"June, 2005" Archive

Notification No. 11 (RE-2005)/2004-2009, Dated: 30.06.2005

Notification No. 11 (RE-2005)/2004-2009 (30/06/2005)

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy, 2004-2009, as amended, the Central Government hereby makes the following amendments in the Foreign Trade Policy, 2004-2009....

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Rescinds notification No. 5/2005-Customs, dated 27th January, 2005

Notification No. 59/2005-Customs (30/06/2005)

In exercise of the powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rule 13 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping duty on Dumped Articles and for Determination of Injury) Rules, 1995....

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Anti-dumping duty on all imports of Hexamine

Notification No. 58/2005-Customs (30/06/2005)

Whereas, on the basis of the aforesaid findings of the designated authority, the Central Government had reimposed provisional anti-dumping duty on the subject goods vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No.5/2005-Customs, dated the 27th January, 2005, [G.S.R. 42(E), dated the 27th...

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Notification No.180/2005 – Income Tax Dated 30/6/2005

Notification No.180/2005 - Income Tax (30/06/2005)

Notification No.180/2005 - Income Tax In exercise of the powers conferred by the proviso to sub-section (5A) of section 206C of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby frames the following scheme for furnishing of returns of tax collected at source in paper format, namely ...

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Notification No.179/2005 – Income Tax Dated 30/6/2005

Notification No.179/2005 - Income Tax (30/06/2005)

Notification No.179/2005 - Income Tax In exercise of the powers conferred by the proviso to sub-section (1) of section 206 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby frames the following scheme for furnishing of returns of tax deducted at source in paper format, namely...

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Notification No.178/2005 – Income Tax Dated 30/6/2005

Notification No.178/2005 - Income Tax (30/06/2005)

Notification No.178/2005 - 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, 1962, namely...

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Import of Crude Edible Oils against export of refined edible oils under Para 4.7 of Handbook of Procedures

Policy Circular No. 13 (RE-2005)/2004-2009 (29/06/2005)

Attention is invited to Para 4.7 of Handbook of Procedures (Vol.1) wherein all vegetable/edible oils classified under Chapter 15 of ITC(HS) Book is excluded from the purview of Para 4.7. Based on the recommendation from Department of Agriculture and Cooperation following relaxations are made under Para 4.7 of Handbook of Procedures, Vol...

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Notification No.177/2005 – Income Tax Dated 29/6/2005

Notification No.177/2005 - Income Tax (29/06/2005)

Notification No.177/2005 - Income Tax In exercise of the powers conferred by sub-section (1) of section 295 read with section 80DD and section 80U 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, 1962, namely ...

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Amendments in notification No. 26/2000-Customs, dated 01.03.2000

Notification No. 57/2005-Customs (28/06/2005)

In exercise of the powers conferred by sub-section (1) of section 25 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 further amendments in the notification of the Government of India in the Ministry of Finance (Department of Rev...

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National Advisory Committee on Accounting Standards to advise Central Government

Notification No. S.O. 900(E) (28/06/2005)

n exercise of the powers conferred by Sub-section (1) of Section 2 WA of the Companies Act, 1956 (1 of 1956), the Central Government hereby constitutes an Advisory Committee to be called the National Advisory Committee on Accounting Standards, consisting of the following persons to advise the Central Government on the formulation and layi...

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Notification No.176/2005 – Income Tax Dated 28/6/2005

Notification No.176/2005 - Income Tax (28/06/2005)

Notification No.176/2005 - 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, 1962, namely...

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Whether the yearly ‘declaration’ filed, by a small scale manufacturer can be treated as a ‘return’ under Sec. 32E(1) of the Central Excise Act.

The Settlement Commission, Customs And Central Excise, Mumbai [Additional Bench] In Re. to Emerson Electric Company (India) Pvt. Ltd.

Yes. As discussed supra. A return of production, clearance and duty paid in the prescribed manner, is a statutory requirement. In the absence of a specific reference in Section 32E to ER1/ER3 i.e. monthly/quarterly returns prescribed under Rule 12 of the Central Excise Rules, since the ‘declaration’ filed by a small scale manufacturer...

