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 2011-2012

Notifications

Subject

43/2011-12

Prohibition on export of wheat Products – Exemption for export of wheat flour to Maldives for the year 2011-12.

44/2011-12

Permission to export 2,50,000 MTs of wheat, in the year 2011-12, to Afghanistan, upto 31.03.2012

45/2011-12

Amendment in Paragraph 2.31 of FTP, 2009-14 to allow export of samples as part of passenger baggage

46/2011-12

Minimum Export Price of Bangalore Rose Onions and Krishnapuram Onions.

47/2011-12

Export of Guar gum.

48/2011-12

Addition of Municipal Corporation of Delhi (MCD) as preshipment inspection agency for export of meat.

49/2011-12

Export of Guar gum

50/2011-12

Exemption for export of 10,000 MTs of organic edible oils.

51/2011-12

Export of Organic Pulses.

52/2011-12

Exemption for export of 10,000 MTs of organic sugar.

53/2011-12

Exemption for export of wheat flour to Maldives for the years 2011-12, 2012-13 and 2013-14. 

54/2011-12

Export of Stone Aggregate to Maldives under Bi-lateral Trade Agreement between Government of India and Government of the Republic of Maldives. 

55/2011-12

Export of River Sand to Maldives under Bi-lateral Trade Agreement between Government of India and Government of the Republic of Maldives.

56/2011-12

Minimum Export Price of Onions

57/2011-12

Quantity restriction of 65 lakh bales on export of cotton during Cotton Season, 2010-11.

58/2011-12

Exemption for export of cotton waste including yarn waste and garneted stock [ITC (HS) Code 5202] from the quantity restriction on export of cotton during Cotton Season, 2010-11. 

59/2011-12

Minimum Export Price of Onions.

60/2011-12

Exemption for export of 10 lakh MT non basmati rice on private A/C.

61/2011-12

Validity of extension for export of 6,50,000 tons of wheat products upto 31.03.2012.

62/2011-12

Export of Cotton  [ITC (HS) Code 5201 & 5203], amendment in nature of restriction

63/2011-12

Export of Cotton  [ITC (HS) Code 5201 & 5203]: obtaining of Registration Certificate

64/2011-12

Policy for issue of import licenses of Rough Marble Blocks for the Financial year 2011-12.

65/2011-12

Import policy of Worked monumental or building stone (except slate) and articles thereof, other than goods of heading 6801; mosaic cubes and the like, of natural stone (including slate), whether or not on a backing; artificially coloured granules, chippings and powder, of natural stone (including slate)

66/2011-12

Minimum Export Price of Onions.

67/2011-12

Export of Cotton [ITC (HS) Code 5201 & 5203]: obtaining of Registration Certificate.

68/2011-12

Minimum Export Price of Onions.

69/2011-12

Import of Marble from Bhutan

70/2011-12

Minimum Export Price of Onions.

71/2011-12

Removal of ban on export of non-Basmati rice.

72/2011-12

Removal of ban on export of wheat.

73/2011-12

Ban on export of Onions.

74/2011-12

Policy for export of cotton with effect from 1st October,2011.

75/2011-12

Removal of ban on export of Onions.

76/2011-12

Export of non-Basmati rice by the Public Sector Undertakings and Government organizations under Food Aid Programme and Under bi-lateral Trade Agreement between Government of India and Government of Maldives.

77/2011-12

Extension of ban on export of edible oils up to 30.09.2012 and exemption for export of edible oil in branded consumer packs with a ceiling of 10,000 tons from 01.11.2011 to 31.10.2012.

78/2011-12

Policy for export of cotton waste including yarn waste and garneted stock [ITC (HS) Code 5202] with effect from 1 st October,2011.

79/2011-12

Amendments in Para 3.14.2 and Para 3.15.2 of Foreign Trade Policy 2009-14

80/2011-12

Import of Radioimmunoassay kits (Medical equipments containing radioactive isotopes)

81/2011-12

 

82/2011-12

Amendment in chapter 2 of ITC(HS) relating to export of meat.

83/2011-12

Exemption for export of excise verified stock of 1053. 625 MTs of casein and casein products manufactured prior to imposition of ban on export of milk products i.e. 18.02.2011.

84/2011-12

Amendments in the Para 3.16.1 of FTP 2009-14

85/2011-12

Minimum Export Price of Onions

86/2011-12

Minimum Export Price of Onions. 

87/2011-12

Exemption of Bhutan from the application of export bans by India on export of Milk Powder, Wheat, Edible Oils, Pulses and Non Basmati Rice 

88/2011-12

Export of 10,000 Tons of non-Basmati rice to Horn of Africa (Kenya, Somalia & Djibouti) 

89/2011-12

Deferment in the date of effect of one provision contained in Note-6 of Notification No. 82 of 31.10.2011 relating to export of meat. 

90/2011-12

Export of empty Gelatin Capsule, to EU.

91/2011-12

Prohibition on import of milk and milk products from China.

92/2011-12

Amendment in Para 8.4.4(iv) of  FTP

93/2011-12

Amendment in Appendix-3 to Schedule-2 of ITC(HS) Classification of Export and Import Items,2009-14-regarding supply of SCOMET Items from DTA to SEZ.

94/2011-12

Minimum Export Price of Onions.

95/2011-12

Import policy of arms and ammunition for Specified Sportspersons / Sport Bodies, amendment thereof.

96/2011-12

Minimum Export Price of Onions. 

97/2011-12

Amendment in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items relating to export of  Basmati Rice 

98/2011-12

Permission for  export of non-basmati rice through Land Custom Stations (LCS) on Indo-Bangladesh and Indo-Nepal border. 

99/2011-12

Permission for  export of wheat through Land Custom Stations (LCS) on Indo-Bangladesh and Indo-Nepal border. 

100/2011-12

Duty exemption on re-import of Cut & Polished Diamonds sent abroad for Certification/ Grading

101/2011-12

Amendment in the subject of Notification No. 98 (RE-2010)/2009-14 dated 23.02.2012. 

102/2011-12

Prohibition on export of cotton(Tariff Codes 5201 and 5203). 

103/2011-12

Amendment in the subject of Notification No. 99 (RE-2010)/2009-14 dated 23.02.2012.

104/2011-12

Exemption of Bhutan from the application of export bans by India on export of Milk Powder, Wheat, Edible Oils, Pulses and Non Basmati Rice

105/2011-12

Grant of export benefits / incentives to export proceeds realized even in Indian rupees – Exports to Iran

106/2011-12

Removal of Prohibition on export of cotton (Tariff Codes 5201 and 5203).

107/2011-12

Addition of new paragraph 8.7 in FTP making supplies to non mega power project ineligible for Deemed Export benefits.

108/2011-12

Exemption of Assam Comilla Cotton [ITC(HS) Code 5201 00 12] from export restriction on cotton during the current cotton season upto 30.09.2012. 

109/2011-12

Extension of prohibition on export of Pulses (except Kabuli Chana and 10,000 tonnes of organic pulses) upto 31.03.2013

 


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