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.
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 5 of the Handbook of Procedures.
In the said notification, in paragraph 2, for the words, and figures, “for a period of five years with effect from the date of imposition of provisional anti-dumping duty, i.e. the 27th day of January, 2000, and shall be paid in Indian currency”, the following shall be substituted, namely.
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 of National Foundation of India, New Delhi for the purpose of the said sub-clause for the assessment years 2002-03 to 2004-05 subject to the following conditions
There are lot of ambiguities in the provisions of fringe benefit tax (FBT), which have been newly introduced in the Income-Tax Act, 1961 (the Act), vide the Finance Act, 2005. Therefore, tax-payers were expecting that the explanatory notes in respect of the aforesaid provisions, to be issued by the Central Board of Direct Taxes (CBDT), would clear up the uncertainties and ambiguities, etc., which have crept there into
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government on being satisfied that it is necessary in the public interest to do so, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.55/2001-Customs, dated the 16th May,2001, which was published in the Gazette of India, Extraordinary, vide number G.S.R.360(E), dated the 16th May,2001, namely.
Attention is invited to Public Notice No.47(RE-2005) /2004-2009 dated 2.9.2005 vide which additional items in the nature of Minor Forest Produce and their value added products were notified for benefits under Vishesh Krishi Upaj Yojana. The list includes the entry at Sl.No.526 which reads as under.
Whereas, in the matter of import of Potassium Permanganate, falling under sub heading No. 2841 61 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from People’s Republic of China, (hereinafter referred to as “P.R. of China”) Chinese Taipei and Hong Kong, the designated authority, vide its final findings published in the Gazette of India, Extraordinary I, Section 1, dated the 10th September, 2001.
Attention is invited to EXIM Code 8415 indicated in Schedule-I (Imports) of ITC (HS) Classifications of Export & Import Items, 2004-2009 vide which the item “Air Conditioner” is freely importable. However, in case of import of Air Conditioners filled with HCFC 22 (R-22) Gas, Customs have been raising objections and asking the exporters to produce import license.
Only projects having a minimum investment of Rs. 1 Crore in Plant & Machinery shall be considered for establishment as EOUs under the scheme. This shall, however, not apply to existing units and units in EHTP/STP/BTP, Handicrafts/ Agriculture/ Floriculture/ Aquaculture/ Animal Husbandry /Information Technology, Services.
