In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, as amended from time to time, Director General of Foreign Trade hereby lays down the following procedure for export of certified organic products, in supersession of earlier Public Notice No. 72 (RE-2003)/2002-2007 dated 21.07.2004.
It has been made explicit that where the claim for Duty Drawback is filed with reference to the rate in the AIR Schedule, an application for fixation of Brand Rate under Rule 7 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 shall not be
Order No. 209 of 2014 – Transfer/Posting in the grade of Commissioner of Income Tax – reg. Vide Order No. 209 of 2014 dated 15.11.2014, the CBDT has ordered the local transfer & posting of 465 officers in the grade of Commissioners of Income-tax. Order No. 207 of 2014 – Transfer/Posting in the grade of Additional/Joint Commissioner of Income Tax – reg. Vide Order No. 207 of 2014 dated 15.11.2014 , the CBDT has ordered the transfer & posting of officers in the grade of Additional / Joint Commissioners of Income-tax.
Pursuant to the references received relating to valuation of iron ore entered for export, the Central Board of Excise and Customs vide Circular No. 12/2014 – Customs dated November 17, 2014 has prescribed the specified procedures to be adopted by all Custom Houses in order to bring in uniformity, transparency and consistency in assessment of export of Iron Ore, fines and pellets. For details, please read the Circular given below-
CIRCULAR NO. 16/2014 Chapter XIX-A of the Income-tax Act, 1961 contains provisions relating to settlement of cases by the Income-tax Settlement Commission (ITSC). The provisions contained in the said chapter were amended by Finance Act, 2007 and a Revised Settlement Scheme was put in place. Explanatory Circular No. 3/2008 dated 12.03.2008 issued by CBDT vide para 61
The tariff items and descriptions of goods in the said Schedule are aligned with the tariff items and descriptions of goods in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) at the four-digit level only.
In the Companies (Central Government’s) General Rules and Forms, 1956, in Rule 12A, for the brackets and words “(Accounts) in the Department of Company Affairs”, the words “in the Ministry of Corporate Affairs” shall be substituted.
(1) These rules may be called the Customs, Central Excise Duties and Service Tax Drawback (Amendment) Rules, 2014. (2) They shall come into force on 22nd November, 2014.
Notification No. 71/2014-Income Tax (i) against serial number 6 in column (4), the number and words “(x) Principal Commissioner/Commissioner of Income-tax (Central), Vishakhapatnam” are inserted; (ii) against serial number 6 in column (5) the word “Vishakhapatnam” is inserted against the number and words “(x) Principal Commissioner/Commissioner of Income-tax (Central) Vishakhapatnam” so inserted in column (4);
In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the
