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Amendment in Para 2.17 A of Foreign Trade Policy, 2009-2014

July 24, 2013 1099 Views 0 comment Print

In exercise of powers conferred under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby notifies the following amendment in the Foreign Trade Policy, 2009-2014.

Banks not to accept fresh/additional PDV / EMI Cheques if ECS Services are available

July 24, 2013 1270 Views 0 comment Print

We invite a reference to our circular DPSS.CO.CHD.No.1622/04.07.05/2012-13 dated March 18, 2013 wherein all lending banks have been advised not to accept any fresh Post Dated Cheques (PDC)/Equated Monthly Installment (EMI) cheques in locations where the facility of ECS/RECS (Debit) is available and convert existing cheques in such locations into ECS/RECS (Debit) by obtaining fresh mandates.

CG notifies Uttarakhand State AIDS Control Society for sec. 10(46) exemption

July 23, 2013 844 Views 0 comment Print

Notification No. 55/2013 – Income Tax S.O. 2268(E) – In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Uttarakhand State AIDS Control Society a body established by the Government of Uttarakhand in respect of the following specified income arising to the said Society, namely: –

RBI prescribes Periodicity of KYC document updation

July 23, 2013 2039 Views 0 comment Print

The issue has been reviewed in the light of practical difficulties/constraints expressed by bankers/customers in obtaining/submitting fresh KYC documents at frequent intervals as the relative documents submitted earlier specially by low-risk customers have remained unchanged in most of the accounts. Accordingly, based on the suggestions received, it has been decided to amend the instructions as under:

Every credit institution has to become a member of at least one Credit Information Company – RBI

July 23, 2013 546 Views 0 comment Print

Please refer to our circular RPCD.CO.RRB.No.32/03.05.33/2009-10 dated October 20, 2009 advising RRBs, that in terms of Section 15(1) of Credit Information Companies (Regulation) Act 2005, every credit institution has to become a member of at least one Credit Information Company within a period of three months from commencement of the Act or any extended time allowed by the Reserve Bank on application.

Custom includes Hilsa Fish (HS 03038910) imported from Myanmar under India-ASEAN Free Trade Agreement

July 22, 2013 1362 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, on being satisfied that it is necessary in the public interest so to do

Notification No. 36/2013-Customs, Dated: July 22, 2013

July 22, 2013 1832 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 makes the following further amendments in the

Notification – I for Departmental Examinations – 2013 for (i) Income Tax Officers, (ii) Income Tax Inspectors and (iii) Ministerial Staff-regarding

July 18, 2013 892 Views 0 comment Print

Madam/Sir, I am directed to refer to refer to CBDT decision in the file of even number dated 18.07.2013 the above subject and to say that in partial modification of the earlier schedule of examinations for the above categories stand revised as per the Annex ‘A’ to this notification. Consequently Annexure 4 to the earlier notification F. No. DE-2013/Notification/DIT(IT)/1127 to 1145 dated 21.06.2013 gets replaced by Annex ‘A’ to this notification.

Notification No. 35/2013 – Customs Dated 18th July, 2013

July 18, 2013 3216 Views 0 comment Print

G.S.R. 491 (E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.46/2011-Customs

Delhi VAT – Dealer shall not dispose of/sell/dispatch goods till GR number in Form T-2 is updated online

July 17, 2013 774 Views 0 comment Print

In partial modification of Notification No.F.7(433)/Policy-II/VAT/20 12/180-190 dated 17/05/2013 regarding submission of information in Form T-2, I, Prashant Goyal, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, in exercise of the powers conferred on me by sub-section (1) read

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