Follow Us :

Post Budget 2011 Notification

Latest Articles


Clarifications regarding changes introduced through the Customs Notifications issued on 24-3-2011

Custom Duty : Full exemption from levy of Special Additional Duty of Customs has been provided to Ships; Aircrafts imported by non-scheduled ope...

March 27, 2011 1271 Views 0 comment Print


Latest Notifications


Budget 2011- Service Tax- Govt Appoints the 1st day of May 2011 as the day for Finance Act, 2011 ( 8 of 2011) to come into force

Service Tax : 29/2011 - Service Tax, dated 25-04-2011- In exercise of the powers conferred by clauses (A) and (B) of section 71of the Finance Ac...

April 26, 2011 3892 Views 0 comment Print

Amends notification no. 20/2006 – Seeks to exempt certain specified goods from special CVD leviable on imported goods vide Notification No. 32 /2011-Customs

Custom Duty : Notification No. 32 /2011-Customs- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,1962 (5...

March 24, 2011 657 Views 0 comment Print

Amends notification no. 21/2002 – Effective rate of duty on import of goods vide Notification No. 31/ 2011-Customs

Custom Duty : Notification No. 31/ 2011-Customs- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (...

March 24, 2011 1204 Views 0 comment Print

Exempts return of branded ready made garments subject to certain conditions

Excise Duty : Provided that the exemption contained in this notification shall apply subject to the following conditions, namely:- i. no Cenvat ...

March 24, 2011 2084 Views 0 comment Print

Notification No. 29/2011-Central Excise; Dated: 24.03.2011

Excise Duty : Notification No. 29/2011-Central Excise - In exercise of the powers conferred by sub-section (1) of section 5A of the Central Exc...

March 24, 2011 852 Views 0 comment Print


Latest Posts in Post Budget 2011 Notification

Budget 2011- Service Tax- Govt Appoints the 1st day of May 2011 as the day for Finance Act, 2011 ( 8 of 2011) to come into force

April 26, 2011 3892 Views 0 comment Print

29/2011 – Service Tax, dated 25-04-2011- In exercise of the powers conferred by clauses (A) and (B) of section 71of the Finance Act, 2011 ( 8 of 2011), the Central Government hereby appoints the 1st day of May 2011, as the date on which the provisions of the said Act shall come into force.

Clarifications regarding changes introduced through the Customs Notifications issued on 24-3-2011

March 27, 2011 1271 Views 0 comment Print

Full exemption from levy of Special Additional Duty of Customs has been provided to Ships; Aircrafts imported by non-scheduled operators and specified parts of personal computers viz., Microprocessor for computer, other than motherboards, Floppy disc drive, Hard disc drive, CD-ROM drive, DVD Drive/DVD Writers, Flash memory and Combo drive. The exemption on parts of personal computers is subject to actual user condition.

Amends notification no. 20/2006 – Seeks to exempt certain specified goods from special CVD leviable on imported goods vide Notification No. 32 /2011-Customs

March 24, 2011 657 Views 0 comment Print

Notification No. 32 /2011-Customs- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,1962 (52 0f 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.20/2006-Customs, dated the 1st March,2006, published in the Gazette of India, Extraordinary, vide number G.S.R.92 (E),dated the 1st March, 2006,

Amends notification no. 21/2002 – Effective rate of duty on import of goods vide Notification No. 31/ 2011-Customs

March 24, 2011 1204 Views 0 comment Print

Notification No. 31/ 2011-Customs- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1st March, 2002, published in the Gazette of India, Extraordinary vide number G.S.R.118 (E), dated the 1st March, 2002, namely:-

Exempts return of branded ready made garments subject to certain conditions

March 24, 2011 2084 Views 0 comment Print

Provided that the exemption contained in this notification shall apply subject to the following conditions, namely:- i. no Cenvat credit of the duty paid on such returned goods is taken under the provisions of rule 16 of the Central Excise Rules,2002; ii. an intimation containing the details of the document under which goods are returned and their value, is submitted to the jurisdictional Central Excise authority, within 48 hours of the receipt of the returned goods in the factory or premises ; and iii. a proper account of receipt and disposal of such goods is maintained and accounted for in the monthly return. iv. the aggregate value of goods cleared from a factory or premises under this exemption in a financial year does not exceed

Notification No. 29/2011-Central Excise; Dated: 24.03.2011

March 24, 2011 852 Views 0 comment Print

Notification No. 29/2011-Central Excise – In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notif ication of the Government of India in the Ministry of Finance (Department of Revenue), No. 63/95-Central Excise, dated the 16th March, 1995 which was published in the Gazette of India, Extraordinary, vide G.S.R. 255 (E) dated the 16th March, 1995, namely: –

Notification No. 28/2011-Central Excise; Dated: 24.03.2011

March 24, 2011 2166 Views 0 comment Print

Notification No. 28/2011-Central Excise – In exercise of the powers conferred by sub-section (2A) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 8/2003-Central Excise, dated the 1st March, 2003 published in the Gazette of India, Extraordinary, vide G.S.R. 138(E), dated the 1st March, 2003, namely: –

Notification No. 12/2011-Central Excise (N.T.); dated: 24.03.2011

March 24, 2011 2581 Views 0 comment Print

Notification No. 12/2011-Central Excise (N.T.)- Relaxation in Tariff value in case of branded readymade garments – tariff value reduced from 60% to 45% and tariff value shall be equal to transaction value in case of job work, transaction between job workers and merchant

Notification No. 27/2011- Central Excise; Dated: 24.03.2011

March 24, 2011 1692 Views 0 comment Print

Notification No. 27/2011-Central Excise- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts waste, parings and scrap aris ing in the course of manufacture of goods in respect of which the benefit of exemption under notification no. 1/2011-Central Excise dated the 1st March, 2011 or notification no. 20 /2011 –Central Excise dated the 24th March, 2011 is availed and falling within the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from the whole of the duty of excise leviable thereon which is specified in the said Schedule :

MRP Based duty–35 more goods included on which 1% duty or 5% duty with cenvat credit levied

March 24, 2011 968 Views 0 comment Print

In exercise of the powers conferred by sub-sections (1) and (2) of section 4A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 49/2008-Central Excise (N.T.), dated the 24th December, 2008, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 882(E), dated the 24th December, 2008, namely :-

Search Post by Date
April 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930