Notification No. G.S.R. 97(E) -
In exercise of powers conferred by clauses (a) and (b) of sub-section (1) of Section 642 of the Companies Act, 1956 (1 of 1956) and all other powers hereunto enabling, the Central Government hereby makes the following rules further to amend the Companies (Central Government's) General Rules and Forms, 1956....
Circular No. 299/15/97- Central Excise -
Circular No. 299/15/97-CX I am directed to say that the Board has decided to review the powers of adjudication with the objective that cases are decided expeditiously, there is even distribution of workload and various doubts in this regard are clarified....
Notification No. G.S.R.94(E) -
In exercise of the powers conferred by sub-section (1) of section 621 of the Companies Act, 1956 (1 of 1956) and in supersession of the Ministry of Law, Justice and Company Affairs (Department of Company Affairs) notification number G. S. R. 69 (E) dated the 15th February, 1995,...
Circular No. 298/14/97- Central Excise -
Circular No. 298/14/97-CX I am directed to say that a case has come to the notice of the Board wherein a Show Cause Notice was issued for demanding duty for a period of five years and the Commissioner while adjudicating the case held that the demand was time barred as there was no suppression of facts etc....
Notification No. S.O. No. 124(E) -
Where there are two or more persons in control over the target company, the cesser of any one of such persons from such control shall not be deemed to be a change in control of management nor shall any change in the nature and quantum of control amongst them constitute change in control of management....
Circular No. 4/97-Custom Duty -
Kind attention is drawn to condition (6) of Notification No. 110/95-Cus. dated 5.6.95 which provides for installation of capital goods imported under EPCG Scheme and for a certificate being obtained from Jurisdictional Asstt. Commissioner of Central Excise, to be produced within 6 months from the date of completion of imports or within th...
Circular No. 297/13/97- Central Excise -
Circular No. 297/13/97-CX I am directed to refer to the above subject and to the date furnished to C & AG in this regard. It appears that divergent criteria were adopted by different wings of the same Commissionerate, namely Audit Wing, Technical Wings etc., the data furnished by the Directorate of Audit and the Directorate General of in...
Notification No.S.O.120(E) - Income Tax -
Notification No.S.O.120(E) - Income Tax In exercise of the powers conferred by clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Alliance Capital Mutual Fund set up under the trust deed dated the 27th December, 1994, between Alliance Capital Management Corporation of Delaware, Un...
Circular No. 304/20/97- Central Excise -
Circular No. 304/20/97-CX I am directed to invite your attention to para 3 of the Board"s Circular No.284/118/96- CX (F.No. 209/54/96- CX.6) dated 13.12.1996, whereby certain exporters have been specified, who are permitted to execute bond without security/ surety subject to the conditions, also specified therein....
Circular No. 296/12/97- Central Excise -
Circular No. 296/12/97-CX The procedural restriction envisaged in sub-rule (2) and 2(A) of rule 224, read with sub-rule (2) of rule 173G of the Central Excise Rules, 1944, regarding removal of excisable goods after 6 P.M. on the day preceding the Budget Day, should be strictly enforced on all assessees, including those working under Sel...