From above, it is evident that the Regulations allow the Commissioner of Customs to prescribe different working hours for different items of customs work for the purpose of levy of overtime fee.
Circular No. 612/3/2002-CX Larger Bench of CEGAT in Appeal No. E/505/93-BOM in the case of CCE, Mumbai v. M/s. Bombay Switch Gears has passed an Order No. A/888/2001-NB(DB), dated 29-10-2001. The said decision is also reported in [2001 (134) E.L.T. 658 (Tri.-LB)].
In exercise of the powers conferred by sub-section (1) of the Securities and Exchange Board of India Act,1992 (15 of 1992), the Board hereby makes the regulations to further amend the Securities and Exchange Board of India (Collective Investment Schemes) regulations, 1999, namely