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Archive: April, 2001

Posts in April, 2001

SEBI : Format for Half Yearly Disclosure of Unaudited Financial Results

April 20, 2001 4126 Views 0 comment Print

In accordance with Regulation 59, all mutual funds are required to publish their unaudited financial results as specified in Twelfth Schedule before the expiry of two months from the close of each half.

Public Notice No. 8 (RE-2001)/1997-2002, Dated: 20.04.2001

April 20, 2001 364 Views 0 comment Print

Attention is invited to the entry at Code No. 1701 of Table ‘ B’ of Schedule 2 and Sr. No. 25 of Schedule 2 Appendix-1 of the book titled “ ITC(HS) Classifications of Export and Import Items, 1997-2002” ( incorporating amendments made upto 31.8.1998 ) and as amended from time to time specifying the terms and conditions for export items indicated therein.

Declaration under Rule 12(1)(a)(ii)of Drawback Rule for availing AIR of Drawback.

April 18, 2001 814 Views 0 comment Print

it is clarified that, as a matter of rule, no evidence of actual duties suffered or imported or indigenous nature of inputs, even if the All Industry Rate has customs portion, should be insisted upon by the field formations alongwith declaration filed by exporters under Rule 12(1) (a) (ii) of the Customs & Central Excise Duties Drawback Rules, 1995.

Seeks to exempt footware falling under Tariff Heading No. 64.01 of First Schedule to Central Excise Tariff Act, 1985

April 18, 2001 415 Views 0 comment Print

The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 3/2001-Central Excise, dated the 1st March, 2001 [G.S.R. 128 (E), dated the 1st March, 2001.

Consolidation of cargo at the gateway port-procedure-regarding

April 17, 2001 1450 Views 0 comment Print

Custodians may, thereafter, use the same containers to bring back LCL imports to various ICDs/CFSs. As regards consolidation of imported LCL cargo at the gateway port (or a CFS near gateway port) and subsequent transhipment to inland ICDs/CFSs, following procedure

Monitoring the pendency of Bills of Entry and Shipping Bills-Regarding

April 16, 2001 673 Views 0 comment Print

The large scale pendency of Bills of Entry and Shipping Bills at most of the Custom Houses is a cause of serious concern. Apart from the fact that the pendency of Bills of Entry has a direct bearing on revenue collection, this has also given rise to a number of complaints, and puts the department in a poor light.

SEBI : Trading and settlement of trades in dematerialised securities

April 16, 2001 334 Views 0 comment Print

In accordance with the aforementioned circulars dated May 29, 2000 and October 16, 2000, out of the 280 scrips required to establish connectivity with both the depositories by March 26, 2001, 129 companies have now established connectivity.

Reg. Anti-dumping Duty on import of Partially Oriented Yarn (POY) of polyesters

April 12, 2001 457 Views 0 comment Print

For the purposes of this notification, “rate of exchange” applicable for the purposes of calculation of anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962).

Circular No. 574/11/2001-Central Excise, Dated: 12.04.2001

April 12, 2001 767 Views 0 comment Print

Circular No.574/11/2001-CX A Divisional Assistant Commissioner had passed an order in original dated 16.2.1993 classifying the product in question under sub heading No.3823.00 on the grounds that mixtures of Fluron-11 and Fluron-12 are not separate chemically defined organic compounds. The Audit objected the classification on the grounds that the product are classified under sub-heading No.2903.10 as on mixing of these two compounds

Reg. Anti-dumping Duty on import of lead acid batteries

April 9, 2001 532 Views 0 comment Print

Therefore, in exercise of the powers conferred by sub-section (2) of section 9A of the said Customs Tariff Act, read with rules 13 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995.

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