Corporate Law Reporter - The Daily Journal

No Demand Drafts for Rs. 50,000/- and above through cash

RBI/2011-12/154 RPCD.CO.RRB.BC.No.17/03.05.33/2011-12 The Chairman All Regional Rural Banks Dear Sir, Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above Please refer to our circular RPCD.No.NB.BC.124/RRB.16/90-91 dated May 29, 1991 in terms of which demand drafts, mail transfers, telegraphic transfers and travellers cheques for Rs.50,000/- and above should be… Read More

Continuation of anti-dumping duty on Pentaerythritol, originating in, or exported from, Chinese Taipei- CBEC

[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.74 /2011-Customs New Delhi, the 12th August, 2011 G.S.R. (E). Whereas, the designated authority vide notification No. 15/10/2010-DGAD, dated the 22nd June, 2010, published in the Gazette of India, Extraordinary, Part I, Section… Read More

Customs – Notification No.75 /2011- Amends Notification No.55/2008-Customs, dated 28th April 2008

[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.75 /2011-Customs New Delhi, the 12th August, 2011 G.S.R. (E). -In exercise of the powers conferred by sub-section (1) and sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of… Read More

Authorising EIC for issuing Certificate of Origin under India-Japan CEPA- DGFT

To be published in The Gazette of India Extraordinary (Part-I, Section-1) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi -110 011 Public Notice No. 70/2009-2014 (RE-2010) The 12th August, 2011 Subject: Authorising EIC for issuing Certificate of Origin under India-Japan CEPA… Read More

Govt. ensures cyber security for its websites

The Minister of State for Communication and Information Technology, Shri Sachin Pilot today informed in written reply to a question in Lok Sabha that the website of Ministry of External Affairs (www.mea.gov.in) hosted and maintained by National Informatics Centre (NIC) has not been hacked. The specific steps taken by Government to ensure cyber security are:… Read More

New Examination centers at Dhanbad and Kota for CS exams

The Institute is pleased to announce opening of two new Examination Centres at Dhanbad (JHARKHAND), and Kota (RAJASTHAN) for conduct of ˜Company Secretaries™ examinations, on an experimental basis beginning from December, 2011 examination onwards. Accordingly, students are welcome to opt for new examination centres ” (i) Dhanbad (Centre Code 108); and (ii) Kota(Centre Code 230) in… Read More

RBI and 926 branches of Banks to accept Advance Income Tax

As many as 926 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of the income tax assesses. Of the 926 bank branches 862 branches are public sector bank branches, 35 HDFC bank branches, 10 ICICI bank branches… Read More

Rajkot Commercial Co-operative Bank Ltd., Rajkot Penalised

The Reserve Bank of India has imposed a monetary penalty of `2.00 lakh (Rupees two lakh only) on Rajkot Commercial Co-operative Bank Limited, Rajkot, Gujarat, in exercise of powers vested in it under the provisions of Section 47(A)(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (AACS) for violation of Reserve Bank of India's… Read More

Continuation of anti-dumping duty on imports of Sodium Nitrite originating in, or exported from, People™s Republic of 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.76/2011-Customs New Delhi, dated the 17th August, 2011 G.S.R. (E). -Whereas, the designated authority vide notification No. 15/04/2010-DGAD, dated the 1st July, 2010, published in the Gazette of India, Extraordinary, Part… Read More

Notification No. 77 /2011-Customs Amending Principal Notification No.21/2002

[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. 77 /2011-Customs New Delhi, dated the 17th August, 2011 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of… Read More

Reduction of Government litigation – providing monetary limits for filing appeals by the Department before CESTAT/High Courts and Supreme court- CBEC

F.No.390/Misc./163/2010-JC Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi 17th August 2011 INSTRUCTION To, 1. All Chief Commissioners and Directors General under the Central Board of Excise and Customs. 2. CDR, Customs, Excise & Service Tax Appellate Tribunal. 3. All Commissioners of Customs/Central Excise/Service Tax/All Joint Chief Departmental Representatives/Commissioner, Directorate of Legal Affairs. 4. <webmaster.cbec@icegate.gov.in>… Read More

Amendment in the tariff value of palm oil, palmolein, Soyabean Oil, Brass Scrap & poppy seeds

[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. 57/2011-CUSTOMS (N. T.) New Delhi, 12th August, 2011 21 Shravana, 1933 (SAKA) S. O¦ (E) In exercise of the powers conferred by sub-section (2) of section 14… Read More

Minimum Export Price(MEP) for export of Sona Masuri, Ponni Samba and Matta rice- DGFT

(To be published in the Gazette of India Extraordinary Part I Section I) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Public Notice No. 72 (RE-2010)/2009-2014 New Delhi, the 12th August, 2011 Subject: Minimum Export Price(MEP) for export of Sona Masuri, Ponni Samba and Matta rice. … Read More