Notification & Circulars


RE-ALLOCATION OF DEBT INVESTMENT LIMIT DT 19.11.08

 

RE-ALLOCATION OF DEBT INVESTMENT LIMIT PRESS RELEASE NO. 265/2008, DATED 19-11-2008 The enhanced debt limits in corporate debts category were allocated to entities on October 22, 2008. After assessment of the utilization, the unutilized debt limits are being re-allocated to entit..

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NOTIFICATION NO. 95/2008, DATED 1-10-2008

 

SECTION 35(1)(II) OF THE INCOME-TAX ACT, 1961 - SCIENTIFIC RESEARCH EXPENDITURE - APPROVED SCIENTIFIC RESEARCH ASSOCIATIONS/INSTITUTIONS NOTIFICATION NO. 95/2008, DATED 1-10-2008 It is hereby notified for general information that the organization National Health & Education Society, (P.D. Hin..

Posted in Income Tax

Operations of Foreign Branches and Subsidiaries - Compliance

 

Operations of Foreign Branches and Subsidiaries - Compliance with statutory norms, etc. RBI/2008-09/302 DBOD.No.BP.BC.89 /21.04.141/2008-09 December 1, 2008 All Scheduled Commercial Banks (excluding Local Area Banks and Regional Rural Banks) Dear Sir, Operations of foreign branches an..

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Amendments in Sch-I (Imports) of the ITC(HS) Classification

 

OTIFICATION NO. 63/2008, DT. 21/11/2008 Amendments in Schedule-I (Imports) of the ITC(HS) Classifications (7208) S.O. (E) - In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy – 2004-09, th..

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CIRCULAR NO. IMD/FII&C/34/2008, DATED 20-10-2008

 

LENDING OF SECURITIES BOUGHT IN THE INDIAN MARKET SEBI has reviewed the data submitted by the foreign institutional investors in pursuance of our circular no.32, dated October 16, 2008. SEBI disapproves of the activity of the foreign institutional investors lending shares abroad. The facility o..

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Amendments in Handbook of Procedures, Vol. I (RE 2008)

 

  GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 117 (RE-2008)/2004-2009 NEW DELHI, DATED THE 16th December 2008   In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2..

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MEMORANDUM OF INSTRUCTIONS FOR OPENING AND MAINTENANCE OF RS

 

MEMORANDUM OF INSTRUCTIONS FOR OPENING AND MAINTENANCE OF RUPEE/FOREIGN CURRENCY VOSTRO ACCOUNTS OF NON-RESIDENT EXCHANGE HOUSES A. P. (DIR SERIES) CIRCULAR NO. 37, A.P. (FL/RL SERIES) CIRCULAR NO. 02, DATED 02-12-2008 Attention of Authorized Dealer Category - I (AD Category-I) ban..

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REVERSAL OF CENVAT CR IN CASE OF TRADE DISCOUNT

 

CLARIFICATION REGARDING REVERSAL OF CENVAT CREDIT IN CASE OF TRADE DISCOUNT CIRCULAR NO. 877/15/2008-CX, DATED 17-11-2008 Representations have been received from trade and industry seeking clarification on the issue whether proportionate credit should be reversed in cases where a manufacturer a..

Posted in Service Tax

Foreign Travel – Mode of payment in Rupees FEMA Act - 1999

 

Foreign Exchange Management Act, 1999 – Foreign Travel – Mode of payment in Rupees RBI/2008-09/318 A. P. (DIR Series) Circular No. 40 A. P. (FL Series) Circular No. 03 December 10, 2008 To All Authorised Dealers Category I & II and Full Fledged Money Changers Madam / Sir, Forei..

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Anti Dumping duty on imports of certain rubber chemicals

 

 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)   Notification No. 133/2008-Customs New Delhi, the 12th December, 2008 G.S.R. (E). - Whereas in the matter of imports of certain rubber chemicals, namely, MBT (having chemical description 2-M..

Posted in Custom