In order to ensure smooth functioning of T+3 rolling settlement, it has been decided that the Depository Participants (DPs) shall execute Beneficiary Owner’s instructions received within 24 hours before pay-in time of the respective Stock Exchange.
The matter regarding customs clearance of such goods has been examined in consultation with the Ministry of Textiles. The Ministry of Textiles have clarified that manufacture
Public Notice No. 5/2002-07 updates DEPB rates, value caps, and product group details under Export and Import Policy, effective from 4th April 2002.
In exercise of the powers conferred by sub-section (1) of the section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21 / 2002-Customs, dated the 1st March, 2002, namely.
Notification No. 71-Income Tax In exercise of powers conferred by clause (xiiia) of sub-section (2) of section 88 of Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the New Jeevan Dhara and New Jeevan Akshay Plans of the Life Insurance Corporation of India, as filed by that Corporation with the Controller of Insurance under sub-section (1) of section 40B of the Insurance Act, 1938 (4 of 1938)
Circular No. 633/24/2002-CX I am directed to enclose copy of Gujarat High Court’s decision dated 22-1-2002 in Ref. No. 1/2001 in case of M/s. Pioneer Silk Mills [2002 (141) E.L.T. 606 (Guj.)] for necessary action at your end.
Notification No. 73-Income Tax In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the “Sree Siddaganga Math, Tumkur, Karnataka State” for the purpose of the said sub-clause for the assessment years
However in respect of the following items , the exporter shall be required to give declaration with regard to technical characteristics, quality and specification in the shipping bill. The licencing authority while issuing Duty Free replenishment Certificate shall mention the technical characteristics, quality and specification in respect of such inputs.
F.No. 261/27/3/2002- Central Excise-8 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Circular No.632/23/2002- Central Excise Subject: Storage of duty paid goods belonging to another manufacturer in a warehouse-clarification thereon. I am directed to refer to Board’s Circular No.579/16/2001-CX dated 26.6.2001 which inter alia provides for storage of […]
In this regard, it is hereby clarified that the condition on import of textile and textile articles as per the aforementioned notification, shall not be applicable on imports made by units operating under the conditions of section 65 of Customs Act, 1962. However, the condition regarding testing shall be made applicable if any consignment using the imported textile material is released for home consumption.