Regarding benefit of Central Excise duty exemption on pipes against S. No. 7 in column (3) of the Notification No. 6/2006 (CE) dated 1-03/06 as further amended vide No. 6/2007 dated 1-3-07 & 26/2009 dated 4/12/09.
Posted Date : 09-Jun-2011 , 02:03:38 pm | Posted By: CASANSAAR
Circular No. 945/6/2011-CX
F. No. 354/34/2008-TRU Government of India
Ministry of Finance
Department of RevenueTax Research Unit
New Delhi, dated the 16th May, 2011
To
The Director General (All)
The Chief Commissioners of Central Excise (All)
The Chief Commissioners of Central Excise and Customs (All)
Sir/Madam,
Subject: Benefit of Central Excise duty exemption on pipes against S. No. 7 in column (3) of the Notification No. 6/2006 (CE) dated 1-03/06 as further amended vide...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 642
|
 |
Issuance of TDS Certificates in Form No. 16A downloaded from TIN Website and option to authenticate the same by way of digital signature – Circular under section 119 of the Income-tax Act 1961
Posted Date : 09-Jun-2011 , 04:10:14 pm | Posted By: CASANSAAR
Section 203 of the Income-tax Act 1961 (“the Act”) read with the Rule 31 of the Income-tax Rules 1962 (“the IT 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 relevant form for such TDS certificate is Form No.16 in case of deduction under section 192 and...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1623
|
|
Regarding prosecution provision in Finance Act, 1994
Posted Date : 09-Jun-2011 , 07:46:39 pm | Posted By: CASANSAAR
F. No. 354/45/2011-TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
(Tax Research Unit)
******
New Delhi dated the 12th May, 2011.
To
Chief Commissioners of Central Excise and Service Tax (All),
Director General (Service Tax),
Director General (Central Excise Intelligence),
Director General (Audit),
Commissioners of Service Tax (All),
Commissioners of Central Excise and Service Tax (All).
Madam/Sir,
Subje...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 500
|
|
Regarding Monthly Technical Reports both Customs and (Central Excise and Service Tax) Annexures on litigation matters – revisions
Posted Date : 10-Jun-2011 , 02:17:11 am | Posted By: CASANSAAR
Circular No.944/05/2011-CX
F.No.390/Misc/108/2010-JC
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
---
New Delhi, the 10th May, 2011
To.
1. All Chief Commissioners and Director Generals 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/ Commissioner, Directorate of Legal Affairs.
4. <webmaster.cbec@icegate.go...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 507
|
|
Regulatory and Audit Compliance
Posted Date : 08-Jun-2011 , 09:03:15 pm | Posted By: CASANSAAR
RBI/2010-11/520Ref.DBS.ARS.BC. No.07/ 08.91.020/ 2010-11
May 11, 2011
The Chief Executives OfficersAll foreign banks operating in India
Dear Sir/Madam,
Regulatory and Audit Compliance
It is observed that Indian operations of foreign banks functioning in India as branches of the parent banks generally do not have a separate Audit Committee vested with the responsibility of examining and reviewing inspection/audit reports for their compliance. In the recent past, there have been concerns abou...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 497
|
|
Clarification regarding Short Term Accommodation Service and Restaurant Service
Posted Date : 10-Jun-2011 , 07:11:18 am | Posted By: CASANSAAR
Circular No. 139/8/2011-TRU
F.No.334/81/2011-TRU
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Tax Research Unit
New Delhi, the 10th May 2011
To
Chief Commissioners of Central Excise and Customs (All),
Director General (Service Tax),
Director General (Central Excise Intelligence),
Director General (Audit),
Commissioners of Service Tax (All)
Commissioners of Central Excise (All)
Commissioners of Central Excise and Custo...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 489
|
|
Service tax liability of subcontractors providing services ‘in relation to’ the exempted works contract service
Posted Date : 09-Jun-2011 , 10:31:12 am | Posted By: CA. Sachin Data
To
Chief Commissioners of Central Excise & Customs (All)
Chief Commissioners of Central Excise (All)
Director General of Central Excise Intelligence
Director General of Audit & DGST
Commissioners of Service Tax (All)
Madam/Sir
Subject: Representation by Jaiprakash Associates Limited, Noida, in terms of Judgement dated 14.02.2011 in W.P. No. 7705 of 2008 – regarding
**********
The Works Contract service (WCS) in respect of construction of Dams, Tunnels, Road, Br...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 1071
|
|
Instructions regarding Project Imports Regulations, 1986 (PIR)
Posted Date : 09-Jun-2011 , 07:40:24 pm | Posted By: CASANSAAR
Circular No.22/2011-Customs
F.No.528/38/2008-Cus.(TU)
Government of India
Ministry of Finance Department of Revenue Central Board of Excise and Customs
227-B, North Block.
