Sponsored
    Follow Us:

Circulars

Circular No. 23/2008-Customs Duty, Dated: 29/12/2008

December 29, 2008 781 Views 0 comment Print

In view of the above, I am directed to clarify that the classification of ‘Combined refrigerator freezer with separate external doors’ would be under sub- heading 8418 10 and not under 8418 21, as was being followed by certain Customs field formations. Accordingly, these goods are not covered under Sl.No.50 of the notification No.85/2004-Customs dated 31.8.2004.

New Procedure for payment of fees and taxes by unregistered dealers

December 26, 2008 1942 Views 0 comment Print

A new procedure has been prescribed for the payment of taxes, fees and returns by the dealers or employers seeking registration or not registered or not required to registered under MVAT Act vide Trade Circular 42-T of 2008 dated 26th December 2008.

Notification No. 63 (RE-2008) dated 21.11.2008 and No. 64 (RE-2008) dated 24.11.2008-transitional arrangements thereunder

December 22, 2008 523 Views 0 comment Print

It is brought to the notice of all concerned that vide these Notifications transitional arrangement available under Para 1.5 of FTP have not been stopped. Thus, the transitional arrangements in respect of items whose import has been restricted vide the said Notifications shall continue. Similarly, where the shipment has been made prior to the date of issue of these Notification(s), as per Para 9.11A of HBP- vI, those imports may also be allowed.

Circular No. 880/18/2008-Central Excise, Dated: 22.12.2008

December 22, 2008 1117 Views 0 comment Print

The Notification SRO-91 dated 16.03.2006 issued by the Government of J & K states that every registered industrial unit claiming tax (VAT) remission shall make price adjustment in the selling price equivalent to the amount of tax chargeable on the finished goods sold, where after the tax shall be charged on the net selling price so that the benefit of such price adjustment is passed on to the purchasing dealer/consumer

Import of Trucks/Tippers/Dumpers etc. under EPCG Scheme

December 19, 2008 1363 Views 0 comment Print

The matter was discussed in the Port Officers meeting held on 25th November 2008. It is hereby clarified that import of Tippers/Dumpers and spares thereof including tyres are allowed to be imported as mining equipment under EPCG Scheme by mining establishments subject to the following conditions.

Procedure relating to sanction and pre-audit of refund claims-regarding

December 19, 2008 6283 Views 0 comment Print

A suitable Public Notice and Standing Order may be issued for the guidance of the trade and staff. Difficulties faced, if any, in implementation of the Circular may be brought to the notice of the Board at an early date.

Income Tax – Circular on Charitable purpose’ under section 2(15)

December 19, 2008 4216 Views 0 comment Print

Circular No. 11/2008-Income Tax Definition of ‘Charitable purpose’ under section 2(15) of the Income tax Act, 1961 – reg.Section 2(15) of the Income Tax Act, 1961 (‘Act’) defines “charitable purpose” to include the following:- (i) Relief of the poor (ii) Education (iii) Medical relief, and (iv) the advancement of any other object of general public utility.

Import of toys-Compliance with labeling requirements under Standards of Weights and Measures (Packaged Commodities) Rules, 1977-Instructions-reg

December 18, 2008 1261 Views 0 comment Print

The Ministry of Consumer Affairs and Public Distribution, Department of Consumer Affairs has again brought to the notice of the Board about the need to comply with the requirement of Standards of Weights and Measures (Packaged Commodities) Rules, 1977, in specific reference to import of toys.

Submission of MVAT Audit Report for 2007-2008 in Old Format

December 18, 2008 2128 Views 0 comment Print

The Government of Maharashtra has issued Trade Circular No. 41 T of 2008 dated 18.12.2008 allowing the submission of VAT Audit Reports for the Financial Year 2007-2008 in old Form No.704 also.

SEBI : Review of Provisions relating to Close Ended Schemes

December 11, 2008 343 Views 0 comment Print

. NAV shall be computed and published on daily basis.It has also been decided that a close ended debt scheme shall invest only in such securities which mature on or before the date of the maturity of the scheme.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031