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Archive: 2001

Posts in 2001

Circular No. 597/34/2001-Central Excise Dated 5/11/2001

November 5, 2001 955 Views 0 comment Print

Circular No. 597/34/2001-CX It has come to the notice of the Board that in a number of cases, the Commissioners of Customs & Central Excise have been filing applications before the CEGAT for out of turn hearing. However, it has been brought to Board’s notice that in most of the cases, these applications do not mention any reason for seeking an early hearing, and as a result, these applications for early hearing are being dismissed by the Tribunal.

Circular No. 596/33/2001-Central Excise Dated 5/11/2001

November 5, 2001 985 Views 0 comment Print

Circular No. 596/33/2001-CX It has been brought to the notice of the Board that the field Commissioners both in Customs as well as in Central Excise, in spite of Board’s Circular No. 453/19/99-CX, dated 9-4-1999 [1999 (107) E.L.T. T41] issued vide F. No. 390/48/90-JC are neither filing Cross Objections under Section 35B(4) of the Central Excise Act or Section 129A(4) of the Customs Act against appeals filed by the assessees

Circular No. 595/32/2001-Central Excise Dated 5/11/2001

November 5, 2001 397 Views 0 comment Print

Circular No. 595/32/2001-CX I am directed to draw you attention to the Board’s Circular No. 507/03/2000-CX dated 10th January and Circular No.468/34/99-CX dated 5th July, 1999 on the above subject and to say that that the progress in Central Excise Computerisation has been further reviewed by the Board. There have been considerable progresses in the capturing of profiles (ECC_MAST) and the monthly returns (RT-12/E.R.1) data, including its quality, by the Commissionerates and in sending this data to the Directorate of Systems

Reg. anti-dumping duty on import of Zinc Oxide

November 2, 2001 616 Views 0 comment Print

For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such 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, (52 of 1962) and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.

Reg. anti-dumping duty on import of Sodium Hydrosulphite

November 2, 2001 463 Views 0 comment Print

For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such 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, (52 of 1962) and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.

Notification No: 37 (RE-2001) 1997-2002, Dated: 02.11.2001

November 2, 2001 514 Views 0 comment Print

Key amendments to Export-Import Policy 1997-2002: Import limits for spares, export provisions for EOU/EPZ units, and SEZ updates per Notification No. 37 (RE-2001).

SEBI : Scheme for introduction of Single Stock Futures and Risk Containment Measures

November 2, 2001 709 Views 0 comment Print

In order to maintain symmetry between Futures and Options Contract on the same underlying, the lot size of the option contract and the multiplier for the futures contract shall remain the same for the given underlying.

Reg. anti-dumping duty on import of Potassium Permanganate

November 1, 2001 472 Views 0 comment Print

For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such 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, (52 of 1962) and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.

Permission for factory stuffing-reg

November 1, 2001 4138 Views 0 comment Print

The matter has been examined by the Board. It has been decided to discontinue the practice of renewal of permission for factory stuffing every six months. The permission for factory stuffing shall be granted on one time basis and exporters shall not be required to come to Customs every six months for renewal of the same. However, in case something adverse is noticed against the exporter, the Customs may withdraw the permission.

Taking Out of Laptop Computers Outside the Bonded Premises of EOUs and EPZ/EHTP/STP/SEZ units – Reg

November 1, 2001 8230 Views 1 comment Print

I am directed to invite your kind attention to Board’s Circular Nos. 17/98-Cus, dated 16-3-98 and 84/2000-Cus, dated 6-10-2000 allowing authorised employees of EOUs and EPZ/STP/EHTP units engaged in development of software to take Laptop Computers and Video Projection System

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