Notification No. 61-Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies tax-free Bonds of the National Housing Bank-Swarna Jayanti Rural Housing Finance, 2000-2001 of rupees one lakh each
Circular No.628/19/2002-CX I am directed to invite your attention to Board’s Circular No.72/88-CX6 dated 4.10.1988 vide which it was directed to issue protective show cause notices to demand duty on cotton yarn on cops/cones consumed captively or sent outside factory premises for conversion into Hank yarn till a final decision in the matter is communicated.
19th March, 2002 Notification No. 3/2002 – Service Tax In exercise of the powers conferred by section 93 of the Finance Act, 1994 (32 of 1994), the Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of […]
It has been already clarified in Departmental Circular No. 6/2001 dated 20.08.2001 that the term “auditors” includes Cost Auditor and hence “scope of audit including observations of the auditors” occurring in the above sub-section includes the scope of audit including observations of the Cost Auditors as well.
Circular No.627/18/2002-CX I am directed to invite your kind attention to Board’s Circular No.9/83-CX 6 dated 20.6.1983 and Circular No.33/90-CX 8 dated 31.09.1990 vide which monetary limits for pre-audit/post audit of refund and rebate claims were prescribed. Board has been receiving requests for revision in monetary limit of the claims below which selective post audit could take place to enable Audit wings to devote time to more important areas of work.
Representations have been received from the Indian Silk Export Promotion Council that since the basic raw material in all the silk products and fabrics
Notification No. 49 (RE-2001) removes export ceilings and registration requirements for certain agricultural products, effective from 5th March 2002.
The principal notification was published in the Gazette of India vide G.S.R. 409(E), dated the 1st June, 2001, and it was amended vide notification No.30/2001-Customs(N.T.) dated the 22nd June,2001 vide G.S.R.451(E) dated the 22nd June, 2001, notification No.50/2001-Customs(N.T.) dated the 4th October, 2001 vide G.S.R. 756(E) dated the 4th October,2001 and notification No.60/2001-Customs(N.T.) dated the 26th November, 2001 vide G.S.R. 863(E) dated the 26th November, 2001.
Regulation 56 of the Regulations also requires a mutual fund to publish through an advertisement its scheme-wise annual report or an abridged summary thereof not later than six months from the date of closure of relevant accounting year and a copy of the abridged annual report is required to be sent to each unitholder.
In case of applicants at 2(a) above, Value of the licence to be issued in one year shall be limited to 50% of the average CIF Value of imports made by them during the years when this item was under SIL.
