Notification No. 14/2009-Service Tax In exercise of the powers conferred by sub-section(1A) of section 86 of the Finance Act,1994(32 of 1994), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance, Department of Revenue, No.19/2007-Service Tax, published in the Gazette of India, Extraordinary, Part-II,
It is clarified that the condition of ‘nexus with product group exported’ is mandatory in terms of Para 3.2.7.1(vi) read with Para 3.2.6A – II of Handbook of Procedures Vol. 1 (RE2003). All RAs to ensure that this condition is endorsed on Duty Credit Scrips being issued or if and when submitted for revalidation; and Customs to ensure that the condition of ‘nexus with product group exported’ is fulfilled while permitting imports.
Notification No. 13/2009-Service Tax In exercise of the powers conferred by sub-section(1A) of section 86 of the Finance Act,1994(32 of 1994), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance, Department of Revenue, No.18/2007-Service Tax, published in the Gazette of India, Extraordinary, Part-II,
the anti-dumping duty imposed under this notification shall be levied with effect from the date of imposition of the provisional anti-dumping duty, that is, 24th July, 2008, and shall be payable in Indian currency.
even though the performance of the domestic industry had improved with the imposition of anti-dumping duties, the situation of the domestic industry continued to be fragile and vulnerable and in the event of revocation of the anti dumping duty, the domestic industry in all likelihood would once again be subjected to the recurrence of dumping and injury; and had recommended continued imposition of definitive anti-dumping duty on the subject goods, originating in, or exported from, the subject country in order to remove injury to the domestic industry.
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 2.1 of the Foreign Trade Policy, 2004-09, the Central Government hereby makes the following amendments in the Notification No. 27(RE-2008)/2004-09 dated 1st August,2008.
Harried investors of Pramod Agrawal’s Mahadeo Developers Private Limited and Kalamna Market Urban Credit Cooperative Society gathered in front of the income tax office at Saraf Chambers, Sadar, on Tuesday. They were protesting against the income tax department for taking action against both the entities. The investors alleged that it was the income tax raid […]
NOTICE The following benches will not function during the period 18.05.09 to 22.05.09:- “B-1, G, J, K, L, WT & SMC “
Held in the context of s. 11AC of the Excise Act (which provides that where any duty of excise has not been .. paid .. by reasons of fraud, collusion or any wilful mis-statement or suppression of facts ….. or contravention of any of the provisions of this Act … with intent to evade payment of duty, the person who is liable to pay duty as determined under sub-section (2) of section 11A, shall also be liable to pay a penalty equal to the duty so determined) that
The assessee sold valve actuators. At the time of sale, the assessee provided standard warranty that if the product was defective within the stated period, the product would be rectified or replaced free of charge. For AY 1991-92, the assessee made a provision for warranty at Rs.10,18,800 at the rate of 1.5% of the turnover. As the actual expenditure was only Rs. 5,18,554, the excess provision of Rs.5,00,246
