"June, 2007" Archive

Notification No. 68/2006-Customs Duty, Dated: 30th, June, 2007

Notification No. 68/2006-Customs 30/06/2006

Provided that the importer proves to the satisfaction of the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be, that the goods in respect of which the benefit of this exemption is claimed are of the origin of the country listed in the said APPENDIX I or APPENDIX II, as the case may be, in accordance...

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Notification No. 80/2007-Customs Duty, Dated: 29.06.2007

Notification No. 80/2007-Customs 29/06/2007

The principal notification No. 68/2006-Customs, dated the 30th June 2006 was published in the Gazette of India, Extraordinary, vide number G.S.R.394 (E), dated the 30th June, 2006 and was last amended by notification No.141/2006-Customs, dated the 30th December, 2006 which was published in the Gazette of India, Extraordinary, vide number ...

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Seeks to amend 67/2006-Customs dated 30th June 2007 to deepen concessions available for SAARC member states under SAFTA

Notification No. 79/2007-Customs 29/06/2007

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of R...

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Anti dumping duty on import of Compact Discs-Recordable (CD-Rs)

Notification No. 78/2007-Customs 29/06/2007

Whereas, in the matter of import of Acetone (hereinafter referred to as the subject goods), falling under tariff item 2914 11 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, European Union, Chinese Taipei, Singapore, South Africa and the United States of America (hereinafter referre...

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Know all about Letter of Credit (LC)

Letters of credit are commonly used to reduce credit risk to sellers in both domestic and international sales arrangements. By having a bank issue a letter of credit, in essence, one is substituting the bank's credit worthiness for that of the customer....

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Posted Under: Custom Duty |

Circular No. 23/2007-Customs Duty, Dated: 28.06.2007

Circular No. 23/2007-Customs Duty 28/06/2007

All field formations are requested to take note of the charter of functions of RMD and the creation of NRM / LRM Committees for effective implementation of the Risk Management System. The above instructions may be brought to the notice of all concerned. ...

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Bharat Box Factory Ltd. Versus Commissioner Of C. Ex., Jammu

Bharat Box Factory Ltd. Vs Commissioner Of C. Ex., Jammu [CESTAT, Principal Bench, New Delhi (Circuit Bench At Srinagar)]

The claim of the appellants for refund of Education Cess was based on the Notification bearing no. 56/2002, dated 14-11-2002, which provided for exemption to the goods specified in the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (other than the goods specified in Annexure I to the Notification), from so m...

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CBDT’s Circular No.4/2007 – Does not serve the intended purpose

In order to understand the implications of the aforesaid Circular in the correct perspective, it would be necessary to understand the meaning of certain terms as provided under section 2 of the Income-Tax Act, 1961 (the Act). The same are discussed...

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Posted Under: Custom Duty |

Public Notice No. 12 (RE-2007)/2004-2009, Dated: 27.06.2007

Public Notice No. 12 (RE-2007)/2004-2009 27/06/2007

Indian Rupee Value of the special currency Basket for the purposes of deferred payments contracts entered into under the Deferred Payments Protocol dated the 30th April, 1981 for the period 1.1.81 to 31.12.85 and the Deferred payments protocol dated 23rd December, 1985 for the period 1.1.1986 to 31.12.90 between the Government of India an...

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Amends in notification No. 62/94 Customs Duty (N.T.), Dated: 21st November, 1994

Notification No. 66/2007-Customs (N.T.) 27/06/2007

The principal notification was published in the Gazette of India, vide number S.O. 829 (E), dated the 21st November, 1994 and was last amended vide number S.O. 1266(E), dated the 08th August, 2006....

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