In accordance with the aforementioned circulars dated May 29, 2000 and October 16, 2000, out of the 275 scrips required to establish connectivity with both the depositories by January 29, 2001, 122 companies have now established connectivity.
Delays in adhering to the above time limit shall be viewed seriously. In case of any delay, the reasons for such delay must be explained to AMFI and SEBI by the next day. If the NAVs of a mutual fund are not available before commencement of business hours on the following day due to any reason.
In pursuance of sub-rule (2) of rule 49 and rule 139 of the Central Excise Rules, 1944, 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 and Insurance), No. 266/67 – Central Excise, dated the 28th November, 1967 ( G.S.R. 1771, dated the 28th November, 1967)
Circular No.569/6/2001-CX I am directed to say that consequent to deletion of clause (iv) of sub-rule (1) of rule 173G, doubts have been expressed whether the Pass-Out System specified by the Board in Circular No. 270/104/96-CX dated 18.11.1996 is necessary considering that now duty can be discharged on fortnightly basis. If it is necessary, whether the said procedure could be followed within the scope of new rule 173G(1).
Public Notice 54 (RE-2000) offers extensions and relief to Gujarat’s earthquake-affected export units, including EPCG, Advance Licensing, and DEPB validity.
Notification No.35 – Income Tax Notification No. 35 of 2001, dt. 7th Feb., 2001 Whereas the annexed Protocol amending the Agreement between the Government of the Republic of India and the Government of the Swiss Federal Council for the Avoidance of Double Taxation with respect to taxes on income has come into force on 20th December, 2000, the date of the later of the notifications by both the Contracting
India-Kyrgyz tax agreement effective from January 10, 2001, under Section 90 of Income Tax Act for avoidance of double taxation.
Notification allows import of goods for Gujarat earthquake relief, subject to conditions under Foreign Trade Act.
SEBI have received representations from the stock exchanging requesting that the non cash component of the deposit may be accepted in the form of Fixed Deposit Receipt (FDR) also. SEBI has considered the representation.
Dry Cell Batteries of Chinese origin have been exported to India below their normal value; the Indian industry has suffered material injury and is being threatened with further injury; the injury has been caused by the dumped imports from China; and has considered it necessary to impose anti-dumping duty, provisionally, pending final determination, on all imports of primary pencil cells and primary batteries of R6 (AA) size.
