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Notification No. 133/2009 Custom Duty, Dated: 09.12.2009

December 9, 2009 559 Views 0 comment Print

Although the production capacity, production, and sales of the domestic industry have gone up and the profitability has become less negative during the POI vis-a-vis the base year, significant increase in import volumes at dumped prices has resulted in substantial price undercutting and price suppression. The situation of domestic industry continues to be vulnerable and dumped imports from the subject country continue to cause a substantial injury to the domestic industry. Should the present anti dumping duties be revoked, injury to the domestic industry is likely to continue and intensify.

Public Notice No. 25/2009-2014, Dated: 09.12.2009

December 9, 2009 352 Views 0 comment Print

In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures.

List of Terrorist Individuals/Organisations – under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation

December 9, 2009 828 Views 0 comment Print

Please refer to our circular letter DBOD.AML.No.8299/14.06.057/2009-10 dated November 11, 2009. We have since received from Government of India (Ministry of External Affairs) copy of note dated December 3, 2009 from the Chairman of UN Security Council’s 1267 Committee regarding changes made in the Consolidated List of Individuals and entities linked to Al-Qaida and Taliban (copy enclosed).

RBI Circular No. 19/2009 on External Commercial Borrowings (ECB) Policy

December 9, 2009 1486 Views 0 comment Print

Attention of Authorized Dealer Category – I (AD Category – I) banks is invited to the A.P. (DIR Series) Circular No. 46 dated January 2, 2009, A.P. (DIR Series) Circular No. 64 dated April 28, 2009 and A.P. (DIR Series) Circular No. 71 dated June 30, 2009 relating to External Commercial Borrowings (ECB).

Notification No. 93/2009 – Income Tax Dated 9/12/2009

December 9, 2009 1661 Views 0 comment Print

Notification No. 93/2009 – Income Tax In exercise of the powers conferred by clauses (a) and (b) of Explanation 2 to section 90A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following as specified territory and specified association respectively for the purpose of the said section, namely :-

Preservation of records – NSDL and CDSL – Circular No. MRD/DoP/DEP/ Cir-20/2009, dated 9-12-2009

December 9, 2009 1669 Views 0 comment Print

Further, it has been noticed that enforcement agencies like CBI, Police, Crime Branch etc. have been collecting copies of the various records/documents during the course of their investigation. The originals of such documents maintained either in physical or in electronic form or in both would be required by such enforcement agencies during trial of the case also. In view of the above, it is clarified that if a copy is taken by such enforcement agency either from physical or electronic record then the respective original is to be maintained till the trial or investigation proceedings have concluded.

Preservation of records – MRD/DoP/SE/Cir- 21 /2009 – SEBI

December 9, 2009 3117 Views 0 comment Print

Further, as per regulation 18 of SEBI (Stock Brokers & Sub-brokers) Regulations, 1992 (hereinafter referred to as Stock Broker Regulations), every stock broker shall preserve the specified books of account and other records for a minimum period of five years. In case such documents are maintained in electronic form, provisions of Information Technology Act, 2000 in this regard shall be complied with.

Policy Circular No. 18/2009-2014, Dated: 08.12.2009

December 8, 2009 592 Views 0 comment Print

Accordingly, the matter was again taken up in the DEPB Committee (Inter-ministerial Committee having representatives of Technical Authority as well) meeting held on 29th October 2009 and after detailed deliberations.

Public Notice No. 24/2009-14, Dated: 08.12.2009

December 8, 2009 397 Views 0 comment Print

In Appendix 37D, Handbook of Procedures Vol. I, in TABLE 1 (FOCUS PRODUCTS), under the heading HANDLOOM PRODUCTS, at Sl. No. 28, ITC (HS) Code 52091113 is added after the ITC (HS) Code 52091112 and ITC (HS) Code 52091119 is deleted.

Regarding anti dumping duty on Synchronous Digital Hierarchy Transmission Equipment originating in or exported from, People’s Republic of China (China PR) and Israel

December 8, 2009 520 Views 0 comment Print

Whereas, in the matter of import of all kinds of Synchronous Digital Hierarchy Transmission Equipment (hereinafter referred to as the subject goods), falling under sub-heading 8517 62 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from, People’s Republic of China (China PR) and Israel (hereinafter referred to as the subject countries), the designated authority, in its preliminary findings vide notification No. 14/2/2009-DGAD, dated the 7th September, 2009, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 7th September, 2009, has come to the conclusion that–

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