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Notifications/Circulars

Specifies Boranada SEZ at Jodhpur, in State of Rajasthan, as a “SEZ”

May 11, 2004 2392 Views 0 comment Print

For the purposes of this notification, Boranada Special Economic Zone means Boranada Special Economic Zone, located at and comprising of the places bearing the area, khasra numbers.

Amend the SEZs (Customs Procedures) Regulations, 2003

May 11, 2004 1534 Views 0 comment Print

The principal notification No. 53/2003-Customs (N.T.), dated the 22nd July, 2003, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R. 571 (E), dated the 22nd July, 2003 and was last amended by notification No.59/2004-CUSTOMS (N.T.), dated the 30th April, 2004 [G.S.R.295 (E), dated the 30th April, 2004].

Notification No. 61/2004-Customs (N.T.), Dated: 11.05.2004

May 11, 2004 673 Views 0 comment Print

The principal notification No. 52/2003-Customs (N.T.), dated the 22nd July, 2003, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) with G.S.R 570 (E), dated the 22nd July, 2003 and was last amended by notification No 58/2004-CUSTOMS (N.T.), dated the 30th April, 2004 [G.S.R 294(E), dated the 30th April, 2004].

Customs Valuation Rules,1988-Determination of assessable value for goods sold on high seas

May 11, 2004 13321 Views 0 comment Print

The matter has been examined taking into account the Advisory Opinion 14.1 of the GATT Valuation Code, which stipulates that if the importer can demonstrate that the immediate sale under consideration took place with a view to export the goods to the country of importation, then such transaction would constitute an international transfer of goods. The later transaction, which led to the import, would be the relevant transaction for assessment and Rule 4 of Customs Valuation Rules, 1988 would apply. Hon’ble Supreme Court, in the case of M/s.Hyderabad Industries Limited [2000(115)E.L.T.593(S.C)].

Notification No. 21/2004-Central Excise; Dated : 11.05.2004

May 11, 2004 934 Views 0 comment Print

The principal notification No. 58/2003-CENTRAL EXCISE, dated the 22nd July, 2003, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) with G.S.R 575 ( E), dated the 22nd July, 2003 and was last amended by notification No20 /2004-CENTRAL EXCISE, dated the 30th April, 2004 [G.S.R.301 (E), dated the 30th April, 2004.

SEBI : Guidelines in respect of disclosures to be made in the Letter of offer in respect of buy back of securities in terms of SEBI

May 7, 2004 562 Views 0 comment Print

Accordingly, a standard format of the letter of offer alongwith the general instructions/guidelines has been prepared and enclosed. The said format is also available on SEBI’s web site at www.sebi.gov.in.

General Circular No. 5/2004, dated 06.05.2004

May 6, 2004 709 Views 0 comment Print

Amendment of Notification No. S.O. 219(E) dated 23.2.2004 – “State Industrial Development Corporation of Maharashtra Limited” has been replaced by “SICOM Limited.

Notification No. 42 (RE-2003)/2002-2007, Dated: 06.05.2004

May 6, 2004 394 Views 0 comment Print

Notification No. 42 (RE-2003)/2002-2007 removes specific BIS standards for imports, dated 6th May 2004.

Amendment in notification No. 115/2003-Customs, dated: 22.07.2003

April 30, 2004 430 Views 0 comment Print

The principal notification No. 115/2003-CUSTOMS, dated the 22nd July, 2003, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R 574 ( E), dated the 22nd July, 2003 and was last amended by notification No. 52/ 2004-CUSTOMS, dated the 31st March, 2004.

Amendment in notification No. 114/2003-Customs, dated: 22.07.2003

April 30, 2004 310 Views 0 comment Print

In exercise of the powers conferred by sub- section )1) of section 3A of the Customs Tariff Act,1975 (51of 1975), the Central Government, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), vide No. 114/2003-CUSTOMS, dated the 22nd July, 2003, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R 573 ( E), dated the 22nd July, 2003.

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