Regarding enforcement of Intellectual Property Rights on imported goods - Clarification on the issue of parallel imports
Posted Date : 10-May-2012 , 07:26:34 am | Posted By: CASANSAAR
Circular No. 13/2012-Customs
F. No. 528/21039/08-Cus/ICDGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise & Customs***
New Delhi, dated the 8thMay, 2012
To
All Chief Commissioners of Customs/ Customs (P),
All Chief Commissioners of Customs & Central Excise,
All Director Generals/Chief Departmental Representatives (CESTAT),
All Commissioners of Customs / Customs (P), and
All Commissioners of Customs & Central Excise.
Sir/Madam,
Subjec...
Continue Reading...
Category :
Custom |
Comments :
0 | Hits : 345
|
 |
Stopping of Form 23AC and Form 23AC- XBRL for financial year starting on or after 01.04.2011
Posted Date : 08-May-2012 , 08:58:28 am | Posted By: Akanksha Handa
Stopping of Form 23AC and Form 23AC- XBRL for financial year starting on or after 01.04.2011Please note that existing Form 23AC, Form 23ACA, Form 23AC-XBRL and Form 23ACA-XBRL can not be filed by those companies whose financial year is starting on or after 1.4.2011 as Revised Schedule VI is applicable for such period. New e-forms are undergoing revision to align with the Revised Schedule VI and new forms would be updated shortly....
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 590
|
|
External Commercial Borrowings (ECB) Policy - Utilization of ECB proceeds for Rupee expenditure
Posted Date : 07-May-2012 , 10:45:24 pm | Posted By: CASANSAAR
RBI/2011-12/539A. P. (DIR Series) Circular No.119
May 7, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
External Commercial Borrowings (ECB) Policy - Utilization of ECB proceedsfor Rupee expenditure
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited toA.P. (DIR Series) Circular No. 5 dated August 1, 2005andA.P. (DIR Series) Circular No. 52 dated November 23, 2011relating to External Commercial Borrowings.
2. As per the extant guidelines, ECB pr...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 500
|
|
Release of Foreign Exchange for Miscellaneous Remittances
Posted Date : 07-May-2012 , 10:44:26 pm | Posted By: CASANSAAR
RBI/2011-12/537A. P. (DIR Series) Circular No.118
May 07, 2012
To
All Authorised Dealers in Foreign Exchange
Madam/ Sir,
Release of Foreign Exchange for Miscellaneous Remittances
Attention of Authorised Dealers in foreign exchange is drawn toA.P.(DIR Series) Circular No. 16 dated September 12, 2002, in terms of which the Authorised Dealers were advised to release amounts up to USD 500 or its equivalent for all permissible transactions on the basis of a simple letter from the applican...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 471
|
|
Transfer of Funds from Non-Resident Ordinary (NRO) account to Non- Resident External (NRE) Account
Posted Date : 07-May-2012 , 10:43:17 pm | Posted By: CASANSAAR
RBI/2011-12/536A. P. (DIR Series) Circular No.117
May 07, 2012
To
All Authorised Dealer banks and Authorised banks
Madam/Sir,
Transfer of Funds from Non-Resident Ordinary (NRO) account to Non-Resident External (NRE) Account
The Committee to Review the Facilities for Individuals Under FEMA, 1999 (Chairperson : Smt. K.J.Udeshi) has recommended that the NRIs/PIOs may be permitted, subject to payment of applicable taxes, to transfer repatriable funds from their NRO account within the overa...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 656
|
|
Regarding services provided by the Agricultural Produce Marketing Committee (APMC) /Board
Posted Date : 01-May-2012 , 07:29:34 am | Posted By: CASANSAAR
Circular No. 157/8 /2012-ST
F.No.354/234/2011-TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
(Tax Research Unit)
153, North Block,
New Delhi, 27thApril, 2012
To
Chief Commissioner of Customs and Central Excise / Central Excise & Service Tax (All)
Director General of Service Tax /Central Excise Intelligence /Audit; Commissioner of Customs and Central Excise/ Central Excise and Service Tax/ Service Tax (All)
Madam/Sir,
...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 524
|
|
Name Availability Guidelines, 2011
Posted Date : 01-May-2012 , 07:28:33 am | Posted By: CASANSAAR
Name Availability Guidelines, 2011General Circular No. 7/2012dated25.04.2012.
