Central Government hereby notifies the Chapter 5 of the Foreign Trade Policy, 2009-2014 harmonizing the two versions (Zero Duty and 3% Concessional Duty) of EPCG Schemes. This shall come into force w.e.f. 18th April, 2013.
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: The revised edition of Chapter 5 pertaining to Export Promotion Capital Goods (EPCG) Scheme of the Hand Book of Procedure (Volume I) after harmonizing the two variants of the existing scheme shall replace the existing Procedure with immediate effect.
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If the claim of the Revenue that both the assessments were completed by the same officer one under s. 158BC and the other under s. 158BD is correct, then certainly the review has to be allowed as Manish Maheshwari’s case (supra) has no application. We, therefore, allow the review petition by recalling the judgment and [...]
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Public Notice No. 54 (RE-2012)/2009-2014, New Delhi, Dated the 5th April, 2013 Sub: Deferment in the date of effect for implementation of bar-coding on Primary level packaging on export consignment of pharmaceuticals and drugs for tracing and tracking purpose. In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, as [...]
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Five new Pre Shipment Inspection Agencies (PSIA) have been notified. Area of operation of four existing PSIA’s has been widened.
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Prohibition on export of pulses has been extended by one more year; from 31.03.2013 to 31.03.2014. But, there are two exceptions to this. One is export of Kabuli Chana. Second is export of Organic Pulses and lentils; but with a ceiling of 10,000 MTs per annum and subject to certain conditions mentioned above.
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Notification No 39(RE – 2012)/2009-2014 New Delhi, Dated : 25th March, 2013 Subject: Amendment in Notification No 32(RE-2012)/2009-14 dated 5th February, 2013 relating to export of edible oils. S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 [...]
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Prudent financial management and adherence to discipline of budget would be compromised if refund is provided, in cases, where exemption is mandated. In fact, in such cases the relevant taxes should not have been collected to begin with. And if, there has been an error/oversight committed, then the agency collecting the tax would refund it, rather than seeking reimbursement from another agency.
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NOTIFICATION No. 37 (RE-2012) /2009-2014 DATED: 14th MARCH, 2013 S.O. (E) -In exercise of powers conferred by Section 5 and Section 14 A of the Foreign Trade (Development & Regulation) Act, 1992 {FT(D&R) Act,1992} as amended in 2010, the Central Government hereby makes amendments to the list of specified goods, services and technologies, i.e. Special [...]
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PUBLIC NOTICE No. 51(RE2012)/2009-14, DATED: 5th March, 2013 Subject: Amendments in the Reward/Incentive Schemes of Chapter 3 of Foreign Trade Policy 2009-14 – Appendix 37A, Appendix 37C and Appendix 37D of Handbook of Procedure (Vol. I).
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