Notification No. 542(E)-Income Tax Whereas the annexed Convention between the Government of the Republic of India and the Government of the Portuguese Republic for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, has come into force on the 30th April, 2000, thirty days after the date of exchange of diplomatic notes indicating the completion of internal legal
In exercise of the powers conferred by rule 3, read with rule 4 and rule 5 of the Customs and Central Excise Duties Drawback Rules, 1995, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes
Attention is invited to Paragraph 6.5 (vi) of the Exim Policy 1997-2002 incorporating amendments made upto 31st March,99 under which the physical exports made under Duty Exemption Scheme/Diamond Imprest Licence/Replenishment Licence by a manufacturer exporter who has obtained licences for the manufacture of the same export product under EPCG Scheme and the above schemes shall also be counted towards the discharge of export obligation under EPCG Scheme. The representations have been received from certain parties that while the above facility was made available in case of Advance Licences issued under Duty Exemption Scheme prior to 1.4.99 w.e.f. 1.4.1993.
Attention is invited to paragraph 6.8 of the Handbook (Vol.1). wherein it has been stated that in such cases where nexus norms have already been communicated by the Headquarters or the same are already established on the basis of the EPCG licences issued in the past by the Port Offices , such applications may not be forwarded to the Headquarters EPCG Committee.
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act (No.22 of 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 to Appendix 3 in Schedule 2, of the Book titled “ITC(HS) Classifications of Export and Import Items 1997-2002.
The sub paragraph of Paragraph 11.2 in Chapter 11 shall be amended to read as under: “An Inter-Ministerial Working Group under the Chairmanship of Export Commissioner in Directorate General of Foreign Trade shall consider applications for export of Special Chemicals, Organism, Materials, Equipments and Technologies(SCOMET) as specified in Schedule 2, Appendix-3 of ITC(HS) on the basis of guidelines issued in this regard from time to time.
As a part of rationalisation of All Industry Rate of Duty Drawback, the SS No. 57.01 in Drawback Table, 1999-2000 relating to Floor Coverings, all sorts has been split into three separate SS numbers in Drawback Table, 2000-2001
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 makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 61/2000-Customs, dated the 12th May, 2000.
In exercise of the powers conferred by sub-section (1) of section 3A of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 18/2000-Customs, dated the 1st March, 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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 16/2000-Customs, dated the 1st March, 2000.