New Delhi-110001.
4th May, 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 (Appeals).
All Commissioners of Customs & Central Excise.
All Commissioners of ...
Continue Reading...
Category :
Custom |
Comments :
0 | Hits : 547
|
|
Clarification regarding effective date of Companies (Particulars of employees)Amendment Rules,2011
Posted Date : 08-Jun-2011 , 09:03:15 pm | Posted By: CASANSAAR
Clarification regarding effective date of Companies (Particulars of employees)Amendment Rules,2011.
Click Here...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 495
|
|
Clarification in respect of General Circular No: 2 /2011 dated 8th February, 2011
Posted Date : 08-Jun-2011 , 09:03:13 pm | Posted By: CASANSAAR
Clarification in respect of General Circular No: 2 /2011 dated 8th February, 2011 .
Click Here...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 555
|
|
Green Initiative in the Corporate Governance- Approval of Ministry of Corporate Affairs for appointment of agency for providing electronic platform for electronic voting under the Companies Act,1956.
Posted Date : 10-Jun-2011 , 02:24:25 am | Posted By: CASANSAAR
Green Initiative in the Corporate Governance- Approval of Ministry of Corporate Affairs for appointment of agency for providing electronic platform for electronic voting under the Companies Act,1956.
Click Here...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 405
|
|
E-Form No.32- Intimation to ROC regarding particulars of appointment of Directors etc and changes therein in the company pursuant to section 303(2) of the Companies Act,1956- filing of conflicting return by contesting parties.
Posted Date : 10-Jun-2011 , 02:19:36 am | Posted By: CASANSAAR
E-Form No.32- Intimation to ROC regarding particulars of appointment of Directors etc and changes therein in the company pursuant to section 303(2) of the Companies Act,1956- filing of conflicting return by contesting parties.
Click Here...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 1547
|
|
Marking a company as having management dispute by Registrar of Companies under MCA-21 system.
Posted Date : 08-Jun-2011 , 09:03:08 pm | Posted By: CASANSAAR
Marking a company as having management dispute by Registrar of Companies under MCA-21 system.
Click Here...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 709
|
|
Regarding clarification on issues relating to CENVAT Credit Rules 2004
Posted Date : 10-Jun-2011 , 06:45:00 am | Posted By: CASANSAAR
Circular No.943/04/2011-CX
New Delhi, 29th April 2011
F.No.354/73/2011 -TRU
Government of India
Ministry of Finance
Department of Revenue
Tax Research Unit
To
The Chief Commissioners of Central Excise and Service Tax (All),
The Director General (All),
The Commissioners of Service Tax (All),
The Commissioners of Central Excise and Service Tax (All).
Madam/Sir,
Sub: Clarification on issues relating to CENVAT Credit Rules 2004– Regarding.
The CENVAT Credit Rul...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 723
|
|
Dear Fellows E-filing of returns thro e-filing portal for ITR1 & ITR2 has commenced.
Posted Date : 10-Jun-2011 , 05:20:36 am | Posted By: Sahil Rastogi
...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 456
|
|
Notification with respect of change in eforms 2, 3, 18, 23C, 24A and 32
Posted Date : 09-Jun-2011 , 07:38:19 pm | Posted By: CASANSAAR
[PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDIANARY PART II,SECTOR 3, SUB-SECTION (i)]
GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRS
New Delhi, dated the 29th April 2011
Notification
G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 642 read with section 610B of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules further to amend the Companies (Central Government’s) General Rules and Forms, 1956, namely : -1...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 511
|
|
Green Initiative in the Corporate Governance- Clarification regarding sending copies of Balance Sheets and Auditors Report etc., to the members of the company as required under section 219 of the Companies Act, 1956 through electronic mode.
Posted Date : 09-Jun-2011 , 11:45:03 am | Posted By: CASANSAAR
The Ministry of Corporate Affairs has taken a “Green Initiative in the Corporate Governance” by allowing paperless compliances by the Companies after considering sections 2, 4, 5, and 81 of the Information Technology Act, 2000 for legal validity of compliances under Companies Act, 1956 through electronic mode.
2. The Ministry has been receiving representations from various Industry bodies to dispense with sending physical Annual report of a Company comprising of Balance Sheet, Pro...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 887
|
|
The procedure for regulating refund of amount paid by the deductor in excess of the tax
Posted Date : 09-Jun-2011 , 02:47:27 pm | Posted By: Sahil Rastogi
CIRCULAR NO. 2/2011 [F.NO. 385/25/2010-IT(B)], DATED 27-4-2011
The procedure for regulating refund of amount paid by the deductor in excess of the tax
deducted at source (TDS) and/or deductible is governed by Board circular No. 285, dated
21-10-1980.
