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Ministry of Railways has formulated final draft policy on Rail Terminals at Private Ports. The draft document is already available on the website of the Ministry of Railway, (Railway Board) www.indianrailways.gov.in . Ministry of Railways has invited suggestions/comments on this proposed policy from zonal railways and prospective investors latest by 10th February 2013. Comments/suggestions may… Read More
The Reserve Bank of India released on its website, ˜Review of Prudential Guidelines on Restructuring of Advances by Banks and Financial Institutions™ Draft Guidelines for comments and feedback. Comments / feedback on the draft guidelines may be sent by February 28, 2013 to the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank… Read More
RBI/2012-13/411 UBD.BPD.(PCB) Cir No.36/13.05.001/2012-13 February 6, 2013 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Bank Finance for Purchase of Gold Please refer to our circular UBD.PCB.Cir.No 24/13.05.001/08-09 dated November 10, 2008 on ˜Advances against Pledge of Gold / silver ornaments™ advising UCBs to observe certain safeguards while granting loan against pledge… Read More
GOVERNMENT OF NCT OF DELHI TRADE & TAXES DEAPRTMENT(POLICY BRANCH) VYAPAR BHAWAN, NEW DELHI-110002 No.F.7(433)Policy-II/VAT/2012-13/1182-89 Date: 31.01.2013 CIRCULAR No. 29 OF 2012-13 Sub: Framing of Default Assessment Orders Attention of all the Assessing Authorities (AAs) is drawn to the Circular No.23 of 2012-13 dated 03.12.2012 on the subject note above. The last date for default… Read More
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-1 SECTION-1 GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE Public Notice No. 46 (RE2012)/2009-14 DATED: 31ST January, 2013 Subject: Corrections/Amendments in Handbook of Procedures Volume I. In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-2014, the… Read More
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi. Policy Circular No. 13 (RE-2012)/2009-14 Dated: 31st January, 2013 To All Customs Authorities All Regional Authorities, Trade Associations. Subject:- Declaration of Intent for claiming Chapter 3 benefits of Foreign Trade Policy regarding. Declaration of… Read More
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi- 110011 Policy Circular No. 14 (RE-2012/2009-14 Dated: 4th February, 2013 To All Regional Authorities All Customs Authorities All Members of Trade Subject: Clarification on availability of Deemed Export Benefits for supply of goods to Mega… Read More
2012-ITS-2918-ITAT-Toyota Kirloskar Motors (P.) Ltd. -Vs- Assistant Commissioner of Income-tax, Circle 12(3), Bangalore* , On. NOVEMBER 22, 2012 IN THE ITAT BANGALORE BENCH 'B' Toyota Kirloskar Motors (P.) Ltd. v. Assistant Commissioner of Income-tax, Circle 12(3), Bangalore* GEORGE GEORGE K, JUDICIAL MEMBER AND JASON P. BOAZ, ACCOUNTANT MEMBER IT APPEAL NO. 828 (BANG.) OF 2010… Read More
2013-ITS-45-ITAT-SKOL Breweries Ltd. -Vs- Assistant Commissioner of Income-tax, Range 8(3), Mumbai , On. JANUARY 18, 2013 IN THE ITAT MUMBAI BENCH 'K' SKOL Breweries Ltd. V. Assistant Commissioner of Income-tax, Range 8(3), Mumbai P.M. JAGTAP, ACCOUNTANT MEMBER AND VIJAY PAL RAO, JUDICIAL MEMBER IT APPEAL NO. 6175 (MUM.) OF 2011 [ASSESSMENT YEAR 2007-08] JANUARY 18,… Read More
2013-ITS-47-ITAT-L.G. Electronics India (P.) Ltd. -Vs- Assistant Commissioner of Income-tax, Circle 3 , On. JANUARY 23, 2013 IN THE ITAT NEW DELHI BENCH (SPECIAL BENCH) L.G. Electronics India (P.) Ltd. v. Assistant Commissioner of Income-tax, Circle - 3 G.D. AGARWAL, VICE PRESIDENT, R.S. SYAL, ACCOUNTANT MEMBER AND HARI OM MARATHA, JUDICIAL MEMBER IT APPEAL NOS.… Read More
2013-ITS-39-CESTAT-M/s. Nabisco Confectionery & Food (I) Pvt. Ltd. -Vs- Commr. of C. Excise- Kolkata-VII , DECISION : 04.01.2013 CUSTOMS, EXCISE AND SERVICE TAX APPELLATE TRIBUNAL EAST REGIONAL BENCH : KOLKATA Excise Appeal No.-197/2011 (Arising out of the Order in Appeal No.03/Kol-VII/2011 dated-25.1.2011 passed by the Commissioner of Central Excise (Appeals-I), Kolkata) For Approval and signature… Read More
2013-ITS-28-CESTAT-M/s Jainsons ] M/s New Jain Sales Corporation ] -Vs- CCE, Delhi I , DATE OF HEARING : 04/01/2013. IN THE CUSTOMS, EXCISE & SERVICE TAX APPELLATE TRIBUNAL West Block No. 2, R.K. Puram, New Delhi 110 066. Principal Bench, New Delhi COURT NO. IV Excise Appeal No. 1747-1748 of 2012 (SM) [Arising out of… Read More
Finance Minister Calls on Officers of Customs and Central Excise to take Advantage of Technological Advances to Ensure Non-Intrusive Tax Administration and Promoting a Non-Adversarial Tax Environment The Finance Minister Shri P.Chidambaram exhorted the officers of Customs and Central Excise to make every effort to achieve the budgetary target for the collection of indirect taxes… Read More
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