Click Here to see the detail Circular...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 746
|
|
Rate of exchange of conversion of each of the foreign currency wef 1st May, 2012
Posted Date : 27-Apr-2012 , 11:02:59 pm | Posted By: CASANSAAR
S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of thenotificationof the Government of India in the Ministry of Finance(Department of Revenue) No.26/2012-CUSTOMS (N.T.), dated the 28thMarch, 2012videnumber S.O. 625 (E), dated the 28thMarch, 2012, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs hereby determines that therate of exchangeof conver...
Continue Reading...
Category :
Custom |
Comments :
0 | Hits : 639
|
|
MCA issued new version of Form 23C and Form 23D
Posted Date : 26-Apr-2012 , 05:47:09 pm | Posted By: Akanksha Handa
MCA issued w.e.f. 21.4.2012, new version of Form 23C and Form 23D which can be downloaded from MCA website.
Click here to download Form 23C
Instructions for filling up FORM 23C
Click here to download Form 23D
Instructions for filling up FORM 23D
...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 868
|
|
Clarification regarding admissibility of exemption under area-based Notification No. 56/2002-CE dated 14.11.2002
Posted Date : 20-Apr-2012 , 07:43:00 am | Posted By: CASANSAAR
Circular No. 965/08/2012-CX
F.No. 101/ 15/2010-CX-3
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
New Delhi the 17thApril, 2012
To
All Chief Commissioners of Central Excise & Customs,
All Chief Commissioners of Central Excise,
All Directors General
Sir/Madam,
Sub: Clarification regarding admissibility of exemption under area-based Notification No. 56/2002-CE dated 14.11.2002 – reg.
Your kind attention is...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 537
|
|
Alterations in the Schedule XIV of the Companies Act, 1956
Posted Date : 19-Apr-2012 , 07:21:21 am | Posted By: CASANSAAR
Alterations in the Schedule XIV of the Companies Act, 1956.
Click Here for Detail Notification....
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 624
|
|
Formats for Disclosure of Financial Results
Posted Date : 18-Apr-2012 , 11:18:57 am | Posted By: CS Shilpi Bhardwaj
CIRCULAR
CIR/CFD/DIL/4/2012 April 16, 2012
To
All Stock Exchanges
Dear Sir/Madam,
Sub: Amendments to the Equity Listing Agreement – Formats for Disclosure of FinancialResults
1. Ministry of Corporate Affairs vide Notification dated February 28, 2011 has revised theformat for disclosure of Balance Sheet under Schedule VI of the Companies Act, 1956.
2. Pursuant to the same, it has been decided to carry out consequential amendments toClause 41 of the L...
Continue Reading...
Category :
SEBI |
Comments :
1 | Hits : 2318
|
|
Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme
Posted Date : 18-Apr-2012 , 08:32:40 am | Posted By: CASANSAAR
RBI/2011-12/508A. P. (DIR Series) Circular No. 108
April 17, 2012
To,
All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme.
Madam/ Dear Sir,
Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme
Please refer to ourA.P. (DIR Series) Circular No. 78 dated February 15, 2012on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions.
...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 445
|
|
Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Money changing activities
Posted Date : 18-Apr-2012 , 08:27:29 am | Posted By: CASANSAAR
RBI/2011-12/507A. P. (DIR Series) Circular No. 107
April 17, 2012
To,
All Authorised Persons
Madam/ Dear Sir,
Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Money changing activities
Please refer to ourA.P. (DIR Series) Circular No. 77 dated February 15, 2012on risks arising from the deficiencies in AML/CFT regime of certain jurisdiction.
2. Financial Action Task Force (FATF) has issued a further Statement on February 16, 2012 on the subject (...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 500
|
|
Amendment to Central Excise Rules, 2002
Posted Date : 13-Apr-2012 , 11:46:58 am | Posted By: CA Vikas Maheshwari
(TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (1) ]
Government of India
Ministry of Finance
Department of Revenue
Notification No.22 /2012--Central Excise (N.T.)
