Rupee hits a new low of 54.82 against Dollar   IPL Bangalore Team Player Luke Pomersback arrested by Delhi Police    Shahrukh Khan banned for 5 years from entering in Wankhede Stadium    CBI raids 15 MLAs in Jharkhand for taking bribe in Rajya Sabha elections   Rajya Sabha passes Finance Bill 2012    Petrol & Diesel prices to be hiked    Yeddy applies for bail after CBI raids on his residence   Income Tax Officer SK Saini sentenced to 3 years RI + fine of Rs 35 Lakh by CBI Court in Bhopal     IRS Officer Brahmananda Reddy arrested by CBI     Founder of Matrix Laboratories Nimmagadda Prasad also arrested by CBI   Tariff Value for import of Brass scrap is 4362 & for poppy seeds 3680-for gold 507 per 10 gram & for silver 920 per kg-Customs Non-Tariff Notification No.42      Customs duty exempted on import of 191 Products from Singapore-Customs Tariff Notification No.33    Import of 485 Products from Singapore exempted from Customs duty-Customs Tariff Notification No.34    Import of 496 Products from Singapore exempted from 50 per cent of applied rate of duty-Customs Tariff Notification No.35     Saurabh Chandra gets additional charge of Commerce Secretary    ITAT Member N Vasudevan transferred from Mumbai to Bangalore-J Sudhakar Reddy moves from Mumbai to Delhi-IP Bansal from Delhi to Mumbai-IC Sudhir from Pune to Delhi      CVD on imported electronics lowered due to higher rates of abatement from RSP notified-Abatement from MRP for excise payment on all electronic products prescribed at uniform rate of 35 per cent-Abatement revised for several products-Central Excise Non-Tariff Notification No.26     Suppliers to Mega Power Projects face silly excise demands-Click on the link below for full details    Excise demand of Rs 32 Crore confirmed against Exide for not paying excise on MRP basis on lead acid storage battery     RBI says Exporters required to convert 50 per cent of their foreign exchange holdings into Rupee within 15 days-Exporters will be allowed to buy foreign currency only after utilizing all their foreign currency holdings      Articles of jewellery exempted from excise duty-Specified Railway Goods manufactured by Government exempted from excise -Central Excise Tariff Notification No.23   Excise on specified Petroleum Oils lowered    Eye makeup preparations exempted from excise   The excise exemption hitherto admissible on all Hawai Chappals will now be admissible to only Hawai Chappals of RSP up to Rs 500-Polyester staple fibre or polyester filament yarn, manufactured from plastic scrap or plastic waste including waste polyethylene terephthalate bottles exempted from excise-Excise on Motor chassis for vehicles lowered to 14 per cent excise-Excise on LED Lights of Chapter 85 lowered to 6 per cent-Inks for ball point pens exempted from excise-Central Excise Tariff Notification No.24-Parts of Footwear and hawai chappals of RSP not exceeding Rs. 500 per pair exempted from excise if consumed in factory-Central Excise Tariff Notification No.25-Excise exemption to goods required for initial setting up of solar power generation project or facility-Central Excise Tariff Notification No.26     CENVAT Credit (Fifth Amendment) Rules, 2012-No reversal of credit required for supplies made for setting up of solar power generation projects or facilities-Central Excise Non-Tariff Notification No.25     exemption from wholeof the additional duty leviable shall not apply to Hand held Metal/Mine/Bomb detectors etc.-Customs Tariff Notification No.30    Import of specified goods allowed at concessional rate of duty-Customs Notification No.31       Lok Sabha passes Finance Bill 2012      FM defers the applicability of  GAAR provisions by one year- GAAR provisions will now apply to income of Financial Year 2013-14 and subsequent years-The retrospective clarificatory amendments now under consideration of Parliament will not be used to reopen any cases where assessment orders have already been finalized-long term capital gain arising from sale of unlisted securities in case of  non-resident investors, including PE investors lowered to 10 per cent-FM extends  benefit of tax exemption on long term capital gains to  sale of unlisted securities in IPO-lower rate of withholding tax of 5% for funding all businesses-FM withdraws  the provision for levy of TDS on transfer of immovable property-FM raises the threshold limit for TCS on cash purchases of jewellery to Rs.5 lakh-only serious offences under the customs law involving prohibited goods or duty evasion exceeding Rs.50 lakh, shall be cognizable- all these offences shall be bailable-changes in the definition of “service” which will exclude the activities specified in the Constitution as “deemed sale of goods”-The definition of “works contract” also  enlarged to include movable properties- Exemption for specified services relating to agriculture in the Negative List extended to agricultural produce enlarging the scope of the entry    Anti-dumping duty on imports of Partially Oriented Yarn, originating in, or exported from China-Customs Notification No.22        Customs duty on import of 806 Products from Japan lowered       Anti-dumping duty imposed on import of Phosphoric Acid of all grades and all concentrations (excluding Agriculture/FertilizerGrade) , falling under tariff item 28092010, originating in, or exported from,Israel and Taiwan-Customs Tariff Notification No.19     Customs duty on import of composite fertiliser lowered to 1 per cent-Customs Tariff Notification No. 24      
 
