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SEBI : Adjustment in Stock Option Contracts and Single Stock Futures Contracts at time of Corporate Action

December 18, 2002 667 Views 0 comment Print

The Exchanges may now determine the manner of adjustment in derivative contracts at the time of corporate actions in conformity with the following principles.

SEBI : Risk containment measures and the broad eligibility criteria of stocks on which stock options and single stock futures could be introduced.

December 18, 2002 571 Views 0 comment Print

Derivative contracts on a new stock index shall be permitted if the stocks contributing 90% weightage in the index are individually eligible for derivative trading as per the eligibility criteria. This requirement shall be applied only at the time of introduction of derivative contract on new indices.

Powers of Adjudication of Additional / Joint Commissioners of Customs – reg

December 17, 2002 946 Views 0 comment Print

As for other cases i.e. the show cause notices where the extended period is not invoked, as per the existing instructions the Additional Commissioners of Customs and Joint Commissioners of Customs

Customs procedure for shipment of export cargo to Bangladesh by the inland waterways route from Haldia Docks Complex-reg

December 17, 2002 748 Views 0 comment Print

These instructions may be brought to the notice of all concerned by way of issuance of suitable Pubic Notice/Standing Orders.

Supply of Goods by EOU/EPZ/SEZ units against Special Entitlement of Duty Free Import of Goods -Clarification Reg

December 17, 2002 820 Views 0 comment Print

In view of the of the position explained above, I am directed to convey that manufacturing units in SEZ may also be allowed to clear manufactured goods in DTA against special entitlement of duty free import of goods

SEBI : Application procedure for registration/renewal as Merchant Banker

December 16, 2002 874 Views 0 comment Print

The information submitted to SEBI at the time of registration/renewal application, shall be full and complete in all respects, otherwise it may delay processing of the registration/renewal application.

SEBI : Application procedure for registration/renewal as Underwriter

December 16, 2002 403 Views 0 comment Print

All entities desirous to be registered as Underwriters and all registered Underwriters desirous of renewing their registration as Underwriter, are required to furnish all the information as specified in ‘Additional Information.

Notification No. 18/2002-Service Tax, dated 16-12-2002

December 16, 2002 1860 Views 0 comment Print

16th December, 2002 Notification No. 18/2002-Service Tax In exercise of the powers conferred by Sub-section (1) of Section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable services provided by a consulting engineer to a […]

Notification No. 20/2002-07, Dated: 13.12.2002

December 13, 2002 487 Views 0 comment Print

Units in Small Scale Industry/Tiny Sector/Cottage Sector/Units registered with KVICs or KVIBs/ Units located in North Eastern States, Sikkim and J&K/ Units exporting handloom, handicrafts, hand knotted carpets, silk carpets/exporters holding golden status/ exporters exporting to countries in Latin America and CIS/sub Saharan Africa, units having ISO 9000 (series) or ISO 14000 ( Series) or HACCP Certification or WHO-GMP or SEICMM level 2 status, shall be entitled for export house status on achieving average FOB/FOR value of Rs.5 crore during the preceding three licensing years or FOB/ FOR value of Rs 15 crore during the current licencing year.

Exchange rate to be adopted for hard currencies not mentioned in the Department of Revenue Notification

December 12, 2002 514 Views 0 comment Print

Some such examples are the New Zealand Dollar and the South African Rand both of which do not feature in the exchange rate notifications of the Department of Revenue . These are merely an illustrative list in the basket of hard currencies not covered by such notifications.

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