"June, 1999" Archive

Circular No. 41/99-Custom Duty Dated 30/6/1999

Circular No. 41/99-Custom Duty (30/06/1999)

Requests have been received from the trade as also the Ministry of Commerce that the EOU/EPZ/STP/EHTP unit should be allowed to install computers obtained duty-free in their administrative/registered office outside the bonded premises...

Read More

Notification No. 82/1999-Customs, dated 30-6-1999

Notification No. 82/1999-Customs (30/06/1999)

In exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, 1975 (51 of 1975), read with Rules 12 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, and based upon the final findings of the Director General (Safeguards) dated the 12th May, 1999, published in the...

Read More

Circular No. 464/30/99-CX Dated 30/6/1999

Circular No. 464/30/99-Central Excise (30/06/1999)

Circular No. 464/30/99-CX This is with reference to manufacture of particle boards (plain and pre-laminated) made from sugarcane bagasse and other agricultural wastes. during the process of manufacture specially developed binders and mixed with the agricultural residues like dried sugarcane bagasse. These binder/resin/glues are specific...

Read More

Circular No. 463/29/99-CX Dated 30/6/1999

Circular No. 463/29/99-Central Excise (30/06/1999)

Circular No. 463/29/99-CX Zafrani Zarda & Pan Masala Association of India has represented that their member units are engaged in manufacture of pan masala falling under chapter heading 21.06 and marketing in pouches of varous sizes, i.e. 2 gms, 4 gms., and 20 gms. The pouches are filled inby the automatic form fill and seal machines whic...

Read More

Circular No. 40/99-Custom Duty Dated 28/6/1999

Circular No. 40/99-Custom Duty (28/06/1999)

A doubt has arisen as to whether the activities like mixing, sieving, assortment and cleaning etc. in respect of imported cut and polished diamonds and cut and polished coloured gemstones can be allowed to be carried out in the private/public bonded warehouses set-up under Paragraph 8.13 of the Import and Export Policy, 1997-2002, before ...

Read More

Notification No. S.O.513(E) – Income Tax Dated 28/6/1999

Notification No. S.O.513(E) - Income Tax (28/06/1999)

Notification No.S. O. 513(E) - Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the National Bank for Agriculture and Rural Development Tax-free Bonds-2004 (II Series) carrying an interest of 8.25% p...

Read More

Notification No. S.O.510(E) – Income Tax Dated 28/6/1999

Notification No. S.O.510(E) - Income Tax (28/06/1999)

Notification No. S. O. 510(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 the 7-years 14.5% Secured, Redeemable, Non-convertible and Taxable Debentures in the nature of bonds (VIIth Issue--I Series) of R...

Read More

Notification No. S.O.509(E) – Income Tax Dated 28/6/1999

Notification No. S.O.509(E) - Income Tax (28/06/1999)

Notification No.S. O. 509(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 the 5-years 13.5% Secured, Redeemable, Non-convertible and Taxable Debentures in the nature of bonds (VIIth Issue---II Series) of...

Read More

Notification No. S.O.508(E) – Income Tax Dated 28/6/1999

Notification No. S.O.508(E) - Income Tax (28/06/1999)

Notification No.S. O. 508(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 the 5-years 13.5% Secured Redeemable Non-convertible and Taxable Debentures in the nature of bonds Power Grid Bonds (VIIth Issue) ...

Read More

Notification No. S.O.507(E) – Income Tax Dated 28/6/1999

Notification No. S.O.507(E) - Income Tax (28/06/1999)

Notification No.S. O. 507(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 the debentures, in the nature of bonds, namely...

Read More

Notification No. S.O.506(E) – Income Tax Dated 28/6/1999

Notification No. S.O.506(E) - Income Tax (28/06/1999)

Notification No.S. O. 506(E) - Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Nuclear Power Corporation of India Limited Tax-free Bonds (Series XII) carrying an interest of 10.5% per annum for ...

Read More

Notification No. S.O.505(E) – Income Tax Dated 28/6/1999

Notification No. S.O.505(E) - Income Tax (28/06/1999)

Notification No.S. O. 505(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 the Taxable Unsecured and Redeemable Housing and Urban Development Corporation Infrastructure Bonds (Series-I) bearing distinctive...

