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Archive: November, 1998

Posts in November, 1998

Notification No. S. O. 1014(E)-Income Tax Dated 27/11/1998

November 27, 1998 639 Views 0 comment Print

Notification No. S. O. 1014(E)-Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies : (i) the 5 years 13.25% ICICI Regular Income Bonds-I bearing distinctive numbers 1 to 74061 of the face value of rupees five thousand each;

Notification No. S. O. 1015(E)-Income Tax Dated 27/11/1998

November 27, 1998 744 Views 0 comment Print

Notification No. S. O. 1015(E)-Income Tax In exercise of the powers conferred by sub-clause (ii) of clause (10AA) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the maximum amount receivable by its employees as cash equivalent of leave salary in respect of the period of earned leave at their credit at the time of their retirement, whether on superannuation

This notification imposes anti dumping duty on Hot Roll coils, Strips, sheet and plates originating in or exported from Russia, Kazakhstan and Ukraine

November 27, 1998 637 Views 0 comment Print

In the matter of import of hot rolled coils, strips, sheets and plates falling under Chapter heading No. 72.08 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and originating in, or exported from, Russia, Kazakhstan and Ukraine, the designated authority vide its preliminary findings, published in Part I, section 1 of the Gazette of India, Extraordinary, dated the 17th June, 1998, had come to the conclusion.

This notification imposes anti dumping duty on polystyrene originating in or exported from Malaysia, Republic of Korea, Taiwan and Japan

November 27, 1998 661 Views 0 comment Print

On the basis of the aforesaid findings of the Designated Authority, the Central Government has imposed anti-dumping duty vide Notification No. 43/98-Customs, dated the 30th June, 1998 [G.S.R. 371(E), dated 30th June, 1998], published in Part II, section 3, sub-section (i) of the Gazette of India Extraordinary, dated the 30th June, 1998 (hereinafter referred to as the provisional duty).

Circular No. 433/66/98-Central Excise, Dated: 27.11.1998

November 27, 1998 1621 Views 0 comment Print

Circular No. 433/66/98-CX I am directed to say that certain doubts have arisen regarding the classification of fusible interlining cloth after the omission of Chapter Note 2(c) of Chapter 59 of the Central Excise Tariff with effect from 16.3.95. Specifically, doubts have been raised as to whether fusible interlining cloth continues to be classifiable under Chapter Heading 59.03 of the Central Excise Tariff Act, 1985 after the omission of the above mentioned Chapter Note.

Notification No. S. O. 2682-Income Tax Dated 26/11/1998

November 26, 1998 483 Views 0 comment Print

Notification No. S. O. 2682-Income Tax Consequent to the transfer of the charge of Commissioner of Income-tax (Appeals)-VII, Calcutta, from the region of the Chief Commissioner of Income-tax, Calcutta to Hazaribagh, vide Board’s letter F. No. A-11018/13/98-Ad. VII, dated 1st September, 1998, the said charge stands abolished with immediate effect.

Notification No. 33 (RE-98) 1997-2002, Dated: 26.11.1998

November 26, 1998 487 Views 0 comment Print

Such Export House/Trading House/ Star Trading House/ Super Star Trading House shall be entitled to such benefits as specified in Chapter 12 of the Handbook of Procedures (Vol.1). However, the entitlement of SIL under Chapter 12 shall be calculated on the basis of payments received in free foreign exchange instead of FOB value of exports.

Notification No. 33 (RE-98) 1997-2002 Dated: 26/11/1998

November 26, 1998 619 Views 0 comment Print

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB SECTION (ii) GOVERNMENT OF INDIA MINISTRY OF COMMERCE NOTIFICATION NO. 33 (RE-98) 1997-2002 NEW DELHI: 26.11.1998 In exercise of powers conferred by section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of the […]

Circular No. 432/65/98-Central Excise-3 Dated: 23.11.1998

November 23, 1998 733 Views 0 comment Print

Circular No. 432/65/98-CX-3 I am directed to say that it has been gathered that some color television (TV) manufacturers have adopted the practice of making the Retail Sale Price (RSP) on the colour TV packages at an amount which is lower than the amount actually collected or payable by the ultimate consumer. It has been reported that the job-manufacturer clears the colour TVs manufactured by him to the ” brand name holder” at the same price as declared on the cartons.

SEBI : Reporting of transactions by registered Foreign Institutional Investors (FII).

November 20, 1998 1150 Views 0 comment Print

When the MPR is not matching with SEBI’s data, SEBI would be sending the transaction records, which are not matching, to the custodians for reconciliation. The custodian would thereafter send the records, which are amended, deleted or not reported earlier, in a separate file along with a hard copy of the same by the fifteenth of the current month.

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