SEBI is required to send a monthly report on the share price movements, turnover and delivery etc., at the major Stock Exchanges to the Ministry of Finance.
Circular No. 204/38/96-CX Representations have been received from the Trade and various Chambers of Commerce that invoice issues under rule 57G against Gate – passes are not being recognised as duty paying document for availing credit.
Circular No. 203/37/96-CX Certain doubts have been raised in respect of “Value” of export goods for Central Excise purposes, viz.-a) whether Free on Board (FOB) Value mentioned in the shipping bill should necessarily be the same as the value mentioned on AR 4 and the invoice issued under Rule 52A
Circular No. 202/36/96-CX Representations have been received from the Trade that the Modvat Credit is being denied on rule 57G invoice wherein the said invoices have not been pre-printed as original, duplicate, triplicate and quadruplicate in terms of Board”s Circular No. 96/7/95-CX dated 13.02.1995.
