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CBEC-Amends notification No. 117/2010-Customs dated the 18th November, 2010 so as to continue, up to and inclusive of 07th October, 2012, the anti-dumping duty on imports of ˜new/unused pneumatic non radial bias tyres, tubes & flaps with or without tubes and/or flap of rubber, having nominal rim dia code above 16used in buses and lorries/trucks, originating in, or exported from, China PR and Thailand
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 17/2012-Customs (AD) G.S.R. (E). -Whereas, the designated authority vide notification No. 15/1/2009-DGAD dated the 3rd August, 2011 , published in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 3rd August, 2011, had initiated Sunset Review, in terms of sub-section (5) of section 9A… Read More
SEBI-Exemptions from 100% promoter(s) holding in demat form
CIRCULAR SEBI/Cir/ISD/ 1 /2012 March 30, 2012 To, All the Recognized Stock Exchanges, Dear Sir/Madam, Sub: Exemptions from 100% promoter(s) holding in demat form 1. This is further to SEBI circulars SEBI/Cir/ISD/3/2011 dated June 17, 2011 and SEBI/Cir/ISD/05/2011 dated September 30, 2011 regarding 100% promoter(s) holding in demat form. 2. While reviewing compliance, it is noticed that promoters… Read More
SEBI-Broad Guidelines on Algorithmic Trading
CIRCULAR CIR/MRD/DP/ 09 /2012 March 30, 2012 To All Stock Exchanges Sir / Ma™am, Sub: Broad Guidelines on Algorithmic Trading 1. It has been observed that adoption of technology for the purpose of trading in financial instruments has been on a rise over the past few years. Stock brokers as well as their clients are now making… Read More
Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India
RBI/2011-12/102 A. P. (DIR Series) Circular No.102 To All Authorised Persons in Foreign Exchange Madam/ Sir, Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India Attention of all Authorised Persons, who are authorised to issue foreign currency pre-paid cards to resident Indians visiting outside India, is… Read More
Overseas Direct Investments Liberalisation / Rationalisation
RBI/2011-12/481 A. P. (DIR Series) Circular No.101 To All Category-I Authorised Dealer Banks Madam / Sir, Overseas Direct Investments Liberalisation / Rationalisation Attention of the Authorised Dealer (AD - Category I) banks are invited to the Notification No. FEMA 10/2000-RB dated May 3, 2000 [Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations,… Read More
CBEC- Clarification on Point of Taxation Rules
Circular No.154/5/ 2012 ST FNo 334/1/2012- TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit Room No 146, North Block, New Delhi Dated: 28th March 2012 To Chief Commissioner of Customs and Central Excise (All) Chief Commissioner of Central Excise & Service Tax (All) Director General of… Read More
Discounting of Bills by UCBs Restricted Letters of Credit (LC)
RBI/2011-12/476 UBD.BPD.(PCB). Cir.No. 29/13.05.000/ 2011-12 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam / Dear Sir, Discounting of Bills by UCBs Restricted Letters of Credit (LC) Please refer to our Circular UBD.No.BPD.PCB.Cir.37/13.05.00/2003-2004 dated March 16, 2004 wherein UCBs were advised, inter alia, that they should purchase / discount / negotiate bills under… Read More
Discontinuation of Supplying Printed GR forms by Reserve Bank
RBI/2011-12/477 A. P. (DIR Series) Circular No. 98 To, All Category I Authorised Dealer Banks Madam / Sir, Discontinuation of Supplying Printed GR forms by Reserve Bank Attention of Authorised Dealer Category I banks is invited to A.P. (DIR Series) Circular No. 60 dated March 26, 2009, in terms of which GR forms were made available… Read More
Interest Rates on Export Credit in Foreign Currency
RBI/2011-12/480 DBOD.DIR.No.91/04.02.001/2011-12 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.No.52/04.02.001/2011-12 dated November 15, 2011 relating to export credit in foreign currency. 2. It has been decided that the prescriptions regarding ceiling rates on export credit in foreign currency and overseas line of credit… Read More
Clarification Regarding Mega Power Project (MPP) exemption reg.
Circular No. 963/06/2012-CX F.No.101/9/2011-CX.3 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs To All Chief Commissioners of Central Excise & Customs, All Chief Commissioners of Central Excise, All Directors Generals Sir/Madam, Sub: Clarification Regarding Mega Power Project (MPP) exemption reg. Representations have been received seeking clarification regarding the… Read More
Refund of 4% CVD (SAD)-Extension of time upto 30th June 2012, for using re-credited 4% CVD (SAD) amount in DEPB
Circular No.10/2012-Customs F.No.401/16/2012-Cus.III Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs To, All Chief Commissioners of Customs/Customs (Prev.), All Chief Commissioners of Customs & Central Excise, All Commissioners of Customs/Customs (Prev.), All Commissioners of Customs & Central Excise. Subject:- Refund of 4% CVD (SAD)-Extension of time upto… Read More
Seeks to amend Notification No.16/2011-Cus (N. T.), dated, 1st March, 2011
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) ***** Notification No. 27/2012 - Customs (N.T.) New Delhi, 28th March, 2012 G.S.R (E). - In exercise of the powers conferred by section 11 of the Customs Act, 1962 (52 of 1962), the Central Government on being… Read More
Seeks to amend Notification 12/2012 Customs, dated 17-03-2012
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.24/2012-Customs New Delhi, the 28th March, 2012 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
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