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Archive: 23 July 1998

Posts in 23 July 1998

Clarification on the erstwhile Pass Book Scheme issued under Exim Policy, 1992-97

July 23, 1998 247 Views 0 comment Print

All the Designated Authorities of Pass Book Scheme and Commissioners of Customs are, therefore, advised that they must finalise the claims and grant credits, wherever admissible, positively latest by 30. 9.1998.

Notification No. S. O. 621(E)-Income Tax Dated 23/7/1998

July 23, 1998 378 Views 0 comment Print

Notification No. S. O. 621(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 seven years 9.5 per cent. NHB—Golden Jubilee Rural Housing Finance tax Free Priority Sector bonds (1997-98) of Rs. 100,000 each for an amount of Rs. 200 crores

DEPB – Brand Rate Fixation – No time limit for fixation

July 23, 1998 571 Views 0 comment Print

Kindly refer to Ministry’s Circular No. 69 /97- Customs dated 2nd December, 1997 – allowing payment of Drawback by way of fixation of Brand Rates on exports made under DEPB Scheme of those products which cannot avail MODVAT credit of the additional duty of customs (CVD) paid in cash on imported inputs, or excise duty paid on indigenous inputs, utilised in the production of export

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