Whereas on the basis of the aforesaid findings of the designated authority, the Central Government had imposed anti-dumping duty, vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 8/97-Customs, dated the 24th January, 1997, published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, dated the 24th January, 1997.
In exercise of the powers conferred by Section 5 of the Foreign Trade ( Development & Regulation ) Act, 1992 ( No. 22 of 1992 ) read with Paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002(incorporating amendment made upto 31.3.2000), the Central Government hereby makes the following amendments in the ITC(HS) Classification of Export and Import items, 1997-2002 published on 31st March, 1997- ( RE-98) as amended from time to time.
Import consignments of above mentioned seconds/defectives of steel items shall be accompanied by a pre shipment certificate regarding description of material, material quality, chemical analysis of the material, visual inspection, thickness and width of material and the ITC (HS) Code No. from any of the inspection agency as specified in Appendix 32A of the Hand Book of Procedures, Vol..I ,1997-2002, as amended from time to time .
The Rupee amount rounded off to the nearest one rupee as intimated by Aid Accounts & Audit Division, Department of Economics Affairs should be deposited with interest as applicable, to the account of CAA&A, DEA, Ministry of Finance with the RBI, New Delhi or State Bank of India, Tis Hazari, Delhi through Challan and a copy of receipted challan should be sent to the Aid Accounts and Audit Division, Ministry of Finance, Department of Economic Affairs, ‘B’ Wing, Vth Floor, Janpath Bhavan, New Delhi-110 001.
Attention is invited to Paragraph 4.11. of the Export and Import Policy 1997-2002, as amended and Paragraphs 7.8 and 7.10 of the Handbook of Procedures, Vol.1, 1997-2002, as amended and also to the Handbook of Procedures, Vol.2, 1997-2002, as amended from time to time.
Public Notice 42 updates SION with new entries for plastic and chemical products in India’s Export and Import Policy.
In terms of the EXIM Policy 2000-2001 announced on 31.3.2000, Duty Free Replenishment Certificate (DFRC) Scheme had come into operation with effect from 1.4.2000 and exports made under it were, interalia, eligible for AIR of Drawback equivalent the Central Excise duty portion in respect of inputs imported and cleared on payment of CVD, provided no cenvat was availed. Circular Nos
Circular No. 560/56/2000-CX I am directed to invite your attention to Board’s Circular No. 413/46/98-CX., dated 6-8-1998 [See 1998 (102) E.L.T. (T31)] issued from F. No. 390/120/98-JC requiring the Commissioners to themselves examine the authorisation letters issued by them so that there is no occasion for CEGAT to dismiss the revenue appeals on technical ground. In spite of the above, it has come to the notice of Board that departmental appeals continue to be dismissed on the ground that there was no proper authorisation by the concerned Commissioner.
Circular No. 559/55/2000-CX M/s. Surya Roshni Ltd. situated in jurisdiction of C.C.E., Meerut-II is engaged in the manufacture of electric bulbs and tubes. The bulbs and tubes are sold FOR Destination. The price charged includes 2% towards transit risk insurance. For the purpose of the determination of the assessable value of bulbs and tubes, the assessee claimed a deduction on account of equalised freight based on the aggregate of transportation charges, insurance charges, octroi and taxes.
Notification No. 11568/2000-Income Tax In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the “Panjim Gymkhana, Goa” for the purpose of the said clause for assessment years 1996-97 to 1998-99 subject to the following conditions
