: AIAI :

Sub.: Problem in filing ST-3 returns for the current period, if by mistake assesses already filed returns for this period – Procedure for rectification. Instances have been reported by some field formations to this Directorate-General that some assesses had indvertently filed ST3 Returns online in ACES for a future period. As a result, when they tried filling the returns for the same period, when it was due, the system did not accept it as the returns for that period were already in the database. As per the earlier functionality in ACES, the system allowed filling of ST3 returns by choosing the period, from the drop menu (Apr-Sept or Oct-March) for a particular financial year, for which the return was required to be filed and there was no validation in the system to disallow choosing a future period. As a result, if an assesses wishing to file a return for six-month period of Apr-Sept, 2010, inadvertently selected Oct-March period from the drop-down menu, instead of disallowing the assesses to file return for this period (Oct-Mar), it permitted filing the return. Subsequently, when he tried to file the return for the period Oct-March, 2011, the system would not allow him to file. In order to prevent occurrence of this problem, modification has been carried out in ACES application and now assesses are not being allowed to file ST-3 Returns for any future period. It is, however, verified that around 1050 assesses have already filed such returns, some of which have approached the ACES Service Desk with a request to correct the period of return so as to enable them to file return for the current period. But since any such corrections by DG Systems, on the basis of direct request from the assesses may lead to legal dispute or revenue lost, and may, therefore, be misused, it has been decided that upon receipt of request from such assesses, the Commissionerate will verify the genuineness of the claim of the assesses for amendment of the period of return and if satisfied, will forward their recommendation to DG (Systems). Upon receipt of the specific recommendations from the Commissionerates for change of period of return, DGS will correct the return period at back-end to enable the asseesses to file the ST-3 Returns for the concerned period. You are therefore informed to get the requests, if any, from the assesses thoroughly examined before sending recommendations to DGS for correcting the return period through a back end process in ACES. This process may be circulated amongst your staff members and suitable trade notices may also be issued so that any assessee, facing this problem can approach your office for necessary action. This issues with the approval of Director-General (Sys) Yours faithfully D. P. Dash Additional Director General (Systems)

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Right to Information Act, 2005 (Public Notice)

Right to Information Act, 2005 (Public Notice)

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INDIA-INDONESIA COMPREHENSIVE ECONOMIC COOPERATION

FEEDBACK ON INDIA-INDONESIA COMPREHENSIVE ECONOMIC COOPERATION AGREEMENT (CECA)

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Mumbai Worksite Tobacco Control Project

Mumbai Worksite Tobacco Control Project

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Survey on Labour / Skill Shortages for Industry

Survey on Labour / Skill Shortages for Industry

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Tender Embassy of India, Nepal

We have received communication from the Embassy of India, Nepal with regard to Tenders in the following sectors – Chemical Fertilisers ? Infrastructure ? Web off Set Machine ? Water Supply project ? Security ? Telecom. The details about the tender is available on the website Interested members may contact the Embassy of India at trade@eoiktm.org , Tel.: 00-9771-4410232for further details.

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Customs Notification issued adding Philippines as

The Department of Revenue, Ministry of Finance has issued Customs Notification No. 40/2011 Customs (N.T) dated 24th June, 2011 notifying amendment in the Customs Tariff (Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of Member State of the Association of Southeast Asian Nation (ASEAN) and the Republic of India) Rules, 2009 notified vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 189/2009- Customs (N.T), dated the 31st December, 2009 The above rules prescribe the rules of origin for the India – ASEAN Preferential Trade Agreement (PTA) Vide the present amendment, Philippines has been added as a country covered under India and ASEAN PTA.

Creation of National Clean Energy Fund

Creation of National Clean Energy Fund

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FICCI ON COMBINATION REGULATIONS

New Delhi, May 11, 2011: FICCI welcomes CCI’s announcement on much awaited Combination Regulations that will now help in establishing a vibrant and forward looking competition practice India. The consultative process adopted by CCI in finalizing these regulations have indeed helped in taking care of several of Industry’s concerns. “We are delighted that most of the concerns and recommendations made by us find place in notified guidelines particularly the Schedule 1 that related to Exempted transactions which are not likely to cause appreciable adverse effect on competition in India. In particular FICCI also welcomes the clarification issued on transactions or mergers on which definitive action has commenced prior to 1 June 2011 and hence are outside the purview of the Commission, said Ms Vijaya Sampath, Co-chair, Corporate Law Committee of FICCI. Drastic reduction in fees from earlier proposal of Rs 10 – 40 lakhs to Rs. 50,000 – 10 lakh is a huge relief to the Industry. To speed up the clearance process, the days of approving transactions will now be computed with reference to calendar days as against proposal of calculating this period on working day basis. Similarly, Exempting foreign transactions taking place entirely outside India with insignificant local nexus comes as a huge relief and greater certainty to particularly foreign players who were extremely worried on this account. “However, the regulations still do not talk about pre merger consultation which is a global good practice. But FICCI is sure that given the flexibility with which CCI has worked with Industry, the regulator at some stage would find value in including this world wide practice”, said Ms Sampath.

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Comments on the Draft Competition Commission of In

? Transactions which do not result in appreciable adverse effect on competition:- Combinations listed under Schedule I:- The draft regulations of 2009 had in regulation 5 indicated certain transactions unlikely to cause appreciable adverse effect on competition implying that there was no filing requirement in such cases.

