I am directed to enclose 1 herewith a copy of letter of the Ministry of Non – Conventional Energy Sources regarding import of second hand obsolete Wind Generation Equipment being imported into India. There is a strong possibility of these Wind Turbines being heavily under – valued. You are, therefore, requested to advise all the field formation to make a careful assessment of the valuation of
Circular No. 173/7/96-CX Notification No. 22/94-CE dated 1.3.94 as amended by Notification No. 101/94-CE date 4.5.94 and Notification No. 18/95-CE dated 16.3.95 prescribed exemption from payment of duty on cartons, or converted types of paper and paper board. It apperars that view has been taken held in the field that the aforesaid exemption is not applicable in respect of printed cartons etc. of corrugated paper of paper board.
Circular No. 172/6/96-CX I am directed to say that certain doubts have been raised regarding the scope of notification no. 1/93-CE dated 1.3.93 as amended relating to the option given to a manufacturer to pay excise duty at the normal rate as per para 4 of the said notification. The point raised is whether a manufacturer who is having two factories
Notification No. S.O.96(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 cent. tax-free Konkan Railway Bonds bearing distinctive numbers
Notification No. S.O.97(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 cent. tax-free Konkan Railway Bonds of the fourth series bearing distinctive numbers
Circular No. 171/5/96-CX In this regard, I am directed to invite your attention to Circular No. 42/88-CX.6 dated 24th May, 1988 (copy enclosed) wherein the procedure for handling of seized documents and records has been prescribed. It is reiterated that whenever any documents/ records are seized, immediate efforts should be made to segregate the documents which are proposed to be relied upon in framing/ establishing the charges, from the remaining documents/ records.
Naval headquarters have represented that often they have to send their equipments out of India for repairs and to – import the same after the repairs and at the time of exports, the customs department insist for production of documents like bill of entry, invoice, etc. relating to their initial imports. Naval headquarters have informed that some of the equipments being over ten years old, it is difficult
Notification No. S.O.394-Income Tax In exercise of the powers conferred by sub-clause (iii) of clause (10) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the maximum amount of any gratuity payable to its employees, hereby specifies two lakhs and fifty thousand rupees as the limit for all the three purposes mentioned in that sub-clause in relation to the employees
I am directed to refer to notification No. 8/96- Customs and 3/ 96 – Central Excise both dated 17th January, 1996. Notification No. 8/96- Customs amends notification Nos. 13/95- Cus. and 16/95- Cus. both dated the 16th March, 1995. The effect of the amending notification is to remove the spelling error in the description of a drug ‘Mesna’ under notification No. 13/95- Cus. and to correct the
I am directed to refer to notification No. 13/ 96- Customs dated 29th January, 1996 which amend notification Nos. 13/95- Cus. dated the 16th March, 1995. The effect of the amending notification is to correct the spelling mistake in the description of ‘s- Fluorouracil
