No fresh certificate needs to be obtained under sub-regulation (1) where a sub-broker merely changes his affiliation from one stock broker to another stock broker, being a member of the same stock exchange.
Para I: (a)- Filing of returns (Central Excise and Service Tax) – As a transitional measure, the returns for the month of November, 2007 ( to be filed in December, 2007) will be filed with the erstwhile jurisdictional officers and the returns for the month of December, 2007, onwards shall be filed in the LTU.
A suitable Public Notice for information of the trade and Standing Order for guidance of the staff may be issued. Difficulties faced, if any, in implementation of this Circular may be brought to the notice of the Board.
A SION exists and an application under Para 4.7 is made for higher quantity of imported inputs (than the same fixed under SION), such requests can be entertained for SION revision only. That is, such applications cannot be considered under HBPv1 – 4.7 for adhoc norms, and AA in such cases must be issued only as per the then prevailing SION
Circular No. 8 of 2007-Income Tax Reference is invited to Circular No. 11/2006, dated 16-11-2006 whereby the rates of deduction of income-tax from the payment of income under the head “Salaries” under section 192 of the Income-tax Act, 1961, during the financial year 2006-07, were intimated. The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head
Removal of Structural Restrictions: Further, in order to afford issuers with desired flexibility in structuring of instruments to suit their requirements, it has been decided that structural restrictions currently placed on debt instruments such as those on maturity, put/call option on conversion, etc shall be removed.
I am directed to refer to Boards circular no. 736/52/2003-CX dated 11.08.2003 on the above subject. Vide this circular, the facility of self-sealing was extended to all categories of manufacturer-exporters. In this regard, references have been received from field formations that in spite of this facility being available to the exporters, a large number of exporters prefer stuffing and sealing of export containers in the presence of Central Excise officers.
The Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, the Principal Regulations were published in the Gazette of India on December 9, 1996 vide S.O. No. 856(E).
in sub-para (b) of para 2, for the words and figures the proper officer shall issue a certificate in Form C.T.-3 annexed to the notification as Annexure-VI in quadruplicate, the words and figures the proper officer shall issue a certificate in Form C.T.-3 annexed to the circular as Annexure-A in quadruplicate shall be substituted
It is clarified that para- 2 of the said circular stands amended to the extent that in case, credit taken on inputs used in the manufacture of the said goods cleared under notification No.14/2002-CE or notification No. 30/2004-CE, has been reversed before utilization, it would amount to credit not having been taken.
