"May, 2000" Archive

SEBI : National Stock Exchange of India Ltd.,The Stock Exchange

IES/DC/8726/00 (31/05/2000)

within a period of two months from the date of final approval for trading and settlement granted by SEBI in the manner specified in the enclosed Guideline....

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SEBI : Reference of cases for relaxation of Rule 19(2)(b) of Securities Contract (Regulation) Act, 1957

PMIMD/8755/2000 (31/05/2000)

You are advised that listing of shares of companies which do not comply with the provisions of Rule 19(2)(b) of the SCRA (including cases of amalgamation, arrangement, demerger, hive-off etc) should not be directly done by the stock....

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Notification No. 40/2000-Customs (N.T.) Dated: 30th May, 2000

Notification No. 40/2000-Customs (N.T.) (30/05/2000)

In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Government hereby appoints the Commissioner of Customs (ICD),Tughlakabad, New Delhi to be the Commissioner of Customs ...

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Notification No. 39/2000-Customs (N.T.) Dated:30th May, 2000

Notification No.39/2000-Customs (N.T.) (30/05/2000)

In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962) and in supersession of notification No. 37/99-CUSTOMS (N.T.) dated the 8th June, 1999 published in the Gazette of India, Extraordinary ...

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Circular No. 534/30/2000-Central Excise, Dated: 30.05.2000

Circular No. 534/30/2000-Central Excise (30/05/2000)

Circular No. 534/30/2000-CX "Provided further that where the amount of duty which has not been levied or paid or has been short levied or short paid or erroneously refunded is one crore of rupees or less a notice under this sub-section shall be served by the Commissioner of Central Excise or with his approval by any officer subordinate t...

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This notification imposes Anti-Dumping duty on Pure Terephthalic Acid (PTA) originating in, or exported from Spain

Notification No. 82/2000-Customs (30/05/2000)

Therefore, in exercise of the powers conferred by sub-section (1) and subsection (5) of section 9A of the said Customs Tariff Act, read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995....

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SEBI : Trading and settlement of trades in dematerialised securities

SMDRP/Policy/CIR-23/2000 (29/05/2000)

Scrips listed on the exchange consequent to the de-merger or spin off of any of the companies, which are included in the compulsory list for dematerialized trading for all investors, continue to be traded compulsorily in dematerialized form....

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Notification No. 81/2000-Customs, Dated: 29.05.2000

Notification No. 81/2000-Customs (29/05/2000)

The Principal notification No. 36/98-Customs dated the 26th June, 1998 was -published in the Gazette of India extraordinary, Part-II, Section 3, Sub-section (i) vide G.S.R.359(E) dated the 26th June, 1998 and was last amended vide notification No.2/2000 - Customs dated the 10th January, 2000....

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Notification No. 80/2000-Customs, Dated: 29.05.2000

Notification No. 80/2000-Customs (29/05/2000)

Notification No. 18/2000-Customs, dated the 1st March, 2000 was published in the Gazette of India Extraordinary vide GSR 170 (E) dated the 1st March, 2000 and was last amended by notification No.45/2000-customs dated the 17th April, 2000....

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Special Economic Zone – procedure governing operation of units

Circular No. 51/2000-Custom Duty (26/05/2000)

It is directed to enclose a copy each of notification NO. 79/2000-Cus. And No. 41/2000/CE,both dated 26.5.2000 issued by the Government to implement a new Export Promotion Scheme entitled"Special Economic Zone:. The scheme envisages a simple and transparent policy and procedure for the promotion of exports with minimum paper work. The sch...

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To consider ICD, Jalandhar as a notified port under paragraph 7.56 of Handbook (Vol.1) (RE-00)

Policy Circular No. 9 (RE-00)/2000-2001 (26/05/2000)

Attention is invited to paragraph 7.56 of Handbook (Vol.1) (RE-00) which provides that the export shipments under DFRC can be effected from any port mentioned in paragraph 7.19. Since under Customs notification no.48/2000 dated.25.4.2000, ICD Jalandhar is a notified port for exports shipments under DFRC, the shipment made from ICD, Jaland...

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This notification fixes the rate of Exchange for export goods for the month of June, 2000

Notification No. 38/2000-Customs (N.T.) (26/05/2000)

In exercise of the powers conferred by sub-clause (a) of subsection (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No....

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This notification fixes the rate of exchange for imported goods for the month of June, 2000

Notification No. 37/2000-Customs (N.T.) (26/05/2000)

In exercise of the powers conferred by sub-section (2) of section 20 of the Indian Stamp Act 1899 (2 of 1899) and sub-clause (i) of clause (a) of subsection (3) of Section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the Notification of ...

