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 exempts the goods of the description specified in column (3) of the Table hereto annexed and falling under the Chapter, Heading, Sub-heading or Tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), and specified in the corresponding entry in column (2) of the said Table, from so much of that portion of the applied rate of duty of customs leviable as is specified in the corresponding entry in column (4) of the said Table, when imported into the Republic of India from a country listed in APPENDIX to this notification; Provided that the importer proves to the satisfaction of the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be.
Wallfort Shares & stock Brokers Ltd v ITO Where the assessee bought units of a mutual fund, received tax-free dividend thereon and immediately thereafter redeemed the units and claimed the difference between the cost price and redemption value as a loss and the same had been upheld by a Five Member Special Bench of the Tribunal as a genuine loss,
Employment of outdoor caterer for providing catering services has to be considered as an input service relating to the business and cenvat credit in respect of the same will be admissible.
In exercise of power conferred under paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures.
The principal notification No. 20/2007-Central Excise, dated the 25th April, 2007 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.307(E), dated the 25th April, 2007 and was last amended vide notification no. 38 /2008-Central Excise, dated the 10th June, 2008 vide number G.S.R.446(E), dated the 10th June, 2008.
– The principal notification No. 71/2003-Central Excise, dated the 9th September, 2003 was published in the Gazette of India, Extraordinary, Part II, Section 3, Su-section (i), vide number G.S.R. 717 (E), dated the 9th September, 2003 and was last amended vide notification no. 37/2008-Central Excise, dated the 10th June, 2008 vide number G.S.R.445(E), dated the 10th June, 2008.
The principal notification No. 56/2003-Central Excise, dated the 25th June, 2003 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 513(E), dated the 25th June, 2003 and was last amended vide notification no. 36/2008-Central Excise, dated the 10th June vide number G.S.R.444(E) , dated the 10th June 2008.
The principal notification No. 57/2002-Central Excise, dated the 14th November, 2002 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 765 (E), dated the 14th November, 2002 and was last amended vide notification no. 35/2008-Central Excise, dated the 10th June,2008 vide number G.S.R. 443(E) , dated the 10th June,2008.
The principal notification No. 56/2002-Central Excise, dated the 14th November, 2002 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 764 (E), dated the 14th November, 2002 and was last amended vide notification no. 34/2008-Central Excise, dated the 10th June, 2008 vide number G.S.R. 442(E), dated the 10th June, 2008.
The principal notification No. 39/2001-Central Excise, dated the 31st July, 2001 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 565(E), dated the 31st July, 2001 and was last amended vide notification no. 33/2008-Central Excise, dated the 10th June, 2008 vide number G.S.R. 441(E), dated the 10th June, 2008.
