Notification & Circulars

Commencement of limitation for penalty proceedings under sections 271D and 271E of the Income-tax Act, 1961

Notification No#09/DV/2016 26 April 2016

Commencement of limitation for penalty proceedings under sections 271D and 271E of the Income-tax Act, 1961 Please refer to the attached file for details ..

Posted in Income Tax

Seeks to amend notification No. 12/2012-Customs dated 17.03.2012 to prescribe simplified procedure for units engaged in Maintenance, Repair and Overhaul of aircrafts

Notification No#29/2016-Customs 26 April 2016

Seeks to amend notification No. 12/2012-Customs dated 17.03.2012 to prescribe simplified procedure for units engaged in Maintenance, Repair and Overhaul of aircrafts. Please refer to the attached file for details ..

Posted in Custom

Withdrawal of Circulars/Instruction on excisability of bagasse, aluminium/ zinc dross

Notification No# 1027/15/2016-CX 25 April 2016

Withdrawal of Circulars/Instruction on excisability of bagasse, aluminium/ zinc dross Please refer to the attached file for details ..

Posted in Excise

ST3 returns filing due date extended to 29th April

Notification No#01/2016-Service Tax 25 April 2016

ST3 returns filing due date extended to 29th April Please refer to the attached file for details ..

Posted in Service Tax

Regarding extension of time limit for taking Central Excise registration by a jewellery establishment and payment of central excise duty for the assessee jeweller

Notification No#1026/14/2016-CX 23 April 2016

Regarding extension of time limit for taking Central Excise registration by a jewellery establishment and payment of central excise duty for the assessee jeweller. Please refer to the attached file for details ..

Posted in Excise

Regarding constitution of sub-committee of the High level Committee on the issue of imposition of Central Excise duty on articles of jewellery in the Union budget 2016-17

Notification No#1025/13/2016-CX 22 April 2016

The Central Government has set-up a Sub Committee under Dr. Ashok Lahiri, to interact with the trade and industry on the imposition of Central Excise Duty on jewellery. The Committee comprises of the following members: 1. Shri Gautam Ray 2. Shri Rohan Shah, Legal Expert 3. Shr..

Posted in Excise

Rate of exchange of conversion of the foreign currency with effect from 22nd April, 2016

Notification No#55/2016 - Customs (N.T.) 21 April 2016

Rate of exchange of conversion of the foreign currency with effect from 22nd April, 2016 Please refer to the attached file for details ..

Posted in Custom | 1 comments

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 Community & General

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..

Posted in Community & General

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