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Archive: 30 August 2010

Posts in 30 August 2010

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 16, 2024 3852 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 14, 2024 3495 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Customs Circular No 31/2010, 30-08-2010, Regarding import of goods under Notification No.13/2010-Customs dated 19.2.2010 for Commonwealth Games, 2010

August 30, 2010 610 Views 0 comment Print

Attention is invited to Board Circular No.26/2010-Customs dated 9.08.2010 wherein it was clarified that benefit under the Notification No.13/2010- Customs for import of specified goods for Commonwealth Games, 2010 will not be extended to vendors/ sub vendors/ Contractors appointed by Organising Committee of the Commonwealth Games, (OC, CWG) 2010.

New Direct tax Code will be Applicable from April 1, 2012 instead of April 1, 2011 , Download DTC Bill 2010

August 30, 2010 1199 Views 0 comment Print

Direct Tax Code (DTC) Bill introduced in Lok Sabha on Monday, August 30,2010 by Finance Minister Mr. Pranab Mukherjee, Will now be applicable from April 1, 2012 instead of earlier proposed date April 1,2011. This bill comparatively offers lower benefits as compared to the original bill. Download DTC Bill 2010 Highlights of DTC are as […]

Clarification regarding non-applicability of Anti Dumping Duty under Notification No.15/2007-Cus dated 20.02.2007 to Spandex Yarn (Elastomeric Yarn) falling under Tariff Item 5402 44 00

August 30, 2010 577 Views 0 comment Print

References have been received from the Trade and Field formations seeking a clarification whether Anti Dumping Duty under the Notification No.15/2007-Customs dated 20.02.2007 is applicable to Spandex Yarn (Elastomeric yarn). Although the description ‘elastomeric yarn’ is not specified in the above said notification, doubts have been expressed since the Tariff Item 5402 44 00 is mentioned therein.

Section 29B of the Industries (Development and Regulation) Act, 1951 – Power to exempt in special cases – List of items reserved for exclusive manufacture in small scale sector notified vide Notification No. S.O. 477(E) – Amendment in Notification No. S.O. 477(E), dated 25-7-1991

August 30, 2010 2864 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 29B of the Industries (Development and Regulation) Act, 1951 (65 of 1951), the Central Government, after considering the recommendations made to it by the Advisory Committee, hereby directs that the following further amendment shall be made in the notification of the Government of India in the erstwhile Ministry of Industry (Department of Industrial Development) number S.O. 477(E), dated 25 July, 1991,

CUSTOMS Notification No 85/2010, 30-08-2010, Regarding continuation of anti-dumping on imports of Acrylic Fibre originating in, or exported from, the Japan and Belarus

August 30, 2010 2026 Views 0 comment Print

Whereas, the designated authority, vide its notification No. 15/34/2008-DGAD, dated 6th July, 2009 published in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 7th July, 2009, had initiated sunset review in the matter of continuation of anti-dumping on imports of Acrylic Fibre

Notification No. 04(RE-2010)/2009-2014, Dated: 30.08.2010

August 30, 2010 409 Views 0 comment Print

With immediate effect, following para shall be added at the end of para 2 below Sl. No. 2.10 of Notification No. 56 /2009-2014 dated 06.08.2010:-The above quantity of 2 lakh tones of wheat to Bangladesh will be exported by the PSUs of Department of Commerce viz. M/s. STC and M/s. PEC Ltd. as follows:

Prohibition on export of Non-basmati Rice-exemption for export to Bangladesh

August 30, 2010 337 Views 0 comment Print

The PSUs would lift the quantities of rice from the Central Pool and export on CIF basis as requested by the Government of Bangladesh. This would entail additional costs on account of freight, insurance etc. which will be borne by the Government of Bangladesh.

Prescribing SION for one new products “Propylene” under Chemical & Allied Products Group

August 30, 2010 292 Views 0 comment Print

In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14 and Paragraph 1.1 of the Handbook of Procedures (Vol. I) (2009-14), the Director General of Foreign Trade hereby adds one new SION as A- for the export products “Propylene” in the Hand Book of procedures (Vol.II) as updated on 31st May, 2009 and amended thereafter from time to time, at appropriate place as mentioned in Annexure “A” to this Public Notice.

Public Notice No. 06/(RE2010)/2009-14, Dated: 30.08.2010

August 30, 2010 550 Views 0 comment Print

TABLE 4: NEW FOCUS PRODUCTS.FINISHED LEATHER: LEATHER FURTHER PREPARED AFTER TANNING/ CRUSTING, INCLUDING PARCEMENT-DRESSED LEATHER OF BOVINE (INCLUDING BUFFALO) OR EQUINE ANIMALS, WITHOUT HAIR ON, WHETHER OR NOT SPLIT (OTHER THAN LEATHER OF HEADING 4114).

Corporal punishment banned in all schools affiliated to Central Board of Secondary Education

August 30, 2010 471 Views 0 comment Print

Corporal punishment has been banned in all the schools affiliated to Central Board of Secondary Education. National Commission for Protection of Child Rights (NCPCR) has issued guidelines to all States/UTs as well as to the District Administrations for addressing the issue of corporal punishment in schools.

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