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We undertake that we/ our associates have not issued/ subscribed/ purchased any of the offshore derivative instruments directly to/ from Non Resident Indians/ Indian Residents.
Services provided in relation to chit. – Chit means a transaction whether called chit, chit fund, chitty, kuri, or by any other name by or under which a person enters into an agreement with a specified number of persons that every one of them shall subscribe a certain sum of money
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes, with immediate effect, the following amendments to the Notifications No.4 (RE-2008)/2004-09 dated 11th April, 2008.
The principal notification no. 6/2007-Central Excise (N.T.) dated the 12th February, 2007 was published vide number G.S.R.77(E), dated the 12th February, 2007 and was subsequently amended by Notification No.02/2008-Central Excise (N.T.) dated the 15th January,2008 vide number G.S.R.32(E), dated the 15th January,2008.
The principal notification no. 5/2007-Central Excise (N.T.) dated the 12th February, 2007 was published vide number G.S.R.76(E), dated the 12th February, 2007 and was subsequently amended by Notification No.01/2008-Central Excise (N.T.) dated the 15th January,2008 vide number G.S.R.31(E), dated the 15th January, 2008.