In exercise of the powers conferred by sections 11 and 1 1A read with sections 19 and 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the regulations
21st August, 2003. Notification No. 18/2003 – Service Tax G.S.R. 676. – In exercise of the powers conferred by section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable service provided to a customer in […]
As regards para 4 of DOR Circular No.48/2003-Cus. it is clarified that the jurisdictional Superintendent of Central Excise shall also issue certificate about export performance in terms of para 3.1(c) in respect of units which are not in Central Excise control. This is to ensure that no frauds are further perpetrated by obtaining bogus claims of exports.
.Please refer to the deliberations during the meeting held on August 5, 2003, when apprehensions were raised stating, inter-alia, that some of the brokers/sub-brokers are using un-authorised software which is not in the interest of the securities market.
Commissioning or installation of plant, equipment or machinery by a commissioning or installation agency, is chargeable to service tax. A doubt has been raised as to whether the services like a plumber putting up a water tank, fitting pipes and tubing, an electrician putting up electric wire and fittings, installation of booster motors, air conditioners, water filters, hand-pumps, water heaters etc. will be chargeable to service tax
In exercise of the powers conferred by sub-rule (2) of rule 3 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) number 14/2002-Central Excise (N.T.), dated the 8th March, 2002
As you are aware, the provisions of Section 4A do no apply to the readymade garments, as they have not been notified under that section. But under notification No. 20/2001-C.E. (N.T.) dated 30.4.2001, tariff value (at the rate of 60% of the retail sale price declared or required to be declared) was fixed on readymade garments and other articles of apparel. Vide Board’s letter F. No. B.3/4/2003, dated 01.04.2003, it was clarified that for valuation, the provision of section 4
Notification No. 19 (RE-2003)/2002-2007 revises export policy for rare earths and other minerals, making them freely exportable.
Some Export Promotion Councils have opined that it is difficult to collect data from all the exporters exporting a particular product and requested for relaxation of this condition. It is hereby clarified that it is not the intention of the Policy Circular No.8 dt. 20th June, 2003 to call for data from each and every exporter of a particular product and the intention is only in getting representative data. Export Promotion Councils can forward data related to 60-65% of total exports under a particular DEPB entry and also they should get themselves satisfied that the data forwarded is representative.
The principal notification No. 53/2003-Customs (N.T.), dated the 22nd July, 2003, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R. 571 (E), dated the 22nd July, 2003.
