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Requirement of Certification regarding export of Fresh Grapes, Groundnut, Peanut & its products.
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Export certification: APEDA registration and aflatoxin testing required for grapes and groundnut exports; some destinations need pre shipment certification.
Export of fresh grapes and groundnuts/peanuts and their products is permitted subject to certification requirements: grapes to the European Union require registration with APEDA; groundnuts and products require APEDA registration plus a controlled aflatoxin level certificate from APEDA-recognized laboratories for most destinations; exports to certain destinations continue to require pre-shipment quality certification issued by listed laboratories or other agencies as notified.
Rate of exchange of conversion of each of the foreign currency with effect from 4th January, 2013
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Exchange rate determination sets statutory conversion rates for foreign currencies for import and export valuation.
Determination under section 14 of the Customs Act prescribing the rates of exchange for conversion between specified foreign currencies and Indian rupees, effective 4 January 2013, superseding the earlier notification; rates are set in Schedule I (imported/export goods) and Schedule II (Japanese Yen), with corrigenda correcting two Yen entries.
FEMA (DEPOSIT) (AMENDMENT) REGULATIONS, 2013 - AMENDMENT IN SCHEDULE 3 - NON-RESIDENT ORDINARY RUPEE (NRO) ACCOUNT SCHEME REGARDING
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Non-resident Ordinary Rupee account rules updated to permit Bangladeshi individuals with valid visa and residential permit, with reporting.
Amendment to Schedule 3 of the Deposit Regulations revises the NRO Account scheme to allow authorised dealers/banks to open NRO accounts for individuals of Bangladesh nationality if the individual holds a valid visa and residential permit issued by the relevant FRO/FRRO, while entities of Bangladesh ownership require Reserve Bank approval. It also requires branch-to-head office reporting and quarterly submission by Head Offices to the Ministry of Home Affairs of name, passport number, issuing country/state, FRO/FRRO name, residential permit date and validity.
Revoke the monetary limit of 'one thousand and five hundred rupees' prescribed - Eligible for Claiming Refund of tax Borne in respect of Purchase Made Against a Single Tax Invoice which exceeds the amount of 'five thousand rupees' excluding tax paid
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Refund eligibility for purchases against a single tax invoice expands after revocation of prior monetary limit, broadening claim access.
The notification revokes the earlier monetary cap of one thousand five hundred rupees and provides that organisations listed in the Sixth Schedule shall be eligible to claim refund of tax borne on purchases made against a single tax invoice exceeding five thousand rupees (excluding tax). The change is effected under the relevant Delhi VAT Rules and is effective from 01.01.2013.
No security required for New DVAT Registration till 31-March-2013
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Registration security waiver: DVAT applicants before the administrative deadline are not required to furnish security for registration.
No security deposit is required from dealers seeking registration under the Delhi Value Added Tax scheme who apply to the Department on or before the administrative cutoff; the Commissioner has directed that such applicants need not furnish security as a condition of registration, and the directive takes immediate effect.

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Acts Income Tax