Indian Tax Arena: April 2013

Tuesday 30 April 2013

CBEC Notifies Tariff Value of Palm Oil, Palmolein, Soyabeen Oil, Brass Scrap, Poppy seeds, Gold and Silver

Notification

No. 50/2013-CUSTOMS (N. T.)

New Delhi, the 26^th of April, 2013

6 Vaisakh, 1935 (SAKA)

S.O. (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.) dated, the 3^rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii) vide number S. O. 748 (E), dated the 3^rd August, 2001, namely:-

Disclosure of information respecting assessees to Specified Officer, Authority or Body Performing functions under any other law - Notified Authority

SECTION 138 OF THE INCOME-TAX ACT, 1961 - DISCLOSURE OF INFORMATION RESPECTING ASSESSEES TO SPECIFIED OFFICER, AUTHORITY OR BODY PERFORMING FUNCTIONS UNDER ANY OTHER LAW - NOTIFIED AUTHORITY

NOTIFICATION NO. 32/2013 [F.NO.225/62/2013-ITAT.II], DATED 18-4-2013

Whereas the Central Government is of the opinion that it is necessary to do so in the public interest; and, therefore, in pursuance of sub-clause (ii) of clause (a) of sub-section(1) of section 138 of the Income-tax Act, 1961, the Central Government hereby specifies officers of the rank of Joint Director and above serving in Directorate of Enforcement, Department of Revenue, Ministry of Finance, Government of India, who are performing functions under the Foreign Exchange Management Act, 1999 and the Prevention of Money Laundering Act, 2002, for the purpose of the said clause.

CG amends Notification No. 1/2013 dated 08-01-2013

SECTION 80-IA, SUB-CLAUSE (III) OF SUB-SECTION (4) OF THE INCOME-TAX ACT, 1961 - DEDUCTIONS - IN RESPECT OF PROFITS AND GAINS FROM INDUSTRIAL UNDERTAKINGS, OR ENTERPRISES ENGAGED IN INFRASTRUCTURE DEVELOPMENT, ETC. - NOTIFIED UNDERTAKINGS - AMENDMENT IN NOTIFICATION NO.1/2013, DATED 8-1-2013

NOTIFICATION NO. 31/2013 [F.NO.178/02/2008-ITAT-I], DATED 18-4-2013

In exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes following amendment to the notification of the Government of India in the Ministry of Finance, Department of Revenue published in the Gazette of India, Part II, section 3, sub-section (ii), vide Notification number 01/2013, F.No.178/02/2008-(ITA-I) dated the 8th January, 2013, namely:-

RBI - Clarification on Overseas Direct Investments

RBI/2012-13/481
A.P. (DIR Series) Circular No. 100

April 25, 2013

To
All Category-I Authorised Dealer Banks
Madam / Sir,

Overseas Direct Investments – Clarification

Attention of the Authorised Dealers (AD) is invited to Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2004 notified by the Reserve Bank vide Notification No. FEMA 120/RB-2004 dated July 07, 2004 and as amended from time to time.

ICAI - PNGRB Reference on Compliance with AS 17 by CGD Entities

ATTENTION MEMBERS

PNGRB reference on compliance with AS 17 by CGD entities

The Petroleum and Natural Gas Regulatory Board (PNGRB), entrusted with the duties, interalia, of regulating the transportation rate for city or local natural gas distribution networks or common or contract carrier pipelines, has recently informed the Institute that in the course of their consultation process, they have come to know that CGD entities i.e. entities engaged in the activities of laying building, operating or expanding city or local natural gas distribution networks are not adhering to the requirements of segment reporting on the ground that they operate in only one segment of business and therefore Accounting Standard 17 (Segment Reporting) that contains provisions for segment reporting does not apply to them.

Filing of online DVAT Returns for March, 2013 and Fourth Quarter 2012-13 is extended

In order to facilitate the filing of online DVAT/CST returns, in exercise of the powers conferred under Rule 49A of the DVAT Rules, 2005, the last date of online filing of return for monthly dealers and composition dealers, for the return due on April 25, 2013, is hereby extended up to 01.05.2013. The last date of filing of hard copy of the return for the above tax period is also extended up to 06.05.2013.

All Forms (Other than ITR) are available in the e-Filing portal of Income Tax for filing.

