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Archive: 18 December 2002

Posts in 18 December 2002

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 7182 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Circular No.50/11/2002-ST dated 18.12.2002

December 18, 2002 553 Views 0 comment Print

I am directed to say that doubts have been raised as to whether Service Tax is payable on the services rendered by Central Depository Services (India) Limited (CDSL). CDSL is providing depository services in respect of DEMAT stocks to its customers. It has also implemented “Electronic Access to Securities Information” (easi), to enable the owner to access accounts in the first phase and transact depository business in the second phase of the project. CSDL charges certain fee such as registration fee, annual fee etc for providing service of eas

Circular No. 49/11/2002-ST dated 18.12.2002

December 18, 2002 828 Views 0 comment Print

I am directed to invite your attention to Section 65(25) of the Finance Act, 1994 (as amended), which defines Consulting Engineer as “any professionally qualified engineer or an engineering firm, who, either directly or indirectly, renders, any advice, consultancy or technical assistance in any manner to a client in one or more disciplines of engineering.” The types of services a consulting engineer normally renders are illustrated in Board”s letter F.No.43/5/97-TRU dated 2.7.97, services relating to construction activities are covered therein.

SEBI : Review of recommendation of Dr. L.C Gupta Committee on Derivatives

December 18, 2002 9598 Views 0 comment Print

Separation of Cash and Derivative Segment of an Exchange and its Clearing House/Corporation. The Dr. L.C Gupta Committee on Derivatives had permitted exiting stock exchanges having cash trading to trade in derivative contracts through a separate segment with separate membership.

SEBI : Adjustment in Stock Option Contracts and Single Stock Futures Contracts at time of Corporate Action

December 18, 2002 472 Views 0 comment Print

The Exchanges may now determine the manner of adjustment in derivative contracts at the time of corporate actions in conformity with the following principles.

SEBI : Risk containment measures and the broad eligibility criteria of stocks on which stock options and single stock futures could be introduced.

December 18, 2002 304 Views 0 comment Print

Derivative contracts on a new stock index shall be permitted if the stocks contributing 90% weightage in the index are individually eligible for derivative trading as per the eligibility criteria. This requirement shall be applied only at the time of introduction of derivative contract on new indices.

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