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Clarification regarding registration procedure that is being followed for import of all types of approved and unapproved drugs under the Advance Licensing Scheme

Policy Circular No. 12 (RE-2005)/2004-2009 (27/06/2005)

In any case if the material is imported from unregistered sources and the licence holder has failed to export the goods, then the Advance Licences cannot be regularised on payment of applicable customs duties etc. Since the material is not to be allowed for consumption within India, the unregistered material may be allowed to be re-expo...

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The rate of exchange of conversion for exported goods w.e.f.1st July

Notification No. 52/2005-Customs (N.T.) (27/06/2005)

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.42/2005-NT-Customs, dated the 26th May, 2005 [S.O.726(E), dated the 26th May, 2...

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Re-assignment of 8 digit Codes of ITC(HS) to the Scheduled Chemicals

Policy Circular No. 11 RE-02005) 2004-2009 (27/06/2005)

The Government has re-assigned 8 digit of ITC(HS) Codes to the Scheduled Chemicals of CWC and notified them in the Customs Tariff. Some of the commercially important Schedule 2 Chemicals are given at Annexure ‘A’ of this Circular. It is reiterated that the export of these chemicals is allowed only as per provisions in Appendix 3 to Sc...

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Circular No. 4/2005-Income Tax Dated 27-6-2005

Circular No. 4/2005-Income Tax (27/06/2005)

Circular No. 4 of 2005-Income Tax Finance Act, 2003 amended section 206 of the Income-tax Act, 1961 to provide for mandatory filing of returns of tax deduction at source in computer media by principal officers of companies responsible for deducting tax in accordance with a scheme to be notified by the Board in the Official Gazette. The ...

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Notification No. 175/2005 .Dated : 27.06.2005

Notification No. 175/2005 (27/06/2005)

this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of accounts are maintained in respect of such business...

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Notification No. 174/2005 ,Dated : 27.06.2005

Notification No. 174/2005 (27/06/2005)

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 11...

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Notification No. 173/2005 ,Dated : 27.06.2005

Notification No. 173/2005 (27/06/2005)

this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of accounts are maintained in respect of such business...

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Notification No. 172/2005 ,Dated : 27.06.2005

Notification No. 172/2005 (27/06/2005)

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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Notification No. 171/2005 ,Dated : 27.06.2005

Notification No. 171/2005 (27/06/2005)

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 11...

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Notification No. 170/2005 ,Dated : 27.06.2005

Notification No. 170/2005 (27/06/2005)

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 11...

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The rate of exchange of conversion for imported goods w.e.f. 1st July

Notification No. 51/2005-Customs (N.T.) (27/06/2005)

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.41/2005-NT-Customs, dated the 26th May, 2005 [S.O.725 (E) dated the 26th May, 2005...

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Notification No.168/2005 – Income Tax Dated 24/6/2005

Notification No.168/2005 - Income Tax (24/06/2005)

Notification No.168/2005 - Income Tax It is hereby notified for general information that the organization M/s Sir Ganga Ram Trust Society has been approved by the Central Government for the purposes 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 for the period f...

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Notification No. 10 (RE-2005)/2004-2009, Dated: 24.06.2005

Notification No. 10 (RE-2005)/2004-2009 (24/06/2005)

In case of DTA sale of goods manufactured by EOU/EHTP/STP/BTP, where basic duty and CVD is nil, such goods may be considered as non-excisable for the purpose of payment of duty. This will, however, not be applicable in case of DTA sale of books....

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Public Notice No. 24 (RE-2005)/2004-2009, Dated: 24.06.2005

Public Notice No. 24 (RE-2005)/2004-2009 (24/06/2005)

In exercise of powers conferred under Paragraph 2.4 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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Deemed export benefits on supplies made to projects financed by multilateral or bilateral agencies/funds covered under para 8.2(d) of Foreign Trade Policy

Policy Circular No. 10 (RE-2005)/2004-09 (24/06/2005)

The matter has been reconsidered in consultation with the concerned Departments. Accordingly, it is clarified that while the above stipulation is generally applicable in case of refund of excise duty, on account of the special provisions regarding Agencies/Funds covered under Appendix-13 of Handbook of Procedures and the fact that tender ...

