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eMinds Legal Consulting Pvt. Ltd. is a Consulting Firm in India specialzing in Corporate Laws, Compliances, Secretarial, FEMA, Indirect Taxation, Cyber Laws & Contracts. The Firm comprises of a team of professionals of Company Secretaries, Lawyers and Chartered Accountants with an in-depth subject matter knowledge and participative industry experience of over 15 years.
CBEC-Seeks to levy definitive anti-dumping duty on Pentaerythritol originating in or exported from European Union ( excluding Sweden) for a period of five years
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 33 /2012-Customs (ADD) New Delhi, dated the 20th June, 2012 G.S.R. (E). Whereas, in the matter of import of Pentaerythritol (hereinafter referred to as the subject goods), falling under sub-heading 2905 42 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred… Read More
CBEC-Amendment to CENVAT Credit Rules
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.28/2012-Central Excise (N.T) New Delhi, the 20th June, 2012 G.S.R. (E).-In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government, hereby makes the following rules further to… Read More
CBEC-Rate of exchange of conversion of each of the foreign currency with effect from 22nd June, 2012
OVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS Notification No.52/2012 - Customs (N.T.) DATED THE 21st June, 2012 31 Jyaistha, 1934(SAKA) S.O. (E). In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of… Read More
Secondary market transactions in Government Securities – Short Selling
RBI/2011-12/615 IDMD.PCD.21/14.03.07/2011-12 June 21, 2012 All market participants Dear Sir/Madam Secondary market transactions in Government Securities - Short Selling This has reference to circular IDMD.PCD.14/14.03.07/2011-12 dated December 28, 2011 on the captioned subject. 2. As per extant guidelines, banks are permitted to undertake 'notional' short sale whereby they can sell a security short from HFT portfolio even… Read More
RBI-White Label ATMs (WLAs) in India – Guidelines
RBI/2011-12/612 DPSS.CO.PD. No. 2298/02.10.002/2011-2012 June 20, 2012 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Authorised ATM Network Operators / Card Payment Network Operators Prospective White Label ATM Operators. Dear Sir, White Label ATMs (WLAs) in… Read More
Annual return on Foreign Liabilities and Assets Reporting by Indian Companies Revised format
RBI/2011-12/613 A.P. (DIR Series) Circular No.133 June 20, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Annual return on Foreign Liabilities and Assets Reporting by Indian Companies Revised format Attention of the Authorised Dealer (AD) Category I banks is invited to A. P. (DIR Series) Circular No.45 dated March 15, 2011wherein, it… Read More
CBEC-Regarding procedure, safeguards, conditions and limitations for grant of refund of CENVAT credit under Rule 5 of CENVAT Credit Rules, 2004
GOVERNMENT OF INDIA MINSITRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS Notification No. 27 /2012-CE (N.T.) New Delhi the, 18th June, 2012 G. S. R -(E).- In exercise of the powers conferred by rule 5 of the CENVAT Credit Rules, 2004 (hereinafter referred to as the said… Read More
CBEC-Audit fees collected by the Comptroller and Auditor General (CAG)
Circular No. 159/10/2012-ST F.No.354/89/2012-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Tax Research Unit) ***** Room No. 153, North Block, New Delhi, 19th June, 2012. To Chief Commissioners of Customs and Central Excise (All) Chief Commissioners of Central Excise & Service Tax (All) Directors General of Service Tax/Central… Read More
RBI-Rupee Export Credit Interest Rates
RBI/2011-12/608 DBOD.Dir.(Exp).BC.No.112/04.02.001/2011-12 June 19, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp).BC.No.38/04.02.001/2011-12 dated October 11, 2011 extending the scheme of interest subvention of 2% from April 1, 2011 to March 31, 2012 on pre and post shipment rupee export credit for certain employment… Read More
RBI-Export Credit Refinance Facility (ECR): Relaxation
RBI/2011-12/603 Ref. MPD. No. 355/07.01.279/2011-12 Jyestha 28,1934 (Saka) To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] Dear Sir/Madam, Export Credit Refinance Facility (ECR): Relaxation At present, the Export Credit Refinance (ECR) limit is fixed at 15 per cent of the outstanding rupee export credit eligible for refinance as at the end of the second… Read More
RBI-Home Loans-Levy of Fore-closure Charges / Pre-payment Penalty
RBI/2011-12/604 RPCD CO. RRB. BC.No.85/03.05.033/2011-12 All Regional Rural Banks Dear Sir Home Loans-Levy of Fore-closure Charges / Pre-payment Penalty Attention is invited to paragraphs 81 to 83 of the Monetary Policy Statement 2012-13 announced on April 17, 2012 with regard to home loans on floating interest rates. The Committee on Customer Service in Banks (Chairman: M. Damodaran)… Read More
SEBI-Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement
CIRCULAR CIR/MRD/DP/ 15 /2012 June 14, 2012 To, All Stock Exchanges Dear Sir / Madam, Sub: Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement 1. It is observed from the information provided by the depositories that the companies listed in… Read More
CBEC-Procedure followed for import of Indian vessels and filing of Import General Manifest, Bill of Entry
Circular No. 16 /2012-Customs F. No.450/79/2010-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs ***** Room No.229 A, North Block New Delhi, dated 13th June, 2012 To, All Chief Commissioners of Customs / Customs (Prev.). All Chief Commissioners of Customs & Central Excise. All Director Generals / Chief Departmental… Read More
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