2. Subsequent to issue of circular No. 285, new sections have been inserted under
Chapter XVII-B of the Income-tax Act, 1961. References have been received by the
Board regarding inclusion of these sections also for the purpose of issue of...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 526
|
|
LIMITS ENHANCED FOR DISCLOSURE OF PARTICULARS OF EMPLOYEES UNDER 217(2A) OF COMPANIES ACT 1956
Posted Date : 10-Jun-2011 , 05:27:57 am | Posted By: Sahil Rastogi
LIMITS ENHANCED FOR DISCLOSURE OF PARTICULARS OF EMPLOYEES UNDER 217(2A) OF COMPANIES ACT 1956
The Ministry of Corporate Affairs has vide notification dated 31stMarch 2011 enhanced the limits for the purpose of disclosure of particulars of employees in Directors Report as requisite under Section 217 (2A) read with Companies (Particulars of Employees) Rules, 1975 from the existing limit of Rs. 24 lakh/ year/ Rs. 2 lakh per month to Rs. 60 lakh per year/ Rs. 5 lakh per month and by such notific...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 21181
|
|
Procedure for regulating refund of excess amount of TDS deducted and/or paid
Posted Date : 10-Jun-2011 , 05:21:12 am | Posted By: CASANSAAR
The procedure for regulating refund of amount paid by the deductor in excess of the tax deducted at source (TDS) and/or deductible is governed by Board circular No. 285, dated 21-10-1980.
2. Subsequent to issue of circular No. 285, new sections have been inserted under Chapter XVII-B of the Income-tax Act, 1961. References have been received by the Board regarding inclusion of these sections also for the purpose of issue of refund of excess amount of the TDS deducted/deductible.
3. In cons...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 569
|
|
37/2011
Posted Date : 08-Jun-2011 , 09:03:01 pm | Posted By: CA. MANISH MALHOTRA
[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)
New Delhi, the 25th April, 2011
NotificationNo. 37/2011 – Service Tax
G.S.R. (E).- In exercise of the powers conferred by sections 93 and 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Taxation of Services (Provided from Outside India and Received...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 512
|
|
Conditions and modalities for registration of contracts of Assam Comilla Cotton with DGFT
Posted Date : 09-Jun-2011 , 07:39:22 pm | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyogBhavan,New Delhi.Policy Circular No. 29(RE-2010)/2009-14Datedthe19thApril, 2011
ToAll Customs Authorities / All Regional Authorities / Members of Trade.
Subject:-Conditions and modalities for registration of contracts ofAssamComillaCottonwith DGFT.
As per Notification No. 32(RE-2010)/2009-14 dated 14.03.2011 export of 5000 bales of AssamComillaCotton (Tariff Code 5201 00 1...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 632
|
|
Clarification about requirement of “Declaration of Intent” for EOU shipping bills for claiming Chapter 3 scheme benefits
Posted Date : 09-Jun-2011 , 05:39:13 pm | Posted By: CASANSAAR
Government ofIndiaDepartment of CommerceDirectorate General of Foreign TradeUdyogBhavan, New Delhi-110011Policy Circular No.28 (RE-2010)/2009-14, Dated: 15April, 2011
ToAll Regional AuthoritiesFIEO and All EPCs
Subject: - Clarification about requirement of “Declaration of Intent” for EOU shipping bills for claiming Chapter 3 scheme benefits.
1.Para 3.11.8 of HBPv1 2009-14 (earlierPara3.23.8 in RE-2008) provides for “Declaration of Intent” to be made on “free ...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 920
|
|
Conditions and modalities for registration of contracts of cotton yarn with DGFT.
Posted Date : 09-Jun-2011 , 09:32:17 am | Posted By: CASANSAAR
Government of IndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign Trade UdyogBhavan, New Delhi.
Policy Circular No. 27 (RE-2010)/2009-14Dated the 1stApril, 2011
To
All Customs Authorities / All Regional Authorities / Members of Trade.
Subject:-Conditions and modalities for registration of contracts of cotton yarn with DGFT.
As per Notification No. 40 (RE-2010)/2009-14 dated 31.03.2011 export of cotton yarn has been made “Free” subject ...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 709
|
|
Online transmission of DES (Advance Authorization), EPCG and DEPB at 7 new port locations w.e.f. 21.3.2011 - reg.
