"April, 2008" Archive

SEBI : Revised Monthly Cumulative Report (MCR)

SEBI/IMD/CIR No. 3/124444/08 (30/04/2008)

Compliance officers of all the Mutual Funds are advised to take due care while forwarding the MCR data to SEBI. Compliance officers shall confirm that the data forwarded is correct and does not require any revision....

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Public Notice No. 10 (RE-2008)/2004-2009, Dated: 29.04.2008

Public Notice No. 10 (RE-2008)/2004-2009 (29/04/2008)

Application has to be filed for claiming interest if Terminal Excise Duty (TED)/ Duty Drawback/ Central Sales Tax (CST) due to a claimant is not paid within a period of one month from the date of final approval of claim by the Regional Authority (RA)/ Development Commissioner (DC), Special Economic Zone (SEZ)....

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Notification No. 25/2008-Central Excise; Dated: 29.04.2008

Notification No. 25/2008-Central Excise (29/04/2008)

The principal notification No.6/2006-Central Excise dated the 1st March, 2006, was published in the Gazette of India, Extraordinary, vide number G.S.R. 96(E), dated the 1st March, 2006 and was last amended vide notification No. 6/2008-Central Excise, dated the 1st March, 2008 which was published in the Gazette of India, Extraordinary, vid...

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Amends Notification No. 21/2002-Customs Duty, dated 1st March, 2002

Notification No. 56/2008-Customs (29/04/2008)

Note: The principal notification No.21/2002-Customs, dated the 1st March, 2002 was published in the Gazette of India, Extraordinary, vide number G.S.R. 118(E), dated the 1st March, 2002 and was last amended vide notification No.42/2008-Customs, dated the 1st April, 2008 published vide number G.S.R.259(E), dated the 1st April, 2008....

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Circular No. 6/2008-Customs Dated- 28th April, 2008

Circular No. 6/2008-Custom Duty (28/04/2008)

I am directed to state that various representations from importers, exporters, trade and industry associations and references from some of the Customs field formations have been received in the Board seeking clarification regarding refund of 4% Additional Duty of Customs leviable under sub-section (5) of Section 3 of the Customs Tariff A...

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Regarding anti-dumping duty on Pentaerythritol originating in, or exported from Chinese Taipei and Japan

Notification No. 55/2008-Customs (28/04/2008)

Whereas, the designated authority vide notification No. 15/7/2006-DGAD, dated the 15th March, 2007, published in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 15th March, 2007, had initiated review, in terms of sub-section (5) of section 9A of the Customs Tariff Act....

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Utilization of Vishesh Krishi and Gram Udyog Yojana (VKGUY) scrips (Erstwhile Vishesh Krishi Upaj Yojana (VKUY) scrips)

Policy Circular No. 5 (RE-2008)/2004-2009 (28/04/2008)

In FTP (RE2006), the scheme was renamed as VKGUY. For VKGUY Scrips issued for exports made during 2006-07, import allowed is governed by Para 3.8.3 read with Para 3.8.3.1 of FTP (RE2006). All freely importable items covered under ITC HS book, except for a few items listed in Appendix 37B of the Handbook of Procedures Vol. I, are allowed....

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Regarding anti-dumping duty on Hydrofluoric acid originating in, or exported from the People's Republic of China

Notification No. 54/2008-Customs (28/04/2008)

rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification, issued from time to time, in exercise of the powers conferred by section 14 of the said Customs Act, and the relevant date for the determination of the rate of exchange shall be the date of presen...

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Determines rate of exchange of conversion of foreign currency

Notification No. 39/2008-Customs (N.T.) (28/04/2008)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.32/2008-CUSTOMS (N.T.), dated the 27th March, 2008 vide number S.O. 742(E), dated the 27th March, 2008, except as respects thin...

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Entry Tax-Petitioner who had discharged his burden by producing the bills which had no rubber seal to the effect “local goods for the area”, cannot be held liable to pay the tax in the absence of any proof to the contrary

M/s Goel Coal Co. Vs Additional Commissioner of Commercial Tax, Jabalpur : Assistant Commissioner-1, Satna : Secretary Commercial Tax, State of Madhya Pradesh (MP High Court Jabalpur)

In the case of Ranomal Vs. State of M.P. (1985) 18 VKN 53 (M.P.)= 1984 MPLJ 585 it has been held by a Division Bench of this Court that the burden which rests on the dealer is discharged by producing a bill which does not contain rubber stamp endorsement in the nature required to be […]...

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