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Archive: 2008

Posts in 2008

SEBI : Interpretation of term “shareholder having trading rights” under Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006.

April 17, 2008 520 Views 0 comment Print

A shareholder having a trading interest “indirectly” in relation to a person having trading rights, would be understood in the same manner as the term “associate” is in relation to a shareholder having trading rights under regulation 2(1)(b) of the Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006.

Refund of service tax on services used by exporters attributable to export activities

April 17, 2008 669 Views 0 comment Print

Refund of service tax paid on taxable services used by exporters which are not input services but could be attributable to export activities – Regarding

Public Notice No. 05 (RE-2008)/2004-2009, Dated: 17.04.2008

April 17, 2008 400 Views 0 comment Print

Export of Skimmed Milk Product (SMP), Casein and any other Milk Product shall not be entitled for the benefit of VKGUY Scheme and Focus Market scheme with immediate effect.

Public Notice No. 04 (RE-2008)/2004-2009, Dated: 17.04.2008

April 17, 2008 490 Views 0 comment Print

In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-2009 and Paragraph 1.1 of the Handbook of Procedures (Vol.I), the Director General of Foreign Trade hereby makes the following amendments in the “Schedule of DEPB Rates”, as amended from time to time, with immediate effect.

SEBI : Comprehensive Risk Management Framework for cash market

April 17, 2008 544 Views 0 comment Print

Necessary systems shall be put in place so as to enable adjustment of the pay-in obligations of the membrs from the cash component of the liquid assets deposited by them.

SEBI : Collateral deposited by clients with brokers

April 17, 2008 1099 Views 0 comment Print

circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

Clarification regarding Actual User Condition for import of Sugar under Advance Authorisation Scheme

April 16, 2008 655 Views 0 comment Print

Attention is invited to the provision contained in paragraph 4.1.5 of FTP wherein it has been stated that the “Advance Authorisation and / or materials imported thereunder will be with Actual User Condition. However, in case of Advance Authorisation wherein the input allowed is Raw Sugar, a special dispensation was allowed vide CBEC letter No. 605/68/2004-DBK dated 21.9.2004.

SEBI : (Mutual Funds) (Amendment) Regulations, 2008

April 16, 2008 796 Views 0 comment Print

the scheme is launched after the commencement of the Securities and Exchange Board of India (Mutual Funds)(Second Amendment) Regulations, 2006 and prior to commencement of the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2008.

Amends Notification No. 36/2001-Customs Duty (N.T.), dated, 3rd August 2001

April 16, 2008 421 Views 0 comment Print

The Principal notification was published in the Gazette of India, Extraordinary, vide Notification No.36/2001 – Customs (N.T.), dated, the 3rd August, 2001 (S.O.748 (E), dated, the 3rd August, 2001) and was last amended vide Notification No. 28/2008-Customs (N.T.), dated, the 17th March, 2008 (S.O. 519 (E) dated 17th March, 2008).

Notification No. 5 (RE-2008)/2004-2009, Dated: 15.04.2008

April 15, 2008 430 Views 0 comment Print

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, following amendments to the Notification No. 4 (RE-2008)/2004-2009.

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