Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

ITC HSN - ORES, SLAG AND ASH

ITC HSN - SECTION V MINERAL PRODUCTS - CHAPTER 26 ORES, SLAG AND ASH NOTES: 1. This Chapter does not cover: (a) Slag or similar industrial waste prepared as macadam (heading 2517); (b) Natural magnesium carbonate (magnesite), whether or not calcined (heading 2519); (c) Sludges from the storage tanks of petroleum oils, consisting mainly of such oils (2710); (d) Basic slag of Chapter 31; (e) Slag wool, rock wool or similar mineral wools (heading 6806); (f) Waste or scrap of precious metal or of me .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ction XIV or XV, even if they are intended for non-metallugical purposes. Headings 2601 to 2617 do not, however, include minerals which have been submitted to processes not normal to the metallurgical industry. 3. Heading 2620 applies only to: (a) Slag, ash and residue of a kind used in industry either for the extraction of metals or as a basis for the manucture of chemical compounds of metals, excluding ash and residues from the incineration of municipal waste (heading 2621); and (b) Slag, ash .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ag, ash and residue containing arsenic, mercury, thallium or their mixtures, of a kind used for the extraction of arsenic or those metals or for the manufacture of their chemical compounds, are to be classified in sub-heading 262060. - 2601 - 2601 - IRON ORES AND CONCENTRATES, INCLUDING ROASTED IRON PYRITES - Iron ores and concentrates, other than roasted iron pyrites: - 2601 11 - 260111 - Non-agglomerated: - 2601 11 11 - 26011111 - 60% Fe or more but below 62% Fe kg. 10% - 2601 11 12 - 26011112 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

26011139 - 65% Fe and above kg. 10% - Iron ore Fines (below 62% Fe) - 2601 11 41 - 26011141 - below 55% Fe kg. 10% - 2601 11 42 - 26011142 - 55% Fe or more but below 58% Fe kg. 10% - 2601 11 43 - 26011143 - 58% Fe or more but below 60% Fe kg. 10% - 2601 11 49 - 26011149 - 60% Fe or more but below 62% Fe kg. 10% - 2601 11 50 - 26011150 - Iron ore concentrates kg. 10% - 2601 11 90 - 26011190 - Others kg. 10% - 2601 12 - 260112 - Agglomerated: - 2601 12 10 - 26011210 - Iron ore pellets - 2601 12 90 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

anganese ore (44% or more but below 46%) - 2602 00 30 - 26020030 - Manganese ore (40% or more but below 44%) - 2602 00 40 - 26020040 - Manganese ore (35% or more but below 40%) - 2602 00 50 - 26020050 - Manganese ore (30% or more but below 35%) - 2602 00 60 - 26020060 - Ferruginous (10% or more but below 30%) - 2602 00 70 - 26020070 - Manganese ore sinters, agglomerated - 2602 00 90 - 26020090 - Other - 2603 00 00 - 26030000 - Copper ores and concentrates - 2604 00 00 - 26040000 - Nickel ores an .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

tes - 2610 - 2610 - CHROMIUN ORES AND CONCENTRATES - 2610 00 - 261000 - Chromium ores and concentrates: - 2610 00 10 - 26100010 - Chrome ore lumps, containing 47% Cr2O3 and above - 2610 00 20 - 26100020 - Chrome ore lumps, containing 40% or more but less than 47% Cr2O3 - 2610 00 30 - 26100030 - Chrome ore lumps below 40% Cr2O3 - 2610 00 40 - 26100040 - Chrome ore friable and concentrates fixes containing 47% Cr2O3 and above - 2610 00 90 - 26100090 - Other - 2611 00 00 - 26110000 - Tungsten ores .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

iciated ilmenite including ilmenite ground) - Rutile: - 2614 00 31 - 26140031 - Rare earth oxides including rutile sand - 2614 00 39 - 26140039 - Other - 2614 00 90 - 26140090 - Other - 2615 - 2615 - NIOBIUM, TANTALUM, VANADIUM OR ZIRCONIUM ORES AND CONCENTRATES - 2615 10 00 - 26151000 - Zirconium ores and concentrates - 2615 90 - 261590 - Other: - 2615 90 10 - 26159010 - Vanadium ores and concentrates - 2615 90 20 - 26159020 - Niobium tantalum ores and concentrates - 2616 - 2616 - PRECIOUS META .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     Latest Happenings     ↓  

News: Notification Issued For GST Actionable Claim On Branded Food Products

News: GST Refund - Blockage of Working Capital of Exporters - earlier also there was a normal blockage of funds for a period of 5-6 months at least

News: Clarification about Transition Credit - ₹ 1.27 lakh crore of credit of Central Excise and Service Tax was lying as closing balance as on 30th June, 2017 - claim of credit of ₹ 65,000 crore is not unexpected

Article: 20 Things You must know about E Way Bills in GST Law

Article: MISTAKES IN DRAFTING

Forum: Duty Drawback- Urgent

Highlight: The Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRs) of Drawback related changes -reg. - Circular

