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Archive: January, 2006

Posts in January, 2006

Amends Notification No.39/96-Customs, dated 23/07/1996-95

January 24, 2006 577 Views 0 comment Print

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), No. 39/96-Customs, dated the 23rd July, 1996, namely.

Notification 1/2006-Central Excise; Dated: 24.01.2006

January 24, 2006 544 Views 0 comment Print

subsequently amended by notification No.96/95-Central Excise, dated the 26th May, 1995 [G.S.R. 433(E), dated the 26th May, 1995], 116/95-Central Excise, dated the 13th November, 1995 [G.S.R. 738(E), dated the 13th November, 1995], 1/96-Central Excise, dated the 1st January, 1996 [G.S.R. 3(E), dated the 1st January, 1996]

Notification No. 41 (RE-2005)/2004-2009, Dated: 23.01.2006

January 23, 2006 451 Views 0 comment Print

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 ( No. 22 of 1992) read with paragraph 1.3 of the Foreign Trade Policy, 2004-2009, (as amended from time to time), the Central Government hereby makes the following amendments in Foreign Trade Policy, 2004-2009.

Retrospective levy of definitive Anti-Dumping Duty (ADD)-reg

January 23, 2006 2080 Views 0 comment Print

The matter has been examined in the Board’s office. The issue under doubt is whether anti-dumping duty (ADD) under Section 9A of the Customs Tariff Act, 1975 is payable during the interregnum period between the date of expiry of provisional anti-dumping duty and imposition of final ADD, and whether it should be applied retrospectively from the date of imposition of provisional levy.

Public Notice No. 84 (RE-2005)/2004-2009, Dated: 23.01.2006

January 23, 2006 541 Views 0 comment Print

Similarly, export obligation against import of (covered by chapter 9 of the ITC (HS) Classifications of Export & Import Items, 2004-09) shall be fulfilled within a period of 90 days from the date of receipt of the first import consignment i.e. the date on which the first import consignment is cleared by the customs authorities.

CIT v. Poompuhar Shipping Corporation Ltd. (2006) 282 ITR 3 (Mad)

January 20, 2006 3490 Views 0 comment Print

P.P.S. Janarthana Raja J.- The present appeals are filed under section 260A of the Income-tax Act, 1961 by the Revenue, against the order dated July 29, 2004, in I.T.A. Nos. 2075 and 2076 (Mds)/96 passed by the Income-tax Appellate Tribunal, Madras “C” Bench, raising the following substantial question of law:

SEBI : Modes of despatch of refunds in public issues

January 20, 2006 514 Views 0 comment Print

In this regard, you are advised to do the needful, in consultation with registrar, so as to ensure that for refund through any mode of electronic transfer of funds, the relevant electronic file is transferred to the Clearing system within the time period specified in Clause 6.13.2.26 of the Guidelines.

SEBI : Modes of despatch of refunds in public issues.

January 20, 2006 391 Views 0 comment Print

This circular is available on SEBI website at www.sebi.gov.in. Full text of the SEBI (DIP) Guidelines including the amendments issued vide the circular No SEBI/CFD/DIL/DIP/18/2006/20/1 dated January 20, 2006 is available on SEBI’s website under section “Issues and Listing.”

SEBI : Modes of despatch of refunds in public issues

January 20, 2006 469 Views 0 comment Print

This circular is available on SEBI website at www.sebi.gov.in. Full text of the SEBI (DIP) Guidelines including the amendments issued vide the circular No SEBI/CFD/DIL/DIP/18/2006/20/1 dated January 20, 2006 is available on SEBI’s website under section “Issues and Listing.

SEBI : Review of the eligibility criteria of stocks for derivatives trading especially on account of corporate restructuring

January 20, 2006 421 Views 0 comment Print

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 Contract

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