Circular No. 98/9/95-CX I am directed to say that a number of complaints have been received from the trade circle to the effect that delay in clearance of AR4s. (under VBAL/QBAL) by the Central Excise officers, is adversely affecting the exports.
As you are aware aware the Scheme of 100% EOUs / EPZs envisages the transfer of goods imported or manufactured by a Unit from one Unit to another. Such transfer may be for purpose of use of the goods within the transferee unit or its export or further manufacture. While, this facility has been available since sometime, the purpose of such transfer had not been specifically mentioned
Your attention is drawn to the Ministry’s Circular No. 34/94 dated 12/12/94 emphasising the need for nexus between import items and inputs used in the export goods and the reference made therein in DGFT’s ALC Circular No. 17/94 dated 8.11.94 DGFT have
Circular No. 97/8/95-CX I am directed to refer to Board”s Circular No. 42/ 42/ 94-CX. (F. No. 58/1/93-CX.I) dated 7.6.94 on the subject noted above and to say that since “second para” of the said circular is not factually correct and is also not relevant to the issue discussed the same may be omitted from the said circular.
Circular No. 96/7/95-CX Rule 57G of Central Excise Rules deals with the accounting procedure for the persons issuing invoices under Rule 57G. It is necessary that transactions relating to goods invoices under Rule 57G. It is necessary that transactions relating to goods on which Modvat Credit is to be availed of are smoothly carried out
Instructions relating to issuance of invoice (s) under Rule 57G of Central Excise Rules-Rule 57G of Central Excise Rules deals with the accounting procedure for the persons issuing invoices under Rule 57G. It is necessary that transactions relating to goods invoices under Rule 57G. It is necessary that transactions relating to goods on which Modvat Credit is to be availed of are smoothly carried out, however, the following basic parameters must be kept in view.
Circular No. 95/6/95- CX I am directed to refer to Board”s Circular No. 2/92-CX.1 (F.No. 54/9.92-CX.1) dated 31.12.92 wherein it was clarified that the Board”s Section 37-B order No. 8/92/ dated 24.9.92 cannot change the status of the past closed assessments. But, wherever cases are pending decision
The undersigned is directed to say that a doubt has been raised regarding para 2(e) of the “Guidelines for Baggage Clearance”, circulated vide Board’s letter of even number dated 1.11.94, wherein, it is explained that the Indian Citizens or foreign national residing abroad for more than two years and who are transferring their residence to India for a minimum stay of one year will be
It has been brought to the notice of the Board that many a times the instructions / clarification issued by the Board are not received by the field formations. A suggestion has been received that in case the instructions/ clarifications are issued under a running
Circular No. 699-Income tax Queries have been raised as to whether the requirement of deduction of income-tax at source under section 194-I of the Income-tax Act applies in case of payments by way of rent to the Government, statutory authorities referred to in section 10(20A) and local authorities whose income under the head ‘Income from house property’ or ‘Income from other sources’, is exempt from income-tax
