"January, 2005" Archive

Extension of last date for abolition of ECOM password based system

Policy Circular No. 17/2004-2009 (31/01/2005)

ECOM password based system was come to an end on 31.01.2005. It has been decided to abolish the ECOM password based system on 31.03.2005.This issues with the approval of DGFT....

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Public Notice No. 51/2004-09, Dated: 31.01.2005

Public Notice No. 51/2004-09 (31/01/2005)

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following additions in Handbook of Procedures....

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Amends Notification No.36/2001-Custom Duty (N.T.), Dated: 03.08.2001

Notification No. 11/2005-Customs (N.T.) (31/01/2005)

In exercise of the powers conferred by sub-section (2) of Section 14 of the Customs Act, 1962, (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.36/2001-Cus ...

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Notification No.19/2005 – Income Tax Dated 31/1/2005

Notification No.19/2005 - Income Tax (31/01/2005)

Notification No.19/2005 - Income Tax 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 "Jawaharlal Nehru Memorial Fund, New Delhi" for the purpose of the said sub-clause for the assessment years 2005-2006 to 2007-2008 ...

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Notification No.18/2005 – Income Tax Dated 31/1/2005

Notification No.18/2005 - Income Tax (31/01/2005)

Notification No.18/2005 - Income Tax It is hereby notified for general information that the organization mentioned below has been approved by the Central Government for the period mentioned below, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income tax Act, 1961, read with Rule 6 of the Income Tax Rules, 1962 un...

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Notification No. 20/2005-Income Tax, dated: 31.01.2005

Notification No. 20/2005-Income Tax (31/01/2005)

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 Netaji Research Bureau, Kolkata for the purpose of the said sub-clause for the assessment year 2004-2005 to 2006-2007 subject to the following conditions...

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Levy and collection of 2% Education Cess on imports under various Export Promotion Schemes

Circular No. 5/2005-Customs Duty (31/01/2005)

The undersigned is directed to invite your attention to the above mentioned subject and to say that a doubt has been raised as to whether 2% Education Cess is to be levied on the imports cleared under Advance Licence, DFRC, EPCG and DEPB Schemes...

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Circular No. 04/2005-Customs Duty, Dated: 31.01.2005

Circular No. 04/2005-Customs Duty (31/01/2005)

I am directed to refer the Circular No.122/95-Cus dated 28.11.95, on the subject of issue of Show Cause Notice to EOUs/EPZ in cases involving scope of notification etc....

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Section 54 benefit on Assets Purchased in foreign country or leased for 150 Years

Mrs. Prema P. Shah Vs ITO (ITAT Mumbai)

The assessee filed the return showing the taxable income of Rs. 33,570 on December 31, 1993. During the previous year relevant to the assessment year 1993-94, the assessee sold residential property for Rs. 60. lakhs. It was jointly owned by the assessee and Mrs. Prema P. Shah. It was purchased for Rs. 14.00 lakhs on March 29, 1983, and so...

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Notification No. 20 (RE-2004)/2004-2009, Dated: 28.01.2005

Notification No. 20 (RE-2004)/2004-2009 (28/01/2004)

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Paragraph 2.1 and 2.29 of the Foreign Trade Policy, 2004-2009 as amended from time to time, the Central Government hereby makes the following amendments in the Schedule 2 of ITC(HS) Classification of Export and...

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Amends the CENVAT Credit Rules, 2004

Notification No. 3/2005-Central Excise (N.T.) (28/01/2005)

In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules, 2004...

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SEBI : Review of Dematerialisation Charges

MRD/DoP/SE/Dep/Ci r-4/2005 (28/01/2005)

bring the provisions of this circular to the notice of the DPs of the Depositories and the issuers whose securities have been admitted into the depositories and also to disseminate the same on the website;...

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Notification No.17/2005 – Income Tax Dated 27/1/2005

Notification No.17/2005 - Income Tax (27/01/2005)

Notification No.17/2005 - Income Tax It is notified for general information that approval to the enterprise/undertaking, listed at para (3) below has been renewed by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962 with effect from the Assessment Year 2...