Forms (Other than ITR) are available in the e-Filing portal for filing. Click here to know more on the Forms.

Wednesday 24 April 2013

CG notifies the rate of Variation between the ALP determined u/s 92C & the price at which the internation transaction or specified domestic transaction has taken

In exercise of the powers conferred by the second proviso to sub‐section (2) of section 92C of the Income Tax Act, 1961 (43 of 1961), the Central Government hereby notifies that where the variation between the arm’s length price determined under section 92C and the price at which the international transaction or specified domestic transaction has actually been undertaken does not exceed one per cent of the latter for wholesale traders and three per cent of the latter in all other cases, the price at which the international transaction or specified domestic transaction has actually been undertaken shall be deemed to be the arm’s length price for assessment year 2013‐2014.

NOTIFICATION NO. 30/2013 (F.NO. 500/185/2011‐FTD I]

(Sanjay Kumar Mishra)

Joint Secretary to the Government of India

Issuance of certificate for TDS in Form No. 16 in accordance with the provisions of section 203 of the Income-tax Act, 1961 read with the Rule 31 of the Income-tax Rules 1962

1. Section 203 of the Income-tax Act 1961 (“the Act”) read with the Rule 31 of the Income-tax Rules 1962 (“the Rules”) stipulates furnishing of certificate of tax deduction at source (TDS) by the deductor to the deductee specifying therein the prescribed particulars such as amount of TDS, valid permanent account number (PAN) of the deductee, tax deduction and collection account number (TAN) of the deductor, etc. The relevant form for such TDS certificate is Form No. 16 in case of deduction under section 192 and Form No. 16A for deduction under any other provision of Chapter XVII-B of the Act. TDS certificate in Form No. 16 is to be issued annually whereas TDS certificate in Form No. 16A is to be issued quarterly. TDS Certificate in Form No 16 as notified vide Notification No. 11/2013 dated 19.02.2013 has two parts viz Part A and Part B (Annexure). Part A contains details of tax deduction and deposit and Part B (Annexure) contains details of income.

Extension of due date of submission of Service Tax Return for October 2012 to March 2013

New Delhi, dated the 18^th April, 2013

G.S.R..... (E). In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the said Act), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable services provided or agreed to be provided against a scrip by a person located in the taxable territory from the whole of the service tax leviable thereon under section 66B of the said Act.

CG amends Notification No. 34/2006 dtd. 14-06-2006, 31/2012 and 33/2012 both dtd. 9-07-2012

G.S.R. 252 (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table below, which shall be amended or further amended, as the case may be, in the manner as specified in the corresponding entry in column (3) of the said Table, namely :-

To read more Click Here.

CG exempts specified goods from Duties of Excise when cleared against a Post Export EPCG duty credit scrip

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), when cleared against a Post Export EPCG duty credit scrip issued by the Regional Authority in accordance with paragraph 5.11 under Chapter 5 {Export Promotion Capital Goods (EPCG) Scheme} of the Foreign Trade Policy which provides for duty remission in proportion to export obligation fulfilled.

To read more Click Here.

Monday 22 April 2013

CG amends Notification No. 91/2009-Customs, 94/2009-Customs, 98/2009-Customs all dtd 11-Sep-2009 and 104/2009-Customs dtd 14-Sep-2009

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table , which shall be amended or further amended, as the case may be, in the manner as specified in the corresponding entry.

To read more Click Here.

CG exempts goods when imported into India against a Post Export EPCG duty credit scrip which provides for duty remission in proportion to export obligation fulfilled

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods when imported into India against a Post Export EPCG duty credit scrip issued by the Regional Authority in accordance with paragraph 5.11 under Chapter 5 {Export Promotion Capital Goods (EPCG) Scheme} of the Foreign Trade Policy which provides for duty remission in proportion to export obligation fulfilled.

To read more Click Here.

CG exempts goods from the duty of customs thereon under the 1st Schedule and additional duty u/s 3 both of Customs Tariff Act

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods the whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), and (ii) the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, when specifically claimed by the importer.

To read more Click Here.

Friday 19 April 2013

Intermediate (IPC) Exam May-2013 Change in Venue of Some Centres at Bangalore, Jaipur and Sikar

Announcement

18th April 2013.

