Notification No.156/2005 – Income Tax In exercise of the powers conferred by sub-section (1), read with sub-section (2) of section 111 of the Finance Act, 2005 (18 of 2005), the Central Government hereby makes the following rules for carrying out the provisions of Chapter VII of the said Act relating to banking cash transaction tax, namely
Pending the finalisation of Single Common Document(SCD)for international trade, the Government Departments dealing with exports and imports will honour the permission/license/certificate issued by the other Government departments based on the verification of the export documents Like shipping bill, bank realization certificate, Packing list, bill of lading etc .and will not insist upon fresh submission of these documents.
In cases where the remaining original export obligation period (and not the extended export obligation period) of the EPCG licence is less than two years on the date of application for refixation, and the mandated (original or amended, as the case may be) block-wise export obligation has been fulfilled, the export obligation would be refixed at two times the duty saved on the date of issuance of licence.
Notification No.155/2005 – Income Tax In exercise of the powers conferred by sub-clause (vii) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Tax Free Municipal Bonds for an amount of rupees one hundred crores only to be issued by “Karnataka Water and Sanitation Pooled Fund Trust, Karnataka” during the financial year 2005-2006 for the purpose of the
whereas on the basis of the aforesaid findings of the designated authority, the Central Government had imposed an anti-dumping duty on Sodium Nitrite vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 34/2002-Customs, dated the 28th March, 2002.
All eligible entities desiring availment of the quota as mentioned above, may make application to Exim Facilitation Committee (EFC) in the Aayaat-Niryaat Form of the Handbook of Procedures in the office of Directorate General of Foreign Trade(DGFT), Udyog Bhawan, New Delhi-110011. The completed application forms along with the required/prescribed documents must reach this office on or before 30th June of each financial year.
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.35/2005-NT-Customs, dated the 26th April, 2005 [S.O.578(E), dated the 26th April, 2005], the Board hereby determines for the purposes of said section relating to export goods, that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st June, 2005, be the rate mentioned against it in the corresponding entry in column (3) thereof.
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.34/2005-NT-Customs, dated the 26th April, 2005 [S.O.577 (E) dated the 26th April, 2005], the Board hereby determines for the purposes of said section, relating to imported goods, that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st June, 2005.
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY (PART-I, SECTION-1) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY PUBLIC NOTICE NO. 12 (RE-2005)/2004-2009 NEW DELHI : DATED 26 May, 2005 In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-2009 and Paragraph 1.1 of the Handbook of procedures (Vol.I), the […]
Public Notice No. 11/2005 adds Geo Chem Laboratories Pvt. Ltd., Mumbai, to Appendix 5 of the Foreign Trade Policy, expanding the list of authorized trade entities.
