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Archive: 2003

Posts in 2003

Companies Act: Deposit Rules Amended for NDDB Loans

April 3, 2003 895 Views 0 comment Print

New amendment to the Companies (Acceptance of Deposits) Rules exempts NDDB loans to its companies from deposit regulations under the Companies Act, 1956.

Public Notice No. 4 (RE-2003)/2002-2007, Dated: 03.04.2003

April 3, 2003 382 Views 0 comment Print

Where supplies in respect of contracts, as contained in Para 3(i ) & (ii ) above have already been completed on the date of issue of this Public Notice, such contracts shall not be eligible for grant of Advance licence for deemed export unless such licence had already been applied for prior to effecting the aforesaid supplies.

Rescinds the notification No. 55/2002-Customs, dated: 22.05.2002

April 2, 2003 472 Views 0 comment Print

In exercise of powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 13 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 notification of the Government of India in the erstwhile Ministry of Finance (Department of Revenue), No. 55/2002-Customs, dated the 22nd May, 2002.

Anti-dumping duty on lead acid batteries

April 2, 2003 865 Views 0 comment Print

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 22nd May, 2002, and shall be payable in Indian currency.

Imports for delivery to an institution, eligibility under notification 51/96-Cus.-reg

April 2, 2003 892 Views 0 comment Print

I am directed to refer to the subject mentioned above and to say that notification No. 51/96-Cus., dated 23.7.96, prescribes concessional rate of duty on specified goods when imported by importers specified in column (2) of the table to the notification, provided the conditions specified in column (4) of the table are complied with.

FTP: Conditions for Export of onion

April 2, 2003 568 Views 0 comment Print

In continuation of Notification No. 50 (RE-2001)/1997-2002 dated the 22nd March , 2002, and Notification No.7 dated 12th April, 2002 and Public Notice No.8 dated 19th April,2002 releasing thereby the quantity of 2 Lakh MTs. , 1 Lakh MTs. and 6 Lakh MTs. of onion for export up to 31st March,2003 respectively the Director General of Foreign Trade has now decided that unutilised balance quantity of onions released under the above notifications shall be allowed for export upto 30th June, 2003.

Notification No. 26/2003-Customs (N.T.), dated: 01.04.2003

April 1, 2003 3760 Views 0 comment Print

If bicycles or cycle rickshaws, assembled or unassembled falling under serial or sub-serial 87.44, 87.45 and 87.46 of the said Table, are exported alongwith extra accessories as specified under serial or sub-serial numbers 40.01, 40.02, 40.03, 70.01, 73.08, 73.16, 73.18, 82.02, 85.22, and 87.47 to 87.114 of the said Table, then additional drawback shall be payable at the rate specified against the serial or sub-serial number relating to such accessories.

Notification No. 62/2003-Customs, Dated: 01.04.2003

April 1, 2003 568 Views 0 comment Print

The principal notification No. 21/2002-Customs, dated the 1st March, 2002 was published in the Gazette of India vide number G.S.R. 163 (E), dated the 1st March, 2002 and was last amended vide notification No. 28/2003- Customs, dated the 1st March, 2003, number G.S.R. 163 (E), dated the 1st March, 2003.

Anti-dumping duty on Sodium hydrosulphite

April 1, 2003 487 Views 0 comment Print

(a) Sodium hydrosulphite, in all forms, originating in, or exported from, Germany and Republic of Korea has been exported to India below its normal value; (b) the domestic industry has also suffered material injury by way of financial loss due to depressed net sales realization on account of price depression caused by low landed prices of the dumped Sodium hydrosulphite;

Notification No. 31/2003 -Central Excise; Dated: 01.04.2003

April 1, 2003 517 Views 0 comment Print

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.

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