Change in venue of the May 2013 CA examination in some centres at Bangalore, Jaipur and Sikar

Due to unavoidable circumstances, the venue of the May 2013 CA examination in respect of some of the examination centres at Bangalore, Jaipur and Sikar has been changed as follows:

Intermediate (IPC) Examination:

Invitation to Contribute Articles for The Chartered Accountant Journal of the ICAI

The EB has decided to specially focus on certain key topics besides other routine features in the forthcoming issues of The Chartered Accountant journal. As such, the expert authors in the respective fields are invited to send articles on the following focus issues for consideration of the Editorial Board.

The list of themes:

June 2013	Tax Audit +Sustainability & Social Audit + Public Finance
August 2013	Indian Accounting Standards converged with IFRSs
September 2013	XBRL
October 2013	Internal Audit + Forensic Accounting
November 2013	LLP & Accountancy Profession
December 2013	Professional Opportunities (new horizon)
January 2014	Information Technology
February 2014	Bank Audit + Government Accounting

The articles of not more than 3000 words (original and not having been published of hosted anywhere else) with executive summary and authors photographs should be sent at eboard@icai.org at the earliest. The authors are also required to give a declaration of originality along with the articles.

The guidelines for authors have been hosted on ICAI website in Editorial Board Section on the link: http://icai.org/new_post.html?post_id=2556

ICAI - Revised Invitation of Expression of Interest (EOI) for Developing E-learning Modules on Ind AS.

April 18, 2013

Revised Invitation of Expression of Interest (EOI)

for Developing E-learning Modules on Ind AS

1. Preamble and Introduction

About Ind AS (IFRS) Implementation Committee

Ind AS (IFRS) Implementation Committee (hereinafter referred to as ‘Committee’) is a non-standing Committee constituted by the Institute of Chartered Accountants of India (hereinafter referred to as ‘ICAI’) to get the members and other stakeholders ready for proper implementation of IFRS-converged Indian Accounting Standards. This Committee takes adequate steps to provide guidance and to enhance the knowledge of the members and other stakeholders.

The Committee is planning to formulate E-leaning modules on Indian Accounting Standards (Ind AS).

ICAI Four Weeks Residential Programme on Professional Skills Development from 20-May-2013 to 16-Jun-2013

Board of Studies is pleased to announce the 20th and 21st Batch of ICAI Four Weeks Residential Programme on Professional Skills Development from 20th May, 2013 to 16th June, 2013 at Centre of Excellence, Hyderabad.

This programme offers an unique opportunity and would focus on development of communication skills, leadership skills, personal traits for effective functioning in business organization and profession. Keeping in view the basic emphasis of the programme on Development of Communication and Writing skills and also to imbibe confidence in the participants the content of the programme have been thoroughly revised. More emphasis is given on soft skills, developing personality trait and communication skills of the participants by allocating more time towards these topics.

Survey on International Trade in Banking Services: 2011-12

The Reserve Bank of India today released, on its website, the data related to the results of Survey on International Trade in Banking Services: 2011-12.

The data compiled are based on an annual survey which is intended to provide information on International trade in banking services (ITBS) for India in respect of the branches/subsidiaries of Indian banks operating abroad and branches/subsidiaries of foreign banks operating in India. Consistent and comparable data are captured on financial auxiliaries’ services rendered by the banks based on explicit/ implicit fee /commission charged to customers (please see Annex for details).

Highlights:

Exchange Rates Notified by CBEC w.e.f. 19 April 2013

Notification

No.40/2013-Customs (N.T.)

Dated the 18^th April, 2013

28 Chaitra, 1935(SAKA)

S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.35/2013-CUSTOMS (N.T.), dated the 4^th April, 2013 vide number S.O.925 (E), dated the 4^th April, 2013, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 19^th April, 2013 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

CBEC Notifies change in Tariff Value of Gold and Silver

Notification

No. 39/2013-CUSTOMS (N. T.)

