Notification & Circulars

Master Direction – Amalgamation of Private Sector Banks, Directions, 2016

Notification No#RBI/DBR/2015-16/22 21 April 2016

RBI/DBR/2015-16/22 Master Direction DBR.PSBD.No. 96/16.13.100/2015-16 April 21, 2016 Master Direction – Amalgamation of Private Sector Banks, Directions, 2016 In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 and pursuant to th..

Posted in Others

Provisioning pertaining to Fraud Accounts

Notification No#RBI/2015-16/376 18 April 2016

RBI/2015-16/376 DBR.No.BP.BC.92/21.04.048/2015-16 April 18, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Provisioning pertaining to Fraud Accounts Please refer to circular DBR.No.BP.BC.83/21.04.048/2014-1..

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Seeks to amend rule 6 sub-rule (2), of Service Tax (Determination of Value) Rules, 2006

Notification No#23 /2016-Service Tax 13 April 2016

[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. 23 /2016-Service Tax, New Delhi, the 13th April, 2016 G.S.R.____ (E).- In exercise of the po..

Posted in Service Tax

Seeks to amend sub-rule (7) of rule 4 & rule 6 of CENVAT Credit Rules, 2004

Notification No#24/2016- Central Excise (N.T.) 13 April 2016

Seeks to amend sub-rule (7) of rule 4 & rule 6 of CENVAT Credit Rules, 2004 Please refer to the attached file for details ..

Posted in Excise | 1 comments

Seeks to amend rule 7 of Point of Taxation Rules, 2011

Notification No#24 /2016-Service Tax 13 April 2016

[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. 24 /2016-Service Tax New Delhi, the 13th April, 2016 G.S.R.---(E).- In exercise of the ..

Posted in Service Tax

Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Notification No#54/2016-CUSTOMS (N. T.) 13 April 2016

Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver Please refer to the attached file for details ..

Posted in Custom

Acceptance of deposits by Indian companies from a person resident outside India for nomination as Director

Notification No#59 13 April 2016

RBI/2015-16/371 A.P. (DIR Series) Circular No.59 April 13, 2016 To All Authorised Dealer Banks Madam / Sir, Acceptance of deposits by Indian companies from a person resident outside India for nomination as Director Attention of Authorised De..

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Seeks to amend Notification No. 25/2012- Service Tax dated 20.06.2012, so as to exempt from Service Tax, certain services provided by Government or a local authority to business entity

Notification No#22/2016-Service Tax 13 April 2016

[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. 22/2016-Service Tax New Delhi, the 13th April, 2016 G.S.R..(E).-In exercise of the po..

Posted in Service Tax

Clarification on issues regarding levy of Service Tax on the services provided by Government or a local authority to business entities

Notification No#192/02/2016-Service Tax 13 April 2016

Clarification on issues regarding levy of Service Tax on the services provided by Government or a local authority to business entities Please refer to attached file for details ..

Posted in Service Tax