You should send a communication to SEBI requesting for issue of “No Due Certificate” and cancellation of certificate of registration of the broker, with a confirmation that as on the date of communication,
While the above risk management measures is expected to contain risk in the system, however, the efficacy of the same would be dependent on monitoring, surveillance and timely collection of margin by the stock exchanges.
The Central Board of Excise and Customs is getting ready to facilitate electronic filing of ST-3 returns of Service Tax from the month of April, 2003. Initially, this facility will be extended to only select class or group of service tax providers.
I am directed to refer to the subject mentioned above and to say that it has been brought to notice of the Board that, in some cases, Commissioners are insisting on submission of distribution certificates in respect of commodities imported duty free under notification No. 148/94-Cus., Sl. 8. (under a Bilateral Agreement).
Circular No. 3-Income Tax The matter regarding grant of exemption from deduction of income-tax at source under sections 193, 194A and 194K of the Income-tax Act on the payment of incomes to World Renewal Spiritual Trust, Mumbai whose income is exempt for assessment years 2002-03 to 2004-05 under section 10(23C)( vi) of the Income-tax Act, 1961, has been examined by the Board.
As you are aware, Eighth Schedule to SEBI (Mutual Funds Regulations), 1996 lays down the parameters for valuation of securities. Further, vide circulars dated September 18, 2000, March 28, 2001 and February 20, 2002, SEBI has prescribed detailed guidelines for valuation of securities.
The matter has been considered in consultation with Department of Chemicals and Petrochemicals and keeping in view the molecular structure of the above mentioned drug it has been decided that the Mefloquine Hcl is classifiable under ITS HS Code No.29333990 and is freely importable as per the policy indicated against the entry.
Attested photocopies of the Drawback Shipping Bills/Export Promotion Copies, Bills of Lading. In case, more than one item has been exported under a Shipping Bill, f.o.b. value must be shown separately for each export item.
Depositories are also required to put up systems to facilitate settlement of transactions by the Clearing House / Clearing Corporation arising out of securities lending and borrowing to meet shortages of pay-in obligations.
The Custodians shall issue instructions in the physical form upto 4 p.m. and in electronic form upto 6 p.m. on T+1 to the DPs for pay-in of securities.
