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Archive: April, 2006

Posts in April, 2006

Notification No. 15/2006-ST, dated 25-04-2006

April 25, 2006 5922 Views 0 comment Print

Date of levy for Sections 65 and 66 Date: 25th April, 2006 Notification No. 15/2006-Service Tax G.S.R. (E).- In exercise of the powers conferred by clause (A) and sub-clause (2) of clause (B) of section 68 of the Finance Act, 2006 (21 of 2006), the Central Government hereby appoints the 1st day of May, 2006, […]

SEBI : Amendments to SEBI (Disclosure and Investor Protection) {DIP} Guidelines, 2000

April 24, 2006 430 Views 0 comment Print

Legal Framework”. The entire text of the SEBI (DIP) Guidelines, 2000, including the amendments issued vide this circular, is available on SEBI website under the categories “Legal Framework” and “Issues and Listing”.

Notification No. 9/2006-Central Excise (N.T.); dated: 21.04.2006

April 21, 2006 610 Views 0 comment Print

he principal rules were published vide notification No. 23/2004-Central Excise (N.T.), dated the 10th September, 2004, G.S.R.600 (E), dated the 10th September, 2004 and was last amended vide notification No.8/2006-Central Excise (N.T.), dated the 19th April, 2006, G.S.R. 231(E), dated the 19th April, 2006.

SEBI : Dividend Distribution Procedure for Mutual Funds.

April 21, 2006 664 Views 0 comment Print

It is clarified that the said guidelines on dividend distribution procedure are applicable to all mutual fund schemes/plans which intend to declare the dividend irrespective of their dates of launch. All other provisions of the aforesaid circular remain unchanged.

SEBI : Introduction of Gold Exchange Traded Funds in India.

April 21, 2006 547 Views 0 comment Print

As there are no indices catering to the gold sector/securities linked to Gold, currently GETF shall be benchmarked against the price of Gold.

SEBI : Establishment of connectivity with both NSDL and CDSL Shifting from Trade for Trade Segment (TFTS) to Rolling Segment

April 20, 2006 424 Views 0 comment Print

At least 50% of non-promoter holdings as per clause 35 of Listing Agreement are in demat mode before shifting the trading in the securities of the company from TFTS to rolling settlement.

Import of re-manufactured/second hand capital goods

April 20, 2006 859 Views 0 comment Print

To facilitate clearance of second hand capital goods under free category, a declaration by the importer at the time of clearance that the capital goods imported are second hand capital goods and do not fall under the category of remanufactured capital goods may be accepted by the customs authorities.

Circular No. 828/05/2006-Central Excise, Dated: 20.4.2006

April 20, 2006 1765 Views 0 comment Print

It may be recalled that notification no. 11/2002 Central Excise (NT) dated 1st March, 2002 was issued under Rule 5 of the CENVAT Credit Rules, 2002 prescribing safeguards, conditions and limitations for allowing refund of unutilised input credit to manufacturers. The said rule has been substituted by a new Rule 5 vide notification no. 4/2006 Central Excise (NT) dated 14th March, 2006 to enable refund of unutilised input/input service credit to manufacturers and service providers

Notification No. 37/2006-Customs duty, Dated; 20/04/2006

April 20, 2006 517 Views 0 comment Print

the basis of the aforesaid findings of the designated authority, the Central Government had imposed an anti-dumping duty vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 93/2005-CUSTOMS, dated the 20th October, 2005, published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, dated the 20th October, 2005, vide G.S.R. 642 (E), dated 20th October, 2005

Imposed an anti-dumping duty on import of Borax Decahydrate

April 20, 2006 526 Views 0 comment Print

Whereas in the matter of import of Borax Decahydrate (hereinafter referred to as the subject goods), falling under the heading 2840 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from the Turkey and the People’s Republic of China.

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