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Circular No. 550/46/2000-CX Please refer to Board”s circular No. 519/15/2000-CX dated 03/03/2000 issued from F.No. 390/31/2000-JC vide which Commissioners were directed to forward comments on appeals filed by assessees in a prescribed proforma. Despite issue of aforesaid circular, there is no appreciable improvement in forwarding of relevant papers to the Board after receipt of the same in commissionerate. The Commissioners should be aware that the Central Board of Excise
Circular No.549/45/2000..CX.I Attention is drawn to Board” s Circular No. 223/ 57/96-CX (F.N0.332/85/94-TRU). dated 21.06.1996. In the circular, it was mentioned that prices of the petroleum products falling under the category of “formula products” are determined taking into account number of factors by the Ministry of Petroleum and Natural Gas. Moreover number of petroleum products falling under this category are generally transported from the refineries to the warehouses, known as storage points.
companies have so far not signed agreements and established connectivity with both the depositories well on time or are in the process of doing so. Accordingly, it has been decided that the shares of such companies shall be traded only on “trade for trade settlement” window of the exchanges from October 30, 2000.
Association of Mutual Funds in India (AMFI) made certain recommendations on valuation norms and provisioning of non-performing assets. The recommendations were placed.
The Reserve Bank of India vide D.O. No. EC.CO. PCD 20/15.02.68/99-2000 dated August, 2000 has informed that the practice of endorsement on the passports of the foreign exchange released to the traveler is being dispensed with in the case of all types of business travellers. As regards the individual travellers on private visits, the endorsement of foreign exchange released will continue as
It is directed to refer to the subject mentioned above and to say that in terms of Sl.No. 1 to Notification No. 148/94-Cus., dated 13.7.94, foodstuffs, medicines, medical stores of perishable nature, clothings and blankets imported by a charitable organisation, as free gift, are exempted from payment of Customs duty subject to condition mentioned therein. Clause (v) of the said condition
—In exercise of the powers conferred by sub-section (I) of.section 621 Of the Companies Act, 1956 (I of 1956) and in supersession of the Ministry of Law, Justice and Company Affairs (Department of Compkv Affairs) Notification number G.S.R. 94 (E) dated 726th February, 1997,
