"May, 2003" Archive

Public Notice No. 11 /2002-07, Dated: 30.05.2003

Public Notice No. 11 /2002-07 (30/05/2003)

We further declare that in case of non realisation of export proceeds or lesser realisation of export proceeds in free foreign exchange, we shall pay, in cash, an amount equivalent to the DEPB entitlement already obtained on the non realised or lesser realised value of export proceeds together with 15% interest reckoned from the date of d...

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Public Notice No. 10 (RE-03)/2002-2007, Dated: 30.05.2003

Public Notice No. 10 (RE-03)/2002-2007 (30/05/2003)

The above norms for fuel are applicable to units having spinning, weaving and processing activities or only weaving and processing activities as the case may be. Also the said units should have facilities for captive power generation using Naphtha/ SKO/ Furnace Oil / HSD / Coal....

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Notification No.138/2003 – Income Tax Dated 29/5/2003

Notification No.138/2003 - Income Tax (29/05/2003)

Notification No.138 - Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely: 1. (1) These rules may be called the Income-tax (Seventh Amendment) Rules, 2003...

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Amendments in the notification No.23/2002-Customs, dated: 01.03.2002

Notification No. 88/2003-Customs (29/05/2003)

The principal notification No.39/96-Customs dated the 23rd July, 1996, was published in the Gazette of India, Extraordianry, vide G.S.R. 291 (E), dated the 23rd July, 1996 and was last amended by notification No.28/2003-Customs, dated the 1st March, 2003....

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Notification No. 48/2003-Central Excise; Dated: 29.05.2003

Notification No. 48/2003-Central Excise (29/05/2003)

The principal notification No. 6/2002-Central Excise, dated the 1st March, 2002 was published in the Gazette of India vide number G.S.R. 127 (E), dated the 1st March, 2002 and was last amended vide notification No. 45 /2003-Central Excise, dated the 14th May, 2003 (G.S.R. No.409 (E), dated the 14th May,...

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Classification of goods described as “Magnetic Accupressure Treatment System”-regd

Circular No. 44/2003-Custom Duty (29/05/2003)

In view of this, it is hereby clarified that the said goods may henceforth be classified under heading 94.04 of the Customs tariff from the date of issue of this Circular. Board"s circular, till it is in force, is binding on the field formations. Therefore, it may kindly be noted that change of classification of the said goods will on...

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Notification No. 87/2003-Customs, Dated: 28.05.2003

Notification No. 87/2003-Customs (28/05/2003)

The principal notification No. 23/2002-Customs, dated the 1st March, 2002 was published in the Gazette of India vide number G.S.R. 120(E), dated the 1st March, 2002 and was last amended vide notification No. 68 /2003-Customs, dated the 30th April, 2003...

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Notification No. 86/2003-Customs, dated: 28.05.2003

Notification No. 86/2003-Customs (28/05/2003)

The principal notification No. 21/2002-Customs, dated the 1st March, 2002 was published in the Gazette of India vide number G.S.R. 118(E), dated the 1st March, 2002 and was last amended vide notification No. 67 /2003-Customs, dated the 30 April, 2003....

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Notification No. 85/2003-Customs, dated: 27.05.2003

Notification No. 85/2003-Customs (27/05/2003)

For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by sub-clause (...

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Notification No. 84/2003-Customs, Dated: 27.05.2003

Notification No. 84/2003-Customs (27/05/2003)

The principal notification No.30/97-Customs dated, the 1st April, 1997 was published in the Gazette of India, Extraordinary vide GSR 186 (E) dated, the 1st April, 1997 and was lastly amended by Notification No.125/2002-Customs vide GSR 760(E) dated, the 12th November, 2002. The principal notification No.31/97-Customs dated, the 1st April...

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Continuation of anti-dumping duty on Polystyrene

Notification No. 83/2003 -Customs (27/05/2003)

THEREFORE, in exercise of the powers conferred by sub-section (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby makes t...

