"May, 1997" Archive

New Duty Drawback Rates – Instructions

DBK Circular No. 13/97-Custom Duty 30/05/1997

The Ministry has announced the new All Industry Rates of Drawback effective from 1.6.1997 vide Notification No. 22/07-Cus(NT) dated 30.5.97...

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This notification exempts petroleum crude from the levy of Additional duty

Notification No. 50/1997-Customs 26/05/1997

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts petroleum crude, falling under heading No 27.09 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when im...

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Notification No. 49/1997-Customs, Dated: 23-5-1997

Notification No. 49/1997-Customs 23/05/1997

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with sub-section (4) of the section 68 of the Finance (No. 2) Act, 1996 (33 of 1996) and in supersession to the Government of India, Ministry of Finance, Department of Revenue notification No. 182/92-Cus., dated the 6th May, 19...

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Board”s Circular No. 237/71/96-CX Dated 12.8.96 classification of Ready Mix Concrete – regarding

Circular No. 315/31/97- Central Excise 23/05/1997

Circular No. 315/31/97-CX I am directed to refer to Member (CX) s D.O. letter of even number dated 22.1.1997 (Copy enclosed)1 wherein it was directed the Board"s Circular No. 237/71/96-CX dated 12.8.96 regarding classification of Ready Mix concrete be kept in abeyance. After re-examining the matter it has been decided to withdraw the afo...

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Notification No. G.S.R. 265(E), dated 15/05/1997

Notification No. G.S.R. 265(E) 15/05/1997

details of all unutilised monies out of iSSue of shares or debentures, if any, referred to in sub-item (i) shali be disclosed under an appropT.iate separate 1;ead..in the Balance Sheet of the company indicating the fori-t-.; in which such unutilised 1r/units. have been invested....

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Notification No. S.O.378(E) – Income Tax Dated 14/5/1997

Notification No.S.O.378(E) - Income Tax 14/05/1997

Notification No.S.O.378(E) - Income Tax In the notification of the Government of India, Ministry of Finance (Department of Revenue), No. S.O. 895(E), dated the 26th December, 1996, published at pages 1-2 of the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), dated 26th December, 1996, at page 2, para (c), first li...

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Circular No. 12/97-Custom Duty Dated 12/5/1997

Circular No. 12/97-Custom Duty 12/05/1997

Kind attention is invited to Ministry's letter F.No. 384/ 945/ 85-AU dated 24.7.87, copy of which is enclosed for reference, wherein the opinion of the them Attorney General, on the above mentioned subject, was circulated to All Commissioners of Customs and Central Excise, for appropriate action...

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Circular No. 11/97-Custom Duty Dated 8/5/1997

Circular No. 11/97-Custom Duty 08/05/1997

In terms of Sl. No. 1 to Notification No. 148/94-Cus. dated 13/7/97, foodstuffs, medicines, medical stores of perishable nature, clothing and blankets imported by a charitable organisation, as free gift, are exempted from payment of Customs duty subject to condition mentioned therein. Clause (v) of the said condition requires the importer...

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Notification No. 27/97-Central Excise; Dated: 07.05.1997

Notification No. 27/1997-Central Excise 07/05/1997

- For the purpose of this notification, the expression "maximum retail price" shall have the meaning as assigned to it in clause (r) of rule 2 of Standards of Weights and Measures (Packaged Commodities) Rules, 1977....

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100% EOUs – Scope of the term “manufacture” in notification No. 1/95-Central Excise – Reg

Circular No. 314/20/97- Central Excise 06/05/1997

Circular No. 314/20/97-CX I am directed to state that representations have been received from assessees, on the scope of the term manufacture used in the notification No. 1/95-CE dated 4.1.95. It has been represented that the benefit of the exemption nude notification No. 1/95- CE dated 4/1/95 is being denied to the 100% EOUs approved fo...

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