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Archive: 11 March 2008

Posts in 11 March 2008

Free Webinar: Analysis of 10 Recent Income Tax Judgments in Favour of Assessee

July 1, 2024 2166 Views 0 comment Print

Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.

Notification No. 83 (RE-2007)/2004-2009, Dated: 11.03.2008

March 11, 2008 232 Views 0 comment Print

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby deletes with immediate effect Paragraph 2.4 of Notification No. 38 (RE-2007)/2004-2009 dated 15.10.2007 as amended from time to time, which was inserted vide Notification No. 46 (RE-2007)/2004-2009 dated 2.11.2007.

Notification No. 16/2008 – Service Tax, dated 11-03-2008

March 11, 2008 517 Views 0 comment Print

New Delhi, the Date: 11th March, 2008 In exercise of the powers conferred by section 83A of the Finance Act, 1994 (32 of 1994), the Central Board of Excise and Customs hereby makes the following amendment in the notification of the Government of India, Ministry of Finance, Department of Revenue, No.30/2005-Service Tax, dated 10th August, 2005, published vide No. G.S.R. 527(E), dated the 10th

Circular No.99/2/2008-ST dated 11th March, 2008

March 11, 2008 1192 Views 0 comment Print

The undersigned is directed to refer to para 12.2 of the Circular No. 97/8/2007-ST dated the 23rd August, 2007, which prescribes monetary limits of Central Excise Officers at various levels for adjudicating of cases under section 83A of the Finance Act, 1994, for adjudging a penalty under the provisions of the said Act or the rules made there under

Notification No. 33/2008 – Customs, dated 11-03-2008

March 11, 2008 334 Views 0 comment Print

For the purposes of this notification, “rate of exchange” applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by Section 14 of the Customs Act 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.

SEBI : Instructions to registered Merchant Bankers

March 11, 2008 469 Views 0 comment Print

Instead of Issuer Company, the Merchant Bankers shall respond to the complainant directly after independently examining the matter and exercising the due diligence.

SEBI : Managing Director/Executive Directorof Derivative Segment of NSE & BSE and their Clearing House / Corporation.

March 11, 2008 310 Views 0 comment Print

In addition to the above, the Exchanges are also advised to send complete bio-data of members of the respective committees highlighting necessary professional competence and experience in the areas related to securities / derivatives markets.

Intel Design Systems (India) P. Ltd Vs. Commissioner of Customs & Central Excise (Supreme Court)

March 11, 2008 1903 Views 0 comment Print

As per the Explanatory Notes to HSN the parts falling under Chapter Heading 8710 would be covered under the said chapter, provided they fulfill both the conditions i.e. they must be identifiable as being suitable for use solely or principally for such vehicles and that they must not be excluded by the provisions of Notes to Section XVII. The identifiable parts under the said heading bodies of armoured vehicles and parts thereof, cover special road wheels for armoured cars, propulsion wheels for tanks, tracts etc.

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