Provided that nothing contained in any notification providing exemption from the whole or part of the duty of excise based on the value of clearance made in a financial year shall be applicable to the paper and paperboard manufactured by the said Ashok Paper Mills till this notification remains in force.
Notification No.S. O. 2142 – Income Tax In exercise of the powers conferred by the Explanation C(i) of section 10(23G) of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby notifies Inland Container Depot (ICD) and Container Freight Station (CFS) as infrastructure faci ity. 2. Provided that such places are notified as Inland Container Depot including Container Freight Stations under the Customs Act, 1962.
Notification No. 11003/1999 – Income Tax In exercise of the powers conferred by Explanation C(i) of section 10(23G) of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby notifies Inland Container Depot (ICD) and Container Freight Station (CFS) as infrastructure facility. Provided that such places are notified as Inland Container Depot including Container Freight Stations under the Customs Act
Shorn of all details, it emerges that the assessee first filed his returns for the assessment years 1983-84, 1984-85, 1985-86 and 1986-87 showing income ranging between Rs. 10,000 and Rs. 12,000. Later action under Section 132 was taken against him which led to reopening of the assessment. A notice under Section 148 was served on him
Circular No. 471/37/99-CX I am directed to say that difficulty had arisen for the manufacturers of goods specified under Chapters 61 & 62 of the Central Excise Tariff Act where rate of duty is NIL or the goods are exempted, especially the garment manufacturers primarily engaged in the manufacture / production for exports. These manufacturers were denied a simplified export procedure since these could not register themselves with the Central Excise in terms of the existing provisions of Notification 22/98 – Central Excise (N.T.) dated the 4th June, 1998.
Attention is invited to para 7.4A of the Exim Policy and Public Notice No. 10 (RE-99)/1997-2002 dated 7.6.99 issued by the DGFT announcing annual advance licensing scheme to promote exports. The Department of Revenue has issued Notification No. 48/99-Customs dated 29th April, 1999 and amendment notification No. 90/99-Customs dated 6.7.1999 in order to operationalise the
Circular No. 470/36/99-CX I am directed to refer to Circular No. 449/15/99-CX dated 23.2.99 on the subject mentioned above. It was clarified vide the above mentioned circular that duty should not be demanded on waste packages/containers used for packaging modvatable inputs when cleared from the factory of manufacturer availing modvat credit following the CEGAT order in case of M/s West Coast Industrial Gases Ltd. v. CCE, Cochin.
Exporters have pointed out that while claiming Duty Drawback as above, they are required to submit original EP copy of the Shipping Bills to the Custom Authorities, which they are not in a position to do as the same have already been submitted to the Regional Licensing Authority while claiming DEPB. This issue has been considered in consultation with Deptt. of Revenue.
Attention is invited to Boards Circular No. 71/98-Customs dated 15th September 1998 granting exemption from Bank Guarantee to manufacturer exporters registered with Central Excise Department subject to conditions specified therein
0n the basis of the aforesaid findings of the Designated Authority, the Central Government has imposed anti-dumping duty vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 64/99-Customs, dated the 14th May, 1999 [G.S.R. 351(B), dated the 14th May, 1999] published in Part II, Section 3, sub-section (i) of the Gazette of India, Extraordinary, dated the 14th May, 1999 (hereinafter referred to as the provisional duty).
