These instructions may be brought to the notice of the trade by issuing suitable Trade/Public Notices. Suitable Standing orders/instructions may be issued for the guidance of the assessing officers. Difficulties faced, if any in implementation of the Circular may please be brought to the notice of the Board at an early date.
National Academy of Direct Taxes (NADT) and National Academy of Customs, Excise & Narcotics (NACEN) shall develo0p and organize training programmes to train officers of the two Departments on Transfer Pricing as recommended in foregoing para (c).
In exercise of the powers conferred by section 11 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 135/1960-Customs, dated the 31st December,1960, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R.1540, dated the 31st December,1960, except as respects things done or omitted to be done before such supersession.
In exercise of the powers conferred by section 11 of the Customs Act, 1962 ( 52 of 1962) ,the Central Government, being satisfied that it is necessary in the public interest so to do, for the purposes specified in clauses (n) and (u) of sub-section (2) of that section, hereby prohibits the import of the following goods, subject to following of conditions and procedures as specified in the Intellectual Property Rights (Imported Goods) Enforcement Rules,2007, namely.
The notification No 1/64-Customs dated the 18th January, 1964 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide GSR 87 dated the 18th January, 1964 and was amended by notification No 61/2000-Customs (NT) dated the 10th October,2000 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) dated the 10th October,2000.
The Deputy Commissioner of Customs or Assistant Commissioner of Customs , as the case may be, may on his own, or at the request of the right holder, retain samples of goods infringing intellectual property rights prior to their destruction or disposal and provide the same to the right holder or importer if such samples are needed as evidence in pending or future litigations.
