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Notifications/Circulars

Clarification on transfer of inputs to the Notified areas stated in paragraph 4.5 of HBP v.1 under DFIA Scheme

September 8, 2008 460 Views 0 comment Print

The matter has been examined and accordingly it is clarified that the restrictions on such transfer is limited to advance authorization and DFIA Scheme issued and operated under Actual User condition. Once transferability is endorsed on the DFIA, transfer of the imported/domestically procured input(s) against such DFIA shall not be covered by the restrictive clause of the aforesaid Public Notice.

Fema-Circular on Advance Remittance for Import of Services

September 8, 2008 1982 Views 0 comment Print

With a view to liberalizing the procedure further, it has been decided to raise the limit of USD 100,000 for advance remittance for alladmissible current account transactions for import of services without bank guarantee to USD 500,000 or its equivalent. AD Category – I banks may frame their own guidelines to deal with such cases as per the policy approved by the bank’s Board of Directors. RBI/2008-09/ 158 ,A.P.(DIR Series) Circular No. 15, September 08, 2008

Notification No. 38 (RE-2008)/2004-2009, Dated: 05.02.2008

September 5, 2008 331 Views 0 comment Print

In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes amendments to Notification No.37 dated 3rd September, 2008.

SEBI : Amendments to Equity Listing Agreement

September 4, 2008 514 Views 0 comment Print

Publication of financial results: A listed entity opting to submit consolidated financial results in addition to standalone results to the stock exchanges shall publish consolidated financial results only.

Notification No. 102/2008-Customs Duty, dated 04-09-2008

September 4, 2008 991 Views 0 comment Print

Notification No. 102/2008-Customs For the purposes of this notification, landed value means the assessable value as determined under the Customs Act, 1962 (52 of 1962) and includes all duties of customs except duties levied under sections 3, 3A, 8B, 9 and 9A of the said Customs Tariff Act.

Notification No. 37 (RE-2008)/2004-2009, Dated: 03.09.2008

September 3, 2008 376 Views 0 comment Print

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3, SUB SECTION (ii) GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE NOTIFICATION NO. 37 (RE-2008)/2004-2009 NEW DELHI, THE 3rd SEPTEMBER, 2008 S.O.(E) In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments to Sl. No. 45A of Notification No.93 (RE-2007)/2004-2009, dated 1ST April, 2008:- Sl. No. Tariff Item HS Code Unit Item Description Export Policy Nature of Restriction 45A 1006 10 1006 10 10 1006 10 90 1006 20 00 1006 30 1006 30 10 1006 30 90 1006 40 00 Kg. Non Basmati Rice Prohibited except export of PUSA-1121 variety of Non-basmati rice. Export of PUSA-1121 variety of Non-basmati rice shall be allowed subject to the following conditions: – 1.Export allowed subject to registration of contracts with APEDA, New Delhi, prior to shipment; 2. Export permitted only if the minimum FOB price is US$ 1200 per ton or Rs. 48,000/- per ton; 3. Export will be restricted through the following ports only:- (i) Kandla (ii) Kakinada (iii)Kolkata (iv) JNPT, Mumbai (v) Mundra, and (vi) Pipavav 4. Export shall be allowed only with effect from 15th October, 2008 out of paddy procured in KMS 2008-09. 2. Provisions of this Notification shall be applicable from 15.10.2008. 3. All other provisions of the Notification No.93 (RE-2007)/2004-09 dated 1st April, 2008 shall remain unchanged, and shall continue to apply. 4. This issues in public interest. Sd/- (R.S GUJRAL) DIRECTOR GENERAL OF FOREIGN TRADE AND EX-OFFICIO ADDITIONAL SECRETARY TO THE GOVT. OF INDIA In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments to Sl. No. 45A of Notification No.93 (RE-2007)/2004-2009, dated 1ST April, 2008.

Notification No. 36 (RE-2008)/2004-2009, Dated: 02.09.2008

September 2, 2008 301 Views 0 comment Print

In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2004-2009 (as amended from time to time), the Central Government hereby makes the following amendment in Foreign Trade Policy.

Notification No. 31/2008 – Service Tax, dated 02-09-2008

September 2, 2008 603 Views 0 comment Print

Notification No. 31/2008-Service Tax In exercise of the powers conferred by section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Service Tax Rules, 1994, namely :- 1. (1) These rules may be called the Service Tax (Third Amendment) Rules, 2008.

Notification No. 106/2008-Customs Duty (N.T.), Dated: September 2, 2008

September 2, 2008 538 Views 0 comment Print

In exercise of the powers conferred by sub-rule (1) of Rule 3 of the Customs Tariff (Transitional Product Specific Safeguard Duty) Rules, 2002, and in supersession of notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 16/2007-Customs (N.T.) issued vide G.S.R. No. 103(E) dated the 22nd February, 2007, the Central Government hereby appoints Shri S.S. Rana-I, Chief Commissioner, as the Director General (Specific Safeguard) for the purposes of the said Rules.

Notification No. 105/2008-Customs Duty (N.T.), Dated: September 2, 2008

September 2, 2008 469 Views 0 comment Print

In exercise of the powers conferred by sub-rule (1) of Rule 3 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, and in supersession of notification of the Government of India.

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