"09 December 2009" Archive

Notification No. 136/2009-Custom Duty, Dated: 09.12.2009

Notification No. 136/2009-Customs 09/12/2009

For the purposes of this notification, "rate of exchange" applicable for the purposes of calculation of 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 sub-clause (i) ...

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Anti dumping duty on Cathode Ray Colour Television Picture Tubes

Notification No. 135/2009-Customs 09/12/2009

Whereas, in the matter of import of Cathode Ray Colour Television Picture Tubes (hereinafter referred to as the subject goods), falling under sub-heading 8540 11 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from, Indonesia (hereinafter referred to as the subject country), the designated au...

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Notification No. 134/2009 Custom Duty, Dated: 09.12.2009

Notification No. 134/2009-Customs 09/12/2009

The Principal notification No. 117/2004-Customs, dated the 30th December, 2004, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 844(E), dated the 30th December, 2004....

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Notification No. 133/2009 Custom Duty, Dated: 09.12.2009

Notification No. 133/2009-Customs 09/12/2009

Although the production capacity, production, and sales of the domestic industry have gone up and the profitability has become less negative during the POI vis-a-vis the base year, significant increase in import volumes at dumped prices has resulted in substantial price undercutting and price suppression. The situation of domestic industr...

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Public Notice No. 25/2009-2014, Dated: 09.12.2009

Public Notice No. 25/2009-2014 09/12/2009

In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures....

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Johnny and Service Tax Refund Part – VII

In continuation of previous articles, elaborating the difficulties in getting the refund claim under different services, we in this article are unveiling the problems existing in the Service tax refund mechanism under Services of purchase or sale of foreign currency, including money changing provided to an exporter in relation to export g...

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Posted Under: Custom Duty |

List of Terrorist Individuals/Organisations – under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation

DBOD. AML. No.10250 /14.06.058/2009-10 09/12/2009

Please refer to our circular letter DBOD.AML.No.8299/14.06.057/2009-10 dated November 11, 2009. We have since received from Government of India (Ministry of External Affairs) copy of note dated December 3, 2009 from the Chairman of UN Security Council's 1267 Committee regarding changes made in the Consolidated List of Individuals and ent...

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RBI Circular No. 19/2009 on External Commercial Borrowings (ECB) Policy

A.P. (DIR Series) Circular No.19 09/12/2009

Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to the A.P. (DIR Series) Circular No. 46 dated January 2, 2009, A.P. (DIR Series) Circular No. 64 dated April 28, 2009 and A.P. (DIR Series) Circular No. 71 dated June 30, 2009 relating to External Commercial Borrowings (ECB)....

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Expenditure on convertible debentures held to be deductible

CIT Vs. Secure Meters Ltd. (Supreme Court of India)

Secure Meters Ltd. („the assessee?) is engaged in the business of manufacture of energy meters. The Assessing Officer (AO) inter-alia disallowed expenses on the issue of convertible debentures on the basis that it was capital in nature. This was confirmed by the Commissioner of Income Tax (Appeals). On further appeal, the Income Tax App...

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Income-tax Ombudsman : An appraisal

The institution of the Ombudsman has been functioning in Mumbai . This is perhaps a good time to assess how it has functioned so far and what needs to be done to improve its effectiveness....

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Posted Under: Custom Duty |