In order to simplify the procedures and cut timelines, the Ministry has decided to notify section 8 of the Companies (Second Amendment) Act, 2002 (1) of 2003 thereby the work relating to confirmation of shifting of registered office from one state to another state and consequent alteration to Memorandum of Association of the company under… Read More
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.66 /2011-Customs New Delhi, 26th July, 2011 G.S.R. (E). - Whereas in the matter of imports of Poly Vinyl Chloride Paste Resin (hereinafter referred to as the subject goods), falling under sub- heading 3904 22 10 of the First Schedule to the Customs Tariff Act, 1975… Read More
Kanubhai M. Patel HUF vs. Hiren Bhatt (Gujarat High Court) Brief Facts: In respect of AY 2003-04, the AO issued a notice u/s 148 dated 31.3.2010. However, the notice was given by the AO to the post office for dispatch to the assessee on 7.4.2010 and it was delivered to the assessee on 8.4.2010. The assessee filed a… Read More
Collection Strategy for FY 2011-12 - Chairman CBDT statement I reviewed the arrears position yesterday in the context of our strategy to meet the collection target. On assessing the potential for recovery in different types of arrears categorized in column 9 of CAP I, I find that concerted efforts in certain categories may expedite cash collection. I… Read More
Shri Anand Sharma the Union Minister of Commerce, Industry and Textiles has restored the DEPB benefits for cotton yarn from 1st April, 2011 and on Cotton from 1st October, 2010. The Minister said here today, I have taken a composite review of the cotton and cotton yarn industry over the last few days. Both of… Read More
Circular No. 31/2011- Customs F.No.521/64/2010-STO (TU) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs 229A, North Block, New Delhi-110001 Dated 26th, July, 2011 To, All Chief Commissioners of Customs / Customs (Prev.). All Chief Commissioners of Customs & Central Excise. All Commissioners of Customs / Customs (Prev.). All Commissioners… Read More
GENERAL CIRCULAR No. 55/2011; GOI; MCA; Dated 26th July 2011 All Regional Directors; All Registrar of Companies; All Official Liquidators Subject: Scrutiny inspection and investigation in all winding up cases. It has been noticed that winding up petitions are being filed by management after having committed major violations under the Companies Act, 1956 as well as misappropriation of… Read More
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.37/2011-Central Excise New Delhi, the 25 July, 2011 G.S.R. (E). - In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public… Read More
GENERAL CIRCULAR NO. 53/2011; GOI; MCA; Dated 26th July, 2011 All Regional Directors; All ROCs; All Official Liquidators Subject: Guidelines for RDs/ROCs in the matter of scheme of arrangement /amalgamation under section 391-394. It has been observed that various field formations are following different practices while sending comments to the Hon™ble High Courts in respect… Read More
Title: Notification No.36 /2011-Central Excise GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.36 /2011-Central Excise New Delhi, the 25 July, 2011 G.S.R. (E). - In exercise of the powers conferred by sub-section (2A) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it… Read More
GENERAL CIRCULAR NO. 54/2011; GOI; MCA; Dated 26th July 2011 All Regional Directors; All ROCs; All Official Liquidators Subject: Pro-active action in case of winding up petitions It has been noticed that winding up petitions are filed by creditors, stake holders and management before Hon™ble High courts without providing full information. This leads to waste of… Read More
Government of India Ministry of Finance Department of Revenue New Delhi, the 25th July, 2011 Notification No. 42/2011-Service Tax G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so… Read More
Circular No. 32/2011- custom F. No. 341/26/2011-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit *** New Delhi dated 26th July, 2011 To All Chief Commissioners of Customs / Customs (Prev.), All Chief Commissioners of Customs & Central Excise, All Commissioners of Customs / Customs (Prev.), All Commissioners of Customs & Central Excise,… Read More

