Circular No. 774-Income Tax Section 197(1) of the Act envisages that, where tax is deductible at source in terms of sections 192, 193, 194, 194A, 194D, 194-I, 194K and 195 of the Income-tax Act, and the recipient justifies the deduction of tax at any lower rate or no deduction of tax to the satisfaction of the Assessing Officer, the Assessing Officer shall issue an appropriate certificate. It has come to the notice of the Board
Circular No. 446/12/99-CX A dispute has been raised regarding classification of “Phenyl” manufactured by M/s. Bengal Chemicals & Pharmaceuticals Ltd., whether under sub-heading 3808.90 – as others or 3808.10 – as pesticide.
Circular No. 445/11/99-CX Your attention is drawn to the Para 7 of the Circular which specifies the procedure for examination of goods at the port/place of export in cases goods are cleared under the aforesaid special facility. Subsequently, the Customs Wing of the Board has issued a comprehensive Circular (no. 90/98 – Cus. IV dated 08.12.98) on the manner of examination at the port/place of export,
Therefore, in exercise of the powers conferred by sub-section (1) of section 9A of the said Customs Tariff Act, read with rule 18 and rule 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, after considering the aforesaid findings of the Designated Authority, hereby imposes on Fused Magnesia falling under Chapter 25 of the First Schedule to the said Customs Tariff Act.
