Notification & Circulars

Notification to prescribe 6% concessional excise/CV duty

Notification No#5/2017- Central Excise 02 February 2017

Seeks to prescribe 6% concessional excise/CV duty on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen. GOVER..

Posted in Excise

The CENVAT Credit (Amendment) Rules, 2017

Notification No#4/2017- Central Excise (N.T.) 02 February 2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department Of Revenue) Notification No. 4/2017- Central Excise (N.T.) New Delhi, the 2nd February, 2017 G.S.R._(E).– In exercise of the powers conferred by section 37 of the Central Excise Act,1944 (1 of 1944) and section 94 of ..

Posted in Excise

Notification to reduce Basic Customs Duty from 10/7.5 % to 5% on all items of machinery

Notification No#5 / 2017 – Customs 02 February 2017

Seeks to reduce Basic Customs Duty from 10/7.5 % to 5% on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen. GO..

Posted in Union Budget

Notification to carry out Budgetary changes

Notification No#6/2017-Customs 02 February 2017

Seeks to further amend Notification No. 12/2012-Customs, dated the 17.3.2012 so as to carry out Budgetary changes. Details are contained in Joint Secretary (TRU – I) DO letter dated 31.1.2017. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification ..

Posted in Custom

Consolidation and re-issuance of debt securities issued under the SEBI (Issue and Listing of Debt Securities) Regulations, 2008

Notification No#2.2.2017 02 February 2017

CONSULTATION PAPER Consolidation and re-issuance of debt securities issued under the SEBI (Issue and Listing of Debt Securities) Regulations, 2008 A. Market Structure of corporate bonds: The development of the primary market in corporate bond has been important part of the reform pr..

Posted in Shares & Stock

Seeks to further amend Notification No. 21/2012-Customs, dated the 17.03.2012 so as to specify the rate of additional duty of customs leviable under sub-section 3(5) of Customs Tariff Act, 1975 for it

Notification No#4 / 2017 - Customs 02 February 2017

Seeks to further amend Notification No. 21/2012-Customs, dated the 17.03.2012 so as to specify the rate of additional duty of customs leviable under sub-section 3(5) of Customs Tariff Act, 1975 for items specified therein. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Rev..

Posted in Custom

DVAT - Framing of Central Assessments

Notification No#22 2016-17 02 February 2017

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES POLICY BRANCH VYAPAR BHAWAN: I.P.ESTATE: NEW DELHI-02 No.F.3(636)/Policy/VAT/2016/ 1114-20 Dated:- 2.2.17 CIRCULAR 22 2016-17 Sub :- Framing of Central Assessments ..

Posted in VAT

Custom budget Notification No 03/17 - 06/17

Notification No#Custom budget N/No 03/17 - 06/17 02 February 2017

Notification No. 03/2017-Customs Notification No. 04/2017-Customs Notification No. 05/2017-Customs Notification No. 06/2017-Customs ..

Posted in Union Budget

Seeks to amend notification No. 25/2012-Service Tax, dated 20th June 2012

Notification No#07/2017-Service Tax 02 February 2017

Seeks to amend notification No. 25/2012-Service Tax, dated 20th June 2012, so as to amend certain existing entries granting exemption on specified services and inserting new entries for granting exemption from service tax on specified services. GOVERNMENT OF INDIA MINISTRY OF FINANCE ..

Posted in Service Tax

Seeks to further amend Notification No. 27/2011-Customs dated 1.3.2011

Notification No#3/2017-Customs 02 February 2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 3/2017-Customs New Delhi, the 2nd February, 2017 G.S. R. (E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central G..

Posted in Custom