In exercise of the powers conferred by paragraph 4.11 of the Export & Import Policy 1997-2002, the Director General of Foreign Trade hereby makes the following amendments in Schedule 2 , Table B of the Book titled ITC(HS) classifications of Export and Import Items 1997-2002.
In order to ensure the quality of audit, it has been decided that in case a company prefers to give audited results instead of unaudited results for the last quarter of the financial year of the company, then the company shall publish/submit the audited results within three months instead of two months from the end of the last quarter of the financial year.
Requests have been received from the trade as also the Ministry of Commerce that the EOU/EPZ/STP/EHTP unit should be allowed to install computers obtained duty-free in their administrative/registered office outside the bonded premises
In exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, 1975 (51 of 1975), read with Rules 12 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, and based upon the final findings of the Director General (Safeguards) dated the 12th May, 1999, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) dated the 11th June, 1999 vide No. G.S.R. 430 (E), that increased imports of Phenol.
Circular No. 464/30/99-CX This is with reference to manufacture of particle boards (plain and pre-laminated) made from sugarcane bagasse and other agricultural wastes. during the process of manufacture specially developed binders and mixed with the agricultural residues like dried sugarcane bagasse. These binder/resin/glues are specifically developed and made by the industry only for captive consumption and not for external sale.
Circular No. 463/29/99-CX Zafrani Zarda & Pan Masala Association of India has represented that their member units are engaged in manufacture of pan masala falling under chapter heading 21.06 and marketing in pouches of varous sizes, i.e. 2 gms, 4 gms., and 20 gms. The pouches are filled inby the automatic form fill and seal machines which are certified for weient by the competent authority under Section 37 of the Standards of Weights
A doubt has arisen as to whether the activities like mixing, sieving, assortment and cleaning etc. in respect of imported cut and polished diamonds and cut and polished coloured gemstones can be allowed to be carried out in the private/public bonded warehouses set-up under Paragraph 8.13 of the Import and Export Policy, 1997-2002, before being re-exported
Notification No.S. O. 513(E) – 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 the National Bank for Agriculture and Rural Development Tax-free Bonds-2004 (II Series) carrying an interest of 8.25% per annum payable half-yearly for a period of seven years of rupees one lakh each for an
Notification No. S. O. 510(E) – 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 7-years 14.5% Secured, Redeemable, Non-convertible and Taxable Debentures in the nature of bonds (VIIth Issue–I Series) of Rs. 1,00,000 each, carrying an interest of 14.5% per annum, payable half-yearly for an
Notification No.S. O. 509(E) – 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 5-years 13.5% Secured, Redeemable, Non-convertible and Taxable Debentures in the nature of bonds (VIIth Issue—II Series) of Rs. 1,00,000 each, carrying an interest of 13.5% per annum, payable half-yearly for an