New Delhi, the 17^th of April, 2013

27 Chaitra, 1935 (SAKA)

DVAT - No security, who apply online for registration with Department up to the 30th of June, 2013

No.F.7(453)/Policy/VAT/2013/Pt.II/88-98 Dated : 16.04.2013

NOTIFICATION

I, Prashant Goyal, Commissioner, Value Added Tax, Delhi, in exercise of the powers conferred on me by sub-section (1) of section 19 of the Delhi Value Added Tax Act, 2004, hereby direct that no security would be required to be furnished by such dealers, who apply online for registration with the Department up to the 30th of June, 2013. However, the dealers, who apply for registration manually, shall furnish the prescribed security, in the usual manner.

ICSI - Examination Enrollment Status - June 2013

ATTENTION STUDENTS !

A MUST-READ FOR STUDENTS WHO HAVE SOUGHT ENROLLMENT TO JUNE, 2013 SESSION OF EXAMINATIONS

Please carefully go through the preliminary examination enrollment details for june, 2013 session of cs examinations as displayed.

To Read more Click Here.

Withdrawal of Invitation of Expression of Interest (EOI) for Developing E-learning Modules on Ind AS published on ICAI website (www.icai.org) on April 10, 2013

April 16, 2013

All are hereby informed that due to some unavoidable circumstances the invitation of Expression of Interest (EOI) for “Developing e-learning Modules on Ind AS inviting interest from the public for developing e-learning Modules on Ind AS”, which was published on ICAI website www.icai.org on April 10, 2013, is hereby withdrawn with immediate effect.

No Change in the Schedule of The Chartered Accountants Examinations - May 2013

NO CHANGE IN THE SCHEDULE OF THE CHARTERED ACCOUNTANTS EXAMINATIONS - MAY 2013.

Students appearing for Intermediate (Integrated Professional Competence) Examination may note that, owing to the Bye Elections to Ward 43 – Nangloi East and Ward 256 Yamuna Vihar of North Delhi & East Delhi Municipal Corporations of Delhi on 5th May 2013, there is no change in the schedule of the Chartered Accountants examination, to be held on 5th May, 2013 from 2.00 PM to 5.00 PM (IST).

(G. Somasekhar)
Additional Secretary (Exams)

Important Announcement - Chartered Accountants Examinations – May, 2013 - for the candidates of Bangalore (Zone 2) (Karnataka); Jaipur and Sikar (Rajasthan)

IMPORTANT ANNOUNCEMENT

Chartered Accountants Examinations - May, 2013

for the candidates of Bangalore (Zone 2) (Karnataka), Jaipur (Rajasthan), and Sikar (Rajasthan)

Due to unavoidable circumstances, candidates earlier allocated to the examination centre in (1) Govt. R.C. College of Commerce & Management, Bangalore (Zone-2), (2) University Commerce College, Jaipur, (3) University Rajasthan College, Jaipur, and (4) S.K. Govt. College, Sikar have been re-allocated in some other centres in the same Zone/City. The related communication to the candidates concerned is being sent separately.

CBEC Notifies Tariff Value of Palm Oil, Palmolein, Soyabeen Oil, Brass Scrap, Poppy seeds, Gold and Silver

Notification No. 38/2013-Customs (N. T.)

New Delhi, 15^th April, 2013

25 Chaitra, 1935 (SAKA)

S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3^rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3^rd August, 2001, namely:-

Modalities for setting up of Certified Facilitation Centre under ACES Project of CBEC

The Institute of Company Secretaries of India signed an MOU with CBEC for setting up of CFC by Practising Company Secretaries under the ACES project of CBEC. The methodology for setting up of CFC is described briefly hereunder:

i) A member qualified and eligible to set up and operate a CFC in accordance with the provisions contained in the MOU will have to make an online application to ICSI for registration as CFC. The application fees will be Rs.1,000/- ( non-refundable).

Last Date of Registration for Post Qualification Course in International Trade Laws & WTO for November 2013 Part I Examinations is 30th April 2013

Attention of the members is drawn to the Post Qualification Course in 'International Trade Laws and World Trade Organisation' of ICAI intended to equip the members with the specialised skills necessary for developing the dedicated practice in the area of services related to International Trade Laws & WTO.

Registration for the Course is open throughout the year. Candidates shall be eligible to appear for Part I Examination of the Course only after six months of registration and specified minimum attendance at PCPs. Therefore, for appearing in the November 2013 Examinations for Part I of the Course, the last date for taking registration in the Course is April 30, 2013.

