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Import at concessional rate of duty

Asha Hegde (Proprietor) (32 Points)

29 June 2010

Can anybody advise me on whether a hotelier with a annual turnover less than Rs.1crore import items such as ACs, Fridge etc. at concessional rate of duty?

Thanks & Regards,

CA Asha S. Hegde

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2 Replies

RAMESH KUMAR VERMA ( CS PURSUING ) (43853 Points)
Replied 29 June 2010

Dear mam,

AS PER FOREIGN TRADE POLICY (2009-2014), AVAIL THESE EXEMPTION / FACILITIES (AN EPCG LICENCE) WHOSE ISSUANCE BY CONCERNED DGFT, REAGIONAL LICENSING AUTHORITY, AS A HOTEL WHOSE TURNOVER IS MANDATORY FOR 20 CRORE FOR LAST 3 YEAR AND IN CURRENT YEAR.

REGARDS,

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infotech 9 (ZXCXC) (27 Points)
Replied 29 June 2010

Important changes relating to age discrimination in UK employment law became effective in October 2006, with implications for all types of appraisals and job performance and suitability assessment. Ensure your systems, training and materials for appraisals reflect current employment law. It's helpful to understand these recent laws also if you (young or old) are being appraised. The UK (consistent with Europe) Employment Equality (Age) Regulations 2006, effective from 1st October 2006, make it unlawful to discriminate against anyone on the grounds of age. This has several implications for performance appraisals, documents used, and the training of people who conduct staff appraisals. For example, while not unlawful, the inclusion of age and date-of-birth sections on appraisal forms is not recommended (as for all other documentation used in assessing people). For further guidance about the effects of Age Equality and Discrimination on performance appraisals, and other aspects of managing people, see the Age Di
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