Attention is invited to Ministry of Commerce (Import Trade Control) Public Notice No. 74-ITC(PN)/85-88 dated the 21st February, 1986 on the subject mentioned above. It is hereby informed that in pursuance of the relevant provisions contained in the Indo-USSR deferred payments protocol dated the 30th April, 1981 and 23rd December, 1985.
Para 7.36A of the Handbook of Procedure, Vol.I pertaining to current Exim Policy has been amended vide DGFT”s Public Notice No. 10 (RE-99)/1997-2002 dated 7th June, 1999 to the effect that DEPB credit entitlement, in respect of export products whose DEPB rate is 10% or more, shall not exceed 50% of the PMV of the goods
Circular No. 36/99-Cus clarifies export and import cargo clearance procedures, extending operational hours at all air cargo complexes in India.
Circular No. 35/99-Cus simplifies export cargo examination with reduced physical checks and self-certification for certain export units.
Notification No. S. O. 473(E) – Income Tax In exercise of the powers conferred by sub-clause (ii) of clause (b) of section 245N of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies following class of persons as applicants for the purpose of Chapter XIX-B of the Income tax Act, namely
Notification No. 10965/1999 – Income Tax In exercise of the powers conferred by sub-clause (ii) of clause (b) of section 245N of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies following class of persons as applicants for the purpose of Chapter XIX-B of the Income-tax Act, namely
Circular No. 462/28/99-CX I am directed to say that a doubt has arisen whether the rebate of central excise duty paid processed textiles fabrics notified under section 3A of the Central Excise Act, 1944 for the period 16.12.98 (the day processed fabrics were covered were covered under this levy based on capacity of production) and 15.2.99 (the preceding day to the date when notifications providing method of computation of rebate were issued) can be granted in respect of the goods removed from the factory of independent manufacturers and exported
It has been brought to the notice of the Board that in respect of several item of imports wide variation between the declared import values and normal prices or prices indicated in accredited journals which publish traded prices for various commodities is being observed. In particular, commodities prone to such under-declaration of value are stated to be polymers such as LDPE, HDPE, PP,
In supersession of the Office Memorandum dated 8th October, 1996 , the Hon”ble FM has approved the following guidelines for consideration of request for exemption from Customs duty under section 25(2) of the Customs Act, 1962, as amended by the Finance Act, 1999
Public Notice No. 13 (1999) extends deemed export benefits for goods supplied to specified mega power projects as per Exim Policy and Revenue Notification 63/99.
