herefore, in exercise of the powers conferred by section 11-I of the Customs Act, 1962 (52 of 1962), the Central Government hereby specifies the goods in the said Schedule as the goods in respect of which special measures for the purpose of checking their illegal export and facilitating the detection of the said goods, which are likely to be illegally exported, shall be taken in the areas specified in India’s land border with Myanmar falling within the territories of Nagaland, Manipur, Mizoram and Arunachal Pradesh in terms of the notification of the Government of India in the Ministry of Finance (Department of Revenue) Number 318-B/1986-Customs, dated the 14th May, 1986 and Number 24/1988-Customs(N.T.), dated the 15th April, 1988.
Further, it may be noted that in terms of Regulation 2 of Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time, “preference shares” mean compulsorily and mandatorily convertible preference shares and “debenture” means compulsorily and mandatorily convertible debentures.
The TDS provisions in Chapter XVII-B relating to payment of income chargeable under the head Salaries, which are in the nature of machinery provisions to enable collection and recovery of tax forms an integrated Code with the charging and computation provisions under the 1961 Act, which determines the assessability/taxability of salaries in the hands of the employee-assessee. Consequently, Section 192(1) has to be read with Section 9(1)(ii) read with the Explanation thereto. Therefore, if any payment of income chargeable under the head Salaries falls within Section 9(1)(ii) then TDS provisions would stand attracted.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy – 2004-09, the Central Government hereby amends Schedule – I (Imports) of the ITC (HS) Classifications of Export and Import Items, 2004-09.
The principal notification No. 49/2005-Customs (N.T.), dated the 17th June,2005 was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section(i) vide number G.S.R. 410(E) dated the 17th June,2005 and was subsequently amended by Notification No.63/2006- Customs (N.T.), dated the 9th June, 2006 vide number G.S.R. 356(E), published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section(i), dated the 9th June, 2006. It was subsequently amended by Notification No.42/2008- Customs (N.T.), dated the 12th May,2008 vide number G.S.R371(E), published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section(i), dated the 12th May,2008.
In the said notification, in the Table, against Sl. No. 2 in Column (3), for the words Chandigarh and Jalandhar wherever they occur, the words and figures Chandigarh-I and Chandigarh-II shall respectively be substituted.
In exercise of the powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944 (1 of 1944), the Central Board of Excise and Customs hereby makes the following further amendment in the notification of the Government of India, Ministry of Finance, Department of Revenue No. 25/2005-Central Excise (N.T),.
G.S.R. (E). In exercise of the powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944 (1 of 1944), the Central Board of Excise and Customs hereby makes the following further amendment in the notification of the Government of India, Ministry of Finance, Department of Revenue, No. 24/2005-Central Excise (N.T.),
Notification No. 37/2009 – Income Tax In exercise of the powers conferred by section 295 of the Income -tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules 1962. Namely
Notification No. 12/2009-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,
