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Archive: 17 December 1998

Posts in 17 December 1998

Live Course on Grow Your IDT Practice & Preparation for GSTAT (GST Tribunal)

August 16, 2024 2751 Views 0 comment Print

Join our webinars on GST Tribunals preparation. Learn to grow your IDT practice and prepare for GSTAT with expert guidance. Register now for ₹899 + GST!

Special Additional Duty of Customs (SAD) – Goods for sale are exempted and need no debit in Passbook

December 17, 1998 637 Views 0 comment Print

Importers are entitled to clear goods against debits in valid Passbooks vide Entry No. 13 Notification No. 34/98- Cus. dated 13.6.98. Merchant exporters are otherwise entitled to the benefit of exemption from SAD vide S. No. 12 of Notification No. 34/98-Cus. dated 13.6.98. This is a stand alone entry which exempts all goods which are for sale as such, and so long as the importers make a

nterwork Interface Unit (NIV) is eligible for Duty concession under Notification No. 23/98-Cus.- Boards Circular No. 70/98 dt. 15/98 superseded

December 17, 1998 286 Views 0 comment Print

I am directed to refer to Sl. No. 171 of Notification No. 2398-Cus dated 2.6.98, wherein goods specified in List 29, Sl. No. (i) (a), Wireless in Local Loop System (excluding terminal equipment) for basic Telecom Service Project, are extended concessional duty @ 20% basic and ‘Nil’ additional duty

DEPB – Import (but not export) can be made on any seaport / airport/ ICDs against TRA

December 17, 1998 388 Views 0 comment Print

Please refer to Board’s Circular Nos. 10/ 97- Cus. dated 17.4.97, 28/ 97 – Cus, dated 30.7.97, 5/98- Cus. dated 23.1.98, 19/98- Cus. dated and 33/98- Cus. dated 13.5.98 regarding DEPB Scheme & TRA facility there under

SEBI : Y2K Preparedness Project

December 17, 1998 289 Views 0 comment Print

In this regard, questionnaire were sent to all Registrars to an Issue/Share Transfer Agentson September 19, 1998 and a reminder was sent on October 15, 1998. It is observed that many Intermediaries have not responded and in some cases their system is not Y2K compatible. It is advised that all Registrars to an Issue/Share Transfer Agents shall ensure that their system is Y2K compatible on or before June 30,

SEBI : Y2K Preparedness Project

December 17, 1998 277 Views 0 comment Print

The Year 2000 problem poses a significant challenge for the securities market and other related activities. Failure to address this issue in timely manner would cause operational problems to all the institutions operating in the securities market, even to the extent of disruption of financial markets.

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