Further, in accordance with Circular No. IMD/CUST/9/2003 dated November 20, 2003 the FIIs who do not have any outstanding off-shore derivatives are required to submit a statement of ‘Nil’ report once in a quarter.
With effect from 1st April 2004, applications (all categories) submitted online on the DGFT website with digital signatures only shall be given the benefit of 50% reduction in licence fee. However, till the system stabilises a physical copy of the application along with supporting documents shall also be submitted to the Regional Licensing Authorities. Parties filing applications on-line without digital signature will not be entitled to the facility of concessional fees.
This circular is being issued in exercise of powers conferred by section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with section 10 of the Securities Contracts(regulation) Act 1956, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
In exercise of the powers conferred by sub- section (1) of section 25 of the Customs Act,1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), vide No. 115/2003-CUSTOMS, dated the 22nd July, 2003.
In exercise of the powers conferred by sub- section (1) of section 3A of the Customs Tariff Act,1975 (51of 1975), the Central Government, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), vide No. 114/2003-CUSTOMS, dated the 22nd July, 2003, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section ( i ) vide G.S.R 573 ( E), dated the 22nd July, 2003.
In exercise of the powers conferred by sub- section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-section (6) of the section 3 of the Customs Tariff Act,1975 (51of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), vide No. 113/2003-CUSTOMS, dated the 22nd July, 2003.
We verify that our hotel/ restaurant has passed on the benefit of the duty free credit entitlement to the consumer who has availed of the services in our establishment. The pricing of our products prior and post availment of the duty free credit entitlement for service providers was as under.
Notification No. 4/2004 – Service Tax Dated- 31st March, 2004 In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 ( 32 of 1994) and in supersession of the notification of the Government of India in the erstwhile Ministry of Finance and Company Affairs ( Department of […]
The matter has been examined by the Board. It is noted that no appeal has been filed against the decision in the case of Sudharsan Pine Products. It would therefore not be appropriate to ignore it. However, the Deptt. would be within its rights to verify through our missions abroad, or otherwise, the claim of the supplier or the importer (about non-use of power) and till then the assessments could be kept provisional. However, a certificate from the Chamber of Commerce or a Govt. agency of the supplying country.
The principal notification No. 61/2003-CUSTOMS (N.T), dated the 1st August, 2003, was Published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R 627 (E), dated the 1st August, 2003 and was last amended by notification No. 28 /2004-CUSTOMS (N.T), dated the 28th February, 2004 [G.S.R 162 (E), dated the 28th February, 2004].
