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Circulars

Operation of foreign flag vessels along Indian coast without a valid licence issued under M.S. Act, 1958 – reg

September 26, 2001 385 Views 0 comment Print

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

Placement of quantity of 10,000 MTs. of white sugar under preferential quota to EEC

September 26, 2001 409 Views 0 comment Print

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.

General Circular No. 18/2001, dated 25/09/2001

September 25, 2001 409 Views 0 comment Print

Amendment in Schedule XV to the Companies Act, 1956

Classification of pepper seeds imported for sowing purposes.-Reg

September 25, 2001 376 Views 0 comment Print

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-Central Excise Dated 25/9/2001

September 25, 2001 574 Views 0 comment Print

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.

SEBI : Certification Programed and Disclosure Standards

September 25, 2001 307 Views 0 comment Print

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-Central Excise Dated 19/9/2001

September 19, 2001 772 Views 0 comment Print

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.

Simplified procedure for clearance and examination of export & import cargo – extension of working hours – reg.

September 18, 2001 373 Views 0 comment Print

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.

Condition on import of textile and textile articles as per paragraph 11 of Notification no.3 (RE-2001)/ 1997-2002 dt. 31st March, 2001

September 18, 2001 604 Views 0 comment Print

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.

SEBI : Associates in relation to a stock broker

September 17, 2001 1996 Views 0 comment Print

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,

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