I am directed to refer to Board’s Circular No. 54/98-Cus., dated 21.7.98 issued from F.No. 305/210/ 97-FTT on the subject mentioned above clarifying that 100% EOUs working under Notification No. 53/73- Cus. dated 3.6.97 can sell their software through data communication link or tele-communication link as there is no such restriction on sale of software to DTA through telelink. The
Circular No. 430/63/98-CX I am directed to say that doubts have arisen whether the excisable goods cleared in bond under Rule 13 of the Central Excise Rules, 1944, from a factory or any approved premise, can be stored and transshipped at any other place and if so, whether such transshipment should be done in the presence of Central Excise officers. The specific problem relates to export of iron and steel products by M/s Steel Authority of India Ltd. (SAIL) and M/s Tata Iron and Steel Company (TISCO) to Nepal under Notification No. 51/94-CE (NT) dated 22.9.94.
These regulations shall be called the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998. These regulations shall come into force on the date of their publication in the Official Gazette.
Notification No. S. O. 971(E)-Income Tax In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961 (43 of 1961), and in supersession of the Notification S.O. 6(E), dated 5th January, 1998, published in the Gazette of India (Extraordinary) on the 5th January, 1998, the Central Board of Direct Taxes hereby specifies fully convertible debentures and bonds to be issued
Notification No. S. O. 972(E)-Income Tax In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961 (43 of 1961), and in supersession of the Notification S.O. 7(E), dated 5th January, 1998, published in the Gazette of India (Extraordinary) on the 5th January, 1998, the Central Board of Direct Taxes hereby specifies fully convertible debentures and bonds to be issued
Notification No. 32 (RE-98) restricts the import of various plastic waste and scrap items in India, including polyethylene, polystyrene, and more.
I am directed to refer to the Courier Imports and Export (Clearance) Regulations, 1998 dated 9th November, 1998 issued by Government of India vide Notification No. 87/98-Cus. (N.T.) dated 9th November, 1998. The new regulations cover assessment and clearance of goods imported or to be exported through courier mode
Public Notice No. 56 (RE-98) deletes “plastic wastes/scrap” from Para 5.3(b) in the Handbook of Procedures, 1997-2002.
In exercise of powers conferred by Section 5 of the Foreign Trade ( Development & Regulation ) Act, 1992 ( No. 22 of 1992 ) read with Paragraph 1.3 of Export and Import Policy 1997-2002 ( incorporating amendments made upto 13.4.98 ) the Central Government hereby makes the following amendment in the Export and Import Policy 1997-2002 ( incorporating amendmendts made upto 13.4.98.
The bank guarantee should be for a minimum period of three years and it should contain a clause which would enable any claim arising during the period of guarantee could be preferred within a period of six months from the expiry of the guarantee.
