it was provided that, negotiated deals would not be permitted and that all deals would have to be executed only on the screens of the exchanges in the price and order matching mechanisms of the exchanges. It was also provided that exemptions would be granted by the stock exchanges only in cases where the scrips have reached the FII investment limits.
G.S.R. (E) – In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), 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), No. 30/97-Customs (N.T.), dated the 7th July, 1997, namely:-
Notification No. 2021-Income Tax In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government, hereby specifies the Sarbamangala Trust Board, Burdwan, to be a place of public worship of renown throughout the State of West Bengal and other nearby States for the purpose of the said section.
Notification No. 810(E)-Income Tax In exercise of the powers conferred by sub-clause (h) of clause (iv) of sub-section (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10.15% tax free (8C Series), Konkan Railway Bonds bearing distinctive numbers from 1 to 6000 for an amount of rupees sixty crores only issued
Representation has been received in the Board that verification of (Present Market Value (PMV) under Drawback Scheme) are being routinely conducted by the Custom House, which is causing unnecessary delay in grant of drawback to the exporters
Notification No 811(E)-Income Tax In exercise of the powers conferred by sub-clause (h) of clause (iv) of sub-section (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10.5% tax free (8B Series), Konkan Railway Bonds hearing distinctive numbers from 1 to 10000 for an amount of rupees one hundred crores only
In the Open House discussion with EXIM Club, Baroda held on 10th December, 1999, it was requested that in respect of the Bank Guarantees taken by Licensing Authorities, wherever the export obligation has been completed and cases are redeemed, Bank Guarantee should be returned to the party because in the absence of these Bank Guarantees the banking authorities are not releasing Bank Guarantees. At present Licensing authorities are issuing the redemption letter and copy of this is endorsed to the concerned bank for release of BG.
The offer document shall state the security / asset cover to be maintained. The basis for computation of the security / asset cover, the valuation methods and periodicity of such valuation shall also be disclosed.
Trade Notice No. 33/2000 Attention of the Trade is invited to this Commissioner ate Trade notice No. 13/2000 dated 31.3.2000 and trade notice no. 20/2000 dated 26.4.2000. Consequent upon the amendment in Central Excise Rules with effect from 1.4.2000 allowing the Central Excise assessees to pay duty on fortnightly basis instead of payments consignment – wise, it became essential to review the format of Returns being submitted by assessees. Notification No. 48/2000-CX(NT) dated 18th August, 2000 (copy enclosed) has since been issued whereby new RT-12 Form has been prescribed,
Circular No. 546/42/2000-CX I am directed to refer to Board”s Circular No. 62/90-CX.3, dated the 7th December, 1990 (vide F.No. 112/9/90-CX.3) on the subject cited above. In the circular, it was interalia clarified on the basis of opinion given by the Chief Chemist that the ultramarine blue in bulk form is appropriately classifiable under chapter heading 32.06; and the same when put up in small packings,