Read More

Notification No. S.O.504(E) – Income Tax Dated 28/6/1999

Notification No. S.O.504(E) - Income Tax (28/06/1999)

Notification No.S. O. 504(E) - Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies...

Read More

Notification No. 10982/1999 – Income Tax Dated 28/6/1999

Notification No. 10982/1999 - Income Tax (28/06/1999)

Notification No. 10982/1999 - Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the National Bank for Agriculture and Rural Development tax-free Bonds-2004 (II-Series) carrying an interest of 8.25% pe...

Read More

Notification No. 10977/1999 – Income Tax Dated 28/6/1999

Notification No. 10977/1999 - Income Tax (28/06/1999)

Notification No. 10977/1999 - 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 5 years 13.5% secured redeemable non-convertible and taxable debentures in the nature of bonds Power Grid Bonds (VIIth-Issue) beari...

Read More

Notification No. 10976/1999 – Income Tax Dated 28/6/1999

Notification No. 10976/1999 - Income Tax (28/06/1999)

Notification No. 10976/1999 - 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 the debentures, in the nature of bonds, namely...

Read More

Notification No. 10975/1999 – Income Tax Dated 28/6/1999

Notification No. 10975/1999 - Income Tax (28/06/1999)

Notification No. 10975/1999 - Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the IT, 1961 (43 of 1961), the Central Government hereby specifies the Nuclear Power Corporation of India Limited Tax-free Bonds (Series-XII) carrying an interest of 10.5% per annum for financial yea...

Read More

Notification No. 10974/1999 – Income Tax Dated 28/6/1999

Notification No. 10974/1999 - Income Tax (28/06/1999)

Notification No. 10974/1999 - 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 the taxable, unsecured and redeemable Housing and Urban Development Corporation Infrastructure Bonds (Series-I) bearing distinctive ...

Read More

Notification No. 10973/1999 – Income Tax Dated 28/6/1999

Notification No. 10973/1999 - Income Tax (28/06/1999)

Notification No. 10973/1999 - Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies...

Read More

Circular No. 39/99-Custom Duty Dated 25/6/1999

Circular No. 39/99-Custom Duty (25/06/1999)

Various representations have been received from Trade/Exporters that wherever final goods exported by them are liable to compounded levy of Central Excise duty, in such cases, the exporters are unable to avail of Modvat Credit ot additional customs duty (CVD) paid in cash on imported inputs, or excise duty paid on indigenous inputs, utili...

Read More

Circular No. 38/99-Custom Duty Dated 25/6/1999

Circular No. 38/99-Custom Duty (25/06/1999)

Para 6 of CIrcular No. 10/97-Cus. provided that, under DEPB Scheme, imports and exports can be undertaken only from the port of registration of the DEPB scrip. This condition was relaxed by issue of Circular No. 28/97-Cus. to permit imports from Delhi, Mumbai, Calcutta and Chennai, for DEPB Scrips registered at any of these ports. Further...

Read More

This notification imposes anti dumping duty on Bisphenoel-A imported from Brazil and Russia

Notification No. 78/1999-Customs (25/06/1999)

In exercise of the powers conferred by sub-sections (1) and (6) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping duty on Dumped Articles and for Determination of Injury) Rules, 1995 and based upon the findings of the Designated Au...

Read More

Notification No. 10969/1999 – Income Tax Dated 25/6/1999

Notification No. 10969/1999 - Income Tax (25/06/1999)

Notification No. 10969/1999 - Income Tax In exercise of the powers conferred by sub-clause (ii) of first proviso to clause (10B) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the maximum amount of compensation which may be received by a workman at the time of his retrenchment, hereby spe...

Read More

Public Notice No. 15 (RE-90)/1997-2002, Dated: 25.06.1999

Public Notice No. 15 (RE-90)/1997-2002 (25/06/1999)

The export license shall be issued by the Directorate General of Foreign Trade only when the firm produces a certificate of physical verification of stock from the Regional Deputy Director Wild Life in case of Delhi/Bombay/Calcutta /Madras or from the Divisional/District Forest Officer or Deputy Conservator of Forests of the concerned ter...

