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Notifications/Circulars

Import of vehicles used in off-highway operations such as mining, industrial undertakings, irrigation, general construction etc

December 14, 2007 643 Views 0 comment Print

Those vehicles which are purely off-highway construction equipment vehicles designed and adapted for use in enclosed premises, factories or mine other than road network and are not equipped to travel on public road on their own power, shall not be deemed as motor vehicle and as such fall outside the purview of Motor Vehicles Act, 1988 and Central Motor Vehicles Rules, 1989.

Foreign Direct Investments and refund of advance remittances

December 14, 2007 5803 Views 0 comment Print

The Reserve Bank of India has issued a circular dated 14 December 2007, laying down the directions for issuance of shares under Foreign Direct Investments and refund of advance remittances. With effect from November 29, 2007, equity instruments should be issued or advance remittances should be refunded within 180 days of receiving the money.

Notification No. 289/2007, Dated: 13.12.2007

December 13, 2007 604 Views 0 comment Print

Provided that in the event of the death of the first holder of the deposit in a case of a joint holder type deposit the other holder of the deposit shall be entitled to encash the term deposit before its maturity by making an application to the branch manager of the bank supported by proof of death of the first holder of the deposit.

Public Notice No. 92 (RE: 2007)/2004-2009, Dated: 13.12.2007

December 13, 2007 310 Views 0 comment Print

In the statement of Standard Input Output Norms (SION) as contained in the Handbook of Procedures (Vol.2), 2004-2009, as amended from time to time, amendments/corrections at appropriate places as mentioned in ANNEXURE “A” to this Public Notice are made.

Notification No. 121/2007-Customs Duty (N.T.), Dated; 13th December, 2007

December 13, 2007 463 Views 0 comment Print

The principal notification No.68/2007-Customs(N.T.) was published in the Gazette of India, vide number G.S.R. 485(E), published in the Gazette of India, part II, Section 3, Sub-section(i) dated the 16th July, 2007 and was last amended by notification No.118/2007-Customs(N.T.), vide number G.S.R.754(E), dated the 5th December, 2007.

Notification No. 120/2007-Customs Duty (N.T.), Dated: 13th December, 2007

December 13, 2007 535 Views 0 comment Print

The principal notification No.68/2007-Customs(N.T.) was published in the Gazette of India, vide number G.S.R. 485(E), published in the Gazette of India, Part II, Section 3, Sub-section (i) dated the 16th July, 2007 and was last amended by notification No.118/2007-Customs(N.T.), vide number G.S.R.754(E), dated the 5th December, 2007.

Notification No. 119/2007-Customs Duty (N.T.), Dated: 13th December, 2007

December 13, 2007 508 Views 0 comment Print

The principal notification No.68/2007-Customs (N.T.) was published in the Gazette of India, vide number G.S.R. 485 (E), published in the Gazette of India, part II, Section 3, Sub-section (i) dated the 16th July, 2007 and was last amended by notification No.118/2007-Customs (N.T.), vide number G.S.R.754 (E), dated the 5th December, 2007.

Notification No. 62 (RE-2007)/2004-09, Dated: 12.12.2007

December 12, 2007 478 Views 0 comment Print

Import of new motorcycles with engine capacity of 800 cc or more, by all categories of importers, including: (a) Individuals; (b) Companies and firm; or (c) OEMs (Original Equipment Manufacturers- who have manufacturing and service network in India) will be exempt from the conditions at Sl. No. (2) (II) (c) above. However, at the time of Customs clearance, an EC Type Approval Certificate / Certificate of COP, of an accredited agency from any member state of EU, including a notarized English translation thereof, shall be furnished. This Type Approval shall stipulate that the vehicle to be imported meets the technical requirements of all relevant separate directives, as last amended and as listed in EU Directive 2002/24/EC. Such imported motorcycles shall meet the EURO III emission norms as defined in EU Directive 2003/77/EC.

Prohibition on export of non-basmati rice-Minimum Export Price

December 12, 2007 640 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 read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby substitutes with immediate effect the first sentence of Paragraph 2.3 of Notification No. 38(RE-2007)/2004-2009, dated 15.10.2007.

SEBI : Change in affiliation of Sub-brokers

December 12, 2007 883 Views 0 comment Print

No fresh certificate needs to be obtained under sub-regulation (1) where a sub-broker merely changes his affiliation from one stock broker to another stock broker, being a member of the same stock exchange.

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