It is, accordingly clarified that (i) supply of goods made to projects financed by agencies / funds notified by the Department of Economic Affairs and covered under Appendix 33 of Handbook of Procedures would continue to be eligible for deemed export benefits covered under para 8.3 (a) & (b), viz., (a) advance license for deemed exports, and / or (b) deemed export drawback, as the case may be.
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.110/2004-NT-Customs, dated the 27th September, 2004 [S.O.1052(E), dated the 27th September, 2004], the Board hereby determines for the purposes of said section relating to export goods.
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.109/2004-NT-Customs, dated the 27th September, 2004 [S.O.1051(E) dated the 27th September, 2004], the Board hereby determines for the purposes of said section, relating to imported goods.
An application in the form given in Appendix- 12B along with the documents prescribed therein, shall be made by the supplier to the Regional Licensing Authority concerned. The recipient may also claim the benefits on production of a suitable disclaimer from the supplier along with non-availment of CENVAT credit certificate from the Jurisdictional Excise Authority in addition to the prescribed documents.
This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
Further, the field formations have also expressed doubts regarding para 4(i) of the Board’s Circular No.56/2004-Cus, dated 18.10.2004 as to whether in such cases the containers should be allowed to be removed after payment of Customs duty or in bond . It is clarified that such facility has been provided to manufacturer importers of metals scrap which have landed on or before 25.10.2004.
Notification No. 267-Income Tax Income Tax Notification No: 267 (25-Oct-04) Income-tax (Twelfth Amendment) Rules, 2004 In exercise of the powers conferred by Section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962
In exercise of the powers conferred by clauses (a) of section 152 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance, (Department of Revenue), No. 33/94-CUSTOMS(NT), dated the 1st July 1994, namely:-In the said Notification, in the Table A, in item (ii), for the words “rupees fifteen lakhs”, the words “rupees two Crores” shall be substituted.
In exercise of the powers conferred by Section 83 of the Finance (No. 2) Act, 2004 (23 of 2004), the Central Government hereby appoints the 1st day of November, 2004, for the purposes of that section.
In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Central Excise (Adjudication), New Custom House, Air Cargo Complex, New Delhi, to act as; ( i ) Commissioner of Customs, Inland Container Depot, Tughlakabad , New Delhi; (ii) Commissioner of Customs, Jamnagar ; (iii) Commissioner of Customs, Kandla ; (iv) Commissioner of Customs (Ports), Chennai; and (v) Commissioner of Central Excise, Faridabad , for the purpose of adjudicating the matters relating to Show Cause .
