The Genetic Engineering Approval Committee (GEAC), set up by the Ministry of Environment & Forests has accorded ‘one time approval’ for import of GM Soyabean oil (crude de-gummed/ refined form) derived from Round-up-Ready Soybean for the purpose of consumption after refining. Therefore, Condition No. 18 of Chapter 1A (General Notes Regarding Import Policy) notified vide Notification No.2 (RE-2006)/2004-2009 dated 7.4.2006 will not apply to the import of said Soyabean Oil till further orders.
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 further amendment to the 1st sentence of Paragraph 2.3 of Notification No. 38(RE-2007)/2004-2009, dated 15.10.2007 as amended through Notification No. 45(RE-2007)/2004-2009, dated 31.10.2007, and through Notification No. 61(RE-2007)/2004-2009, dated 12.12.2007; with immediate effect.
In exercise of 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 adds the following entry in Chapter 30 of Schedule 2 of ITC (HS) Classifications of Export and Import Items (1st September, 2004-31st March, 2009).
For exports during 2007-08, all Status Holders (having status recognition w.e.f 1.4.2007) exporting products covered under ITC HS Chapters 1 to 24, shall be incentivized with duty credit scrip equal to 10% of FOB value of agricultural exports (including benefits entitled under paragraph 3.8.2) provided that the total benefits for all status holders put together does not exceed Rs 100 Cr
Presently, clause 49 of Equity Listing Agreement requires the Audit Committee of an issuer company to monitor the utilisation of issue proceeds and to make appropriate recommendations to the Board of the issuer company.
To begin with, the mini derivative contract on Index (Sensex and Nifty) shall have a minimum contract size of Rs. 1 lakh at the time of its introduction in the market.
(i) in the preamble, in the proviso, after clause (iac), the following clause shall be inserted, namely:- (iad) the goods specified against serial No.22AA. of the said Table on or after the 1st day of April, 2009.; (ii) in the Table, after S.No.22A and the entries relating thereto, the following shall be inserted, namely:-
No.115/2007(N.T.) – Customs, dated the 27th November, 2007 vide number S.O. 1990(E), dated the 27th November, 2007, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2)
In second paragraph of Condition 6 of Chapter I A (General Notes to Import Policy) of the ITC (HS) Classifications of Export and Import Items 2004-2009 notified vide Notification No. 23 dated 14th August, 2007 and amended vide Notification No. 26 dated 5th September, 2007, M/s MMTC Limited/ M/s Tamil Nadu Cements Corporation Ltd. (TANCEM).
In case of 1-Bromo-3-Chloro Propane, Ministry of Environment & Forests, Ozone Cell has clarified that this item is not listed in the Ozone Depleting Substances List of Montreal Protocol. Accordingly, import of this item may be considered free.