Notification No. 33/2011-Central Excise

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)*** Notification No. 33/2011-Central Excise In exercise of the powers conferred by sub-section (1) of section 5A of theCentral Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments… Read More

Campus Placements at ICSI- SIRC on the 30th June, 2011

Campus Placement for Fresher Members & Students The Institute is organizing a Campus Placement for the fresher members for job and for students for 15 Months Training on Thursday, the 30th June    2011 at ICSI-SIRC House, No 9, Wheat Crofts Road, Nungambakkam, Chennai-600034. The following process will be followed: 1.   Name of the participating companies… Read More

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Notification No. 51/2011 – Customs

Exemption under Notification No. 97/2009 - Customs extended upto 30/09/2011 Note: Consequence of the Notification is that, exemption given under Notification No. 97/2009 (principal Notification) is extended upto 30th day of September, 2011. Meaning of  Let Export Order is also inserted in the Principal Notification. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 51/2011 -… Read More

Customs Notification issued adding Philippines as A Country Covered under India and ASEAN PTA

CLR Note: The Department of Revenue, Ministry of Finance had issued Customs Notification No. 40/2011 Customs (N. T.) dated 24th June, 2011 notifying amendments in the Customs Tariff [Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic… Read More

Notification No.52/2011-Customs

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.52/2011-Customs G. S. R.     (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… Read More

Philippines added to India and ASEAN- Preferential Trade Agreement

The Department of Revenue, Ministry of Finance had issued Customs Notification No. 40/2011 Customs (N. T.) dated 24th June, 2011 notifying amendments in the Customs Tariff [Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic of India]… Read More

Service Tax on Processing for or on behalf of client, in relation to agriculture

Circular No. 143/12/ 2011 ST F.No.332/37/2010-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit North Block, New Delhi 26th May, 2011 To Chief Commissioners of Central Excise and Service Tax (All), Director General (Service Tax), Director General (Central Excise Intelligence), Director General (Audit), Commissioners of… Read More

Independent Accident Investigation Committee set-up for Air Accidents

The Ministry of Civil Aviation has set up an Independent Accident Investigation Committee on 26.5.2011 to ensure independent, fair and transparent investigation of accidents. This Committee will work under oversight of Ministry of Civil Aviation. The Committee will have following functions and responsibilities:- i)                 Draw up a… Read More

Labour Minster assures transparency in the Management of EPFO Corpus

The 194th meeting of the Central Board of Trustees, EPF, which was the eleventh regular meeting of the present Board, was convened last week. The Board deliberated upon a proposal for further extension of the selection process of the new fund managers for a period of two months effective from 01.07.2011. The Board also stipulated… Read More

For Equipment Royalty u/s 9(1)(vi), control of equipment by payer essential

Yahoo India Pvt Ltd vs. DCIT (ITAT Mumbai) The assessee, an Indian company, remitted Rs. 34 lakhs to Yahoo Holdings (Hong Kong) Ltd, a Hong Kong company, forplacing banner advertisements on the web portal of Yahoo Hong Kong. The AO & CIT (A) took the view that the payment was for the use or right… Read More

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