"24 April 1998" Archive

Bonded warehouses for diamonds import and re-export

Circular No. 28/98-Customs Duty 24/04/1998

I am directed to refer to the Notification No. 39/1997-2002 dt. 26th February, 19981 issued by the DGFT (copy enclosed for ready reference). The scheme under pare 8.13 of the EXIM Policy provides for setting up Private/ Public Bonded warehouses in EPZ/ DTA for import and re-expot of cut & polished diamonds, cut & polished coloured gemston...

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Export of Sugar from the free sale quota of the year 1997-98 and 1998-99

Policy Circular No. 2 (RE-98)/98-99 24/04/1998

The Indian Sugar & General Industry Export Import Corporation (ISGIEIC) Ltd. shall be the sole agency authorised to export raw/white sugar to the EEC and USA against the preferential ceiling as indicated above. The export of above quantity of raw/white sugar to the EEC and the USA under the preferential arrangement as indicated above shal...

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Notification No. 48/98-Service Tax, Dated: 24.04.1998

Notification No. 48/98-Service Tax 24/04/1998

In exercise of the powers conferred by section 93 of the Finance Act, 1994 (32 of 1994) and in supersession of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/97-Service Tax, dated the 14th February, 1997....

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Circular No. 766-Income Tax Dated 24-4-1998

Circular No. 766-Income Tax 24/04/1998

Circular No. 766-Income Tax Attention is invited to Board’s Circular No. 726 dated 18-10-95 (F. No. 133/80/95-TPL) wherein, inter alia, it was stated that the foreign companies and the foreign law and accountancy firms that have no presence in India should send a quarterly statement to the Deputy Secretary, Foreign Tax Division, CBDT re...

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One-time extension in Export Obligation for bonafide default in respect of old Advance Licences

Public Notice No. 7 (RE-98)/1997-2002 24/04/1998

As this is only a one time relaxation which is being allowed, all documentary and other formalities shall be completed by the concerned Regional Licensing Authorities of the DGFT as also by the Customs Authorities on top priority basis so that the cases covered by this Public Notice can be closed within the time prescribed and there is n...

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