References have been received from trade that the EOUs engaged in development and export of software and software developing units in EPZ/EHTP/STP should be allowed to import software through data communication/tele- communication link and internet. It has been stated that the Reserve Bank of India has permitted authorized dealers to allow remittances towards import of software
Notification No 650(E)-Income Tax Whereas the Convention between the Republic of India and the French Republic for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital came into force on the 1st day of August, 1994, after the notification by both the Contracting States to each other of the completion of the procedures required under their laws for bringing into force the said Convention.
Kind attention is invited to the Notification No. 33/94-Cus(N.T.), dated 1-7-1994 delegating powers to Chief Commissioner of Customs for granting waiver of interest on Customs Duty under Section 61 of the customs Act, 1962, in cases where the amount of interest does not exceed Rs. 15 lakhs
Attention is invited to paragraph 4.7 of Handbook (Vol. I), incorporating amendments made up to 31st March, 2000 read with Paragraph 15.4 Ibid which lays down the procedure for issue of fresh/modified IEC in favour of Exporters/Importers. Attention is also invited to Public Notice No.39, 43, 49, 55, 8, 17 dated respectively 16.11.99, 15.12.99, 27.1.2000, 16.3.2000, 28.4.2000, 30.6.2000 according to which all IEC holders were required to modify/update the IEC along with PAN issued in their favour by 30th June, 2000 only on the basis of Appendices 1A, 2A and copy of PAN without any other documents like photograph fee etc. The last date has since expired. It is hereby clarified that modification/issuance of IEC is on going process and will continue even after 30.6.2000.
In exercise of the powers conferred by sub-section (i) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-section (4) of section 90 of the Finance Act, (10 of 2000) the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 61/2000-Customs, dated the 12th May, 2000.
The principal notifications was published in the Gazette of India, Extraordinary, vide notification No. 16/2000-Cusotms, dated the 1st March, 2000 [G.S.R. 168(E), dated 1st March, 2000] and was last amended by Notification No. 88/2000-Customs, dated the 12th June, 2000.
Therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff Act, the Central Government, hereby directs that the First Schedule of the said Customs Tariff Act shall be amended in the following manner, namely.
This notification appoints the Commissioner of Customs, Kandla to be the Commissioner of Customs, Mumbai and Commissioner of Customs. Calcutta for specified purposes GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE ) New Delhi, the 6th July,2000 15 Asadha 1922 Saka Notification No. 46/2000-Customs ( N.T ) G.S.R. (E ) – In exercise of the powers […]
Public Notice No. 20 (RE-2000) revises export conditions for bone and horn products to the EU, requiring certifications from CAPEXIL and health approvals.
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 general insurance business provided under the National Agricultural Insurance Scheme (Rashtriya Krishi Bima Yojana ) or the Pilot Scheme on Seed Crop Insurance, from the whole of the service tax leviable thereon under section 66 of the said Act.
