The term durum wheat means wheat of the Triticum durum species and the Hybrids derived from the inter – specific crossing of Triticum durum which have the same number (28) of chromosomes as that species. Export of wheat has been made free. Exports shall be only through Custom EDI ports.
The National Scheduled Tribes Finance and Development Corporation (NSTFDC), a wholly owned Government of India Section 25 Company under the Ministry of Tribal Affairs, extends financial assistance at concessional rates of interest for viable income generating activities to eligible beneficiaries belonging to Scheduled Tribes.
In supersession of Notification No. 38 (RE-2007)/2004-2009 dated 15.10.2007 read with Notification No. 93 (RE-2007)/2004-2009 dated 01.04.2008, the following amendments are made with immediate effect against entry at Sl. No.45 A (except Tariff Code 1006 10 10) in Chapter 10 of Schedule 2 of ITC(HS.
Policy Circular No. 40 (RE-2010)/2009-14, As and when Customs (CBEC) have conveyed their readiness to implement on-line message exchange between Customs and DGFT, Policy Circulars have been issued from time to time by DGFT indicating the names and Port Codes of such Customs Ports where EDI facility would be available.
Whereas, in the matter of import of Para Nitroaniline (hereinafter referred to as the subject goods), falling under sub-heading 29214226 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, People’s Republic of China (hereinafter referred to as the subject country)
Notification No. 87/2011-Customs, Date- 9th September, 2011 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 20/2006-Customs,
Four Soft Limited vs. DCIT (ITAT Hyderabad)- The Tribunal held that corporate guarantee given by Indian company to its subsidiary outside India would not fall within the definition of ‘international transaction’. In the absence of any charging provision, the lower authorities are not correct in bringing aforesaid transaction under the purview of transfer pricing. The Tribunal observed that corporate guarantee is very much incidental to the business of the taxpayer and hence, the same cannot be compared to a bank guarantee transaction of the Bank or financial institution.
1. I have been privileged to read the judgement prepared by brother Justice Dr. Satish Chandra. I agree with the final verdict in the present appeal but respectfully, I express my separate opinion. We have heard Shri D.D. Chopra, learned counsel for the appellants.
