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Notifications/Circulars

Notification No. 168/2009-Customs Duty (N.T.), Dated: 10.11.2009

November 10, 2009 436 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs, Inland Container Depot, Tughlakabad, New Delhi to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on the Commissioner of Customs (Import), Jawaharlal Nehru Port Trust, Nhava Sheva, Raigad, Maharashtra for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s Panchsheel Soap Factory, C-2/13, Phase – II, Mayapuri Industrial Area, New Delhi – 110064 and another issued vide, F.No. 23/77/2006-DZU, dated the 4th May, 2009, by the Additional Director General, Directorate of Revenue Intelligence, Delhi Zonal Unit, Delhi.

Notification No. 167/2009 – Customs Duty (N.T.), Dated: 10.11.2009

November 10, 2009 355 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs, Inland Container Depot, Tughlakabad, New Delhi to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on the Commissioner of Customs (Import), Jawaharlal Nehru Custom House, Nhava Sheva, Raigad, Maharashtra for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s G.N.International, Khasra No. 904, Village Rithala, New Delhi and others issued vide, DRI F.No. 50D/92/2006-CI, dated the 28th February, 2008, by the Additional Director General, Directorate of Revenue Intelligence (Hqs), New Delhi.

Notification No. 166/2009-Customs Duty (N.T.), Dated: 10.11.2009

November 10, 2009 415 Views 0 comment Print

for the purpose of adjudicating the matters relating to Show Cause Notices pertaining to M/s. Rachna Seeds Industries and others issued vide, F.No. DRI /JRU/INQ-4/2007, dated the 25th February, 2009, by the Additional Director General, Directorate of Revenue Intelligence, Ahmedabad Zonal Unit, Ahmedabad.

Regarding addition of more ports for the purpose of import/export in the notifications issued under the Export Promotion Schemes

November 10, 2009 784 Views 0 comment Print

In the said notification, in the opening paragraph, in condition (vii), for the words and brackets “Waluj (Aurangabad)”,the words, brackets and punctuations “Waluj (Aurangabad), Talegoan(District Pune), Dhannad Rau (District Indore), Kheda (Pithampur, District Dhar) and Patli (Gurgaon)”, shall be substituted.

Public Notice No. 16/2009-2014, Dated: 10.11.2009

November 10, 2009 346 Views 0 comment Print

In exercise of power conferred under paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendment in para2.63 (ii) of the Handbook of Procedure(Vol. I) relating to Registering Authorities issuing RCMC.

RBI circular on frequent dishonour of cheques

November 9, 2009 1222 Views 0 comment Print

In this connection, it may be mentioned that frequent dishonour of cheques of value of less than Rs. 1 crore is also a matter of concern and banks need to take appropriate action in those accounts where such dishonour of cheques occur.

Circular on Applicability of indirect taxes on import of packaged software

November 7, 2009 2928 Views 0 comment Print

F.No.354/189/2009-TRU Customs duty on packaged software – As basic customs duty is Nil for packaged software, the additional duty of customs („CVD?) levied in lieu of the Central Excise duty payable on like goods manufactured in India (including education cess and secondary and higher education cess on such CVD) is the effective customs duty paid on import of such software; and Service tax in relation to providing right to use information technology software for commercial exploitation under the category of ITSS on reverse charge mechanism.

SEBI : (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2009

November 6, 2009 439 Views 0 comment Print

Provided that in case of American Depository Receipts or Global Depository Receipts entitling the holder thereof to exercise voting rights in excess of percentage specified in regulation 10 or regulation 11, on the shares underlying such depository receipts, public announcement shall be made within four working days of acquisition of such depository receipts.

Notification No. S.O. 2851(E), dated 06/11/2009

November 6, 2009 628 Views 0 comment Print

The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), number S.O. 1800(E) dated 21st July, 2009.

SEBI : Market Access through Authorised Persons

November 6, 2009 4063 Views 0 comment Print

While conducting the inspection of the stock broker, the stock exchange shall also conduct inspection of branches where the terminals of authorised persons are located and records of the operations carried out by them.

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