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Notification No.16/2005 – Income Tax Dated 27/1/2005

Notification No.16/2005 - Income Tax (27/01/2005)

Notification No.16/2005 - Income Tax It is hereby notified for general information that the organisation mentioned below has been approved by the Central Government for the period mentioned below, for the purpose of clause (iii) of sub-section (1) of section 35 of the Income tax Act, 1961, read with Rule 6 of the Income Tax Rules, 1962 u...

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Notification No.15/2005 – Income Tax Dated 27/1/2005

Notification No.15/2005 - Income Tax (27/01/2005)

Notification No.15/2005 - Income Tax It is hereby notified for general information that the organisation mentioned below has been approved -by the Central Government for the period mentioned below, for the purpose of clause (iii) of sub-section (1) of section 35 of the-Income tax Act, 1961, read with Rule 6 of the Income Tax ...

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Rescinds notification No. 63/2003-Customs, dated: 2nd April 2003

Notification No. 6/2005-Customs (27/01/2005)

Whereas on the basis of the aforesaid findings of the designated authority, the Central Government had imposed an anti-dumping duty vide notification of the Government of India in the erstwhile Ministry of Finance and Company Affairs (Department of Revenue), No. 63/2003-Customs, dated the 2nd April, 2003 published in Part II, Section 3, S...

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Imposes anti-dumping duty on Hexa Methylene Tetramine

Notification No. 5/2005-Customs (27/01/2005)

Whereas in the matter of import of Hexa Methylene Tetramine, commonly known as Hexamine, falling under sub-heading 2921 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from Iran, the designated authority vide its preliminary findings notification No.14/35/2002-DGAD dated the 23rd December...

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Exchange rate (Export) w.e.f 1st February, 2005.

Notification No. 10/2005-Customs (N.T.) (25/01/2005)

In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.149/2004-NT-Customs, dated the 28th December, 2004 [S.O.1420(E), dated the 28th...

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Exchange rate (Import) w.e.f 1st February, 2005.

Notification No. 9/2005-Customs (N.T.) (25/01/2005)

Notification No.9/2005-Custom (N.T.) In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.148/2004-NT-Customs, dated the 28th December, ...

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SEBI : Amendments to SEBI (Disclosure and Investor Protection) {DIP} Guidelines, 2000

SEBI/CFD/DIL/DIP/14/2005/25/1 (25/01/2005)

amendments stated in (1.1) and (1.2) above are applicable to all those issues where draft offer documents are filed on or after 30 days from the date of this circular i.e with effect from February 25, 2005....

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Public Notice No. 50/2004-2009, Dated: 24.01.2005

Public Notice No. 50/2004-09 (24/01/2005)

DTA sale of finished products in terms of para 6.8(a) of FTP (ii) Participation in exhibition (iii) Personal carriage of Gems & Jewellery for export promotion tours subject to fulfillment of conditions of para 6.24 of Handbook....

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Public Notice No. 49 /2004-09, Dated: 24.01.2005

Public Notice No. 49/2004-09 (24/01/2005)

An exporter desiring to obtain a Registration-cum-Membership Certificate (RCMC) shall declare his main line of business in the application, which shall be made to the Export Promotion Council (EPC) relating to that line of business. However, a status holder has the option to obtain RCMC from Federation of Indian Exporters Organization (FI...

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Notification No.14/2005 – Income Tax Dated 24/1/2005

Notification No.14/2005 - Income Tax (24/01/2005)

Notification No.14/2005 - Income Tax S.O. 82(E).— Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.602(E) dated the 12th August, 1993 issued under clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central...

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Notification No.13/2005 – Income Tax Dated 24/1/2005

Notification No.13/2005 - Income Tax (24/01/2005)

Notification No.13/2005 - Income Tax S.O. 81(E).—In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 3 5 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare...

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Notification No.12/2005 – Income Tax Dated 24/1/2005

Notification No.12/2005 - Income Tax (24/01/2005)

Notification No.12/2005 - Income Tax It is notified for general information that the enterprise/undertaking, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962 with effect from the Asstt. Year 2001-02...

