Circular No. 290/6/97-CX As per existing instructions, a party has an option to waive show cause notice provided the charges are explained to the party. However, it has come to the notice that in some cases such waiving of show cause notice is creating problems particularly when cases involve offences or high stakes and / or involve offences or high stakes and/ or involve legal questions.
Circular No. 289/5/97-CX Representations have been received to the effect that consequent to Board”s letter of even number date 26.8.96 wherein it was mentioned that the benefit on notification No. 1/ 95-CE dated 4.1.95 cannot be extended to goods, inter – alia, air-conditioners used for maintenance/ repair of machinery, computer, etc., field formations are not allowing the benefit of the said notification even to those cases where such air-conditioners are required and essential for the manufacture or production of goods by a 100% EOU/ EHTP/ STP unit
Circular No. 288/4/97-CX Consequent upon introduction of self assessment system, amendments in Rule 9B has been affected by Notification No. 36/96-CE(NT) dated 20.11.96 to align it to the new system. The assessee may request for provisional assessment in two situations
Circular No. 287/3/97-CX Sub-Section (2) of Section 4 of the Central Excise Act, 1944 provides for exclusion of the cost of transportation from the place of removal to the place of delivery, from the value of excisable goods, where the price thereof for delivery at the place of removal is not known and the value is determined with reference to the price for delivery at a place other than the place of removal.
Attention is invited to Ministry’s Circular No. 131/-95-Customs dated 20th December, 1995, 24/96-Cus. Dated 19th April, 1996 and 40/96-Customs dated 19th July, 1996 specifying the procedure for monitoring of export obligation under Duty Exemption Scheme and E.P.C.G. Scheme.
Circular No. 286/2/97-CX On gate passes issued by 100% EOU for the period 1.4.94 to 10.8.94 and on invoices issued by such units for the period 11.8.94 to 12.2.96 on the ground that these documents were not prescribed as a document for the purpose of Modvat.
Circular No. 750-Income Tax Circular No. 748, dated 19th December, 1996 (Clarification 1) laid down guidelines in respect of approved investments for purposes of section 54EA and section 54EB of the Income-tax Act. Subsequent to the issue of those guidelines, the Income-tax (Second Amendment) Ordinance, 1996 has been promulgated on 31-12-1996. By virtue of section 2 of the Ordinance, shares
Circular No. 285/1/97-CX I am directed to enclose the text of the scheme announced by the Government to allow reversal of the Modvat credit availed by exporters in contravention of the conditions of the Value Based Advance Licensing Scheme which has already been circulated by the Directorate of Drawback vide DO F.No.605/140/95-DBK dated 3.1.97. The conditions subject to which the benefit of the present scheme is being extended is set out in the enclosed 1 text.
Circular No. 284/118/96-CX Discharge of the bond/ grant of credit in running bond account in cases where bond is executed under rule 13 or rule 14 in invariably delayed because of the time taken in reaching acceptance of proof of export in the office of Jurisdictional Range Officer from the Maritime Commissioner. In this regard, suggestions have been made that instructions could be issued by allowing provisional credit in running bond on the strength of exporters” copy of AR-4 certified by Customs
Circular No. 283/117/96-CX It has been represented to the Board that the field formations have taken a view that credit on inputs cleared as such for export under bond cannot be allowed to be utilised for payment of duty on final products cleared for home consumption nor can it be refunded in cash. In this regard
