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Circulars

SEBI : (Central Database of Market Participants) Regulations, 2003

January 1, 2004 304 Views 0 comment Print

This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interest of investors in securities and to promote the development of, and to regulate the securities market.

SEBI : SEBI (Central Database of Market Participants) Regulations, 2003

January 1, 2004 271 Views 0 comment Print

The SEBI (Central Database of Market Participants) Regulations, 2003 were notified on November 20, 2003. Pursuant to clause (g-) of sub regulation (1) of Regulation 2 of the Regulations, SEBI has appointed the National Securities Depositories Limited (NSDL), as the designated service provider for the purposes of the said regulations.

Circular No. 112/2003-Custom Duty, dated; 31.12.2003

December 31, 2003 661 Views 0 comment Print

The Board has accepted the recommendation of the Conference that the provisions of the notification should be read with the provisions of the Indo-Nepal treaty. It is accordingly clarified that in the case of imports from Nepal under claim of Notification 6/2002-C.E., Sl. No. 181, benefit can be extended on the basis of a declaration by the manufacturing company in Nepal. In case, on verification undertaken.

Simplified Exit Scheme

December 31, 2003 406 Views 0 comment Print

The Department received a number of representations for extension of the scheme which have been considered. It has been decided to extend the scheme by a further period of three months with effect from 1.1.2004.

SEBI : T+2 rolling settlement-Cash Market-Risk Management

December 30, 2003 406 Views 0 comment Print

This is in continuation of our circular no. SMD/Policy/Cir-9/2003 dated March 11, 2003, on “Risk Management for T+2 rolling settlement.” In partial modification of the aforesaid circular,

Certification of nexus under EPCG Scheme

December 29, 2003 2611 Views 0 comment Print

Attention is invited to Policy Circular No.20(RE-2003)/2002-07 dated 14th November,2003 whereby the guidelines/procedure with regard to certification of nexus under EPCG Scheme were circulated. In Para 3(iv) of the said Circular, the date and year of D.O. letter was erroneously indicated as 17.7.2003. The same is rectified to read as 17.7.2002.

Circular No. 10/2003-Income Tax Dated 24-12-2003

December 24, 2003 328 Views 0 comment Print

Circular No. 10 of 2003-Income Tax The existing provisions of rule 7B of the Income-tax Rules, 1962 inserted by the Income-tax (Second Amendment) Rules, 2001, w.e.f. 1-4-2002 and further amended by the IT (Third Amendment) Rules, 2002 w.e.f. 1-4-2003, provide that income derived from the sale of coffee

Exemption for defibrillators of external use under CN. 21/2002 (Sl. No. 363A)

December 23, 2003 283 Views 0 comment Print

Defibrillators generally correct arrhythmia (irregular heart rate) and in specific terms “tachy arrhythmia” (fast heart rate). External defibrillators are used in more critical and emergency situations while internal defibrillators are used when the patient is already prepared for surgery. The issue to be decided was whether the external defibrillators when imported with internal paddles for internal use can be considered for exemption at par with defibrillators for internal use.

Filing of Import Manifest before arrival of the vessel or aircraft-reg

December 22, 2003 1477 Views 0 comment Print

As regards the delivery of vessels stores list and list of private property in possession of the Master, officer, crew, the same should contain the quantity of store on board at the time of departure from the last port of call and estimated quantity likely to be consumed till the grant of entry inward.

SEBI : Secondary Market for Corporate Debt Securities-Clarifications

December 22, 2003 484 Views 0 comment Print

• bring the provisions of this circular to the notice of the listed companies/member brokers/clearing members of the Exchange and also to disseminate the same on the website for easy access to the investors.

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