Read More

Public Notice No.14 (RE-99)/1997-2002, Dated: 25.06.1999

Public Notice No.14 (RE-99)/1997-2002 (25/06/1999)

Attention is invited to Ministry of Commerce (Import Trade Control) Public Notice No. 74-ITC(PN)/85-88 dated the 21st February, 1986 on the subject mentioned above. It is hereby informed that in pursuance of the relevant provisions contained in the Indo-USSR deferred payments protocol dated the 30th April, 1981 and 23rd December, 1985....

Read More

Circular No. 37/99-Custom Duty Dated 24/6/1999

Circular No. 37/99-Custom Duty (24/06/1999)

Para 7.36A of the Handbook of Procedure, Vol.I pertaining to current Exim Policy has been amended vide DGFT"s Public Notice No. 10 (RE-99)/1997-2002 dated 7th June, 1999 to the effect that DEPB credit entitlement, in respect of export products whose DEPB rate is 10% or more, shall not exceed 50% of the PMV of the goods...

Read More

Circular No. 36/99-Custom Duty Dated 24/6/1999

Circular No. 36/99-Custom Duty (24/06/1999)

I am directed to refer to Board"s Circular No. 89/98-Cus., dated the 3rd December,1998 on the subject mentioned above and to say that doubts have been raised regarding applicability of Paragraph 2(c) of the said Circular to the Air Cargo Complexes other than the Air Cargo complex, New Delhi...

Read More

Circular No. 35/99-Custom Duty Dated 22/6/1999

Circular No. 35/99-Custom Duty (22/06/1999)

I am directed to refer to Board"s Circular No. 90/98-Cus.IV dated the 8th December, 1998 on the above mentioned subject and to say that doubts have been raised regarding percentage of examination as prescribed in Para 7 of the Circular and applicability of Scheme to FOUs as provided in Para 9 of the said Circular. The issue have been exa...

Read More

Notification No. S.O.473(E) – Income Tax Dated 21/6/1999

Notification No. S.O.473(E) - Income Tax (21/06/1999)

Notification No. S. O. 473(E) - Income Tax In exercise of the powers conferred by sub-clause (ii) of clause (b) of section 245N of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies following class of persons as applicants for the purpose of Chapter XIX-B of the Income tax Act, namely ...

Read More

Notification No. 10965/1999 – Income Tax Dated 21/6/1999

Notification No. 10965/1999 - Income Tax (21/06/1999)

Notification No. 10965/1999 - Income Tax In exercise of the powers conferred by sub-clause (ii) of clause (b) of section 245N of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies following class of persons as applicants for the purpose of Chapter XIX-B of the Income-tax Act, namely...

Read More

Circular No. 462/28/99-CX Dated 21/6/1999

Circular No. 462/28/99-Central Excise (21/06/1999)

Circular No. 462/28/99-CX I am directed to say that a doubt has arisen whether the rebate of central excise duty paid processed textiles fabrics notified under section 3A of the Central Excise Act, 1944 for the period 16.12.98 (the day processed fabrics were covered were covered under this levy based on capacity of production) and 15.2....

Read More

Specific rates of duty on Polymers

Circular NO.34/99-Custom Duty (18/06/1999)

It has been brought to the notice of the Board that in respect of several item of imports wide variation between the declared import values and normal prices or prices indicated in accredited journals which publish traded prices for various commodities is being observed. In particular, commodities prone to such under-declaration of value ...

Read More

Policy Guidelines for Consideration of requests for ad-hoc Exemption under Section 25(2).

Circular NO.33/99-Custom Duty (18/06/1999)

In supersession of the Office Memorandum dated 8th October, 1996 , the Hon"ble FM has approved the following guidelines for consideration of request for exemption from Customs duty under section 25(2) of the Customs Act, 1962, as amended by the Finance Act, 1999...

Read More

Public Notice No. 13 (RE-99)/1997-2002, Dated: 18.06.1999

Public Notice No. 13 (RE-99)/1997-2002 (18/06/1999)

In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II- Section 3 – Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures (Vol.1) (RE...

