Tariff Policy on Cargo Handling

The share of Major Ports in the traffic handled is about 58% whereas for the non major ports it is about 42%. There is no tariff regulation for non major and private ports in the country and they are free to fix their own tariff. However, for the Major Port Trusts the tariff is fixed… Read More

India™s Foreign Trade: July, 2013

EXPORTS (including re-exports) Exports during July, 2013 were valued at US $ 25834.46 million (Rs. 154426.51 crore) which was 11.64 per cent higher in Dollar terms (20.25 per cent higher in Rupee terms) than the level of US $ 23140.43 million (Rs. 128417.33 crore) during July, 2012. Cumulative value of exports for the period April-July 2013 -14… Read More

Corporate India overwhelmed – Upper House clears the bill

Corporate law in India has finally taken a sigh of relief as the much awaited Company bill has been passed (press release available here) in the Rajya Sabha on Thursday, the 8th of August, 2013. The new company bill will come into effect immediately after the assent from the President. The press release by the… Read More

ICSI is organizing 14th All India Students™ Conference

14th ALL INDIA STUDENTS CONFERENCE - 2013 NIRC of ICSI is organizing 14th All India Students™ Conference on the following theme: Company Secretary-  Imparting wisdom, empowering lives ( PDP Hours : 08 ) On Saturday, 7th September 2013 From 9.00 AM onwards At Manekshaw Centre Khyber Lines, Delhi Cantonment New Delhi Delegate Fee : Rs… Read More

M&A – At the Onset of Companies Bill

Mergers and Acquisitions have been governed by a large number of individual laws in India. However, the Companies Act, 1956 is the prime regulator of companies when it comes to its legal framework and is guiding the reconstruction of Indian companies over 50 years from now. Since then there has been a substantive growth in… Read More

ICSI Press Release on passing of Companies Bill 2012

CS S. N. Ananthasubramanian, President, Council of the ICSI welcomes the brand new, modern, growth oriented and futuristic Company Law passed by Rajya Sabha today (08.08.2013). On getting the assent of the Honorable President of India and notification in the gazette, it will replace the existing statute for governance of companies in the country, i.e., the Companies Act, 1956.… Read More

Announcements from ICSI

Announcement The Council of the Institute has approved the following decisions pertaining to training of the students of the Company Secretaryship Course.: A) 15 months training with Law Firms, Consultancy Firms, Financial Institutions: The Council of the Institute has allowed imparting 15 months training by Law Firms, Consultancy Firms and Financial Institutions. Earlier they were allowed… Read More

Filing of online DVAT-48 returns for the First Quarter of 2013-14 – dates extended

GOVERNMENT OF NATIONA CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.7(420)/VAT/Policy/2011/509-515    Dated: 06-08-2013 CIRCULAR No. 10 of 2013-14 Sub: Filing of online DVAT-48 returns for the First Quarter of 2013-14. In partial modification to this department's Circular NO.8 of 2013-14 on the subject cited above,… Read More

Filing of online returns for the First Quarter of 2013-14 – dates extended

GOVERNMENT OF NATIONA CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.7(420)/VAT/Policy/2011/598-604     Dated: 06-08-2013 CIRCULAR No. 11 of 2013-14 Sub: Filing of online returns for the First Quarter of 2013-14. In partial modification to this department's Circular NO.7 of 2013-14 on the subject cited above,… Read More

DVAT Clarification on DP-1

GOVERNMENT OF NCT OF DELHI  DEPARTMENT OF TRADE & TAXES  POLICY BRANCH  VYAPAR BHAWAN, NEW DELHI-110002 No.F.3(352)/Policy/VAT/2013/584-590          Date: 06.08.2013 CIRCULAR No. 09 OF 2013-14 Subject: Clarification on DP-1. The dealers who have submitted Form DP-1 without purchase commodities in the pre-revised Form DP-1 have the option to edit the Form DP-1 and… Read More

Tax Deposit and Return Filing by newly registered dealers

GOVERNMENT OF NCT OF DELHI  DEPARTMENT OF TRADE & TAXES  POLICY BRANCH  VYAPAR BHAWAN, NEW DELHI-110002 No.F.3(369)/Policy/VAT/2013/605-611          Date: 07.08.2013 CIRCULAR No. 12 OF 2013-14 Subject: Tax Deposit and Return Filing by newly registered dealers It has come to the notice of the department that Tax Identification Number (TIN) issued to the newly registered… Read More

Notification of New SION Number A-3644

(To be published in the Gazette of India Extraordinary) (Part I-Section 1) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 21 (RE: 2013)/2009-2014 New Delhi: dated 8th August , 2013 In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of Handbook of… Read More

CBEC Notification on Provisional release of export – goods detained for investigation

Circular No. 30/2013 - Customs F. No. 401/179/2009-Cus.III Government of India Ministry of Finance Department of Revenue Central Board of Excise & Custom North Block, New Delhi, Dated the 5th August, 2013. To, All Chief Commissioner of Customs/Customs (Prev), All Chief Commissioner of Customs & Central Excise. All Directors General of CBEC. All Commissioners of Customs… Read More

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