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Notification No. 36/2003-Customs (N.T.), dated: 27.05.2003

Notification No. 36/2003-Customs (N.T.) (27/05/2003)

In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.31/2003-NT-Customs, dated the 25th April, 2003....

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Notification No. 35/2003-Customs (N.T.), dated: 27.05.2003

Notification No. 35/2003-Customs (N.T.) (27/05/2003)

In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.30/2003-NT-Customs, dated the 25th April, 2003....

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Notification No.137/2003 – Income Tax Dated 23/5/2003

Notification No.137/2003 - Income Tax (23/05/2003)

Notification No.137 - Income Tax In exercise of the powers conferred by sub-section (2) of section 138 of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Act), the Central Government having regard to all the relevant factors, hereby directs that no public servant shall produce before any person or authority any such ...

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Circular No. 5/2003-Income Tax Dated 22-5-2003

Circular No. 5/2003-Income Tax (22/05/2003)

Circular No. 5 of 2003-Income Tax Rules 7A and 7B of the Income-tax Rules, 1962 inserted by the Income-tax (Second Amendment) Rules, 2001 w.e.f. 1-4-2002 provide that income from manufacture of rubber and coffee, as mentioned therein, shall be computed as if it were income derived from business and a specified percentage of such income s...

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Public Notice No. 9 /2002-07, Dated: 22.05.2003

Public Notice No. 09 /2002-07 (22/05/2003)

In respect of exporters who have exported in each of the preceding three licensing years and exporters falling in category (c) above, the 25% BG condition shall be imposed on the CIF value of advance licence(s) provided the CIF value does not exceed 200% of the FOB/FOR value of exports/supplies made in the preceding licensing year. Licenc...

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Coverage of exports under the Gems & Jewellery Dollar Account

Notification No. 12 (RE-2003)/2002-2007 (22/05/2003)

A non DDA holder is also permitted to supply cut and polished diamonds to DDA holder, receive payment in dollars and convert same into rupees within the period of 7 days and the cut and polished diamonds and coloured gemstones so supplied by non-DDA holder will also be counted towards the discharge of his export obligation and/or entitled...

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Designating the agencies as state trading enterprises for export of onion

Notification No. 11 (RE-2003)/2002-2007 (22/05/2003)

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act,1992 (No.22 of 1992) read with Paragraph 1.1 and 2.4 of the Export and Import Policy, 2002-2007 the Central Government hereby makes the following amendments in the "ITC(HS) Classifications of Export and Import Items, 2002-2007....

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All industry rate of duty drawback for furnace oil

Notification No. 10 (RE-2003) 2002-2007 (22/05/2003)

In exercise of powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-2007 (RE 2003), the Director General of Foreign Trade hereby announces All Industry Rate of Duty Drawback of Rs.925/- per MT for furnace oil supplied by domestic oil companies to EOU/EPZ/SEZs under deemed export scheme as contained in Chapter 8 of t...

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Notification No. 82/2003-Customs, Dated: 22.05.2003

Notification No. 82/2003-Customs (22/05/2003)

The principal notification No. 105/99-Customs, dated the 10th August, 1999 was published in the Gazette of India Extraordinary vide G.S.R 582 (E), dated the 10th August, 1999 and was last amended by notification No. 13/2003-Customs, dated the 20th January, 2003....

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Nepalese Gazette notification prohibiting the possession of Indian currency notes of Rs. 1000/-denomination in Nepal- Necessary action-reg

Circular No. 43/2003-Custom duty (22/05/2003)

In order to ensure that Indian nationals entering Nepal are not inconvenienced for the reason of not carrying necessary prescribed documents (as circulated vide Circular No. 55/2002-LC, dated 28.8.2002) or for carrying such prohibited currency notes (as circulated earlier vide Circular No. 81/2000-Cus., dated 3.10.2000) inadvertently or u...