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Notification No. 169/2005 ,Dated : 24.06.2005

Notification No. 169/2005 (24/06/2005)

It is hereby notified for general information that the organization M.S. Swaminathan Research Foundation, 3rd Cross Road, Taramani Institutional Area, Chennai - 600113 has been approved by the Central Government for the purposes of clause (ii) of sub-section (1) of section 35 of the Income Tax Act, 1961...

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Anti-dumping duty on Sodium Cyanide by amending notification No. 10/2001-Customs, dated 31.01.2001

Notification No. 56/2005-Customs (23/06/2005)

Whereas the Central Government had extended anti-dumping duty on Sodium Cyanide by six months by amending notification No. 10/2001-Customs, dated the 31st January, 2001 vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No.3/2005-Customs, dated the 19th January, 2005....

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Notification No.166/2005 – Income Tax Dated 22/6/2005

Notification No.166/2005 - Income Tax (22/06/2005)

Notification No.166/2005 - Income Tax S.O. 876 (E). - In exercise of the powers conferred by sub-section (2) of section 97 and section 109 of the Finance (No.2) Act, 2004 (No.23 of 2004) read with sub­sections (1) and (2) of section 120 of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby authorises the Income-tax autho...

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Notification No. 9 (RE-2005)/2004-2009, Dated: 21.06.2005

Notification No. 9 (RE-2005)/2004-2009 (21/06/2005)

The H.S. Code No.2302 20 10 against Sl.No.71 of Chapter 23 under Heading “ Residues and Waste from the Food Industries, Prepared Animal Fodder” in Schedule – 2, Export Policy stands deleted to make “De-oiled Rice Bran” freely exportable. ...

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Notification No.165/2005 – Income Tax Dated 20/6/2005

Notification No.165/2005 - Income Tax (20/06/2005)

Notification No.165/2005 - 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, 1962, namely...

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Public Notice No. 23 (RE-2005)/2004-2009, Dated: 20.06.2005

Public Notice No. 23 (RE-2005)/2004-2009 (20/06/2005)

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 correction in the Schedule of DEPB rates....

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Notification No.164/2005 – Income Tax Dated 17/6/2005

Notification No.164/2005 - Income Tax (17/06/2005)

Notification No.164/2005 - 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, 1962, namely...

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Notification No.163/2005 – Income Tax Dated 17/6/2005

Notification No.163/2005 - Income Tax (17/06/2005)

Notification No.163/2005 - 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, 1962, namely...

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Anti-dumping duty on Analigin from China PR

Notification No. 55/2005-Customs (17/06/2005)

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 Ministry of Finance (Department of Revenue), No. 38/2001-Customs, dated the 9th April, 2001, published in Part II, Section 3, Sub-section (i) of the Gazette...

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Notification No. 49/2005-Customs (N.T.), dated: 17-06-2005

Notification No. 49/2005-Customs (N.T.) (17/06/2005)

In exercise of the powers conferred by sub-section (1B) of section 129A of the Customs Act, 1962 (52 of 1962), the Board constitutes the following Committees consisting of two Commissioners mentioned in column (2) of the Table below to be the Committee, for the areas falling within the jurisdiction of the Commissioner (Appeals) in the cor...

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Areas falling within jurisdiction of the Commissioner (Appeals)

Notification No. 48/2005-Customs (N.T.) (17/06/2005)

In exercise of the powers conferred by sub-section (1B) of section 129A of the Customs Act, 1962 (52 of 1962), the Board hereby makes the following further amendments in the Notification No. 40/2005-Customs (N.T.) dated the 13th May, 2005 of the Government of India in the Ministry of Finance, Department of Revenue, namely....

