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Notifications/Circulars

This notification exempts aircraft equipment, fuel in the tanks of the aircraft etc

July 13, 1994 1468 Views 0 comment Print

Explore Notification No. 151/94-Cus. exempting aircraft equipment, engines, fuel, and lubricating oil imported by Indian Airlines, United Arab Airlines, and Indian Air Force.

Notification No. 148/94-Customs, dated: 13.07.1994

July 13, 1994 9505 Views 1 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, bemg satisfied that it is necessary in the public interest so to do, hereby exempts goods (hereinafter referred to as the said goods) of the description specified in column (2) of the Table hereto annexed and falling within the First Schedule to the Customs Tariff Act, 1975 .

Notification No. 147/94-Customs, dated: 13.07.1994

July 13, 1994 5770 Views 0 comment Print

renowned shot means a person certified by the National Rifle Association as ranking within the first twenty five in the National Championship held immediately preceding the importation.

Notification No. 146/94-Customs, dated: 13.07.1994

July 13, 1994 4525 Views 0 comment Print

Exemption to specified sports goods, equipments and requisites and mountaineering equipment imported by National Sports Federation or by a sports person of outstanding eminence for training. Challenge cups and trophies, medals and prizes won by Indian players.

Steps to check evasion of Central Excise duty on goods transported by Railways – Regarding

July 4, 1994 493 Views 0 comment Print

Circular No. 46/46/94-CX The matter has been taken up with the Railway Board which has informed that instructions have been issued to Zonal Railways to permit authorised officials of Central Excise and Customs Department to obtain information from Railway records. A copy of Railway Board’s Letter No. TC-I/94/215/1 dated 28.3.1994 addressed to the General Managers (C)

The notification exempts finished wool on leather manufactured from imported leather by a 100% EOU or a unit within a FTZ

June 24, 1994 697 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 finished wool-on leather falling under heading No. 14 of the Second Schedule to the Customs Tariff Act, 1975 (51 of 1975), and manufactured from imported leather by a hundred per cent export oriented undertaking or by a unit within a free trade zone when exported out of India, from the whole of the duty of customs leviable thereon which is specified in the said Second Schedule.

Notification No. S.O.482(E)-Income Tax Dated 23/6/1994

June 23, 1994 657 Views 0 comment Print

Notification No. S.O.482(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 5 years 10.5 per cent. (tax-free) Secured Redeemable Non-Convertible Bonds (II-Series Issue bearing distinctive number B 2360001 to B 2500000 aggregating to an amount of rupees fourteen crores) of Rs. 1000 each

The notification exempts specified goods imported for carrying out repairing, reconditioning etc

June 22, 1994 4051 Views 0 comment Print

(a) the repairs, reconditioning, reengineering, testing, caliberation or maintenance (including service) as the case may be, is undertaken in accordance with the provisions of section 65 of the Customs Act, 1962 (52 of 1962), and (b) the goods repaired, reconditioned, reengineered, tested, caliberated or maintained (including service) as the case may be, are exported and are not cleared outside the Unit.

The notification exempts specified goods imported for use in production of export articles etc

June 22, 1994 1717 Views 0 comment Print

The importer shall maintain a proper account of import, consumption and untilisation of the said goods and of exports made by him, and shall submit such account periodically to the Development Commissioner of the Zone, in such form and in such manner as may be laid down by the Development Commissioner.

Circular No. 685-Income tax dated 17-6-1994

June 17, 1994 1008 Views 0 comment Print

Circular No. 685-Income tax It has come to the notice of the Board that some of the employ­ers, including foreign companies operating in India, have been defaulting in deducting tax at source as required under section 192, on the salaries and allowances paid abroad, or perquisites provided abroad

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