"May, 1999" Archive - Page 3

Notification No. 10935/1999 – Income Tax Dated 25/5/1999

Notification No. 10935/1999 - Income Tax (25/05/1999)

Notification No. 10935/1999 - Income Tax It is notified for general information that enterprise, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002...

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Pre-shipment inspection of silk goods – Laying down a revised procedure – Reg.

Circular No. 28/99-Custom Duty IV (24/05/1999)

I am directed to invite your kind attention on the above subject. As you are aware, the present system of pre-shipment inspection of certain silk goods entails submission of an application with a sample swatch to the CSB Certification Centre by the exporters. This is followed by testing of the sample swatch by CSB to the determine the c...

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Duty Drawback – All Industry Rates of Drawback effective from 1.6.99-SS.No. 63.061 – All Other Made Ups – Clarification.

Drawback Circular No. 27/99-Custom Duty (23/05/1999)

Under the SS No. 63.061 of the Drawback Table, the entry which was "All Other Made Ups when Modvat facility has not been availed" remains the same as it was in the last year"s Table of 1998-99. However, while amending the drawback rate vide Notification 14/99 dated 8.2.99, inadvertently the entry was referred to as "All Other Made Ups" on...

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Duty Drawback – All Industry Rates of Drawback effective from 1.6.99-Instructions regarding.

Draw Back Circular No. 26/99-Custom Duty (21/05/1999)

The Ministry have announced the new All Industry Rates of Drawback vide Notification No. 31/99-Customs (N.T.) dated 20.5.99. These rates will come into effect from 1.6.99. Till such time, the existing rates of drawback will continue to apply. A copy of the Press Note issued is enclosed highlighting the important changes made in the Drawba...

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Circular No. 25/99-Custom Duty Dated 21/5/1999

Circular No. 25/99-Custom Duty (21/05/1999)

Representations have been received from various exports organisations regarding delay in processing and settlement of drawback claims at various Customs locations...

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SEBI : Disclosure of outstanding position

SMDRP/POLICY/CIR-15 /99 (20/05/1999)

his issue of disclosure regarding the outstanding position was further discussed in the meeting of B D Shah Committee on Short Sales held on April 26, 1999. It was noted that presently the outstanding position as reported by the members are disclosed and are not obtained from the system of the Exchange....

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SEBI : Delay in processing dematerialisation requests.

Circular No. 1(99-2000) PMD/SU/11560/99 (20/05/1999)

It has come to our notice that some of the share transfer agents are taking an unduly long time for dematerialisation of shares and are also rejecting the dematerialisation requests on flimsy grounds without providing necessary reasons and legal documentation. ...

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SEBI : Delay in processing dematerialisation requests.

PMD/SU/11560/99 (20/05/1999)

It has come to our notice that some of the share transfer agents are taking an unduly long time for dematerialisation of shares and are also rejecting the dematerialisation requests on flimsy grounds without providing necessary reasons and legal documentation. ...

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Circular No. 457/23/99-CX Dated 20/5/1999

Circular No. 457/23/99-CX (20/05/1999)

Circular No. 457/23/99-CX I am directed to say that in Para 68 of the Budget Speech (1999-2000), the Finance Minister had announced that the factories paying more than 5 crores excise duty in a year will not be required to maintain their records in a specific format prescribed by the Excise Department. The records maintained in the norma...

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SEBI : Managing Directors/Executive Directors of all Stock Exchanges

SMDRP/POLICY/CIR-15/99 (20/05/1999)

This issue of disclosure regarding the outstanding position was further discussed in the meeting of B D Shah Committee on Short Sales held on April 26, 1999....

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