Amends the existing baggage Rules by extending the benefit to passengers coming from Bhutan and Nepal also.

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 77 /2011-Customs (N.T.)   In exercise of the powers conferred by section 79 of the Customs Act, 1962 (52 of 1962), the Central Government makes the following rules further to amend the Baggage Rules,1998, namely :- 1.   (1) These rules may be called the Baggage (Amendment) Rules,… Read More

FDI Reporting of Issue / Transfer of ˜Participating Interest/Right™ in Oil Fields to a Non-Resident as an FDI Transaction

RBI/2011-12/259 A.P. (DIR Series) Circular No. 45 To, All Category I Authorised Dealer banks Madam / Sir, Foreign Direct Investment Reporting of issue / transfer of  ˜participating interest/right™ in oil fields to a non resident as an Foreign Direct Investment transaction Attention of Authorized Dealers Category I (AD Category-I) banks is invited to Regulations 9… Read More

Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques

RBI/2011-12/260 RPCD.CO RRB. AML.BC.NO. 31 /03.05.33(E)/2011-12 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Payment of Cheques/Drafts/Pay Orders/Banker's Cheques In India, it has been the usual practice among bankers to make payment of only such cheques and drafts as are presented for payment within a period of six months from the date of the… Read More

Email Hacking punishable as a Cyber Crime

BEFORE SH. RAJESH AGGARWAL, ADJUDICATING OFFICER, INFORMATION TECHNOLOGY ACT 2000, GOVERNMENT OF MAHARASHTRA, AT MANTRALAYA, MUMBAI ” 400032 Complaint No. 2 of 2010 IN THE MATTER OF 1. Sh. Vinod Kaushik 2. Sh. Neeraj Kaushik¦¦..Complainants Through Mrs. S.R. Padhy, Advocate Versus 1. Ms. Madhvika Joshi 2. Sb. Atul Tripathy 3. Ms. Monika Agnihotri 4. Cognizant… Read More

Cross Border Investment Conclave

It™s a great pleasure to inform you and seeking your participation for the business program Cross Border Investment Conclave, scheduled in Delhi on 24thth November in Hotel Crowne Plaza. I am emailing you the program brochure for your reference, please find the attached file. There will be a detail discussion on every aspect of outbound… Read More

UCBs – PMLA, 2002 – Reporting to FIU-India Reporting Format under Project FINnet

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  • On Nov 16,2011

RBI/2011-2012/254 UBD. CO. BPD. No.10/12.05.001 / 2011-12 November 9, 2011 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Prevention of Money Laundering Act, 2002 (PMLA) and Rules thereunder -Reporting of CTR,STR etc to FIU-India Reporting Format under Project FINnet Please refer to para 3 of our circular UBD. CO. BPD (PCB) No.… Read More

Intellectual Property Rights (Imported Goods) Enforcement Rules, 2007 and clarification as notified on 2011

Intellectual Property Rights (Imported Goods) Enforcement Rules, 2007 (Rules[1]): The Rules were formulated to define the role of the customs authorities in India in combating Intellectual Property Rights (IPR) piracy, pursuant to India™s obligations under the WTO treaty on Trade Related Aspects of IPR. Hence on May 8, 2007, the Central Government by a notification… Read More

CCH: Intellectual Property Rights 2011

Intellectual Property Rights in India have been relatively emerging at a faster pace. There is a need to discuss the issues and solutions which are the major challenges of IPR faced by most of the businesses in the global market. The corporates should know how they can create, operate and protect their intellectual property. The Indian corporate… Read More

Tariff values of edible oils, brass scrap (all grades) and poppy seeds notified

        Central Board of Excise and Customs (CBEC), Department of Revenue has issued a Notification No.78/2011-Customs (N.T.) dated November 15, 2011 and thereby notifying tariff values of edible oils, brass scrap (all grades) and Poppy seeds as shown in the table below. T A B L E  S.No. Chapter heading/ sub-heading/tariff item Description… Read More

Amends Notification No. 36/2001-Customs(N.T) dated the 3rd August 2001-CBDT

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 78/2011-CUSTOMS (N. T.) 24 Karthika, 1933 (SAKA) S. O______ (E) In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and… Read More

Amends Notification No. 78/2007-Customs, dated the 29th June, 2007 thereby extending the levy of anti-dumping duty on the imports of CD-Rs, originating in or exported from China PR, Hong Kong, Singapore and Chinese Taipei, for a further period of one year

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 100/ 2011-Customs G.S.R. 810(E). -Whereas, the designated authority vide notification No. 15/4/2011-DGAD, dated the 4th October, 2011, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 4th October, 2011, had initiated review in terms of sub-section (5) of section 9A of the Customs… Read More

Trade Credits for Imports into India Review of all-in-cost ceiling

RBI/2011 -12/257 A. P. (DIR Series) Circular No. 44 To, All Category - I Authorised Dealer Banks Madam / Sir, Trade Credits for Imports into India Review of all-in-cost ceiling Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A. P. (DIR Series) Circular No. 27 dated October 27, 2008 relating to the all-in-cost ceiling… Read More

Interest Rates on Export Credit in Foreign Currency

RBI/2011-12/258 DBOD.DIR.No. 52 /04.02.001/2011-12 All Scheduled Commercial Banks Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.(Exp).No.76/04.02.001/2009-10 dated February 19, 2010 as also paragraph 7 of Master Circular on Rupee/Foreign Currency Export Credit and Customer Service to Exporters dated July 01, 2011  relating to export credit in foreign currency. 2.… Read More

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