Where the applicant of Special Import Licence has given any option for currency in which value on the licence is to be indicated, value of licence is to be indicated in such currency as opted by the applicant. However, in cases where no option has been given by the applicant of Special Import Licence, value of licence is to be indicated in US $ along with Indian Rupees.
The securities lending contract to be entered into by the mutual fund shall carry specifications with regard to the collateral security and its valuation so as to minimize the risk involved,
Notification under Sections 13, 14, 19, 21, 28 and Excise Rules 201, 202 – In exercise of the powers conferred under the provisions of the Central Excise Act, 1944 (1 of 1944) and the Central Excise Rules, 1944 specified under column (2) of the Table below and in supersession of notification of the Government of India in the Ministry of Finance, Department of Revenue No. 102/57-C.E.
