Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: form 3cd :: due date for vat payment :: ACCOUNTING STANDARDS :: TDS :: articles on VAT and GST in India :: empanelment :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit
 
 
« Latest Circulars »
 Monitoring of Foreign Investment under PIS in Indian Companies – M/s The Byke Hospitality Limited - 1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24% to 40% Removal from the FIIs/ FPIs Caution List
 RBI's Monthly Bulletin for July 2017
 Financial Action Task Force (FATF) Public Statement dated June 23, 2017
 All-India House Price Index (HPI) recorded marginal increase in Q4:2016-17
 Auction of Government of India Dated Securities July 17, 2017
 RBI-Interest rates for Small Savings Schemes
 Priority Sector Lending – Status, Issues and Future Agenda (Shri S S Mundra, Deputy Governor - June 27, 2017 - at the ”Conference on Credit flow to Priority Sector – Policy and Implementation” held at College of Agricultural Banking, Pune1)
 Audit Committee of the Board of Directors – Nomination of Non-Executive Chairman
 Investment in plant and machinery for the purpose of classification as Micro, Small and Medium Enterprises – documents to be relied upon
 RBI-Recording of Details of Transactions in Passbook/Statement of Account by Co-operative Banks
 Financial Literacy by FLCs (Financial Literacy Centres) and rural branches - Revision in funding limits, Audio-visual content and provision of hand held projectors

Seeks to amend notification No. 24/2005-Customs dated 1st March 2005 so as to levy BCD @ 10% on specified telecommunication products not covered under the ITA.
July, 14th 2014
[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. 11/2014-Customs

                                                                  New Delhi, the 11th July, 2014

    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. 24/2005-
Customs, dated the 1st March, 2005, published in the Gazette of India, Extraordinary, Part II,
Section 3, Sub-section (i) vide number G.S.R.122 (E), dated the 1st March, 2005, namely: -
In the said notification, in the Table,-
    (a) against serial number 13, in column (3), for the existing entry, the following entry shall
        be substituted, namely:-
        "All goods, except the following:-
            (i)     soft switches and Voice over Internet Protocol (VoIP) equipment, namely,
                    VoIP phones, media gateways, gateway controllers and session border
                    controllers;
            (ii)    optical transport equipments, combination of one or more of Packet Optical
                    Transport Product or Switch (POTP or POTS),                Optical Transport
                    Network(OTN) products, and IP Radios;
            (iii) Carrier Ethernet Switch, Packet Transport Node (PTN) products,
                    Multiprotocol Label Switching-Transport Profile (MPLS-TP) products;
            (iv)     Multiple Input / Multiple Output (MIMO) and Long Term Evolution (LTE)
                    Products.".




   (b) after serial number 39 and the entries relating thereto, the following serial number and
       the entries shall be inserted, namely:-
      "40 All chapters All goods for the manufacture of following goods, namely:-
                                  (i)    soft switches and Voice over Internet Protocol (VoIP)
                                         equipment, namely, VoIP phones, media gateways,
                                         gateway controllers and session border controllers;
                                  (ii)   optical transport equipments, combination of one or more
                                         of Packet Optical Transport Product or Switch (POTP or
                                         POTS), Optical Transport Network(OTN) products, and
                                     IP Radios;
                              (iii) Carrier Ethernet Switch, Packet Transport Node (PTN)
                                     products, Multiprotocol Label Switching-Transport
                                     Profile (MPLS-TP) products;
                              (iv)   Multiple Input / Multiple Output (MIMO) and Long
                                     Term Evolution (LTE) Products:
                           provided that the importer follows the procedure set out in the
                           Customs (Import of Goods at Concessional Rate of Duty for
                           Manufacture of Excisable Goods) Rules, 1996.".

                                                                     [F.No.334/15/2014-TRU]




                                                                             (Pramod Kumar)
                                                   Under Secretary to the Government of India





Note: The principal notification was published in the Gazette of India, Extraordinary, Part II,
Section-3, Sub-section (i), vide number G.S.R. 122(E), dated the 1st March, 2005 and last
amended by notification No. 132/2006-Customs, dated the 30 December, 2006, vide number
G.S.R.793(E), dated 30th December, 2006.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
System Testing Solution Manual Software Testing Solutions Automation Software Testing Solutions System Workflow Testing System Manual Testing

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