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Notification No.131/2003- Income Tax Dated 21/5/2003

Notification No.131/2003- Income Tax (21/05/2003)

Notification No.131- Income Tax It is notified for general information that enterprise/industrial undertaking, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2003-2004, 2004-2005 ...

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Notification No. 50/2003-Central Excise (N.T.), Dated: 20.05.2003

Notification No. 50/2003-Central Excise (N.T.) (20/05/2003)

Whereas the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duty of excise (including non-levy thereof) under section 3 of the Central Excise Act, 1944 (1 of 1944) (hereinafter referred to as the said Act), on cotton yarn falling under heading No.52.03 of the Schedule to Central ...

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Circular No. 715/31/2003-Central Excise, Dated: 19.05.2003

Circular No. 715/31/2003-Central Excise (19/05/2003)

Circular No. 715/31/2003-CX As you are aware, a software has been developed for monitoring of Provisional Assessment cases namely, Provisional Assessment Monitoring Systems (PAMS) which operates on a central server to be accessed by the officers authorized in this behalf. This software was launched on 8th November, 2002 and the Director...

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Notification No. 49/2003-Central Excise (N.T.), Dated: 17.05.2003

Notification No. 49/2003-Central Excise (N.T.) (17/05/2003)

In exercise of the powers conferred by rule 5 of the CENVAT Credit Rules, 2002, the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 11/2002-Central Excise (N.T.), dated the 1st March, 2002...

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Notification No. 48/2003-Central Excise (N.T.), Dated: 17.05.2003

Notification No. 48/2003-Central Excise (N.T.) (17/05/2003)

Provided further that the said period of five working days, as referred to in the first proviso, may be extended upto a period not exceeding twenty-one days, inclusive of the said period of five working days, by the Commissioner of Central Excise, on receipt of a request from the said manufacturer....

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Notification No. 47/2003-Central Excise (N.T.) Dated 17-5-2003

Notification No. 47/2003-Central Excise (N.T.) (17/05/2003)

In exercise of the powers conferred by sub-rule (3) of rule 9A of the CENVAT Credit Rules, 2002, the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 35/2003-Central Excise (NT), dated the 10th April, 2003...

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Notification No. 47/2003-Central Excise; Dated: 17.05.2003

Notification No. 47/2003-Central Excise (17/05/2003)

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) the Central Government, being satisfied that it is necessary in the public interest so to do, here...

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Notification No. 46/2003-Central Excise; Dated : 17.05.2003

Notification No. 46/2003-Central Excise (17/05/2003)

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with section 136 of the Finance Act, 2001 (14 of 2001), the Central Government being satisfied that it is necessary in the public interest so to do, hereby exempts goods falling under heading No. 54.02 of the First S...

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Coverage of products under the duty free import entitlement for service providers

Policy Circular No. 4 (RE 2003)/2002-2007 (14/05/2003)

Spirits and vinegar covered under Chapter 22 of the ITC (HS) Classification or seafood items ( both processed and semi processed) are permitted to be imported under this duty free entitlement for service providers as per para 3.8 of the Export Import Policy ( as amended on 31.03.2003)....

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Notification No. 46/2003-Central Excise (N.T.) Dated 14-5-2003

Notification No. 46/2003-Central Excise (N.T.) (14/05/2003)

In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules, 2002...

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Notification No. 45/2003 Central Excise (N.T.), Dated: 14.05.2003

Notification No. 45/2003 Central Excise (N.T.) (14/05/2003)

In exercise of the powers conferred by sub-rule (3) of rule 19 of the Central Excise Rules, 2002, the Central Government hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed...

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Notification No. 44/2003-Central Excise (N.T.), Dated: 14.05.2003

Notification No. 44/2003-Central Excise (N.T.) (14/05/2003)

In exercise of the powers conferred by rule 18 of the Central Excise Rules, 2002, the Central Government hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed, shall be further amended...

