HAPPY INTERMISSION IN ‘SAD’ MOVIE

Prepared By: -

CA. Pradeep Jain

CA. Preeti Parihar

Sukhvinder Kaur, LLB(FYIC)

Introduction: -



The importer-dealers are over the moon these days. Their SAD-ness is going to turn into happiness. Government granted exemption to the importers from Special Additional Duty which is levied @ 4% under Section 3(5) of the Customs Tariff Act, 1975 by way of refund. But due to a no. of procedural formalities and slackness at the departmental end, 80% of the claims were reviewed as pending at the major custom houses as on 31.3.2010. This induced the Board to issue a Circular for fixing a time limit for granting the refund of SAD. This critique is about the happy intermission of the SAD refund movie.
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30/2010-Cus (NT), Dated: 08/04/02010

Notification No. 30 / 2010 – Customs (N.T.)

 

New Delhi, the 8^th April, 2010.

              18 Chaitra, 1932 (SAKA).

 

            G.S.R._______(E) - In  exercise of the powers conferred by sub-section (2) of section 146 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations, to amend the Customs House Agents Licensing Regulations, 2004, namely:-readmore

29/2010-Cus (NT), Dated: 08/04/02010

Notification No.  29 /2010- Customs (N.T.)

                                                                                                                                                                           New Delhi, the  8^th April 2010.

 

 

    G.S.R.         (E).-In exercise of the powers conferred by sub-section (1B) of section 129A of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance, Department of Revenue, No. 49/2005-Customs (N.T.) published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.410(E),dated the17^th June, 2005, namely:-readmore

28/2010-Cus (NT), Dated: 08/04/02010

Notification No. 28/2010- Customs (N.T.)

 

New Delhi, the 8^th April 2010

 

 

     G.S.R.     (E).-In exercise of the powers conferred by sub-section (1B) of section 129A of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendment in the notification of Government of India, Ministry of Finance, Department of Revenue, No. 39/2005-Customs (N.T.) published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.307(E), dated the 13th May, 2005, namely:-readmore

27/2010-Cus (NT), Dated: 31/03/02010

                                                                        Notification No. 27/2010 – Customs (N.T.)

New Delhi, 31^st March, 2010

10 Chaitra, 1932 (SAKA)

S. O… (E) – In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and expedient 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. 36/2001-Cus (N. T.), dated, the 3^rd August 2001, namely: -readmore

47/2010-Cus, Dated: 12/04/2010

Notification No.47/2010-Customs

           

New Delhi, dated the 12^th April, 2010

G.S.R.     (E). – Whereas, in the matter of import of nylon filament yarn of specification ‘synthetic filament yarn including synthetic monofilament of less than 67 decitex, of nylon or other polyamides falling under Chapter 54 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), excluding all high tenacity yarn of nylon including fishnet yarn of nylon (hereinafter referred to as subject goods), originating in, or exported from, People’s Republic of China, Chinese Taipei, Malaysia, Indonesia, Thailand and People’s Republic of Korea (referred to as subject countries), the designated authority in its preliminary findings, vide, notification No. 14/5/2005-DGAD, dated the 3^rd February, 2006, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 3^rd February, 2006 had come to the conclusion that-readmore

46/2010-Cus, Dated: 12/04/2010

Notification No. 46 /2010-Customs

New Delhi, the 12^th April, 2010

 

G.S.R.     (E). -Whereas, the designated authority vide notification No. 15/9/2009-DGAD, dated the 20^th August, 2009, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 21^st August, 2009, has initiated review in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) and in pursuance of rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of anti-dumping duty on imports of narrow woven fabrics having pile weave made up of manmade fibres, used as a fastening tape (also known as hook and look tape fasteners or Velcro tapes or fastening tape), falling under heading 5806 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Peoples Republic of China and Chinese Taipei, imposed vide  notification of the Government of India, in the Ministry of Finance (Department of Revenue),No. 76/2005-Customs, dated the 25^th July, 2005, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 503(E), dated the 25^th July, 2005, and has requested for extension of anti-dumping duty, in terms of sub-section (5) of section 9A of the said Customs Tariff Act;readmore