Revised Announcement for Empanelment as a Technical Reviewer with the Quality Review Board

The Government of India has, in exercise of the powers conferred by Sec. 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board to perform the following functions:-
(a)    to make recommendations to the Council with regard to the quality of services provided by the members of Institute;
(b)   to review the quality of services provided by the members of the Institute including audit services; and
(c)    to guide the members of the Institute to improve the quality of services and adherence to the various statutory and other regulatory requirements.

MCA - Phone Numbers of DIN CELL

Stakeholders are hereby informed that the new contact numbers for DIN Cell effective 18.03.2013 will be:

DIN Cell : 05836 231130 (3 lines), 05836 231140 (3 lines)

Service Tax on service provided by way of erection of pandal or shamiana

Circular No. 168/3 /2013 - ST

F. No. 356/2/2013-TRU

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise and Customs

Tax Research Unit

*****

Subject: Tax on service provided by way of erection of pandal or shamiana - regarding.

Several representations have been received seeking clarification on the levy of service tax on the activity of preparation of place for organizing event or function by way of erection/laying of pandal and shamiana. The doubt that has been raised is that this may be a transaction involving “transfer of right to use goods” and hence deemed sale.

Certified Facilitation Centre (CFC) under ACES Scheme and Extension of MOU with CBEC & ICmAI

Certified Facilitation Centre (CFC) under Automation of Central Excise and Service Tax (ACES) Scheme and Extension of MOU with CBEC Thereof

The Institute entered into an MOU with Central Board of Excise & Customs (CBEC) on 13.04.2010 to enable Cost Accountants in whole-time practice to set up Certified Facilitation Centres (CFCs) under Automation of Central Excise and Service Tax (ACES) scheme and offered their services such as digitization of paper documents and on-line filing/ uploading of documents such as application for registration, filing of returns, refunds, accounting, disputes resolution, audit, provisional assessment, exports, claims, intimations and permission to assessees.

FAQ's on Form DVAT T-2

What is Form T-2?

To minimize physical interaction between dealers and VAT Officials and for efficient administration of the Act, it is considered necessary that the details of invoices and goods receipt note in respect of goods purchased or received as stock transfer from outside Delhi be sought from the dealers of Delhi online. Form T-2 prescribed/notified by the Commissioner, Value Added Tax, Department of Trade and Taxes, requires the dealers to furnish details of invoices and goods receipt note in respect of goods purchased or received as stock transfer from outside Delhi. This form has to be submitted online.

Due Date to File Form DVAT51 reconciliation return Qtr 1 to 4 of 2011-12 extended to 10/05/2013

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI

DEPRTMENT OF TRADE AND TAXES

VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110002

No.F.3(33)/P-II/ VAT/ Misc./2006/54–64 Dated: 10-4-2013

ORDER

In continuation of order No.F.3(33)/P-II/VAT/Misc./2006/1383-1393 dated 14/03/2013, and in exercise of the powers conferred under Rule 49A of the Delhi Value Added Tax Rules, 2005, sub-section (2) of section 9 of the Central Sales Tax Act, 1956 and sub-rule (7) of Rule 12 of the Central Sales Tax (Registration and Turnover) Rules; 1957, I, Prashant Goyal, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, do hereby, extend the time limit prescribed in- . (a) Sub-rule (1) of Rule 67 of the Delhi Value Added Tax Rules, 2005 and Rule 4 of the Central Sales Tax(Delhi) Rules, 2005 for furnishing of reconciliation return in Form DVAT-51; and, (b) Sub-rule (5) of Rule 5, clause (a) of sub-rule (3) of Rule 6, clause (a) of sub-rule (5) of rule 7, sub-rule (2) of rule 9, rule 68 and sub-rule (2) of rule 6A of the Central Sales tax (Delhi) Rules, 2005 and sub-rule (10) of rule 12 of the Central Sales tax (Registration and Turnover) Rules 1957, for furnishing of the portion marked 'original' of the Declaration Forms 'C', 'E-I' or 'E-II', 'F', 'I', 'J', and 'H' respectively, as per the following time schedule for the year 2011-12:-

CG amend the Service Tax Rules, 1994 by substituting the Form No. S.T.-5, S.T.-6 and S.T.-7

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

New Delhi, the 10th April, 2013

No.5 /2013-SERVICE TAX

G.S.R ……(E).- In exercise of the powers conferred by sub-section(1) read with sub-section (2) of section 94 of the Finance Act 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Service Tax Rules, 1994, namely:-

CBEC - Amendment to CESTAT Appeal Forms

Circular No.969/03/2013-CX

Sub:- Amendment to CESTAT Appeal Forms – reg..