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Exemption to goods brought by a unit in a SEZ superseded by Notification No. 52/2000-CE., dated 19-10-2000

Notification No. 41/2000-Central Excise (26/05/2000)

The depreciation shall be allowed for the period from the date commencement of commercial production of the said unit or where such goods have been received after such commencement from the date such goods have come into use for commercial production to the date of payment of duty....

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Notification No. 17(RE-2000) 1997-2002, Dated: 26.05.2000

Notification No. 17 (RE-2000) 1997-2002 (26/05/2000)

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act,1992 (No.22 of 1992) read with paragraph 1.3 of the Export and Import Policy,1997-2002, ( incorporating amendments made upto 31.3.2000) ,the Central Government hereby makes the following amendments in the Export and Import Policy, 1997-2...

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This Notification exempts specified goods imported into Special Economic Zone

Notification No .79/2000-Customs [G.S.R. 499(E)] (26/05/2000)

The depreciation shall be allowed for the period from the date of commencement of commercial production of the unit or where such goods have been imported after such commencement, from the date such goods have come into use for commercial production to the date of payment of duty....

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Notification No. 78/2000-Customs, Dated: 26.05.2000

Notification No. 78/2000-Customs (26/05/2000)

WHEREAS in the matter of import of Citric acid falling under Chapter 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from the People"s Republic of China, the designated authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section I, dated, the ...

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This Notification imposes Anti-Dumping duty on Calcium Carbide originating in, or exported from China and Romania

Notification No. 77/2000-Customs (26/05/2000)

For the purposes of this notification, the anti-dumping duty shall be paid in Indian currency. The "rate of exchange" applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the-Government of India in the Ministry of Finance (Department of Revenue), issued from time ...

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Policy Circular No. 8 (RE-2000)/1997-2002, Dated: 25.05.2000

Policy Circular No. 8 (RE-2000)/1997-2002 (25/05/2000)

epresentations have been received seeking clarifications, whether these imports are permitted through specified ports, whether the grade of Silk is to be verified before clearance by nominated agencies and whether Silk other than Mulberry Silk is also allowed to be imported against surrender of SIL....

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EOUs/EPZ/EHTP/STP Units—B17 bonds – debit of only 25% of duty foregone

Circular No. 50/2000-Custom Duty (24/05/2000)

It is directed to invite your attention to Board's Circular No. 76/99-Customs, dated 17.11.99, on the above subject and to say that a doubt has beenraised with regard to debiting of bond in case of fresh import or local procurement of raw materials/capital goods. The doubt is in the context of sub-clause (v) of paragraph 6 of the above sa...

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Circular No. 533/29/2000-Central Excise, Dated: 24.05.2000

Circular No. 533/29/2000-Central Excise (24/05/2000)

Circular No. 533/29/2000-CX Kindly find enclosed a copy of CEGAT final order No. 1222/99A dated 24.8.99 in case of M/s Escorts (JCB) Ltd. which has given a new dimension to the term "place of removal" used in Sec. 4 of Central Excise Act and point of time when the goods can be said to have been sold, which is in favour of revenue. ...

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Circular No. 532/28/2000-Central Excise, Dated: 24.05.2000

Circular No. 532/28/2000-Central Excise (24/05/2000)

Circular No. 532/28/2000-CX Instances have come to the notice of the Board where it has been noticed that cases are not being investigated carefully and all relevant facts relating to the case are not being incorporated in SCNs and the adjudication orders. As a result when the issue is agitated before the CEGAT either by the party or the...

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Circular No. 531/27/2000-Central Excise, Dated: 24.05.2000

Circular No. 531/27/2000-Central Excise (24/05/2000)

Circular No. 531/27/2000-CX It is directed to refer to the Board's Circular No. 459/25/99-CX dated 8.6.99 whereby the "Proforma of Declaration" under rule 173C relating to commodities notified under section 4A has been specified. Your attention is drawn to Note (2) in the Said Proforma (which was based on erstwhile Explanation 2 to secti...

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Drawback – payment on fabricated export documents modus operandi – circular

Circular No. 7/2000-Custom Duty (24/05/2000)

It has been observed in Chennai Customs House that certain parties had faraudulently obtained payment of drawback by fabrication of export documents, wherein in the exporters were effected by certain exporters and the documents were fabricated in the name of a third party, who ultimately obtained payment of drawback. Some of the relevant ...

