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 cut and polished diamonds and Gemstones falling under Chapter 71 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) hereinafter referred to as the said Act, upto five per cent of the Free on Board (FOB) value of the preceding financial year of the exports of cut and polished diamonds or studded jewellery, as the case may be, when imported into India by the holders of Diamond Imprest Licences issued under para 4.4.16.
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 as specified in the Annexure-I and Annexure-II to this notification, upto one per cent of the Free On Board (FOB) value of preceding financial year of the export of Gems and Jewellery or cut and polished diamonds, as the case may be, when imported into India against the Replenishment Licence referred to in para 4.80.
In exercise of powers conferred by section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002 (incorporating amendment made upto 31.3.99), the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002.
Notification No.S. O. 1125 – Income Tax It is notified for general information that Cent Bank Home Finance Ltd., Bhopal, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1998-99 and 1999-2000.
Notification No.10876 – Income Tax It is notified for general information that M/s Cent Bank Home Finance Ltd., Bhopal, has been approved by the Central Government for the purposes of s. 36(1)(viii) of the Income-tax Act, 1961, for the asst. yrs. 1999-99 and 1999-2000
In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items , 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time.
Notification No.S. O. 1546 – Income Tax In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961, and till other powers enabling me in this behalf, I, the Chief Commissioner of Income-tax, Calcutta, hereby direct that the officers mentioned in column
Notification No. S. O. 251(E) – Income Tax In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes No. S.O. 925(E), dated 23rd October, 1998, published at pages 1 to 4 of the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), dated 23rd October, 1998, at page 3, in sub-rule (1) of rule 1, in line 10, for “(Twenty-fourth Amendment)
Notification No.S. O. 250(E) – Income Tax In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes No. S.O. 923(E), dated 23rd October, 1998, published at pages 1 to 4 of the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), dated 23rd October, 1998, at page 3, in sub-rule (1) of rule 1, in line 20, for “(Twenty-second Amendment)”, read
Notification No.S. O. 249(E) – Income Tax In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes No. S.O. 924(E), dated 23rd October, 1998, published at pages 1 to 5 of the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), dated 23rd October, 1998, at page 3, in sub-rule (1) of rule 1, in line 35, for “(Twenty-third Amendment)”, read