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INDLAW UPDATES
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LATEST NOTIFICATIONS, CIRCULARS & TRADENOTICES
Income Tax
212 /2007 (31/07/2007)
Industrial Park developed and operated by M/s. Gopalan Enterprises (India) Private Limited, Bangalore, notified for the purposes of section 80-IA(4)(iii) of the Income-tax Act, 1961
211 /2007 (31/07/2007)
Industrial Park developed and operated by M/s. Cyber Park Development and Construction Limited, Bangalore, notified for the purposes of section 80-IA(4)(iii) of the Income-tax Act, 1961
210 /2007 (27/07/2007)
Electronic Furnishing of Return of Income Scheme, 2007
5 /2007 (26/07/2007)
New Return Forms for Assessment Year 2007-08 matters connected thereto - reg.
Corporate Law
SEBI/IMD/CIR No. 5 /96576/2007 (25/06/2007)
Extension of Time for Uploading of NAVs of Fund of Fund Schemes
G.S.R. 399 (E) (30/05/2007)
Companies (Central Government's) General Rules and Forms (Amendment) Rules, 2007
G.S.R. 272 (E) (05/04/2007)
Sole selling agents shall not be appointed for the sale of specified goods in India for a period of three years
G.S.R. 265 (E) (29/03/2007)
Companies (Director Identification Number) Second Amendment Rules, 2007
Customs
90 /2007-Customs (26/07/2007)
Exempts the specified goods
76 /2007-Customs (NT) (26/07/2007)
Exchange Rate effective from 1st August, 2007 relates to export goods
75 /2007-Customs (NT) (26/07/2007)
Exchange Rate effective from 1st August, 2007 relates to imported goods
89 /2007-Customs (25/07/2007)
Anti-dumping on imports of Hexamine
Excise
32 /2007-Central Excise (30/07/2007)
Exempts internal combustion engines falling under Chapter 84 of the Schedule to the CETA, 1985 (5 of 1986) and manufactured by KAMCO, from the whole of the duty of excise leviable thereon
31 /2007-Central Excise (19/07/2007)
Amendments in the Notification No. 6 /2006-Central Excise, dated the 1st March, 2006
30 /2007-Central Excise (10/07/2007)
Excise exemption granted to goods supplied to Long Range Surface to Air Missile Programme of Ministry of Defence
29 /2007-Central Excise (06/07/2007)
Amendments in the Notification Nos. 22/2003-Central Excise and 23/2003-Central Excise, dated the 31st March, 2003
Sales Tax
F. 3 (12) /Fin.(T & E)/2007-08/dsfte/510 (10/07/2007)
Amendments in the Sixth Schedule of DVAT Act 2004 regarding List of Organisations who can claim refund
49T of 2007 (30/06/2007)
Submission of Audit Report in Form 704 for the year 2005-06
F.4(2)FD/Tax/2004- 27 (27/06/2007)
Rescinds the Notification No. F4(2)FD/Tax/2004-42 dated 6th May, 2006
F.4(2)FD/Tax/2004- 26 (27/06/2007)
Amendment in schedule-II appended to the Rajasthan Value Added Tax Act, 2003 at Sr.No. 10 entry deleted
Environment
S.O. 773 (E) (17/05/2007)
Recognization of Environmental Laboratories, Notification
G.S.R. 548 (E) (12/09/2006)
The Insecticides (Amendment) Rules, 2006
S.O. 1402 (E) (04/09/2006)
Date of commencement of Wild Life (Protection) Amendment Act, 2006 (39 of 2006)
S.O. 1403 (E) (04/09/2006)
National Tiger Conservation Authority - Constituted
RBI
RPCD NO.SP.BC. 12 /09.10.01/2007-08 (05/07/2007)
Master Circular-Priority Sector Lending - Credit facilities to Minority Communities
A. P. (DIR Series) Circular No. 01 (05/07/2007)
Acceptance of FCNR(B) Deposits by Regional Rural Banks (RRBs)
UBD.PCB.Cir.No. 4 /16.12.000/07-08 (05/07/2007)
Conduct of Foreign Exchange Business by UCBs
BPD(PCB)MC.No. 11 /09.09.001/2007-08 (04/07/2007)
Master Circular on Priority Sector Lending - UCBs
FEMA
A. P. (DIR Series) Circular No. 77 (29/06/2007)
Advance Remittance for Import of aircrafts / helicopters / other aviation related purchases
A. P. (DIR Series) Circular No. 76 (19/06/2007)
Hedging of Overseas Direct Investments By Residents - Liberalisation
A. P. (DIR Series) Circular No. 75 (14/06/2007)
Overseas Direct Investment- Liberalisation
A.P. (DIR Series) Circular No.71 (08/06/2007)
Data on Project Export Finance
SEBI
SEBI/IMD/CIR No. 6 /98057/07 (05/07/2007)
Bimonthly Compliance Test Reports (CTRs)
MIRSD/DPS-III/Cir - 9 /07 (03/07/2007)
Supervision of branches of depository participants
MRD/DoP/Cir- 08 /2007 (25/06/2007)
PAN as the sole identification number for all transactions in the securities market
SEBI/IMD/CIR No. 4 /95754/07 (11/06/2007)
Circular on Filing Fees for Offer Documents and Fixed Deposits
Directorate General of Foreign Trade
15 (RE: 2007)/2004-2009 (09/07/2007)
Amendments in DEPB (Cold Rolled Non-Grain Oriented (CRNGO))
14 (RE: 2007)/2004-2009 (09/07/2007)
Amendments/ additions/deletions/corrections in SION
11 /(RE-2007)/2004-2009 (03/07/2007)
Amendments in Chapter 84 of the ITC (HS) - Import Licensing Notes (Import of Power Tillers)
13 (RE-2007)/2004-09 (02/07/2007)
Procedure for import of Vegetable Fats (Vanaspati), Pepper - 090411 & Desiccated Coconut - 080111 under Indo-Sri Lanka Free Trade Agreement
Service Tax
37 /2007-Service Tax (24/07/2007)
Amendments in the Notification No. 19 /2007-Service Tax, 2007 for constitution of Committee of Commissioners
NA (19/06/2007)
Draft Circular - Procedural issues in Service Tax - clarification reg.
NA (19/06/2007)
Draft Circular - Clarification on technical issues relating to scope and classification of taxable services, levy of service tax and valuation of taxable services - reg.
36 /2007-Service Tax (15/06/2007)
Roaming services provided by a telegraph authority to an international in-bound roaming subscriber
Consumer
416-1/2007-FN (07/06/2007)
International Telecommunication Access to Essential Facilities at Cable Landing Stations Regulations, 2007
101-60/2006-MN (05/06/2007)
Telecom Unsolicited Commercial Communications Regulations, 2007
G.S.R. 408 (E) (31/05/2007)
Corrigendum to Cigarettes and Other Tobacco Products (Packaging and Labelling) Rules, 2006
G.S.R. 315 (E) (27/04/2007)
Corrigendum to PFA, VI th Amendment Rules, 2006
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