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Circulars

SEBI : Delay in transfer of shares by companies

September 27, 2001 2758 Views 0 comment Print

Where the investor has complained about issuing of duplicate share certificate(s) by the company on the basis of allegedly forged/stolen documents furnished by a third party, the company shall verify and satisfy itself of the claim of the investor.

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

September 26, 2001 592 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 604 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 535 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 523 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 724 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 538 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 1003 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 598 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.

Exemption on Textile Imports for Export Production

September 18, 2001 1003 Views 0 comment Print

The DGFT clarifies exemptions for textiles imported for export production, allowing duty-free import of labels and printed bags for bona fide exporters.

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