F.No.01/80/40/1541/AM97/DES-IV/ GOVERNMENT OF INDIA MINISTRY OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE UDYOG BHAVAN; NEW DELHI SALC CIRCULAR NO. 5/98-99 Date: 21.01.1999 To, (i) All Customs Authorities (ii) All Licensing Authorities Subject: Advance licence issued for Import of Vitamin Mixes on Export of Frozen Headon/Headless Shrimps Sir, All the licensing authorities are aware that prior […]
Circular No. 437/03/99-CX With the introduction of Selective Audit, it is imperative to provide professional edge and necessary expertise to the Internal Audit System of the Commissionerates to ensure a systematic, scientific and in-depth auditing. The new Audit Manual, the New Audit System and the concept of “Audit Protocol” are at advanced stages of formulation/ development for being incorporated in the functioning of Central Excise Department.
Notification No. 289 – Income Tax It is notified for general information that “Vijaya Home Loans Ltd., Bangalore”, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1998-99 to 2000-2001
section 75- A of Customs Act, 1962 has been amended vide the Customs (Amendment), Act 1998 (No. 8 of 1999) dated 8th January, 1999. The Act received the assent of the President on 8th January, 1999. The amendment Act has reduced the period of three months provided in Section 75-A (1) and (2) of the Customs Act, 1962 to two months, within which period the drawback shall be paid
In terms of sub Clause (iii) of Clauses (a) & (b) of Regulations 14 (1) of the SEBI (Registrars to an Issue and Share Transfer Agents) Regulation, 1993, every RTI/STA whether a body corporate or not, is required to keep and maintain, in respect of the three preceeding financial years.
In exercise of the powers conferred upon SEBI, under section 11 of the SEBI Act, 1992, as also in implementation of the provisions of the SEBI (Registrars to an Issue and Share Transfer Agents), Regulations, 1993, the present circular is hereby issued to all Registrars to an Issue/Share Transfer Agents.
Delivery and payment for all “hand delivery” trades (including Trade for Trade, Negotiated Trades, Cross Deals, Bulk Deals, etc.) must be completed within the time or on the date stipulated when entering into the deal which time shall not be more than 7 days following the date of the contract.
The gold/silver/platinum shall be released to the exporter of jewellery by the nominated agencies/RBI authorised banks in multiples of 10 gms. or in Ten Tola Bars in respect of gold. However, silver shall be released to the exporters in multiples of 1 kg only. Any balance of gold/silver/platinum shall be available to the exporters along with his future entitlement. The gold/silver shall be released by the nominated agencies in terms of 0.995/0.999 fineness and platinum in terms of 0.9999 fineness.
Circular No. 436/02/99-CX I am directed to say that in the context of Self Assessment and Selective Audit Systems which are currently being followed in the Central Excise . It is imperative to have substantially increased participation of the senior officers in the work of audit. Test audit is also being undertaken on the basis of the New Draft Audit Manual and Draft Audit Programme. In this regard, attention is drawn to Parts (4) (iii) of Part-I of the Central Excise Audit Manual
Circular No. 435/1/99-CX As directed by the Delhi High Court, the Board has reconsidered the Circular No. 335/71/97-CX. dated 18.11.97 in the light of the CEGAT judgement dated 13.2.98 in the case of Mahindra & Mahindra Ltd. v. CCE, Bombay [1998(103) ELT 606 (T)].