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Circular No. 816/13/2005-Central Excise, Dated: 16.06.2005

Circular No. 816/13/2005-Central Excise (16/06/2005)

I am directed to refer to Board's Circulars No. 643/34/2002-CX dated 1.7.2002 and No. 813/10/2005-CX dated 25th April, 2005 in which clarification was issued on valuation in certain situations, inter alia in respect of valuation of capital goods or inputs removed as such from the factory of the manufacturer. It was clarified that in such ...

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Extension of anti-dumping duty on Metronidazole.

Notification No. 54/2005-Customs (14/06/2005)

Therefore, 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 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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Public Notice No. 22 (RE-2005)/2004-09, Dated: 14.06.2005

Public Notice No. 22 (RE-2005)/2004-09 (14/06/2005)

In exercise of powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-07, the Director General of Foreign Trade hereby makes the following amendments in the Application Form Appendix 17D for DFCE for Status Holders 2003-04 published as annexure A to the Public Notice 15(RE2005)/2004-09 dated 04.06.2005....

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Policy Circular No. 09 (RE-2005)/2004-2009, Dated: 14.05.2005

Policy Circular No. 09 (RE-2005)/2004-2009 (14/06/2005)

Representations were received from Trade & Industry relating to admissibility of claims where GR form and BRC contain more than one name in the context of Para 3.2.6A (I) of Handbook of Procedures (Vol.1) 2002-07 and Para 3.2.5 (I) of Handbook of Procedures (Vol. 1) 2004-09....

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SEBI : Minimum Number of Investors in Scheme(s)/Plan(s) of Mutual Funds.

SEBI/IMD/CIR No.1/42529/05 (14/06/2005)

These guidelines are issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of regulation 77 of SEBI (Mutual Funds) Regulations, 1996, to protect the interests of investors in securities and to promote the development of, and to regulate the securities ...

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Notification No. 8 (RE-2005)/2004-2009, Dated: 13.06.2005

Notification No. 8 (RE-2005)/2004-2009 (13/06/2005)

In sub-paragraph 6.8(a) as amended vide Notification No. 2 dated 13th May, 2005, the third sentence viz “No DTA sale at concessional duty shall be permissible in respect of motor cars, alcoholic liquors, books, tea(except instant tea), pepper & pepper products, refrigeration unit/compacting/ micronisation /pulverization/ granulation/c...

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Public Notice No. 21 (RE-2005)/2004-2009, Dated: 13.06.2005

Public Notice No. 21 (RE-2005)/2004-2009 (13/06/2005)

Registering authority for SEZ units and SEZ developers, shall be the Development Commissioner of the SEZ concerned. A separate Registration-cum-Membership Certificate shall not be required in their cases as provided for in Paragraph 2.44 of the Policy except in case of spices. In case of spices, it would be mandatory for the units to get...

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Registering Authority for EOU/SEZ Units in respect import/export of spices

Policy Circular No. 8 (RE-2005)/2004-09 (13/06/2005)

It has been decided that in case of spices, it would be mandatory for the EOU/SEZ units to get themselves registered with the Spices Board. .Public Notice No.21 dated 13.6.05 has been issued in this connection. This will also be applicable to existing units in EOU/SEZ engaged in import/export of spices. This requirement should be strictly...

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Issuance of IEC Number to a Branch Office in India of a Foreign Company

Policy Circular No. 7 (RE-2005)/2004-2009 (13/06/2005)

It is hereby clarified that a Branch Office of a Foreign Company can be issued an IEC number provided the Branch Office in India has been opened with RBI permission under Foreign Exchange Management (Establishment in India of a branch or office or other place of business) Regulation 5 of Notification No. FEMA 22/2000-RB dated 3rd May, 200...

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Public Notice No. 20 (RE:2005)/2004-2009, Dated: 09.06.2005

Public Notice No. 20 (RE:2005)/2004-2009 (09/06/2005)

In the case of assorted and mixed consignments where both coated and uncoated paper have been used in the exported product, exporter shall declare the consignment as mixed / assorted consignment having used both coated and uncoated paper and can claim entitlements for coated paper not exceeding 20% of their total import quantity entitleme...

