"July, 1994" Archive

SEBI (Bankers to an Issue) Regulations, 1994

Notification No. LE/7/94 (14/07/1994)

means an offer of sale or purchase of securities by any body corporate or by any other person or group of persons on his or its or their behalf, as the case may be, to or from the public, or the holders of securities of such body corporate or person or group of persons...

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This notification exempts samples, price lists, prototype of engineering goods

Notification No. 154/94-Customs (13/07/1994)

(A) declares that - (a) the samples have been imported into India solely for the purpose of being shown in India for the guidance of exporters or for securing or executing an export order; (b) the total import value of samples does not exceed Rs. 60,000 or 15 units in number, within the period of the last twelve months; and (B) produces a...

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Notification No. 153/94-Customs, dated: 13.07.1994

Notification No. 153/94-Customs (13/07/1994)

In exercise of the powers conferred under 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 exempts goods (hereinafter referred to as the said goods) of the description specified in column (2) of the Table hereto annexed ...

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Notification No. 152/94-Customs, dated: 13.07.1994

Notification No. 152/94-Customs (13/07/1994)

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 exempts goods (hereinafter referred to as the said goods) of the description specified in column (2) of the Table hereto annexed an...

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This notification exempts aircraft equipment, fuel in the tanks of the aircraft etc

Notification No. 151/94-Customs (13/07/1994)

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 exempts goods (hereinafter referred to as the said goods) of the description specified in column (2) of the Table hereto annexed an...

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Notification No. 148/94-Customs, dated: 13.07.1994

Notification No. 148/94-Customs (13/07/1994)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, bemg satisfied that it is necessary in the public interest so to do, hereby exempts goods (hereinafter referred to as the said goods) of the description specified in column (2) of the Table hereto annexed and...

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Notification No. 147/94-Customs, dated: 13.07.1994

Notification No. 147/94-Customs (13/07/1994)

renowned shot means a person certified by the National Rifle Association as ranking within the first twenty five in the National Championship held immediately preceding the importation....

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Notification No. 146/94-Customs, dated: 13.07.1994

Notification No. 146/94-Customs (13/07/1994)

Exemption to specified sports goods, equipments and requisites and mountaineering equipment imported by National Sports Federation or by a sports person of outstanding eminence for training. Challenge cups and trophies, medals and prizes won by Indian players....

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SC explain principles for amending an act retrospectively

Hitendra Vishnu Thakur Vs State Of Maharashtra (Supreme Court of India)

The Apex Court in Hitendra Vishnu Thakur v. State of Maharashtra (1994) 4 SCC 602 held that a law which affects the substantive rights of any of the parties, the law cannot be retrospective. Every party has a vested right in substantative law but no such right exists in procedural law....

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Steps to check evasion of Central Excise duty on goods transported by Railways – Regarding

Circular No. 46/46/94-CX (04/07/1994)

Circular No. 46/46/94-CX The matter has been taken up with the Railway Board which has informed that instructions have been issued to Zonal Railways to permit authorised officials of Central Excise and Customs Department to obtain information from Railway records. A copy of Railway Board's Letter No. TC-I/94/215/1 dated 28.3.1994 addresse...

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