Notification No.185 – Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
Notification No.184 – 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
Notification No.183- 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
Circular No. 730/46/2003-CX A number of asessees are engaged in the manufacture of sugar. During the manufacture of sugar the press-mud comes out as waste. The department has been contending that the press-mud is an excisable commodity and is required to pay the duty leviable thereon. On the other hand, the Tribunal in their various judgments has held that the assesses in question are manufacturing sugar, and press-mud is only a residual waste and not a by-product and is not marketable and hence not excisable.
Duty free imports of goods as specified in list 28A of Customs notification No. 21/2002 dated 1.3.2002, (as amended from time to time) upto 1% of the FOB value of exports made during the preceding licensing year, shall be allowed to agro chemicals sector unit having export turnover of Rs. 20 crore or above during preceding licensing year. Such facility shall be available only to a manufacturer having a research and development wing registered with Deptt. of Scientific and Industrial Research in Ministry of Science and Technology subject to fulfilment of condition no.53A of the said notification.
he principal notification was published in the Gazette of India, Extraordinary, vide notification No. 6/2002-Central Excise, dated the 1st March, 2002 [G.S.R.127 (E), dated the 1st March, 2002] and was last amended by notification No. 60/2003-Central Excise, dated the 29 July, 2003 [G.S.R.613 (E), dated the 29 July, 2003.
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 63/1995- Central Excise, dated the 16th March, 1995 [ G.S.R.255(E), dated the 16th March, 1995] and was last amended by notification No.35/2001-Central Excise, dated the 29th June, 2001 [ G.S.R. 500 (E), dated the 29th June, 2001.
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 43/2000-Central Excise, dated the 18th August, 2000 [ G.S.R. 665(E), dated the 18th August, 2000] and was last amended vide notification No.37/2001-Central Excise, dated the 17th July, 2001 [G.S.R.538 (E), dated the 17th July, 2001.
