Notification & Circulars


“Set-off” of export receivables against import payables - Liberalization of Procedure

 Notification No#A.P. (DIR Series) Circular No. 47     17 November 2011

 RBI/2011-12/264 A.P. (DIR Series) Circular No. 47 November 17, 2011 To All Category – I Authorized Dealer Banks Madam/Sir, “Set-off” of export receivables against import payables- Liberalization of Procedure Attention of Authorized Dealer Category – I (AD Cate..

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RRBs - Payment of Cheques/Drafts/Pay Orders/Banker's Cheques

 Notification No#RPCD.CO RRB. AML.BC.NO. 31 /03.05.33(E)/2011-12     16 November 2011

 RBI/2011-12/260 RPCD.CO RRB. AML.BC.NO. 31 /03.05.33(E)/2011-12 November 16, 2011 The Chairmen All Regional Rural Banks (RRBs)   Dear Sir, Payment of Cheques/Drafts/Pay Orders/Banker's Cheques   In India, it has been the usual practice among bankers to make payment of on..

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Rescinds Notification No. 14/2007-Central Excise, dated the 1st March, 2007

 Notification No#Notification No. 40 /2011-Central Excise     16 November 2011

 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. 40 /2011-Central Excise   New Delhi, the 16th November, 2011     G.S.R. &nb..

Posted in Excise

FDI – Reporting of Issue / Transfer of ‘Participating Interest/Right’ in Oil Fields to a Non-Resident as an FDI Transaction

 Notification No#A.P. (DIR Series) Circular No. 45     16 November 2011

 RBI/2011-12/259 A.P. (DIR Series) Circular No. 45 November 16, 2011 To, All Category – I Authorised Dealer banks Madam / Sir, Foreign Direct Investment – Reporting of issue / transfer of ‘participating interest/right’ in oil fields to a non resident as an..

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Interest Rates on Export Credit in Foreign Currency

 Notification No#DBOD.DIR.No. 52 /04.02.001/2011-12     15 November 2011

 RBI/2011-12/258 DBOD.DIR.No. 52 /04.02.001/2011-12 November 15, 2011 All Scheduled Commercial Banks Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.(Exp).No.76/04.02.001/2009-10 dated February 19, 2010 as also paragra..

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Trade Credits for Imports into India – Review of all-in-cost ceiling

 Notification No#A. P. (DIR Series) Circular No. 44     15 November 2011

 RBI/2011 -12/257 A. P. (DIR Series) Circular No. 44 November 15, 2011 To, All Category - I Authorised Dealer Banks Madam / Sir, Trade Credits for Imports into India – Review of all-in-cost ceiling Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to ..

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MCA - Establishment of ROC-cum-OL offices

 Notification No#S.O. _______(E)     13 November 2011

 [PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB SECTION (ii)] GOVERNMENT OF INDIA Ministry of Corporate Affairs Notification New Delhi, dated the 13th Nov, 2011     S.O. _______(E). – In exercise of the powers conferred by sub-sections (1) and..

Posted in Corporate Law

Participation of mutual funds in repo in corporate debt securities

 Notification No#CIR / IMD / DF / 19 / 2011     11 November 2011

 CIRCULAR CIR / IMD / DF / 19 / 2011 November 11, 2011   All Mutual Funds/Asset Management Companies   Sir / Madam,   Sub: Participation of mutual funds in repo in corporate debt securities   1. The Reserve Bank of India, vide notification no.IDMD.DO..

Posted in Shares & Stock

Regarding Customs Tariff classification of TV Tuners used with ADP machines of Harmonised Customs Tariff 8471

 Notification No# Circular No. 52/2011-Customs     11 November 2011

 Circular No. 52/2011-Customs   F. No. 528/122/2011-STO (TU) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs   229A, North Block, New Delhi, 11th November, 2011.   To   ..

Posted in Custom

RRBs - Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account

 Notification No#RBI/2011-12/256     11 November 2011

RBI/2011-12/256 RPCD.CO.RRB.BC.No. 30 /03.05.33/2011-12 November 11, 2011   The Chairmen  All Regional Rural Banks (RRBs)   Dear Sir,   Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account   Please refer to our circular&..

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