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Based on the aforesaid certificate issued by Customs, the concerned Regional Authority shall issue fresh SFIS/VKGUY scrip for 98% of the credit amount for the same port of registration and the validity of the SFIS/VKGUY scrip so issued shall be for a period equivalent to the balance period available in the earlier SFIS/VKGUY scrip on the date of import of such defective/unfit for use goods.
The principal notification No.8/2003-Central Excise, dated the 1st March, 2003, was published in the Gazette of India, Extraordinary, vide number G.S.R. 138(E), dated the 1st March, 2003 and was last amended by notification No.8/2006-Central Excise, dated the 1st March, 2006 [G.S.R. 98(E), dated the 1st March, 2006] which was subsequently amended by notification No. 27/2006-Central Excise, dated the 30.3.2006 [G.S.R.188(E), dated the 30th March, 2006
Notification No. 208-Income Tax In exercise of the powers conferred by section 295 read with section 44AB 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:– (1) These rules may be called the Income-tax (Ninth Amendment) Rules, 2006.
