Attention is invited to Ministry’s Circular No. 131/-95-Customs dated 20th December, 1995, 24/96-Cus. Dated 19th April, 1996 and 40/96-Customs dated 19th July, 1996 specifying the procedure for monitoring of export obligation under Duty Exemption Scheme and E.P.C.G. Scheme.
Circular No. 286/2/97-CX On gate passes issued by 100% EOU for the period 1.4.94 to 10.8.94 and on invoices issued by such units for the period 11.8.94 to 12.2.96 on the ground that these documents were not prescribed as a document for the purpose of Modvat.
Circular No. 750-Income Tax Circular No. 748, dated 19th December, 1996 (Clarification 1) laid down guidelines in respect of approved investments for purposes of section 54EA and section 54EB of the Income-tax Act. Subsequent to the issue of those guidelines, the Income-tax (Second Amendment) Ordinance, 1996 has been promulgated on 31-12-1996. By virtue of section 2 of the Ordinance, shares
