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Notifications/Circulars

Notification No. S.O.328(E) – Income Tax Dated 12/5/1999

May 12, 1999 510 Views 0 comment Print

Notification No.S. O. 328(E) – Income Tax In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes No. S.O. 939(E), dated 29th October, 1998, published at page 2 of the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), dated 29th October, 1998, at page 2, in line 9, for “(Twenty-fifth Amendment)”, read “(Twenty-fourth Amendment)

Notification No. 10923/1999 – Income Tax Dated 12/5/1999

May 12, 1999 418 Views 0 comment Print

Notification No.10923 – Income Tax In the notification of the Government of India, in the Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) number S.O. 939(E), dated the 29th October, 1999 published at (1999) 150 CTR (St) 4] published at page 2 in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) dated the 29th October, 1999, at page 2, in line 9, for “(Twenty-fifth

Revised guidelines for determination /verification of the Present Market Value (PMV) under DEPB Scheme- Regarding.

May 11, 1999 1189 Views 0 comment Print

A reference has been received from filed formations that under the provisions of the Customs Act, 1962, a period of 5 years has been provided for issue of Show Cause Notices in cases involving fraud/collusion/wilful mis-statement or suppression of facts. The Circular No. 69/97-Cus. dated 8.12.97 issued by the Board does not purport to restrict the statutory provisions of the Customs Act, wherever

Notification No. S.O.331(E) – Income Tax Dated 11/5/1999

May 11, 1999 510 Views 0 comment Print

Notification No.S. O. 331(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

Notification No. S.O.1375 – Income Tax Dated 11/5/1999

May 11, 1999 492 Views 0 comment Print

Notification No.S. O. 1375 – Income Tax In exercise of the powers conferred in clause (23G) of section 10 of the Income-tax Act, 1961, the Central Government hereby makes the following corrections to the list of enterprise at para 3(iii) of the Notification No. 10836, dated 24-3-1999 read with corrigendum issued vide Notification No. 10881, dated 29-4-1999

Notification No. 10902/1999 – Income Tax Dated 11/5/1999

May 11, 1999 436 Views 0 comment Print

Notification No.10902 – Income Tax In exercise of the power conferred in clause (23G) of section 10 of the Income-tax Act, 1961, the Central Government hereby makes the following corrections to the list of enterprise at para 3(iii) of the Notification No. 10836, dated 24th March, 1999 [published at (1999) 152 CTR (St) 225] read with Corrigendum issued vide Notification No. 10881, dated 29th April, 1999

This notification exemps high speed disel oil from the levy of additional duty

May 11, 1999 718 Views 0 comment Print

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 high speed diesel oil, falling under heading No. 27.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975).

Notification No. 6 (RE-99) 1997-2002, Dated: 08.05.1999

May 8, 1999 496 Views 0 comment Print

Government updates import restrictions for various stones, allowing Special Import Licences for high CIF values under Notification No. 6 (RE-99) 1997-2002.

Public Notice No. 08 (RE-99)/1997-2002, Dated: 08.05.1999

May 8, 1999 337 Views 0 comment Print

Government notice revises DEPB rates and value caps for plastic, chemical, engineering, and food products under the 1997-2002 Export and Import Policy.

General permission for release of imported currency – instructions regarding.

May 7, 1999 376 Views 0 comment Print

Under Section 13(i) of FERA, 1973 no person can bring or send into India any foreign exchange or Indian Currency except with special or general permission of RBI. Further, Import of Indian currency notes or coins by post is not permitted. As per the existing practice, whenever such notes / coins, received by post, are confiscated by the customs authorities, RBI is approached for grant of “no

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