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Public Notice No. 19 (RE-2005)/2004-2009, Dated: 09.06.2005

Public Notice No. 19 (RE-2005)/2004-2009 (09/06/2005)

In exercise of the powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-2009 and paragraph 1.1 of the Handbook of Procedures (Vol.I), 2004-2009 , notified vide Public Notice No.1 dated 8th April, 2005, the Director General of Foreign Trade hereby makes the following amendments....

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Credit for TDS cannot be denied to deductee for non payment by deductor

Smt. Anusuya Alva vs Deputy Commissioner Of Income Tax (Karnataka High Court)

If we look at the scheme for the provision of deduction of tax at source, it becomes obvious that such person is acting on behalf of the Revenue, i.e.,as an agent of the Revenue. In fact, the person is enabled statutorily to make deduction and remit the amount to the Central Government, though in the instant case, the person who has deduc...

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Amends Notification No. 25/2005-Central Excise (N.T.), Dated: 13th May, 2005

Notification No. 30/2005-Central Excise (N.T.) (08/06/2005)

In exercise of the powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944 (1of 1944), the Central Board of Excise and Customs hereby makes the following amendments in the Notification No. 25/2005-Central Excise...

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Applicability of drawback on exports in CKD/SKD condition-regarding

Circular No. 26/2005-Customs Duty (08/06/2005)

The undersigned is directed to invite your attention to the above mentioned subject. It has been represented by the trade and industry that All Industry Rates of Duty Drawback as well as Brand Rates of duty drawback should be allowed on the export products even when they are exported in completely knocked-down (CKD) cond...

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Public Notice No. 18 (RE-2005)/2004-2009, Dated: 08.06.2005

Public Notice No. 18 (RE-2005)/2004-2009 (08/06/2005)

In exercise of the powers conferred under paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendment in the Public Notice No. 58 (RE –2004)/2002-2007, dated 7th March, 2005....

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Amends Notification No. 24/2005-Central Excise (N.T.), Dated 13th May, 2005

Notification No. 29/2005-Central Excise (N.T.) (08/06/2005)

In exercise of the powers conferred by sub- section (1B) of section 35B of the Central Excise Act, 1944 (1of 1944), the Central Board of Excise and Customs hereby makes the following amendments in the Notification No. 24/2005-Central Excise...

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Clarification regarding Para 9.53 (iv) of the Foreign Trade Policy

Policy Circular No. 6 (RE-2005)/2004-2009 (08/06/2005)

It is therefore clarified that words relating to exports actually means "relating to exports of services by service provider under GATT’s Agreement". It is reiterated that the provisioning of services; irrespective of import vessel and export vessel, that may have been serviced, is covered for benefits under this provision....

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Notification No. 47/2005-Customs (N.T.), dated; 08-06-2005

Notification No. 47/2005-Customs (N.T.) (08/06/2005)

For the purpose of this notification the expression "Commissioner of Central Excise (Appeals)" shall include "Commissioner of Central Excise (Appeals) empowered to act as Commissioner of Customs (Appeals) within their respective jurisdiction vide notification No. 18/2002-Cus (NT) dated 07th March, 2002....

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Notification No. 46/2005-Customs (N.T.), dated: 08-06-2005

Notification No. 46/2005-Customs (N.T.) (08/06/2005)

In exercise of the powers conferred by sub-section (1B) of section 129A of the Customs Act, 1962 (52 of 1962), the Board hereby makes the following amendments in the Notification No. 39/2005-Customs (N.T.) dated the 13th May, 2005 of the Government of India in the Ministry of Finance, Department of Revenue, namely....

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Notification No.162/2005 – Income Tax Dated 7/6/2005

Notification No.162/2005 - Income Tax (07/06/2005)

Notification No.162/2005 - Income Tax S.O……..In the notification of the Government of India, in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number S. O. 456(E), dated the 30th March, 2005 published at pages 1 to 39 of the Gazette of India, Extraordinary in Part II, section 3, sub-section (ii), date...

