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Archive: 09 September 2002

Posts in 09 September 2002

Market verification for ascertaining the present market value under DEPB Scheme and admissibility of DEPB credit-reg

September 9, 2002 532 Views 0 comment Print

It is clarified that wherever, the declared f.o.b. value is more than the present market value as declared by the exporter or as ascertained by the Customs

SEBI : (Substantial Acquistion of Shares and Takeovers)(Second Amendment) Regulations 2002

September 9, 2002 394 Views 0 comment Print

Where there are two or more persons in control over the target company, the cesser of any one of such persons from such control shall not be deemed to be a change in control of management nor shall any change in the nature and quantum of control amongst them constitute change in control of management.

Anti-dumping duty on Import of Vitamin AB2D3K

September 9, 2002 457 Views 0 comment Print

Rate of exchange applicable for the purposes of calculation of anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance and Company Affairs (Department of Revenue), issued from time to time, in exercise of the powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act, and the relevant date for determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.

Notification No. 241/2002-Income Tax Dated 9/9/2002

September 9, 2002 388 Views 0 comment Print

Notification No. 241-Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the 7.85 per cent NHB-Priority Sector Bonds 2001-02 (tax free) of rupees one lakh each carrying an interest of 7.85 per cent per annum for a period of seven years

Notification No. 242/2002-Income Tax Dated 9/9/2002

September 9, 2002 382 Views 0 comment Print

Notification No. 242-Income Tax Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his/her name and holding with the said Corporation.

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