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Notification No. 06/2003-ST, dated 14-05-2003

Notification No. 6/2003 - Service Tax (14/05/2003)

In exercise of the power conferred by section 93 of the finance Act, 1994 (32 of 94) (herein after referred to as the said Act), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Fina...

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Notification No. 05/2003-ST, dated 14-05-2003

Notification No. 5/2003 - Service Tax (14/05/2003)

May 14, 2003 Notification No. 5/2003 – Service Tax In exercise of the powers conferred by clause (ee) of sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules, further to amend the Service Tax Credit Rules, 2002, except as respect things done or […]...

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Notification No. 04/2003-ST, dated 14-05-2003

Notification No. 4/2003 - Service Tax (14/05/2003)

May 14, 2003 Notification No. 4/2003 – Service Tax In exercise of the powers conferred by sub-section (1) read with sub-section (2) of section 94, of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules, further to amend the Service Tax Rule, 1994, except as respect things done or […]...

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Public Notice No. 8 /2002-07, Dated: 14.05.2003

Public Notice No. 08 /2002-07 (14/05/2003)

The financial information given in the above statement is in agreement with the relevant register and records; the same has been incorporated in the books of accounts maintained by the Service provider; and is also true and correct....

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Anti-dumping Duty on Float Glass

Notification No. 81/2003-Customs (14/05/2003)

The principal notification No. 7/2003- Customs, dated the 7th January, 2003 was published in the Gazette of India, vide number G.S.R. 14(E), dated the 7th January, 2003....

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Rescinds the notifications No. 30/2003-Customs, dated: 01.03.2003

Notification No. 80/2003-Customs (14/05/2003)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notifications of the Government of India in the erstwhile Ministry of Finance and Company Affairs (Department of Reve...

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Exempts green tea from additional customs duty

Notification No. 79/2003-Customs (14/05/2003)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts green tea, when imported into India, from the whole of the additional duty of customs leviable thereon under section 128 of...

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Notification No. 34/2003-Customs (N.T.), Dated: 14.05.2003

Notification No. 34/2003-Customs (N.T.) (14/05/2003)

The Principal notification was published in the Gazette of India, Extraordinary, vide notification No. 36/2001- CUS (N.T.), dated, the 3rd August, 2001 [S.O 748 (E), dated, the 3rd August, 2001] and was last amended vide notification no. 15/2003-Cus. (N.T.), dated the 25th February, 2003....

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Exempts tea & tea waste from additional customs duty

Notification No. 78/2003-Customs (14/05/2003)

additional duty leviable thereon under sub- section (1) of section 3 of the Customs Tariff Act, 1975 ( 51 of 1975 ) as is equivalent to the additional duty of excise leviable thereon under section 157 of the Finance Act, 2003 (32 of 2003)....

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National Calamity Contingent duty leviable

Notification No. 77/2003-Customs (14/05/2003)

the additional duty leviable thereon under sub-section (1) of section 3 of the Customs Tariff Act, 1975 ( 51 of 1975) as is equivalent to the National Calamity Contingent duty leviable thereon under section 136 of the said Finance Act, 2001, read with section 169 of the said Finance Act, 2003....

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Notification No. 45/2003-Central Excise; Dated: 14.05.2003

Notification No. 45/2003-Central Excise (14/05/2003)

The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 6/2002-Central Excise, dated the 1st March, 2002 [G.S.R. 127 (E), dated the 1st March, 2002] and was last amended by notification No. 37/2003-Central Excise, dated the 30th April, 2003 [G.S.R. No. 366(E), dated the 30th April, 2003....

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Notification No. 44/2003-Central Excise; Dated: 14.05.2003

Notification No. 44/2003-Central Excise (14/05/2003)

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, hereby exempts the goods falling under the sub-heading Nos. of the First Schedule to the Central Excise Tariff Act, 1985....

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Notification No. 43/2003-Central Excise; Deted: 14.05.2003

Notification No. 43/2003-Central Excise (14/05/2003)

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with section 136 of the Finance Act, 2001 (14 of 2001), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notifications of the Government of India in the ...

