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Archive: April, 1995

Posts in April, 1995

Facbrics woven from Bleached, Dyed Yarn – Dutiability – Regarding

April 6, 1995 538 Views 0 comment Print

Circular No. 115/26/95-CX I am directed to refer to the changes made in the 1995 budget in the tariff description of fabrics falling under Chapter 52, 54 and 55 and to state the certain doubts have been raised regarding the duty liability of woven fabrics made from bleached or dyed yarn.

Duty Exemption Scheme-Customs clarifications on the new EXIM policy

April 5, 1995 1009 Views 0 comment Print

Ministry of Commerce have published a revised edition of Export & Import Policy for the period 1992-97 on 31.3.95. The changes in the Exim Policy take effect from 1.4.95. Duty Exemption Scheme in the revised Exim Policy has undergone many important changes. Consequential notifications

Central Excise – Notification No. 77/95-Central Excise* and 78/95-CE both dated 3rd April, 1995 reg.

April 5, 1995 544 Views 0 comment Print

Circular No. 114/2/95-CX Notification No. 77/95-CE amends Notification No. 35/95-CE dated 16.3.95 so as to fully exempt twisted polyester filament yarn and twisted nylon filament yarn which are manufactured out of textured or draw twisted polyester filament yarn and textured nylon filament yarn respectively

Instructions relating to issuance of Invoice (s) under Rule 57-G of Central Excise Rules -Regarding

April 4, 1995 541 Views 0 comment Print

Circular No. 113/24/95-CX I am directed to refer to Board”s Circular No. 96/7/95-CX dated 13th February, 1995 issued from F.No. 267/ 9/ 95-CX-8 on the above mentioned subject

Circular No. 702-Income tax dated 3-4-1995

April 3, 1995 927 Views 0 comment Print

Circular No. 702-Income tax Under the provisions of section 80DD of the Income-tax Act, 1961, an assessee who is resident in India being an individual or a Hindu undivided family is allowed a deduction of Rs. 15,000 for expenditure incurred in respect of handicapped dependants subject to the following conditions

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