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The description of export product at S.No. 59 of textile product as given in Annexure to Public Notice No. 6(RE-98) shall be amended to read as Cotton fabric Dyed and /or printed and/or bleached.
Notification No. S. O. 844(E)-Income Tax In exercise of the powers conferred by sub-clause (i) of clause (15) of section10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Resurgent India Bonds, being bank instruments representing foreign currency denominated deposits in the form of promissory notes, issued by the State Bank of India, a bank constituted under section 3
Certain representations have been received seeking clarification as to how to obtain Gold/Silver/Platinum from nominated agencies where Bank certificate or custom attested invoice or shipping bill has been lost. This issue has been examined and it is clarified that procedure prescribed under Paragraph 8.10 of the Handbook of Procedures(Vol.1),1997-2002 will also be applicable for taking Gold/silver/platinum from the nominated agencies.
Circular No. 422/55/98-CX I am directed to draw your attention to Notification No. 26/98-CEE (NT) dated 15th July, 1998 and Order Nos. 10/98-Central Excise 23rd July, 1998 and 11/98-Central Excise dated 10th August, 1998, both issued thereunder, relating to extention of the provisions of Chapter VII of the Central Excise Rules, 1944 to excisable goods specified in the Schedule to the Central Excise Tariff Act, 1985 for storage in a warehouse and export therefrom.
The 1998 notification revises export recognition rules, exempting growth criteria and recognizing large manufacturers as Star Trading Houses.
