refund of duty paid at the concessional rate of five per cent on any clearances made before the 1st day of September 2000 on the ground that such clearances are included in the aggregate value of clearances under Sl.No.1 of the TABLE, shall not be admissible.”
Circular No. 547/43/2000-CX I am directed to say that certain doubts have been raised as to mode of payment of duty by a manufacture claiming to be in the small scale sector which may be having one or more than one unit specially where he may be manufacturing branded goods for others on job work basis in one or both of the units. It is pertinent to note that where as for the rate of duty purposes, the value of clearences of one or more units is clubbed under SSi exemption scheme (like Notification no. 9/1999-Central Excise prior to 1.3.2000
Public Notice No. 32 (RE-2001) outlines amendments to the Standard Input Output Norms (SION) for chemicals, food, plastic, textile, and engineering products.
In case of exporters (other than status holders and green card holders), the licences shall be issued within 3 working days reckoned from the day of presentation of relevant hard copies of application with prescribed documents after following the prescribed procedure.
Attention is invited to the entry at Code No. 1001(a) of Schedule 2 Table – B and Sl. No. 12(i) of Appendix-1 to Schedule 2 in the book titled “ITC(HS) Classifications of Export and Import items 1997-2002 ” specifying the terms and conditions for export of items indicated therein.
Circular No. 795-Income Tax Under the existing provisions of clause (v) of the first proviso to sub-section (1) of section 139, a person not furnishing return under sub-section (1) and residing in specified areas and at any time during the previous year being the holder of a credit card, not being an add-on card, issued by any bank or institution, is required to furnish a return of his income during the previous year on or before the due date specified in the provision.
Circular No. 543/39/2000-CX A number of assessees are engaged in the manufacturer of V.P. Sugar and during the manufacture of sugar the press mud comes out as waste. The department has been contending that the party is required to pay an amount equal to 8% of the value of the press mud as per the provisions of Rule 57CC of Central Excise Rule 1944. On the other hand the tribunal in their various judgements has held that the assessees in question are the manufacturee of V.P. Sugar and press mud is only a residual waste
The DGFT issues amendments regarding Green Card duplicates, export obligations, DEPB rates, and DTA sale in the 2000 Public Notice.
Your attention is invited to the decision of the Supreme Court in the case of Mediwell Hospital & Health Centre Pvt. Ltd vs. Union of India reported in 1997 (89) ELT 425 (SC) = 1997 (68) ECR 750 (SC). The court held that the exemption Notification No. 64/88-Cus cast continuous obligation on the part of the importers to give free treatment at least to 40% of the outdoor patients as well as to give
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 16/2000-Customs, dated the 1st March, 2000.