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Notification No. 42/2003-Central Excise, Dated: 14.05.2003

Notification No. 42/2003-Central Excise (14/05/2003)

In the event of his failure to satisfy the undertaking, the manufacturer shall be liable to pay additional duty of excise specified in the Fourth Schedule to the Finance Act, 2003 (32 of 2003) for the period referred to in condition....

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Exempts petroleum oils and oils obtained from bituminous minerals, crude

Notification No. 41/2003-Central Excise (14/05/2003)

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with section 136 of the Finance Act, 2001 (14 of 2001), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts, petroleum oils and oils obtained from bituminous miner...

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Administrative Control over Export Oriented Units (EOUs)/Special Economic Zones-Instructions Reg

Circular No. 41/2003-Custom duty (14/05/2003)

I am directed to invite your kind attention to Board's Circular No. 31/2003-Customs, dated 7-4-2003 on the above subject and to say that it has been brought to the notice of the Board that EOUs situated in Andamans & Nicober Islands (A & N islands) are facing difficulties in their day-to-day functioning as presently the EOUs in A &N islan...

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India notifies Concessional duty for imports of dry fruits, fresh fruits and emeralds from Afghanistan

Notification No. 76/2003-Customs (13/05/2003)

For the purposes of this notification the applied rate of duty means the standard rate of duty specified in the First Schedule to the said Customs Tariff Act, with respect to the goods specified in the said Table, read with any other exemption notification, for the time being in force, issued in respect of such goods under sub-section (1)...

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Notification No. 33/2003-Customs (N.T.), dated: 13.05.2003

Notification No. 33/2003-Customs (N.T.) (13/05/2003)

Products eligible for a Certificate of origin in the form annexed shall support preferential treatment issued by an authority designated by the Government of the exporting country and notified to the other country in accordance with the certification procedures to be devised and approved by both the Contracting Parties....

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Notification No. 40/2003-Central Excise ;Dated : 13.05.2003

Notification No. 40/2003-Central Excise (13/05/2003)

The principal notification No.56/2002-Central Excise, dated the 14th November, 2002 was published in the Gazette of India, vide number G.S.R. 764(E), dated the 14th November, 2002 and was last amended by notification No. 5/2003-Central Excise, dated the 13th February, 2003, [G.S.R. 104 (E), dated the 13th February, 2003....

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Circular No. 40/2003-Custom Duty, dated; 12.05.2003

Circular No. 40/2003-Custom Duty (12/05/2003)

Similarly, in terms of Para 4(ii) conversion of shipping bill from one export promotion scheme to another was permitted provided benefit of that scheme was denied to him by DGFT or Customs. Conversion in such cases was to be permitted by Commissioner on case to case basis subject to the conditions specified in Para 4 (a),(b) and (c) of t...

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Using a wrong accounting Code for payment of Service Tax clarification- Regarding

Circular No. 58/7/2003-ST (20/05/2003)

The Board has examined the issue. In this connection, I am directed to clarify that the assessee need not be asked to pay the service tax again. In such cased the matter should be sorted with the P.A.O. As regards to the cases where the assessee was asked to pay service tax again, the amount thus paid may be refunded by the concerned divi...

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Mandatory standards for import of certain electrical goods and appliances prescribed vide Notification No. 5 dated 7.4.03

Policy Circular No. 2 (RE-2003)/2002-2007 (09/05/2003)

Attention is invited to Notification No. 5 (RE-2003)/2002-07 dated 7.4.2003 vide which mandatory standards for import of certain electrical goods and appliances have been stipulated to be complied with by the importers. In this connection representations have been received from various Associations and importers and keeping in view the op...

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Notification No.126/2003 – Income Tax Dated 9/5/2003

Notification No.126/2003 - Income Tax (09/05/2003)

Notification No.126 - Income Tax In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely...

