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 the goods specified in column (3) of Table below, and falling under the Chapters of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in the corresponding entry in column (2) of the said Table, when imported into India for use in the manufacture of the finished goods specified in the corresponding entry.
In this connection it is clarified that overall ban on export of onion still continues despite the partial lifting of ban on export of Bangalore Rose onion, Krishnapuram onion and export of 3000MTs of all varieties of onion to Sri Lanka through NAFED as also permission to export of 25,000 MTs per month of onions for the next three months through the agency to be designated by the Government of Maharashtra or by the Associate Shippers registered with the Maharashtra Government designated agency.
It is therefore, clarified that as per S.No. 16 of Schedule 2 Appendix 1 of the book titled ” ITC(HS) Classifications of Export and Import Items, 1997-2002, ” export of onion as a part of assorted vegetables is allowed freely upto twenty kg. only per consignment by air to all permissible destinations subject to any other law for the time being in force despite the continuing restriction on the export of onions.
Circular No. 441/7/99-CX I am directed to refer to Notification No. 7/99-CE(NT) dated 9/2/1999 issued to amend Modvat Rules. The aforesaid notification has been issued to insert sub-rule (11) in Rule 57G and sub-rule(13) in Rule 57T of the Central Excise Rules, 1944 so as to empower the Assistant commissioner of Central Excise having jurisdiction over the factory of the manufacturer to allow credit of duty paid on inputs/capital goods ignoring minor procedural lapses in falling the declaration or the invoice/document based on which credit is to be taken.
It has been decided that holders of Advance licences with natural rubber as one of the inputs shall procure their requirement of natural rubber from STC only. Accordingly all the licensing authorities are advised that henceforth while issuing any advance license, as per policy, with natural rubber as one of the import item, they shall first invalidate the advance licence for direct import of natural rubber and thereafter shall issue ARO for procurement of natural rubber from STC of India Ltd. at or below international price.
Notification No.S. O. 589 – Income Tax In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Sri Nandaneshwara Temple, New Mangalore, Karnataka, to be a place of public worship of renown throughout the State of Karnataka for the purpose of the said section
I am directed to refer to Notification No. 84/97-Cus dated 11th November, 1997 which exempts goods impored into India by the United Nations or an International Organisation for execution of the projects financed by these agencies from the duty of customs, Additional Customs Duty and special custom duty. Some difficulties have been expressed by project authorities under different
Reference as well as representations have been received in the Board regarding admissibility of made ups made out of yarn dyed fabrics for DEPB credit
The matter has been examined in the light of Notification No. 12/99-CUSTOMS dated 1.2.1999 issued by Department of Revenue. It has now been decided that the Designated Authorities of Pass Book Scheme and Commissioner of Customs must finalize the claims and grant credits, wherever admissible, positively by 31.3.1999. The credits granted under the Pass Books can be utilized on or before 30.6.1999 and the unutilised credit shall lapse .
Notification No.S. O. 114(E) – Income Tax In exercise of the powers conferred by sub-clause (viii) of clause (10C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Indian Institute of Foreign Trade, New Delhi, registered under the Societies Registration Act, 1860 (21 of 1860), as an Institute of Management for the purpose of the said clause
