It is directed to refer to CBEC circular No. 62/98-Cus dated 28.8.1998 issued from F. No. 502/108/96-Cus.VI regarding classification on provisions of the amended CHALR, 1984 and to say that Director General Shipping Mumbai, has clarified that the certificate of Competency (Deck Officer) Class 1 (Master Mariner) Registered at the Office of the Register General of Shipping and
Representations have been received from Trade and Industry as also the Ministry of Commerce about the need to align the provisions of the Customs and Central Excise notifications governing import/procurement by EOUs and units in EPZ/STP/EHTP with those of the Exim Policy, 1997-2002 and to provide for procedural simplification in relation to EOU/EPZ/STP/EHTP schemes
Please refer to our earlier circulars on the subject advising inter alia the list of scrips for compulsory trading in dematerialized securities by all investors and the institutional investors viz., banks, mutual funds, domestic financial institutions, foreign institutional investors and overseas corporate bodies (OCBs).
The merchant bankers are advised to follow the above procedure explained above in respect of the draft offer document, for the final offer document as well. The sticker mentiones at clause (5) above shall contain following additional information
Circular No 514/10/2000-CX It is a directed to say that certain views have been expressed by various Commissionerates regarding implementation of the Excise Audit-2000 (EA-2000). The initial guidelines are contained in Board’s Circular No. 491/57/99-CX.6 dated 28th of October, 1999.
Representations have been received from Trade and Industry as also the Ministry of Commerce about the problems being faced by the Gem & Jewellery units in EOU/EPZ schemes in regard to the clearance of used capital goods and used packing materials into DTA. Other problems brought to the notice of the Ministry relate to temporary removal of parts and tools of machinery for repair and
F.No. 275/212/99-CX.8A You are aware that in terms of the provisions of Section 32E of the Central Excise Act and Section 127B of the Customs Act, an applicant who wants to settle his case before the Settlement Commission, is required to file an application before the Settlement Commission.
Circular No 513/9/2000-CX It is directed to say that the Annual Budget of the Central Government for the Financial Year 2000-2001 is likely to be presented to Parliament on the 29th February, 2000. The exact time of presentation of Budget is yet to be decided by the Government. The present time specified in rule 100G and rule 224 of the Central Excise Rules, 1944 is 11.00 A.M. If there is change in time, the rule will be amended and time will be notified. In the meanwhile,
Circular No. 787-Income Tax The Board had in the recent past, occasion to examine taxation issues concerning national and international events or shows for entertainment, sports, etc. Such shows are often characterised by substantial incomes being earned by organisers, sponsors, players, athletes and artists during very short periods of time.
Circular No 512/8/2000-CX Some doubts have been expressed whether parts falling under Chapters other than 86 of goods falling under heading 86.01 to 86.06 when within the factory in the manufacture of goods falling under heading 86.01 to 86.01 will be eligible for the exemption under Notification No.5/99-CE dated 28.2.99 (SL.No.266)