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Notification No. S.O. 518 (E), dated 09/05/2003

Notification No. S.O. 518 (E) (09/05/2003)

In exercise of the powers conferred by sub-section (2) of section 4A of the Companies Act, 1956 (1 of 1956), the Central Government hereby specifies the following institution to be a public financial institution and for that purpose makes the following further amendment in the Notification of the Government of India,...

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Public Notice No. 7 (RE-2003)/2002-2007, Dated: 09.05.2003

Public Notice No. 07 (RE-2003)/2002-2007 (09/05/2003)

In exercise of powers conferred under Paragraph 2.4 of the Export and Import Policy 2002-2007, as notified in the Gazette of India extraordinary, Part-II Section 3, sub Section (ii) vide S.O. No. 349(E) dated 31.03.2002 as amended from time to time and as per provisions at condition no. 1 of the Annexure to Notification no. 21/2002-custom...

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Notification No. 09 (RE-2003)/2002-2007, Dated: 09.05.2003

Notification No. 09 (RE-2003)/2002-2007 (09/05/2003)

In supercession of DGFT’s notifications issued earlier pertaining to export of onion it has now been decided to make the following proposals with the approval of competent authority: All quantitative restrictions on export of all varieties of onion stand removed....

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Public Notice No. 6 (RE-03)/2002-2007, Dated: 08.05.2003

Public Notice No. 06 (RE-03)/2002-2007 (08/05/2003)

Attention is invited to Paragraph 2.4 of the Export and Import Policy 2002-2007, as amended and Paragraphs 4.9 and 4.10 of the Handbook of Procedures, Vol.1, 2002-2007, as amended and also to the Handbook of Procedures, Vol.2, 2002-2007, as amended from time to time....

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SEBI : Amendment to listing agreement regarding disclosure pertaining to schemes of arrangement/merger/amalgamation /reconstruction filed before the Court.

SEBI/SMD/Policy/List/Cir -17/2003 (08/05/2003)

The company agrees that in the explanatory statement forwarded by it to the shareholders u/s 393 or accompanying a proposed resolution to be passed u/s 100 of the Companies Act, it shall disclose the pre and post-arrangement or amalgamation (expected) capital structure and shareholding pattern....

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Notification No. 39/2003-Central Excise; Dated: 08.05.2003

Notification No. 39/2003-Central Excise (08/05/2003)

The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 115/75-Central Excise, dated the 30th April, 1975 and was last amended by notification No. 7/1998-Central Excise, dated the 2nd June, 1998 [G.S.R. (E), dated the 2nd June, 1998....

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Imposition of anti-dumping duty on raw silk, testing of grades-reg

Circular No. 39/2003-Custom Duty (07/05/2003)

I am directed to refer to the subject mentioned above and to say that as you are aware, notification no. 2/03 dated 2.1.03 has imposed antidumping duty on raw silk of grade 2A and below imported from China. According to reports received by the Board, some unscrupulous importers are misdeclaring grades of raw silk consignments in order to ...

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Circular No. 713/29/2003-Central Excise, Dated: 07.05.2003

Circular No. 713/29/2003-Central Excise (07/05/2003)

Circular No.713/29/2003-CX Vide notification Nos. 34 and 35/2003-CE, both dated 30th April, 2003, exemptions have been given to fabrics and readymade garments and clothing accessories, upto specified clearance values. These exemptions are applicable to manufacturers having aggregate value of clearances below certain limits. For calcula...

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Notification No. 32/2003-Customs(N.T.), Dated: 07.05.2003

Notification No. 32/2003-Customs (N.T ) (07/05/2003)

The principal notification No. 12/97-Customs (N.T.) dated the 2nd April 1997 was published in the Gazette of India, Extraordinary, Part (II), Section 3, Sub-section (i), vide No. GSR 193 (E), dated the 2nd April, 1997 and was last amended by notification No. 13/2003-Custom (N.T.), dated the 11th February, 2003, published in the Gazette of...

