Circular No. 375/8/98-CX Requests have been received from the Ministry of Commerce as well as from the Trade that Notification No. 2/95-CE dated 4.1.95 should be amended, doing away with the requirement of a certificate to be issued by the Development Commissioner in terms of the 4th proviso of the notification. This certificate is regarding fulfilment of conditions specified in the 3rd proviso of the notification with respect to goods cleared from EOU/ Unit in FTZ into the DTA.
Circular No.763 – Income Tax In respect of incomes of all categories of taxpayers (corporate as well as non-corporate) liable to tax for the assessment year 1997-98, the rates of income-tax (including surcharge thereon in the case of domestic companies) have been specified in Part I of the First Schedule to the Act. These rates are the same as laid down in Part III of the First Schedule to the Finance (No. 2) Act, 1996, for
Circular No.762 – Income Tax In respect of incomes of all categories of taxpayers (corporate as well as non-corporate) liable to tax for the assessment year 1996-97, the rates of income-tax (including surcharge thereon in the case of domestic companies) have been specified in Part I of the First Schedule to the Act. These rates are the same as those laid down in Part III of the First Schedule to the Finance Act, 1995