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 Attachment on Cash Credit of Assessee under GST Act: Delhi HC directs Bank to Comply Instructions to Vacate
 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

ANZ GRINDLAYS BANK (now Standard Chartered Grindlays Bank Ltd.) Vs. DEPUTY COMMISSIONER OF INCOME TAX AND ORS.
March, 03rd 2016
[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. 22/2016-Customs

                                                              New Delhi, the 1st March, 2016

         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 further amendments in
the notification of the Government of India, in the Ministry of Finance (Department of
Revenue) No. 81/2005- Customs, dated the 8th September, 2005, published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.569(E), dated the
8th September, 2005, namely:-






        In the said notification, after proviso to the condition (ii), the following shall be
inserted:-

        "Provided further that this condition shall not apply to the power generation projects
based on municipal and urban waste, if the importer proves to the satisfaction of the Deputy
Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be,
that there is a valid agreement between the importer and urban local body for processing of
municipal solid waste for not less than ten years from the date of commissioning of project;"







                                                                     [F.No.334/8/2016-TRU]




                                                                           (Anurag Sehgal)
                                                 Under Secretary to the Government of India

Note: The principal notification 81/2005- Customs, dated the 8th September, 2005 was
published in the Gazette of India, Extraordinary, Part II, Section-3, Sub-section (i), vide
number G.S.R.569(E), dated the 8th September, 2005 and last amended by notification No
13/2014-Customs dated the 11th July, 2014 vide number G.S.R. 460(E) dated the 11th July,
2014.

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