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Stock Transfer by an EOUs to DTA, Whether Covered under DTA sale of the EXIM Policy – Clarification regarding

Circular No. 38/2003-Custom Duty (06/05/2003)

The only point that needs attention, in case of stock transfers, is the valuation of the goods. In the case of EOUs, the valuation of goods cleared to DTA is to be done as per the provisions of Section 14 of the Customs Act read with the Customs valuation Rules 1988. While determining value of goods under stock transfer, the fact that it ...

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Circular No. 712/28/2003-Central Excise, Dated: 05.05.2003

Circular No. 712/28/2003-Central Excise (05/05/2003)

Circular No. 712/28/2003-CX I am directed to say that PAC in its 39th Report has given certain recommendations on para 2.5 and 2.6 of C&AG Report for the year 1998-99 relating to inordinate delay for recovery of confirmed demands and non-adjudication of demands. Simultaneously Board is also deeply concerned about the large number of cas...

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SEBI : Registration Number of Brokers / Sub-brokers to be quoted on all correspondences with SEBI

SMD/DBA-II/Cir-16/9618/03 (05/05/2003)

Regulations, 1992 either directly or through the concerned stock exchange do not provide important details required for expeditiously crediting the drafts to the account of the concerned Broker / Sub-broker. This results in avoidable correspondences and delay in crediting these drafts....

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General Circular No. 21/2003, dated 02.05.2003

General Circular No. 21/2003 (02/05/2003)

The Private Limited Company and Unlisted Public Limited Company (Buy-back of Securities) Amendment Rules, 2003....

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Continuation of anti-dumping duty on Metallurgical coke

Notification No. 75/2003-Customs (02/05/2003)

The principal notification was published in the Gazette of India, vide number G.S.R. 466(E) dated the 19th May, 2000 and was last amended vide notification No.5/2003-Customs, dated the 3rd January, 2003 number G.S.R 7(E), dated the 3rd January, 2003....

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SEBI: Amendments to the SEBI (Disclosure and Investor Protection) Guidelines,2000

RMB Series Circular No. 9 (02/05/2003)

Provided further that the accounting ratios disclosed in the offer documents in support of basis of the issue price shall be calculated after giving effect to the consequent increase in capital on account of compulsory conversions outstanding, as well as on the assumption that the options outstanding, if any, to subscribe for additional c...

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Rescinds the notification No. 79/98-Customs, dated: 28.10.1998

Notification No. 72/2003-Customs (01/05/2003)

In exercise of powers conferred by sub-section (1) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for determination of Injury) Rules, 1995, the Central Government hereby rescinds the notificat...

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Notification No. 42/2003-Central Excise (N.T.), Dated: 01.05.2003

Notification No. 42/2003-Central Excise (N.T.) (01/05/2003)

In the CENVAT Credit Rules, 2002, in rule 9A, in sub-rule (4), for the figures and words "2nd day of May, 2003", the figures and words "12th day of May, 2003" shall be substituted....

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Rescinds the notification No. 50/2002-Customs, dated: 02.05.2002

Notification No. 74/2003-Customs (01/05/2003)

In exercise of powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rule 13 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for determination of Injury) Rules, 1995, the Central Government hereby rescinds the notification of t...

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Anti-dumping duty on vitrified and porcelain tiles, other than vitrified industrial tiles

Notification No. 73/2003-Customs [G.S.R. 376(E).] (01/05/2003)

The anti-dumping duty imposed under this notification shall be levied with effect from the date of imposition of the provisional anti-dumping duty, i.e., the 2nd May, 2002, and shall be payable in Indian currency....

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Anti-dumping duty on D (-) Para Hydroxy Phenyl Glycine Base

Notification No. 71/2003-Customs (01/05/2003)

Rate of exchange applicable for the purposes of calculation of such 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 rom time to time, in exercise of the powers conferred by sub-clause (i) of clause (a) of su...

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