In exercise of the powers conferred under Paragraph 2.4 and 2.29 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby make the following amendment in Schedule – 2 of ITC(HS) Classification of Exports and Imports 2004-2009.
Notification No. 259-Income Tax Income Tax Notification No: 259 (15-Oct-04) Section 10(23C)(iv) notifies the Foundation Aga Khan, New Delhi In exercise of powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the “Foundation Aga Khan, New Delhi” for the purpose
Clearance of Capital Goods including second hand in DTA shall be allowed as per the Policy under EPCG Scheme. In other cases, clearance in DTA may be allowed on payment of applicable duty and Import Policy in force on the date of such clearance.
Public Notice No. 16/2004-09, dated 15.10.2004, revises import rules for metallic waste and scrap, including port restrictions and inspection certificate requirements.
This Appendix IV will contain a revised list of countries, which are parties to the “Montreal Protocol on substances that deplete the Ozone layer.” This is read with reference to Import Licencing Note of Chapter 29 in ITC (HS) Classifications of Export and Import Items, 2004-2009.
Clarification has been sought as to whether 10% Bank Guarantee is to be insisted upon in the case of those show cause notices involving an issue which has already been decided against the revenue and department has preferred appeal against such decision. The issue has been considered in the Board. If the decision of the Tribunal is in favour of the assessee, strictly speaking, no duty is payable, notwithstanding the fact that Department has preferred appeal.
therefore, in exercise of the powers conferred by sub-section (1), read with sub-section (5) of section 9A of the said Customs Tariff Act and rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, hereby rescinds the notification of the Government of India.
In exercise of the powers conferred by section 28A 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 makes the following amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 12/99-Customs (NT) dated the 5th February, 1999.
Amendment to Para 4.4.2 relating to reduction in carat from 0.50 to 0.25 under the Gem and Jewellery Scheme and paras 6.39.1 to 6.39.13 of the HOP relating to Fast Track clearances for EOU’s, are under review and its implementation may be deferred till a final view is communicated by this Ministry.
The matter has been examined by the Board and to state that the instruction contained in the Regulation 4(d) and 4(e) of Foreign Exchange Management (Exports of Goods and Services ) Regulations, 2000 as amended vide notification No.FEMA.116/2004-RB, dated the 25th March, 2004 may kindly be implemented in letter and spirit.
