Notification & Circulars


Introduction of Risk Management Systems (RMS) in Exports – regarding

 Notification No#Circular No. 23/2013 - Customs     24 June 2013

Circular No. 23/2013 - Customs F.No.450/28/2011-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs *** New Delhi, Dated 24th June, 2013   To All Chief Commissioners of Customs/Customs (Prev) All..

Posted in Custom

The Central Government hereby appoints Finance Act, 2013 (17 of 2013) the 1st day of July, 2013

 Notification No#45/2013:     19 June 2013

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 19 June, 2013 NOTIFICATION   S.O. 1768 (E).- In exercise of the powers conferred by sub-section (2) of section 115 of the Finance Act, 2013 (17 of 2013), the Central Government hereby appoi..

Posted in Income Tax  1 comments

Commodities Transaction Tax Rules, 2013

 Notification No#46/2013     19 June 2013

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 19 June, 2013 NOTIFICATION COMMODITIES TRANSACTION TAX RULES, 2013   S.O. 1769 (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 133 of the Finance Act, 2..

Posted in Income Tax

Prudential Norms for Off-balance Sheet Exposures of Banks – Deferment of Option Premium

 Notification No#RBI/2012-13/535     18 June 2013

RBI/2012-13/535 DBOD.No.BP.BC.102/21.04.157/2012-13   June 18, 2013   The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs) & All India Term-Lending & Refinancing Institutions &nb..

Posted in Others

Income Tax Rules 1962-Amendment in Rule 12 & Substitution of Forms ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 and ITR-7

 Notification No#42/2013/ F.No.142/5/2013-TPL     11 June 2013

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 11th day of June, 2013 Income-tax   S.O.1513(E).─ In exercise of the powers conferred by section 295 of the Incometax Act, 1961 (43 of 196..

Posted in Income Tax  1 comments

Export of Goods and Services - Realization and Repatriation period for units in Special Economic Zones (SEZ)

 Notification No#RBI/2012-13/527     11 June 2013

RBI/2012-13/527 A.P. (DIR Series) Circular No. 108 June 11, 2013   To, All Category - I Authorised Dealer Banks   Madam / Sir,   Export of Goods and Services- Realization and Repatriation period for units in Special Economic Zones (SEZ)  ..

Posted in Others

NBFCs not to be Partners in Partnership Firms – Clarifications

 Notification No#RBI/2012-13/526     11 June 2013

RBI/2012-13/526 DNBS.PD/CC.No. 328/03.02.002/2012-13 June 11, 2013   All NBFCs Dear Sir,   NBFCs not to be Partners in Partnership Firms- Clarifications   NBFCs were advised vide CC No. 214/03.02.002/2010-11 dated March 30, 2011 that they..

Posted in Others

Amendments in Rules 10A, rule 10AB, rule 10B, rule 10C, rule 10D, rule 10E and Substitution Of Form NO.3CEB - Income-tax Rules, 1962

 Notification No#41/2013/ F.No.142/42/2012-TPL     10 June 2013

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 10th June, 2013 INCOME-TAX   S.O 14..

Posted in Income Tax

Legal Audit of title documents in respect of large value loan accounts

 Notification No#RBI /2012-13/524     07 June 2013

RBI /2012-13/524 DBS.FrMC.BC.No.7/23.04.001/2012-13   June 07, 2013   The Chairmen & Chief Executive Officers of all Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions   Dear Sir/Madam,   Lega..

Posted in Others

Rate of Customs duty on import of gold has been increased from 6% to 8% w.e.f. 05.06.2013

 Notification No#Notification No. 31/2013-Customs     05 June 2013

[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. 31/2013-Customs New Delhi, the 5th June, 2013 ..

Posted in Custom