Notification & Circulars

Regarding Roll out of Express Cargo Clearance System (ECCS) at Courier Terminal, Sahar, Mumbai

Notification No#58/2016-Customs 02 December 2016

Circular No. 58/2016-Customs F. No. 450/221/2016-Cus IV GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS NEW DELHI Dated: December 2, 2016 To All Principal Chief Commissioners/ Chief Commissioners of Customs/ Customs (Prev..

Posted in Custom

Withdrawal of Legal Tender from SBNs: RBI cautions against Information received on Unsecured/Unofficial Channels

Notification No#2016-2017/1382 01 December 2016

In the wake of withdrawal of legal tender character from the Specified Bank Notes (SBNs), the Reserve Bank of India has, from time to time, been issuing instructions to the banks which are sent directly to banks through an official mail. These are also placed on the Reserve Bank’s of..

Posted in Community & General

Financing of Infrastructure – ‘Definition of 'Infrastructure Lending'

Notification No#42/08.12.014/2016-17 01 December 2016

RBI/2016-17/168 DBR.BP.BC.No.42/08.12.014/2016-17 December 1, 2016 All Scheduled Commercial Banks (Excluding RRBs) All India Term-Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Madam/Dear Sir, Financing of Infrastructure &n..

Posted in Community & General

Notification No. 111/2016/F. No.196/23/2015-ITA-I / S.O. 3607(E)

Notification No#111/2016 01 December 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 1st December, 2016 S.O. 3607(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961) the Central Government..

Posted in Income Tax

Seeks to futher amend notification No. 12/2012-Customs dated 17th March, 2012, so as to withdraw CVD exemption on gold coins having gold content not below 99.5%, and gold findings

Notification No#59/2016 - Customs 01 December 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. 59/2016 - Customs New Delhi, the 1 st December, 2016 G.S. R. (E). — In exercise of the..

Posted in Custom

Regarding guidelines for the sale of seized/ confiscated gold

Notification No#57/2016-Customs 01 December 2016

Circular No. 57/2016-Customs F. No. 711/04/2011-CUS (AS) Government of India Ministry of Finance Department of Revenue Anti Smuggling Unit (CBEC) Room No. 512, 5th Floor, Hudco Vishala Building, R. K. Puram, New Delhi. Dated 01.12.2016 To All Pri..

Posted in Custom

Seeks to further amend notification No. 12/2012-Central Excise dated 17th March, 2012, in respect to the excise duty exemption on branded gold coins of purity 99.5% and above.

Notification No#36/2016 – Central Excise 01 December 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. 36/2016 – Central Excise New Delhi, the 1st December, 2016 G.S.R. (E). – In exe..

Posted in Excise | 1 comments

Encouraging usage of Debit Cards among Government employees

Notification No#25 (30)/E.Coord/2016 01 December 2016

IMMEDIATE F.No. 25 (30)/E.Coord/2016 Ministry of Finance Department of Expenditure New Delhi, 01st December 2016 OFFICE MEMORANDUM Subject: Encouraging usage of Debit Cards among Government employees In the recent years advancements in..

Posted in Community & General

Rate of exchange of conversion of the foreign currency with effect from 2nd December, 2016

Notification No#145/2016 - Customs (N.T.) 01 December 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.145/2016 - Customs (N.T.) New Delhi, dated the 1st December, 2016 10 Agrahayana, 1938 (SAKA) In exercise of the powers conferred by section 14 of..

Posted in Custom

Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016

Notification No#IBBI/2016-17/GN/REG004 30 November 2016

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 30th November, 2016 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSONS) REGULATIONS, 2016 IBBI/2016-17/GN/REG004.—In exercise of the powers conferred under ..

Posted in Corporate Law