Based on the recommendations of the Committee on Rolling Settlement, it has been decided that trading would be compulsory in Rolling Settlement by all the investors in 34 scrips.
DGFT clarifies that in addition to listed items, normal trade of all commodities is permitted at the Indo-Myanmar border, subject to applicable customs duties.
Attention is invited to the Ministry’s Circular No. 83/95-Customs (F. No. 602/2/95-DBK) dated the 20th July, 1995, whereunder powers were delegated to Customs Appraisers to sanction drawback upto Rupees one lakh in each case (subject to certain percentage checks by Assistant Commissioners) in Major Customs Houses in Mumbai, Calcutta, Chennai and Delhi and upto Rs. 30,000/- in
It is directed to refer to the subject mentioned above and to say that doubts have been raised regarding classification and levy of duty on “Vanila Extract” due to an anomaly in the description of sub-heading 1302.13 in the Customs Tariff published by the Directorate of Publications vvis-à-visthat published by the private publishers. It has been stated that in the Customs Tariff published
Attention is invited to this Ministry’s guidelines on the above subject circulated under Circular No. 74/1997-Customs (F.No. 609/443/97-DBK) dated the 30th December, 1997
It is directed to refer to the subject mentioned above and to say that doubts have been expressed in regard to the scope of the term “vegetable oils (Other than coconut oil, RBD Palm Oil, RBD Palm kernel oil and Palm stearin) of edible grade, in loose or bulk form” used in notification No.20/99-Cus., dated 28.2.99. This notification, inter alia, prescribes (at Sl.No.11) a concessional Basic Customs
It has been reported to the Board that exemption from 10% CVD under zero duty EPCG Scheme in terms of customs notification number 29/97-Cus. Dated 1.4.97 has been extended by some Custom Houses even to machines like knitting/dyeing/compacting etc. i.e. machines which are used in the manufacture/processing of fabrics and not garments
Similar action should be taken against other companies, included in the aforementioned list, which do not sign/execute necessary documents with both the depositories and establish connectivity on time, as a result of which the schedules as per the aforementioned circular are not adhered to.
Chairman of the Board A non-executive Chairman should be entitled to maintain a Chairman’s office at the company’s expense and also allowed reimbursement of expenses incurred in performance of his duties.
The provision of TBRE was obolished in 1994 and the Baggage Rules were liberalized to facilitate the clearance of baggage of visiting tourists. In terms of Rule 7 of the Baggage Rules, 1998 read with Appendix E, tourists are allowed to bring their personal effects and travel souvenirs subject to certain conditions. For the sake of uniformity in defining personal effects, the Board had issued a circular
