Circulars

Month – Year Circulars
March – 2013
Extension of prohibition on export of Pulses upto 31.03.2014

Content : Prohibition on export of pulses has been extended by one more year; from 31.03.2013 to 31.03.2014. But, there are two exceptions to this. One is export of Kabuli Chana. Second is export of Organic Pulses and lentils; but with a ceiling of 10,000 MTs per annum and subject to certain conditions mentioned above.
Attachment : 1398879370attach.pdf

Exemptions to prohibition on export of edible oils notified on 05.02.2013 have been expanded

Content :
Attachment : 1751770657attach.pdf

October – 2012
FDI in Single-Brand Product Retail Trading

Content :
Attachment : 2010639160attach.pdf

FDI in Multi-Brand Retail Trading.

Content :
Attachment : 2017639532attach.pdf

FDI in in the Civil Aviation sector

Content :
Attachment : 805564141attach.pdf

FI in companies operating in the Broadcasting Sector

Content :
Attachment : 865138727attach.pdf

FI in Power Exchanges

Content :
Attachment : 2111657895attach.pdf

Priority Sector Lending –Targets and Classification

Content : RBI on Priority Sector Lending –Targets and Classification
Attachment : 895036060attach.pdf

Request for Empanelment (RFE) of Software Solution Providers

Content : Request for Empanelment (RFE) of Software Solution Providers
with SETU, Maharashtra
Attachment : 1172387702attach.pdf

Extension of ban on export of edible oils till further orders.

Content : Effect of this notification:
Prohibition on export of edible oils has been extended till further orders. But, the same will not apply to relaxations/exemption as mentioned in para 3 & 4 above. Export of fish oil continues to be free as per Notification No. 60 dated 20.11.2008
Attachment : 558220334attach.pdf

August – 2012
Bombay High Court Explains Scope of Taxing Shipping Profits under DTAA :Balaji Shipping UK Ltd (Bombay High Court)

Content :
Attachment : 1750535021attach.pdf

July – 2012
An Educational Guide on Taxation of Services

Content : An Educational Guide on Taxation of Services to understand various aspects of new system of taxation popularly known as “Negative List”.
Attachment : 1166524420attach.pdf

November – 2011
Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques

Content : Issued By RBI
Attachment : 1769439954attach.pdf

Repayment of Term/Fixed Deposits in banks

Content : Issued by RBI
Attachment : 711776479attach.pdf

revised Concept Paper on the negative list approach to taxation of services.

Content : revised Concept Paper on the negative list approach to taxation of services
Attachment : 713457484attach.pdf

April – 2011
Conditions and modalities for registration of contracts of cotton yarn with DGFT

Content :
Attachment : 80467221attach.docx

Circular 1 of 2011 on FDI

Content : Circular 1 of 2011 on FDI
Attachment : 716780601attach.docx

CENVAT Credit (Third Amendment) Rules, 2011

Content : CENVAT Credit (Third Amendment) Rules, 2011
Attachment : 497455218attach.pdf

March – 2011
Removal of restriction on export of cotton yarn

Content : The effect of this notification:-
The export of cotton yarn (Tariff Codes 5205, 5206 & 5207) was earlier “Restricted” with export allowed against licence. Now, the export of cotton yarn is “Free” subject to registration of export contracts with DGFT.
Attachment : 1080243619attach.docx

Import policy of Vehicles

Content :

The effect of this Notification :-

The sale of vehicles imported by Foreign Diplomats and Other Privileged Persons is now permitted to other non privileged persons also in the manner specified in Foreign Privileged Persons (Regulation of Customs Privileges) Rules, 1957, as amended.

Attachment : 1865227055attach.docx

Non-availability of DEPB benefit on export of Cotton

Content : Effect of this amendment:

Benefit under DEPB scheme encourages export of concerned commodity. Hence when the intention of the Government is not to encourage exports of specific commodity, DEPB benefit on such a commodity would be contradictory to its intention. Accordingly, this Public Notice clarifies that DEPB benefit on export of cotton shall not be available. DEPB benefit on export of cotton yarn was withdrawn with effect from 21.4.2010, therefore, DEPB benefit on cotton (the basic raw material for cotton yarn) has been disallowed for exports made from 21.4.2010 onwards.

Attachment : 67569885attach.docx

January – 2011
Environmental Service Scheme (ESS)

Content : Environmental Service Scheme (ESS)
Attachment : 1618393431attach.pdf

October – 2010
Import policy of fish body oil

Content :
Attachment : 923299734attach.docx

September – 2010
Prohibition on Export of Edible Oils

Content :
Attachment : 1482476973attach.docx

August – 2010
Service tax on on-going works contracts entered into prior to 01.06.2007

Content : Service tax on on-going works contracts entered into prior to 01.06.2007
Attachment : 1113553322attach.doc

Service tax on commission received by Primary Dealers dealing in Government Securities

Content : Service tax on commission received by Primary Dealers dealing in Government Securities
Attachment :
Content : Service tax on commission received by Primary Dealers dealing in Government Securities
Attachment : 811352399attach.doc

 

MINISTRY OF CORPORATE AFFAIRS GOVERNMENT OF INDIA

Content : MINISTRY OF CORPORATE AFFAIRS
GOVERNMENT OF INDIA
Attachment : 2047922713attach.pdf

Extension of ACP Programme to Export Houses / Trading Houses – Regarding.

Content : Extension of ACP Programme to Export Houses / Trading Houses – Regarding.
Attachment : 273318622attach.doc

Service tax on commercial training and coaching – clarification whether ‘donation’ is ‘consideration’ – regarding

Content : Service tax on commercial training and coaching – clarification whether ‘donation’ is ‘consideration’ – regarding
Attachment : 2098457973attach.doc

Refund of 4% CVD (SAD) in terms of Notification No.102/2007-Customs dated 14.9.2007 by re-crediting the DEPB scrip / reward scheme scrips – regarding

Content : Refund of 4% CVD (SAD) in terms of Notification No.102/2007-Customs dated 14.9.2007 by re-crediting the DEPB scrip / reward scheme scrips – regarding
Attachment : 1076148054attach.doc

Export of sugar against Advance Authorizations issued from 17.2.2009 to 30.9.2009 – Reg.

Content : Export of sugar against Advance Authorizations issued from 17.2.2009 to 30.9.2009 – Reg.
Attachment : 371817872attach.doc

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June – 2010
EXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE (NO.2) ACT, 2009

Content : EXPLANATORY
NOTES TO THE
PROVISIONS OF THE
FINANCE (NO.2) ACT,
2009
Attachment : 1627273047attach.pdf

May – 2010
Company Law Settlement Scheme, 2010

Content :
Attachment : 1325565664attach.pdf