the concept of independent directors on the Boards of asset management companies (AMCs) and trustee companies has been introduced in SEBI (Mutual Funds) Regulations, 1996 for better corporate governance,
corresponding Circulars issued by SEBI/GOI etc. have been made. It may be seen that while there may be a variation in language in the Model Rules, for most of Rules in Part A, however the basic principle underlying the Model Rules
G.S.R. 907(E)-In exercise of the powers conferred by section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable service provided by a hotel as mandap keeper in such cases where services provided include catering services, that is, supply of food along with any service in relation to use of a mandap
“Govt amends ITC(HS) to allow import of natural rubber only through Kolkata and Vishakhapatnam ports via Notification No. 41, dated 19th Dec 2001.”
Attention is invited to the entry at Code No. 1001(b) in Table B of Schedule 2 and SL. No. 12(ii) of Appendix 1 to Schedule 2 in the book titled “ ITC(HS) Classifications of Export and Import Items, 1997-2002 ” (incorporating amendments made upto 31st August, 1998) and as amended from time to time specifying the terms and conditions for export of items indicated therein.
“DGFT amends DEPB rates for engineering, chemicals, and electronics under Export-Import Policy 1997-2002 via Public Notice No. 55, dated 18th Dec 2001.”
Therefore, in exercise of the powers conferred by sub-section (1) of section 9A of the said Customs Tariff Act, read with sub-section (5) of the said section 9A and rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, on the basis of the aforesaid revised price, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.48/2001-Customs, dated the 10th May, 2001.
Even if the ground about contravention of the provisions of Section 11(5) of the Act is validly taken by the respondent, the same would have a bearing only at the point of time of the assessment of the petitioner-trust and would not be a material consideration in so far as granting of approval under Section 80G(5) of the Act is concerned.
Circular No. 607/44/2001-CX I am directed to say that doubts have arisen whether, as per Rule 16 of Central Excise (No.2) Rules 2001, goods manufactured only by same manufacturer can be brought into the factory for refining, repair, re-making etc. The Board has also received representations from trade, especially the transformer manufacturers in this regard stating that they are no longer allowed to bring in duty paid transformers for repairs
Import of goods which are not covered in any of the categories mentioned in para-2 will not be considered for grant of ad-hoc exemption under Section 25(2) of the Customs Act, 1962.
