However, the said certification shall not be applicable to Fixed Maturity Plans and close-end schemes but shall be applicable to close-end schemes with a feature of conversion into open-ended on maturity.
Representations have been received in this office regarding non–implementation of the validity period as provided in the above Para 3.12.3 of HBP Vol I. In this regard, it is directed that Export Promotion Councils including Commodity Boards functioning as Export Promotion Councils shall implement the provision of Para 3.12.3 of HBP, which provides 5-year validity of RCMC.
The portfolio managers’ decision ( taken in good faith ) in deployment of the Clients’ account is absolute and final and cannot be called in question or be open to review at any time during the currency
The portfolio managers’ decision in deployment of the Clients’ account is absolute and final and can never be called in question or be open to review at any time during the currency of the agreement or any time thereafter.
Circular No. 6/2006-Income Tax As per the provisions of section 203 of the Income-tax Act, read with rule 31 of Income-tax Rules, every person deducting tax in accordance with the provisions of the Act shall, within a period of one month from the end of the month during which the tax was deducted
With immediate effect, all the exporters and importers of Schedule 2 and 3 Chemicals of Chemical Weapons Convention are hereby advised to ensure that correct description of the Chemicals as well as their 8 digit HS Codes against them (as notified against Category 1A and 1B under Appendix-3 to Schedule 2 of ITC(HS) Classifications of Export and Import Items, 2004-2009, Notification No.15 dated 15.7.2005 refers) is indicated in their respective Shipping documents.
We are enclosing a copy of the gazette notification no. S.O. 783(E) dated May 22, 2006 pertaining to SEBI (Mutual Funds) (Second Amendment) Regulations 2006 for your information and implementation.
Attention is invited to Notification No. 4(RE-2006)/2004-09 dated 4.5.2006 by which Condition No 18 of Chapter 1A of the ITC(HS) Classification of Export and import items, 2004-09 as notified vide Notification No.2(RE-2006)/2004-09 dated 7.4.2006 was kept in abeyance. It is hereby clarified that in case of imports where Bill of Lading is 6th July.
directed to forward herewith a copy of the. Companies (Amendment) Act, 2006 (Act No 23 of 2006) notified in Gazette of India Extraordinary, Part-II Section-1 for you information and necessary action.
In order to address the above difficulty being faced at present by exporters, it has been decided that exporters making an application to authorized Agencies for issue of Certificate of Origin (NP), may leave Column No. 2 of the Certificate blank and this column may be filled up after the same is certified and signed by the authorized Agency competent to issue such a Certificate.
