The principal notification No.49/96-Customs dated the 23rd July, 1996 was published in the Gazette of India, Extraordinary, vide G.S.R.301 (E), dated the 23rd July, 1996 and was last amended by notification No.24/2002-Customs, dated the 1st March, 2002.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts all the equipments and consumable samples falling under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, by the Inspection Team of the Organization of Prohibition of Chemical Weapons, from the whole of the duty of customs leviable thereon which is specified in the said First Schedule and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely.
The principal notification No.21/2002-Customs dated the dated the 1st March, 2002, was published in the Gazette of India, Extraordinary, vide G.S.R.118 (E), dated the 1st March, 2002and was last amended by notification No118/2003-Customs, dated the 29th July, 2003.
As per the information provided by both the depositories 165 more companies have established connectivity with both the depositories.
Applications for advance licences under para 4.7 and under para 4.4.2 of the Handbook of Procedures, Vol 1 (1st April, 2003 – 31st march, 2007) for import of cardamom shall be issued by the Regional Licensing Authorities only under “prior import condition of cardamom.
Public Notice No. 20 (RE-03)/2002-2007 outlines amendments in the Export and Import Policy 2002-2007 for engineering product standards and input-output norms.
Notification No.185 – Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
Notification No.184 – Income Tax 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, namely
Notification No.183- Income Tax 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, namely
Circular No. 730/46/2003-CX A number of asessees are engaged in the manufacture of sugar. During the manufacture of sugar the press-mud comes out as waste. The department has been contending that the press-mud is an excisable commodity and is required to pay the duty leviable thereon. On the other hand, the Tribunal in their various judgments has held that the assesses in question are manufacturing sugar, and press-mud is only a residual waste and not a by-product and is not marketable and hence not excisable.
