The Depositories have informed us that some of the companies given in annexure ‘A’ (serial no. 01 to 08) had established connectivity with them before October 31, 2001, the correct status of which was not furnished to SEBI.
Circular No. 614/5/2002-CX I am directed to refer Board’s Circular No.389/22/98-CX dated 5.5.1998 relating to extension of benefit under Notification No.8/97-CE dated 1.3.97 to EOUs even if they use imported consumables and to say that the matter has been re-examined by the Board and it has been decided to withdraw the circular. Accordingly
Circular No.613/4/2002-CX I am directed to refer to Circular of even number dated 24th January, 2002 and to say that it has been represented to the Board that field formations are insisting on surety of full bond amount from Merchant Exporters registered with Recognised Export Promotion Councils as the Board’s Circular (supra) directs keeping in abeyance the instructions relating to security of 25% of bond amount from such Merchant Exporters.
Since in the rolling settlement the auction and the close out takes place during trading hours, hence the reference price in the rolling settlement for close out procedures would be taken as the previous day’s closing price.
The stock exchanges are advised to make the necessary arrangements/ modifications in their systems to implement the rolling settlement on T+3 basis for all listed securities from April 01, 2002.
The principal notification 17/2001-Customs dated the 1st March, 2001 was published in the Gazette of India, Extraordinary vide G.S.R 116 (E) dated the 1st March, 2001 and was last amended by notification 11/2002 – Customs dated the 28th January, 2002.
I am directed to refer to Boards instruction issued vide letter F. No. 450/44/2001-Cus. lV (Pt. II) dated 24th Sept. 2001 on the above mentioned subject, wherein it was provided that clearance
It appears that there is some confusion in the field formations as to what should be categorised as Leather Sandals for the purposes of SS No.64.13-64.15 of the Drawback Table.
In exercise of the powers conferred by sub-section(1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, makes the following further amendment in the notification of the Government of India, in the Ministry of Finance.
In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy 1997-2002, as notified in the Gazette of India extraordinary, Part-II Section 3, sub Section (ii) vide S.O. No. 283(E) dated 31.3.1997 and in supersession of Public Notice no. 4(PN)/97-02 dated 31.03.1997, as amended from time to time, the Director General of Foreign Trade hereby notifies the policy for import of cinematograph films and other films.