New Delhi, dated,30th March, 2012
G.S.R( E) . – In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the Central Excise Rules, 2002, namely :-
1.Short titl...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 631
|
|
Regarding electronic refund through the Indian Customs EDI System
Posted Date : 11-Apr-2012 , 07:47:40 am | Posted By: CASANSAAR
Circular No. 156/7 /2012-ST
F.No.354/66/2011-TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
(Tax Research Unit)
153, North Block,
New Delhi, 9thApril, 2012
To
Chief Commissioner of Customs/ Customs and Central Excise/ Central Excise & Service Tax (All), Director General of Service Tax /Central Excise Intelligence /Audit, Commissioner of Customs, Commissioner of Customs/Customs and Central Excise/ Central Excise and Service ...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 510
|
|
Procedure for Issue of Form 16A TDS Certificate
Posted Date : 10-Apr-2012 , 02:58:07 pm | Posted By: CASANSAAR
Government of India,Ministry of Finance,Department of Revenue,Central Board of Direct Taxes,1. Section 203 of the income-tax Act, 1961 (“the Act”) read with the Rule 31 of the Income-tax Rules, 1962 (“the Rules”) provides for furnishing of certificate of tax deduction at source (TDS) by the deductor to the deductee specifying therein the prescribed particulars like amount of TDS, permanent account number (PAN), tax deduction and collection account number (TAN), etc. The r...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1579
|
|
Regarding clarification on Point of Taxation Rules
Posted Date : 09-Apr-2012 , 09:11:03 pm | Posted By: CASANSAAR
Circular No.155/6/ 2012 – ST
F. No 334/1/2012- TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Tax Research Unit
Room No 146, North Block, New Delhi
Dated: 9thApril 2012
To
Chief Commissioner of Customs and Central Excise (All)
Chief Commissioner of Central Excise & Service Tax (All)
Director General of Service Tax
Director General of Central Excise Intelligence
Director General of Audit
Commissioner of Customs ...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 878
|
|
Clarification regarding classification of structural components of Boiler and admissibility of CENVAT credit on these structural components
Posted Date : 03-Apr-2012 , 08:29:27 pm | Posted By: CASANSAAR
Circular No.964/07/2012-CX
F. No. 84/1/2011-CX-1
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
New Delhi, dated2ndApril, 2012
To
All Chief Commissioners of Central Excise & Customs,
All Chief Commissioners of Central Excise,
All Directors Generals
Sir/Madam,
Subject : Clarification regarding classification of structural components of Boiler and admissibility of CENVAT credit on these structural components –...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 513
|
|
Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India
Posted Date : 03-Apr-2012 , 07:52:37 am | Posted By: CASANSAAR
RBI/2011-12/102A. P. (DIR Series) Circular No.102
April 02, 2012
To
All Authorised Persons in Foreign Exchange
Madam/ Sir,
Use of International Debit Cards/Store Value Cards/Charge Cards/SmartCards by Resident Indians while on a visit outside India
Attention of all Authorised Persons, who are authorised to issue foreign currency pre-paid cards to resident Indians visiting outside India, is invited to Para B(5) of theA. P. (DIR Series) Circular No. 46 dated June 14, 2005, in terms of whic...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 521
|
|
Overseas Direct Investments – Liberalisation / Rationalisation
Posted Date : 03-Apr-2012 , 07:51:41 am | Posted By: CASANSAAR
RBI/2011-12/481A. P. (DIR Series) Circular No.101
April 02, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Overseas Direct Investments – Liberalisation / Rationalisation
Attention of the Authorised Dealer (AD - Category I) banks are invited to theNotification No. FEMA 10/2000-RB dated May 3, 2000[Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2000] (the Notification), as amended from time to time.
2. As per the extan...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 551
|
|
Online Income tax return filing for Individual/HUF
Posted Date : 02-Apr-2012 , 09:02:56 pm | Posted By: CASANSAAR
INCOME-TAX (THIRD AMENDMENT) RULES, 2012 - AMENDMENT IN RULE 12 AND SUBSTITUTION OF FORMS SAHAJ (ITR-1), ITR-2, ITR-3, SUGAM (ITR-4S), ITR-4 AND ITR-V
In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1.(1) These rules may be called the Income-tax (3rd Amendment) Rules, 2012.
