Government of India have taken a number of important decision, as a part of the Scheme Uperation Instant Cargo, for the expeditious clearance of cargo lying unclaimed/ uncleared in the seaports, Airports and Aircargo within a specified complexes tim
Circular No. 343/59/97-CX I am directed to draw your attention to Board”s Circular NO. 209/43/96-CX (F.No. 209/62/95-CX.6) dated 9.5.96 vide which rebate in respect of duty element suffered on processing of cotton fabrics used for manufacture of made-up articles exported was allowed to be claimed by the exporters of such made-ups. Similar facility facility was extended to exporters of man-made fabrics/ sarees. A doubt has been raised whether after the issue of notification No. 49/96-Cus. (N.T.) dated 22.10.96, the aforesaid Circulars are valid.
It has brought to the notice of the Board by the C & AC that certain 100% EOUs or the Export Houses through which the export were routed have availed of the benefits of Advance Licence Scheme also and thus the same exports were being Counted towards fulfilment of export obligation under both the Schemes viz EOU as well as Advance Licence Scheme
I am directed to enclose RBL’s letter IBS No. 452/ 23.67.002/ 97-98 dt. 30.8.97 authorising seven Banks as the Nominated Agencies for the import of Precious Metals under various, jewellery Export Promotion Schemes as per the EXIM Policy 1997-2002. For supply of metals for export manufacture under these Schemes, the Board has considered to given the following relaxation within the overall
Circular No. 756-Income Tax The Central Government has recently notified new scales of pay and allowances for different categories of Government employees based on the recommendations of the 5th Pay Commission. In addition, the employee will be entitled to substantial amounts of arrears. As a result of this increase
In cases where duplicate shares have been issued to a third party under the provisions of section 108 (1)A of the Companies Act, the company should also provide the name and address of the third party to whom the duplicate shares have been issued along with the date of request for duplicate shares by the third party.
Circular No. 342/58/97-CX I am directed to refer to the Chapter notes introduced in this year”s budget enlarging the scope of the term “manufacture” in respect of products falling under chapters 28, 29, 34, 35, or 38 of the central excise tariff.
Notification No.S.O.714(E) – Income Tax In exercise of the powers conferred by section 80-IA of the Income-tax Act, 1961, (43 of 1961), as amended by section 3 of the Income-tax (Amendment) Ordinance, 1997 (15 of 1997), and in supersession of the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) number 636(E), dated 3rd September, 1997, except as respects things done or omitted to be done before such supersession, the Central Government specifies the following districts as
Notification No.S.O.713(E) – Income Tax In exercise of the powers conferred by section 80-IA of the Income-tax Act, 1961 (43 of 1961), as amended by section 3 of the Income-tax (Amendment) Ordinance, 1997 (15 of 1997), the Central Government hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
Circular No. 341/57/97-CX I am directed to say that doubts have been expressed about the appropriate classification of instrument cluster whether under heading 87.08 as parts and accessories of motor vehicles or under heading 90.31 as measuring and checking instrument.
