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Circular No. 439/5/99-Central Excise, Dated: 08.02.1999

February 8, 1999 904 Views 0 comment Print

Circular No. 439/5/99-CX I am directed to say that it has come to the notice of the Board that doubt still persists in the classification of the “soft drink concentrate”. However, it is felt that after the introduction of a specific entry at sub-heading 2108.10 as preparation of lemonades or other beverages intended for use in the manufacture of aerated Water”, there should not be any doubt as regard to classification of these products.

Circular No. 438/4/99-Central Excise, Dated: 05.02.1999

February 5, 1999 496 Views 0 comment Print

Circular No. 438/4/99-CX The Central Board of Excise and Customs had issued instructions on the above subject vide Circular No. 80/88/94-CX.8 dated 21.11.94. Para 4.2 of the said circular provides that Chief Account Officer (CAO) shall complete checking of credit entries in PLAs from the original treasury documents (Original copy of TR-6) received from the PAO within 15 days from the receipt of said documents from the Range Officer.

SEBI : Trading and settlement of trades in dematerialised securities

February 4, 1999 505 Views 0 comment Print

It has now been decided to add four more scrips namely; Zee Telefilms, Satyam Computers, Pentafour Software and LIC Housing Finance to the list of scrips.

Availment of Drawback simultaneously with DEPB- Further Clarification

February 3, 1999 862 Views 0 comment Print

It has been referred by certain Commissioners of Central Excise that certain exporters desire to avail of drawback simultaneously with DEPB Scheme

Condition governing import of onions and Soyabean in split and cracked form

January 27, 1999 466 Views 0 comment Print

In this connection, it is hereby clarified that import of all plant materials, including Onions and Soyabean in split and cracked form, are subject to quarantine restrictions in accordance with Plants, Fruits and Seeds (Regulation of Import into India) Order,1989 issued under Destructive Insects and Pests Act,1914, notwithstanding the fact that the condition of “quarantine restriction” in respect of import of Onions and Soyabean in split and cracked form, has not been specifically mentioned in Notification No. 25(RE-98)/97-02 dated 15.10.98.

Appointment of offiicers of Directorate of Valuation as officers of Customs

January 25, 1999 718 Views 0 comment Print

section 75- A of Customs Act, 1962 has been amended vide the Customs (Amendment), Act 1998 (No. 8 of 1999) dated 8th January, 1999. The Act received the assent of the President on 8th January, 1999. The amendment Act has reduced the period of three months provided in Section 75-A (1) and (2) of the Customs Act, 1962 to two months, within which period the drawback shall be paid

Advance licence issued for Import of Vitamin Mixes on Export of Frozen Headon/Headless Shrimps

January 21, 1999 592 Views 0 comment Print

F.No.01/80/40/1541/AM97/DES-IV/ GOVERNMENT OF INDIA MINISTRY OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE UDYOG BHAVAN; NEW DELHI SALC CIRCULAR NO. 5/98-99 Date: 21.01.1999 To, (i) All Customs Authorities (ii) All Licensing Authorities Subject: Advance licence issued for Import of Vitamin Mixes on Export of Frozen Headon/Headless Shrimps Sir, All the licensing authorities are aware that prior […]

Circular No. 437/03/99-Central Excise, Dated: 20.01.1999

January 20, 1999 523 Views 0 comment Print

Circular No. 437/03/99-CX With the introduction of Selective Audit, it is imperative to provide professional edge and necessary expertise to the Internal Audit System of the Commissionerates to ensure a systematic, scientific and in-depth auditing. The new Audit Manual, the New Audit System and the concept of “Audit Protocol” are at advanced stages of formulation/ development for being incorporated in the functioning of Central Excise Department.

Drawback-Period of payment reduced from 3 to 2 months – interest on delayed payment

January 18, 1999 520 Views 0 comment Print

section 75- A of Customs Act, 1962 has been amended vide the Customs (Amendment), Act 1998 (No. 8 of 1999) dated 8th January, 1999. The Act received the assent of the President on 8th January, 1999. The amendment Act has reduced the period of three months provided in Section 75-A (1) and (2) of the Customs Act, 1962 to two months, within which period the drawback shall be paid

SEBI all Registered Registrars to an issue/Share Transfer Agents

January 18, 1999 1501 Views 0 comment Print

In terms of sub Clause (iii) of Clauses (a) & (b) of Regulations 14 (1) of the SEBI (Registrars to an Issue and Share Transfer Agents) Regulation, 1993, every RTI/STA whether a body corporate or not, is required to keep and maintain, in respect of the three preceeding financial years.

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