This circular along with the annexure is available in SEBI website at www.sebi.gov.in. Full text of SEBI (DIP) guidelines 2000 including the amendments issued vide this circular is also available in SEBI’s web site under “Issues and Listing.”
It is observed from the information provided by the depositories that the companies as per Annexure ‘A’ have established connectivity with both the depositories on or before 30.06.2005 and still continue in TFTS.
Attention is invited to EXIM Code 8415 indicated in Schedule-I (Imports) of ITC (HS) Classifications of Export & Import Items, 2004-2009 vide which the item “Air Conditioner” is freely importable. However, in case of import of Air Conditioners filled with HCFC 22 (R-22) Gas, Customs have been raising objections and asking the exporters to produce import license.
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 interests of investors in securities and to promote the development of, and to regulate the securities market.
I am directed to invite your attention to the Board’s Circular No. 61/2004-Cus. dated 28th October 2004 on the above subject. Para 2 (ii) of the said circular exempted the importer of Boric acid for identified non-insecticidal use from the requirement of registrations under the insecticidal Act 1968 on the basis of a certificate of end use issued by the concerned Administrative Ministry/Department of the Government of India.
n case evidence as above is not available with the stock exchange, the stock exchange, while allowing the trade to be settled through Hand Delivery Bargain on a DVP basis will however impose both margin and penalties
.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 interests of investors in securities and to promote the development of, and to regulate the securities market.
.The Stock Exchanges are advised to make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision immediately.
I am directed to refer to Board’s Circular No. 17/2004-Cus., dated 20th February 2004 on the above subject, wherein it was communicated that appropriate classification of ‘CPU Cooler Fan with heat sink’ would be under Tariff item 8414 59 10.
Conveyances have been notified vide notification No. 31/86 dated 5.2.86 under Section 110 (1A) of the Customs Act but in many cases seized conveyance are not being disposed of for a long time pending completion of adjudication proceedings/court cases etc. leading to deterioration. Continued storage of such conveyances may also result in considerable expenditure on garaging facilities and maintenance charges. Accordingly, it must be ensured that prompt action is taken in terms of Sec. 110(1B) of the Customs Act 1962 to dispose of all seized vehicles.
