1. Eligibility for warehousingThe facility of warehousing goods shall be extended to such user industry who have a valid Letter of Permission/Letter of Intent issued by the Development Commissioner to establish a 100% EOU, and who have been granted license under Section 58 of the Customs Act, 1962 and sanction under Section 65 of the Customs Act, 1962 for the purposes specified in clauses (a) to (e) to the notification.
It has also been decided to bring more clarity to the provisions pertaining to eligibility of shares for promoters’ contribution and incorporate the new addresses of SEBI offices at relevant places in the Guidelines.
In compliance of Hon’ble High Court of Delhi order dated 15th February 2007 allowing the Official Liquidator to invite Bio-datas from the desirous qualified Chartered Accountant’s for their empanelment, the names of such desirous qualified Chartered Accountants are invited,
I am directed to refer to Board’s Circular No. 581/18/2001-CX dated 29th June, 2001 which interalia, specifies conditions, procedures, class of exporters and places under sub-rule (2) of rule 20 of Central Excise Rules, 2002 for warehousing of excisable goods for the purpose of export. In paragraph 2(2) of the said Circular, the Board has specified places where warehouses may be established.
communicate to SEBI, the status of the implementation of the provisions of this circular in the Monthly Development Report.
Circular No. 1 of 2007-Income Tax The Taxation Laws (Amendment) Act, 2006 (hereafter referred to as the Act) as passed by the Parliament, received the assent of the President on the 13th July, 2006 and has been enacted as Act No. 29 of 2006. This circular explains the nature and effect of the amendments with reference to provisions existing before these amendments to the Income-tax Act, 1961
Provided that, the company on receipt of written request from a shareholder, shall send the complete and full Balance Sheet, Profit & Loss Account and Auditors’ Report to the said shareholder.
A number of representations/ references have been received from trade seeking waiver of the requirement of Bank Guarantee against the imported goods to be warehoused in the Public or Private Bonded Warehouse on various grounds.
This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 77 of SEBI (Mutual Funds) Regulations.
The consent order shall be published through a press release and put on SEBI’s website. In cases where a Party undertakes compliances as per agreed schedule, the concerned department in SEBI shall monitor the same.
