67. Manufacturer to keep account of Central Excise Stamps purchased and used.- (1) The manufacturer shall maintain an account of quantity and value of
F.No. 354/81/2000-TRU I am directed to say, that as you aware, section 4 of the Central Excise Act, as substituted by section 94 of the Finance Act, 2000( No. 10 of 20000), would come into force from the 1st day of July, 2000. For the sle of ready reference,
Circular No. 536/32/2000-CX It is directed to say that to give effect to the decision of the Government as announced by the Finance Minister in his Budget Speech (2000-2001) [Para 100] the Government has issued Notification No. 44/2000-Central Excise (N.T.) dated 30th June 2000 (to be effective from 1.7.2000), amending the Central Excise Rules, 1944 for dispensation of statutory records which were required to be maintained by manufacturer under the Central Excise Rules as per prescribed proforma.
DGFT amends Public Notice No. 18 (RE-2000) regarding imports by charitable and religious institutions, effective 30th June 2000.
Attention is invited to the provisions contained in paragraph 4.6 of the Handbook (Vol.1) which lays down inter-alia the categories of importers/exporters exempted from obtaining Importers-Exporters code (IEC) number. From 1st July, 2000, all importers/exporters shall be required to have a validated IEC number failing which no consignment shall be allowed by Customs.
DGFT issues amendment for DEPB scheme re-export, updates in Chapter 10, product descriptions, and new agencies for certificate issuance.
If in respect of trades marked for delivery at the end of the day (to be certified by broker), the margins are secured by a bank guarantee from the investor in favour of the broker.
In exercise of the powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rule 13 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 136/99-Customs, dated the 29th December, 1999.
For the purposes of conversion of the amount of duty specified in column (2) of the Table above into Indian currency, the “rate of exchange” applicable shall be the rate notified by the Central Government under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in force on the date on which the bill of entry is presented under section 46 of the said Customs Act.
In exercise of the powers conferred by sub-clause (a) of Sub-section (3) of 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)
