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Circulars

Circular No. 462/28/99-CX Dated 21/6/1999

June 21, 1999 484 Views 0 comment Print

Circular No. 462/28/99-CX I am directed to say that a doubt has arisen whether the rebate of central excise duty paid processed textiles fabrics notified under section 3A of the Central Excise Act, 1944 for the period 16.12.98 (the day processed fabrics were covered were covered under this levy based on capacity of production) and 15.2.99 (the preceding day to the date when notifications providing method of computation of rebate were issued) can be granted in respect of the goods removed from the factory of independent manufacturers and exported

Specific rates of duty on Polymers

June 18, 1999 403 Views 0 comment Print

It has been brought to the notice of the Board that in respect of several item of imports wide variation between the declared import values and normal prices or prices indicated in accredited journals which publish traded prices for various commodities is being observed. In particular, commodities prone to such under-declaration of value are stated to be polymers such as LDPE, HDPE, PP,

Policy Guidelines for Consideration of requests for ad-hoc Exemption under Section 25(2).

June 18, 1999 406 Views 0 comment Print

In supersession of the Office Memorandum dated 8th October, 1996 , the Hon”ble FM has approved the following guidelines for consideration of request for exemption from Customs duty under section 25(2) of the Customs Act, 1962, as amended by the Finance Act, 1999

SEBI : All Bankers to Issues

June 17, 1999 265 Views 0 comment Print

issued to the Banks registered with the Board as Bankers to an Issue in the matter of maintaining principal account with other Bank for their own issues and also for payment of Refund Warrants, Dividend Warrants etc.

SEBI : Bank Guarantees from Scheduled Co-operative Banks

June 17, 1999 316 Views 0 comment Print

The above-referred circulars provided for the conditions to be fulfilled for the acceptance of bank guarantees towards the base minimum and the incremental capital requirements of the brokers. In this respect, it was inter-alia mentioned that the bank guarantees should be from a specified

SEBI : All Bankers to an Issues

June 17, 1999 277 Views 0 comment Print

Please refer to our BTI Circular No.1 (98-99) dated June 17, 1998 issued to the Banks registered with the Board as Bankers to an Issue in the matter of maintaining principal account with other Bank for their own issues and also for payment of Refund Warrants,

SEBI : All Bankers to Issues

June 17, 1999 178 Views 0 comment Print

Board has received several representations over a period of time from various Banks and also from Indian Banks’ Association and Private Sector Banks’ Association.

SEBI : Bank Guarantees from Scheduled Co-operative Banks

June 17, 1999 454 Views 0 comment Print

circulars provided for the conditions to be fulfilled for the acceptance of bank guarantees towards the base minimum and the incremental capital requirements of the brokers. In this respect, it was inter-alia mentioned that the bank guarantees should be from a specified scheduled commercial banks.

SEBI : BTI Circular No. 2 (1999-2000)

June 17, 1999 280 Views 0 comment Print

Board has received several representations over a period of time from various Banks and also from Indian Banks’ Association and Private Sector Banks’ Association. The matter was referred to Reserve Bank of India and they also recommended that Banks may be exempted from the requirements prescribed under the aforesaid Circular.

SEBI : Abolition of Standard Denomination for Equity Shares

June 14, 1999 268 Views 0 comment Print

The companies desirous to avail of this facility would be required to adhere to disclosure and accounting norms as may be specified from time to time.

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