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Notification No.161/2005 – Income Tax Dated 7/6/2005

Notification No.161/2005 - Income Tax (07/06/2005)

Notification No.161/2005 - Income Tax S.O………In the notification of the Government of India, in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number S. O. 455(E), dated the 30th March, 2005 published at pages 1 to 35 of the Gazette of India, Extraordinary in Part II, section 3, sub-section (ii), dat...

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Notification No. 28/2005-ST, dated 07-06-2005

Notification No. 28/2005-Service Tax (07/06/2005)

Export of Services (Amendment) Rules, 2005 Date: 7th June, 2005 Notification No. 28/2005-Service Tax In exercise of the powers conferred by sub-sections (1) and (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules to amend the Export of Services Rules, 2005, namely :–    ...

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Notification No. 27/2005-ST, dated 07-06-2005

Notification No. 27/2005-Service Tax (07/06/2005)

Service Tax (Registration of Special Category of Persons) Rules, 2005 Date: 7th June, 2005 Notification No. 27/2005-Service Tax In exercise of the powers conferred by sub-sections (1) and (2)  of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules, namely:- 1. Short title and commence...

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Notification No. 26/2005-ST, dated 07-06-2005

Notification No. 26/2005-Service Tax (07/06/2005)

Specifies the following person or class of persons who shall make an application for registration under the provisions of the sub-section (2) of section 69 of the Finance Act, 1994 Date: 7th June, 2005 Notification No. 26/2005-Service Tax In exercise of the powers conferred by sub-section (2) of section 69 of the Finance Act, 1994 [&helli...

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Notification No. 25/2005-ST, dated 07-06-2005

Notification No. 25/2005-Service Tax (07/06/2005)

Exempts any taxable service provided to an individual by a service provider, where the said taxable services are received and consumed outside India, by such individual, not in the course or furtherance of commerce or industry or any other business Date: 7th June, 2005 Notification No. 25/2005-Service Tax In exercise of the powers conferr...

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Notification No. 24/2005-ST, dated 07-06-2005

Notification No. 24/2005-Service Tax (07/06/2005)

Amends notification No. 36/2004-Service Tax, dated the 31st December, 2004 Date: 7th June, 2005 Notification No. 24/2005-Service Tax In exercise of the powers conferred by sub-section (2) of section 68 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, [&...

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Notification No. 23/2005-Service Tax dated 7th June, 2005

Notification No. 23/2005-Service Tax (07/06/2005)

7th June, 2005 Notification No. 23/2005-Service Tax In exercise of the powers conferred by sub-sections (1) and (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.     (1) These rul...

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Anti-dumping duty on acrylonitrile butadiene rubber (NBR)

Notification No. 53/2005-Customs (07/06/2005)

Whereas, in the matter of import of acrylonitrile butadiene rubber (NBR) in bale form [excluding powder and carboxylated NBR] (hereinafter referred to as the subject goods), falling under heading 4002 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, European Union [excluding Germany], B...

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Notification No. 22/2005-ST, dated 07-06-2005

Notification No. 22/2005-Service Tax (07/06/2005)

Exempts the taxable services specified in sub-clauses (h), (i), (j), (zn), (zr), (zza), (zzg), (zzi) and (zzl) of clause (105) of section 65 of the Finance Act provided by a non-resident person outside India and consumed outside India, in the course of sailing of a ship subject to certain conditions Date: 7th June, 2005 Notification [&hel...

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Notification No. 21/2005-ST, dated 07-06-2005

Notification No. 21/2005-Service Tax (07/06/2005)

Exempts the taxable service of production or processing of goods for, or on behalf of, the client, referred to in sub-clause (v) of clause (19) of section 65 of the said Finance Act,  provided by a commercial concern, in the course of manufacture of (a) cut and polished diamonds and gem stones; or (b) plain […]...

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Notification No. 20/2005-ST, dated 07-06-2005

Notification No. 20/2005-Service Tax (07/06/2005)

Rescinds notification No. 6/2001-Service Tax, dated the 9th July, 2001, 7/2001-Service Tax, dated the 9th July, 2001, 11/2002-Service Tax, dated the 1st August, 2002, 18/2003-Service Tax, dated the 21st August, 2003. Date: 7th June, 2005 Notification No. 20/2005-Service Tax In exercise of the powers conferred by section 93 of the Finance ...

