Communicate to SEBI, status of implementation of the requirements of this circular in the next Monthly Development Report.
For the purposes of this notification, rate of exchange applicable for the purposes of calculation of anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and the relevant date for determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.
The principal notification No.39/1996-Customs, dated the 23rd July, 1996 was published in the Gazette of India, Extraordinary, vide G.S.R. 291(E), dated the 23rd July, 1996 and was last amended vide notification No.34/2007-Customs, dated the 1st March, 2007 which was published vide number G.S.R. 131(E), dated the 1st March, 2007.
The principal notification No.64/95-Central Excise, dated the 16th March, 1995 was published in the Gazette of India, Extraordinary, vide number G.S.R. 256(E), dated the 16th March, 1995 and was last amended vide notification No.15/2007-Customs, dated the 1st March, 2007 which was published vide number G.S.R. 144(E), dated the 1st March, 2007.
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-09 (updated as on 7th April, 2006) and Paragraph 1.1 of the Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby makes the following amendments in the Book titled “Schedule of DEPB rates.
In case where the input(s) required for the manufacture of the resultant export product have norms from further basic stage(s) for manufacture of one or more of such inputs, the licence can be issued by using these norms (excluding packing material, if any) in place of such inputs, for manufacture of the resultant export product.
The tribunal took this view in case of Bajaj Auto Finance. It distinguished a hire purchase arrangement from a hire purchase finance arrangement for taxation purpose. The tribunal held that fundamentally, in case of hire purchase arrangement, the title to the goods remains with the hire purchase company whereas in case of hire purchase financing arrangement, the title to the goods remains with the hirer.
The principal notification No. 57/2000-Customs, dated the 8th May, 2000 was published in the Gazette of India Extraordinary, Part II, Section 3 (i) vide G.S.R 413 (E), dated the 8th May, 2000 and last amended by notification No. 87/2004-Cus dated the 6th September, 2004 published vide G.S.R. 566 (E), dated the 6th September, 2004.
The principal notification No. 23/2003-Central Excise, dated the 31st March, 2003 was published in the Gazette of India Extraordinary, Part II, Section 3 (i) vide G.S.R 266 (E), dated the 31st March, 2003 and last amended by notification No. 22/2006-Central Excise, dated the 1st March, 2006 published vide G.S.R. 112 (E), dated the 1st March, 2006.
With an objective of effective and relevant disclosure to the regulator, it has been decided that instead of filing complete CTR with SEBI, the AMCs shall only do exceptional reporting on a bimonthly basis. While the format and contents of CTR would continue,
