Notification No.S.O.1272 – Income Tax It is notified for general information that enterprise listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2002-2003, 2003-2004 and 2004-2005
Notification No.S.0.1271- Income Tax It is notified for general information that enterprise/industrial undertakings listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2002-2003, 2003-2004 and 2004-2005
Notification No. 13 (RE-2001) withdraws previous notifications No. 11 and No. 12 related to ITC(HS) classifications of export and import items.
Whereas the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duty of excise (including non-levy thereof) under section 3 of the Central Excise Act, 1944 (1 of 1944) (hereinafter referred to as the said Act), on the single yarn classifiable under Chapter 55 consumed captively for producing double/multifold yarn falling under Chapter 55 of the Schedule to the Central Excise Tariff Act, 1985
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed shall be amended or further amended, as the case may be, in the manner specified in the corresponding.
The Principal notification No. 27/97-Cus(N.T.) dated 7th July 1997 was published in Gazette of India Extraordinary Part II, Section 3, sub-section (i), dated 7th July 1997 under GSR No. 363 (E) and was last amended vide notification No. 21/2000-CUS (N.T.) dated 16th March 2000.
With a view to have a more realistic assessment of the institutional investments it is proposed that custodians should provide the market value of the securities held in custody with them on a monthly basis.
The SEBI (Foreign Institutional Investors) Regulations, 1995 permit FIIs to invest in unlisted securities. Currently the custodians are reporting trades for unlisted securities under ‘no ISIN’ or custodian generated codes.
With a view to have a more realistic assessment of the institutional investments it is proposed that custodians should provide the market value of the securities held in custody with them on a monthly basis.
Circular No. 575/12/2001-CX I am directed to say that the PAC (CX-7) Section of the Board receives at least 23 reports/returns (most of them monthly, some fortnightly, some quarterly, some yearly etc.) from each of the sixty one Central Excise Commissionerates spread all over India.
