Custom circular 23/2010 about refund of 4% CVD and disposal of claims

Custom department has issued a notification about refund of additional duty of custom 4% CVD and disposal of the claims. Full notification is as under.

Circular No.23 / 2010-Customs 

F.No.401/104/2007-Cus.III

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise and Customs

159A, North Block,

New Delhi -110001.

29^th July, 2010.

To

All Chief Commissioners of Customs / Customs (Prev.).

All Chief Commissioners of Customs & Central Excise.

All Commissioners of Customs / Customs (Prev.).

All Commissioners of Customs & Central Excise.

Subject: Refund of 4% Additional Duty of Customs (4% CVD) in pursuance of Notification No.102/2007-Customs dated 14.9.2007 – Disposal of claims in respect of cases where assessments are provisional – reg

***

Sir / Madam,

           

            Your kind attention is invited to the Notification No.102/2007-Customs dated 14.9.2007, Notification No.93/2008-Customs dated 1.8.2008 and Board’s Circulars No. 6/2008-Customs dated 28.4.2008,

custom , custom notification

Custom notification no. 77/2010 about Poly Vinyl Chloride Paste Resin

Custom department has issued a notification on 26 july 2010 about import of Poly Vinyl Chloride Paste Resin. Full notification is as under.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

                                                          

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No.77 /2010-Customs

New Delhi, 26^th July, 2010

G.S.R.    (E). - Whereas in the matter of imports of Poly Vinyl Chloride Paste Resin (hereinafter referred to as the subject goods), falling under sub heading 3904 22 10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred as the said Customs Tariff Act), originating in, or exported from, People’s Republic of China, Japan, Republic of Korea, Malaysia, Russia, Taiwan and Thailand

custom , custom notification

CUSTOM NOTIFICATION NO. 78/2010 ABOUT EXEMPT GOODS FOR EXIBITION

Custom department has issued a notification number 78/2010 dated 27 july 2010 about exemption of goods on import for exibition. Full notification is as under

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

                                               

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

*****

Notification No. 78 /2010 - Customs

New Delhi, dated the 27^th July, 2010

G.S.R.637(E)- 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 described in the Schedule annexed hereto, when imported into India for display or sale in the ‘INDIPEX 2011’ which is an international philatelic exhibition to be held at New Delhi from the12^th February, 2011 to 18^th February, 2011

custom , custom notification

CUSTOM NOTIFICATION ABOUT IMPORT OF WORN CLOTHING

Circular No.22 / 2010-Customs

F.No.401/150/2010-Cus-III

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise & Customs

159-A, North Block,

New Delhi – 110001.

 26^th July, 2010.

To

All Chief Commissioners of Customs / Customs (Prev).

All Commissioners of Customs (Airport).

All Commissioners of Customs (Port).

All Commissioners of Customs & Central Excise.

Subject            Import of ‘Worn Clothing’ –- Instructions - regarding.

***

Sir / Madam,

           

           

            Import of ‘worn clothing and other worn articles’ is restricted under ITC(HS) vide DGFT Notification No.7/2004-09 with effect from 27.10.2004

custom , custom notification

SERVICE TAX NOTIFICATION NO. 45 ABOUT SERVICE TAX ON ELECTRICITY

Service tax department has issued a notification number 45 about service tax on electricity providers provides electricity to individuals. Full notification is as under.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

Government of India

Ministry of Finance

(Department of Revenue)

***

New Delhi, the 20 July, 2010

Notification No. 45/ 2010-Service Tax

G.S.R.    (E).- Whereas, the Central Government is satisfied that a practice was generally prevalent regarding levy of service tax (including non-levy thereof), under section 66 of the  Finance Act, 1994 (32 of 1994) (hereinafter referred to as ‘the Finance Act’), on all taxable services relating to transmission and distribution of electricity provided by a person (hereinafter called ‘the service provider’) to any other person (hereinafter called ‘the service receiver’), and that all such services were liable to service tax under the said Finance Act, which were not being levied according to the said practice during the period up to 26^th day of February, 2010 for all taxable services relating to transmission of electricity, and the period up to 21^st day of June, 2010 for all taxable services relating to distribution of electricity;

SERVICE TAX , service tax notification

EXCISE CIRCULAR ABOUT CLEAN ENERGY CESS

Central excise has issued a notification about clean energy cess. Full notification is as under.


Government of India
Ministry of Finance
Department of Revenue
(Tax Research Unit)
******

New Delhi, dated the 24th June, 2010.

To

Chief Commissioners of Central Excise (All),
Chief Commissioners of Customs (All),
Chief Commissioners of Central Excise & Customs (All),
Director General of Central Excise Intelligence, New Delhi,
Director General of Audit, N. Delhi,
Director General of Revenue Intelligence, New Delhi.

Madam/Sir,

Subject: Levy of Clean Energy Cess – regarding.

central excise notification , excise notification

SEBI INTRODUCES CALL AUCTION IN PRE-OPEN SESSION

SEBI has planned to introduces call auction system before opening of the share market. Full notification is as under.