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Notification No.10/2005 – Income Tax Dated 24/1/2005

Notification No.10/2005 - Income Tax (24/01/2005)

Notification No.10/2005 - Income Tax It is notified for general information that the enterprises/undertakings, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962 with effect from the Assessment Year ...

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Imposes final anti-dumping duty on Flexible Slab stock Polyol of Molecular weight 3000 to 4000

Notification No. 4/2005-Customs (24/01/2005)

The anti-dumping duty imposed under this notification shall be levied with effect from the date of imposition of the provisional anti-dumping duty, i.e. the 20th January, 2004, and shall be paid in Indian currency....

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Notification No. 9/2005 – Income Tax Dated 20-1-2005

Notification No.9/2005 - Income Tax (20/01/2005)

Notification No. 9/2005 - Income Tax S.O. 70(E).—In exercise of the powers conferred by Sub-section (1) and Sub-section (2) of Section 120 of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby makes the following amendment in the notification of the Government of India, Ministry of Finance, Department of ...

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Notification No. 8/2005 – Income Tax Dated 20/1/2005

Notification No.8/2005 - Income Tax (20/01/2005)

Notification No. 8/2005 - Income Tax S.O. 69(E).—In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the "Secured non-cumulative and non-convertible tax-free Indian Renewable Energy Development ...

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Notification No. 7/2005 – Income Tax Dated 20/1/2005

Notification No.7/2005 - Income Tax (20/01/2005)

Notification No. 7/2005 - Income Tax S.O. 68(E).—In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the following Taxfree bonds issued by M/s. North Eastern Electric Power Corporation Ltd. (NEEPCO),...

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Notification No. 19 (RE-2004)/2004-2009, Dated: 19.01.2005

Notification No. 19 (RE-2004)/2004-2009 (19/01/2005)

An Advance Licence holder, holder of advance licence for annual requirement, holder of Diamond Imprest Licence and holder of DFRC may, instead of applying for an Advance Release Order, avail of the facility of Back-to-Back Inland Letter of Credit in accordance with the procedure specified in Handbook (Vol.1)....

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Public Notice No. 48 /2004-09, Dated: 19.01.2005

Public Notice No. 48/2004-09 (19/01/2005)

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following amendments in the Appendix 28 of the Handbook of Procedures....

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Notification No. 6/2005-Income Tax, Dated: 19.01.2005

Notification No. 6/2005-Income Tax (19/01/2005)

the assessee will not invest or deposit its fund (other than voluntary contributions received and maintained in the form of jewellery, furniture etc.) for any period during the previous years relevant to the assessment years mentioned above other wise than in any one or more of the forms or modes specified in sub-section (5) of Section 1...

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Guidance Note on Audit U/s. 115JB of Income Tax Act, 1961

Guidance Note on Audit Under Section 115JB of The Income Tax Act, 1961 1. Terms, abbreviations used in this Guidance Note In this Guidance Note the following terms and abbreviations occur often in the text. A brief explanation of such terms and abbreviations is given below. Further, reference to a section without reference to the [&hellip...

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Posted Under: DGFT |

Continues anti dumping duties on Sodium Cyanide

Notification No. 3/2005-Customs (19/01/2005)

Therefore, in exercise of the powers conferred by sub-section (1) of section 9A, read with the second proviso to sub-sections (5) and (6) of that section of the said Customs Tariff Act and rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules...

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Rescinds notification No. 116/2004-Customs, dated 24.12.2004

Notification No. 2/2005-Customs (19/01/2005)

In exercise of the powers conferred by sub-section (1) of section 9A, read with the second proviso to sub-section (5) and (6) of that section in the Customs Tariff Act, 1975 (51 of 1975) and rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rul...

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Notification No. G.S.R 29(E), dated 18/01/2005

Notification No. G.S.R. 29(E) (18/01/2005)

In exercise of the powers conferred by Sub-section (1) of Section 621 of the Companies Act, 1956 (1 of 1956), the Central Government hereby authorise the following officer of the Serious Fraud Investigation Office (SFIO), Ministry of Company Affairs for the purposes of that Sub-section in respect of offences punishable under the provision...