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This Notification imposes Anti-Dumping duty on Sodium Nitrite originating in, or exported from China PR

Notification No. 76/2000-Customs (23/05/2000)

WHEREAS in the matter of import of Sodium Nitrite falling under sub-heading No. 2834.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, People"s Republic of China, the Designated Authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section ...

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This Notification imposes Anti-Dumping duty on Phthaiic Anhydride originating in, or exported from Indonesia

Notification N0. 75/2000-Customs (23/05/2000)

WHEREAS in the matter of import of Phthaiic Anhydride, falling under sub-heading No. 2917.35 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Indonesia, the Designated Authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the...

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Circular No. 48/2000-Custom Duty Dated 22.05.2000

Circular No. 48/2000-Custom Duty (22/05/2000)

In the recent past, Board has received a number of references from the field formations seeking clarification on applicability of graduation condition for Regulation 9(1) examination prescribed in CHALR'84....

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Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) – amends certain notifications

Notification No .40/2000-Central Excise (22/05/2000)

The principal notification 10/95-Centrat Excise, dated the 23rd February, 1995 was issued on 23"1 February 1995, vide G.S.R. 87(E), dated 23-2-95, and was last amended by notification number 2/2000-Central Excise, dated the 28th January, 2000, issued vide G S.R.73(E), dated 28th January, 2000....

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Circular No. 530/26/2000-Central Excise, Dated: 22.05.2000

Circular No. 530/26/2000-Central Excise (22/05/2000)

Circular No. 530/26/2000-CX It is directed to say that the Director General of Inspection (Customs and Excise) and the Commissionerates have brought to the notice of the Board that difficulties are being faced in the allotment of New ECC Number because some of the Central Excise assessees and the registered dealers still do not have 10-c...

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Public Notice No. 10 (RE-00)/1997-2002, Dated: 22.05.2000

Public Notice No. 10 (RE-00)/1997-2002 (22/05/2000)

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 Handbook (Vol.1). (RE-00), 1997-2002....

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Notification No. 74/2000-Customs, Dated: 22.05.2000

Notification No. 74/2000-Customs (22/05/2000)

For the purposes of this notification, the anti-dumping duty shall be paid in Indian currency. The "rate of exchange" applicable for the purposes of calculation of such anti-dumping duty shall be the rate, which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued^ from tim...

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Notification No. 73/2000-Customs, dated: 22.05.2000

Notification No. 73/2000-Customs (22/05/2000)

For the purposes of this notification, the anti-dumping duty shall be paid in Indian currency. The "rate of exchange" applicable for the purposes of calculation of such anti-dumping duty shall be the rate, which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time...

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This Notification imposes Anti-Dumping duty on Ethylene Propylene Diene Rubber (EPDM) originating in, or exported from Japan

Notification No. 72/2000-Customs (22/05/2000)

For the purposes of this notification, the anti-dumping duty shall be paid in Indian currency. The "rate of exchange" applicable for the purposes of calculation of such anti-dumping duty shall be the rate, which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time...

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Notification No. 71/2000-Customs, dated: 22.05.2000

Notification No. 71/2000-Customs (22/05/2000)

The principal notification No.53/97-97-Customs, dated the 3rd June, 1997, was issued vide G.S.R. 302(E), dated the 3rd June 1997, and was last amended by notification number 9/2000-Customs, dated the 28th January, 2000, issued vide G.S.R.74(E), dated 28th January,"2000....

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Transshipment of cargo — 25% security to be taken

Circular No. 47/2000-Custom Duty (19/05/2000)

It is directed to refer to the Board's Ciurcular No. 34/2000-Cus. Dated 3rd May, 2000 on above mentioned subject. Paragraph 2(ii) of the said Circular provides the manner in which the value of the Mother Bond is to be calculated. It has been provided in Paragraph 2(iii) that the Mother Bond would be like a running bond, whereas carriers w...

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Circular No. 529/25/2000-Central Excise, Dated: 19.05.2000

Circular No. 529/25/2000-Central Excise (19/05/2000)

Circular No. 529/25/2000-CX Your attention is invited to the provisions contained in Sections 35G and 35L(b) of the Central Excise Act, which Sections clearly stipulate the types of cases where statutory appeal against the Tribunal's order lies before the Supreme Court. A question of law could be referred to the High Court in respect of ...

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This Notification imposes Anti-Dumping duty on Ethylene Propylene Diene Rubber (EPDM) originating in, or exported from Korea Rp

Notification No. 70/2000-Customs (19/05/2000)

WHEREAS in the matter of import of Ethylene Propylene Diene Rubber (EPDM), falling under Chapters 39 or 40 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from Korea RP, the Designated Authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section ...

