Notification No. 242 – Income Tax In the Notification vide S.O 1484 (E), published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (ii) on 30th of August, 2007
In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of the Foreign Trade Policy, 2004-2009, as amended from time to time, the Central Government hereby makes the following additions with immediate effect at the end of Paragraph 3 Notification No. 45 (RE-2006)/2004-2009 dated 09.02.2007.
In exercise of the powers conferred by Sub-section (2A) of Section 10E read with clause (a) of Sub-section (1) of Section 642 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the Following rules to amend the Company Law Board Qualifications, Experience and other Conditions of Service of Members) Rules, 1993, namely.
Notification No. 39/2007 – Service Tax . In exercise of the powers conferred by sub-sections (1) and (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Service Tax Rules, 1994, namely :-
For the purposes of this notification, “applied rate of duty” means the standard rate of duty specified in the First Schedule to the said Customs Tariff Act, 1975 in respect of the goods specified in the said Table, read with any other notification for the time being in force, issued in respect of such goods under sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962).
In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009 (as amended from time to time), the Central Government hereby makes following amendment in the Paragraph 3 of Notification No.15(RE-2006)/2004-2009 dated 27.06.2006 (as amended).
Activity related to all phases prior to “production” such as design, design research, design analysis, design concepts, assembly and testing of prototypes, pilot production schemes, design data, process of transforming design data into a product, configuration design, integration design, layouts.
In second paragraph of Condition 6 of Chapter I A (General Notes to Import Policy) of the ITC (HS) Classifications of Export and Import Items 2004-2009 notified vide Notification No. 23 dated 14th August, 2007, M/s MMTC Limited, wherever appearing.
In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby rescinds the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 67/2005-Customs, dated the 19th July 2005, published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, dated the 19th July, 2005, vide number G.S.R. 480 (E), dated the 19th July, 2005, except as respects things done or omitted to be done before such rescission.
Therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rules 18 and 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government.
