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Notification No. 89/2009 – Customs Duty, Dated: 31.08.2009

August 31, 2009 661 Views 0 comment Print

rate of exchange applicable for the purposes of calculation of anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962) and the relevant date for determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.

Exempt Services in relation to the transport of goods through national waterway, inland water and coastal shipping in certain cases

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NOTIFICATION No. 30/2009 – Service Tax Central Government exempts taxable service provided in relation to the transport of goods, the description of which is specified in column (2) of the Table, through national waterway, inland water and coastal shipping as referred to in sub-clause (zzzzl) of clause (105) of section 65 of the Finance Act, from the whole of service tax leviable thereon under Section 66 of the said Act.

Notification No. 29/2009 – Service Tax, dated 31-08-2009

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Notification No. 29/2009-Service Tax In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 1/2006-Service Tax, dated the 1 st

Notification on Exempts Services in relation to transport of goods by rail in certain cases

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NOTIFICATION No. 28/2009 – Service Tax Central Government hereby exempts the taxable service provided to any person in relation to transport of goods, the description of which is specified in column (2) of the Table, by rail as referred to in sub-clause (zzzp) of clause (105) of section 65 of the Finance Act, from the whole of the service tax leviable thereon under section 66 of the Finance Act.

Notification No. 63/2009 – Income Tax Dated 31/8/2009

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Notification No. 63/2009 – Income Tax It is hereby notified for general information that the organization Centre for Development of Advanced Computing, Pune has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income tax Act, 1961 (said Act), read with rules 5C and 5D of the Income-tax Rules, 1962 (said Rules) from assessment year 2009-2010 in the category

Agricultural Debt Waiver and Debt Relief Scheme, 2008– Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy

August 31, 2009 727 Views 0 comment Print

The asset classification of such accounts shall be determined with reference to the original date of NPA, (as if the account had not been treated as performing in the interregnum based on the aforesaid undertaking). On such down-gradation of the accounts, additional provisions as per the extant prudential norms should also be made.

Rescinds Notification No. 25/2009-Customs Duty, Dated: 23.03.2009

August 27, 2009 547 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 8B of the Customs Tariff Act, 1975 (51 of 1975), read with rules 10 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government hereby rescinds notification of the Government of India in the Ministry of Finance (Department of Revenue) notification No. 25/2009- Customs, dated the 23rd March, 2009, published in the Gazette of India ,Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.186(E), dated the 23rd March, 2009, except as respects things done or omitted to be done before such rescission.

Regarding imposition of provisional safeguard duty on imports of Dimethoate Technical into India

August 27, 2009 403 Views 0 comment Print

Nothing contained in this notification shall apply to imports of Dimethoate Technical from countries notified as developing countries under clause (a) of sub-section (6) of section 8B of the said Act, other than People”s Republic of China.

Notification No. 3/2009-2014, Dated: 27.08.2009

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The term formulation” used here may include products, which may contain portions / extracts of plants on the prohibited list. Further the term “formulation” shall also include value added formulations as well as herbal ayurvedic, and exports subject to the provisions of CITES or Wild Life (Protection) Act, 1972 in case where the formulation contains species listed therein.

Notification No. 2/2009-2014, Dated: 27.08.2009

August 27, 2009 382 Views 0 comment Print

Automobile industries, having R&D registration, are allowed to make free import of reference fuels (Petrol and Diesel) which are not manufactured in India, upto a maximum of 5 KL per annum, subject to the condition that the said imported reference fuels shall be used for R&D and emission testing purposes only.

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