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Notification No. 69/2000-Customs, Dated: 19.05.2000

Notification No. 69/2000-Customs (19/05/2000)

WHEREAS in the matter of import of Metallurgical coke (hereinafter referred to as "Metcoke") falling under Chapter 27 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, China PR, the Designated Authority vide its preliminary findings, published in Part I, Section 1 of the Gazette of India...

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Notification No. 68/2000-Customs, Dated: 19.05.2000

Notification No. 68/2000-Customs (19/05/2000)

In exercise of the powers conferred by sub-section (1) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rules"18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, and to give effect to the Order passed by the Cus...

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Liquid cargo — finalisation of provisional assessment

Circular No. 46/2000-Custom Duty (18/05/2000)

The Kendla Customs House has informed the Board that the provisional assessments of M/s Indian Oil Corporation Ltd. pending since 1994 for final quantification of the amount liquid bulk cargo have been finalised, on the basis of the Bombay High Court's Judgement dated 17.7.1986 in W.P. No. 1236/81 and 1354/84 reported in 1986 (25) ELT 948...

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Notification No. 11369/2000-Income Tax Dated 17/5/2000

Notification No. 11369/2000-Income Tax (17/05/2000)

Notification No. 11369-Income Tax In the notification of the Government of India, Ministry of Finance (Department of Revenue) number S.O. 306(E) dated the 29th March, 2000, published in the Gazette of India Extraordinary, Part-II, section 3, sub-section (ii), dated the 29th March, 2000 [published at (2000) 160 CTR (st) 1] at pages 25 and ...

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Notification No. 16(RE-2000) 1997-2002, Dated: 17.05.2000

Notification No. 16 (RE-2000) 1997-2002 (17/05/2000)

Karnataka State Agriculture Produce Processing and Export Corporation Ltd, (KAPPEC) Bangalore and Karnataka State Cooperative Marketing Federation Ltd, (KSCMF), Bangalore are allowed to export 1250 MTs each of all varieties of onions either directly or through registered exporters ensuring that all applicants are receiving a fair and equa...

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Life saving drugs — intravenous amino acids containing carbo-hydrates/electrolytes – not eligible for duty exemption

Circular No. 45/2000-Custom Duty (16/05/2000)

It is directed to refer to the subject mentioned above and to say that a doubt has been raised as to whether the benefit of above exemption could be allowed to intravenous amino acids containing carbohydrates/electrolyhtes....

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Notification No. 67/2000-Customs, Dated: 15.05.2000

Notification No. 67/2000-Customs (15/04/2000)

In exercise of the powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rule 13 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 hereby rescinds the notification o...

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This Notification imposes Anti-Dumping duty on Barium Carbonate originating in, on exported from, China PR

Notification No. 66/2000-Customs (15/05/2000)

For the purposes of conversion of the amount specified in column (3) of the Table above into India currency, the "rate of exchange" applicable shall be the rate profited by the central Government under sub-clause (I) of clause (a) of sub-section (3) of section 14 of the said Customs Act, and in force on the date on whish the bill or entry...

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Notification No. 65/2000 Customs, Dated: 15.05.2000

Notification No. 65/2000 Customs (15/05/2000)

In exercise of the powers conferred by sub-section (2) of section 9A of or Customs Tariff Act. 1975 (51 of 1975) rend with rule 13 of the Customs Tariff (Identification, Assessment and collection of Anti-dumping duty on Dumping Articles and for Determination of Injury) Rules. 1995. The Central Government rescinds the notification of the G...

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This Notification imposes Anti-Dumping duty on Acrylic Fibre originating in, or exported from Turkey

Notification No. 64/2000-Customs (15/05/2000)

WHEREAS in the matter of import of Acrylic Fibre falling under Including Nos. 5501 and 5503 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating In or exported from Turkey, the designated authority, vide its preliminary findings, published in the Gazette of India Extraordinary, Part I, Section I, dated the 15th ...

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Notification No. 1093/2000-Income Tax Dated 15/5/2000

Notification No. 1093/2000-Income Tax (15/05/2000)

Notification No. 1093-Income Tax It is notified for general information that enterprise/industrial undertaking, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 ...

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Notification No. 11368/2000-Income Tax Dated 15/5/2000

Notification No. 11368/2000-Income Tax (15/05/2000)

Notification No. 11368-Income Tax It is notified for general information that the enterprise/industrial undertaking, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the asst. yrs. 1999-2000, 2000-2001 a...