CIRCULAR

CIR/MRD/DP/21/2010                                                                          July 15, 2010
The Managing Director and CEO                                                           The Managing Director
Bombay Stock Exchange Limited                                                      National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers                                                            Exchange Plaza, Bandra Kurla Complex
Dalal Street                                                                                         Bandra (E)
Mumbai - 400001                                                                              Mumbai - 400 051
Dear Sir,
Sub: Introduction of call auction in Pre-open session
1. The issue regarding call auction and its use in various session, including
pre-open session was deliberated in Secondary Market Advisory Committee
(SMAC). Based on the recommendation of the committee and proposal
received from the stock exchanges, it has been decided to introduce call
auction mechanism in pre-open session.

sebi , sebi circular , sebi new guideline

SEBI CIRCULAR NO. 7 ABOUT APPLICATION SUPPORTED BY BLOCKED AMOUNT

SEBI on 13th july 2010 issued a circular about IPO application supported by blocked amount. In this circular SEBI perposes these things.

CIRCULAR

CIR/CFD/DIL/7/2010 July 13, 2010

To All Stock Exchanges
To All Registered Merchant Bankers
To All Registered Registrars to an Issue
To All Registered Bankers to an Issue
Dear Sirs,
Sub.: Applications Supported by Blocked Amount (ASBA) facility in public issues

sebi , sebi circular , sebi new guideline

CBDT has amended the rule of e-filing of income tax returns

Central board of direct taxes has amended the rules of electronically filing of income tax return. The full notification is as under.

No.402/92/2006-MC (35 of 2010)

Government of India / Ministry of Finance

Department of Revenue

Central Board of Direct Taxes

***

New Delhi the 12th July 2010

PRESS RELEASE

The Central Board of Direct Taxes (CBDT) has amended the Rules
relating to electronic filing of income tax returns vide Notification
No.49/2010 dated 9th July 2010

cbdt press release , INCOME TAX NOTIFICATION

CBDT Notification about long term infrastructure bonds for exemption of section 80CCF

Central board of direct taxes has issued a notification about long term infrastructure bonds for getting the exemption of 20000 rupees extra in section 80CCF of income tax act. Full notification is as under.

No.402/92/2006-MC (34 of 2010)

Government of India / Ministry of Finance

Department of Revenue

Central Board of Direct Taxes

***

PRESS RELEASE

New Delhi dated 9th July 2010

Long-term Infrastructure Bonds

cbdt press release , INCOME TAX NOTIFICATION

CUSTOM DEPARTMENT REQUESTS AIRLINES COUNTER TO DISPLAY BOARD FOR THE PASSENGERS OF NEPAL AND BHUTAN

Custom department has issued a noitification to all the airlines in India to display a board to the counters of airlines for the passengers for nepal and bhutan as 500 and 1000 notes of indian currency are banned in the countries of Nepal & Bhutan. Full notification is as under.

Circular No.19 / 2010-Customs

F.No.520/23/2010-Cus.VI

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise & Customs

159-A, North Block,

New Delhi – 110001

13^th July, 2010

To

All Chief Commissioners of Customs

All Chief Commissioners of Customs (Prev).

All Commissioners of Customs (Airport).

All Commissioners of Customs (Port).

All Commissioners of Customs & Central Excise.

Subject:  Display at Airports / LCS about prohibition of import / export of Indian currency notes of denomination of above Rs.100 in India and in Nepal – regarding 

custom , custom notification

CENTRAL EXCISE NOTIFICATION NO 930/2010 ABOUT TOLERANCE OF BREAKAGE OF BOTTLES DUE TO HANDLING

                                                                                                               Circular No.  930/20/2010-CX

F.No.261/03/2009-CX8

 Government of India
Ministry of Finance
Department of Revenue
 (Central Board of Excise & Customs)

                                                                                  New Delhi, dated the 9^th July, 2010.

To,

All Director Generals,

All Chief Commissioners of Central Excise (including LTU),

All Commissioners of Central Excise (including LTU).

Sir/ Madam, 

Subject: Tolerance of breakage of bottles due to handling during storage and clearance-reg.

central excise notification , excise notification

CENTRAL EXCISE CIRCULAR ABOUT REFUND OF CVD

Central excise department has issued a circular about refunf of cvd 4%. Full notification is as under.

Circular No.18 / 2010-Customs

F. No. 401/46/2008-Cus.III

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise and Customs

159A, North Block,

New Delhi -110001

8^th July, 2010.

To

All Chief Commissioners of Customs / Customs (Prev.).

All Chief Commissioners of Customs & Central Excise.

All Commissioners of Customs / Customs (Prev.).

All Commissioners of Customs & Central Excise.

Subject: Refund of 4% Additional Duty of Customs (4% CVD) in pursuance of Notification No.102/2007-Customs dated 14.9.2007 – Special Drive for clearance of pending 4% SAD refund claims - reg.

central excise notification , excise notification

EIGHT NEW SERVICES WILL BE TAXED UNDER SERVICE TAX FROM 1 JULY 2010

Service tax department issued a circular stating that eight new services will be taxed under service tax act. full circular as well as the eight new services are as follows.

CBEC has notified 8 new taxable Services w.e.f. 1.7.2010 vide Notification No.24/2010-Service Tax dated 22.6.2010. 

The following are the new taxable Services introduced w.e.f. from 1.7.2010.

service tax circular

INDIA HAS REVISED THE DOUBLE TAX AGREEMENT WITH FINLAND

India government and finland government have revised the double tax avoidance agreement between the two coutries for the person of both countries as they needn't to pay income tax as well as other taxes in both the countries.The full notification as well as the agreement is as follows.

dtaa between india and finland , INCOME TAX NOTIFICATION