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Archive: April, 2008

Posts in April, 2008

Exemption specified goods when imported from Bangladesh through Dhaka- Darsana- Gede- Kolkata route

April 23, 2008 460 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in column (2) of the Table below when imported into India from Bangladesh through Dhaka- Darsana- Gede- Kolkata route, from whole of the duty of customs leviable thereon under the First Schedule to the Customs tariff Act, 1975 (51 of 1975) and whole of the additional duty leviable under section 3 of the said Customs Tariff Act subject to the conditions specified in column (3) thereof, namely

Voluntary Filing of MVAT E-returns and continuation of 10days Grace

April 23, 2008 883 Views 0 comment Print

A large number of representations have been received from dealers who are not covered by the Notification for filing of e_Return. These dealers made a request and shown their willingness for filing e_Return even though it is not mandatory for them to file e-Return. It is the endeavor of the department to encourage the filing of e_return. Therefore, the request of these dealers is accepted and they were allowed to file e_Return.

Public Notice No. 07 (RE-2008)/2004-09, Dated: 22.04.2008

April 22, 2008 532 Views 0 comment Print

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-09, as notified in the Gazette of India extraordinary Part II, Section 3, Sub section (ii) as amended from time to time and in supersession of Public Notice No. 69 (RE- 2006) dated 21.11.2006 and Public Notice No. 13 (RE-2007) dated 02.07.2007.

Re-constitution of National Advisory Committee on Accounting Standards

April 22, 2008 370 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of Section 210A of the Companies Act, 1956 (1 of 1956), the Central Government hereby constitutes an Advisory Committee to be called the National Advisory Committee on Accounting Standards, consisting of the following persons to advise the Central Government on the formulation and laying down of accounting policies and accounting standards for adoption by companies or class of companies under the said Act,

Amends Notification No.26/2000-Customs dated the 1st March, 2000

April 22, 2008 970 Views 0 comment Print

The principal notification No. 26/2000-Customs, dated the 1st March, 2000, was published in the Gazette of India, Extraordinary, vide G.S.R.178(E) dated the 1st March, 2000 and was last amended by notification No. 3/2007-Customs, dated the 5th January, 2007 published vide G.S.R. No. 11 (E), dated the 5th January, 2007.

Public Notice No. 06 (RE-2008)/2004-2009, Dated: 21.04.2008

April 21, 2008 529 Views 0 comment Print

In exercise of power conferred under paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendment in Appendix 4-C (List of agencies authorized to issue Certificate of Origin Non-Preferential ) of the Handbook of Procedure.

Exemption to goods imported into India from Bangladesh under SAFTA

April 21, 2008 6121 Views 0 comment Print

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 Bangladesh, in accordance with the Rules of Determination of Origin of Goods under the Agreement on South Asian Free Trade Area (SAFTA), published in the notification of the Government of India in the Ministry of Finance (Department Revenue) No. 75/2006-Customs, (NT) dated the 30th June,2006.

Amends Notification No. 147/2003-Customs Duty, dated 7th October, 2003

April 21, 2008 934 Views 0 comment Print

therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the said Act and in pursuance of rule 23 of the said rules, the Central Government hereby makes the following amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 147/2003-Customs, dated the 7th October, 2003, published in the Gazette of India vide number G.S.R. 793(E), dated the 7th October, 2003, namely.

SMS Based Service for PAN and TAN Application Status

April 19, 2008 729 Views 0 comment Print

The applicant can send an SMS to 53030 with a message containing the word PAN followed by a space and the 15-digit acknowledgment number provided at the time of submission of application i.e., PAN ACKNOWLEDGMENT NUMBER (e.g., PAN 123456789012345 – this is an illustrative acknowledgment number. Actual acknowledgment number should be provided in the SMS).

Service Tax – sale of constructed houses – liable to pay Service Tax under ‘construction service’ and not under ‘works contract’ : Advance Ruling

April 18, 2008 645 Views 0 comment Print

Whether the activity of booking the residential units to be undertaken by the applicant is a taxable service liable to Service Tax under the provisions of section 65 (105) of the Finance Act, 1994? Whether the applicant is liable to service tax under section 65 (105) (zzzh) of the Finance Act, 1994 under the notified taxable service of construction of Complex?

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