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Notification No. 18 (RE-2004)/2004-09, Dated: 18.01.2005

Notification No. 18 (RE-2004)/2004-09 (18/01/2005)

In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Paragraph 1.3 of the Foreign Trade Policy, 2004-09, the Central Government hereby makes the following amendments in the Foreign Trade Policy....

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Clarification regarding supplies made to SEZ units after 1st September,2004

Policy Circular No. 16/2004-2009 (18/01/2005)

Representations have been received regarding availability of DFRC on supplies made to SEZ units. The issue has been examined and it is hereby clarified that since all supplies to SEZs is treated as physical exports with effect from 1st September 2004, such supplies will be entitled to the benefit of DFRC under the Foreign Trade Policy....

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Public Notice No. 47 /2004-09, Dated: 18.01.2005

Public Notice No. 47/2004-09 (18/01/2005)

Incase of deemed exports, a copy of the invoice duly signed by the unit receiving the material and their jurisdictional excise authorities certifying the item of supply, its quantity, value and date of such supply. However, incase of supply of items, which are non-excisable product(s), a project authority certificate (PAC) certifying qua...

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Public Notice No. 46 /2004-2009, Dated: 18.01.2005

Public Notice No. 46/2004-09 (18/01/2005)

However, the facility of extension of export obligation period shall not be allowed in case of advance licence wherein import of penicillin and its salts (ITC(HS) Code No. 29411 010) and 6 – APA (ITC(HS) Code No. 29411 050) have been allowed as an input. The licensing authority shall make an endorsement in the advance licence to this e...

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Determines rates of Drawbacks

Notification No. 8/2005- Customs (N.T.) (18/01/2005)

In exercise of the powers conferred by rule 3, read with rule 4, of the Customs and Central Excise Duties Drawback Rules, 1995 (hereinafter referred to as the said rules) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 26/2003-Customs (N.T.), dated the 1st ...

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SEBI : Establishment of connectivity with both NSDL and CDSL- Shifting from Trade for Trade Segment (TFTS) to Normal Rolling Segment (NRS)

MRD/DoP/SE/Cir- 3/05 (18/01/2005)

he Stock Exchanges are advised to report to SEBI, the action taken in this regard in Section II, item no. 13 of the Monthly Development Report for the month of February, 2005....

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All Industry Rates of Duty Drawback, 2004-2005 – Reg

Circular No. 03/2005-Customs Duty (18/01/2005)

The Ministry has announced the revised All Industry Rates of Duty Drawback vide notification No.8/2005-Cus (NT) dated 18.1.2005. These rates shall come into force with effect from 19.1.2005. The notification may be downloaded from CBEC website www.cbec.gov.in and perused for details....

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Policy Circular No. 15/2004-2009, Dated: 17.01.2005

Policy Circular No. 15/2004-2009 (17/01/2005)

The matter was examined again and accordingly it is decided to withdraw the Policy Circular No. 7 dated 4.11.04 with immediate effect. It is also reiterated that any advance licence issued with three months export obligation period as per the policy Circular No. 7 dated 4.11.04 stands automatically extended to six months in accordance wit...

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Notification No. 5/2005 – Income Tax Dated 17-1-2005

Notification No.5/2005 - Income Tax (17/01/2005)

Notification No. 5/2005 - Income Tax S.O. 61(F).—In exercise of the powers conferred by clause (ii b) of the proviso to Section 193 of the Income Tax Act. 1961 (43 of 1961). the Central Government hereby specifies the "IDBI Flexibonds 2004-2005" issued by Industrial Development Bank of India Limited for the purpose of ...

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Grant of deemed export benefits

Policy Circular No. 14/2004-2009 (14/01/2005)

It is further clarified that in respect of supplies made on or after 15.12.2004 to projects covered under para 8.6.1, the six months period allowed for claiming deemed export benefits as per the revised criteria will be counted from the last date of the month/quarter/half year in which the last payment is received or supplies made as per ...

