Henceforth whenever the Development Commissioner receives proposals for sale of surplus power, it would be examined in consultation with the State Government, including State Electricity Board. This shall, however, not apply to sale of power within the EPZ/ SEZ. The Development Commissioner will report the norms on raw materials and consumables required for generation of a unit of power for consideration and approval by the Board of Approval.
Therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff Act, the Central Government, hereby directs that the First Schedule of the said Customs Tariff Act shall be amended in the following manner, namely.
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 by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act, and the relevant date for the 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 principal notification No.40/2002-Customs dated the 12th April 2002, was published in the Gazette of India Extraordinary vide G.S.R 281 (E) dated the 12th April 2002 and was last amended by notification No.87/2002-Customs dated the 27th August, 2002.
Notification No.15 – Income Tax It is notified for general information that enterprise/industrial undertaking, 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 2001-2002, 2002-2003 and 2003-2004
Notification No.14 – Income Tax In exercise of the powers conferred by sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, the Central Government hereby notifies the Maulana Azad Education Foundation, New Delhi for the purpose of the said sub-clause.
Notification No.13 – Income Tax In exercise of the powers conferred by sub-clause (f) of clause (iii) of subsection (3) of section 194A of the Income-tax Act, the Central Government hereby notifies the Tourism Finance Corporation of India Limited, New Delhi for the purpose of the said sub-clause
DGFT modifies policy on IT and non-IT items for duty exemptions and sales under special schemes.
