"September, 1999" Archive - Page 3

Circular No. 779-Income Tax Dated 14-9-1999

Circular No. 779-Income Tax (14/09/1999)

Circular No. 779-Income Tax 4.2 Rates for deduction of income-tax at source during the finan­cial year 1999-2000 from income other than Salaries 4.2-1 The rates for deduction of income-tax at source during the financial year 1999-2000 from income other than Salaries, have been specified in Part II of the First Schedule to the Act. Thes...

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Notification No. 11078/1999 – Income Tax Dated 14/9/1999

Notification No. 11078/1999 - Income Tax (14/09/1999)

Notification No. 11078/1999 - Income Tax It is notified for general information that M/s Export Import Bank of India, Mumbai, has been approved by the Central Government as a Corporation engaged for providing long-term finance for industrial and infrastructure development in the country for the purpose of section 36(1)(viii) of the Incom...

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Circular No. 484/50/99-CX Dated 13/9/1999

Circular No. 484/50/99-CX (13/09/1999)

Circular No. 484/50/99-CX I am directed to draw your attention to Board"s Circular No. 284/118/96-CX dated 31.12.96 as modified by Board"s Circular No. 304/20/97-CX dated 18.3.97, whereas instructions were issued, inter-alia, that in case where bonds have to be furnished under rule 13 and 14,...

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Circular No. 60/99-Custom Duty Dated 10/9/1999

Circular No. 60/99-Custom Duty (10/09/1999)

It has been brought to the notice of the Board by the Ministry of Commerce that EOU/EPZ/EHTP/STP units are facing difficulties in sending replacement of goods exported and found defective, damaged or otherwise unfit for use and in getting replacement of goods imported & found defective / damaged or unfit for use...

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Notification No. 26 (RE-99) 1997-2002, Dated: 10.09.1999

Notification No. 26 (RE-99) 1997-2002 (10/09/1999)

In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items , 1997-2002 published on 31st March, ...

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Circular No. 483/49/99-CX Dated 9/9/1999

Circular No. 483/49/99-CX (09/09/1999)

Circular No. 483/49/99-CX I am directed to say that a doubt has arisen in respect of the formula prescribed under Notification No. 11/99-CE (N.T.) to No. 13/99-CE(N.T.) dated 16.2.99 and Notification No. 30/99-CE (N.T.) dated 11.5.99 for calculating rebate of excise duty paid on processed textile fabrics manufactured by independent proce...

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Public Notice No. 30 (RE-99)/1997-2002

Public Notice No. 30 (RE-99)/1997-2002 (06/09/1999)

The deemed export benefits for these projects would be subject to the conditions that in case OECF assistance for the 2nd/subsequent tranche does not materialize, respective project authority would fully reimburse all the deemed export benefits to the Government of India....

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Circular No. 59/99-Custom Duty Dated 6/9/1999

Circular No. 59/99-Custom Duty (06/09/1999)

After issued of the said circular, References have been received, both from trade and the Ministry of Commerce, on the issue of furnishing of Bank Guarantee / Cash Deposit. It has been stated that the requirement of cash deposit or Bank Guarantee equal to 50% of the duty liability along with the Bond as security is not conductive to expo...

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Notification No. 11056/1999 – Income Tax Dated 2/9/1999

Notification No. 11056/1999 - Income Tax (02/09/1999)

Notification No. 11056/1999 - Income Tax In exercise of the powers conferred in clause (1)(viii) of section 36 of the Income-tax Act, 1961, the Central Government hereby makes the following correction to the Notification No. 10998, dated 8th July, 1999 [published at (1999) 154 CTR (St) 83]...

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Public Notice No. 29 (RE-99)/1997-2002, Dated: 01.09.1999

Public Notice No. 29 (RE-99)/1997-2002 (01/09/1999)

In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II- Section 3 – Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures (Vol.1) (RE...

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