Sir / Madam,

The Board has decided to amend/revise the forms for filing appeal in the CESTAT. Accordingly, new forms for Central Excise (E.A.-3, E.A.-4, E.A.-5), Customs (C.A.-3, C.A.-4, C.A.-5) and Service Tax (S.T.-5, S.T.-6, S.T.-7) have been notified vide Notification Nos 6/2013-Central Excise (N.T.), 37/2013-Customs (N.T.) and 5/2013-Service Tax, all dated 10.04.2013 respectively. These forms have been made effective from 1.6 2013. Therefore, all appeals filed in the Tribunal on or after 1.6.2013 would be in the new form being prescribed.

CBEC Notifies the exchange rate of YEN w.e.f 11-April-2013

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 36/2013 - Customs (N.T.)

Dated the 10^th April, 2013

20 Chaitra, 1935 (SAKA)

S. O…. (E). – In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 35/2013-CUSTOMS (N.T.) dated the 4^th April, 2013 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S.O. 925(E) dated, the 4^th April, 2013, namely:-

CG extends period of anti-dumping duty on imports of 'Sulphur Black' originating in, or exported from, the People's Republic of China upto 10-Apr-2014

[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)

New Delhi, dated 10^th April, 2013

Notification No.5 /2013-CUSTOMS (ADD)

G.S.R. (E). -Whereas the designated authority vide notification No. 15/18/2012-DGAD, dated the 4^th April, 2013, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 4^th April, 2013 has initiated review in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of anti-dumping duty on imports of 'Sulphur Black', falling under heading 3204 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, the People's Republic of China imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue),No. 127/2008-Customs, dated the 3^rd December, 2008 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.831(E), dated the 3 December, 2008, and has requested for extension of anti-dumping duty for a period of one more year, in terms of sub-section (5) of section 9A of the said Customs Tariff Act pending completion of the review;

CG extends anti-dumping duty on imports of 'Sodium Nitrite', originating in, or exported from, European Union upto 10-Apr-2014

[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. 4 /2013-Customs (ADD)

New Delhi, dated the 10^th April, 2013

G.S.R (E). -Whereas, the designated authority vide notification No. 15/1009/2012-DGAD, dated the 23 March, 2013, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 23 March, 2013, has initiated review, in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of anti-dumping duty on imports of 'Sodium Nitrite', originating in, or exported from, European Union imposed vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 49/2008-Customs, dated the 11^th April, 2008, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 284 (E), dated the 11^th April, 2008, and has requested for extension of anti-dumping duty upto one more year, in terms of sub-section (5) of Section 9A of the said Customs Tariff Act pending completion of the review;

Date for opting New Composition scheme for Works Contractor's under DVAT is 30-Apr-2013

GOVERNMENT OF NCT OF DELHI

DEPARTMENT OF TRADE & TAXES

VYAPAR BHAWAN, NEW DELHI

No.F.3(338)/VAT/Policy/13/66 -72 Dated:10/04/2013

CIRCULAR NO. 1 OF 2013-14

The Government has notified a new Composition Scheme vide Notification No. 3(13)/Fin.(Rev-I)/2012-13/dsVI/180 dated 28.02.2013, which is effective w.e.f 1st April, 2013, for dealers exclusively engaged in carrying out Works Contracts.

CBEC specifies the Conversion rate of YEN for valuation purposes

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 36/2013 - Customs (N.T.)

Dated the 10^th April, 2013

20 Chaitra, 1935 (SAKA)

Pages

Tuesday 30 April 2013

Saturday 27 April 2013

Friday 26 April 2013

Wednesday 24 April 2013

Tuesday 23 April 2013

Monday 22 April 2013

Friday 19 April 2013

Wednesday 17 April 2013

Tuesday 16 April 2013

Monday 15 April 2013

Saturday 13 April 2013

Friday 12 April 2013

Thursday 11 April 2013