All the Chief Commissioner of Customs are requested to issue necessary instructions to the concerned assessing officers in their jurisdiction to strictly follow the above said instructions and difficulties, if any, may be brought to the notice of the Board immediately
Circular No. 681/72/2002-CX The appeal filed by the Board against CEGAT Judgement in the case of M/s.Mahindra & Mahindra Ltd. [1998 (103) ELT 606 (T)] alongwith similar matters in the case of M/s.Hindustan Motors Ltd. [1998 (101) ELT 198 (T)] and M/s.Escorts Tractors Ltd. [1999 (078) ECR 342 (T)] have been dismissed by the apex court on 27.1.2000.
Here in the present matter, it is an admitted fact that the order of the Supreme Court is not a speaking one, as such, the same cannot be said to be a reasoned order. So, in view of the ratio of the judgments
Accordingly, a notification bearing No.80/2002-Cus, dated 10th December,2002 has been issued in this regard. A copy of the same is enclosed for ready reference. The said Notification will be effective from 10th December, 2002.
In exercise of powers conferred by Sub-section (2) of Section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rule 13 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby rescinds the notification of the Government of India, in the erstwhile Ministry of Finance (Department of Revenue), No. 128/2001-Customs, dated the 21st December, 2001 [G.S.R. 916 (E), dated the 21st December, 2001], except as respects things done or omitted to be done before such rescission.
Rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate, which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act and the relevant date for determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.
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 makes the following further amendments in the notification of the Government of India, in the erstwhile Ministry of Finance (Department of Revenue) vide number 137/2000-Customs, dated the19th October,2000, namely.
Notification No. 384-Income Tax In exercise of the powers conferred by clause (ii) of subsection (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the bonds in the nature of debentures, detailed below, issued by the “Industrial Credit and Investment Corporation of India limited, Mumbai,” in its public issue of Safety Bonds-February
Notification No. 382-Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961) the Central Government hereby specifies the bonds in the nature of debentures, detailed below, issued by the “Industrial Credit and Investment Corporation of India Limited, Mumbai,” in its public issue of Safety Bonds-October, 2000, for the purpose of the said clause
Notification No. 381-Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the bonds in the nature of debentures, detailed below, issued by the “Industrial Credit and Investment Corporation of India Limited, Mumbai” in its public issue of Safety Bonds-August, 2000, for the purpose of the said clause
