Kind attention is invited to Department of Revenue Circular No.12/2003, dated 25th February, 2003 under which names of various fictitious/non-existent companies reported by Commissioner of Customs(Preventive), New Delhi were circulated reporting that these companies were trying to avail duty drawback by showing export. Names of 27 companies which had come to adverse notice of Commissioner of Customs( Preventive), New Delhi had also been enclosed with the circular.
The first HYR will be for the half year ended September 2003, which has to be submitted to SEBI by the FIIs through their custodians’ latest by December 15, 2003.
Provided further that Security Officer and Assistant Security Officer shall discharge only such powers of Superintendent (Customs) and Preventive Officer (Customs) respectively as are entrusted by the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be.
The principal notification No. 15/2002-Customs( N.T.), dated the 7th March, 2002 was published in the Gazette of India, Extraordinary Part II, Section 3, sub-section (i), dated the 7th March under G.S.R.171(E) and was last amended vide notification No. 27/2003-Customs (N.T.), dated the 23rd April, 2003, published in the Gazette of India Extraordinary Part II, Section 3, sub-section (i), dated the 23rd April, 2003.
