Daily Archives: May 19, 2016

Anti-dumping duty on Seamless tubes, pipes & hollow profiles of iron, alloy or non-alloy stee

By | May 19, 2016

Seeks to levy provisional anti-dumping duty on Seamless tubes, pipes & hollow profiles of iron, alloy or non-alloy steel (other than cast iron and stainless steel), whether hot finished or cold drawn or cold rolled of an external diameter not exceeding 355.6 mm or 14’’ OD, originating in or exported from China PR, for a… Read More »

Excise duty on jewellery,Trade representatives in Committee

By | May 19, 2016

Circular, nominating trade representatives in the 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 F.No. 354/25/2016-TRU 18-05-2016 Read Circular No 1030/18/2016-CX Related Post Govt framed committee for excise duty on Jewellery Govt Committee on issues of excise duty on Jewellery Govt… Read More »

MVAT (Amendment) Rules 2016

By | May 19, 2016

Maharashtra Value Added Tax Rules, 2005 NOTIFICATION NO.VAT.1516/C.R. 53/TAXATION-1, DATED 1-4-2016 Whereas, the Government of Maharashtra is satisfied that circumstances exist which render it necessary to take immediate action further to amend the Maharashtra Value Added Tax Rules, 2005 and to dispense with the condition of previous publication thereof under the proviso to sub-section (4)… Read More »

Arbitral tribunal Service to business entity taxable under reverse charge mechanism

By | May 19, 2016

Reverse charge mechanism for services provided by arbitral tribunals and individual arbitrators on the arbitral tribunal CIRCULAR NO.193/03/2016-ST, DATED 18-5-2016 It has come to the notice of the Board that there is some confusion regarding the legal position with respect to continuance of reverse charge mechanism for services provided by arbitral tribunals and individual arbitrators… Read More »

Corporate Governance for insurers in India :IRDA Guidelines

By | May 19, 2016

Ref:IRDA/F&A/GDL/CG/100/05/2016 Date:18-05-2016 The Authority had initially issued Guidelines on Corporate Governance for insurance companies vide circular dt. 5th August, 2009. The Authority had also issued separate guidelines for appointment/ reappointment and remuneration of MD/CEO/ WTD as well as other Key Management Persons (KMPs), as also the Appointment of statutory auditors of insurers through various circulars.… Read More »

IRDA Expenses of Management of Insurers transacting General or Health Insurance business Regulations 2016

By | May 19, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART III —SEC. 4] INSURANCE REGUALTORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 27th April, 2016 Insurance Regulatory and Development Authority of India (Expenses of Management of Insurers transacting General or Health Insurance business) Regulations, 2016 F.No. IRDAI/Reg./12/124/2016.—In exercise of the powers conferred by clause (je) of sub-section… Read More »

IRDA Assets, Liabilities, and Solvency Margin of Life Insurance Business Regulations 2016

By | May 19, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 13th April, 2016 Insurance Regulatory and Development Authority of India (Assets, Liabilities, and Solvency Margin of Life Insurance Business) Regulations, 2016 F. No. IRDAI/Reg/9/121/2016.—In exercise of the powers conferred by clauses (y), (z), (za) and (zab)… Read More »

IRDA Appointment of Insurance Agents Regulations 2016

By | May 19, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 15th April, 2016 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (APPOINTMENT OF INSURANCE AGENTS) REGULATIONS, 2016 F. No. IRDAI/Reg/11/123/2016 – In exercise of the powers conferred by section 114A of the Insurance Act, 1938 (4 of… Read More »

DVATMsewa App for registration of dealers under DVAT and CST

By | May 19, 2016

CIRCULAR NO.6 OF 2016-17 [NO.F.3(521)/POLICY/VAT/2015/221-26] DATED 17-5-2016 New technological developments, especially in the field of Information Technology have ushered a new era of providing instant, hassle-free services to citizens without human interface. Using the latest technology advancements, the Department of Trade and Taxes has developed a mobile application DVATMsewa to provide various services to traders.… Read More »