A suitable Trade Notice and Standing Order may be issued for the guidance of the trade and staff. Difficulties faced, if any, in implementation of the Circular may be brought to the notice of the Board at an early date.
In spite of the above-referred clear guidelines, a number of requests are received from Ministries, State Governments, Autonomous Bodies, Municipalities and Public Sector Undertakings for customs duty exemption on various items meant for normal functional requirement or for various projects implemented by them, even without specifying as to why they could not provide budgetary allocation for payment of Customs duty.
communicate to SEBI the status of implementation of the provisions of this circular in the Monthly Development Report.
Enclsed please find a copy of the gazette notification no. SEBI/LAD/DOP/1446/2007 dated January 8, 2007 pertaining to SEBI (Foreign Institutional Investors) (Amendment) Regulations 2007 for your information and necessary action.
It is observed from the information provided by the depositories that the companies listed in Annexure ‘A’ have established connectivity with both the depositories on or before 31.12.2006.
Notification No. 26 – Income Tax In exercise of powers conferred by sub-section (1) and sub-section (2) of section 120 of the Income-tax Act 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendment in the notification of the Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, Number S.O. 733(E), dated the 31st July, 2001, namely
In exercise of the powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944(1 of 1944), the Central Board of Excise and Customs constituted under the Central Board of Revenue Act,1963 (54 of 1963), constitutes a Committee consisting of two Commissioners of Central Excise mentioned in column.
In exercise of the powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944 (1 of 1944), the Central Board of Excise and Customs, constituted under the Central Board of Revenues Act,1963 (54 of 1963) , constitutes a Committee consisting of two Chief Commissioners of Central Excise mentioned in column.
In exercise of the powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944 (1 of 1944), the Central Board of Excise and Customs hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance, Department of Revenue, No. 24/2005-Central Excise ( N.T.), dated the 13th May, 2005, namely.
Notification No. 25 – Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-1A of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for Industrial Park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and
