GST India Solution

Ask a Query

Client Login

Welcome GST India Solution

29(RE-2009)/2009-14, Dated: 31/03/2010

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE & INDUSTRY

DEPARTMENT OF COMMERCE

DIRECTORATE GENERAL OF FOREIGN TRADE

UDYOG BHAVAN, NEW DELHI – 110 011.

Policy Circular No. 29 /2009-2014

Dated: 31^st March, 2010

All Regional Authorities;

All Commissioners of Customs;

Trade and Industry.

Sub : Invitation for applications for Import licences for Rough Marble Blocks – Issue of quota for the financial year 2010-11 as per Policy Notified vide Notification No. 36/2009-14 dated 31-3-2010.

Attention is invited to DGFT Notification No. 36/2009-2014 dated 31^st March, 2010 on the subject mentioned above.

2. Applications are invited for issue of import licences for rough marble blocks only for the financial year 2010-11 from the eligible applicants as per the Marble Import Policy announced vide Notification No.36/2009-2014 dated 31^st March, 2010. The quota for the year shall be 3 lakh MT.

3. The applicants may submit their application, in the relevant Aayaat Niryaat Form, along with the documents prescribed under Policy Circular No. 20 dated 16.7.2008, Policy Circular No. 25 dated 8.8.2008 and Policy Circular No. 12 dated 23.10.2009. However, the time limits and relevant years mentioned in the three Policy Circulars would be modified so as to be in consonance with the Notification No. 36/2009-2014 dated 31^st March, 2010. Accordingly:-

(a) The established Marble gangsaw in the Unit should be in the name of the Unit as on or prior to 23.10.2009, as certified by State Industry Department (District Industry Centre). The gang saw should also not be ‘on Lease’ from any other party. The marble gangsaw machine should have linear movement and should have minimum 60 steel blades impregnated with diamond segments and be used only for cutting marble blocks into slabs;

(b) SSI/SIA Registration Certificate should show the Unit being in operation on or prior to 31.3.2004;

(c) The list of equipments / capital goods (other than Marble gangsaw) set up by the applicant in the Unit for processing marble slabs / tiles should be prior to 31.3.2004, as per Balance Sheet as on 31.3.2004, duly certified by a Chartered Accountant;

(d) Income Tax Return for the year 2003-04 indicating processing of marble by the Unit duly certified by a Chartered Accountant;

(e) CA Certificate indicating indigenous sales turnover of marble slabs / tiles of years 2004-05, 2005-06, 2006-07, 2007-08 and 2008-09; and

(f) A copy of Chartered Accountant certified statement of accounts, filed along with Balance Sheet to Income Tax authorities for each of the years i.e. 2004-05, 2005-06, 2006-07, 2007-08 and 2008-09 (in order to prove the indigenous sales turnover of marble slabs / tiles of atleast Rs. 1 crore in each of the 5 years).

4. The last date for receipt of application shall be 9^th April, 2010. The applications may be submitted to the concerned Regional Authority (RA) of DGFT.

5. This issues with the approval of Competent Authority.

(Tapan Mazumder)

Joint Director General of Foreign Trade

(Issued from File No. 01/89/180/Misc-06/AM 08/ PC-I A)

GST RATES FINDER GST ACTS BOOK (DECODING GST) GST RULES GST PROVISIONAL REGISTRATION MODEL GST LAW LEVY OF TAX

Latest Articles

<--

WHAT IS GST?

GST i.e.Goods and Service Tax is a unified tax that replaces several indirect taxesleviedby the Central Government and the State Government(s)....

-->

BASIS OF CHARGE OF GST- SUPPLY

In pre-GST regime, goodswere liable to: (i) Excise Duty- on manufacture of goods; (ii) VAT/CST- on sale of goods; (iii) Entry tax- on ...

WHO IS LIABLE TO PAY TAX

GST is levied on every taxable person. Taxable person means a person who carries on any business at any place in India. Such . ..

WHAT IS TAXED UNDER GST

GST is a unified tax which is levied on: (i) goods; (ii) services and (iii) a mix of goods and/or services. Any supply of goods or services . .. ...

Who We Are

GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

Goods & Service Tax

Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.

The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .