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Notification No. S.O.693(E) – Income Tax Whereas the Convention between the Republic of India and the Kingdom of the Netherlands for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital came into force on January 21, 1989, after the notification by both the Contracting State to each other of the completion of
Notification No. 11050/1999 – Income Tax Whereas the Convention between Republic of India and the Kingdom of Netherlands for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital came into force on the 21st day of January, 1989, after the notification by both the Contracting States to each other of the completion of
It has come to the notice of the Board that capital goods imported & cleared under EPCG Scheme at concessional / zero rate of duty were later on permitted re-export by Customs without recovery of duty on merits. Such re-export was inter-alia allowed on the ground that the imported machinery wa defective/damaged & needed replacement