Formation of new district Panchsheel Nagar in the State of Uttar Pradesh Assignment of Lead Bank responsibility
RBI/2011-12/407 RPCD.CO.LBS. BC.No. 8377 /02.08.01/2011-12 The Chairmen/CMD All Lead Banks Dear Sir/Madam, Formation of new district Panchsheel Nagar in the State of Uttar Pradesh Assignment of Lead Bank responsibility The Government of Uttar Pradesh vide their Gazette Notifications No. 2877/1-5-2011-153/2-11-R-5 & 2878/1-5-2011-153/2011-R-5 dated September 28, 2011 has advised about the constitution of a new district… Read More
Amendment in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items relating to export of Basmati Rice
(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section ii) Government of India; Ministry of Commerce & Industry; Department of Commerce Notification No. 97 (RE-2010) /2009-2014 Dated 21st February, 2012 Subject: Amendment in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items relating to export of… Read More
Introduction of Goods and Services Tax will bring a paradigm shift in the arena of indirect taxation- Fin Min
The Union Finance Minister Shri Pranab Mukherjee said that with the introduction of Goods and Services Tax (GST), we are now perhaps at the door-step of the most significant reform in the history of indirect taxes in the country. He said that GST is expected to be a more efficient system of taxation and is… Read More
Permission for the import of Aviation Turbine Fuel granted to Indian Carriers
Import of Aviation Turbine Fuel (ATF) bearing ITC (HS) Code 2710 19 20 is under STE regime. Therefore, only certain State Trading Enterprises (STEs) of Government of India are permitted to import ATF as of now. Representations have been received to permit airlines to import ATF directly. The matter has been under consideration. Group of… Read More
ICSI- Admission open for Executive Programme till 29th Feb, 2012
The Institute of Company Secretaries of India in a press release has notified that Admission to Company Secretaries (CS) Executive Programme is on. Graduates seeking admission till 29th February, 2012 will be eligible for Examination in December, 2012. B.A / B.Sc / B.Com Graduates of any discipline (excluding Fine Arts) can pursue the CS EXECUTIVE… Read More
Govt. moves to Supreme Court for the review of the verdict on Vodafone tax case
Dated: 17 Feb, 2012 The court had on January 20 allowed Vodafone's appeal and had quashed the Bombay High Court verdict which had upheld the decision to levy tax on the overseas deal. The apex court held that Vodafone's transaction with Hong Kong-based Hutchison Group was a "bonafide" FDI which fell outside the tax jurisdiction… Read More
ICSI- India Corporate and Investor Meet to be held on 22nd Feb, 2012
The Institute is associated with the ˜India Corporate and Investor Meet™ being organised by Ministry of Corporate Affairs, Government of India. ˜Corporate Growth, Governance and Inclusion™ is the theme of India Corporate and Investor Meet which is scheduled to be held on 22nd February, 2012 at Mumbai. The key objective of the Meet is to… Read More
Revised recommendations for combating money laundering & financing of terrorism approved at the meeting of FATF
The Plenary Meeting of Financial Action Task Force (FATF) being held in Paris approved the revised recommendations for combating money laundering and financing of terrorism. The plenary also discussed the fourth follow-up report on India™s progress with reference to the Action Plan that it had committed to in June 2010. The plenary appreciated the actions… Read More
Clarification regarding admissibility of exemption under area-based Notifications No. 49/2003-CE and 50/2003-CE, both dated 10.06.2003 in specific situations
Circular No. 960/03/2012-CX F. No. 110/03 /2011-CX-3 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi, the 17th February, 2012 To All Chief Commissioners of Central Excise & Customs, All Chief Commissioners of Central Excise, All Directors Generals Sir/Madam, Sub : Clarification regarding admissibility of exemption under area-based Notifications No.… Read More
Adoption of uniform Customs Procedure for calculating the contents of Iron Ore
CIRCULAR NO. 04/2012-Cus F. No. 450/93/2011-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Customs-IV Section ********** New Delhi, 17th February, 2012 To All Chief Commissioners of Customs, All Chief Commissioners of Central Excise, All Director Generals/Chief Departmental Representatives (CESTAT), All Commissioners of Customs, All Commissioners of Central Excise and… Read More
Seeks to impose safeguard duty at the rate of 10% ad valorem, on Phthalic anhydride
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.1/ 2012-Customs (SG) New Delhi, the 17th January, 2012 G.S.R. (E). - Whereas, in the matter of import of Phthalic anhydride, falling under tariff item 29173500 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Act), the Director… Read More
Customs- Amendment in the Notification No. 36/2001 dated 3rd August, 2001
[TO BE PUBLISHED IN PART-II, SECTION-3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY] Government of India; Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 11/2012 - Customs (N. T.) ; Dated, 15th February, 2012 S.O. (E). In exercise of the powers conferred by sub-section (2) of section 14 of… Read More
DGFT- Corrections in Public Notice No.80/(RE2010)/2009-14 dated 13.10.2011 & Public Notice No.83/(RE2010)/2009-14 dated 31.10.2011
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. 99/(RE2010)/2009-14; DATED: 16 February, 2012 Subject: Corrections in Public Notice No.80/(RE2010)/2009-14 dated 13.10.2011 and Public Notice No.83/(RE2010)/2009-14 dated 31.10.2011. In exercise of powers conferred under paragraph 2.4… Read More
Subscribe to the Daily Journal
Corporate Law Referencer
India’s Leading Compliance Software
