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January 2009

A.P. (DIR Series) Circular No. 38, dated 4-12-2008 — Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Govt. of India and erstwhile USSR.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Chartered Accountants

Reading Time 1 mins

New Page 1

Part C : RBI/FEMA

Given below are the highlights of certain RBI Circulars.

21 A.P. (DIR Series) Circular No. 38, dated
4-12-2008 — Deferred Payment Protocols dated April 30, 1981 and December 23,
1985 between Govt. of India and erstwhile USSR.

The rupee value of the special currency basket has been fixed
with effect from November 10, 2008 at Rs.62.5050 as against the earlier value of
Rs.65.4398.

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January 2009

A.P. (DIR Series) Circular No. 38, dated 4-12-2008 — Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Govt. of India and erstwhile USSR.

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Dealers are now required to file MVAT returns online — Notification No. VAT/AMD-1007/IB/Adm-6, dated 20-12-2008.

A.P. (DIR Series) Circular No. 39, dated 8-12-2008 — Buyback/Prepayment of Foreign Currency Convertible Bonds (FCCBs)

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January 2009

A.P. (DIR Series) Circular No. 38, dated 4-12-2008 — Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Govt. of India and erstwhile USSR.

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You May Also Like

Dealers are now required to file MVAT returns online — Notification No. VAT/AMD-1007/IB/Adm-6, dated 20-12-2008.

A.P. (DIR Series) Circular No. 39, dated 8-12-2008 — Buyback/Prepayment of Foreign Currency Convertible Bonds (FCCBs)