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,
Learn about the procedure and eligibility for importing items under Tariff Rate Quota (TRQ) as per the Public Notice No. 7 (RE-2003)/2002-2007.
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.
The Public Notice No. 06 (RE-03)/2002-2007 announces amendments to the Standard Input Output Norms in the Handbook of Procedures for various products.
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.
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.
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 avoid payment of anti dumping duty.
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 calculations of these limits, it has been, inter alia, prescribed that where these goods are cleared by one or more manufacturers from a factory
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 India, Extraordinary part (II), Section 3, Sub-section (i), vide GSR No. 103 (E), dated the 11th February, 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 is related person transaction, may also be taken into consideration.
