Taxation - Corporate Law Reporter

Govt imposes anti dumping duty on import of Styrene Butadiene Rubber from EU, Korea or Thailand

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 30th August, 2017 No. 43/2017-Customs (ADD) G.S.R. 1123(E).—Whereas in the matter of “Styrene Butadiene Rubber (SBR) of 1500 series and 1700 series,” (hereinafter referred to as ‘the subject goods’) falling under sub-heading 4002 19 of the First Schedule to the Customs Tariff Act, 1975 (51… Read More

CBEC amends circular on “anti-dumping duty on imports of “Metronidazole” exported from China

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 29th August, 2017 No. 41/2017-Customs (ADD) G.S.R. 1119(E).—Whereas, the Designated Authority vide initiation notification No. 7/6/2017- DGAD dated the 29th August, 2017, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 29th August, 2017, has initiated review in terms of sub-section… Read More

CBEC reduces IGST rate on specified parts of tractors from 28% to 18 %

[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.19/2017- Integrated Tax (Rate) New Delhi, the 18th August, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5 of the Integrated Goods and… Read More

CBDT amends Income Tax Rules w.r.t. section 115 JB of the Income tax Act, 1961

MINISTRY OF FINANCE (Department of Revenue) [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 18th August, 2017 INCOME-TAX G.S.R. 1028(E).—In exercise of the powers conferred by sub-section (4) of section 115JB read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules… Read More

CBEC releases Draft on Customs Brokers Licensing and Revocation Regulation

[To be published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii)] Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) ****** Notification No. ___/2017-Customs (N.T.) New Delhi, the ___August, 2017 In exercise of the powers conferred by sub-section (2) of section 146 of the Customs Act,… Read More

Govt. amends notification no. -83/2012- Customs (N.T.) dated 17.09.2012

[To be published in the gazette of India, extraordinary, Part II, section 3 , Sub-section (ii)] Government of India Ministry of Finance (Department of Revenue) Notification No.80/2017- Customs (N.T.) New Delhi, dated 17th August, 2017 S.O.(E).- In exercise of the powers conferred by the first proviso to sub-section (2) of section 47 of the… Read More

CBEC imposes Anti dumping duty on import of Textured Toughened (Tempered) Glass from china

[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. 38/2017-Customs (ADD) New Delhi, the 18th August, 2017 G.S.R. (E).- Whereas in the matter of Textured Toughened (Tempered) Glass with a minimum of 90.5% transmission having thickness not exceeding… Read More

CBEC amends NOT. No. 60/2011-Cus to renew MoU on India-Bangladesh border haats

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 73/2017-Customs New Delhi, the 18th August, 2017 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),… Read More

DVAT filing of online return for Q1 of 2017-18 extended till 1st Sept 2017

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110 002 No.F.7(420)/VAT/Policy/2011/PF-671-76 Date: 17/08/2017 CIRCULAR NO. 13 of 2017- 18 Sub: Filing of online return for First quarter of 2017-18 – extension of period thereof. In partial modification to this department’s Circular No. 11 of 2017-18 on… Read More

CBEC notifies Exchange Rate of Foreign Currency Relating To Import and Export Goods effective from 18 August 2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 81/2017 - Customs (N.T.) New Delhi, dated the 17th August, 2017 26 Shravana 1939 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification… Read More

Govt. amends notification relating to AIRs of Duty Drawback on Gold Jewellery, Silver Jewellery and Silver Articles

[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. 79/ 2017 - CUSTOMS (N.T.) New Delhi, 17th August, 2017 G.S.R. (E). – In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act,… Read More

Guidelines for provisional release of seized imported goods pending adjudication under Section 110A of the Customs Act, 1962 :CBEC

Circular No. 35/2017 – Customs F.No. 394/13/2016-Cus (AS) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Anti-Smuggling Unit) *** New Delhi, dated 16th August 2017 To, All Principal Chief Commissioners/Chief Commissioners of Customs / Customs (Preventive), All Principal Chief Commissioners/Chief Commissioners of Customs & Central Excise/GST, All Principal… Read More

Clarification on submitting bank certificate evidencing receipt of payment in freely convertible currency :CBEC

Circular No. 1058/07/2017-CX F. No.201/08/2010-CX 6 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, the 16th August, 2017 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners of Central Tax & Central Excise (All) Web-master, CBEC Madam/Sir, Sub: Clarification on requirement of submitting Bank certificate… Read More