Circular No. 434/67/98-CX The Hon”ble Supreme Court in its order dated 5th November, 1996 in case of UOI vs. Punjab Rubber & Allied Industries and Other in CA No. 4348/1984 set aside the order of Punjab and Haryana High Court in Civil Writ No. 4459 of 1980 filed by the Respondents
Notification No. S. O. 1014(E)-Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies : (i) the 5 years 13.25% ICICI Regular Income Bonds-I bearing distinctive numbers 1 to 74061 of the face value of rupees five thousand each;
Notification No. S. O. 1015(E)-Income Tax In exercise of the powers conferred by sub-clause (ii) of clause (10AA) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the maximum amount receivable by its employees as cash equivalent of leave salary in respect of the period of earned leave at their credit at the time of their retirement, whether on superannuation
In the matter of import of hot rolled coils, strips, sheets and plates falling under Chapter heading No. 72.08 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and originating in, or exported from, Russia, Kazakhstan and Ukraine, the designated authority vide its preliminary findings, published in Part I, section 1 of the Gazette of India, Extraordinary, dated the 17th June, 1998, had come to the conclusion.
On the basis of the aforesaid findings of the Designated Authority, the Central Government has imposed anti-dumping duty vide Notification No. 43/98-Customs, dated the 30th June, 1998 [G.S.R. 371(E), dated 30th June, 1998], published in Part II, section 3, sub-section (i) of the Gazette of India Extraordinary, dated the 30th June, 1998 (hereinafter referred to as the provisional duty).
Circular No. 433/66/98-CX I am directed to say that certain doubts have arisen regarding the classification of fusible interlining cloth after the omission of Chapter Note 2(c) of Chapter 59 of the Central Excise Tariff with effect from 16.3.95. Specifically, doubts have been raised as to whether fusible interlining cloth continues to be classifiable under Chapter Heading 59.03 of the Central Excise Tariff Act, 1985 after the omission of the above mentioned Chapter Note.
Notification No. S. O. 2682-Income Tax Consequent to the transfer of the charge of Commissioner of Income-tax (Appeals)-VII, Calcutta, from the region of the Chief Commissioner of Income-tax, Calcutta to Hazaribagh, vide Board’s letter F. No. A-11018/13/98-Ad. VII, dated 1st September, 1998, the said charge stands abolished with immediate effect.
Such Export House/Trading House/ Star Trading House/ Super Star Trading House shall be entitled to such benefits as specified in Chapter 12 of the Handbook of Procedures (Vol.1). However, the entitlement of SIL under Chapter 12 shall be calculated on the basis of payments received in free foreign exchange instead of FOB value of exports.
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB SECTION (ii) GOVERNMENT OF INDIA MINISTRY OF COMMERCE NOTIFICATION NO. 33 (RE-98) 1997-2002 NEW DELHI: 26.11.1998 In exercise of powers conferred by section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of the […]
Circular No. 432/65/98-CX-3 I am directed to say that it has been gathered that some color television (TV) manufacturers have adopted the practice of making the Retail Sale Price (RSP) on the colour TV packages at an amount which is lower than the amount actually collected or payable by the ultimate consumer. It has been reported that the job-manufacturer clears the colour TVs manufactured by him to the ” brand name holder” at the same price as declared on the cartons.