Posted Date : 04-Jun-2011 , 03:24:09 am | Posted By: CASANSAAR
Government of IndiaMinistry of Commerce IndustryDirectorate General of Foreign TradeUdyog Bhawan, New Delhi
Policy Circular No. 26 (RE-2010)/2009-14 Dated the, 21st March,2011
Sub:- Online transmission of DES (Advance Authorization), EPCG and DEPB at 7 new port locations w.e.f. 21.3.2011 - reg.
As and when Customs (CBEC) have conveyed their readiness to implement on-line message exchange between Customs and DGFT, Policy Circulars have been issued from time to time by DGFT indicating the...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 422
|
|
Prohibition on export of onion – Clarification for (a) MEP and (b) Export of Bangalore Rose onions and Krishnapuram onions under export licence
Posted Date : 09-Jun-2011 , 02:00:42 pm | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyogBhawan, New Delhi-110011Policy Circular No. 25 (RE-2010)/2009-14,Dated:22ndFebruary, 2011
ToAll Regional AuthoritiesAll Customs AuthoritiesMembers of Trade
Subject:Prohibition on export of onion – Clarification for (a) MEP and (b) Export of Bangalore Rose onions andKrishnapuramonions under exportlicence.
Export ofOnions(all varieties including Bangalore Rose oni...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 900
|
|
Amendment to Serial No. 3(ii) of Policy Circular No. 20(RE-2010)/2009-14 dated 14.02.2011 regarding issuance of licences for Value Added Special Yarn/Technical Yarn
Posted Date : 08-Jun-2011 , 09:03:02 pm | Posted By: CASANSAAR
Government ofIndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyogBhawan,New DelhiPolicy Circular No. 24 (RE-2010)/2009-14,Dated22ndFebruary, 2011
All Regional AuthoritiesAll Customs AuthoritiesMember of Trade
Subject: Amendment to Serial No. 3(ii) of Policy Circular No. 20(RE-2010)/2009-14 dated 14.02.2011 regarding issuance oflicencesfor Value Added Special Yarn/Technical Yarn.
Serial No. 3(ii) ofPolicy Circular No. 20(RE-2010)/200...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 512
|
|
Eligibility of tufted cotton bathmats/cotton tufted bathrugs covered under ITC (HS) Codes 5703 or 5705 for grant of duty credit scrip under VKGUY/FPS of FTP
Posted Date : 09-Jun-2011 , 07:32:05 pm | Posted By: CASANSAAR
GOVERNMENT OFINDIADEPARTMENT OF COMMERCEDIRECTORATE GENERAL OF FOREIGN TRADEUDYOG BHAWAN, NEW DELHI-110011Policy Circular No. 23/RE(2010)/2009-14, Dated:21stFebruary, 2011
ToAll Regional Authorities.
Sub:Eligibility of tufted cotton bathmats/cotton tuftedbathrugscovered under ITC(HS) Codes 5703 or 5705 for grant of duty credit scrip under VKGUY/FPS ofFTP.
Policy Circular 21/2009-14 dated 12.1.2010 clarified how the cases of exports of cotton bathmats/rugs covered under ITC (HS) Codes 57...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 726
|
|
Online Payment to the beneficiaries (firms) for their DBK/TED refund claims, by RAs of DGFT
Posted Date : 08-Jun-2011 , 09:02:58 pm | Posted By: CASANSAAR
MINISTRY OF COMMERCEDIRECTORATE GENERAL OF FOREIGN TRADEUDYOG BHAWAN:NEW DELHIDated:21-02-2011Policy CircularNo. 22(RE-2010)/(2009-14)
Sub: -Online Payment to the beneficiaries (firms) for theirDBK/TED refund claims, by RAs of DGFT.
Regional Authorities (RAs) of DGFT disburses deemed export drawback and terminal excise duty as per provisions of FTP and HBP Vol. I. In order to facilitate this process and faster disbursal of such claims, it has been now decided that payment of such claims, h...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 471
|
|
Prohibition on export of onion – Exemption for export of Bangalore Rose onions and Krishnapuram onions
Posted Date : 09-Jun-2011 , 02:03:26 am | Posted By: CASANSAAR
Government of IndiaMinistry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyog Bhawna, New Delhi-110011Policy Circular No.21(RE-2010)/2009-14, Dated 15th February, 2011
ToAll Regional AuthoritiesAll Customs AuthoritiesMembers of Trade
Subject: Prohibition on export of onion – Exemption for export of Bangalore Rose onions and Krishnapuram onions.
Export of Onions(all varieties including Bangalore Rose onions and Krishnapuram onions) excluding...
Continue Reading...
Category :
DGFT |
Comments :
0 | Hits : 659
|
|
|
|
