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"June, 1996" Archive - Page 2

SEBI : Views of SEs on Reverse Mergers

SMD/RCG/2135/96 05/06/1996

There may as well be some other implications regarding the listing of such companies and hence, we would like to have the views of all the recognised stock exchanges in the matter. ...

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Circular No. 221/55/96-Central Excise, Dated: 04.06.1996

Circular No. 221/55/96-Central Excise 04/06/1996

Circular No. 221/55/96-CX Consolidated maintenance of RG-23A Part II is permitted where the inputs used are common in the manufacture of dutiable and exempted final product. However, the assessee is required to submit a statement giving details of the inputs used and the quantity of the exempted and dutiable final product manufactured, t...

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Cash refund of the accumulated Modvat credit – Regarding

Circular No. 220/54/96-Central Excise 04/06/1996

Circular No. 220/54/96-CX It has been represented that the Central Excise authorities are not sanctioning cash refunds of the accumulated Modvat credit under the provisions of rules 57F (4) of the Central Excise Rules, 1944. As a consequence, large sums of money are lying tied-up in the accumulated Modvat credit account with exporters ru...

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Denial of Modvat credit on duty paid inputs owing to the variation of classification upto six-digit level- Regarding

Circular No. 219/53/96-Central Excise 04/06/1996

Circular No. 219/53/96-CX Under the provisions of rule 57G of the Central Excise Rules, 1944 any manufacturer of the excisable goods intending to avail of the credit of duty paid on inputs of the excisable goods intending to avail of the credit of duty paid on inputs in required to file a declaration in the prescribed form giving complet...

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Transit Sale – Movement of goods under rule 52A invoice- Regarding

Circular No. 218/52/96-Central Excise 04/06/1996

Circular No. 218/52/96-CX The Board vide its Circular No. 96/7/96- CX dated 13.2.1996 clarified that under the heading "Transit sale" movement of goods could take place directly on a Rule 52 A invoice from the manufacturer"s premises to the user"s premises on an order being placed by the dealer of excisable goods without being brought to...

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SEBI : Payment of SEBI Registration fees by members of the Exchange

SMD/ED/2132/96 04/06/1996

You may like to bring to the notice of members that non-payment of requisite fee in time will attract penal provision as prescribed under SEBI (Stock Brokers and Sub-Brokers) Rules and Regulations, 1992....

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Circular No. 218/52/96-Central Excise, Dated: 04.06.1996

Circular No. 218/52/96-Central Excise 04/06/1996

Transit Sale - Movement of goods under rule 52A invoice- Regarding. The Board vide its Circular No. 96/7/96- CX dated 13.2.1996 clarified that under the heading 'Transit sale' movement of goods could take place directly on a Rule 52 A invoice from the manufacturer's premises to the user's premises on an order being placed by the dealer of...

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