I am directed to enclose herewith a compilation of instructions issued by Central Board of Excise & Customs on Duty Drawback Scheme. These instructions, as on 30th October, 1994, have been compiled in the from of a Book for use of field formations as well as the exporting community
This has reference to our letter no. SMD (N)/JJ/4311/94 dated July 20, 1994 regarding submission of report of turnover and delivery figures of your stock exchange.
I am directed to invite your attention to Board’s letter of even number dated 13.5.1992, wherein it had been clarified that the Additional Collectors of Customs and the Deputy Collectors of Customs shall exercise the same powers of adjudication and that such officers would adjudicate cases involving goods whose value dose not exceed Rs. 10 lakhs
Circular No. 94/5/95-CX Certain doubts have been expressed as to whether manufacture of cast iron powder out of cast iron granules (72.05)/ cast iron turnings & borings (72.04) amounts to manufacture for the purpose of Section 2(f) of the Central Excise & Salt Act, 1944.
Circular No. 6/95-Cus. dated Government of India Ministry of Finance Department of Revenue, New Delhi Update on 10.12.2020– CBIC has not issued any such Circular or if issued the Circular is not been hosted on Official website of CBIC. We also searched on Internet to find Circular No. 6/95-Cus. but we failed to find any […]
Hind Wire Industries Ltd. V CIT (1995) 212 ITR 639 SC- What falls for consideration in the present case is the interpretation of the expression from the date of the order sought to be amended in sub-section (7) of section 154 as it stood then It is obvious that the word order has not been qualified in any way and it does not necessarily mean the original order It can be any order including the amended or rectified order.
One of the prevalent instructions relating to application for investment in securities is to quote the PAN or GIR number in respect of applications for value of Rs20,000 or more.
Notification No.S.O.50(E) – Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the VIIth Series Issues 7-years 16.5% (Taxable) Secured Redeemable Non-cumulative Bonds bearing distinctive numbers from G-14671801 to G-14971800 of Rs. 1,000 each aggregating for an amount of Rs. 30 crores
Notification No.S.O.49(E) – Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10.5% per annum, tax-free Secured Redeemable Non-cumulative Bonds (VIIth Series Issue) bearing distinctive numbers G-3800001 to G-4800000 aggregating to an amount of Rupees 100 crores (Rupees one
Circular No. 93/4/95-CX Attention is invited to Board”s Circular No. 11/91-CX. 6 dt. 3.7.91 relating to levy of additional excise duty under Finance Act, 1985 on TV sets. It was clarified in this Circular that Rule 13 does not permit export of goods without payment of duty leviable under the Finance Act, 1985 and in the absence of a specific Notification exemption payment of AED on goods under export
