Therefore, it is clarified that the term “Cellular Phone” in notification no. 21/2002 Cus(Sl. 313) dated 1.3.2002 covers only hand held mobile phones working on cellular technology. This notification does not cover either fixed wireless terminals or fixed wireless telephones working on cellular technology.
In view of the above, it is clarified that no customs duty or anti-dumping duty should be charged on the amount of Coke Breeze cleared from the factory. However, if the amount of coke breeze is more than 5%, the Assistant Commissioner/Deputy Commissioner concerned should enquire into it and take decision on merits.
Impact of Distribution Taxes: While advertising returns by assuming reinvestment of dividends, if distribution taxes are excluded while calculating the returns, this fact may also be disclosed.
An illustrative list of possible violations is enclosed for your reference. Exchanges shall be required to cover these areas in detail during their inspection of stock brokers. Exchanges are advised to note that their inspections shall not be limited necessarily to areas listed in the list but also cover any additional areas where the exchanges may deem fit.
You are advised to bring to the notice of all members that those members who have failed to comply with the 50% facility by March 31, 2003 and for whom collection of fees has not been stayed by any Court of law.
)communicate to SEBI, the status of the implementation of the provisions of this circular in Section II, item no. 13 of the Monthly Development Report for the month of June 2003.
Feedback has been received from the field formations that these entries are being misused by the unscrupulous exporters who are manipulating the description of the goods to derive undue higher benefits which are not intended by the Government. Therefore, in the interest of the revenue, it has been decided to delete these entries from the Duty Drawback Schedule, 2003-2004 with effect from 1st July, 2003. A notification no.42/2003-Customs (N.T.) has been issued. Thenceforth, the exporters can avail of the facility of brand rate of duty drawback in terms of rule 6 of the Customs and Central Excise Duties Drawback Rules, 1995.
Suitable public notices for information of the Trade and standing orders for guidance of the staff may kindly be issued accordingly.
The international certification scheme for rough diamonds entitled: “Kimberley Process Certification Scheme” was adopted in a Ministerial meeting held at Interlaken, Switzerland, on 5th November, 2002. India is a signatory to the Interlaken Declaration. The Scheme has been evolved to deal with the issue of conflict diamonds which are basically rough diamonds whose trade is prohibited by the United Nations Security Council because, the proceeds of that trade are used by rebel movements and their allies to finance conflicts aimed at undermining legitimate governments.
I am directed to refer to the subject mentioned above and to say that doubts have been raised regarding classification of Badian Khatal (fruit) or star aniseeds. It has been stated that some importers are claming classification of Badian Khatal fruit under CTH 1211.90 on the plea that it is specifically mentioned in the list of crude drugs given at the end of Chapter 12 of ITC(HS) classification of import/export commodities brought out by the DGFT.
