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Archive: 2004

Posts in 2004

SEBI : Minimum contract size for Exchange traded derivative contracts

February 23, 2004 739 Views 0 comment Print

Accordingly, for derivative contracts which have a contract size/value of Rs.4 Lakh and above, the lot size/multiplier shall be reduced to one-half of the existing lot size/multiplier. For derivative contracts which have a contract size/value of Rs.8 Lakh and above,

Reg. Customs House Agents Licensing Regulations, 2004

February 23, 2004 766 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 146 of the Customs Act, 1962 (52 of 1962), and in supersession of the Customs House Agents Licensing Regulations, 1984, except as respect things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby makes the following regulations.

Notification No. 58/2004, Dated :23.02.2004

February 23, 2004 904 Views 0 comment Print

therefore, the Central Government, in exercise of the powers conferred by Sub-section 11) read with clause (b) of the Explanation to Section 35AC of the Income-tax Act, 1961 (43 of 1961) hereby specifies the scheme or project of Upliftment of the poor and the needy people by giving financial aid for the major surgical operations all over India

Notification No. 57/2004, 23.02.2004

February 23, 2004 382 Views 0 comment Print

whereas the National Committee for Promotion pf Social and Economic Welfare, being satisfied that the said Project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years

Anti-dumping duty on imports of Potassium Carbonate

February 20, 2004 673 Views 0 comment Print

on the basis of the aforesaid findings of the designated authority, the Central Government had imposed an anti-dumping duty on Potassium Carbonate vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No . 91/2003-Customs, dated the 10th June, 2003, [G.S.R. 470(E), dated the 10th June, 2003].

Scope of Notification No. 32/97-Customs Duty for jobbing

February 20, 2004 31462 Views 3 comments Print

Notification No. 32/97-Cus. dated 1-4-97 provides exemption from Customs duty for material when imported into India for execution of an export order. The issue to be looked into whether the benefit would be applicable when the manufacture of goods involves substantial usage of indigenous goods along with the imported goods in the said notification.

Classification of CPU Cooler Fan with Heat sink

February 20, 2004 3937 Views 0 comment Print

The item CPU Cooling Fan with Heat Sink is said to perform the function of cooling the processor in the CPU. On its importation it is being classified in different Custom Houses either under Other Fans under CTH 8414 59 10 or as Part of a Computer under CTH 8473 30 99.

Notification No. 55/2004-Income Tax Dated 19/2/2004

February 19, 2004 451 Views 0 comment Print

Notification No. 55-Income Tax In the notification of the Government of India, in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number S.O.169(E), dated the 6th February, 2004 published in the Gazette of India, Extraordinary in Part II, Section 3, Sub-section (ii), dated the 6th February, 2004 at pages 1 to 24

Notification No. 54/2004-Income Tax Dated 19/2/2004

February 19, 2004 463 Views 0 comment Print

Notification No. 54-Income Tax In exercise of the powers conferred by clause (ii)(b) of the proviso to Section 193 of the Income Tax Act, 1961 (43 of 1961), the Central Government hereby specifies the “IDBI Flexibonds 2003-2004” issued by Industrial Development Bank of India for the purpose of the said clause

SEBI: Issuance of Offshore Derivative Instruments by Registered Foreign Institutional Investors (FII).

February 19, 2004 406 Views 0 comment Print

Any entity incorporated in a jurisdiction that requires filing of constitutional and/or other documents with a registrar of companies or comparable regulatory agency or body under the applicable companies legislation in that jurisdiction.

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