The matter has been examined by the Board and it has been decided to extend the time limit for completing the process of disposal of the uncleared /unclaimed goods landed upto 31.3.2003 by the custodians from 30.4.2004 to 31.12.2004.
I am directed to refer to Board’s Circular No. 581/18/2001-CX dated 29th June, 2001 which interalia, specifies conditions, procedures, class of exporters and places under sub-rule (2) of rule 20 of Central Excise Rules, 2002 for warehousing of excisable goods for the purpose of export. In paragraph 2(2) of the said Circular, Board has specified places where warehouses may be established. Now
Applications for DFRC/DEPB which are covered in category (a) above but have already been disposed of can be reconsidered by the concerned licensing authority on application. In such cases, a supplementary DFRC / DEPB, as the case may be, will be issued to the applicant.
Notification No. 146-Income Tax In exercise of the powers conferred by section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby amends the notification of the Government of India in the Ministry of Finance, Department of Revenue, no. S.O.279(E) published in the Gazette of India. Extraordinary, Part II, section 3(ii), dated the 12th March, 2003
In exercise of powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-2007 and paragraph 1.1 of the Handbook of Procedures (Vol.I) the Director General of Foreign Trade, hereby makes the following addition/correction/amendment in the book titled “Schedule of DEPB rates.
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 (Imports), Air Cargo Complex, Sahar, Mumbai to act as Commissioner of Customs, Chennai Airport and Air cargo.
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 (Imports), Air Cargo Complex, Sahar, Mumbai to act as Commissioner of Customs, Chennai Airport and Air cargo, Chennai and Commissioner of Customs, Air Cargo-Import and General, New Delhi for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s. United Racing.
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 (Imports), Jawahar Custom House, Nhava Sheva, Mumbai to act as Commissioner of Customs (Exports), New Custom House, Mumbai for the purpose of adjudicating the matters relating to Show Cause Notice pertaining.
The mater has been examined by Board. As per sub-rule (1) of rule 6 of CENVAT Credit Rules, 2002, the credit is not available on inputs which are used in the manufacture of exempted goods. Sub-rule (2) and sub-rule (3) of the said rule gives an option to the manufacturer to maintain the separate inventory of inputs for use in exempted goods or pay an amount of 8% of the price of the exempted goods
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below shall be further amended in the manner as specified in the the corresponding entry in column (3) of the said Table.