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Notification No. 19/2005-ST, dated 07-06-2005

Notification No. 19/2005-Service Tax (07/06/2005)

Amends notification numbers 13/2003-Service Tax, dated the 20th June, 2003, 14/2004-Service Tax, dated the 10th September, 2004, 15/2004-Service Tax, dated the 10th September, 2004, 24/2004-Service Tax, dated the 10th September, 2004, 8/2005-Service Tax, dated the 1st March, 2005 Date: 7th June, 2005 Notification No. 19/2005-Service Tax I...

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Notification No. 18/2005-ST, dated 07-06-2005

Notification No. 18/2005-Service Tax (07/06/2005)

Partially exempts the taxable service provided to any person by any other person, in relation to construction of complex Date: 7th June, 2005 Notification No. 18/2005-Service Tax G.S.R. 360(E)-In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the Finance ...

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Notification No. 17/2005-ST, dated 07-06-2005

Notification No. 17/2005-Service Tax (07/06/2005)

7th June, 2005 Notification No. 17/2005-Service Tax In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the Finance Act), the Central Government, on being satisfied that it is necessary in the public interest so to do,  hereby exempts the site […]...

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Notification No.16/2005-ST, dated 07-06-2005

Notification No. 16/2005-Service Tax (07/06/2005)

7th June, 2005 Notification No. 16/2005-Service Tax In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the Finance Act), the Central Government, on being satisfied that it is necessary in the public interest so to do,  hereby exempts the commercial [&hell...

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Notification No.15/2005-ST, dated 07-06-2005

Notification No. 15/2005-Service Tax (07/06/2005)

7th June, 2005 Notification No. 15/2005-Service Tax In exercise of the powers conferred by clause (a) and clause (b) of section 88 of the Finance Act, 2005 (18 of 2005), the Central Government hereby appoints the 16th day of June, 2005 as the date on which the provisions of the said clauses of the said […]...

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‘Fringe Benefit Tax’–ambiguities and doubts resolved

The Finance Act, 2005, has inserted in the Income-Tax Act, 1961(the Act), a new Chapter XII-H. This chapter deals with a new tax known as, ‘Fringe Benefit Tax’ (FBT) and it contains Sections 115W to 115WL. Chapter XII-H has come into effect from 1.4.2006 viz. assessment year (AY) 2006-07, relevant to the financial year (FY) 2005-06....

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Posted Under: DGFT |

Public Notice No. 17 (RE-05)/2004-2009, Dated: 07.06.2005

Public Notice No. 17 (RE-05)/2004-2009 (07/06/2005)

The licensing authority may also issue Advance licences, where SION are not fixed, based on self declaration and an undertaking by the applicant for a final adjustment as per Adhoc/SION fixed by ALC....

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CENVAT Credit (Eighth Amendment) Rules, 2005

Notification No. 28/2005-Central Excise (N.T.) (07/06/2005)

The input service distributor, shall furnish a half yearly return in such form as may be specified, by notification, by the Board, giving the details of credit received and distributed during the said half year to the jurisdictional Superintendent of Central Excise, not later than the last day of the month following the half year period....

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SEBI : (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) (Amendment) Regulations, 2005

Notification No. S.O. 779(E) (06/06/2005)

In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India ...

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Amends Notification No.15/2002-Customs (N.T.), dated: 7th March, 2002

Notification No. 45/2005-Customs (N.T.) (06/06/2005)

In exercise of the powers conferred by sub-section (1) of section 4 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.15/2002-Customs (N.T.), dated the 7th March, 2...

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Amends Notification No.12/97-Customs (N.T.), dated: 02.04.1997

Notification No. 44/2005-Customs (N.T.) (06/06/2005)

In exercise of the powers conferred by clause (aa) of sub-section (1) read with sub-section (2) of section 7 of the Customs Act, 1962( 52of 1962), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.12/97...

