"February, 1995" Archive - Page 2

Awards disbursement within three months of sanction

Circular No. 99/10/95-Central Excise 20/02/1995

Circular No. 99/10/95-CX I am directed to say that while replying to a Parliament Question on sanction and disbursement of rewards, it has come to the notice of the Boards that there is considerable time lag between the date of sanction of the reward and the date of disbursement of reward. ...

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Circular No. 98/9/95-Central Excise, Dated: 20.02.1995

Circular No. 98/9/95-Central Excise 20/02/1995

Circular No. 98/9/95-CX I am directed to say that a number of complaints have been received from the trade circle to the effect that delay in clearance of AR4s. (under VBAL/QBAL) by the Central Excise officers, is adversely affecting the exports....

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Notification No. S.O.101(E) – Income Tax Dated 16/2/1995

Notification No.S.O.101(E) - Income Tax 16/02/1995

Notification No.S.O.101(E) - Income Tax In exercise of the powers conferred by clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies J. M. Mutual Fund set up under a trust deed dated 1st September, 1994, by J. M. Financial and Investment Consultancy Services Limited and J. M. Share a...

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EOUs / EPZ Units – Inter-Unit Transfer

Circular No. 13/95-Custom Duty 15/02/1995

As you are aware aware the Scheme of 100% EOUs / EPZs envisages the transfer of goods imported or manufactured by a Unit from one Unit to another. Such transfer may be for purpose of use of the goods within the transferee unit or its export or further manufacture. While, this facility has been available since sometime, the purpose of such...

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Advance Licence – Nexus between export product and imported input to continue to be established

Circular No. 11/95-Custom Duty 15/02/1995

Your attention is drawn to the Ministry's Circular No. 34/94 dated 12/12/94 emphasising the need for nexus between import items and inputs used in the export goods and the reference made therein in DGFT's ALC Circular No. 17/94 dated 8.11.94 DGFT have ...

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“Tajima” brand Embroidery Machine- whether verticle type or not

Circular No. 97/8/95-Central Excise 13/02/1995

Circular No. 97/8/95-CX I am directed to refer to Board"s Circular No. 42/ 42/ 94-CX. (F. No. 58/1/93-CX.I) dated 7.6.94 on the subject noted above and to say that since "second para" of the said circular is not factually correct and is also not relevant to the issue discussed the same may be omitted from the said circular....

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Circular No. 96/7/95-Central Excise, Dated: 13.02.1995

Circular No. 96/7/95-Central Excise 13/02/1995

Circular No. 96/7/95-CX Rule 57G of Central Excise Rules deals with the accounting procedure for the persons issuing invoices under Rule 57G. It is necessary that transactions relating to goods invoices under Rule 57G. It is necessary that transactions relating to goods on which Modvat Credit is to be availed of are smoothly carried out...

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Instructions relating to issuance of invoice (s) under Rule 57G of Central Excise Rules

Circular No. 96/7/95-Central Excise 13/02/1995

Instructions relating to issuance of invoice (s) under Rule 57G of Central Excise Rules-Rule 57G of Central Excise Rules deals with the accounting procedure for the persons issuing invoices under Rule 57G. It is necessary that transactions relating to goods invoices under Rule 57G. It is necessary that transactions relating to goods on wh...

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Notification No. S.O.112(E) – Income Tax Dated 12/2/1995

Notification No.S.O.112(E) - Income Tax 12/02/1995

Notification No.S.O.112(E) - Income Tax In exercise of the powers conferred by clause (a) of the Explanation to section 115AD of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Foreign Institutional Investors specified in the table below for the purposes of the said section. ...

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Circular No. 95/6/95-Central Excise, Dated: 09.02.1995

Circular No. 95/6/95-Central Excise 09/02/1995

Circular No. 95/6/95- CX I am directed to refer to Board"s Circular No. 2/92-CX.1 (F.No. 54/9.92-CX.1) dated 31.12.92 wherein it was clarified that the Board"s Section 37-B order No. 8/92/ dated 24.9.92 cannot change the status of the past closed assessments. But, wherever cases are pending decision...

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