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Drawback — payment under EDI system – CIF/C&F price

Circular No. 44/2000-Custom Duty (15/05/2000)

The question of processing of drawback claims under the EDI system at the sea ports when the price is declared on CIF/C&F basis has been under examination of the Board following references received in this behalf from some of the Commissioner of Customs...

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Warehoused goods — rate on slab basis for different periods

Circular No. 43/2000-Custom Duty (15/05/2000)

It is directed to invite your attention to the Notification No. 30/99-Customs(NT), dated 12.05.1999 providing for a graded scale of interest in case the goods warehoused under Section 61(1)(b) of the Customs Act, 1962, are not removed after the expiry of six months from the date of warehousing....

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The Finance Act 2000, (No. 10 of 2000), Dated- [12th May, 2000]

No. 10 of 2000 (12/05/2000)

Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 2000, income-tax shall be charged at the rates specified in Part I of the First Schedule and such tax as reduced by the rebate of income-tax calculated under Chapter VIII-A of the Income-tax Act, 1961 (43 of 1961) (hereinafte...

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Rescinds Notification No. 17/2000-Customs, dated: 01.03.2000

Notification No. 63/2000-Customs (12/05/2000)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 3A of the Customs Tariff Act, 1975 (51 of 1975), the Central Government being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Minist...

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Rescinds Notification No. 19/2000-Customs, dated: 01.03.2000

Notification No. 62/2000-Customs (12/05/2000)

In exercise of powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (51 of 1962), read with sub-section (4) of section 90 of the Finance Act, 2000 (10 of 2000), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in ...

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This notification exempts various items from Surcharge of Customs duty

Notification No. 61/2000-Customs (12/05/2000)

Provided further that the exemption under this notification shall not be applicable in respect of goods mentioned against serial No.3, where me mode of levy of duty of customs under me said First Schedule is ad valorem or specific, whichever is higher, if the sum of duly calculated at such ad valorem rate and the surcharge calculated on t...

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This Notification provides partial exemption to goods falling under sub-heading Nos. 0902.10, 0902.20, 0902.30, 0902.40 and 21.01.20

Notification No. 60/2000-Customs (12/05/2000)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods falling under sub-heading Nos. 0902.10, 0902.20, 0902.30, 0902.40 and 2101.20 of the First Schedule to the Customs T...

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Notification No. 59/2000-Customs, Dated: 12.05.2000

Notification No. 59/2000-Customs (12/03/2000)

(i) condition (3) shall be omitted;(ii) in the Table,- (a) LIST-4 shall be omitted, (b) in LIST-5, in column 2, in item 1, for sub-item (a), the following shall be substituted, namely:- (a) goods mentioned in lists 1,2 and 3 and Notification No. 60/2000-Cus., dated 12-5-2000....

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EOUs/EPZ/EHTP/STP Units — clarifications on provisions of EXIM Policy vis–vis Excise & Customs Notifications

Circular No. 49/2000-Custom Duty (12/05/2000)

It is directed to refer to Chapter 9 of the revised Exim Policy 1997-2002 and Handbook of Procedures, Vol.1. The changes made therein have necessitated amendments in notifications governing duty free import/procurement of goods by EOU/EPZ/STP/EHTP units. These amendments have been made vide notifcation Nos. 71/2000-Cus, and 40/2000-CE, bo...

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EPCG/Duty exemption schemes—clarifications; DFRC Scheme – DFRC-cum-DBK SB to be filed

Circular No. 42/2000-Custom Duty (12/05/2000)

Para 2(vi): It is clarified that drawback could be availed at All Industry Rate equivalent to the central excise duty portion in respect of inputs imported & cleared on payment of CVD under DFRC Scheme, provided no cenvat has been availed; alternately, the exporter could avail Brand rate of Drawback....

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Circular No. 41/2000-Customs, Dated 12.05.2000

Circular No. 41/2000-Custom Duty (12/05/2000)

While examining a VIP reference it has come to the notice of the Ministry that at Mumbai Airport 15-20% passengers, arriving from sensitive airports and walking past the Green Channel were made to undertake baggage screening. This is reported to be causing a lot of inconvenience to the passengers. Besides, this defeats the very purpose fo...

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Rate of interest on delayed refund – Section 11BB

Notification No. 41/2000-Central Excise (N.T.) (12/05/2000)

In exercise of the powers conferred by section 11BB of the Central Excises Act, 1944 ( 1 of 1944) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 22/95-Central Excise (N.T.), dated the 29th May, 1995...