Read More

Notification No. 14 (RE-98) 1997-2002, Dated: 18.06.1999

Notification No. 14 (RE-98) 1997-2002 (18/06/1999)

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 Export and Import Policy, 1997-2002 (incorporating amendment made upto 31.3.99), the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002....

Read More

SEBI : All Bankers to Issues

CIrcular No. 2(1999-2000) (17/06/1999)

issued to the Banks registered with the Board as Bankers to an Issue in the matter of maintaining principal account with other Bank for their own issues and also for payment of Refund Warrants, Dividend Warrants etc....

Read More

SEBI : Bank Guarantees from Scheduled Co-operative Banks

SMDRP/POLICY/CIR-17 /99 (17/06/1999)

The above-referred circulars provided for the conditions to be fulfilled for the acceptance of bank guarantees towards the base minimum and the incremental capital requirements of the brokers. In this respect, it was inter-alia mentioned that the bank guarantees should be from a specified...

Read More

SEBI : All Bankers to an Issues

CIRcular No. 2(1999-2000) (17/06/1999)

Please refer to our BTI Circular No.1 (98-99) dated June 17, 1998 issued to the Banks registered with the Board as Bankers to an Issue in the matter of maintaining principal account with other Bank for their own issues and also for payment of Refund Warrants, ...

Read More

SEBI : All Bankers to Issues

BTI Circular No. 2(1999-2000) (17/06/1999)

Board has received several representations over a period of time from various Banks and also from Indian Banks’ Association and Private Sector Banks’ Association. ...

Read More

SEBI : Bank Guarantees from Scheduled Co-operative Banks

SMDRP/POLICY/CIR-17 /99 (17/06/1999)

circulars provided for the conditions to be fulfilled for the acceptance of bank guarantees towards the base minimum and the incremental capital requirements of the brokers. In this respect, it was inter-alia mentioned that the bank guarantees should be from a specified scheduled commercial banks....

Read More

SEBI : BTI Circular No. 2 (1999-2000)

BTI Circular No. 2(1999-2000) (17/06/1999)

Board has received several representations over a period of time from various Banks and also from Indian Banks' Association and Private Sector Banks' Association. The matter was referred to Reserve Bank of India and they also recommended that Banks may be exempted from the requirements prescribed under the aforesaid Circular....

Read More

Notification No. S.O.440(E) – Income Tax Dated 15/6/1999

Notification No. S.O.440(E) - Income Tax (15/06/1999)

Notification No.S. O. 440(E) - Income Tax In Exercise of the powers conferred by sub-section 80-IB of the Income-tax Act, 1961 (43 of 1961), and in supersession of the notification of the Government of India, in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) Number 714(E), dated 7th October, 1997, except a...

Read More

Notification No. S.O.439(E) – Income Tax Dated 15/6/1999

Notification No. S.O.439(E) - Income Tax (15/06/1999)

Notification No.S.O. 439(E) - Income Tax In exercise of the powers conferred by section 295, read with sub-section (5) of section 80-IB of the Income-tax Act, 1961 (43 of 1961), the Cnetral Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely ...

Read More

Notification No. 10958/1999 – Income Tax Dated 15/6/1999

Notification No. 10958/1999 - Income Tax (15/06/1999)

Notification No. 10958/1999 - Income Tax In exercise of powers conferred by sub-section (5) of section 80-IB of the Income-tax Act, 1961 (43 of 1961), and in supersession of the notification of the Government of India, in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) number 714(E) dated 7th October, 1997, ...

Read More

Import of Cinematograph Feature Films and Video Films

Public Notice No. 12 (RE-99)/1997-2002 (15/06/1999)

In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II-Section 3 – Sub-section (ii) vide S.O. No. 83(E) dated 31.3.1997, the Director General of Foreign Trade hereby further amends paragraph(i ) of Public Notice No. 4(PN)/97-02 dated the...

Read More

Notification No.13 (RE-99) 1997-2002, Dated: 15.06.1999

Notification No.13 (RE-99) 1997-2002 (15/06/1999)

In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the Notification of Government of India, Ministry of Commerce No. 11(RE 99)/1997-2002 dated ...

