rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred.
7th October, 2004 Corrigendum In the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 25/2004-Service Tax, dated the 10th September, 2004, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R. 599 (E), dated the 10th September, 2004, at page 26- (i) in […]
Public Notice No. 14/2004-2009, dated 07.10.2004, corrects value caps for DEPB rates in Public Notice 13/2004-2009 for engineering items at Sl. No. 337 and 352.
The matter has been examined by the Board and it has been decided to waive the condition of Bank Guarantee for “Shipping Lines” who are handling more than 5000 TEUs ( as Import Containers) in a financial year for the purpose of transshipment of import & export cargo from any Gateway Ports to feeder ports/ICDs/CFSs & vice versa, by Road.
It is clarified that the benefit of duty credit under Served from India Scheme will be available only to those remittances which are received as service charges and fee levied for the specific services rendered by the applicant. For example for the financial services sector the following indicative list of foreign exchange remittance would not be counted for entitlement under the Scheme.
It is hereby reiterated that an exporter desiring to obtain RCMC shall apply to the Export Promotion Council that relates to his main line of business as per Appendix 27 of the Handbook of Procedures (Vol 1). However, the exporter has the option to take the membership of any other Export Promotion Council in addition.
Public Notice No. 13/2004-2009 dated 06.10.2004 updates the DEPB rates schedule with amendments, additions, and corrections under the Foreign Trade Policy 2004-2009.
The Ministry of Company Affairs rescinds the Nidhi Company status of Singh Mutual Benefit Company Limited based on inspection findings and RBI information.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby notifies the following amendments in Public Notice No. 9/2002-07 dated 30.04.2002 and Public Notice No. 30/2002-07 dated 23.10.2003 prescribing the procedure for import of certain items under the Indo-Nepal Treaty of Trade signed on 2.3.2002.
As per HSN notes in the heading 85.12, the exclusions include an assembly of switches for mounting on the steering column (CTH 85.37) which is nothing but “lever combination switch”. Since “lever combination switches” are specifically classifiable under CTH 85.37, whereas in general, switches are classifiable under CTH 85.36, it appears that “lever combination switches’ are not switches in the normal meaning of the term and hence these may not be treated as switches for the purpose of Customs Notification No. 25/99 dated 28.2.1999, S.No. 112.
