The ‘Technical Group’ headed by Prof. J.R Varma, set up to prescribe risk containment measures for new derivative products, has recommended the risk containment measure for Exchange traded Stock Option Contracts.
In continuation of our circular dated June 20, 2000 on reporting of derivative contracts to SEBI, you are advised to provide the additional information,
The ‘Technical Group’ has recommended the risk containment measure for Exchange traded Options on Stocks. While SEBI would not mandate any particular risk management product.
Circular No. 578/15/2001-CX It has come to the notice of Board that in a number of cases where appeals/SLP/R.A. have been filed in CEGAT/Courts in cases pertaining to PSUs, proposals for obtaining COD clearance are not forwarded by the concerned Commissioners in time and proposals are often sent only after the CEGAT/Court dismisses the case for want of COD clearance after a long passage of time – in some cases even 10 years after the appeal was originally filed.
The enforcement of Section 80 of the Companies (Amendment) Act, 2000 – Postal Ballot – from 15.6.2001 – regarding.
Representations/references are regularly being received from Trade, seeking clarification whether a particular item is covered under the ambit of appendix V to the notification no. 44 (list of 133 products). Clarification to the trade and to the customs authorities have been issued by this office based on the technical comments received from Bureau of Indian Standards (BIS).
In view of the above decision of the CEGAT, it is clear that where the importer does not fulfil the conditions stipulated in an Excise notification, he cannot claim benefit of the same for CVD purposes. Accordingly, it is clarified that the imported goods will not be eligible for the benefit of conditional Central Excise notification when it is not possible to verify the conditions stipulated in the notification. Thus, in the example cited above, candles imported into India
Notification No.S.O.1886 – Income Tax It is notified for general information that enterprise/industrial undertaking, listed at para. (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2001-2002 and 2002-2003
Notification No.S.O.1885 – Income Tax It is notified for general information that enterprise/industrial undertaking, listed at para. (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2001-2002, 2002-2003 and 2003-2004
Notification No.S.O.1884 – Income Tax It is notified for general information that enterprise/industrial undertaking, listed at para. (3) below, has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2001-2002, 2002-2003 and 2003-2004
