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SEBI : Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Segment (TFTS) to Rolling Segment

June 25, 2008 508 Views 0 comment Print

Though the connectivity with both depositories took prior to February 2008, the name change was taken on record by BSE in December 2007. Subsequent to submission of requisite documents by the company,

Exchange rate notification for Import of / exported goods w.e.f 1st July, 2008

June 25, 2008 487 Views 0 comment Print

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.45/2008 (NT)-CUSTOMS, dated the 28th May, 2008 vide number S.O. 1245(E), dated the 28th May, 2008

Circular No. 9/2008-Customs Duty, Dated: 25/06/2008

June 25, 2008 688 Views 0 comment Print

The matter has been examined in the Board. For the purpose of ensuring uniformity in practice and also to prevent misuse of the facility, the aforesaid instructions issued vide Board’s Circular No.68/95-CUS., dated 15.06.1995 and Circular No.132/95-CUS., dated 22.12.1995 regarding entrusting the specified functions to the Commissioners are being reiterated. However, it is clarified that in case of 100% EOUs, the licensing u/s 58 and grant of permission for in-bond manufacturing facility u/s 65 of the Customs Act, 1962 shall continue to be considered and decided by Assistant Commissioner of Customs or Deputy Commissioner of Customs.

Public Notice No. 32 (RE-2008)/2004-09, Dated: 24.06.2008

June 24, 2008 328 Views 0 comment Print

In exercise of powers conferred under paragraph 2.4 of Foreign Trade Policy, 2004-09, as amended from the time to time, the Director General of Foreign Trade hereby extends the validity of the Public Notice No.95 (RE-2005)/2004-2009, dated the 30th March, 2006.

Public Notice No. 31 (RE-2008)/2004-09, Dated: 24.06.2008

June 24, 2008 286 Views 0 comment Print

In exercise of powers conferred under paragraph 2.4 of Foreign Trade Policy, 2004-09, as amended from the time to time, the Director General of Foreign Trade hereby extends the validity of the Public Notice No.38 (RE-2006)/2004-2009, dated the 31.07.2006, for export of “Sandalwood Oil” till 31.12.2008.

Amends Notification vide number G.S.R. 485 (E), dated 16th July, 2007

June 24, 2008 559 Views 0 comment Print

The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 485(E), dated the 16th July, 2007 and was last amended by notification vide number G.S.R.770 (E), dated the 13th December, 2007.

Circular No. 873/11/2008-Central Excise, Dated: 24.06.2008

June 24, 2008 646 Views 0 comment Print

I am directed to inform that the Board has decided not to file a review petition in the case of M/s Jayanti Food processing {Ref. 2007(215) ELT 327(S.C.) dated 22.08.07}.In this case, the Supreme Court has pronounced on the applicability of SWM (PC) Rules, 1977 in the context of assessment under section 4 or section 4A.

SEBI : Parking of Funds in Short Term Deposits of Scheduled Commercial Banks by Mutual Funds – Pending Deployment

June 23, 2008 430 Views 0 comment Print

It is clarified that the said circular shall not apply to term deposits placed as margins for trading in cash and derivatives market.

Corrigendum to SEBI :(Intermediaries) Regulations, 2008 and Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008

June 23, 2008 694 Views 0 comment Print

Corrigendum to Securities and Exchange Board of India (Intermediaries) Regulations, 2008 and Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008

Notification No. 77/2008-Customs Duty (N.T.), dated 23-06-2008

June 23, 2008 586 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby appoints the Commissioner of Customs, (Import), Jawaharlal Nehru Custom House, Nhava Sheva, Mumbai to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on the Commissioner of Customs, (Preventive), Custom House, Central Revenue Building, The Mall, Amritsar, for the purpose of adjudicating the matters relating to show cause notice pertaining to M/s Shri Ram Agro Chemical Private, Limited, Tohana, District-Fatehabad, Haryana-125120, issued vide DRI F.No. 23/15/06-DZU/2963-2971 dated the 17th May, 2007 by the Additional Director General, Directorate General of Revenue Intelligence, Delhi Zonal Unit, Delhi.

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