(2) They shall come into force on the 1st day of Apr...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 604
|
|
Overseas Investments by Resident Individuals – Liberalisation / Rationalisation
Posted Date : 29-Mar-2012 , 07:49:32 am | Posted By: CASANSAAR
RBI/2011-12/474A. P. (DIR Series) Circular No.97
March 28, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Overseas Investments by Resident Individuals – Liberalisation / Rationalisation
Attention of the Authorised Dealer (AD - Category I) banks is invited to theNotification No. FEMA 120/RB-2004 dated July 7, 2004[Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time to time.
2. R...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 598
|
|
Overseas Direct Investments by Indian Party – Rationalisation
Posted Date : 29-Mar-2012 , 07:48:43 am | Posted By: CASANSAAR
RBI/2011-12/473A.P. (DIR Series) Circular No. 96
March 28, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Overseas Direct Investments by Indian Party – Rationalisation
Attention of the Authorised Dealer (AD - Category I) banks is invited to theNotification No. FEMA 120/RB-2004 dated July 7, 2004[Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time to time. To grant more flexibili...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 543
|
|
Regarding Clarification on Point of Taxation Rules
Posted Date : 29-Mar-2012 , 07:45:00 am | Posted By: CASANSAAR
Circular No.154/5/ 2012 – ST
FNo334/1/2012- TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Tax Research Unit
Room No 146, North Block, New Delhi
Dated: 28thMarch 2012
To
Chief Commissioner of Customs and Central Excise (All)
Chief Commissioner of Central Excise & Service Tax (All)
Director General of Service Tax
Director General of Central Excise Intelligence
Director General of Audit
Commissioner of Customs and ...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 622
|
|
Regarding payment of arrears from Cenvat Credit earned at a later date
Posted Date : 29-Mar-2012 , 07:43:55 am | Posted By: CASANSAAR
Circular No.962/05/2012-CX
F.No.267/96/2009-CX8
Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Excise & Customs)
New Delhi, dated the 28thMarch, 2012
To,
All Director Generals,
All Chief Commissioners of Central Excise (including LTU),
All Commissioners of Central Excise (including LTU).
Sir/ Madam,
Subject: Payment of arrears from Cenvat Credit earned at a later date
Reference was received from the field formation seeking clarifi...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 659
|
|
Applicability of exemption under Sr. No. 4 of the Notification 4 / 2006 - CE dated 1/3/2006 on import of Ore Concentrates
Posted Date : 29-Mar-2012 , 07:42:37 am | Posted By: CASANSAAR
Circular No.09 / 2012 – Customs
F. No. 528/11/2012-STO (TU)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
229A, North Block, New Delhi,
23rdMarch, 2012.
To
All Chief Commissioners / Commissioner of Customs / Customs (Prev.)
All Chief Commissioners / Commissioner of Customs & Central Excise
All Commissioners of Customs (Appeals)
All Commissioners of Customs & Central Excise (Appeals)
All Directors General...
Continue Reading...
Category :
Custom |
Comments :
0 | Hits : 431
|
|
Negative List of Service Tax as per the New Budget 2012-13
Posted Date : 20-Mar-2012 , 07:56:09 pm | Posted By: CA Akshay Joshi
Government of IndiaMinistry of FinanceDepartment of Revenue
Notification No.12/2012-Service Tax
New Delhi, the 17thMarch 2012
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) (hereinafter referred to as the said Finance Act), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the following taxable services from the whole of the service tax leviable thereon under s...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 8994
|
|
Constitution of a Committee to formulate a Policv Document on Corporate Governance
Posted Date : 20-Mar-2012 , 07:56:02 am | Posted By: CASANSAAR
General Circular No. 5/2012dated19.03.2012
Constitution of a Committee toformulate a PolicvDocument onCorporate Governance.
Click Here for Detail Circular...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 402
|
|
MCA:Role-check for Digital Signatures(DSCs) belonging to authorized signatories of Banks/FIs
Posted Date : 15-Mar-2012 , 05:50:53 pm | Posted By: Akanksha Handa
Role-check for Digital Signatures(DSCs) belonging to authorized signatories of Banks/FIs- Plz go the following link on MCA site to see the circular
http://www.mca.gov.in/Ministry/pdf/Role_check_Digital_Signatures.pdf...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 616
|
|
|
|
