S.O. (E) – 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–of-Revenue,-No- 62/94-Customs (NT), dated the 21st November, 1994, namely:-
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, 1997 (RE-98) as amended from time to time, namely.
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 the goods of the description specified in column (3) of the Table below and falling within the Chapter, heading No. or sub-heading No. of the First Schedule of the Customs Tariff Act, 1975.
It has been brought to the notice of the Board that the Exported-Oriented Units engaged in development of software are not being allowed to avail of the facility of taking out Laptop Computers and Video Projection System under Board’s Circular No.17/98-Customs, dated 16-3-98. Further, for the EPZ/STP/EHTP units also, the facility is limited to employee engineers having engineering
In terms of the Customs & Central Excise Duties Drawback Rules, 1995, drawback is allowed to the exporters for the duties of Customs and Central Excise suffered on the imported or indigenous inputs used in the manufacture of the export product for which no relief is otherwise available. Accordingly, in the All Industry Rates. Drawback Table, notified by the Central Government annually, the
In exercise of 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 amendment made upto 31.3.2000), the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002 (incorporating amendment upto 31.3. 2000.
Circular No. 796-Income Tax At present printed challan forms are used by the assessees for the purpose of depositing tax deducted at source in accordance with the prescribed procedure under the Income-tax Act, 1961 and the Income-tax Rules, 1962. In this context, it has been brought to the notice of the Board that for depositing tax deducted at source
Circular No. 797-Income Tax The Finance Act, 1997 has made provision w.e.f. 1-4-1997 for filing of a return on floppy diskette, magnetic cartridge tape, CD-ROM or any other computer readable Media. Pursuant to this, rule 37B was inserted in the Income-tax Rules, 1962 which, inter alia, states that the Computer Media must conform to the specifications given therein.
GSR (E). In exercise of the powers conferred by section, 11 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, for the purposes specified in sub-section (2) of that section; hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue No.1/64-Customs, dated the 18th January, 1964, namely:-
the Central Board of Excise and Customs hereby makes the following regulations to amend the Goods Imported (Conditions of Transhipment Regulations, 1995, namely