Read More

SEBI : Abolition of Standard Denomination for Equity Shares

SMDRP/POLICY /CIR-16 /99 (14/06/1999)

The companies desirous to avail of this facility would be required to adhere to disclosure and accounting norms as may be specified from time to time....

Read More

Notification No. S.O.435(E) – Income Tax Dated 14/6/1999

Notification No. S.O.435(E) - Income Tax (14/06/1999)

Notification No.S. O. 435(E) - Income Tax In exercise of the powers conferred by section 295, read with sub-section (6) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Cnetral Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely ...

Read More

Notification No. S.O.434(E) – Income Tax Dated 14/6/1999

Notification No. S.O.434(E) - Income Tax (14/06/1999)

Notification No.S. O. 434(E) - Income Tax In exercise of the powers conferred by sub-section (7) of section 80-IA of the income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely...

Read More

Notification No. 10955/1999 – Income Tax Dated 14/6/1999

Notification No. 10955/1999 - Income Tax (14/06/1999)

Notification No. 10955/1999 - Income Tax In exercise of powers conferred by sub-section (7) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely ...

Read More

SEBI : Abolition of Standard Denomination for Equity Shares

SMDRP/POLICY /CIR- 16 /99 (14/06/1999)

The consequential changes in SEBI (Disclosure and Investor Protection) Guidelines for the new public and rights issues are being issued separately....

Read More

Circular No. 461/27/99-CX Dated 11/6/1999

Circular No. 461/27/99-Central Excise (11/06/1999)

Circular No. 461/27/99-CX Your attention is invited to Board"s earlier Circular No. 7/90-CX.3 dated 23.2.90 regarding Central Excise classification of products made out of combination of plastics and material other than textiles....

Read More

Circular No. 460/26/99-Central Excise Dated 11.6.1999

Circular No. 460/26/99-Central Excise (11/06/1999)

Circular No. 460/26/99-CX I am directed to say that the Standing Committee on Finance on Demands-for-Grants (1999-2000) of Ministry of Finance (Department of Revenue) in its Twenty First Report emphasized the need for evolving a multi-pronged strategy to check evasion of central excise duty....

Read More

Exempting goods imported against an Anual Advance License from levy of Anti-dumping Duty

Notification No. 75/99-Customs (11/06/1999)

Notification No. 75/99-Customs dated 11-6-1999 Exemption from Anti-dumping duty to imports against Annual advance licencewhen utilised in discharge of export obligation. -...

Read More

Notification No. S.O.1673 – Income Tax Dated 9/6/1999

Notification No. S.O.1673 - Income Tax (09/06/1999)

Notification No.S. O. 1673 - Income Tax It is notified for general information that Anagram Housing Finance Ltd., 901, Sakar Complex, Ashram Road, Ahmedabad, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income tax Act, 1961, for the assessment years 1996-97, 1997-98 and 1998-99...

Read More

Notification No. S.O.1672 – Income Tax Dated 9/6/1999

Notification No. S.O.1672 - Income Tax (09/06/1999)

Notification No.S. O. 1672 - Income Tax It is notified for general information that. BOB Housing Finance Limited, D-38A, Ashok Marg, 'C' Scheme, Jaipur-302001, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment year 1999-2000...

Read More

Notification No. 10952/1999 – Income Tax Dated 9/6/1999

Notification No. 10952/1999 - Income Tax (09/06/1999)

Notification No. 10952/1999 - Income Tax It is notified for general information that M/s Anagram Housing Finance Ltd., 901, Sakar Complex, Ashram Road, Ahmedabad, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961 for the assessment years 1996-97, 1997-98 and 1999-99...

Read More

Notification No. 10951/1999- Income Tax Dated 9/6/1999

Notification No. 10951/1999- Income Tax (09/06/1999)

Notification No. 10951/1999- Income Tax It is notified for general information that M/s BOB Housing Finance Limited, D-38A, Ashok Marg "C" Scheme, Jaipur-302001 has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961 for the assessment year 1999-2000...

Read More

Notification No. 41/1999-Central Excise (N.T.) Dated 9.6.1999

Notification No. 41/1999-Central Excise (N.T.) (09/06/1999)

In exercise of the powers conferred by sub-section (5) of section 32A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby establishes the three additional Benches of the Customs and Central Excise Settlement Commission each at Mumbai, Chennai and Calcutta...

