Fw: TaxGuru : “Customs – Rate of exchange of conversion of each of the foreign currency WEF July 05, 2013” plus 7 more

Customs – Rate of exchange of conversion of each of the foreign currency WEF July 05, 2013 Posted: 04 Jul 2013 07:50 PM PDT Notification  No.70/2013-Customs (N.T.) DATED THE 4th July, 2013 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 the notification of the Government of India in the Ministry of Finance (Department of Revenue)...

Writing off of arrears of Central Excise duty, Customs duty and Service Tax – Constitution of Committees to advise the authority for writing off of arrears-reg Posted: 04 Jul 2013 07:47 PM PDT With this amendment, the authorities competent to write-off the arrears of Central Excise and the Commissioner of Service Tax are also delegated powers to write-off the arrears of Service Tax as well. Consequently, the constitution of the Committees for examining the proposals for write-off of...

Checklist for Registration under MVAT/CST/PT and Central Excise Posted: 04 Jul 2013 06:17 PM PDT Atul Kumar A.    PT/VAT/CST 1)      Date on which Turnover limit exceeded [not required in case of Voluntary Registration] 1.      Sales 1.      Date of Sale 2.      Bill No. 3.      Name & Address of the vendor 4.      Name of Commodity 5.      Amount (Rs.) 2.      Purchases 1.      Date of...

Risk Management and Inter-Bank Dealings- Liberalization of documentation requirements for resident entities in Indian Forex Market Posted: 03 Jul 2013 07:56 PM PDT In view of the recommendations of the Technical Committee on Services / Facilities for the Exporters (Chairman: Shri G. Padmanabhan, Executive Director, Reserve Bank of India) regarding rationalization of the documentation process

Payment of interest on overdue public deposits freezed on the orders of enforcement authorities Posted: 03 Jul 2013 07:54 PM PDT Kindly refer to clause (10) of paragraph 4 of Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2007. NBFCs are at times required to freeze the term deposits of customer based on the orders of the enforcement authorities or the deposit receipts are seized by...

Guidelines for calculation of total foreign investment in Indian companies, transfer of ownership and control of Indian companies and downstream investment by Indian companies Posted: 03 Jul 2013 11:56 AM PDT The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, Government of India had, vide Press Notes 2 and 3 (2009 series) dated February 13, 2009, issued guidelines for calculation of total foreign investment, i.e., direct and indirect foreign investment in...

Seeks to levy anti-dumping duty imposed on imports of 'Poly Vinyl Chloride Resin, originating in, or exported from, European Union Posted: 02 Jul 2013 07:51 PM PDT Notification No. 15/2013-Customs (ADD) New Delhi, the 3rd July, 2013 G.S.R.  (E).- Whereas, in the matter of levy of  anti-dumping duty on Poly Vinyl Chloride Paste Resin also called as PVC Emulsion Resin (hereinafter referred to as the subject goods), falling under sub-heading 3904 22  10 of the...

Seeks to impose anti-dumping duty on imports of 'Acetone', exported from M/s Chang Chun Plastics Co Ltd, Chinese Taipei Posted: 02 Jul 2013 07:50 PM PDT  Seeks to impose anti-dumping duty on imports of 'Acetone', exported from M/s Chang Chun Plastics Co Ltd, Chinese Taipei  and were subjected to provisional assessment by order vide notification No. 44/2011-Customs, dated the 27th May, 2011 Notification No. 14/2013-Customs (ADD) . New Delhi, dated...