Notification No.S. O. 152(E) – Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 7-years 10.5% Tax-free (2004-VIIth Series) Secured Redeemable Bonds of Rs. 20,000 each for an amount of Rs. 305 crores (rupees three hundred five crores only) bearing distinctive numbers from 1 to 152500
Notification No.S. O. 151(E) – Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 7-years 8.75% per annum (Tax-free) Rural Electrification Corporation Bonds-2004 (XXXIII Series) bearing distinctive numbers
The Comptroller and Auditor General of India, in para 3.2 of its report for the year ended March, 1997 has pointed out the lapses on the part of Commissionerate in communicating Board”s instructions having financial implications to its attached filed offices/units which had caused loss of revenue worth Rs. 5.92 lakhs. The said instruction was issued by the Board on 5.8-92 whereas field units of
The Risk to the Company due to Year 2000 bug The companies should list the operations, processes, functions, which could be adversely affected due to the Year 2000 problem.
In exercise of the powers conferred under Section 5 of the Foreign Trade ( Development & Regulations) Act, 1992 ( No. 22 of 1992 ) read with Paragraph 1.3 of the Export and Import Policy, 1997-2002, as amended , the Central Government hereby makes the following amendment in the Export and Import Policy, 1997-2002.
It has been brought to the notice of the Board that the Customs Commissionerate, Pune has recently detected a case of Customs Duty evasion of over Rs. 27 crores by M/s HPCL, Loni, Pune, who receive petroleum products like HSD, Kerosene, etc. from M/s IOC through pipeline from Mumbai to Pune. It was found that the price declared by M/s IOC at Mumbai in the warehousing bill of entry
Circular No. 442/8/99-CX I am directed to refer to Notification No. 8/97-CE dated 1.3.97 which exempts the finished products, rejects and waste or scrap, produced of manufactured in a 100% EOU or FTZ wholly from raw-materials produced or manufactured in India, and allowed to be sold in India, from so much of duty of excise leviable thereon under Section 3 of the Central Excise Act on like goods produced or manufactured in India other than in 100% EOU or a FTZ ,
Notification No.S. O. 138(E) – Income Tax In exercise of the powers conferred by sub-clause (ii) of clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Indbank Invesco (Offshore) Fund, set up under trust deed dated July 31, 1996, by Indian Bank and approved by the Securities and Exchange Board of India as an Offshore Mutual Fund for the purpose of the said sub-clause
I am directed to invite your attention to a number of cases which have been detected at various Customs stations wherein drawback was claimed fraudulently by filling drawback claims for which no export had actually been made. ADO letter F.No. 009/430/98-DBK dated 30.10.1998 has already been issued to all Chief Commissioner and Commissioner of Customs listing out measures to prevent
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 rescinds the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in Column (2) of the Table hereto annexed.
