Notification & Circulars

Asset Classification Norms for Infrastructure Projects

RBI 2008-09/283DBOD.No.BP.BC. 84 /21.04.048/2008-09 November 14, 2008 All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sirs, Asset Classification Norms for Infrastructure Projects under Implementation Please refer to the paragraph 4.2.18 (iv) of the Master Circular DBOD.No...

Posted in Community & General

Notification No.32/2008-Service Tax

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, IN PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2008 Notification No.32/2008-Service Tax G.S.R. (E).- In exerci..

Posted in Service Tax

Relaxation of ban for export of non-basmati rice

Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade New Delhi Policy Circular No. 38 (RE- 08) 2004-09 20th N..

Posted in Community & General

REVERSAL OF CENVAT CR IN CASE OF TRADE DISCOUNT

CLARIFICATION REGARDING REVERSAL OF CENVAT CREDIT IN CASE OF TRADE DISCOUNT CIRCULAR NO. 877/15/2008-CX, DATED 17-11-2008 Representations have been received from trade and industry seeking clarification on the issue whether proportionate credit should be reversed in cases where a manufacturer a..

Posted in Service Tax

Establishment of Connectivity with depositories NSDL & CDSL

Chief General Manager Market Regulation Department-Division of Policy E-mail: mdrao@sebi.gov.in MRD/DoP/SE/Cir -32/2008 November 21, 2008 The Executive Directors/Managing Directors of all Stock Exchanges Dear Sir/Madam, Sub: Establishment of Connectivity with both depositories NSDL and CDS..

Posted in Investments & Personal Finance

Guidelines on Fair Practices Code for Lenders

RBI / 2008-09 / 296DBOD.No.Leg.BC. 86 /09.07.005/2008-09 November 25, 2008 All Scheduled Commercial Banks / All India Financial Institutions(Excluding RRBs) Dear Sir, Guidelines on Fair Practices Code for Lenders- Disclosing all information relating to processing fees / charges Please refer to..

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Instructions regarding Large Taxpayer Unit

Circular No.878/16 /2008-CX F.No. 201/19/2007-CX-6 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs *** New Delhi dated 21st November , 2008 To The Chief C..

Posted in Custom

Buyback / Prepayment of Foreign Currency Convertible Bonds (

RBI/2008-09/317 A. P. (DIR Series) Circular No. 39 December 08, 2008 To, All Category - I Authorised Dealer Banks Madam / Sir, Buyback / Prepayment of Foreign Currency Convertible Bonds (FCCBs) Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to Regulation No...

Posted in Community & General

Liquidity Adjustment Facility – Repo and Reverse Repo Rates

RBI/2008-2009/312FMD.MOAG. No. 31/01.01.01/2008-09 December 8, 2008 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As already announced on December 6, 2008, the Reserve Bank, on a review of the e..

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MEMORANDUM OF INSTRUCTIONS FOR OPENING AND MAINTENANCE OF RS

MEMORANDUM OF INSTRUCTIONS FOR OPENING AND MAINTENANCE OF RUPEE/FOREIGN CURRENCY VOSTRO ACCOUNTS OF NON-RESIDENT EXCHANGE HOUSES A. P. (DIR SERIES) CIRCULAR NO. 37, A.P. (FL/RL SERIES) CIRCULAR NO. 02, DATED 02-12-2008 Attention of Authorized Dealer Category - I (AD Category-I) ban..

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