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Notifications/Circulars

Notification No. 80/2003-Central Excise; Dated: 26.12.2003

December 26, 2003 418 Views 0 comment Print

The principal notification No. 7/2003-Central Excise, dated the 1st March, 2003 was published in the Gazette of India vide number G.S.R. 137(E), dated the 1st March, 2003 and was last amended vide notification No. 75 /2003-Central Excise, dated the 27th October, 2003[G.S.R. 842(E), dated the 27th October, 2003.

Circular No. 10/2003-Income Tax Dated 24-12-2003

December 24, 2003 502 Views 0 comment Print

Circular No. 10 of 2003-Income Tax The existing provisions of rule 7B of the Income-tax Rules, 1962 inserted by the Income-tax (Second Amendment) Rules, 2001, w.e.f. 1-4-2002 and further amended by the IT (Third Amendment) Rules, 2002 w.e.f. 1-4-2003, provide that income derived from the sale of coffee

Exemption for defibrillators of external use under CN. 21/2002 (Sl. No. 363A)

December 23, 2003 604 Views 0 comment Print

Defibrillators generally correct arrhythmia (irregular heart rate) and in specific terms “tachy arrhythmia” (fast heart rate). External defibrillators are used in more critical and emergency situations while internal defibrillators are used when the patient is already prepared for surgery. The issue to be decided was whether the external defibrillators when imported with internal paddles for internal use can be considered for exemption at par with defibrillators for internal use.

SEBI : (Employees Service) (Amendment) Regulations, 2003

December 23, 2003 796 Views 0 comment Print

In exercise of the powers conferred by Section 36 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the regulations to fiirther amendthe Securities and Exchange Board of India (Employees Service) Regulations, 2001

Issue of Appellate Order Within 15 days of Last Hearing

December 23, 2003 2892 Views 0 comment Print

Instruction No: 20/2003 Issue of Appellate Order Within 15 days of Last Hearing The Board has given serious consideration to the delay in passing/issue of the appellate orders by the Commissioner of Income Tax (Appeals), much after the last day of the hearing/receipt of written submission. This results in hardship to the assessee and hampers in smooth interface with assessee.

Notification No. 83/2003-Central Excise (N.T.), Dated: 22.12.2003

December 22, 2003 628 Views 0 comment Print

In exercise of the powers conferred by sub-rule (2) of rule 3 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), number 14/2002-Central Excise (N.T.), dated the 8th March, 2002

Filing of Import Manifest before arrival of the vessel or aircraft-reg

December 22, 2003 1978 Views 0 comment Print

As regards the delivery of vessels stores list and list of private property in possession of the Master, officer, crew, the same should contain the quantity of store on board at the time of departure from the last port of call and estimated quantity likely to be consumed till the grant of entry inward.

SEBI : Secondary Market for Corporate Debt Securities-Clarifications

December 22, 2003 703 Views 0 comment Print

• bring the provisions of this circular to the notice of the listed companies/member brokers/clearing members of the Exchange and also to disseminate the same on the website for easy access to the investors.

Notification No. 79/2003-Central Excise; Dated; 22.12.2003

December 22, 2003 442 Views 0 comment Print

n the said notification, in Annexure II, under heading ‘2. JAMMU PROVINCE’, in sub-heading ‘(I) DISTRICT JAMMU’, under heading ‘(C) Existing location run by Directorate of Industries and Commerce’, in the Table, against S.No. 2, in column ‘Name of the Industrial Area’, for the entry “E.P.I.P. Kartholi Bari Brahamana”, the entry “SIDCO Industrial Complex Bari Brahmana or E.P.I.P. Kartholi or Village Kartholi or Village Birpur”, shall be substituted.

Secondary Market for Corporate Debt Securities – Clarifications

December 22, 2003 858 Views 0 comment Print

Meanwhile, SEBI has vide press release dated November 25, 2003 granted a transition period up to March 31, 2004 to those issuer companies who had issued privately placed debt securities but did not list those securities prior to September 30, 2003 (the date of the circular) to enable them to comply with the provisions of the circular.

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