Consequently the last sentence thereof, namely , “Therefore in all such cases where exports of “MS Galvanized Sheets/Strips” have been cleared for DEPB benefit under the entry at Sl.No. 91 or the DEPB benefit has been granted against the entry at Sl.No. 91 consequent remedial action should be initiated immediately, shall be deleted.
The Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, the Principal Regulations were published in the Gazette of India on December 9, 1996 vide S.O. No. 856(E).
Export formalities like filing of Shipping Bill and its assessment, etc., will be done by the Office of CC (Preventive), West Bengal, Kolkata, on the basis of the said ARE-I Form duly signed by the Customs Officers at the point of loading.
The undersigned has been authorised to direct the stock exchanges to make necessary amendments to the bye-laws, rules and regulations for the implementation of the above decision immediately.
The charitable nature of the organization, the fact of it’s rendering services on “free / no loss no profit” basis, and it’s having been in existence for not less than three years has been duly verified and found to be correct. It is further certified that the organization enjoys a good reputation.
Circular No. 722/38/2003-CX It may be recalled, that power loom weavers who avail exemption under notification No. 35/2003-CE, dated 30th April, 2003, as amended by notification No. 47/2003-CE, dated 17th May, 2003 are allowed to pass on the credit available on their inputs, i.e. yarns by endorsing the duty paying document, in favour of the buyer (please refer to notification No. 25/2003-CE(NT) dated 25th March, 2003). However, the facility is available to such weaver only in cases when the input documents are endorsed in full
Circular No. 721/37/2003-CX I am directed to refer to Board’s Circular No.470/36/99-CX dated 19.7.99 on the above subject whereby the field formations were informed that the Department’s appeal against the CEGAT order in case of M/s. West Coast Industrial Gases Ltd. Vs. Commissioner of Central Excise has been admitted by the Supreme Court. Accordingly, they were asked to take necessary action to safeguard revenue interest.
It shall be the responsibility of the jurisdictional Superintendent of Central Excise that while issuing Certificate about export performance in terms of Para 3.1(c) or about the fact of payment of central excise duty for the purpose of para 3.1(d), he satisfies himself about the genuineness of the declaration being given by the license holder.
It may be noted that the new sections incorporated in the Finance Act, 1989 contain provisions relating to imprisonment and fine for failure to pay inland air travel tax to credit of the Central Government. The new provisions enable the Central Government to take action against the defaulting airlines, which fail to deposit the Inland Air Travel Tax to the account of Central Government in spite of having collected the same from the passengers.
The undersigned has been authorized to direct the exchanges to make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision immediately.
