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Archive: 31 August 2005

Posts in 31 August 2005

Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961

February 14, 2025 3861 Views 0 comment Print

Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.

Public Notice No. 46 (RE-2005)/2004-2009, Dated: 31.08.2005

August 31, 2005 172 Views 0 comment Print

Public Notice No. 46 (RE-2005) revises the jurisdiction of the KASEZ Development Commissioner, covering Kutch, Kandla, Surat SEZs, and Gujarat-based EOUs.

Public Notice No. 45 (RE-2005)/2004-2009, Dated: 31.08.2005

August 31, 2005 295 Views 0 comment Print

Segregation Activities are not covered under the definition of “Manufacture” w.e.f. 1.4.2002. This activity will, however be allowed to continue in respect of units set up prior to 1.4.2002 for a period of 5 years from the date of commencement of commercial production. The necessary inputs would also be allowed with exemption benefits as per the existing policy. However, the facility of DTA sale under para 6.8 or 6.9 of Foreign Trade Policy shall not be allowed.

Clarification on admissibility of Vishesh Krishi Upaj Yojana benefits to Export Oriented Units (EOUs)

August 31, 2005 337 Views 0 comment Print

Representations have been received seeking clarification on admissibility of Vishesh Krishi Upaj Yojana benefits to Export Oriented Units (EOUs). It is clarified that EOUs are eligible for benefits under Vishesh Krishi Upaj Yojana for physical exports made by them at par with such exports made by DTA units, in respect of items appearing in Appendix – 37A of Handbook of Procedures 2004-09.

Notification No. 25 (RE-2005)/2004-2009, Dated: 31.08.2005

August 31, 2005 211 Views 0 comment Print

Only projects having a minimum investment of Rs.1 crore in plant and machinery shall be considered for establishment as EOUs under the Scheme. This shall, however, not apply to existing units in EHTP/STP/BTP, Handicrafts/Agriculture/ Floriculture/Aquaculture/Animal Husbandry/ Information Technology, Services, Brass Hardware and Handmade jewellery sectors.

Notification No. 24 (RE-2005)/2004-2009, Dated: 31.08.2005

August 31, 2005 178 Views 0 comment Print

EOU/EHTP/STP/BTP units may sell finished products except Pepper & Pepper products and Marble, which are freely importable under he Policy in the DTA under intimation to the Development Commissioner against payment of full duties provided they have achieved the positive NFE.

Notification No. 23 (RE-2005)/2004-09, Dated: 31.08.2005

August 31, 2005 391 Views 0 comment Print

Notification No. 23 (RE-2005) revises marble import policies, with new restrictions and conditions based on CIF values for certain marble products.

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