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Archive: March, 2006

Posts in March, 2006

Public Notice No. 95 (RE-2005)/2004-2009, Dated: 30.03.2006

March 30, 2006 289 Views 0 comment Print

Manufacturer Exporters should submit a copy of Legal Procurement Certificate(s)/Certificate of Origin issued in their name by Principal Chief Conservator of Forests of the concerned State stating that Exporter/s himself / themselves have purchased Sandalwood (Oil Classes i.e. Root Classes & Ainchilta) in the auction conducted by the State Government in the format as prescribed at Annexure I to this Public Notice.

SEBI : Review of time limit for updating NAV on AMFI website

March 29, 2006 748 Views 0 comment Print

Mutual Funds shall report in the bi-monthly Compliance Test Reports (CTRs) the number of days when mutual funds were not able to adhere to the above mentioned time limit for uploading their NAVs on the AMFI website with reasons thereof and the corrective action taken by the AMC to reduce the number of such occurrences.

Imposing provisional anti-dumping duty on nylon filament yarn

March 29, 2006 565 Views 0 comment Print

(i) the subject goods have been exported to India from the subject countries below their normal value; (ii) the domestic industry has suffered material injury; (iii) the injury has been caused cumulatively by the dumped imports from subject countries.

Circular No. 4/2006-Income Tax Dated 29-3-2006

March 29, 2006 1640 Views 0 comment Print

Circular No. 4 of 2006-Income Tax Disallowance of twenty percent of the expenditure under the provisions of sub-section (3) of section 40A is made in the computation of income in any case where a payment is made otherwise than by a crossed cheque drawn on a bank or by a crossed bank draft for a sum exceeding twenty thousand rupees.

Concessional duty on findings, mountings of gold

March 29, 2006 745 Views 0 comment Print

In view of the above, it is hereby clarified by the Board that the findings and mountings of gold and silver are covered under the scope of serial no. 2 and 3 respectively, of the notification No. 62/04-customs dated 12.5.2004 and the concessional import duty may be extended to these items.

Notification No. 85/2006 ,Dated: 28.03.2006

March 28, 2006 523 Views 0 comment Print

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 Institution and separate books of account are maintained in respect of such business

Notification No. 84/2006, Dated : 28.03.2006

March 28, 2006 370 Views 0 comment Print

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 Institution and separate books of account are maintained in respect of such business

Rate of exchange of conversion for exported goods w.e.f. 01.04.2006

March 28, 2006 373 Views 0 comment Print

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.17/2006-NT-Customs, dated the 23rd February, 2006 [S.O.243(E), dated the 23rd February, 2006.

The rate of exchange of conversion for imported goods w.e.f. 01.04.2006

March 28, 2006 490 Views 0 comment Print

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.16/2006-NT-Customs, dated the 23rd February, 2006.

Notification No. 55 (RE-2005 )/2004-2009, Dated: 27.03.2006

March 27, 2006 388 Views 0 comment Print

Notification No. 55 allows export of 885.14 MT of Red Sanders logs from Andhra Pradesh for two months, starting March 7, 2006, under relaxed export conditions.

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