The exchanges may collect a uniform margin of 12.5% on the carry forward position in the Modified Carry Forward System (MCFS) and on the trade positions in the Automated Lending and Borrowing Mechanism (ALBM) instead of the stratified margin slabs, as is the practice now.
The Exchanges which are eligible to provide these products are advised to announce the dates for the commencement of these facilities for these scrips after giving due notice to the market.
Circular No. 557/53/2000-CX In view of the tribunal judgement in the case of CCE, Chandigarh Vs. JCT Mills Limited [1999 (112) ELT/533(T)], the appeal against which has been dismissed by the Supreme Court on the ground of delay as well as merits, doubts have been raised in some Commissionerates whether dhotis and sarees which were woven in running length and after processing are sold as such by mere cutting at demarcated place and so far were being classified as fabric under Chapter 52/54/55,
Public Notice 41(RE-2000) allows exports to and imports from Iraq with prior UN Security Council approval, amending the Export-Import Policy guidelines
Therefore, in exercise of the powers conferred by sub-section (1) of section 9A of the said Customs Tariff Act, read with sub-section (6) of the said section 9A and rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995.
In exercise of powers conferred by clause (b) of section 7of the Customs Act, 1962 (52 of 1962), the Central Government thereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance, Department of Revenue, No. 63/94-Customs(N.T.), dated the 21st November, 1994, namely :-
The Directorate General of Foreign Trade has been receiving representations from various quarters seeking clarifications as regards the Classification of certain specific items under the ITC(HS) Classifications of Exports and Imports Items, 1997-2002. Such requests made in terms of para 4.13 of the policy for issue of appropriate clarifications etc. have been examined and based on the decision(s) arrived at by the committee set up for this purpose, the applicants have been suitably advised about the appropriate classification of such items under the ITC(HS). A list of the items, where clarifications were given, is given below for information of all concerned.
Further, the scrips of companies which has been or is being shifted to the ‘trade for trade’ window of the stock exchanges would be reverted back to the normal trading segment from the next cut off date after the depositories confirm to SEBI that the companies have established connectivity.
I am directed to invite your attention to the Board’s Circular No. 72/2000-Cus, dated 31-8-2000 on the above-mentioned subject. It has been brought to the notice of the Board by some of the Commissioner rates that the above said Circular is silent about the EHTP (Electronic Hardware Technology Park)/ STP (Software Technology Park) units
Public Notice 40 (RE-00) updates rules for Diamond Dollar Account Scheme, rough diamond sales, export procedures, and personal carriage of gems.
