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Circulars

import Manifest (Vessels) Amendment Regulations, 1995 – Instructions regarding

April 10, 1995 682 Views 0 comment Print

I am directed to forward herewith a copy of Customs Notification No. 17/ 95-Customs (N.T.), dated 13.3.1995, notifying the Import Manifest (Vessels) Amendment Regulations, 1995 which seek to amend the Import Manifest (Vessels) regulations, 1971. The said Amendment

Renewal of warehousing licence may be done by Collectors

April 7, 1995 814 Views 0 comment Print

I am directed to refer to the correspondence resting with Board’s instructions F.No. 473/ 349/ 87 -CUS- VII dated 20.7.89 and F.No. 473/ 21/90-CUS- VII dated 22.11.90 on the above subject and to say that the Board is considering the grant of private bonded

Duty Drawback-Revised Procedure for drawal of samples

April 6, 1995 3076 Views 0 comment Print

I am directed to invite your attention to Ministry’s F.No. 609/ 284/ 94- DBK (Circular 24/94) dated 12.10.94 prescribing the frequency of drawal of samples for purposes of grant of drawback

Sri Lankan Goods imports into India on Concessional Duty

April 6, 1995 229 Views 0 comment Print

The undersigned is directed to enclose a copy of Notification No. 84/ 95-Cus. dated 01.04.951. which prescribes concessional rates of basic customs duty on certain goods imported into India from Sri Lanka

Circular No. 116/27/95-Central Excise, Dated: 06.04.1995

April 6, 1995 427 Views 0 comment Print

Circular No. 116/27/95-CX Though onus to satisfy the conditions of Notification 203/92-Cus. before the Customs authorities including non-availment of credit is placed on the Importer/ exporter, they may have to approach the Central Excise formations to secure a verification certificate for the purpose.

Facbrics woven from Bleached, Dyed Yarn – Dutiability – Regarding

April 6, 1995 406 Views 0 comment Print

Circular No. 115/26/95-CX I am directed to refer to the changes made in the 1995 budget in the tariff description of fabrics falling under Chapter 52, 54 and 55 and to state the certain doubts have been raised regarding the duty liability of woven fabrics made from bleached or dyed yarn.

Duty Exemption Scheme-Customs clarifications on the new EXIM policy

April 5, 1995 739 Views 0 comment Print

Ministry of Commerce have published a revised edition of Export & Import Policy for the period 1992-97 on 31.3.95. The changes in the Exim Policy take effect from 1.4.95. Duty Exemption Scheme in the revised Exim Policy has undergone many important changes. Consequential notifications

Central Excise – Notification No. 77/95-Central Excise* and 78/95-CE both dated 3rd April, 1995 reg.

April 5, 1995 361 Views 0 comment Print

Circular No. 114/2/95-CX Notification No. 77/95-CE amends Notification No. 35/95-CE dated 16.3.95 so as to fully exempt twisted polyester filament yarn and twisted nylon filament yarn which are manufactured out of textured or draw twisted polyester filament yarn and textured nylon filament yarn respectively

Instructions relating to issuance of Invoice (s) under Rule 57-G of Central Excise Rules -Regarding

April 4, 1995 370 Views 0 comment Print

Circular No. 113/24/95-CX I am directed to refer to Board”s Circular No. 96/7/95-CX dated 13th February, 1995 issued from F.No. 267/ 9/ 95-CX-8 on the above mentioned subject

Circular No. 702-Income tax dated 3-4-1995

April 3, 1995 663 Views 0 comment Print

Circular No. 702-Income tax Under the provisions of section 80DD of the Income-tax Act, 1961, an assessee who is resident in India being an individual or a Hindu undivided family is allowed a deduction of Rs. 15,000 for expenditure incurred in respect of handicapped dependants subject to the following conditions

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