"September, 1998" Archive

One-time Extension in Export Obligation for Bonafide Default in respect of Old Advance Licences

Public Notice No. 44 (RE-98) 1997-2002 (28/09/1998)

Attention is invited to Public Notice No. 7 (RE-98) 1997- 2002 dated 24.4.98 wherein one time extension upto 30th September, 1998 in export obligation period for Quantity Based Advance Licences was provided,subject to the terms and conditions indicated therein....

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Circular No. 424/57/98-CX Dated 25/9/1998

Circular No. 424/57/98-CX (25/09/1998)

Circular No. 424/57/98-CX It was brought to the notice of the Board that consequent upon rescinding of Rule 56 A of the Central Excise Rules, 1944 containing the provisions of Proforma credit end extension of Modvat credit to the goods covered under the said Proforma credit with effect from 20th May, 1944 certain intermediate products su...

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Circular No. 73/98- Customs Duty Dated 25/9/1998

Circular No. 73/98- Customs Duty (25/09/1998)

Mumbai Custom House has reported that certain that certain parties have managed to obtain DEPB Scrips on the basis of forged documents in the name of following non-existant firms...

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Substitution of Appendix 27,29 & 36

Public Notice No. 43 (RE-98)/1997-2002 (25/09/1998)

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 31.3.1997, the Director General of Foreign Trade hereby makes following amendment in the Handbook of Procedures (Vol....

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Notification No. S. O. 2121-Income Tax Dated 24/9/1998

Notification No. S. O. 2121-Income Tax (24/09/1998)

Notification No. S. O. 2121-Income Tax In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Archery Association of India", New Delhi, for the purpose of the said clause for the assessment years 1998-99 to 2000-01 subject to the following cond...

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Baggage Imports by Tourists – ‘Personal Effects’ for Insole/ Midsole is Must for Duty Exemption

Circular No. 72/98- Customs Duty (24/09/1998)

In the Estimates Committee (1994-95) of the 10th Lok Sabha, the Government had undertaken to review the Baggage Rules permitting the travellers to bring in Note Book Computers and other essential items so that harassment to the general passengers could be eliminated. The Committee has desired an expeditious review of the matter. The matte...

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SEBI : Trading and settlement of trades in Demat Securities

SMDRP/POLICY CIR.-27/448/98 (24/09/1998)

Please refer to our Circular No. SMD/Policy/Cir.19/2435/98 dated July 29, 1998 advising inter alia, the list of scrips for compulsory settlement of trades in demat form for the Institutional Investors, viz., Domestic Financial Institutions, Banks, Mutual Funds and Foreign Institutional Investors and Overseas Corporate Bodies. ...

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SEBI : Trading and settlement of trades in Demat Securities

SMD/POLICY CIR-27/448/98 (24/09/1998)

It was also decided that delivery of dematerialised securities shall be treated as good delivery for negotiated deals also. Besides, the institutional investors should compulsorily deliver securities in demat form for trades executed as negotiated deal in respect of securities which are announced by SEBI from time to time for compulsory d...

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Circular No. 423/56/98-CX Dated 22/9/1998

Circular No. 423/56/98-CX (22/09/1998)

Circular No. 423/56/98-CX Certain doubts have been raised regarding whether the erroneous refunds granted could be recovered by recourse to review under Section 35-E of the Central Excise Act or demands under Section 11A within the statutory time limit as laid down....

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Public Notice No. 42 (RE-98)/1997-2002 Dated: 21/09/1998

Public Notice No. 42 (RE-98)/1997-2002, (21/09/1998)

The description of export product at S.No. 59 of textile product as given in Annexure to Public Notice No. 6(RE-98) shall be amended to read as "Cotton fabric Dyed and /or printed and/or bleached....

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