ST Circular No. 57/6/2003 21st April,2003 F.No.137/19/2003 CX.4 Government of India Ministry of Finance & Company Affairs Department of Revenue Central Board of Excise & Customs Subject:- Irregular Levy of Service Tax by the service providers @8% after budget i.e. 1-3-2003- regarding It has come to the notice of the Board that service providers have […]
the infrastructure of the exchange and the surveillance system to effectively monitor trading in Interest Rate Derivative Contracts,
In this regard, it is stated that the issue has been examined in consultation with the Ministry of Textiles and in view of the comments made available it is hereby clarified that the imports of the following items of textile are exempted from the condition of production of pre-shipment certificate.
The undersigned is directed to refer to General Circular No: 13/2003 dated 25.3.2003 and General Circular No: 15/2003 dated 9.4.2003 regarding Simplified Exit Scheme. Though the scheme has been well received by professionals and corporate sector, clarifications/amplifications on certain issues have been sought for effective implementation of the scheme.
Circular no. 707/23/2003-CX For the purpose of processing application for ad-hoc exemption to an institution/organisation under Central Excise Act, guidelines issued vide CBEC Circular no.33 issued vide F.No. 467/43/99-Cus-V dated 13th June 1999 has been made applicable. In order to bring uniformity and simplicity in processing such applications for ad-hoc exemption, the procedure detailed as following is required to be observed.
The exchanges are also directed to communicate to SEBI, the status of the implementation of the provisions of this circular in Section II, item no. 13 of the Monthly Development Report for the month of April 2003.
The undersigned is directed to General Circular No: 13/2003dated 25.3.2003 on the above mentioned matter regarding Simplified Exit Scheme.
Circular No. 706/22/2003-CX I am directed to refer to Board’s Circular No.500/66/99-CX dated 15.12.1999 on the above mentioned subject in which the decision of the Board was conveyed that as a measure of simplification of export procedure, Commissioner of Central Excise (excluding those under whose jurisdiction the office of the Maritime Commissioner already exists) will designate one Deputy/Assistant Commissioner of Central Excise as “Deputy/Assistant Commissioner of Central Excise (Export)” who will discharge the functions as being discharged by existing Maritime Commissioner so far as export under (erstwhile) Rule 13(1)(a) and Rule 14 of Central Excise Rules, 1944 are concerned.
Circular No. 705/21/2003-CX I am directed to refer to instructions contained in Part-III Chapter VII of Central Excise Manual prescribing Simplified Export Procedure for exempted units. This procedure inter alia envisages that the goods meant for export can be cleared on the invoices (instead of regular ARE-1) or other similar documents of the manufacturer-exporters containing particulars of description of goods, name and address of the buyer, destination, value, date and time of removal of goods, etc.
The matter has been examined further. It has now been decided that the request for waiver of interest in case of re-export of capital goods may be considered favourably, if on clearance, such goods would not be installed, commissioned and used due to the facts that the goods were found defective or sub-standard, and therefore unfit for usage.
