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Archive: October, 1999

Posts in October, 1999

Circular No. 70/99-Custom Duty Dated 6/10/1999

October 6, 1999 505 Views 0 comment Print

Vide Circular No. 16/99-Cus. dated 7.4.99, the subject facility was extended to bonded warehouses located within the jurisdiction of Commissioners who are handling TRA facility under DEPB Scheme, and who have jurisdiction over any other customs stations listed in Para 4 of the said Circular

Circular No. 69/99-Custom Duty Dated 6/10/1999

October 6, 1999 4453 Views 0 comment Print

I am directed to invite your attention to the subject mentioned above and to say that a number of references have been received from the trade and the Ministry of Commerce for allowing movement of imported cargo in containers / trucks from the airports / ACCs to ICDs / CFSs / Airports / ACCs to the ICDs / CFSs / Airports / ACCs is required in view in the fact that the number of flights at

Classification of a product with trade name “Orimulsion” – m/r.

October 5, 1999 514 Views 0 comment Print

It is seen that the product “Orrimulsion” consists of approximately 70% natural bitumen, 30% water and 0.2% surfactant / dispersing agent. It is a trade name given to pulverised natural bitumen dispersed in water containing a small amount of dispersing agent. The natural bitumen is dehydrated, pulverised and is dispersed in water, since dehydrated and pulverised bitumen is physically

Circular No. 780-Income Tax Dated 4-10-1999

October 4, 1999 961 Views 0 comment Print

Circular No. 780-Income Tax Section 10(23G) of the Income-tax Act, 1961 was inserted by the Finance (No.2) Act, 1996, w.e.f. 1-4-1997. This clause exempts income by way of dividend, interest and long-term capital gains arising out of investments made in an enterprise engaged in the business of developing, maintaining

Notification No. 30(RE-99) 1997-2002, Dated: 04.10.1999

October 4, 1999 358 Views 0 comment Print

Notification No. 30(RE-99)/1997-2002 amends the ITC(HS) classification to make sodium metal freely importable under the Export and Import Policy.

Public Notice No. 33 (RE-99)/1997-2002, Dated: 01.10.1999

October 1, 1999 610 Views 0 comment Print

Similarly, in such cases where the goods are handed over to the customs authorities before the expiry of the export obligation period but actual exports takes place after expiry of the export obligation period, such exports shall be considered within the export obligation period and taken towards fulfilment of export obligation.

Public Notice No. 32 (RE-99)/1997-2002, Dated: 01.10.1999

October 1, 1999 313 Views 0 comment Print

After considering the above stated requests, in exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India Extra-ordinary, Part – II, Section – 3 – Sub-section (ii) vide S.O. No. 283 (E) dated 31.3.1997, the Director General of Foreign Trade hereby notify the following arrangement.

SEBI : Submission of Information by Custodians of Securities Submission of Quarterly Reports

October 1, 1999 583 Views 0 comment Print

SEBI shall be monitoring the quality and promptness of submission of data. Custodians are advised to strictly adhere to the above deadline of 3.00 p.m. as SEBI shall be imposing penalty on defaulting custodians.

Debonding of EOU/EPZ units under EPCG Scheme

October 1, 1999 3019 Views 0 comment Print

If a standalone EOU/EPZ unit wish to debond under EPCG scheme, there shall be no export obligation for maintenance of the average the only such an obligation under EPCG scheme on a standalone unit shall be imposed which may be equivalent to 6 times or 8 times of the depreciated value, as the case may be, depending upon the scheme in which the unit opts for debonding.

Notification No. 29/1997-2002, Dated: 01.10.1999

October 1, 1999 403 Views 0 comment Print

Notification No. 29/1997-2002 updates export policies for petroleum products and prohibits export of wild animals and their products. Read more for details.

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