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Notification No. 36/2000-Customs (N.T.) Dated: 12.05.2000

Notification No. 36/2000-Customs (N.T.) (12/05/2000)

In exercise of the powers conferred by section 27A of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 32/95-Customs (N.T.), dated the ...

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G&J EP Schemes — clarifications

Circular No. 40/2000-Custom Duty (12/05/2000)

It is directed to refer to Chapter 8 of the revised Exim Policy, 1997-2002 and Handbook of Procedures, Vol.I. The changes made in Chapter 8 of Exim Policy and HOP have necessitated amendments in notifications No. 3/88-Cus, dt. 14.1.88, 277/90-Cus, dated 12.12.90 and 177/94-Cus, dated 21.10.94, governing duty free import of Gem and Jewelle...

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Notification No. 40/2000-Central Excise (N.T.) Dated 12-5-2000

Notification No. 40/2000-Central Excise (N.T.) (12/05/2000)

G.S.R. (E).- In exercise of the powers conferred by section 11AB of the Central Excises Act, 1944 (1 of 1944) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 8/2000-Central Excise (N.T.)...

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Rate of interest on delayed payment – Section 11AA

Notification No. 39/2000-Central Excise (N.T.) (12/05/2000)

In exercise of the powers conferred by section 11AA of the ( of 1944) and in supersession of the notification of the Government of India in the Min of Revenue), No. 7/2000-Central Excise (N.T.), dated the 1st March, 2000 [G.S.R. 199 (E)...

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Central Excise (Eighth Amendment) Rules, 2000

Notification No. 38/2000-Central Excise (N.T.) (12/05/2000)

In exercise of the powers conferred by Section 37 read with sub-section (3) of the Section 3A of the Central Excise Act, 1944 (1 of 1944), the Central Government, hereby makes the following rules further to amend the Central Excise Rules, 1944, except as respects things done or omitted to be done before such amendment...

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Notification No. 35/2000-Customs (N.T.) Dated: 12.05.2000

Notification No. 35/2000-Customs (N.T.) (12/05/2000)

In exercise of the powers conferred by sub-clause (ii) of clause (b) of sub-section (1) or section 59 of the Customs Act, 1962 ( 52 of 1962), and in supersession of the notification of the Government lndia, in the Ministry of Finance (Department of Revenue), No. ...

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Notification No. 34/2000-Customs (N.T.) Dated:12.05.2000

Notification No. 34/2000-Customs (N.T.) (12/05/2000)

In exercise of the powers conferred by sub-section (2) of section 47 of the Customs Act, 1962 ( 52 of 1962), and in supersession of the notification of the Government of India in me Ministry of Finance (Department of Revenue), No. 17/2000 ...

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Notification No. 33/2000-Customs (N.T.) Dated: 12.05.2000

Notification No. 33/2000-Customs (N.T.) (12/05/2000)

except as respects things done or omitted to be done before such supersession, the Central Government hereby fixes the rate of interest at twenty - four per cent. per annum for the purposes of the said section....

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Notification No. 39/2000-Central Excise; dated: 12.05.2000

Notification No. 39/2000-Central Excise (12/05/2000)

G.S.R. (E). In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby rescinds the following notifications of the Government of India in the Ministry of Finance (Department of Revenue...

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Notification No. 32/2000-Customs (N.T.) Dated:12.05.2000

Notification No. 32/2000-Customs (N.T.) (12/05/2000)

in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 15/2000-Customs (N.T.), dated the 1st March, 2000 [G.S.R. 179 (E), dated the 1st March, 2000], except as respects things done or omitted to be done before such supersession, the Central Government hereby fixes the rate of...

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Notification No. 38/2000-Central Excise; dated: 12.05.2000

Notification No. 38/2000-Central Excise (12/05/2000)

The principal notification was published in the Gazette of India Extraordinary, vide notification No. 6/2000-Central Excise, dated the 1st March, 2000 [G.S.R.184 (E), dated the 1st March, 2000] and was last amended by notification No. 36/2000-Central Excise, dated the 4th May, 2000 [G.S.R. 375(E), dated the 4th....

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F.No. B-10/01/2000-TRU Dated 12/5/2000

F.No. B-10/01/2000-TRU (12/05/2000)

F.No. B-10/01/2000-TRU I am directed to say that the Finance Bill, 2000, as passed by the Parliament, has been enacted as Finance Act, 2000 on 12th May, 2000(Act No. 10 of 2000). In this context it may be mentioned that certain clauses of the Finance Bill 2000, have been amended and the amended clauses appear as relevant sections in the ...

