Duty paid on furnace oil, procured from domestic oil companies, would be reimbursed to EOU/EPZ/EHTP/STP units by the Development Commissioner of the concerned Zone as per the rate of Drawback notified by the Directorate General of Foreign Trade from time to time.
Circular No. 555/51/2000-CX.I In connection with the Circular No. 540/36/2000-CX dated 8.8.2000 with regard to the interpretation of amended section 11-A of Central Excise Act, 1944 w.e.f. 12.5.2000, the Supreme Court Judgment in the case of Mysore Rolling Mills Private Limited Vs. Collector of Central Excise, Belgium [1987(28) ELT 50(SC)] has come to Board”s notice. The Supreme Court has examined the issue of limitation in that case in an identical situation.
Circular No. 554/50/2000-CX I am directed to state that representations have been received in the Board seeking clarifications as to whether Additional Excise Duty under Textile and Textile Articles Act, 1978 (hereafter referred to as AED (T&TA) is leviable or not on cotton / man made yarns manufactured and cleared into DTA by a 100% EOU using indigenous raw materials.
“Export Oriented Unit” means a Hundred Percent Export Oriented Unit as approved by the Board of Approvals appointed by the notification of the Government of India in the Ministry of Industry, Department of Industrial Policy and Promotion or the Development Commissioner concerned.
We hereby declare that the above statements are true and correct to the best of my/our knowledge and belief. I/We will abide by any other condition which may be stipulated by the concerned Development Commissioner of Secretariat of Industrial Approvals(Deptt. of Industrial Policy and Promotion). I/We fully understand that any Permission Letter granted to me/us on the basis of the statement furnished is liable to cancellation or any other action that may be taken having regard to the circumstances of the case if it is found that any of the statements or facts therein are incorrect or false.
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 received after such commencement, from the date such goods have come into use for commercial production to the date of payment of duty.
Notification No. 11539-Income Tax It is notified for general information that the Institution/Association mentioned below and its programme given hereunder have been approved by the Secretary, Ministry of Environment and Forests, Government of India, New Delhi, being the prescribed authority under rule 6AAC of the Income-tax Rules, 1962, for the purposes of section 35CCB of the Income-tax Act, 1961.
Notification No. 2424-Income Tax It is notified for general information that the approval under section 10(23G) of the Income-tax Act, 1961, accorded to Rajasthan State Electricity Board, Vidyut Bhawan, R. C. Dave Marg, Jaipur-302 005, for its Suratgarh Thermal Power Stations (Units I and II Phase I and Units I and II of Phase II) vide Notification No. 10999, dated 13th July, 1999, and 11110
Notification No. 2425-Income Tax It is notified for general information that enterprise, 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 2000-2001, 2001-2002 and 2002-2003.
Notification No. 2426-Income Tax It is notified for general information that the institution/association mentioned below and its programme given hereunder have been approved by the Secretary, Ministry of Environment and Forests, Government of India, New Delhi, being the prescribed authority under rule 6AAC of the Income-tax Rules, 1962, for the purposes of section 35CCB of the Income-tax Act, 1961.