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DGFT NOTIFICATION 2010-2011

Notifications

Subject

01/2010-11

Foreign Trade Policy, 2009-2014 incorporating the Annual Supplement as updated on 23rd August, 2010 

02/2010-11

Exemption for import of goods by the Organising Committee of Commonwealth Games 2010 

03/2010-11

Prohibition on Export of Non-basmati Rice – exemption for export to Bangladesh- regarding 

04/2010-11

Prohibition on Export of Wheat – exemption for export to Bangladesh 

05/2010-11

Exemption for import of goods for Commonwealth Games 2010.

06/2010-11

Amendments in Notification No.58/2009-14 dated 17.8.2010. (Export of Cotton).

07/2010-11

Prohibition on Export of Edible Oils - regarding

08/2010-11

Import policy of fish body oil. 

09/2010-11

Permission for export of 10,000 tons of edible oil in branded consumer packs from 01.11.2010 to 31.10.2011 – regarding 

10/2010-11

Amendment in S.No.65, Chapter 13 of Schedule 2 of ITC(HS) Classification of Export & Import Items relating to export of Gum Karaya.

11/2010-11

Prohibition on export of Pulses – Exemption for export of 60 MTs of pulses to the Republic of Maldives - regarding.

12/2010-11

Registration of contracts for export of cotton by the Directorate General of Foreign Trade – regarding

13/2010-11

Prohibition on export of all varieties of Onions till further orders- Reg

14/2010-11

Restriction on export of cotton yarn – regarding

15/2010-11

Corrigendum to Notification No . 14(RE-2010)/2009-14 dated 22.12.2010 regarding export of cotton yarn.

16/2010-11

Prohibition on import of milk and milk products from China.

17/2010-11

Served From India Scheme (SFIS), Review thereof

18/2010-11

Restriction on export of Cotton yarn- Exemption for export of cotton yarn manufactured out of imported raw material- regarding.

19/2010-11

Prohibition on export of Onions – Exemption for export of Bangalore rose onions and Krishnapuram onions.

20/2010-11

Prohibition on Export of Non-basmati Rice – exemption for export to Bangladesh.

21/2010-11

Prohibition on Export of Non-basmati Rice – exemption for export of Sona Masuri, Ponni Samba and Matta rice.

22/2010-11

Amendment of paragraph 4.1.3 of Foreign Trade Policy (FTP) to allow access to duty free inputs based on actuals to manufacturer of pharma products through Non-Infringing process- regarding. 

23/2010-11

Prohibition on export of milk powders(including skimmed milk powder, whole milk powder, dairy whitener and infant milk foods), Casein and Casein products.

24/2010-11

Removal of ban on export of Onions.

25/2010-11

Prohibition on export of milk powders(including skimmed milk powder, whole milk powder, dairy whitener and infant milk foods), Casein and Casein products -  Non-application of transitional arrangement under para 1.5 of Foreign Trade Policy, 2009-14

26/2010-11

Export of Honey to USA and European Union.

27/2010-11

Prohibition on export of wheat – Exemption for export of wheat to Afghanistan.

28/2010-11

Amendment in Para 8.5 of  FTP

29/2010-11

Minimum Export Price of Onions

30/2010-11

Minimum Export Price of Onions.

31/2010-11

Quantity restriction of 720 million Kg on export of cotton yarn during 2010-11.

32/2010-11

Quantity restriction of 55 lakh bales on export of cotton during Cotton Season, 2010-11- Exemption for export of 5000 bales of Assam Comilla cotton

33/2010-11

Prohibition on export of Non-basmati Rice – Amendment in Notification  No. 33/2009-14 dated 03.03.2010 relating to exemption for export to Nepal regarding

34/2010-11

Minimum Export Price of Onions.

35/2010-11

Extension of prohibition on export of Pulses (except Kabuli Chana and 10,000 tonnes of organic pulses) upto 31.03.2012

36/2010-11

Minimum Export Price of Onions

37/2010-11

Exemption for export of  milk powders(including skimmed milk powder, whole milk powder, dairy whitener and infant milk foods), Casein and Casein products under para 9.12 of Handbook of Procedure Vol. 1.

38/2010-11

Amended in 2010 shall apply to the goods, services and technologies specified in the Annexure

39/2010-11

Import policy of Vehicles

40/2010-11

Removal of restriction on export of cotton yarn

41/2010-11

Minimum Export Price of Onions

42/2010-11

Amendment in the Foreign Trade Policy, 2009-2014

 

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