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Archive: 2001

Posts in 2001

Removal of excisable goods from one warehouse to another without payment of duty – Amendment to Notification No. 266/67-Central Excise

May 25, 2001 556 Views 0 comment Print

In pursuance of sub-rule (2) of rule 49 and rule 139 of the Central Excise Rules, 1944, the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue and Insurance), No. 266/67-Central Excise, dated the 28th November, 1967

Companies (Acceptance of Deposits) Amendment Rules, 2001 – Notification

May 25, 2001 559 Views 0 comment Print

The government has amended the Companies (Acceptance of Deposits) Rules, reducing the maximum interest rate from 15% to 14% for company deposits.

Circular No. 31/2001-Custom Duty, dated: 24.05.2001

May 24, 2001 892 Views 0 comment Print

I am directed to invite your attention to the changes made in Chapters 8, 9 and 9 A of the revised Exim Policy 1997-2002 and Handbook of Procedures, Vol. I, which were announced on 31-3-2001. These changes have necessitated amendments in notifications governing duty free import/procurement of goods by EOU/EPZ/ STP/EHTP/ SEZ units. The amendments have since been carried out vide notification Nos. 56/2001-Cus, and 29/2001-CE, both dated 18-5-2001

SEBI : Restriction on payment of brokerage/commission on prospective basis and only in case of sponsor investments’

May 24, 2001 1375 Views 0 comment Print

Regarding payment of brokerage / commission on the subscription by the associates, we have received a representation from Association of Mutual Funds in India (AMFI). After considering the representation.

SEBI : Compulsory Rolling Settlement

May 24, 2001 760 Views 0 comment Print

The list has been prepared based on the information submitted by the stock exchanges. However, if there is any scrip where there are deferral products available at any of the exchange

General Circular No. 10/2001, dated 22/05/2001

May 22, 2001 598 Views 0 comment Print

The Companies (passing of the resolution by postal ballot) Rules, 2001.

Disposal of imported fire arms-Regarding

May 22, 2001 547 Views 0 comment Print

The undersigned is directed to refer to the Ministry’s letter F.No. 497/57/87-CUS.VI dated 5.1.88 (copy enclosed) on the above subject, wherein it was clarified that fire arms allowed to be imported into India shall not be transferred to any other person during the lifetime of the importer for consideration or otherwise.

Finance Act, 2001 Effective June 1, 2001

May 22, 2001 2788 Views 0 comment Print

In exercise of the powers conferred by section 106 of the Finance Act, 2001 (14 of 2001), the Central Government hereby appoints the 1st day of June, 2001, for the purposes of that section.

SEBI : Practice of granting conditional listing permission

May 22, 2001 418 Views 0 comment Print

It has been brought to our notice that some stock exchanges have been granting conditional listing permission to the companies. Section 73 of the Companies Act, 1956 does not envisage any qualified conditional listing permission.

Notification No.S.O.447(E) – Income Tax Dated 22/5/2001

May 22, 2001 498 Views 0 comment Print

Notification No.S.O.447(E) – Income Tax Whereas the Central Government, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as “the said Act”), has framed and notified a scheme for industrial park, in the notification of the Government of India in the Ministry of Industry and Commerce (Department of Industrial Policy and

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