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1.Request to join with family for Spritual and Cultural Programme organised by Art of Living, Near Mayur Vihar Extension Metro Station, Delhi from 11-13 March from 5PM onwards. Chief Guest Prime Minister and President of India. Entry Free.
2.Jurisdiction of AO in search cases cannot be challenged after one month of notice.This amendment will take effect from 1st June, 2016
3.Digital Signature is now mandatory w.e.f. 4th Quarter of FY 2015-2016 for dealers having turnover above Rs. 50 lakhs. It means all the returns and other correspondences should be filed with D-VAT department via digital signature only.
4.Power of CG to impose transitional product specific safeguard duty on imports from the People’s Republic of China, to omit section 8C of the Customs Tariff Act as the provision which was inserted for a period of ten years has lapsed. Clause 137, Omission of section 8C - THE FINANCE BILL, 2016
5.Extension to 31.03.16 of last date to file DP-1 under DVAT (online submission of Dealer profile). Notification dated 01.03.2016.
6.Insertion of new section 73A of Customs Act, 1962: Custody and removal of warehoused goods, to provide for the custody and removal of warehoused goods.
7.Amendment of section 73 of Customs Act, 1962: Cancellation and return of warehousing bond , to insert the word “transferred or” after the words “exported or”.
8.Amendment of section 71 of Customs Act, 1962: Goods not to be taken out of warehouse except as provided by this Act, to substitute the word “re-exportation” with the word “export”

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