Notification & Circulars


Aircraft (Amendment) Bill

 

NEW DELHI: A bill to enhance powers of Directorate General of Civil Aviation, increase penalties for violation of aviation laws and ensure proper safeguards in safety and security areas was passed by Lok Sabha on Monday. The Aircraft (Amendment) Bill, 2006 was passed by a voice vote without any disc..

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Guidelines for Overseas Investments by Venture Capital Funds

 

  CIRCULAR NO. SEBI/VCF/CIR NO. 1/ 98645 /2007, DATED 9-8-2007 1.      SEBI registered Venture Capital Fund (VCFs) are permitted to invest in securities of foreign companies in terms of regulation 12(ba) of the SEBI (Venture Capital Funds) Regulations 1996. Reserve Ba..

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Future approach towards monitoring of frauds in NBFCs

 

CIRCULAR NO. DNBS.PD.CC. NO. 106 /03.10.42/2005-06, DATED 4-9-2007   Please refer to Company Circular 59 dated October 26, 2005 on the captioned subject. It was advised in terms of paragraph 3.1.4 thereof that FMR-1, in cases where the amount involved in fraud is Rs 25 lakhs and above shall..

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Future approach towards monitoring of frauds in NBFCs

 

CIRCULAR NO. DNBS.PD.CC. NO. 106 /03.10.42/2005-06, DATED 4-9-2007   Please refer to Company Circular 59 dated October 26, 2005 on the captioned subject. It was advised in terms of paragraph 3.1.4 thereof that FMR-1, in cases where the amount involved in fraud is Rs 25 lakhs and above shall..

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Retired Custom Officers

 

 NOTICE Retired officers of Indian Customs And Central Excise Service who are interested to be engaged / empanelled as Special Counsel to represent the department before CESTAT/Settlement Commission and other quasi-judicial authorities , may send their applications complete with the..

Posted in Custom

Anti-Dumping Duty

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]                                   ..

Posted in Custom

State files SLP against entry tax judgment

 

State files SLP against entry tax judgment The Supreme Court on Wednesday issued notice to ITC Ltd on a special leave petition filed by the Tamil Nadu Government against a Madras High Court judgment that declared “illegal and unconstitutional,” the collection of entry tax under the Tamil Nadu Tax o..

Posted in VAT

VAT on carpets a setback to exporters in Kashmir: CCEPC

 

VAT on carpets a setback to exporters in Kashmir: CCEPC Urging Union Textile and Commerce ministry to exempt the carpet industry from VAT and Sales Tax, Chairman Carpet Export Promotion Council (CEPC), Ashok Jain Friday said the imposition of tax was a “set back” for the carpet exporters in Kashmir..

Posted in VAT

Notification No.39/2007 - Service Tax

 

[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.39/2007 - Service Tax New Delhi, the 12th September, 2007 22 Bhadrapada, 1929 (Saka)   G...

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Related to Exporters and Export of Goods

 

NOTIFICATION NO. 40/2007-SERVICE TAX, DATED 17-9-2007   In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable servi..

Posted in Service Tax