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Customs - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Grant of reward to informers and Government Servants – amendment ...

Customs

June 24, 2016

Grant of reward to informers and Government Servants – amendment to existing Guidelines issued vide Circular No.20/2015 dated 31-07-2015 - Circular

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  1. Non-payment of Reward payable to the informer - at this stage, reward amount cannot be released, since tax has not became irrevocably due to the Government.

  2. Reward to informer being government servants - It is only in extraordinary circumstances and events that the ex gratia payment of reward is contemplated when the...

  3. Informer is not eligible for reward in the absence of complete information

  4. Reward to Informer - reward is an exgratia payment and subject to the guidelines and may be granted on the absolute discretion of the authority competent and further...

  5. Amendments to guidelines for rights issue, preferential issue and institutional placement of units by a listed InvIT - Circular

  6. Amendments to guidelines for rights issue, preferential issue and institutional placement of units by a listed REIT - Circular

  7. Withholding of final reward - petitioner's claim as a legal heir - Though there is no legal right to demand a reward, as stated in the policy, the rejection must not be...

  8. Implementation of Circular on ‘Guidelines in pursuance of amendment to SEBI KYC (Know Your client) Registration Agency (KRA) Regulations, 2011’ - Circular

  9. Amendment of the existing policy on Foreign Direct Investment in Single-Brand Product Retail Trading - FDI GUIDELINES

  10. Amendment in Service Tax vide Finance Act, 2012 to the existing provisions empowering the CBEC to withdraw the provisions of positive list shall be effective from...

 

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