations may be called the Competition Commission of India (Procedure in regard to the transaction of business relating to combination) Regulations, 201_. (2) They shall come into force on the date of their publication in the Official Gazette.

Regarding imports of Glass Fibre and articles- Notification No. 30/2011-Customs

March 4, 2011 1129 Views 0 comment Print

Notification No. 30/2011-Customs,- Whereas in the matter of imports of Glass Fibre and articles thereof (hereinafter referred to as the subject goods), falling under heading 7019 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred as the said Customs Tariff Act), originating in, or exported from, People’s Republic of China (hereinafter referred to as the subject country or China PR) and imported into India, the designated authority in its preliminary findings vide notification No.14/28/2009-DGAD, dated the 2nd June, 2010, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 2nd June, 2010, had come to the conclusion that

Regarding anti-dumping duty on imports of Polytetrafluoroethylene (PTFE) falling under heading 3904 61 00

March 4, 2011 355 Views 0 comment Print

Whereas, the designated authority vide notification No. 15/8/2010-DGAD, dated the 26th July,2010, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 26th July,2010, had initiated review in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Tariff Act) and in pursuance of rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995

Regarding anti-dumping duty on imports of Certain Rubber Chemicals (MBTS) falling under tariff item 2925 20 or 2934 20 or 3812

March 4, 2011 388 Views 0 comment Print

Notification No. 28/2011-Customs, New Delhi, the 4th March, 2011 . Whereas, the designated authority vide notification No. 15/9/2010-DGAD, dated the 26th July,2010, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 26th July,2010, had initiated review in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Tariff Act) and in pursuance of rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of anti-dumping duty on imports of Certain Rubber Chemicals (MBTS) falling under tariff item 2925 20 or 2934 20 or 3812 of the First Schedule to the said Customs Tariff Act, originating in, or exported from People’s Republic of China, imposed vide notification of the Government of India,

Govt. exempts Exempts enterprise, whose control, shares, voting rights or assets are being acquired has assets of the value of not more than Rs.250 crores or turnover of not more than Rs. 750 crores from the provisions of Section 5 of the Competition Act, 2002 for a period of five years

March 4, 2011 439 Views 0 comment Print

4th March, 2011. S.O. 482(E) – In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby exempts an enterprise, whose control, shares, voting rights or assets are being acquired has assets of the value of not more than Rs. 250/- crores or turnover of not more than Rs. 750/- crores from the provisions of section 5 of the said Act for a period of five years.

ITAT Appeal- File Revised Form 36 if there is a Change in Address

March 4, 2011 3644 Views 0 comment Print

ITAT Practice Note on Change of Address of assessee-In Jagjivandas Nandlal vs. ITAT 236 CTR 274, the Bombay High Court requested the President of the Tribunal to consider make it compulsory for assessees to amend Form 36 for change of address instead of merely intimating vide letter. The Tribunal has now issued the following practice note:

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