Content of this Circular may be brought to the notice of the concerned officers and a watch be kept to ensure that attempt is not made to get away with unwarranted export benefits by misdeclaring nature & composition of Drugs / formulations.
In exercise of the powers conferred by clause (b) and clause (c) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue, No.63/94-CUSTOMS (NT) dated the 21st November, 1994, namely.
Please find enclosed a copy of the SEBI (Stock Brokers and Sub-Brokers) (Second Amendment) Regulations, 2000 dated 30th August, 2000.
Circular No. 7 of 2001-Income Tax In view of the occurrence of unforeseen national calamities of immense magnitude like the Gujarat earthquake employees of the Central Government, State Government, Public Sector Undertakings, Private Sector Companies and Corporations, and local authorities are making donations to the Prime Minister’s Relief Fund, the Chief Minister’s Relief Fund or the Lieutenant Governor’s Relief Fund
It was decided to give some more time to enable the stock exchange to test the system software. As decided at the meeting, the stock exchanges shall comply with the requirement of introducing gross margining on the basis of data available from the system.
.In addition, if there is any scrip which is included in the BSE 200 list, but not covered by the above list, will also be included in the compulsory rolling settlement on a nationwide basis.
Attention is invited to DOR Circular No.16/96-Cus. Dated 12.3.96 which has been issued outlining the procedure to be followed for logging of DEEC Books. In terms of Para 1 of this Circular, 5 documents as enumerated therein are generally required to be produced for logging.
It is being re-iterated that securities which are lent under the above schemes shall remain deposited with the Clearing Corporation or Clearing House of the Exchange and shall not be sold or substituted during the same settlement.
Circular No. 573/10/2001-CX As you are aware, there has been a long dispute in regard to classification of D-oiled rice bran extraction, niger seed extraction of topioca chips and sesame seed extractions as animal feed falling under Tariff Heading 21 of the Second Schedule to the Custom Tariff Act, 1975. The core question thus related to the factum of export duty being leviable thereon during the relevant period.
Notification No.228 – Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), theCentral Government, hereby specifies tax-free bonds of the Indian Renewable Energy Development Agency Limited, 1998-99 (Series-VI) of rupeesninety crores carrying an interest of 10.5 per cent. per annum for a period of seven years, bearing