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Public Notice No. 45 /2004-09, Dated: 14.01.2005

Public Notice No. 45/2004-09 (14/01/2005)

FOB actually realized and date of realization of export proceeds are to be given in all cases except where consignment has been sent against confirmed irrevocable letter of credit or exports made against the Government of India/EXIM Bank Line of Credit or exports made under Deferred Payment/Suppliers Line of Credit Contract backed by ECGC...

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Public Notice No. 44 /2004-09, Dated: 14.01.2005

Public Notice No. 44/2004-09 (14/01/2005)

In respect of supplies under paragraph 8.2(b) of the Policy, except Advance Licence for deemed exports and DFRC, the deemed export benefits may be claimed from the Development Commissioner or the Licensing Authority concerned....

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Notification No. 4/2005 – Income Tax Dated 14/1/2005

Notification No.4/2005 - Income Tax (14/01/2005)

Notification No. 4/2005 - Income Tax In exercise of powers conferred by the clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Karnataka State Billiards Association, Bangalore, Karnataka" for the purpose of the said sub-clause for the assessment year 2002-2003 subject to the fo...

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Notification No. 01/2005-ST, dated 14-01-2005

Notification No. 01/2005- Service Tax (14/01/2005)

14th January, 2005 Notification No. 01/2005- Service Tax In exercise of the powers conferred by sub-section (1), read with subsection (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Service Tax Rules 1994, namely:. (1) These rules may be called […...

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Notification No. 7/2005-Customs Duty (N.T.), dated: 13.01.2005

Notification No. 7/2005-Customs (N.T.) (13/01/2005)

For the purposes of adjudicating the matters relating to Show Cause Notices pertaining to M/s Mazgaon Docks Limited, Dockyard Road, Mumbai and Others, issued, vide, F.No. SG/Misc-108/PK/99/SIIB(I)/S/10-31/DC/2003 SIIB(I), dated the 12th December, 2003, and F.No. SG/Misc-108/PK/99/SIIB(I)/S/10-34/DC/2003 SIIB(I), dated the 30th December, 2...

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Notification No. 6/2005-Customs Duty (N.T.), dated: 13.01.2005

Notification No. 6/2005-Customs (N.T.) (13/01/2005)

For the purposes of adjudicating the matters relating to Show Cause Notices pertaining to M/s Zandu Chemicals Ltd, 70, Gokhale Road (South), Dadar (West), Mumbai and Others, issued vide, F.No. DRI/BZU/G/01/2004, dated the 20th October, 2004, by the Additional Director General, Directorate of Revenue Intelligence, Mumbai Zonal Unit, Mumbai...

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Notification No. 5/2005-Customs Duty (N.T.), dated: 13.01.2005

Notification No. 5/2005-Customs (N.T.) (13/01/2005)

For the purposes of adjudicating the matters relating to Show Cause Notice pertaining to M/s International Engineers, 7/3, Roop Nagar, New Delhi and Others issued, vide, F.No.DRI/23/42/2003/DZU-Pt/3603-3653, dated the 13th September, 2004, by the Additional Director General, Directorate of Revenue Intelligence, Delhi Zonal Unit, B-4, ...

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Notification No. 4/2005-Customs Duty (N.T.), dated: 13.01.2005

Notification No. 4/2005-Customs (N.T.) (13/01/2005)

For the purposes of adjudicating the matters relating to Show Cause Notice pertaining to M/s. Teck Industrial Corporation, 541, 1st Floor, Double Storey, New Rajinder Nagar, New Delhi and Others issued, vide, F.No.DRI/23/42/2003/DZU-Pt/3685-3706, dated the 9th September, 2004, by the Additional Director General, Directorate of Revenue ...

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Notification No. 3/2005-Customs Duty (N.T.), Dated: 19th January, 2005

Notification No. 3/2005-Customs (N.T.) (13/01/2005)

For the purposes of adjudicating the matters relating to Show Cause Notice pertaining to M/s. Shree Durga Impex, D-135, East of Kailash, New Delhi and Others issued vide, F.No.DRI/23/42/2003/DZU-Pt/3353-68, dated the 3rd September, 2004, by the Additional Director General, Directorate of Revenue Intelligence, Delhi Zonal Unit, B-4, 6t...

