"June, 1998" Archive

separately under two different serial Nos. of the same notification be allowed the benefit of notification – Clarification on

Circular No. 45/98- Customs Duty (30/06/1998)

Chief Commissioner of Customs & Central Excise, New Delhi has sought clarification whether a combination of two equipments which are covered separately under two different Sl. Nos. of the same notification or two different notification can be allowed exemption under the said notification. In the instant case, the equipment was Auto Kerato...

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Notification No. S.O.543(E)-Income Tax Dated 30/6/1998

Notification No. S.O.543(E)-Income Tax (30/06/1998)

Notification No S. O. 543(E)-Income Tax In exercise of the powers conferred by sub-section (4) of section 139A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendments in the notification of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct...

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Notification No. S. O. 1344-Income Tax Dated 30/6/1998

Notification No. S. O. 1344-Income Tax (30/06/1998)

Notification No. S. O. 1344-Income Tax In exercise of the powers conferred by clause (viii) of sub-section (1) of section 36 of the Income-tax Act, 1961, the Central Government hereby makes the following corrections in Notification No. 10625, dated 3-6-1998, in even number: "The name of the company, i.e., Transcrop Housing Finance Ltd. sh...

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SEBI : Trading by Institutional Investors and settlement of trades in Demat Securities

FITTC/DC/1847/98 (29/06/1998)

The approval to NCFM is granted subject to your abiding by all directives issued by SEBI from time to time and the guidelines for conduct of certification examination as enclosed. The NSE may start certification for broker/dealers and salespersons in the derivative market on fulfillment of the conditions as laid down. ...

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Export of Powder Milk (Skimmed or Full Cream/Whole and Infant Milk Food, Pure Milk, Ghee and Butter during the licensing

Policy Circular No. 15 (RE-98)/98-99 (26/06/1998)

It has been decided to release a ceiling of 25000 MT of Powder Milk (Skimmed or Full Cream) whole and Infant Milk Food and 7,500 MT of Milk Ghee and Butter for export during the current licensing year of 1998-99. The above ceiling is placed at the disposal of Agricultural and Processed Food Products Export Development Authority (APEDA) w...

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Imports under leasing arrangement- BE may be filed in the name of importer and lessor

Circular No. 44/98-Customs Duty (26/06/1998)

I am directed to refer to representation dated 5th May, 1998 from M/s All India Association of Industries on the above subject. They have informed that their members are setting up various industrial projects and availing the facility of import of capital goods under leasing agreements. In case of import by different projects, the Bills o...

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EOUs/ EPZ Units – CG depreciation norm raised to 90%

Circular No. 43/98-Customs Duty (26/06/1998)

I am directed to refer to Board's Circular No. 27/98-Cus issued from F. No. 314/19/94-FTT dated 21.4.98. It has been provided in para 4 of the above said Circular that the depreciation for capital goods other than computers, at the following rates may be allowed...

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Public Notice No. 20 (RE-98)/1997-2002, Dated: 26.06.1996

Public Notice No. 20 (RE-98)/1997-2002 (26/06/1998)

In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II- Section 3 – Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the amendment with regard to the validity of the following licens...

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Circular No.405/38/98-CX Dated 25/6/1998

Circular No.405/38/98-CX (25/06/1998)

Circular No.405/38/98-CX It has come to the notice of the Board that Commissioner forward in certain cases proposals for review of the Supreme Court decisions which are adverse to revenue. These proposals in most cases do not give any detailed reasons with facts and earlier case laws on the issues which may justify the Hon"ble Court bein...

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Public Notice No. 19 (RE-98)/1997-2002, Dated: 24.06.1998

Public Notice No. 19 (RE-98)/1997-2002 (24/06/1998)

Attention is invited to Paras 7.8, 7.9 and 7.10 of Handbook of Procedures, Vol.1, 1997-2002, published under the Ministry of Commerce Public Notiice No.1/1997-2002 dated 31.3.1997 and Handbook of Procedure, Vol.2, 1997-2002 published under the Ministry of Commerce Public Notice No.2/1997-2002 dated 31.3.1997. ...

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