"June, 2003" Archive

Notification No.160/2003 – Income Tax Dated 30/6/2003

Notification No.160/2003 - Income Tax 30/06/2003

Notification No.160 - Income Tax In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby directs that the Chief Commissioners of Income-tax, specified under column (2) of the Schedule-II (as so inserted by this notification) annexed...

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SEBI : Amendment to SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999

SEBI/PMD/MBD/ESOP/2/2003/30/06 30/06/2003

The Board, after considering the recommendations of the Committee and the public comments, has approved certain modifications to be incorporated in captioned Guidelines....

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Policy Circular No. 09 (RE-2003)/2002-2007, Dated: 30.06.2003

Policy Circular No. 09 (RE-2003)/2002-2007 30/06/2003

Attention is invited to ALC Circular Nos. 8/98-99 dated 20.2.99,1/2001-2002 dated 23.8.2001, 2/2001-02 dated 3.9.2001 and Public Notice No.13/2002-2007 dated 20.5.2002. Vide these Circulars and Public Notice, all Licensing Authorities were advised not to issue any duty free licence including DFRC, Advance Licence for deemed exports, Adva...

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Imports of approved & unapproved drugs under the Advance Licensing Scheme–Exemption from Registration procedure

Policy Circular No. 9 (RE-2003)/2002-2007 30/06/2003

Subsequent to the above Notification, representations have been received from various Drug Manufacturers Associations requesting for exemption from registration requirements of the Drugs & Cosmetics Act for imports under the Advance Licensing Scheme. The requests have been considered and It has been decided that import of approved & unapp...

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Notification No.158/2003 – Income Tax Dated 27/6/2003

Notification No.158/2003 - Income Tax 27/06/2003

Notification No.158 - Income Tax In exercise of the powers conferred by sub-clause (i) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 31,63,38,500 number of "8.5% Tax Free SLR Power Bonds" of rupees one thousand each, issued on and after the 1st October, 2001, by the Reserv...

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Circular No. 57/2003-Custom Duty, dated; 27.06.2003

Circular No. 57/2003-Custom Duty 27/06/2003

Therefore, it is clarified that the term "Cellular Phone" in notification no. 21/2002 Cus(Sl. 313) dated 1.3.2002 covers only hand held mobile phones working on cellular technology. This notification does not cover either fixed wireless terminals or fixed wireless telephones working on cellular technology....

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Dutiability of Coke Breeze generated in the process of manufacturing of Pig iron/steel

Circular No. 56/2003-Custom Duty 27/06/2003

In view of the above, it is clarified that no customs duty or anti-dumping duty should be charged on the amount of Coke Breeze cleared from the factory. However, if the amount of coke breeze is more than 5%, the Assistant Commissioner/Deputy Commissioner concerned should enquire into it and take decision on merits....

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Notification No. 57/2003-Central Excise; Dated: 27.06.2003

Notification No. 57/2003-Central Excise 27/06/2003

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.55/2003-Central Excise, dated the 24th June, 2002 [ G.S.R. 510 (E), dated the 24th June, 2003...

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SEBI : Advertisements by Mutual Funds

SEBI/MFD/CIR No. 6/12357/03 26/06/2003

Impact of Distribution Taxes: While advertising returns by assuming reinvestment of dividends, if distribution taxes are excluded while calculating the returns, this fact may also be disclosed. ...

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Notification No. 56/2003- Central Excise- Dated- 25.06.2003

Notification No. 56/2003-Central Excise [G.S.R. 513 (E).] 25/06/2003

Dated- 25th June, 2003 Notification No. 56/2003 – Central Excise  G.S.R. 513 (E). -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 […]...

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