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Notification No. 02/2005-Customs Duty (N.T.), dated: 13-01-2005

Notification No. 2/2005-Customs (N.T.) (13/01/2005)

For the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s. Graphic India Limited, Nasik and Others, issued, vide, F. No.DRI. MZU/G/Misc-31/2002,6620-6626, dated the 3rd September, 2004, by the Additional Director General, Directorate of Revenue Intelligence, Mumbai Zonal Unit, 3rd/4th Floor, Hotel Wald...

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Public Notice No. 43 /2004-09, Dated: 12.01.2005

Public Notice No. 43/2004-09 (12/01/2005)

In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-09 and Paragraph 1.1 of Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby makes the following amendments/deletions/corrections and additions in the Handbook of Procedures, Vol.2, 2002-2007, as amended....

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Notification No. 3/2005 – Income Tax Dated 12/1/2005

Notification No.3/2005 - Income Tax (12/01/2005)

Notification No. 3/2005 - Income Tax S.O. 44(E).—In exercise of the powers conferred by Section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance,. Department of Revenue (Central Board of Direc...

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Circular No. 2/2005-Income Tax Dated 12-1-2005

Circular No. 2/2005-Income Tax (12/01/2005)

Circular No. 2 of 2005-Income Tax In cases where employees make donations to the Prime Minister’s National Relief Fund, the Chief Minister’s Relief Fund or the Lieutenant Governor’s Relief Fund through their respective employers, it is not possible for such funds to issue separate certificate to every such employee in respect of ...

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Circular No. 806/03/2005-Central Excise, Dated: 12.1.2005

Circular No. 806/03/2005-Central Excise (12/01/2005)

I am directed to refer to Board's Circular No.762/78/2003-CX dated 11.11.2003 containing a clarification regarding the cases which have been remanded by the appellate authority for denovo adjudication....

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Circular No. 02/2005-Custom Duty Dated 12 January, 2005

Circular No. 02/2005-Customs Duty (12/01/2005)

I am directed to invite your attention to the Board's Circular No.56/2004-Cus, dated 18th October, 2004 on the above mentioned subject and to say that the Directorate General of Foreign Trade vide Public Notice No.38/2004-09, dated 27.12.2004 have further amended the Para 2.32(i)(b) and deleted Para 2.32 (i)(I)(c) of ...

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Regarding Nidhi Companies, G.S.R. 14(E), dated 11/01/2005

Notification No. G.S.R. 14(E) (11/01/2005)

declares the following companies to be Nidhis subject to the directions specified in the notifications of the Government of India in the erstwhile Ministry of Law, Justice and Company Affairs (Department of Company Affairs) number G.S.R 241 dated the 28th April, 1995, G.S.R. 555(E) dated the 26th July, 2001, G.S.R. 308(E) and 309(E) both...

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Amends Notification No. 61/94-Customs (N.T.), dated: 21.11.1994

Notification No. 1/2005-Customs (N.T.) (11/01/2005)

In exercise of the powers conferred by clause (a) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance, (Department of Revenue), No. 61/94-Customs (N.T.), dated the 21st November, 19...

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Circular No. 805/02/2005-Central Excise, Dated: 11.1.2005

Circular No. 805/02/2005-Central Excise (11/01/2005)

I am directed to say that notification No. 43/2001-CE(NT) dated 26th June, 2001 was amended vide notification No. 10/2004-CE(NT) dated 3rd June, 2004. The said amendment added an Explanation to notification No. 43/2001-CE(NT) clarifying that goods manufactured or processed using materials procured under notification No. 43/2001-CE(NT) can...

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Notification No.2/2005 – Income Tax Dated 7/1/2005

Notification No.2/2005 - Income Tax (07/01/2005)

Notification No.2/2005 - Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, namely...