Read More

Notification No. 40/1999-Central Excise (N.T.) Dated 9.6.1999

Notification No. 40/1999-Central Excise (N.T.) (09/06/1999)

Notification under Section 32 - In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 32 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby constitutes a Commission to be called the Customs and Central Excise Settlement Commission...

Read More

Circular No. 776-Income Tax Dated 8-6-1999

Circular No. 776-Income Tax (08/06/1999)

Circular No. 776-Income Tax Circular No. 573, F.No. 200/115/90-ITA-I, dated 21-08-1990 provided that a lump sum ex gratia payment made, to the widow or other legal heirs of an employee, who dies while still in active service, will not be taxable as income under the Income-tax Act, 1961...

Read More

This notification specified goods imported by Power Grid Corporation of India

Notification No. 73/99-Customs (08/06/1999)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the following equipment required for the setting up of Rihand-Sasaram-Biharshariff HVDC Link Back to Back Station Project, ...

Read More

Public Notice No. 11 (RE-99)/1997-2002, Dated: 07.06.1999

Public Notice No. 11 (RE-99)/1997-2002 (07/06/1999)

In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II- Section 3 – Sub- section (ii) vide S.O No.283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the following amendment in Appendix-28A of the Handbook of Procedu...

Read More

Public Notice No. 10 (RE-99)/1997-2002, Dated: 07.06.1999

Public Notice No. 10 (RE-99)/1997-2002 (07/06/1999)

In exercise of the powers conferred by section 13 of the Foreign Trade (Development and Regulalation) Act, 1992 (22 of 1992) and in supersession of Notification of the Government of India in the Ministry of Commerce No. 145(E) dated 24th February, 1998 published in the Gazette of India(Extraordinary) Part-II section 3, sub-section (ii), e...

Read More

Policy Circular No. 17 (RE-99)/99-2000, Dated: 06.07.1999

Policy Circular No. 17 (RE-99)/99-2000 (07/06/1999)

A clarification has been sought whether Kar Vivad Samadhan Scheme is applicable to various Export Promotion Scheme like Duty Exemption Scheme/ Pass Book Scheme/ EPCG Scheme. The matter has been examined in consultation with the Department of Revenue. It is hereby clarified that if the licence holder settles the custom dues under the Kar V...

Read More

Classification of various Products under ITC(HS) Classifications of Export & Import Items (1997-2002)-clarifications regarding

Policy Circular No. 14 (RE-99)/1999-2000 (07/06/1999)

This Directorate has been receiving representations from various quarters seeking clarifications as regards the Classification of certain specific items under the ITC(HS) Classifications of Export and Import Items, 1997-2002. Such requests for issue of appropriate clarifications etc. have been examined and based on the decision(s) arrived...

Read More

Circular No. 459/25/99-Central Excise Dated 5.6.1999

Circular No. 459/25/99-Central Excise (05/06/1999)

Circular No. 459/25/99-CX I am directed to draw your attention to the Notification No. 37/99-Central Excise (N.T.) dated 4th June, 1999 whereby rule 173C of the Central Excise Rules, 1944 have been amended to incorporate Sub-rule (2a) containing a provision for filing of "Declaration" by the Central Excise assessees who manufacture the e...

Read More

Classification of Brass and Iron Artware/Handicrafts – Regarding

Circular NO.32/99-Custom Duty (04/06/1999)

Attention is invited to the Board"s Circular Number 128/39/95 dated 25.05.1995 and Circular Number 280/114/96-Cx. dated 19.12.96 wherein it was stated that criteria for treating an item as "Handicraft" as laid down by the Hon"ble Supreme Court in case of CCEx. New Delhi V/s LouisShoppe and Anr.[1996(83) ELT 13(S()] may be kept in view...

Read More

Notification No. S.O.420(E) – Income Tax Dated 4/6/1999

Notification No. S.O.420(E) - Income Tax (04/06/1999)

Notification No.S.O. 420(E) - Income Tax In exercise of the powers conferred by section 295, read with section 44AB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely...

