Archive for June, 2010
Jun-30th-2010
Circular No. 15/2010-Customs
F. No.401/73/2010-Cus.III
29th June, 2010.
Subject: Fraudulent claim of 4% SAD by unscrupulous importers – reg.
Attention is invited to Notification No. 102/2007-Cus dated 14.09.2007 which provides exemption in the form of refund of 4% SAD paid on goods imported and subsequently sold on payment of VAT/ST.
2. Instances have come to notice of the Board [...]
Jun-30th-2010
Key Points of the Circular are as under:
Cir No.IMD/FII&C/ 4 /2010 June 29, 2010
Sub:- Reporting of Lending of securities bought in the Indian Market.
1. Please refer to Circular No. IMD/FII&C/32/2008 dated October 16, 2008 read with Circular No. IMD/FII&C/34/2008 dated October 20, 2008 related to reporting of information pertaining to securities lent by the FIIs [...]
Jun-30th-2010
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NOTIFICATION
New Delhi, the 16th June, 2010
G.S.R. 508(E)- In exercise of the powers conferred by sub – section(1) read with clause(h), clause(i), clause(j) clause(k) of sub- section 2 of section 73 of the Prevention of Money Laundering Act, 2002 (15 of 2003), the Central Government , in consultation with Reserve Bank of India, hereby makes the [...]
Jun-29th-2010
Key points of the circular are as follows:
Circular No. 928 /18 /2010-CX
New Delhi, dated the 28th June, 2010.
Subject: Amendment to Notification no. 42/2001-CE (NT) dated 26.06.2001-reg.
It has been brought to the notice of the Board that some of the manufacturers of exempted goods are exporting such goods under bond. Subsequently, they claim [...]
Jun-29th-2010
Highlights of the circular are as follows:
Cir. No. IRDA/ACT/CIR/ULIP/102/06/2010 June 28, 2010
Sub: Unit Linked Insurance Products (ULIPs)
Please refer following circulars:
1. IRDA/Actl/032/ Dec 2005 dated December 21, 2005 and subsequent clarifications issued
2. 061/IRDA/ACTL/March-2008 dated 12th March, 2008
3. IRDA/Actl/ULIP/055/2009-10 dated 24th September, 2009,
4. IRDA/Actl/CIR/ULIP/071/066/04/2010 dated 27th April, 2010 and
5. IRDA/ACTL/CIR/ULIP/071/05/2010 [...]