Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs(CBEC) No.36/2016-CUSTOMS (N.T.), dated 03rd March, 2016, except as respects things done or… Read More »
Central Board of Direct Taxes Circular No. 8/2016
Circular for Modification of Instruction with Fresh Guidelines and Procedures for dealing with Revenue Audit objections issued The guidelines and procedure for attending to objections raised in the course of audit of assessment work by the Comptroller and Auditor General of India (Revenue Audit) are laid down in the Instruction No of 2006 issued by… Read More »
Depot Online System to bring FCI foodgrain management and distribution online launched PDS will be totally transparent and leak proof within two years- Shri Ram Vilas Paswan Online System to automate all the operations of FCI depots launched here today by Shri Ram Vilas Paswan, Minister of Consumer Affairs, Food and Public Distribution.Capturing data… Read More »
Ravi Shankar Prasad dedicates Wi-Fi Hotspot at Vaishno Devi Union Minister for Telecom and Information Technology, Mr Ravi Shankar Prasad today dedicated 1000th WI-FI hot spot to the nation with the operationaliation of WI-FI facility at Mata Vaishno Devi Shrine. Speaking on the occasion, he said that as part of Government’s initiative to modernize BSNL… Read More »
Issue Assistant Commissioner, Department of Trade & Taxes, Government of National Capital Territory of Delhi (‘GNCTD’) (Respondent No. 2 herein) rejected the request made by the Petitioner for issuance of C-Forms in relation to the inter-state purchases made by the Petitioner during the third and fourth quarter of Financial Year (‘FY’) 2010-11. It is stated… Read More »
CENTRAL EXCISE (REMOVAL OF GOODS AT CONCESSIONAL RATE OF DUTY FOR MANUFACTURE OF EXCISABLE AND OTHER GOODS) (AMENDMENT) RULES, 2016 AMENDMENT IN RULES 1 & 4 AND INSERTION OF RULE 8 NOTIFICATION NO.22/2016-C.E. (N.T.), DATED 15-3-2016 In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) the… Read More »
Held Rule 9(3) which provides that the purchaser shall pay a deposit of 25% of the amount of the sale price on the sale of immovable property also indicates that the said provision is mandatory in nature. As regards balance amount of purchase price, sub-rule (4) provides that the said amount shall be paid by… Read More »
GUIDELINES ON POINT OF SALES PERSON – NON-LIFE & HEALTH INSURERS – ADDITION OF PRODUCTS CIRCULAR NO.IRDA/INT/GDL/ORD/047/03/2016, DATED 11-3-2016 Your attention is drawn to the Guidelines on Point of Sales Person for Non-life and Health Insurers issued vide No.IRDA/lnf/GDL/ORD/183/10/2015 dated 26th October, 2015. Vide the above guidelines, the Authority has introduced the concept of Point… Read More »
REGULATIONS ON PAYMENT OF COMMISSION, REMUNERATION OR REWARD TO INSURANCE AGENTS AND INSURANCE INTERMEDIARIES CIRCULAR NO.IRDA/INT/ORD/COMM/049/03/2016 DATED 15-3-2016 Consequent upon promulgation of Insurance Laws (Amendment) Act, 2015, amendments to the provisions of the Insurance Act, 1938 and the Insurance Regulatory and Development Authority Act, 1999 were effected. The following sections of the Insurance Act, 1938… Read More »