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Notification No. S.O. 456(E)-Income Tax Dated 11/5/2000

Notification No. S.O. 456(E)-Income Tax (11/05/2000)

Notification No. S.O. 456(E)-Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-- This notification contains (Sixth Amendment) to Income-Tax Rules, 1962, carried out o...

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Notification No. 11361/2000-Income Tax Dated 11/5/2000

Notification No. 11361/2000-Income Tax (11/05/2000)

Notification No. 11361-Income Tax In exercise of the powers conferred by section 31 of the Expenditure-tax Act, 1987 (35 of 1987), the Central Board of Direct Taxes hereby makes the following rules further, to amend the Expenditure-tax Act, 1987, namely : This notification contains amendment to Income-tax Act, 1961, carried out on 11th Ma...

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Notification No. S.O.453(E)-Income Tax Dated 11/5/2000

Notification No. S.O.453(E)-Income Tax (11/05/2000)

Notification No S.O. 453(E)-Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-- This notification contains (Tenth Amendment) to Income-Tax Rules, 1962, carried out on...

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Notification No. S.O. 455(E)-Income Tax Dated 11/5/2000

Notification No. S.O. 455(E)-Income Tax (11/05/2000)

Notification No. S.O. 455(E)-Income Tax In exercise of the powers conferred by selection 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-- This notification contains (Ninth Amendment) to Income-Tax Rules, 1962, carried out...

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EPCG/Duty Exemption Schemes — exemption notifications explained

Circular No. 39/2000-Custom Duty (11/05/2000)

In the Exim Policy 2000-2001 announced on 31.3.2000, interalia 5% Duty EPCG Scheme and few other Duty Exemption Schemes have been introduced. In order to operationalise these export promotion schemes, the Department of Revenue have issued Customs Notification Nos. 47/2000 and 48/2000 both dated 25th April, 2000, 49/2000, 50/2000 and 51/20...

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Notification No. 11359/2000-Income Tax Dated 10/5/2000

Notification No. 11359/2000-Income Tax (10/05/2000)

Notification No 11359-Income Tax It is notified for general information that undertakings, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the asst. yrs. 2000-2001, 2001-2002 and 2002-2003. ...

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Notification No. 1006/2000-Income Tax Dated 10/5/2000

NotNotification No. 1006/2000-Income Tax (10/05/2000)

Notification No. 1006/2000-Income Tax It is notified for general information that the enterprise/industrial undertaking, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2...

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Notification No. 1007/2000-Income Tax Dated 10/5/2000

Notification No. 1007/2000-Income Tax (10/05/2000)

Notification No. 1007-Income Tax It is notified for general information that undertakings, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2000-2001, 2001-2002 and 2002-2003. ...

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Notification No. 11358/2000-Income Tax Dated 10/5/2000

Notification No. 11358/2000-Income Tax (10/05/2000)

Notification No. 11358-Income Tax It is notified for general information that the enterprise/industrial undertaking, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the asst. yrs. 1999-2000, 2000-2001 a...

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SLP – relevant section of CBEC

Circular No.35/2000-Custom Duty (10/05/2000)

It is directed to invite attention to your letter F.NO. VIII/7/SLP/SC.CUS/98, dated 29th March, 2000 ( copy enclosed ), regarding filing os SLP in Surpreme Court in a criminal matter. This case does not relate to either Director ( Legal ) or to Deputy Secretary ( Customs ), but to DS ( AS ). In the process, there has been a delay in exmin...

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EOUs/EPZ Units—CVD on DTA sale of plastic granules manuf. out of plastic scrap & waste

Circular No.38/2000-Custom Duty (10/05/2000)

It is directed to invite your attention on the above subject and to state that a doubt has been raised regarding levy of additional duty of customs (CVD) on DTA sale of reprocessed plastic agglomerates/granules (reprocessed out of plastic scrap) by EOU/EPZ units. The doubt has arisen in relation to exemption for plastic materials falling ...

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Notification No. 15(RE-2000) 1997-2002, Dated: 10.05.2000

Notification No. 15 (RE-2000) 1997-2002 (10/05/2000)

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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This notification appoints the officers of the Directorate General of Anti-Evasion as officers of Customs

Notification No. 31/2000-Customs (N.T.) (09/05/2000)

In exercise of the powers conferred by sub-section (1) of the section 4 of the Customs Act, 1962 (52 of 1962), the Central Government hereby appoints the officers of the Directorate General of Anti-Evasion specified in column (2) of the Table below ...

