Notification & Circulars

Trade Credits for Imports into India – Review of all-in-cost ceiling

Notification No#RBI/2011-12/479 30 March 2012

RBI/2011-12/479 A. P. (DIR Series) Circular No. 100 March 30, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, Trade Credits for Imports into India – Review of all-in-cost ceiling Attention of Authorized Dealer Category-I (AD Category-I) banks i..

Posted in Others

Interest Rates on Export Credit in Foreign Currency

Notification No#RBI/2011-12/480 30 March 2012

RBI/2011-12/480 DBOD.DIR.No.91/04.02.001/2011-12 March 30, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.No.52/04.02.001/2011-12 dated November..

Posted in Others

Exemptions from 100% promoter(s) holding in demat form

Notification No#SEBI/Cir/ISD/ 1 /2012 30 March 2012

SEBI/Cir/ISD/ 1 /2012 March 30, 2012 To, All the Recognized Stock Exchanges, Dear Sir/Madam, Sub: Exemptions from 100% promoter(s) holding in demat form 1. This is further to SEBI circulars SEBI/Cir/ISD/3/2011 dated June 17, 2011 and SEBI/Cir..

Posted in Shares & Stock

Income-tax (Fourth Amendment Rules, 2012 – Depreciation restricted to 15% on wind mills installed after 31-3-2012

Notification No#15/2012 [F.No.149/21/2010-SO(TPL)] S.O.694(E) 30 March 2012

Income-tax (Fourth Amendment Rules, 2012 – Depreciation restricted to 15% on wind mills installed after 31-3-2012 Notification No. 15/2012 [F.No.149/21/2010-SO(TPL)] S.O.694(E) Dated 30-3-2012 In exercise of the powers conferred by section 295 o..

Posted in Income Tax

Discontinuation of Supplying Printed GR forms by Reserve Bank

Notification No#RBI/2011-12/477 30 March 2012

RBI/2011-12/477 A. P. (DIR Series) Circular No. 98 March 30, 2012 To, All Category – I Authorised Dealer Banks Madam / Sir, Discontinuation of Supplying Printed GR forms by Reserve Bank Attention of Authorised Dealer Category – I banks is invited to&..

Posted in Others

Clarification Regarding Mega Power Project (MPP) exemption – reg.

Notification No#Circular No. 963/06/2012-CX 29 March 2012

Circular No. 963/06/2012-CX F.No.101/9/2011-CX.3 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi, the, 29th March, 2012 To All Chief Commissioner..

Posted in Excise

Regarding refund of 4% CVD (SAD)-Extension of time upto 30th June 2012, for using re-credited 4% CVD (SAD) amount in DEPB

Notification No#Circular No.10/2012-Customs 29 March 2012

Circular No.10/2012-Customs F.No.401/16/2012-Cus.III Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs North Block, Room No. 253-A, New Delhi, the 29th March 2012. To, All Chief Commissioners of Customs/Customs (P..

Posted in Custom

Clarification on Point of Taxation Rules - regarding

Notification No#Circular No.154/5/ 2012 – ST 28 March 2012

Circular No.154/5/ 2012 – ST FNo 334/1/2012- TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit Room No 146, North Block, New Delhi Dated: 28th March 2012 To Chief Commissioner of Customs and C..

Posted in Service Tax

Payment of arrears from Cenvat Credit earned at a later date

Notification No#Circular No.962/05/2012-CX 28 March 2012

Circular No.962/05/2012-CX F.No.267/96/2009-CX8 Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Customs) New Delhi, dated the 28th March, 2012 To, All Director Generals, All Chief Commissioner..

Posted in Excise

Rate of exchange of conversion of each of the foreign currency with effect from 1st April, 2012

Notification No#Notification No. 26 / 2012 - Customs (N.T.) 28 March 2012

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS Notification No. 26 / 2012 - Customs (N.T.) Dated 28th March, 2012..

Posted in Custom