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Amends Notification No.12/97-Customs (N.T.), dated: 02.04.1997

Notification No. 43/2005-Customs (N.T.) (06/06/2005)

In exercise of the powers conferred by clause (aa) of sub-section (1) read with sub-section (2) of section 7 of the Customs Act, 1962( 52of 1962), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.12/97...

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Testing of goods exported under Drawback/DEEC/Pass Book Scheme

Circural No. 25/2005-Customs Duty (06/06/2005)

Representations have been received from the trade that ISO 9001, ISO 9002 and ISO 9003 are identical specifications under the series ISO 9000 and therefore, a manufacturer-exporter who has been awarded with any of the ISO 9000 series certification should be extended the facility at par with those awarded with any of the ISO 9002 series ce...

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Notification No. 7 (RE-2005)/2004-2009, Dated: 04.06.2005

Notification No. 7 (RE-2005)/2004-2009 (04/06/2005)

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy, 2004-2009, as amended, the Central Government hereby makes the following amendments in the Foreign Trade Policy, 2004-2009 (issued on 01.09.2004)....

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Notification No. 6 (RE-2005)/2004-2009, Dated: 04.06.2005

Notification No. 6 (RE-2005)/2004-2009 (04/06/2005)

It shall be necessary that the FOB value of exports (including the exports under Note 1 & Note 6 above) during the licensing year 2003-04 does not fall below the FOB value of exports (including the exports under Note 1 & Note 6 above) in the previous licensing year....

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Notification No. 6 (RE-2005)/2004-2009 Dated: 04.06.2005

Notification No. 6 (RE-2005)/2004-2009 (04/06/2005)

Note 8: CENVAT/Drawback: Additional Customs duty/excise duty paid in cash or through debit under the DFCE entitlement certificate shall be adjusted as CENVAT credit or Duty Drawback as per rules framed by the Department of Revenue....

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Public Notice No. 16 (RE-2005)/2004-09, Dated: 04.06.2005

Public Notice No. 16 (RE-2005)/2004-09 (04/06/2005)

Para 3.2.5 (IX) is added as under: “Applicants shall file the applications in Appendix 17D to the jurisdictional Zonal Office (Mumbai, Kolkata, Chennai, Delhi CLA) depending upon the location of Registered Office / head Office of the applicant. The respective Zonal offices shall consider the applications and issue the license or otherwi...

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Public Notice No. 15 (RE-2005)/2004-09, Dated: 04.06.2005

Public Notice No. 15 (RE-2005)/2004-09 (04/06/2005)

The fourth Paragraph of Para 3.2.5 is replaced by: “Applicants shall file the applications by 31st December 2005 in Appendix 17D to the jurisdictional Zonal Office (Mumbai, Kolkata, Chennai, Delhi CLA) depending upon the location of Registered Office / Head Office of the applicant. The respective Zonal offices shall consider the applica...

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Circular No. 3/2005-Income Tax Dated 3-6-2005

Circular No. 3/2005-Income Tax (03/06/2005)

Circular No. 3/2005-Income Tax The Finance Act, 2005 (hereafter referred to as ‘Act’) has introduced a new levy, namely, the Banking Cash Transaction Tax (hereafter referred to as BCTT) on certain banking transactions. The provisions relating to levy of this tax are contained in Chapter VII (sections 93 to 112) of the Act. Section 11...

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Notification No. 52/2005-Customs, dated 02.06.2005

Notification No. 52/2005-Customs (02/06/2005)

Whereas on the basis of the aforesaid findings of the designated authority, the Central Government had imposed an anti-dumping duty on Vitamin AD3 500/100 vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No.53/2002-Customs, dated the 21st May, 2002, published in the Gazette of India, Extraor...

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Notification No.160/2005 – Income Tax Dated 1/6/2005

Notification No.160/2005 - Income Tax (01/06/2005)

Notification No.160/2005 - 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, 1962, namely...

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Notification No.159/2005 – Income Tax Dated 1/6/2005

Notification No.159/2005 - Income Tax (01/06/2005)

Notification No.159/2005 - 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, 1962, namely...

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