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Archive: 2003

Posts in 2003

Notification No. 180/2003-Customs, Dated: 31.12.2003

December 31, 2003 592 Views 0 comment Print

The principal notification No. 113/2003-CUSTOMS, dated the 22nd July, 2003 was Published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R 572 (E), dated the 22nd July, 2003 and was last amended by notification No. 169 /2003-CUSTOMS, dated the 29th November, 2003 [G.S.R. 916 (E), dated the 29th November, 2003.

Notification No. 179/2003-Customs, Dated: 31.12.2003

December 31, 2003 361 Views 0 comment Print

The principal notification No. 26/95-Customs dated the 16th March, 1995, was published in the Gazette of India, Extraordinary, dated the 16th March, 1995, vide G.S.R. 155(E) dated the 16th March, 1995 and was last amended by notification No. 28/2003-Customs dated the 1st March, 2003.

SEBI : T+2 rolling settlement-Cash Market-Risk Management

December 30, 2003 658 Views 0 comment Print

This is in continuation of our circular no. SMD/Policy/Cir-9/2003 dated March 11, 2003, on “Risk Management for T+2 rolling settlement.” In partial modification of the aforesaid circular,

SEBI : (Procedure for holding Enquiry by Enquiry Officer and Imposing Penalty)(Second Amendment) Regulations 2003

December 30, 2003 823 Views 0 comment Print

the adjudicating officer may, on receipt of such records, proceed to deal with the matter, so far as may be, in the same manner as in the case of adjudicating proceedings under Chapter VIA read with the Securities and Exchange Board of India.

Certification of nexus under EPCG Scheme

December 29, 2003 3199 Views 1 comment Print

Attention is invited to Policy Circular No.20(RE-2003)/2002-07 dated 14th November,2003 whereby the guidelines/procedure with regard to certification of nexus under EPCG Scheme were circulated. In Para 3(iv) of the said Circular, the date and year of D.O. letter was erroneously indicated as 17.7.2003. The same is rectified to read as 17.7.2002.

Notification No. 115/2003-Customs (N.T.), dated: 26.12.2003

December 26, 2003 430 Views 0 comment Print

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.104/2003-NT-Customs, dated the 24th November, 2003.

Notification No. 114/2003-Customs (N.T.), dated: 26.12.2003

December 26, 2003 325 Views 0 comment Print

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.103/2003-NT-Customs, dated the 24th November, 2003.

Notification No. 80/2003-Central Excise; Dated: 26.12.2003

December 26, 2003 409 Views 0 comment Print

The principal notification No. 7/2003-Central Excise, dated the 1st March, 2003 was published in the Gazette of India vide number G.S.R. 137(E), dated the 1st March, 2003 and was last amended vide notification No. 75 /2003-Central Excise, dated the 27th October, 2003[G.S.R. 842(E), dated the 27th October, 2003.

Circular No. 10/2003-Income Tax Dated 24-12-2003

December 24, 2003 502 Views 0 comment Print

Circular No. 10 of 2003-Income Tax The existing provisions of rule 7B of the Income-tax Rules, 1962 inserted by the Income-tax (Second Amendment) Rules, 2001, w.e.f. 1-4-2002 and further amended by the IT (Third Amendment) Rules, 2002 w.e.f. 1-4-2003, provide that income derived from the sale of coffee

Exemption for defibrillators of external use under CN. 21/2002 (Sl. No. 363A)

December 23, 2003 580 Views 0 comment Print

Defibrillators generally correct arrhythmia (irregular heart rate) and in specific terms “tachy arrhythmia” (fast heart rate). External defibrillators are used in more critical and emergency situations while internal defibrillators are used when the patient is already prepared for surgery. The issue to be decided was whether the external defibrillators when imported with internal paddles for internal use can be considered for exemption at par with defibrillators for internal use.

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