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Archive: 2001

Posts in 2001

Notification seeks to amend Central Excise Rules, 1944 so as to make changes in CENVAT Rules

March 1, 2001 967 Views 0 comment Print

(i) a supplementary invoice, issued by a manufacturer of inputs or capital goods under rule 52A or rule 52AA or rule 100E from his factory or from his depot or from the premises of the consignment agent of the said manufacturer or from any other premises from where the goods are sold by or on behalf of the said manufacturer, in case additional amount of excise duties has been paid

Notification seeks to prescribe the commodities to which MRP based excise levy is applicable and also abatement of retail price under section 4A

March 1, 2001 1165 Views 0 comment Print

G.S.R. (E)- In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 4A of the Central Excise Act, 1944 (1 of 1944) and in supersession of the notifications of the Government of India in the Ministry of Finance (Department of Revenue) No. 9/2000-Central Excise (N.T.), dated the 1st March, 2000, published in the Gazette of India vide number G.S.R. 201(E), dated the 1st March, 2000

Seeks to exempt specified goods for NCC duty

March 1, 2001 895 Views 0 comment Print

Biris, other than paper rolled biris, manufactured without the aid of machines, by a manufacturer by whom or on whose behalf no biris are sold under a brand name (as defined in Note 1 of Chapter 24), in respect of first clearances of such biris for home consumption by or on behalf of such manufacturer from one or more factories upto a quantity not exceeding 20 lakhs cleared on or after the 1st day of April in any financial year.

Notification No. 4/2001-Central Excise; dated 01.03.2001

March 1, 2001 736 Views 0 comment Print

of the Table hereto annexed, from so much of the duty of excise leviable thereon which is specified in the said Second Schedule , as is in excess of the amount calculated at the rate specified in the corresponding entry in column(3) of the said Table.

Seeks to prescribe effective rates for specified goods falling under Central Excise Tariff Act, 1985

March 1, 2001 667 Views 0 comment Print

from so much of the Special duty of excise leviable thereon under the Second Schedule to the Central Excise Tariff Act, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (5) of the said Table.

CLB judgment on non issue of further shares to existing shareholders

March 1, 2001 4083 Views 0 comment Print

The petitioners claiming to hold 4132 partly paid ordinary shares of Rs.100/-each and 3065 fully paid preference shares of Rs.100/-each in M/S Tinplate Dealers Association Private Limited ( the company) have filed this petition under Sections 397/398 and Section 111(4) of the Companies Act, 1956 (the Act) alleging various acts of oppression and mismanagement in the affairs of the company and seeking rectification of the register of members. The main allegations relate to issue of further shares in the company in exclusion of the petitioners, issue of bonus shares contrary to the provisions of law, removal of the petitioners 1 and 2 as directors of the company, appointment of new directors on the Board etc. and they have sought for consequential reliefs.

SEBI : Restriction on investments in print media sector

February 28, 2001 430 Views 0 comment Print

The Reserve Bank of India has vide its notification no. FEMA.35/2001-RB dated February 16, 2001 amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 disallowing purchase of shares and convertible debentures of an Indian company,

Companies (Amendment) Act 2000 (53 of 2000)

February 27, 2001 3736 Views 0 comment Print

S.O. 176(E). – In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2000 (53 of 2000), the Central Government hereby appoints the 1st day of March, 2001, as the date on which the provisions of section 7 of the said Act shall come into force.

Public Notice No. 58 (RE-2000)/1997-2002, Dated: 26.02.2001

February 26, 2001 517 Views 0 comment Print

Attention is invited to the provisions of Public Notice No. 17 (RE-2000)/1997-2002 dated 30th June,2000 which inter-alia lays down the permanent IEC Numbers to be used by certain categories of Importers/Exporters, which are otherwise exempted from obtaining IEC Numbers. Recently in the wake of earthquake, which has hit many parts of the Western India, Goods are being imported by Government Departments as well as by some Charitable Institutions/NGOs. Hence some of the organizations have requested for allotment of IEC No.

Notification No. 8/2001-Customs (N.T.), dated: 26.02.2001

February 26, 2001 358 Views 0 comment Print

In exercise of the powers conferred by sub-section(1) of section 4 of the Customs Act, 1962(52 of 1962), the Central Government hereby appoints the Commissioner of Customs, Air Cargo Unit, New Customs House, Indira Gandhi International Airport, New Delhi, to be the Commissioner of Customs, Inland Container Depot, Tughlakabad, New Delhi, Commissioner of Customs, New Custom House, Ballard Estate, Mumbai, Commissioner of Customs, New Custom House, Jawahar Custom House and Nhava Sheva and Commissioner of Customs, Chennai for the purpose of adjudication of the case pertaining to exports made by M/s. Intraport(India) Pvt. Ltd., 135 – 136, Sector- 31, Gurgaon, in respect of show cause notice DRI.F.No.50C/7/99-CI dated 9th November, 2000

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