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 amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs.
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.135/2006-NT-Customs, dated the 26th December, 2006.
– In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue).
Under the general provision relating to Partnership Act that partnership firm is not a juristic person and for inter relationship different remedies are provided to enforce the rights arising out of their inter se transactions, the issue about separate entities apart, it cannot be doubted that the assessee has acted bona fide and his plea that inter se transactions
The prohibition shall not apply to export of Sugar executed under valid Release Orders issued by the Directorate of Sugar, Department of Food and Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution, upto the limits approved by the Government, after which fresh approvals will be taken for further releases.
The above instructions may be immediately brought to the notice of the field formations. Difficulty, if any, in implementation of above instructions may be reported to the Board.
The issue was considered. Helpdesk facility is available on CBEC website www.icegate.gov.in, which provides telephone numbers to be contacted for sorting problems. Further, information in the form of Frequently Asked Questions (FAQs) is also available at the helpdesk. Help Centres provided in CBEC.
For the sake of clarity, it is stated that the reference to term airlines/ carrier would include ‘Air taxi Operator’ and ‘Bonded Trucker’, where ever applicable. The above instructions may be brought to the notice of the trade immediately through appropriate Public Notice.
The Institute will get its accounts audited by an accountant as defined in Explanation below sub-section (2) of section 288 and furnish along with the return of Income.
The principal notification No. 42/96-Customs, dated the 23rd July, 1996 was published in the Gazette of India, Extraordinary, vide number G.S.R. 294(E), dated the 23rd July, 1996 and was last amended vide notification No. 46/2006-Customs, dated the 24th May, 2006 [G.S.R. 309(E), dated the 24th May, 2006].
