Whereas the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duty of excise (including non-levy thereof) under section 3A of the Central Excise Act, 1944 (1 of 1944), the duty of excise on goods mentioned in column (2) of the Table below and falling within the sub-heading number of the First Schedule to the Central Excise Tariff Act, 1985
Brokers should seek permission from the Exchange before commencement of Internet trading facility after providing complete details of the features of implemented systems. e. Brokers should make periodic reporting to the Exchange as specified by the Exchange.
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 39/96-Customs, dated the 23rd July, 1996 [G.S.R. 291(E), dated the 23rd July, 196] and was last amended by notification No. 8/2000-Customs, dated the 27th January, 2000.