Highlight: The definition of "subsidiary company" or "subsidiary" u/s 2(87) of the Companies Act, 2013 shall come into force w.e.f. 20-9-2017

Highlight: Central Government notified the All Industry Rates of Duty Drawback Schedule w.e.f. 1.10.2017 - Notification

Notification: All Industry Rates of Duty Drawback Schedule w.e.f. 1.10.2017

Circular: Investment by Foreign Portfolio Investors in Corporate Debt Securities Review

Notification: Exemptions on supply of services under UTGST Act

Notification: Rates for supply of services under UTGST Act

Notification: Exemptions on supply of services under IGST Act

Notification: Rates for supply of services under IGST Act

Notification: List of Exempted supply of services under the CGST Act

Notification: Rates for supply of services under CGST Act

Highlight: Acceptance of deposits by companies from its members - conditions relaxed in case of Specified IFSC Public company and a private company - Rule 3 amended

Notification: Rate of exchange of conversion of the foreign currency with effect from 8th September, 2017

News: Tax Payers Advised To Confirm Identities Of Income Tax Search Authorities

Notification: Amendment in Appendix 3 (SCOMET items) to Schedule- 2 of ITC (HS) Classification of Export and Import Items 2012

Forum: GST Invoice

Notification: The Customs and Central Excise Duties Drawback Rules, 2017

Circular: The Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRs) of Drawback related changes -reg.

News: GST implementation smoother than expected: Jaitley

Forum: GST - TRAN1 - filed - Data uploaded with Remarks Processed with Error - Not coming in Electronic credit ledger - need suggession guidance

Forum: 3B mistake

Forum: Input tax credit

Forum: Excise duty credit on finished stock at additional place of business.

Forum: Due date of Filing TRAN-1

Highlight: Diversion of income at source - Joint venture agreement - 97% of the receipt transfer to M/s TRG Industries (P) Ltd. - scope of the agreement - it is diversion by overriding title - not taxable in the hands of assessee - HC

Highlight: Expenditure on eligible projects or schemes u/s 35AC - After 01.04.2017 the legislature desired to withdraw such deduction. - The Union legislature was competent to introduce such amendment - HC

Highlight: Transfer of trading assets at cost price, the profit component also stood transferred to the outgoing Directors, which otherwise belonged to the Company - the fact that AO has made the addition in the hands of the Directors would not make any difference - additions confirmed - HC

Highlight: The interest u/s 234B of the Act cannot go beyond the stage of S.245D(I) before the Settlement Commission - HC

Highlight: Galvanized iron pipe is a different commercial commodity than a iron pipe, therefore the activity of galvanization in our considered opinion amounts to manufacture - Deduction u/s 80-IB allowed - HC

Highlight: Penalty u/s 271C - non deduction of TDS on interest paid to sister concerns in terms of Section 194A - Levy of penalty confirmed - HC

Highlight: Disallowance of interest - reference to section 179 - The legislature has also recognised, that the doctrine of lifting of veil in the matter of tax dues is to be applied to prevent fraud etc. and not where the company has suffered despite its normal bona fide function. - HC

News: RBI Reference Rate for US $

Notification: Amendment in Notification No. S.O. 3118(E), dated the 3rd October, 2016

Highlight: Discount on ESOP to be allowed as business expenditure u/s 37(1), during the years of vesting on the basis of percentage of vesting during such period, subject to upward or downward adjustment at the time of exercise of option.

Notification: Central Government appoints the 20th September, 2017 as the date on which proviso to clause (87) of section 2 of the Companies Act 2013, shall come into force

Notification: Companies (Restriction on number of layers) Rules, 2017

Highlight: Penalty u/s 271(1)(c) - additional income disclosure - surrender of income post survey u/s 133A - he disclosure made by the assessee is voluntary in nature, in the revised return - no penalty

Highlight: Reopening of assessment - notice u/s 148 issued on the directions of JCIT / CIT - a perusal of reasons for initiating reassessment proceedings clearly show that they are against the sprit of provisions u/s 147

Highlight: MAT - Adjustment to book profit - computation u/clause (f) of Explanation-1 to section 115JB(2) is to be made without resorting to the computation as contemplated u/s 14A r.w.Rule 8D of I.T. Rules.

Highlight: Addition on account of alleged suppression of service value received - the addition made simply believing the Form 26AS will be an arbitrary exercise of power which cannot be sustained

Notification: Exempts intra state supply of heavy water and nuclear fuels from DAE to NPCIL

Notification: Seeks to amend notification No. 12/2017-UTT(R) to exempt right to admission to the events organised under FIFA U-17 World Cup 2017

Notification: Seeks to amend notification No. 11/2017- UTT(R) to reduce CGST rate on specified supplies of Works Contract Services

Highlight: Liability to pay duty on import of software - Though no authorization was given by the appellant to DHL, it is an undisputed position that the software has, in fact, been ordered by the appellant and have been delivered to them by DHL - the appellant is to be considered as the importer



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version