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Amendments in the notification No. S.O. 2953(E), dated the 19th November, 2009
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Amendment under BIS Act extends the prescribed duration in the cited notification, altering the previously specified days.
Central Government, exercising statutory power under the Bureau of Indian Standards Act and after consulting the Bureau, amends the cited notification by substituting the previously prescribed period in sub clause (2) of Clause I with a longer duration, effectuating a textual replacement in the principal notification.
Pneumatic Tyres and Tubes (Amendment)
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Import allowance for non domestic pneumatic tyres: OEMs may import for the replacement market subject to committee review and list approval.
Amendment extends the compliance period from 180 days to 360 days and authorises OEMs to import pneumatic tyres not manufactured domestically for sale in the replacement market through authorised dealers. A Committee chaired by an officer of the trade administration, with members from industrial, transport, testing and standards stakeholders, will finalise and maintain the list of such tyres and review it every three months to make recommendations.
Dissolution of the Development Council of Textile Industry
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Dissolution of Development Council ends the Council's official status and functions upon publication of the dissolution order.
Dissolution of the Development Council for Textile Industry is ordered under the executive powers conferred by the Industries (Development and Regulation) Act, 1951, the Central Government, satisfied it should cease to continue and that dissolution is in the public interest, dissolves the Council with effect from the date of publication of the order, removing the Council's institutional status established by prior government notification.

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Acts Income Tax