These instructions are issued under Regulation 20 of SEBI (Foreign Institutional Investors) Regulations, 1995 and shall come in force with effect from the second fortnight of August 2003. The enclosed revised reporting format supercedes the previous reporting format prescribed vide our circular no. FITTC/CUST/14/2001 dated October 3, 2001.
Definition – co-operative society means a society registered or deemed to be registered under any law relating to co-operative societies for the time being in force in any State.
It is observed from manufacturers catalogues and product literature that CD mechanism consists of a rigid frame housing a motorized turntable that rotates the disc, and a radial mechanism which positions and tracks a single or 3 beam optical pick up across the disc. The objective lens of the pick up is moved by a focus coil which focuses a laser light spot onto the information layer of the disc.
For the purposes of this notification, an “independent twister” means a person engaged only in twisting filament yarns but does not include the person who undertakes himself or has proprietary interest in any factory undertaking any other process such as spinning, doubling, weaving, processing of yarn or fabric.
I am directed to state that doubts have arisen in field formations regarding determination of the aggregate value of clearances of all excisable goods for home consumption in the preceding financial year 2002-2003 to decide the eligibility for availing the benefit of excise duty exemption under Notification No.8/2003-Central Excise, and Notification No..9/2003-Central Excise both dated 1st March, 2003 for the financial year 2003-04
The same notification, at Sl.No.44, provides for concessional rate of customs duty on similar plain plastic films when imported for manufacture of plastic film capacitors, etc. However, the explanation inserted under Sl.No.52 of the said notification is not there under Sl.No.44. Such an explanation under Sl. No. 44 of the notification has been inserted only in the recent budget (2003) i.e. on 1.3.2003.
In exercise of the powers conferred by Section 5 of the Foreign Trade ( Development & Regulation ) Act, 1992 ( No. 22 of 1992 ) read with 1.1, 2.1 and 2.4 of the Export and Import Policy, 2002-2007, the Central Government hereby makes the following amendments in the Schedule 2 ITC(HS) Classification of Export and Import items , 2002-2007.
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional Duties of Excise (Textile and Textile Articles) Act, 1978 (40 of 1978), the Central Government.
The principal notification No. 6/2002-Central Excise, dated the 1st March, 2002 was published in the Gazette of India vide number G.S.R. 127 (E), dated the 1st March, 2002 and was last amended vide notification No.63/2003-Central Excise, dated the 31st July, 2003, number G.S.R. 618(E), dated the 31st, July, 2003
In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules to amend the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000
