In exercise of the powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as amended, the Director General of Foreign Trade hereby notifies the following amendments.
Notification No. 725(E)-Income Tax In exercise of the powers conferred by sub-clause (iii) of clause (b) of section 245N of the Income-tax Act, 1961 (43 of 1961), and in supersession of Notification No. S.O. 473(E), dated 21st June, 1999, the Central Government hereby specifies public sector company as defined in clause (36A) of section 2 of the Income-tax Act being such
Investor Protection Fund has been formed to compensate the investors for loss in the event of the broker being declared defaulter. Over the period,
Notification sets conditions for the import of poppy seeds from select countries, requiring certificates and registration with the Narcotics Commissioner.
Amendments to ITC(HS) Exim Codes for restricted items under the Export and Import Policy 1997-2002, effective from August 1, 2000.
Amendments to the Export-Import Policy 2000-2001 regarding chemicals, engineering products, and textiles, including changes in input-output norms.
Please refer to our circular letter dated February 12, 1999 advising you to provide us data pertaining to funds mobilised, repurchases/redemptions, net inflow/outflow and cumulative position of net assets. We have revised the format so that some meaningful inferences about the trends in mutual funds industry may be drawn.
The revised methodology to calculate the DEPB rate, as indicated above, shall be adopted only for exports made on or after the issuance of this Circular. Exports of such formulations, consisting of more than one Bulk Drug where some of the constituents are specified while others are non-specified, effected prior to the issuance of this circular shall be governed by the Policy Circular No.39 dated 22.10.99.
In exercise of the powers conferred by section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable services in relation to Cattle Insurance provided under the Central Sector Scheme on Cattle Insurance, from whole of the service tax leviable thereon under section 66 of the said Act.
An issue has been raised regarding the admissibility of DEPB benefit for the export of MS Galvanized Sheets/Strips made prior to 01.04.2000 keeping in view the existence of two possible DEPB entries at S.N. 91 and 363 covering such exports. It has been decided that the DEPB benefit for such exports shall be granted as per the entry at S.N. 363 in view of the fact that the DEPB entry at S.N. at 91 covers only those inputs which are both galvanized and coated.
