The matter has been examined by the Board. It has been decided to discontinue the practice of renewal of permission for factory stuffing every six months. The permission for factory stuffing shall be granted on one time basis and exporters shall not be required to come to Customs every six months for renewal of the same. However, in case something adverse is noticed against the exporter, the Customs may withdraw the permission.
I am directed to invite your kind attention to Board’s Circular Nos. 17/98-Cus, dated 16-3-98 and 84/2000-Cus, dated 6-10-2000 allowing authorised employees of EOUs and EPZ/STP/EHTP units engaged in development of software to take Laptop Computers and Video Projection System
These instructions are issued under regulation 20 of SEBI (Foreign Institutional Investors) Regulations, 1995 and shall come in force with effect from the month of October 2001.
It has came to the notice of SEBI that some FIIs are issuing derivative/financial instruments against underlying Indian securities
These instructions are issued under regulation 20 of SEBI (Foreign Institutional Investors) Regulations, 1995 and shall come in force with effect from the month of October 2001.
The Customs shall also develop a data base regarding importers and import sources and products which are found to consistently fail the tests and give some feedback on the nature of the shortcomings noted to the DGHS to serve as input for policy formulation.
The issue has been re-examined in the Board and it is felt that DGFT’s said Policy Circular to treat made-ups made out of yarn dyed fabrics as processed items is correct.
Similar goods manufactured by a local manufacturer were also inspected. The goods are described as magnetic health sleeping pad / mattress, magnetic health cervical Pillow, magnetic health back rest / seat / cushion / calf rest, etc. A perusal of the technical literature / catalogue indicated the following.
It has come to the notice of SEBI that certain brokers and sub-brokers are advertising their business in prohibition of Clause C(4) and C(5) of the Code of Conduct specified in Schedule II of Regulation 7 and Clause C(5) and C(6) of the Code of Conduct specified in Schedule II of Regulation 15 of SEBI.
The Board has accepted the opinion of WCO and MIT. Custom Houses are, therefore, requested to take note of the same and finalise the assessments classifying such goods under CTH 8471.70. Difficulties faced, if any, in the implementation of above instructions, may be brought to the notice of the Board immediately.
