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Archive: January, 2005

Posts in January, 2005

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

January 12, 2005 1774 Views 0 comment Print

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.

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

January 12, 2005 799 Views 0 comment Print

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

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

January 11, 2005 790 Views 0 comment Print

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 dated the 30th April, 2002,

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

January 11, 2005 688 Views 0 comment Print

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, 1994.

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

January 11, 2005 556 Views 0 comment Print

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 only be exported in terms of sub- rule(1) of rule 19 of Central Excise Rules, 2002.

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

January 7, 2005 528 Views 0 comment Print

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

Prescribes MRP based levy on medicaments

January 7, 2005 544 Views 0 comment Print

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 Act, 1985

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

January 6, 2005 331 Views 0 comment Print

The Government of India amends the Foreign Trade Policy 2004-09, removing restrictions on importing edible oils through STC and MMTC, as per Notification No. 17.

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

January 6, 2005 400 Views 0 comment Print

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.

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

January 6, 2005 561 Views 0 comment Print

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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