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The sale/maturity proceeds (net of applicable taxes) of shares or convertible debentures purchased under this Scheme shall be credited only to NRSR account where the purchase consideration was paid out of funds held in NRSR account and to NRO or NRSR account at the option of the seller where the purchase consideration was paid out of inward remittance or funds held in NRE/FCNR/NRO/NRNR account.
In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes me following rules further to amend the Central Excise Rules,1944
It is directed to refer to the Board’s Circular No. 31/99-Cus. Dated the 27th May, 1999 on above-mentioned subject. It has been brought to the notice of the Board that 90% of Indian cargoes are being transhipped over foreign ports i.e. dubai, Singapure, and Colombo, as transhipment through these ports is cheaper than that through the Indiat Ports. Such transhipment through foreign ports
Circular No. 528/24/2000-CX It is directed say that Rule 173 GG of the Central Excise Rules, 1944, which provided for the special procedure for monthly payment of duty by manufacurers availing of the exemption under a notification based on value of clearances in a financial year ( Small Scale Industries ), has been omited with effect from 1st April, 2000.
Provided further that where the remittance is made in more than one instalment, the remittance of all instalments shall be made through the same authorised dealer.
