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In order to examine the procedures involved in clearance of export and import cargo at the Air Cargo Complexes, the 16th Meeting of Export promotion Board was held at International Cargo Terminal, IGI Airport, New Delhi on 23rd October, 1998. It was presided over by the Cabinet Secretary. The Export Promotion Board visited the cargo handling area with a view to see the various processes
Central Board of Direct Taxes vide its notification dated October 09, 1998 (copy enclosed) has made it mandatory for every person to quote his/her PAN/GIR in all documents pertaining to any contract of a value exceeding ten lakh rupees for sale or purchase of securities as defined in Clause (h) of Section 2 of the SCRA.
Thus in order to have the identity of the trading member’s clients it is necessary to structure the client codes in such a way that identify the actual person to whom the open position belongs.
