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Archive: 2007

Posts in 2007

Post Office Deposit now Eligible for Deduction Under Section 80C

December 29, 2007 7938 Views 0 comment Print

Section 80C of the Income-tax Act provides for a deduction of up to Rs. One lakh to an individual or a Hindu undivided family (HUF) for:- (i) making investments in certain savings instruments; or (ii) incurring expenditure on tuition fee and repayment of housing loan.

Notification No. 45/2007 – Service Tax, dated 28-12-2007

December 28, 2007 2309 Views 0 comment Print

Notification No. 45/2007 – Service Tax In exercise of the powers conferred by sub-sections (1) and (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Service Tax Rules, 1994, namely :-

Notification No. S.O. 2219(E), dated 28/12/2007

December 28, 2007 631 Views 0 comment Print

—In exercise of powers conferred by sub-section (6) of Section 25 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following amendment to the notification number S.O. 1578, dated the 1st July, 1961, namely

Notification No. S.O. 2218(E), dated 28/12/2007

December 28, 2007 991 Views 0 comment Print

—Whereas in exercise of the powers conferred by sub-sections (1) and (2) of Section 613 of the Companies Act, 1956 (1 of 1956), the Central Government vide S.O. 3879. dated the 22nd December, 1962 had ordered that the fees payable under Section 611 of the said Act read with Schedule X thereto, for registration

Notification No.42/2007-Central Excise (N.T.); dated: 27.12.2007

December 27, 2007 724 Views 0 comment Print

Prvided that if a person has, in respect of same goods, committed offences falling under more than one category specified above and where amount of duty evasion or amount of CENVAT Credit wrongly taken or utilized is same for all such offences, the compounding amount, in such cases, shall be the amount determined for the offence for which a higher compounding amount has been prescribed.

Circular No. 862/20/2007-Central Excise, Dated: 27.12.2007

December 27, 2007 2026 Views 0 comment Print

The undersigned is directed to refer to notification No.42/2007-C.E.(N.T) dated 27.12.2007, wherein amendments have been carried out in the Central Excise (Compounding of Offences) Rules, 2005

Public Notice No. 93 (RE-2007)/2004-09, Dated: 27.12.2007

December 27, 2007 649 Views 0 comment Print

Applications received after the last date shall be summarily rejected, as Para 9.2 and Para 9.3 shall not be applicable. Date of exports shall be determined in terms ofPara 9.12. Application form ‘ANF for Para 3.8.6’ is annexed, as Annexure I.

Notification No. 127/2007-Customs Duty (N.T.), Dated: 27th December, 2007

December 27, 2007 337 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs (Export), Nhava Sheva, Raigad, Maharashtra to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on the Commissioner of Customs (Export).

Notification No. 126/2007-Customs Duty (N.T.), Dated: 27th December, 2007

December 27, 2007 457 Views 0 comment Print

for the purpose of adjudicating the matters relating to show cause notice pertaining to M/s Sunland Alloys, Survey No. 116/1/1/1/2, Rudhana, Silvasa, (D and NH), issued, vide, DRI/ASU/INV-7/2006 dated the 7th May, 2007, by the Additional Director General, Directorate General of Revenue Intelligence, Regional Unit, Sangna Society, Gurukrupa building, Rander Road, Surat.

Notification No. 125/2007-Customs Duty (N.T.), Dated: 27th December, 2007

December 27, 2007 1867 Views 0 comment Print

Mulund for the purpose of adjudicating the matters relating to show cause notice pertaining to M/s Nirmal Polyster Pvt. Ltd., Block No. 160, Plot No. 16/1, At/Po. Pipodara, Tuluka Mangrol, District Surat, vide, DRI/AZU/INV-06/2005/NPPL, dated the 31st July, 2007, by the Additional Director General, Directorate General of Revenue Intelligence, Zonal Unit, Ahmedabad.

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