Notification No.S.O.2390 – Income Tax It is notified for general information that M/s. Vibank Housing Finance Ltd., Corporate Office No. 19, Shrutha Complex Primrose Road, Bangalore, have been approved by the Central Government as a housing finance company for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1997-98 to 1999-2000
Circular No. 333/49/97-CX There have been disputes arising in the classification of products under the Central Excise Tariff Act, 1985, which are being claimed by the manufacturers as Ayurvedic medicines, and as per the contention of the department the same were cosmetics/ toilet requisites falling under Chapter 33 of the Central Excise Tariff Act, 1985.
A reference has been made to the Board by CC, Bombay regarding the interpretation of proviso to condition 3 of the Notification No. 104/ 95- Cus. dated 30.5.95
Circular No. 332/48/97-CX It is observed that Commissioners are not yet sending the proposals for filing of Civil Appeals within 10 days the receipt of the certified copy of the CEGAT order in their offices. In some of the cases the proposals have been received after considerable delay, making them as goods as infructuous. The Board has viewed the delay in such cases with concern and has asked the concerned Chief Commissioners to fix responsibility for the delay for appropriate action against the concerned officers.
Kindly refer to Board’s letter F.No. 605/ 75 (A) / 95-DBK dated 8th August, 1997 regarding revised Norms for execution of Bond and Bank Guarantee under DEEC Scheme
It has been observed that most of the correspondence pertaining to Customs Civil cases are received incomplete in the Board. For example the Assistance Commissioner (Legal) would be for warding a copy of the High Court orders for “necessary action at you end”. This is forwarded without any of the supporting documents in the form of opinion of Standing Counsel, Branch Secretariat of Ministry
n exercise of the powers conferred under Section 11 of the SEBI Act, 1992 as also in implementation of the SEBI (Bankers to an Issue) Rules and Regulations, 1994, all bankers to an issue are hereby advised to affix date stamp alongwith a continuous serial number generated by an automatic numbering machine
In exercise of the powers conferred under Section 11 of the SEBI Act, 1992 as also in implementation of the SEBI (Bankers to an Issue) Rules and Regulations, 1994, all bankers to an issue are hereby advised to affix date stamp alongwith a continuous serial number generated by an automatic numbering machine
It has been brought to the notice of the Board that there are considerable delays on account of multiple controls of the units in Export Promotion Zones. It has already been clarified by the Board earlier that the relevant Customs notification authorises the Assistant Commissioner of Customs posted in the Zone to discharge all day to day to day functions including allowing re-report
