Re: UPDATES FROM TAX GURU (in this message: 10 new items)

On Wed, Jan 6, 2010 at 9:36 AM, LEGAL & FINANCIAL UPDATES FROM TAX GURU <info@taxguru.in> wrote:

UPDATES FROM TAX GURU (in this message: 10 new items)

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• Regarding anti dumping duty on Cathode Ray Colour Television Picture Tubes originating in, or exported from Malaysia, Thailand, China PR and Korea RP
• Exemption of Customs duty on certain goods when imported into India from the Malaysia, Singapore & Thailand
• Exemption of Customs duty on certain goods when imported into India from the Republic of Korea
• Exempts certain goods from whole of the duty of customs when imported into India from the Republic of Korea
• Custom duty notification amending notification No. 10/2008-Customs dated the 15th January, 2008
• Custom duty notification amending principal notification No. 68/2006-Customs, dated the 30th June, 2006
• Custom duty notification amending principal notification No. 67/2006-Customs, dated the 30th June, 2006
• Extension of time for filing of applications for fixation of Brand Rate of Duty Drawback for High Speed Diesel (HSD) supplied by domestic oil companies to EOU's prior to issue of Notification No. 20 dated 17.8.05
• Commerce minister recommended extension of special industrial package to the Himachal Pradesh up to 2013
• Restoration of issue of "Written off" goods"

Regarding anti dumping duty on Cathode Ray Colour Television Picture Tubes originating in, or exported from Malaysia, Thailand, China PR and Korea RP Posted: 05 Jan 2010 09:55 AM PST In case of recommendation of anti-dumping duty after completion of the said review by the designated authority, the importer shall be liable to pay the amount of such anti-dumping duty recommended on review and imposed on all imports of cathode ray... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Exemption of Customs duty on certain goods when imported into India from the Malaysia, Singapore & Thailand Posted: 05 Jan 2010 09:47 AM PST 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 goods of the description as... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Exemption of Customs duty on certain goods when imported into India from the Republic of Korea Posted: 05 Jan 2010 09:42 AM PST Provided that the importer proves to the satisfaction of the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be, that the goods in respect of which the benefit of this exemption is claimed are of the origin of... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Exempts certain goods from whole of the duty of customs when imported into India from the Republic of Korea Posted: 05 Jan 2010 09:25 AM PST Provided that the importer proves to the satisfaction of the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be, that the goods in respect of which the benefit of this exemption is claimed are of the origin of... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Custom duty notification amending notification No. 10/2008-Customs dated the 15th January, 2008 Posted: 05 Jan 2010 09:22 AM PST G.S.R. (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 makes the following... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Custom duty notification amending principal notification No. 68/2006-Customs, dated the 30th June, 2006 Posted: 05 Jan 2010 09:18 AM PST G.S.R. (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, on being satisfied that it is necessary in the public interest so to do, hereby makes the following... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Custom duty notification amending principal notification No. 67/2006-Customs, dated the 30th June, 2006 Posted: 05 Jan 2010 09:14 AM PST For the purposes of this exemption, "Crude palm oil" means fixed vegetable oils, fluid or solid, obtained by pressure, if they have undergone no processing other than decantation, centrifugation or filtration, provided that, in order to separate the... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Extension of time for filing of applications for fixation of Brand Rate of Duty Drawback for High Speed Diesel (HSD) supplied by domestic oil companies to EOU's prior to issue of Notification No. 20 dated 17.8.05 Posted: 05 Jan 2010 09:05 AM PST Reference is invited to this office letter Pt. F. No. Misc-12/AM-05/DBK Cell dated 5th March 2008 addressed to DC, NSEZ on the above subject wherein it was inter-alia clarified that no new applications for fixation of Brand Rate of Duty Drawback for... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Commerce minister recommended extension of special industrial package to the Himachal Pradesh up to 2013 Posted: 05 Jan 2010 08:57 AM PST Himachal Pradesh chief minister Prem Kumar Dhumal on Monday said commerce and industry minister Anand Sharma has recommended extending special industrial package to the state up to 2013. Dhumal met Sharma on Monday to lobby for the extension of tax... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Restoration of issue of "Written off" goods" Posted: 05 Jan 2010 04:24 AM PST Writing off the Inputs and Capital Goods for the stock account purpose in the books of accounts and reversal of CENVAT Credit has always been a matter of dispute between the assessees and the departmental authorities. This issue was clarified with... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

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