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The Competition Commission of India (Procedure in

No. 1-1 / Combination Regulations/2011-12/CD/CCI, ---- In exercise of the power conferred by sub-section (1) and clauses (b) ,(c) and (f) of sub-section (2) off section 64 read with sub-sections (2) and (5) of section 6 of the Competition Act, 2002 ( 12 of 2003), the competition commission of India hereby makes the following regulations, more details click on attachment

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Welspun Maxsteel Limited

WMSL Part of Welspun Group Formed to acquire operating plant i.e. Vikram Ispat (acquisition completed w.e.f. 22nd May 2009) Vikram Ispat was a division of Grasim Industries Ltd., a Aditya Birla Group Company WMSL is producing sponge Iron using gas technology Set up in 1989 First and the only plant globally where both HBI and DRI are produced from the same Reactor Existing capacity is 0.9 MTPA Well equipped with state of art technology “HYL III” from HYLSA of Mexico.(Now Tenova Italy) Gas based Hot Briquetted Iron (HBI) / Direct Reduced Iron (DRI) Well equipped captive Jetty available. Handling raw material Iron ore lumps , Pellets , Finished product

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Initiative by Public Establishment for Industrial

Initiative by Public Establishment for Industrial Estate, Sultanate of Oman, to promote public private partnership PEIE investment arm to support joint initiatives with private sector.

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Mining & Hydrocarbons Project in Russia

Mining & Hydrocarbons Project in Russia

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Filling of Returns Electronically - Reg

Members of the trade and public are hereby informed that the Central Board of Excise and Customs has amended the Central Excise Rule, 2002 vide Notification No. 04/2010-CX., (N.T) dated 19th feb., 2010 as under

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India and China Relations

Indo-Chinese friendship has added yet another feather in the cap. It is highly gratifying to note that Indian doctor Dwarkanath Kotnis, who treated Chinese soldiers during the Sino-Japanese war of 1938 and won the heart of the Chinese people with his selfless service has been chosen in a recent nationwide poll in China as one of the ten foreigners who have made exceptional contributions to the country in the past 100 years. This honourable recognition further elevates India China friendship to a higher plank and brings the two countries closer. While paying our humble tribute to Dr. Kotnis, I would like to remind you that on the day when the Chinese pay respects to their ancestors, the grave of this doctor on the plains of North China is covered with flowers donated by the local Chinese.

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Implementation issues post ITI adoption under

The Government’s scheme of adoption of ITI under Public Private Participation under the scheme of upgradation of 1396 ITI(s). Many who have adopted ITI’s under this scheme are facing implementation issues. In this regard, FICCI would like to highlight these issues to the Government so that appropriate relief could be provided. Members are requested to send us the problems faced by them to enabl

Replacement of DEPB Scheme

The Union Government is considering to replace the Duty Entitlement Pass Book Scheme (DEPB) to reimburse input taxes paid by the exporters in view of the forthcoming GST and has asked the Empowered Committee of Finance Ministers to take up the issue of an alternative to DEPB. Since the GST will be a two tier system, reimbursement of input taxes, particularly at State level, needs to be tackled.

Study on ‘MSME Support Scheme having role for Asso

We wish to inform you that MSME associations and Business Membership Organizations (BMOs) are being increasingly partnered for design and implementation of MSME support programmes. A number of such MSME support schemes have been announced after 1991 by different Union Ministries, Government of India wherein Associations are expected to play a lead role. Whereas there has been some resistance in public policy set up towards such partnerships, evident from unrealistic conditions imposed in many of these schemes, the Associations themselves have not been fully geared up for taking up the new role. A Study commissioned by GTZ ( German Technical Cooperation)- under SME F&D Project, highlights some of these findings. A first of its kind, the study provides: a. Mapping of all MSME Support Schemes envisaging lead role by Associations (42 schemes) b. Detailed analysis of major public schemes (supply side) and the associations (demand side) c. Model steps for effective design and implementation of schemes and an institutional framework for Capacity Building of MSME associations In this regard, FISME has requested us for suggestions. Members are therefore requested to send us your comments / suggestions at the earliest. The draft working paper is available at FISME’s homepage at http://fisme.org.in/FISME_Capable/Study.pdf

Tender

The Ministry of Local Government, Rodrigues and Outer Islands of the Republic of Mauritius is inviting Expression of Interest for the Procurement of Compact Fluorescent Lamp 40W. The bidding documents are available free of charge on the web site of the Ministry of Local Government, Rodrigues & Outer Islands at http://localgovernment.gov.mu . Kindly note that an acknowledgement downloadable form is available together with the downloadable bidding documents. Once the bidding documents have been downloaded, the form has to be filled in and submitted by mail or fax to the below address: Permanent Secretary, Attn. : Manager, Procurement and Supply, Ministry of Local Government Rodrigues and Outer Islands 3rd Floor , Emmanuel Anquetil Building Cnr Jules Koenig & SSR Streets Port Louis, Mauritius. Bids must be delivered to the Permanent Secretary, Ministry of Local Government, Rodrigues and Outer Islands at or before Friday 20 November 2009 up to noon (local time). Electronic bidding will not be permitted. Late bids will be rejected All bids must be accompanied by a Bid-Securing Deceleration. Tenders issued by the Israel Electric Corporation 1. No.100255480- stage 1 of 2 pre qualification stage – Technical / commercial excluding prices – emission reduction projects – SCR systems Specificiation BZM – 2100. Deadline for submission of proposals – November 22, 2009 2. No.100269440 – Contract for the supply of Lubrication Oil for Gasoline and Diesel Engine. Deadline for submission of proposal – November 1, 2009. Additional information on the tenders are available on the website : www.israel-electric.co.il

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