I am directed to refer to Board”s Circular No.53/99-Cus., dated 24.8.1999 as amended by Circular No.70/2000-Cus., dated 30.8.2000 on the above mentioned subject. The said circular was issued to enforce the licensing requirements of the sections 406/407 of the Marine Shipping Act, 1958 for foreign flag vessels which call at Indian Ports
The Indian Sugar and General Industry Export Import Corporation Ltd., (ISGIEIC Ltd.), now known as Indian Sugar Exim Corporation Ltd., shall be sole agency authorized to export white sugar to EEC against the preferential Quota as indicated above.
Amendment in Schedule XV to the Companies Act, 1956
The matter has been examined. Chapter Note 3 to Chapter 12 states that goods classifiable under heading 12.09 as vegetable seed, will be considered as for sowing only. However, sub-note 3 (b) to Chapter 12 states that seeds of spices even if imported for sowing will be classified
Circular No. 589/26//2001-CX It has been brought to the notice of the Board that demands raised by some Commissionarates on revision, of ex-factory prices of levy sugar for 1974-75 to 1979-80 sugar seasons, by Ministry of Food in view of Supreme Court Judgement in the case of Malaprabha Cooperative Sugar Factory Limited Vs. Union of India, have been set aside by CEGAT vide Order No. C-I/2368-2371/99WZB dated 12.9.99 in the case of M/s Bhagwati S.S.K Limited Vs. CCE, Pune.
mutual funds shall also disclose the portfolios on their web sites in the prescribed format before the expiry of one month from the close of each half-year.
Circular No.588/25/2001-CX Queries have been raised from field formations about the exact scope and amplitude of these changes. The matter has been examined in consultation with Additional Solicitor General. A copy of the opinion of ASG dt.20.4.2001 is enclosed. The Board has accepted the opinion given by the Learned Additional Solicitor General. You are requested to take follow up action in accordance with the advice of the ASG.
The matter has been examined further, and as a measure of trade facilitation, it has been decided to introduce two shifts of working on week days and one shift (10A.M. to 5.00 P.M.) on holidays at the Air Cargo Complexes at Mumbai, Calcutta, Chennai, Bangalore, Hyderabad, Delhi and Goa.
In this regard, and in continuation to policy circular no. 3(RE-2001)/1997-2002 dated 07.06.2001 and policy circular no. 5(RE-2001)/1997-2002 dated 20.07.2001, it is hereby further clarified that the condition on import of textile and textile articles as per the aforementioned notification, shall not be applicable on imports made under provisions at paragraph 5.40 of Handbook of Procedures, Vol.I, 1997-2002 (incorporating amendments made upto 31.03.2001) and on imports made as per conditions at Sl. No. 130 of Notification no. 17/2001-customs dated 01.03.2001.
directly or indirectly, by himself, or in combination with other persons, exercises control over the stock broker,whether individual, body corporate or firm or holds substantial share of not less than 15% in the capital of such entities,