Supplies made by an Indian sub-contractor of an Indian or foreign main contractor, shall also be eligible for deemed export benefits provided the name of the sub-contractor is indicated either originally or subsequently in the contract, and payment certificate is issued by the Project Authority in the name of the sub-contractor in the form given in Appendix 14-B.
Companies should co-operate with the Credit Rating Agencies in giving correct and adequate information for periodical review of the securities during lifetime of the rated securities.
Associate Shippers may undertake exports directly or may register qualified exporters to whom permits may be granted for undertaking exports. Associate Shippers will be allocated export quota based on their past export performance. A quota of 5000 MTs of Niger seed should be allocated to The Karnataka State Agricultural Produce Processing and Export Corporation Ltd (KAPPEC Ltd).
Notification No.S. O. 2065 – Income Tax It is notified for general information that enterprise, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002
Notification No. 10999/1999 – Income Tax It is notified for general information that enterprise, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961 read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000 and 2000-2001 and 2001-2002
Finance Minister, Mr Yashwant Sinha while delivering the Budget Speech for the year 1999-2000 has made an announcement to encourage the Indian Stock Exchanges to open their terminals abroad.
F.No. 354/08/98-TRU Notification No. 32/99 exempts all excisable goods that are manufactured in the two types of industrial units mentioned in para 3 of the notification. These units are either new units which have commenced their commercial production on or after 24.12.97, of these are industrial units which have undertaken substantial by way of increase in installed capacity by not less than 25%. The increase in capacity should have been effective on or after 24.12.97.
Public Notice No. 23 (RE-99) amends the Export-Import Policy, adding new entries for engineering, plastic, and textile products in the Handbook of Procedures.
Banks are once again advised to forward the annual statement of their activities undertaken as Bankers to Issues in accordance with the aforesaid circular and ensure that all the required information are furnished in the specified format and quarterly as well as annual reports pertaining to their activities as Bankers to issues are submitted on time.
Banks are once again advised to forward the annual statement of their activities undertaken as Bankers to Issues in accordance with the aforesaid circular and ensure that all the required information are furnished in the specified format and quarterly as well as annual reports pertaining to their activities as Bankers to issues are submitted on time.
