Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: form 3cd :: TDS :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: VAT RATES :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: VAT Audit :: cpt
 
 
« From the Courts »
 Delhi High Court interprets applicability of amendments to Arbitration Act
  M/s Skin Institute And Public Services Charitable Trust Vs. Commissioner Of Income Tax (Exemption)
 M/s Skin Institute And Public Services Charitable Trust Vs. Commissioner Of Income Tax (Exemption)
 ITO vs. Emami Paper Mills Ltd (ITAT Kolkata)
 Surya Prakash Toshniwal HUF vs. ITO (ITAT Kolkata)
 CIT vs. Subhash Vinayak Supnekar (Bombay High Court)
 Apollo Tyres Ltd vs. ACIT (ITAT Cochin)
 CIT vs. SSA’s Emerald Meadows (Supreme Court)
 DCIT vs. M. K. Enterprise (ITAT Kolkata)
 Qad Europe B.V. vs. DDIT (ITAT Mumbai)
 Chalasani Naga Ratna Kumari vs. ITO (ITAT Vizag)a

Amendment to Notification No.94/96-Customs, dated the 16th December, 1996
October, 04th 2016
        [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE
                        GAZETTE OF INDIA ( EXTRAORDINARY) ]
                          GOVERNMENT OF INDIA
                           MINISTRY OF FINANCE
                        DEPARTMENT OF REVENUE
                 (CENTRAL BOARD OF EXCISE AND CUSTOMS)

                             Notification No. 57/2016-Customs

                                                            New Delhi, the 3rd October, 2016

S.O.        (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 further amendments in the
notification of the Government of India in the Ministry of Finance (Department of Revenue),
No.94/96-Customs, dated the 16th December, 1996, namely:
In the said notification, in first proviso for clause (a), the following clauses shall be
substituted namely,-
" (a) in the case of Bhutan, the machinery and equipment [other than those exported under the Duty Exemption Scheme (DEEC) or Export Promotion Capital Goods Scheme (EPCG) or Duty Entitlement Passbook Scheme (DEPB)] are re-imported within seven years after their exportation or within such extended period, not exceeding three years, as may be allowed by the Principal Commissioner of Customs or Commissioner of Customs as the case may be, on sufficient cause being shown for the delay, allow; (aa) in all other cases, the goods [other than the goods exported under the Duty Exemption Scheme (DEEC) or the Export Promotion Capital Goods Scheme (EPCG) or Duty Entitlement Passbook Scheme (DEPB)] are re-imported within three years after their exportation or within such extended period, not exceeding two years, as the Principal Commissioner of Customs or Commissioner of Customs, as the case may be, on sufficient cause being shown for the delay, allow; (ab) in the case of goods exported under the Duty Exemption Scheme (DEEC) or the Export Promotion Capital Goods Scheme (EPCG), or Duty Entitlement Passbook Scheme (DEPB), re-importation of such goods takes place within one year of exportation or such extended period not exceeding one more year as the Principal Commissioner of Customs or Commissioner of Customs, as the case may be, on sufficient cause being shown for the delay, allow.".
[F.No.554/05/2015-LC] (Temsunaro Jamir) Under Secretary to the Government of India Note:- The principal notification No. 94/96-Customs, dated the 16 th December, 1996, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R (569)(E) dated the 16th December,1996 and was last amended by Notification no. 52/2012-Customs, dated 13.09.2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 687 (E), dated 13th September,2012.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Customer relationship management software CRM software Operational CRM Collaborative CRM

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions