In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India Extraordinary, Part – II Section 3 – Sub-section (ii) vide S.O. No. 283 (E) dated 31.3.1997, the Director General of Foreign Trade hereby makes following amendment in the Handbook of Procedures, 1997-2002.
Notification No. S. O. 668(E)-Income Tax In exercise of the powers conferred by the proviso to sub-section (1) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies in the table below, the following floor areas for the purposes of clause (i) of the said proviso
Public Notice No. 27 (RE-98) revises the Indian Rupee value for deferred payments under agreements with the former USSR, effective from August 25, 1998.
Notification No. S. O. 669(E)-Income Urban agglomeration of Surat including the areas comprised in the City of Surat constituted under section 3 of the Bombay Provincial Municipal Corporation Act, 1949 (Bombay Act No. LIX of 1949), as applicable to the State of Gujarat and areas declared by the State Government of Gujarat under section 22 of the Gujarat Town Planning and Urban Development Act, 1976
Circular No. 769-Income Tax The Board has received a number of representations for granting approval for refund of excess deduction or erroneous deduction of tax at source under section 195 of the Income-tax Act. The cases referred to the Board mainly relate to circumstances where
Circular No. 413/46/98-CX It has recently come to Board”s notice that in a number of cases. CEGAT has dismissed the Department”s appeals on the Technical ground That these did not have proper authorisation by the concerned Commissioners, even though the merits of the cases were prima faciein favour of the Department. But for the aforesaid deficiency in authorisation required to be issued by the concerned Commissioners, the chances of success of Revenue appeals were quite high.
The export licence shall be issued by the Directorate General of Foreign Trade only when the firm produces the Certificate in Original from the Chief/Wild Life Warden of the concerned state, from where the Exotic birds have been procured, to the effect that the birds to be exported are from Captive Bred Stock, to the Directorate General of Foreign Trade for endorsement and CITES Certificate wherever applicable.
Circular No. 412/45/98-CX It has been brought to the notice of the Board that Trade & Industry is facing problem in the availment of Modvat credit of the duty paid on inputs on the basis of the original copy of the invoice in case where the duplicate copy of the invoice is lost in transit.
To create a level playing field for the domestic manufacturers of marine freight containers the notification exempts the marine freight containers from payment of duty when cleared from 100% EOU into DTA for exports.
In exercise of the powers conferred by the Section 5 of the Foreign Trade ( Development & regulation) Act, 1992 ( No. 22 of 1992) read with Paragraph 1.3 of the Export and Import Policy 1997-2002, the Central Government hereby makes the following amendment in the Export & Import Policy, 1997-2002 ( Amended in April,1998 ).
