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 [...]
Archive for June, 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 [...]
Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Second Amendment Rules, 2010.
. 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 [...]
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, [...]
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 [...]