For the purposes of this notification the applied rate of duty means the standard rate of duty specified in the First Schedule to the said Customs Tariff Act, with respect to the goods specified in the said Table, read with any other exemption notification, for the time being in force, issued in respect of such goods under sub-section (1) of section 25 of the said Customs Act.
Products eligible for a Certificate of origin in the form annexed shall support preferential treatment issued by an authority designated by the Government of the exporting country and notified to the other country in accordance with the certification procedures to be devised and approved by both the Contracting Parties.
The principal notification No.56/2002-Central Excise, dated the 14th November, 2002 was published in the Gazette of India, vide number G.S.R. 764(E), dated the 14th November, 2002 and was last amended by notification No. 5/2003-Central Excise, dated the 13th February, 2003, [G.S.R. 104 (E), dated the 13th February, 2003.
Similarly, in terms of Para 4(ii) conversion of shipping bill from one export promotion scheme to another was permitted provided benefit of that scheme was denied to him by DGFT or Customs. Conversion in such cases was to be permitted by Commissioner on case to case basis subject to the conditions specified in Para 4 (a),(b) and (c) of the said Circular.
Attention is invited to Notification No. 5 (RE-2003)/2002-07 dated 7.4.2003 vide which mandatory standards for import of certain electrical goods and appliances have been stipulated to be complied with by the importers. In this connection representations have been received from various Associations and importers and keeping in view the operative difficulties pointed out, it has been decided that such mandatory standards in respect of the items at sl. No. 143 to 159 of the above mentioned notification shall come into force after 17.08.2003.
Notification No.126 – Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
In exercise of the powers conferred by sub-section (2) of section 4A of the Companies Act, 1956 (1 of 1956), the Central Government hereby specifies the following institution to be a public financial institution and for that purpose makes the following further amendment in the Notification of the Government of India,
Learn about the procedure and eligibility for importing items under Tariff Rate Quota (TRQ) as per the Public Notice No. 7 (RE-2003)/2002-2007.
In supercession of DGFT’s notifications issued earlier pertaining to export of onion it has now been decided to make the following proposals with the approval of competent authority: All quantitative restrictions on export of all varieties of onion stand removed.
The Public Notice No. 06 (RE-03)/2002-2007 announces amendments to the Standard Input Output Norms in the Handbook of Procedures for various products.
