In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No.22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002 (incorporating amendment made upto 31.3.2000), the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002 (incorporating amendment upto 31.3. 2000.
Circular No. 796-Income Tax At present printed challan forms are used by the assessees for the purpose of depositing tax deducted at source in accordance with the prescribed procedure under the Income-tax Act, 1961 and the Income-tax Rules, 1962. In this context, it has been brought to the notice of the Board that for depositing tax deducted at source
Circular No. 797-Income Tax The Finance Act, 1997 has made provision w.e.f. 1-4-1997 for filing of a return on floppy diskette, magnetic cartridge tape, CD-ROM or any other computer readable Media. Pursuant to this, rule 37B was inserted in the Income-tax Rules, 1962 which, inter alia, states that the Computer Media must conform to the specifications given therein.
GSR (E). In exercise of the powers conferred by section, 11 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, for the purposes specified in sub-section (2) of that section; hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue No.1/64-Customs, dated the 18th January, 1964, namely:-
the Central Board of Excise and Customs hereby makes the following regulations to amend the Goods Imported (Conditions of Transhipment Regulations, 1995, namely
Government of India has issued norms relating to multiple membership in Stock Exchange vide F. No. 1/26/SE/91 dated August 12, 1991 which interalia stipulated at (i) (a) that a member should have operated his membership for a period of atleast 5 years before seeking membership to another stock exchange.
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 6/2000-Central Excise, dated the 1st March, 2000 [G.S.R.184 (E), dated the 1st March, 2000.
In exercise of the powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rule 13 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 41/2000-Customs, dated the 10th April, 2000.
For the purposes of this notification, “rate of exchange” applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the determination of the “rate of exchange” shall be the date of presentation of the “bill of entry” under section 46 of the said Customs Act.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-section(6) of section 3 of the Customs Tariff Act, 1975 ( 51 of 1975) the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts copper cathodes, wire bars and wire rods falling under Chapter 74 of the First Schedule to the said Customs Tariff Act and produced out of copper reverts, the said copper reverts having been exported out of India for toll smelting or toll processing, when imported into India.
