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Archive: 05 December 2007

Posts in 05 December 2007

Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961

February 13, 2025 1989 Views 0 comment Print

Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.

Appropriate authority for sanction and disbursement of drawback claims on supplies made by DTA units to units located in SEZ-regard

December 5, 2007 2371 Views 0 comment Print

A suitable Public Notice for information of the trade and Standing Order for guidance of the staff may be issued. Difficulties faced, if any, in implementation of this Circular may be brought to the notice of the Board.

Public Notice No. 88 (RE-2007)/2004-2009, Dated: 05.12.2007

December 5, 2007 469 Views 0 comment Print

In the statement of Standard Input Output Norms (SION) as contained in the Handbook of Procedures (Vol.2), 2004-2009, as amended from time to time, amendments/corrections at appropriate places as mentioned in ANNEXURE “A” (Pages 2-3 ) to this Public Notice are made.

Norms Committee-Para 4.7 cases Guidelines

December 5, 2007 2809 Views 0 comment Print

A SION exists and an application under Para 4.7 is made for higher quantity of imported inputs (than the same fixed under SION), such requests can be entertained for SION revision only. That is, such applications cannot be considered under HBPv1 – 4.7 for adhoc norms, and AA in such cases must be issued only as per the then prevailing SION

Notification No. 118/2007-Customs Duty (N.T.), Dated: 05.12.2007

December 5, 2007 292 Views 0 comment Print

The principal notification No.68/2007-Customs(N.T.) was published in the Gazette of India vide number G.S.R. 485(E), dated the 16th July, 2007.

Amends Notification No.68/2007-Customs (N.T.), Dated: 16.07.2007 regarding drawback

December 5, 2007 1063 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 (52 of 1962), sub-section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A and sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994) read with rules 3 and 4 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995.

Circular No. 8/2007-Income Tax Dated 5-12-2007

December 5, 2007 754 Views 0 comment Print

Circular No. 8 of 2007-Income Tax Reference is invited to Circular No. 11/2006, dated 16-11-2006 whereby the rates of deduction of income-tax from the payment of income under the head “Salaries” under section 192 of the Income-tax Act, 1961, during the financial year 2006-07, were intimated. The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head

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