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Archive: January, 2004

Posts in January, 2004

Notification No. 26/2004, Dated : 21.01.2004

January 21, 2004 451 Views 0 comment Print

this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of accounts are maintained in respect of such business

Notification No. 25/2004, Dated : 21.01.2004

January 21, 2004 472 Views 0 comment Print

this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of accounts are maintained in respect of such business

Correction of error in spelling of a drug under notification No. 21/2002-Customs Dated 1-3-2002

January 21, 2004 490 Views 0 comment Print

It may be mentioned that the amending notification does not in any way alter the scope of the existing notification and is only in the nature of correction of spelling. The benefit of conecessional rate of duties as applicable, may not be denied on this account and pending cases, if any, may be disposed off accordingly.

Circular No. 772/05/2004-CX Dated 21/1/2004

January 21, 2004 1003 Views 0 comment Print

The exemption contained in these notifications is applicable either to the new industrial units or units undertaking substantial expansion by way of increase in installed capacity by not less than 25%.

Anti dumping duty on import of Flexible Slabstock Polyol

January 20, 2004 1066 Views 0 comment Print

It necessary to recommend the imposition of provisional anti dumping duty on import of such Flexible Slabstock Polyol , originating in, or exported from the subject countries.The anti-dumping duty imposed under this notification shall be effective upto and inclusive of the 19th day of July, 2004, and shall be payable in Indian currency.

SEBI : Participation of Banks in Interest Rate Derivatives Market

January 20, 2004 484 Views 0 comment Print

Make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision immediately.

Notification No. 7/2004-Central Excise; Dated : 19.01.2004

January 19, 2004 499 Views 0 comment Print

Notification 7/2004-Central Excise exempts unprocessed fabrics from excise duties when subjected to job work and sent back to the manufacturer.

Notification No. 6/2004-Central Excise ; Dated : 19.01.2004

January 19, 2004 619 Views 0 comment Print

Central Excise Notification No. 6/2004 exempts specified fabrics and yarn clearances from excise duties under certain conditions. Issued on 19th January 2004.

Compliance of provisions of Finance Act concerning TDS and Surcharge

January 19, 2004 909 Views 0 comment Print

The Department of Post is doing an agency work on behalf of the Ministry of Finance, Department of Economic Affairs. Several queries have been received from various Circles regarding deduction of TDS and Surcharge.

Notification No. 5/2004-Central Excise; Dated : 19.01.2004

January 19, 2004 535 Views 0 comment Print

The principal notification No.6/2002-Central Excise dated the 1st March, 2002 was published in the Gazette of India, Extraordinary vide G.S.R. 127(E) dated the 1st March, 2002 and was last amended by notification No. 4/2004-Central Excise dated the 15th January, 2004 [G.S.R. 45(E) dated the 15th January, 2004

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