Monthly Archives: February 2014

Framework for Revitalising Distressed Assets in the Economy – Refinancing of Project Loans, Sale of NPA and Other Regulatory Measures

  Reserve Bank of India vide its notification no. RBI/2013-14/502 dated February 26, 2014 issued to All Scheduled Commercial Banks (excluding RRBs) and All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) notified the following: Refer to paragraphs … Continue reading

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Security Incident Tracking Platform‐ Reporting thereon

  Reserve Bank of India vide its notification no. RBI/2013‐14/501 dated February 26, 2014 issued to The Chief Information Security Officer (CISO) of All Scheduled Commercial banks notified that: Information on Security, particularly security incidents, external attacks, internal compromises etc. … Continue reading

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CENVAT Credit (Third Amendment) Rules, 2014

  Government of India, Ministry of Finance (Department of Revenue) vide its notification no. 05/2014-CE (NT) dated 24th February, 2014 hereby makes the following rules further to amend the CENVAT Credit Rules,2004, namely:- (1) These rules may be called the CENVAT Credit … Continue reading

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Revision in Appendix 37 A and 37 D of Handbook of Procedure – Volume I.

  Government of India, Ministry of Commerce & Industry, Department of Commerce, Director General of Foreign Trade vide its Public Notice no.  52 / (Re-2013)/2009-2014 dated 25th February 2014 hereby notifies revised Appendix 37 A and 37 D of the … Continue reading

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Amendment in notification No. 06/2013- Service Tax dated 18.04.2013 regarding removal of Cotton Yarn for removal from the list of exports not eligible under Focus Market Scheme and Incremental Export Incentive Scheme

  Government of India, Ministry of Finance, (Department of Revenue) vide its Notification No. 05/2014 – Service Tax dated 24th February, 2014 hereby makes the following further amendments in the notification of the Government of India in the Ministry of … Continue reading

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Amendment in Notification No. 30/2012 – Central Excise dated 09.07.2012 regarding removal of Cotton Yarn for removal from the list of exports not eligible under Focus Market Scheme and Incremental Export Incentive Scheme

  Government of India, Ministry of Finance (Department of Revenue) vide its notification no. 05/2014-Central Excise dated 24th February, 2014  hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) … Continue reading

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Amendment in notification no. 93/2009-Customs dated 11.09.2009: Regarding Cotton Yarn (for the paragraph 3.14.5 of the Foreign Trade Policy

  Government of India, Ministry of Finance (Department of Revenue) vide its Notification No. 07/2014 – Customs dated 24th February, 2014 hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance … Continue reading

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FIMMDA’s Trade Reporting and Confirmation platform for OTC transactions in Corporate Bonds and Securitized Debt Instruments

  Reserve Bank of India vide its notification no. RBI/2013-14/500 dated February 24, 2014 issued to All RBI Regulated Entities notified the following: Please refer to our circulars IDMD. 530/03.64.00/2007-08 dated July 31, 2007 and IDMD.PCD. 06/14.03.06/2013-14 dated August 26, … Continue reading

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Exim Bank’s Line of Credit of USD 10 million to the Government of the Republic of Nicaragua

  Reserve Bank of India vide its notification no. RBI/2013-14/499 dated February 24, 2014 issued to All Category – I Authorised Dealer Banks notified the following: Export-Import Bank of India (Exim Bank) has entered into an Agreement dated June 14, … Continue reading

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Foreign Direct Investment (FDI) into a Small Scale Industrial Undertakings (SSI) / Micro & Small Enterprises (MSE) and in Industrial Undertaking manufacturing items reserved for SSI/MSE

  Reserve Bank of India vide its notification no. RBI/2013-14/498 dated February 20, 2014 issued to All Category – I Authorised Dealer Banks clarified the following: Reference to Schedule 1 of the Foreign Exchange Management (Transfer or Issue of Security … Continue reading

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