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Prescribes MRP based levy on medicaments

Notification No. 02/2005-Central Excise (N.T.) (07/01/2005)

In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 4A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby specifies the goods mentioned in column (3) of the Table below and falling under Chapter or Heading No. or Sub-heading No. of the First Schedule to the Central Excise Tariff Ac...

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Incorporation of sub-Para of Para 3.8.3.1 of Foreign Trade Policy,2004-09

Notification No. 17 (RE-2004)/2004-2009 (06/01/2004)

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act,1992 read with paragraph 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments in the Foreign Trade Policy, 2004-2009....

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Public Notice No. 42/2004-2009, Dated: 06.01.2005

Public Notice No. 42/2004-09 (06/01/2005)

In exercise of powers conferred under Paragraph 2.1 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures....

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Notification No. 1/2005 – Income Tax Dated 6/1/2005

Notification No.1/2005 - Income Tax (06/01/2005)

Notification No. 1/2005 - Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, namely...

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Circular No. 1/2005-Income Tax Dated 6-1-2005

Circular No. 1/2005-Income Tax (06/01/2005)

Circular No. 1 of 2005-Income Tax Section 10B of the Income-tax Act provides for 100% deduction of profits derived by a hundred per cent Export Oriented Undertaking, from export of articles or things or computer software manufactured or produced by it. The deduction is available for a period of ten consecutive assessment years beginning ...

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Notification No. 16 (RE-2004)/2004-2009, Dated: 04.01.2005

Notification No. 16 (RE-2004)/2004-2009 (04/01/2005)

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act,1992 read with paragraph 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments in the Foreign Trade Policy, 2004-2009....

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Notification No. 15 (RE-2004)/2004-2009, Dated: 04.01.2005

Notification No. 15 (RE-2004)/2004-2009 (04/01/2005)

Under the Scheme, export of all items covered by Chapter 6, 7, 8, 9 (excluding 0901, 0902 & 0903), 20 under the ITC (HS) Classification of Export and Import items, 2004-2009 and Minor Forest Produce (to be notified separately) shall qualify for export benefits as per Para 3.8.2. However, items appearing as ‘Others’ at the 8 digit lev...

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Amendments in ITC(HS) Classifications of Export and Import Items, 2004-09

Notification No. 14 (RE-2004)/2004-09 (04/01/2005)

In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2004-09, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items, 2004-09....

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Public Notice No. 41 (RE-2004)/2004-2009, Dated: 04.01.2005

Public Notice No. 41 (RE-2004)/2004-2009 (04/01/2005)

Import of agricultural Products listed in Chapter 1 to 24 of ITC (HS) Classification of Export and Import items except the following shall be allowed....

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SEBI : Renewal of Certificate of Registration

SEBI/MIRSD/DR-2/SRP/Cir-2/2005 (04/01/2005)

The intermediary may, if he so desires, make a representation for dispensing with the procedure, along with the application, for surrender in terms of the first proviso to regulation 16(1) of the SEBI ( Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty ) Regulations, 2002 in the prescribed format (enclosed with the Ci...

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SEBI : Executive Directors /Managing Director /Administrators of All Stock Exchanges

MAPIN/Cir–1/2005 (04/01/2005)

This clarificatory circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with Regulation 16A of the SEBI (Central Database of Market Participants) Regulations, 2003 ...

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Circular No. 804/01/2005-Central Excise, Dated: 4.1.2005

Circular No. 804/01/2005-Central Excise (04/01/2005)

I am directed to say that as you are aware the facility of removal of specified petroleum products without payment of duty from the factory of production to a warehouse or from one warehouse to another warehouse was withdrawn w.e.f. 6th September, 2004 vide notification No. 17/2004-CE (N.T.) dated 4th September, 2004 . The facility of rem...

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Rescinds notification No.1/2002-Customs, dated 02.01.2002

Notification No. 1/2005-Customs (04/01/2005)

In exercise of powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 13 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 notificat...

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Striking off names of defunct companies

General Circular No. 02/2005 (28/01/2005)

If a validly constituted Board of the Company is in existence, the application should be supported by a Board resolution to exit from the Register of Companies....

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