Circular No. 15/2001-Income Tax Reference is invited to Circular No. 798, dated 30-10-2000 wherein the rates of deduction of income-tax from the payment of income under the head “Salaries” under section 192 of the Income-tax Act, 1961, during the financial year 2000-2001
In exercise of 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, the Central Government hereby rescinds the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.103/99-Customs, dated the 6th August, 1999.
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 to time, in exercise of the powers conferred under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act and the relevant date for determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.
The exporters of Heat Resistant Latex Rubber Thread have approached the Ministry with a request that their export product may be included in the SS Nos. 40.06 and 40.07
The principal notification was published in the Gazette of India Extraordinary, vide notification No. 36/2001- Customs, dated the 3rd August, 2001 [S.O.No.748-(E), dated the 3rd August,2001] and was last amended vide notification No. 40/2001- CUS.(N.T.), dated 28th August, 2001 [ S.O. No. 832-(E), dated the 28th August, 2001] and notification No. 52/2001- CUS.(N.T.), dated 9th October,2001.
The above said simplified procedure for issuance of transhipment permit shall be applicable only for the containers manifested for transhipment to other ports/ICDs/CFSs.
Difficulties, if any, in implementation of this circular may be brought to the notice of the Board. Kindly acknowledge receipt of the circular
This should be ensured that the market verifications are expeditiously concluded and the drawback claims are settled at the earliest and at the most within three months from the date of the entry of the goods for export.
Pending assessments, if any may be finalised accordingly. Difficulties, if any, in implementing the above instructions may be brought to the notice of the Board.
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation ) Act, 1992 ( No. 22 of 1992 ) read with Paragraphs 1.3 and 4.11 of the Export and Import Policy, 1997-2002 (incorporating amendments made upto 31.3.2001), the Central Government hereby makes the following amendment in the ITC(HS) Classification of Export and Import items, 1997-2002 (incorporating amendments made upto 31st August, 1998 ) and as amended from time to time.
