Notification No. 9-Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct taxes hereby makes the following rules further to amend the Income-tax Rules, 1962
Notification No. 8-Income Tax In exercise of powers conferred by Sub-section (1) of Section 295 read with clause (vi) of Sub-section (2) of Section 17 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct taxes hereby makes the following rules further to amend the Income-tax Rules, 1962
In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No.22 of 1992) read with paragraph 2.1 and 4.1 of the Export and Import Policy, 2002-07, as amended from time to time, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items, 2002-07 published on 31st March, 2002 as amended from time to time.
It is, therefore, requested that the grievances of the exporters on this account may be redressed urgently and necessary instructions issued to the field formations under your charge.
I am directed to say that doubts have been expressed regarding the jurisdiction of Maritime Commissioners regarding filing of rebate claims and execution of bonds consequent to issue of notifications No. 79/2003-CE (NT) and No. 80/2003-CE (NT) both dated 29.10.2003, amending the notifications No. 40/2001-CE (NT) and No. 42/2001-CE (NT) both dated 26.6.2001.
I am directed to state that clarification was sought as to whether National Calamity Contingent Duty (NCCD) applicable to Crude Petroleum Oil as per Section 136 (1) of the Finance Act, 2001 should be calculated on the net quantity of Crude Petroleum Oil received in the refinery or gross quantity produced and supplied from the oil field to the refinery
In exercise of the powers conferred under Paragraph 2.4 of the Export and Import Policy 2002-2007, as amended, the Director General of ForeignTrade hereby makes the following amendments/deletions/corrections and additions in the Handbook of Procedures, Vol.2, 2002-2007, as amended.
Notification No. 7-Income Tax It is hereby notified for general information that the organisation mentioned below has been approved by the Central Government for the period mentioned below, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income tax Rules, 1962 under the category “Institution”
16B. Special procedure for removal of semi-finished goods for certain purposes.- The Commissioner of Central Excise may by special order and subject to conditions as may be specified by the Commissioner of Central Excise, permit a manufacturer to remove excisable goods which are in the nature of semi-finished goods, for carrying out certain manufacturing processes, to some other premises and to bring back such goods to his factory, without payment of duty
The principal notification was published in the Gazette of India, Extraordinary, vide G.S.R. 580 (E), dated the 3rd April, 1986 and was last amended by notification No. 37/2003-Customs, dated the 1st March, 2003 [G.S.R. 172 (E) dated the 1st March, 2003].