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Drawback—arrear clearance month from 15.5.2000 to 14.6.2000

Circular No. 37/2000-Custom Duty (08/05/2000)

Drawback Arrear Clearance Month" had been observed last year at various Customs locations to clear old pending drawback claims as directed in Board's Circular Nos. 25/99-Cus., dated 21.5.99 and 43/99-Cus. Dated 9.7.99...

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RAGS—- Uniform gudeline for imprt clearance

Circular No.36/2000-Custom Duty (08/05/2000)

It is directed to invite your attention on the above mentioned subject. It has been reported that divergent pracitce are being followed by Custom Houses with respect to clearance of rags. It is seen that at some of the Custom Houses garm garments having 2-3 cuts are bing cleared as rags, whereas other Custom Houses...

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Notification No. 14(RE-2000) 1997-2002, Dated: 08.05.2000

Notification No. 14 (RE-2000)/1997-2002 (08/05/2000)

In Appendix 3 (substituted by Notification No.5 (RE-2000)/1997-2000 dated the 31st March, 2000), the figure and words 2000 (two thousand) or 2000 as appearing in item No 7C001 (i) and (ii) and in Explanatory notes (b) thereunder, shall be substituted by 6500....

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Notification No. 58/2000-Customs, dated: 08.05.2000

Notification No. 58/2000-Customs (08/05/2000)

Destruction of obsolete capital goods without payment of duty when such goods are destroyed in the presence of the Customs. (7) The said goods shall not be transferred or shifted to any other site or quarry owned of taken on lease by the unit without permission of the Assistant Commissioner of Customs or Deputy Commissioner of Customs....

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Excisable goods brought to granite quarry in 100% EOU

Notification No. 37/2000-Central Excise [G.S.R. 414 (E.)] (08/05/2000)

such clearance of goods other than capital goods, may be allowed on payment of excise duty leviable on such goods on the full value at the time of their clearance from the factory of manufacture and at the rates in force on the date of payment of such excise duty....

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Notification exempting gold, silver and platinum imported under specified schemes

Notification No. 57/2000-Customs (08/05/2000)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, (52 of 1962), and in super-session of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 144/93-Cus, dated the 28th June, 1993....

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This notification exempts gold and silver imported under specified schemes

Notification No. 56/2000-Customs (05/05/2000)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance ( Department of Revenue), No. 144/93 -Cus , dated 28th June, 1993....

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Notification No. 55/2000-Customs, dated: 05.05.2000

Notification No. 55/2000-Customs (05/05/2000)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India, in the Ministry of Finance....

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F.No. B-4/5/2000-CX Dated 5/5/2000

F.No. B-4/5/2000-CX (05/05/2000)

F.No. B-4/5/2000-CX I am directed to say that certain changes have been made in relation to the CENVAT rules. These are contained in notification 37/2000-Central Excise( N.T). dated 3rd May, 2000. Copy of the notification is being sent separately. However, this can be downloaded from the web site of the Ministry of Finance...

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Fulfilment of export obligation under EPCG through deemed exports under paragraph 6.5 (iv) of Policy

Policy Circular No. 7 (RE-00)/2000-2001 (04/05/2000)

In the above mentioned revised Exim Policy, as has been notified on 31.3.2000, paragraph 10.2(g) has been amended to exclude the supply of goods to oil and gas sector from the ambit of " deemed exports". Various representations have been received from the exporters requesting to restore the benefit of discharge of export obligation throug...

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This notification amends Notification No. 52/94-Customs(NT), dated the 21st November, 1994

Notification No. 30/2000-Customs (N.T.) (04/05/2000)

In exercise of the powers conferred by clause (a) of section 7 of the Customs Act, 1962 (52 of] 1962), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance, Department...

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Notification No. 54/2000-Customs, Dated: 04.05.2000

Notification No. 54/2000-Customs (04/05/2000)

The principal notification No. 19/2000-Customs, dated the 1st March, 2000 was published in the Gazette of Inc Extraordinary, vide G.S.R.171(E), dated me 1st March, 2000] and was last amended by notification No. 36/2000-Cnstoi dated the 5th April, 2000....

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Notification No .53/2000-Customs, Dated: 04.05.2000

Notification No. 53/2000-Customs (04/05/2000)

The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 16/2000-Customs, dated the 1st March, 2000 [G.S.R. 168(E), dated the 1st March, 2000] and was last amended vide notification No. 34/2000-Customs dated the 5th April, 2000....

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