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Notifications

S. 80IA(4) CBDT notifies Industrial Park developed by ‘Eldeco SIDCUL Industrial Park Ltd.’

January 8, 2015 1207 Views 0 comment Print

Notification No. 02/2015 – Income Tax Central Government, in exercise of the powers conferred by-clause (iii) of sub-section (4) of section 80-IA of the Act, the Central Government hereby notifies the undertaking from the date of commencement i.e. 30.03.2009, being developed by M/s Eldeco SIDCUL Industrial Park Ltd. as an undertaking for the Industrial Park located at Village Chargalia, Jail Camp, Sitarganj, Udham Singh Nagar, Rudrapur, Uttarakhand, 262605 for the purposes of the said clause (iii) subject to the terms and conditions mentioned in the annexure to the notification.

Exemption on import of Bunker fuels for use in ships or vessels

January 7, 2015 2704 Views 0 comment Print

The Central Government has now deleted the proviso of clause (bd) therein, which specified that the exemption from Customs duty leviable thereon under the Customs Tariff Act, 1975 on import of Bunker fuels for use in ships or vessels till May 11, 2015.

RBI Revises Format of Certification of Agency Commission Claims by Bank Branch by External CA Auditors

January 7, 2015 693 Views 0 comment Print

he certificate to be furnished by the auditors has since been slightly amended. The agency commission claims submitted to our Regional Offices and Central Accounts Section, Nagpur may henceforth be accompanied by a certificate as per the revised format enclosed.

Notification No. 02/2015-Customs Dated- 6th of January, 2015

January 6, 2015 1764 Views 0 comment Print

the importer produces evidence to the satisfaction of the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, that such goods have, in fact, been locally produced in Bangladesh and are imported into India through the land route from Balat, Kalaichar or Srinagar (Tripura) land customs station for sale in Balat, Kalaichar or Srinagar (Tripura) border haats, as the case may be

Govt. notifies 19 projects of various entities for relief U/s. 35AC

January 6, 2015 913 Views 0 comment Print

Notification No. 48/2015 – Income Tax In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and

​CBDT Declares Wednesday as ‘Public Meeting Day – Acche din aa gaye!

January 6, 2015 3213 Views 0 comment Print

As a part of Prime Minister’s ‘Good Governance Day’ promise to provide an “open and accountable administration’ it has been decided that all field offices of the Income Tax Department will observe Public Meeting Day ‘ during 10.00 AM to 1.00 PM every Wednesday to listen to and try to resolve the grievances of the members of the public.

Tariff concessions on goods covered under CECA between India & Singapore

January 5, 2015 4275 Views 0 comment Print

Revision in rates of Basic Customs Duty of specified goods imported from Republic of Singapore

Dual Use of Non-Processing Area of Sezs by SEZ Entities as Well as DTA Entities Allowed

January 2, 2015 4531 Views 1 comment Print

In exercise of the powers conferred by Section 55 of the Special Economic Zones Act, 2005 (28 of 2005), the Central Government hereby makes the following rules further to amend the Special Economic Zones Rules, 2006, namely:-

Amendment in import policy conditions under ITC (HS) 4 digit code 3808

January 1, 2015 1462 Views 0 comment Print

In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.3 and 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby inserts the following Policy condition as Policy Condition no. 3 under Chapter 38 of ITC (HS), 2012 – Schedule – 1 (Import Policy).

Import Policy regime of Radio Navigation Equipment under ITC (HS) 4 digit code 8526

January 1, 2015 6076 Views 0 comment Print

There shall be no changes in Para 16 of the General Notes regarding Import Policy of ITC (HS), 2012 – Schedule – I (Import Policy) about multi-channel GSM / CDMA receivers, transmitters and trans – receivers capable of receiving, transmitting or both, in two or more frequencies as these items shall continue to be Restricted for imports.

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