Where ICES system is not operational , the hard copies of IGM shall be required to be filed manually, in advance as per the Section 30 of Customs Act,1962.
I am directed to refer to Ministry’s letter of even number dated the 20th June, 2001 (Annex) on the above subject and to state that the policy/procedure/guidelines in respect of grant of reward to Informers and Government servants contained in the said letter stand modified to the extent indicated below :-
The Stock Exchanges may shift these companies from TFTS to NRS provided there are no other specific grounds for continuation of the trading in these scrips in TFTS.
Representations have been received in the Board to clarify whether barging/lighterage charges are includable in the assessable value of the imported goods as “extended cost of transportation” under Rule 9(2)(a) of the Customs Valuation Rules, 1988 or the same are covered under the 1% “landing charges” levied by the Department under Rule 9(2)(b) of the Customs Valuation Rules, 1988.
However, in case of export of blended textile product, if the content of one type of item is more than 95%, the DEPB rate of the blended item would carry the rate of that particular export item. However, where no constituent is 95% or more by weight of the blend, DEPB rate would be of product with the lowest of the rates of the product of the constituent (subject to the provisions contained in General Instruction No. 7 as stated above). For example, in made-ups of blend of cotton/Man Made Filament Yarn, the rate applicable would be that of made ups of the constituent with the lowest rate.
DGFT announces updates to Standard Input Output Norms and product categories under Export and Import Policy 2002-2007.
In the notification of the Government of India in the Ministry of Finance( Department of Revenue) No. 4/2004-Service Tax, dated the 31st March,2004 , published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 31st March,2004, with G.S.R.248(E), dated the 31st March,2004, at pages 1 to 3
The Principal notification was published in the Gazette of India, Extraordinary, vide notification No. 36/2001- CUS (N.T.), dated, the 3rd August, 2001 [S.O 748 (E), dated, the 3rd August, 2001] and was last amended vide notification no. 32/2004-Cus. (N.T.), dated the 16th March, 2004 [S.O.361 (E), dated, the 16th March, 2004].
And whereas, the designated authority, vide its final findings notification No.14/51/2002-DGAD, dated the 15th March, 2004, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 16th March, 2004, has come to the conclusion that
Notification No. 134-Income Tax In the notification of the Government of India in the Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) number S.O. 323(E) dated the 10th March, 2004 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated the 10th March, 2004 in line 10, for “Special”, read “Serious”.