Read More

Export of value added Sugar in consumer packs upto 2 kgs. during 1999-2000

Policy Circular No.13 (RE-99)/1999-2000 (04/06/1999)

APEDA will ensure that the overall ceiling earmarked for value added sugar in consumer pack upto 2 kgs shall not exceed the limit of 25,000MTs for the Current Licensing year 1999-2000 under any circumstances. As soon as the ceiling is exhausted, APEDA will report this fact to the M/O Commerce , EP(Agri.II ) Section as well as to this offi...

Read More

Export of Wheat and Wheat porducts during the Licensing year 1999-2000

Policy Circular No. 12 (RE-99)/99-2000 (04/06/1999)

It has been decided to release a ceiling of 1 million tons of wheat for export and also to allow export of wheat products without any quantitative ceiling during the Current Licensing year of 1999-2000 and place it at the disposal of APEDA who will allocate the ceiling as per procedure laid down by them....

Read More

Notification No. 12 (RE-99) 1997-2002, Dated: 04.06.1999

Notification No.12 (RE-99) 1997-2002 (04/06/1999)

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 Export and Import Policy, 1997-2002 ( incorporating amendments made up to 31.3.1999), the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002....

Read More

Notification No. 11 (RE-99) 1997-2002, Dated: 03.06.1999

Notification No. 11 (RE-99) 1997-2002 (03/06/1999)

The consignments accompanying a certificate for grade of raw silk of 2 A and above given by any foreign certifying agency, whether specified or not in the Licensing Note 3 above (inserted vide Notification No. 9 dated 19.5.99) may be treated as of grade 2A and above and permitted to be cleared on the strength of the said certificates wit...

Read More

Notification No. S.O.410(E) – Income Tax Dated 2/6/1999

Notification No. S.O.410(E) - Income Tax (02/06/1999)

Notification No.S. O. 410(E) - Income Tax In exercise of the powers conferred by section 295, read with sub-clause (iii) of clause (b) of sub-section (2) of section 80HHB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules futher to amend the Income-tax Rules, 1962, namely...

Read More

SEBI : Treatment of stock-invests, after basis of allotment is finalised.

PMD/SU/12024/99 (01/06/1999)

As per our Circular PMD/Cir. 11006/92, dated November 02, 1992, regarding handling of applications accompanied by stock-invests, point no. 8 states that "Registrars shall deposit the stock invest, duly filled in and sorted out "issuer bank branch wise....

Read More

SEBI : Treatment of stock-invests, after basis of allotment is finalised

Circular No. 2(1999-2000) (01/06/1999)

"The successful/partially successful applicants’ stock invests would, after encashing, be deposited in the separate bank account, where the cash and other monies received from other investors are deposited....

Read More

Notification No. 10948/1999 – Income Tax Dated 1/6/1999

Notification No. 10948/1999 - Income Tax (01/06/1999)

Notification No. 10948/1999 - Income Tax In exercise of powers conferred by section 295, read with clause (ia) to sub-section (3) of section 80HHB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely...

Read More

SEBI : Treatment of stock-invests, after basis of allotment is finalised.

RRTI CIrcular No. 2(1999-2000) (01/06/1999)

"The successful/partially successful applicants' stock invests would, after encashing, be deposited in the separate bank account, where the cash and other monies received from other investors are deposited....

Read More

SEBI ; Treatment of stock-invests, after basis of allotment is finalised

RRTI CIrcular No. 2(1999-2000) PMD/SU/ /99 (01/06/1999)

"The successful/partially successful applicants’ stock invests would, after encashing, be deposited in the separate bank account, where the cash and other monies received from other investors are deposited."...

Read More

Import of Mulberry Raw Silk under Special Import Licence(SIL)

Policy Circular No. 11 (RE-99)/99-2000 (01/06/1999)

It is hereby clarified that, the consignments of Mulberry Raw Silk, pending clearance from the Customs, which were accompanied by certificate for grade of raw silk given by any of the notified agencies specified in the Notification No. 9(RE 99) 1997-2002 dated the 19th May, 1999, may be permitted to be cleared on the strength of the said ...

Read More

Search Posts by Date

December 2020
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031