Circular No. 247/81/96-CX I am directed to say that doubts have been expressed as to whether the process of tinting of duty paid base white paid base white paint with duty paid stainer to obtain paint of different shades amounts to different shades amounts to manufacture within the meaning of Section 2(f) of the Central Excise Act, 1944.
Custodians shall adopt the Uniform Good/Bad Delivery Norms, including norms for rectification of bad deliveries through Bad Delivery Cell, framed by SEBI and circulated to all the stock exchanges, as amended from time to time.
The no delivery period observed by custodians should be in accordance with the norms specified by the relevant exchange.
Circular No. 246/80/96-CX I am directed to refer to erstwhile notification No. 75/94-CE dated 1.3.1984. Gases falling under Chapter 27, 28 or 29 produced in a factory and allowed to escape in the atmosphere by flare system or otherwise were exempt from excise duty vide S.No. 14 of the notification.
Attention is invited to Ministry’s telex dated 16th August, 1996 issued from F.No. 605/261/96-DBK whereby it was clarified that credit under the Pass Book Scheme in terms of Notification No. 104/95- Customs as amended by notification No. 155/95-Customs shall be
I am directed to refer to Board’s F.No. 450/30/94- Cus. IV dated 3rd June 1994 by which transhipment of import cargo from International Air ports such as Bombay to domestic customs airports by Air Taxi Operators was allowed. The transport of export cargo from Inland airports to Gateway international airports is presently being handled by Indian Airlines. It has now been decided that, in
directed to call for the details of Governing Board/Council meetings attended by the existing/old Public Representatives Director on your Exchange. You are requested to send us the information in the following format.
Circular No. 245/79/96-CX Issue is drawn ot Para 3 of ALC Circular No. 4/96 dated 14.5.96 and Policy Circular No. 10/96 dated 1.8.96 issued by the Directorate General of Foreign Trade. It is provided, inter alia, that if against export of any resultant product more than one input has been allowed in the alternate under the standard input-output norms (for example Bars/ Billets), the credit may be given on the input actually used
Circular No. 244/78/96-CX The Public Accounts Committee in its Report (1994-95) 10th Lok Sabha has observed a huge pendency in the area of verification or refund claims, non verification of PLAs and non-reconciliation of receipts by Chief Accounts offices etc.
Circular No. 243/77/96-CX The proposals made in the budget have been modified in certain respects. Notification Nos. 26/96-CE, 27/96-CE, 29/96-CE (N.T.) to 31/96-CE (N.T.) all dated the 3rd September, 1996 have been issued in this regard. These notification come into force on 4.9.1996.