The principal rules were published vide notification No. 37/95-CUSTOMS & CENTRAL EXCISES (N.T.), dated the 26th May, 1995, G.S.R.441(E), dated the 26th May, 1995, and was last amended vide notification No. 10/2006-CUSTOMS (N.T.), dated the 15th February, 2006, G.S.R. 64 (E), dated the 15th February, 2006.
Like the previous year, the drawback rates have been determined on the basis of certain broad parameters including, inter alia, the prevailing prices of inputs, standard input/ output norms (SION) published by DGFT, share of imports in the total consumption of inputs and the applied rates of duty. As education cess is being collected as duties of excise/customs, the element of education cess has been factored in the drawback rates. The incidence of duty on HSD/Furnace Oil has also been factored in the drawback calculation.
Enclosed please find a copy of the gazette notification no. S.O.948 (E) dated June 26, 2006 pertaining to SEBI (Foreign Institutional Investors) (Amendment) Regulations 2006 for your information and necessary action.
communicate to SEBI, the status of the implementation of the provisions of this circular in Section II, item no. 13 of the Monthly Development Report for the month of August, 2006.
Notification No. 177-Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for Industrial Park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy
Notification No. 176-Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961(43 of 1961)(hereinafter referred to as the said Act), has framed and notified a scheme for Industrial Park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy
Notification No. 175-Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for Industrial Park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy
In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 4A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance.
The principal notification No.36/2005-CUSTOMS(N.T.) was published vide number G.S.R.267(E), dated the 2nd May, 2005 and was subsequently amended vide notification No.102/2005-CUSTOMS(N.T.) dated 18th November,2005 vide number G.S.R.675(E), dated the 18th November,2005 .
Notification No. 174-Income Tax In partial modification of Ministry of Finance, Department of Revenue, Government of India, Notification No. 44/2006 dated 30th March, 2006 (F. NO.203/34/2004/ITA.II) the period for which approval has been granted under section 35(1)(iii) of the Income-tax Act, 1961, should be read as 1-4-2003 to 31-3-2006 instead of 1-4-2004 to 31-3-2007.
