It is brought to the notice of the Board by Air Cargo Commissionerate, Delhi that certain exporters are attempting to export various populated cards like COT SML Card, COT, Power Card, COT Transport Card, COT PSTN Line Card etc. which are used in telecom transmission equipments, and availing DEPB benefit for such exports under DEPB entry at S.No.39.
As per Section 12(1) of the SEBI Act, 1992 read with Rule 3 of Securities and Exchange Board of India (Stock Brokers and Sub-Brokers ) Rule 1992, no sub broker shall buy, sell, deal in securities, unless he holds a certificate granted by the Board under the Regulations.
Circular No.565/2/2001-CX I am directed to enclose copy of Notification No.1/2001-Central Excise (N.T.) dated 11th January, 2001, whereby clause (e) of sub-rule (1) of rule 49 and clause (e) of sub-rule (1) of rule 173G have been amended. Instances have come to notice where certain Central Excise assessees did not pay substantial dues relating to earlier period even after being debarred for two months and were again eligible for the facility of fortnightly payment.
in rule 49, in sub-rule (1), in clause (e), in sub-clause (ii), for the words order passed by the proper officer in this regard, the words order passed by the proper officer in this regard or till such date on which all the dues are paid, whichever is later
Amendment in DEPB rates for chemical formulations, including injections, tablets, and automotive parts, as per Public Notice No. 52/2001.
Representations have been received from the trade that the field formations are not permitting drawback to the exports of Handicrafts/ Artwares of composite materials and also on the articles of composite materials, involving brass as a constituent material.
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 16/2000-Customs, dated the 1st March, 2000 [G.S.R. 168 (E), dated the 1st March, 2000] and was last amended by Notification No. 142/2000 – Customs, dated the 21st November, 2000 [G.S.R. 881 (E), dated the 21st November, 2000].
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 December 26, 2000, 116 companies have now established connectivity.
Circular No. 564/1/2001-CX The Hon’ble Supreme Court of India in its judgment in Civil Appeal No. 215/66 in the matter of Md. Sarajuddin v. State of Orissa and Another, vide order dated 27-9-1966 – copy enclosed, had held that the subject matter of proceedings is the amounts for which demands are made and court fee is payable accordingly as per the provisions of Part-II of Schedule-III to the Supreme Court Rules, 1966 (quoted in the judgment).
Therefore, in exercise of the powers conferred by section 9A of the said Customs Tariff Act, read with sub-rule (4) of rule 18 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995.
