"25 April 2003" Archive

Circular No. 56/5/2003-ST dated 25.04.2003

Circular No. 56/5/2003-ST (25/04/2003)

The Central Government has issued Notification no.2/2003 dated 1.3.2003 in the current year's Budget rescinding the earlier Notification no. 6/99 Service Tax dated 9.4.99 which exempted taxable services from payment of service tax so long as payment for services rendered is received in convertible foreign exchange which is not repatriated...

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Circular No. 36/2003-Custom Duty, dated; 25.04.2003

Circular No. 36/2003-Custom Duty (25/04/2003)

Commissioner of Customs (Import), Mumbai has reported a novel modus operandi adopted by the subject two parties with a view to illegally avail benefits under DEPB Scheme. The exporters used to pick containers from shipping agents at Mumbai and show as if these containers were to be transported to their factory premises at Viralimalai (Ta...

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Verification of supplementary DEPB scrips issued in terms of DGFT PN No.62 dated 17.2.2003-reg

Circular No. 35/2003-Custom Duty (25/04/2003)

You are aware that as per the decision taken by the Government, DGFT issued Public Notice No.62 dated 17.2.2003 notifying revised DEPB rates incorporating the element of SAD and such revised rates are made effective from 1.4.2002....

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Rounding off figures in Profit and Loss Account

General Circular No. 20/2003 (25/04/2003)

Attention is drawn to Notification No. G.S.R. 545(E) dated 1st August, 2002 whereby the figures in the balance sheet were permitted to be rounded off to the nearest hundreds, thousands, lakhs, millions, or crores, or decimals thereof....

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Name Availability Guidelines – change in

General Circular No. 19/2003 (25/04/2003)

In partial modification of General circular No. 5/2000 dated 30th June, 2000, it is hereby further clarified that since the Insurance Regulatory and Development Authority has notified the Insurance Regulatory and Development Authority....

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Notification No. 31/2003-Customs (N.T.), dated: 25.04.2003

Notification No. 31/2003-Customs (N.T.) (25/04/2003)

In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supercession of the notification of the Government of India in the Ministry of Finance & Company Affairs (Department of Revenue) No.25/2003-NT-Customs, dated the 26th March, 2003....

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Notification No. 30/2003-Customs (N.T.), dated: 25.04.2003

Notification No. 30/2003-Customs (N.T.) (25/04/2003)

In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supercession of the notification of the Government of India in the Ministry of Finance & Company Affairs (Department of Revenue) No.24/2003-NT-Customs, dated the 26th March, 2003....

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