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Notifications/Circulars

Notification No. 10(RE-99) 1997-2002, Dated: 27.05.1999

May 27, 1999 508 Views 0 comment Print

Notification No. 10 (RE-99) 1997-2002 mandates maize import through Food Corporation of India and PEC Limited, dated 27th May 1999.

Procedure of transhipment of export cargo from gateway ports like Chennai and JNPT – reg.

May 27, 1999 3109 Views 0 comment Print

The Export Promotion Board has examined the request of the trade that transhipment of containers of export cargo may be allowed at gateway ports like Chennai and JNPT, whereby goods which are customs cleared for shipment in small ports would be transhipped by coastal vessels to the gateway ports from where they would be sent on foreign voyage by foreign-going vessels. Similarly, on return

Policy Circular No. 10 (RE-99)/99-2000, 27.5.1999

May 27, 1999 556 Views 0 comment Print

The matter has been considered carefully and it is clarified that in terms of Public Notice No. 6 (RE-99) dated 6.4.1999, wherever exports have already been completed prior to the date of this Public Notice, but exports have been completed outside the export obligation period, then such exports are deemed to have been made within the prescribed export obligation period and no penalty is to be charged for such regularisation /extension. However , no refund whatsoever is permissible in cases where any penalties etc may have already been paid.

Clarification on various provisions of Handbook (Vol.1)

May 27, 1999 427 Views 0 comment Print

Representations have been received from the individual exporters as well as Synthetic and Rayon Textiles Export Promotion Council regarding classification of sarees/dhoties/lungies in textile group under DEPB scheme. The matter has been examined and it has been decided that unhemmed and or unstiched sarees/ dhoties/ lungies are classifiable as fabrics whereas hemmed and or stiched sarees/dhoties/lungies are classifiable as madeups under the DEPB scheme.

Circular No. 458/24/99-Central Excise, Dated: 27.05.1999

May 27, 1999 670 Views 0 comment Print

Circular No. 458/24/99-CX I am directed to say that in pursuance of the announcement by the Finance Minister in his Budget Speech 1999-2000 that as a measure of simplification of administrative procedure, the SSI units will be permitted to pay excise duty on monthly basis with effect from 1st June 1999, Notification No. 36/99-Central Excise (N.t.) dated 26th May, 1999 has been issued whereby new Rule 173GG has been inserted.

Surrender of three times SIL for import under SIL

May 26, 1999 736 Views 0 comment Print

Attention is invited to para 2 of Notification No. 2 (RE-99)/1997-2002 dated 31.3.99 wherein it is notified that any item importable under Special Import License (SIL) shall be importable on surrender of SIL equivalent to three times the c.i.f. value of imports, except in those cases where the requirement of surrender of SIL is more than three times the c.i.f. value of imports.

Anti-dumping duty on Acrylonitrile-butadiene rubber (NBR) Originating in or exported from Japan

May 26, 1999 1111 Views 0 comment Print

in the matter of import of Acrylonitrile-butadiene rubber (hereinafter referred to as NBR) falling under subleading No.4002.59 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Japan, the Designated Authority vide its final findings, published in the Gazette of Inida, Extraordinary, Part I, Section 1, dated the 19th October, 1995 and come to the conclusion.

100% Export Oriented Units and Export Oriented Units in Export Processing Zones/Free Trade Zones – amendments regarding.

May 25, 1999 1465 Views 0 comment Print

The revised EXIM Policy, 1997-2002 & corresponding Hand Book of Procedures (HOP), incorporating amendments in the policy upto 31-3-99, comes into force from 1st April 1999. The amendments made in the Chapter-9 of the EXIM Policy and Handbook of Procedures and agreed to, by our Department have necessitated amendments in notifications, governing standalone 100% EOUs

Application of PPFA Act 1954 on the clearance of consignments of food articles – instruction – regarding

May 25, 1999 490 Views 0 comment Print

Ministry of Health and Family Welfare, New Delhi have brought to the notice of Board that some imported consignment of food articles have been cleared by Customs without getting the samples analysed in terms of PFA, Act, 1954. As clearance of imported food articles without analysis may involve the risk of entry of adulterated/contaminated food articles into the country, they have requested

Notification No. S.O.1543 – Income Tax Dated 25/5/1999

May 25, 1999 453 Views 0 comment Print

Notification No.S. O. 1543 – Income Tax It is notified for general information that enterprise, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002

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