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Notifications/Circulars

Mini derivative (Futures & Options) contract on index (Sensex & Nifty)

November 20, 2012 582 Views 0 comment Print

SEBI vide Circular No. SEBI/DNPD/Cir-33/2007, dated December 27, 2007 had permitted Stock Exchanges to introduce mini derivative contract on Index (Sensex and Nifty) with a minimum contract size of INR 1 lakh.

Change in the territorial jurisdictions of Central Excise Zones in Karnataka

November 20, 2012 841 Views 0 comment Print

The principal notification number 14/2002-Central Excise (N.T.),dated the 8th March, 2002 was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), vide number G.S.R.182 (E), dated the 8th March, 2002, and the same was subsequently amended vide notification number 22/2002-Central Excise (N.T.).

Computerisation programme for improving management of information about cases handled by CESTAT

November 19, 2012 840 Views 0 comment Print

Computerisation programme for improving management of information about cases handled by CESTAT and also communication between CESTAT and litigants before CESTAT PUBLIC NOTICE F. No. 1(1)/CESTAT/Comp/SOFT/2012, dated 16-11-2012 CESTAT, New Delhi Bench is presently implementing a computerization programme to improve the management of information about cases handled and also to improve the means of communication […]

MVAT Refund through Electronic Clearing Service (ECS)

November 19, 2012 2793 Views 0 comment Print

The facility of remittance of refund through ECS will be optional to all the dealers in Greater Mumbai. However, in future the department proposes to make ECS refund scheme mandatory. Therefore, all the dealers who do not have Bank account in an ECS enabled Bank are advised to open an account in an ECS enabled Bank.

SEBI (Employee’ Service) (Second Amendment) Regulations, 2012

November 19, 2012 613 Views 0 comment Print

1n exercise of the powers conferred by Section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to amend the Securities and Exchange Board of India (Employees Service) Regulations, 2001

SEBI : Notification regarding establishment of Local Office of Board at Bhubaneswar

November 19, 2012 568 Views 0 comment Print

In exercise of the powers conferred by sub-section (4) of section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board has established its Local Office at Bhubaneswar under the administrative control of its Eastern Regional Office at Kolkata.

Other than working capital finance, banks not permitted to finance purchase of gold

November 19, 2012 1257 Views 0 comment Print

In terms of extant guidelines, no advances should be granted by banks against gold bullion to dealers/traders in gold if, in their assessment, such advances are likely to be utilised for purposes of financing gold purchase at auctions and/or speculative holding of stocks and bullion. In this context, the significant rise in imports of gold in recent years is a cause for concern as direct bank financing for purchase of gold in any form viz., bullion/primary gold/jewellery/gold coin could lead to fuelling of demand for gold for speculative purposes.

Amendments to SEBI (Mutual Funds) Regulations, 1996

November 19, 2012 4217 Views 0 comment Print

Please find enclosed a copy of the gazette notification No. LAD-NRO/GN/2012- 13/17/21502 dated September 26, 2012 pertaining to Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2012, for your information and implementation.

Seeks to provide duty exemption to ASTRA by amending notification No. 39/96-cus dt. 23/7/1996

November 19, 2012 733 Views 0 comment Print

Notification No. 58/2012-Customs Machinery, equipment, instruments, components, spares, jigs and fixtures, dies, tools, accessories, computer software, raw materials and consumables required for the purpose of Air-to-Air Missile System (Project ASTRA) of the Ministry of Defence.

Seeks to provide exemption to Project ASTRA by amending notification No. 64/95 -CE dt. 16/3/1995

November 19, 2012 628 Views 0 comment Print

Equipment and stores If,- (i) used for the systems and sub-systems of Project ASTRA of the Government of India in the Ministry of Defence;

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