In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby amends the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.29/2003-CUSTOMS (N.T), dated the 23rd April, 2003, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i ), dated the 23rd April, 2003 vide No. G.S.R.351 (E), dated the 23rd April, 2003, namely.
In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs, Kandla , to act as Commissioner of Customs (Export Promotion), New Custom House, Ballard Estate, Mumbai, Commissioner of Customs, Mangalore, and Commissioner of Customs, Ahmedabad , for the purposes of adjudicating the matters relating to Show Cause Notice pertaining to M/s. Adani Exports Limited, Adani house, Navarangpura , Ahmedabad and Others, issued vide F.No . DRI/AZU/INV-14/98-PT.IV dated, the 20th March, 2003.
The principal notification No.12/97-CUSTOMS(N.T.), dated the 2nd April,1997 was published in the Gazette of India, Extraordinary Part-II, section 3, sub-section( i ), vide G.S.R.193(E) dated the 2nd April,1997 and last amended by notification No.70/2003-CUSTOMS(N.T.) dated 10th September,2003, published in the Gazette of India, Extraordinary Part-II, section 3, sub-section( i ), vide G.S.R.721(E) dated the 10th September, 2003.
The principal notification No. 87/98-CUSTOMS (N.T), dated the 9th November, 1998 was published in the Gazette of India Extraordinary Part II, Section 3, sub-section (i) , dated the 9th November, 1998 vide G.S.R. 662(E) dated the 9th November,1998 and last amended vide notification No.38/2003-CUSTOMs (N.T.), dated the 5th June, 2003.
In partial modification of earlier instructions on the subject, the Board have revised the prescribed monetary ceilings for write-off of irrecoverable dues of Direct Taxes by the various income-tax authorities. At the same time, the Board have reviewed and modified the existing structure of the Committees for recommending write-off. The revised procedure in this regard would be as follows:
Notification No.277 – 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 2002-2003, 2003-2004 and 2004-2005
I am directed to refer to Board’s letter F. No. 111/4/85-CX.3 dated 5th June 1985 on the above subject, wherein it was stated that all claims relating to grant of refund of duty on petrol upto a limit of Rs. 2,000/- may be sanctioned by the Assistant Collector (Technical), wherever such a post exists in a Collectorate and in such cases, claims of refund of duty on petrol exceeding Rs . 2000/- may be sanctioned by the Deputy Collector (P&E) of the Collectorate .
DGFT has updated the Standard Input Output Norms for chemicals, engineering, and miscellaneous products through Public Notice No. 31/RE-03/2002-2007.
I am directed to say that some doubts have been raised regarding application of service tax on the activity of Mutual FUnd Distribution as to whether
I am directed to say that some doubts have been raised regarding payment of service tax in cases where a lumpsum payment for a service to be provided in future over a certain period of time, is made in advance before the date on which the particular service came under the tax net, but the entire or part of such service is provided after the date on which it became taxable.
