I am directed to state that doubts have been raised by field formations that whether goods manufactured using materials obtained without payment of duty for use in manufacture of export goods under notification No.43/2001-C.E.(N.T.) dated 26th June, 2001 as amended, can be exported under claim of rebate of duty under rule 18 of Central Excise Rules
I am directed to state that in continuation of its efforts for-trade-facilitation, Central Board of Excise and Customs proposes to provide the facility of filing the monthly/quarterly excise returns, namely, ER-1, ER-2, ER3 under Central Excise Rules and dealers return prescribed under sub-rule (6) of rule 7 of the CENVAT Credit Rules, 2002 electronically to all manufacturers of excisable goods, EOUs and registered dealers.
The undersigned is directed to refer to the Notification 76/86-CE dated 10.2.86 providing excise duty exemption to handicrafts’, and Board’s circular No. 773/6/2004-CX dated 28 th January, 2004 on the above subject. Certain doubts have been raised about the scope of the aforesaid circular.
I am directed to say that a number of representations have been received in the Board seeking a clarification whether tea packed in containers of capacity more than 20 kgs. was leviable to Central Excise duty during the period 2.6.98 to 23.6.98. Prior to 2.6.1998 tea was exempt from Central Excise duty, vide Notification no. 05/98-CE dated 2.6.98 duty of 8% was levied on tea put up in unit containers bearing a brand name
It has been observed that financial institutions regularly come out with a public issue of unsecured redeemable bonds. These institutions file a shelf prospectus which states the total amount to be raised during the year
In this regard, it is informed that such matters involving policy issues/dispute settlement is handled by Ministry of Commerce through title Department of Revenue and may accordingly be referred to this Ministry.
To prescribe contractual obligations between the STP centralised hub and the STP service providers and to facilitate standardisation of service, a model agreement between the STP centralised hub.
In view of the above, you are advised to ensure that the sub-broker seeking registration is recognised by the exchange before the application is recommended to SEBI for registration as sub-broker.
I am directed to refer to Board’s Circular No. 396/29/1998-CX dated 2nd June, 1998 on the subject of taking recourse to coercive measures to recover duty demanded as a result of adjudication till such time as the stay applications have been disposed of by Commissioner (Appeals). Consequently
The circular appears to have created an impression in the field formations that the officers occupying cost recovery posts on promotion have a right to continue in the post indefinitely till they are absorbed against permanent vacancy in the equivalent posts.
