Daily Archives: November 25, 2016

Mate receipt abolished for containerised cargo

By | November 25, 2016
0 Comment

F. No. 450/221/2014-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Room No. 227B, North Block, New Delhi Circular No. 56/2016-Customs dated the 24’h November, 2016 To, Principal Director General/Director General, Directorate of Revenue Intelligence, All Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive) All Principal Chief Commissioners/Chief Commissioners… Read More »

Permitted payments with onlly old Rs 500 till 15.12.2016 + New additions

By | November 25, 2016
0 Comment

After due consideration of all relevant aspects, the Central Government takes various decisions relating to certain operational aspects of the Scheme relating to cancellation of legal tender character of old Rs. 500 and Rs. 1000 notes; No over the counter exchange of old Rs. 500 and Rs. 1000 notes after midnight of 24.11.2016;.Certain other exemptions… Read More »

Discontinuation of over the Counters Exchange of Rs 500 and Rs 1000 Bank Note : RBI

By | November 25, 2016
0 Comment

Discontinuation of over the Counters Exchange of SBN RBI/2016-17/155 DCM (Plg) No.1391/10.27.00/2016-17 November 24, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir, Discontinuation of over the Counters Exchange of SBN Please refer to our… Read More »

Subsidy Scheme -Revision of North East Industrial and Investment Promotion Policy 2007

By | November 25, 2016
0 Comment

MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION New Delhi, the 22nd November, 2016 Subject: Revision of North East Industrial and Investment Promotion Policy, 2007 for new industrial units No.10(3)/2007-DBA-II/NER.—The Government had approved a package of incentives and concessions to promote industrialization and investment in the North East Region (including Sikkim)… Read More »

Permissible payments with old bank note Date Extended till 15 Dec 2016 with new items added

By | November 25, 2016
1 Comment

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 24th November, 2016 S.O. 3544(E).— In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby further amends the notification of the Government of India, in the Ministry… Read More »

No Exchange of Old Bank Notes w.e.f 25.11.2016 – Govt Notification

By | November 25, 2016
1 Comment

No Exchange of Old Bank Notes w.e.f 25.11.2016 Now the Old Bank notes of Rs 500/ 1000 can not be exchanged in the Bank/ Post Office over the counter w.e.f 25.11.2016 . These Bank Notes can only be deposited in the Bank /Post office as the Govt of India has omitted the following caluse vide… Read More »