this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of account are maintained in respect of such business
this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of accounts are maintained in respect of such business.
I am directed to invite your attention to Board’s circular No. 386/19/98-CX dated 7th April, 1998. In this Circular, Board has clarified that the coal ash (cinder) is an excisable commodity classifiable under Heading No.2621.00 and is chargeable to appropriate rate of duty. Further, all pending disputes/assessments on the issue were directed to be settled in the light of these guidelines.
In exercise of powers conferred by sub-section (3) of section 75 of the Customs Act, 1962( 52 of 1962) and sub-section (2A) of section 37 of the Central Excise Act, 1944( 1 of 1944) and in pursuance of rules 3, 4 and 5 of the Customs and Central Excise Duties Drawback Rules, 1995, the Central Government, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.36/2005-CUSTOMS(N.T.), G.S.R.267(E), dated the 2nd May, 2005, (hereinafter referred to as the said notification), with effect from 5th day of May, 2005, namely.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below shall be amended or further amended, as the case may be, in the manner as specified in the corresponding entry in column (3) of the said Table, namely.
The second sentence of paragraph 4.12 should be replaced by the following sentence: However, in case of e-commerce application, exports/supplies made from the date of EDI generated file No. for an advance licence may be accepted provided the hard copy is submitted within three months.
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures.
The Principal notification was published in the Gazette of India, Extraordinary, vide notification no.36/2001 – Customs(N.T.), dated, the 3rd August, 2001 [S.O.748 (E), dated, the 3rd August, 2001] and was last amended vide Notification No.98/2005-Customs (N.T), dated, the 31st October, 2005 [S.O.1151(E), dated, the 31st October, 2005].
Whereas in the matter of import of vitrified and porcelain tiles, other than vitrified industrial tiles (hereinafter referred to as the subject goods), falling under headings 6907 or 6908 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, the People’s Republic of China and United Arab Emirates (hereinafter referred to as the subject countries) and imported into India, the designated authority vide its final findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 5th February, 2003.
Notification No.247/2005 – Income Tax S.O.1609(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 739(E), dated the 10th September, 1999, issued under sub-section (1), read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 7, for Provision of artificial limbs and other rehabilitation aids to amputees, polio-affected disabled persons, hard of hearing, medicines and special shoes to persons
