Bare Act Search Results

Customs Act, 1962 Section 28E

Title: Definitions

State: Central

Year: 1962

.....requires,- (a) "activity" means import or export; (b) "advance ruling" means the determination, by the Authority, of a question of law or fact specified in the application regarding the liability to pay duty in relation to an activity which is proposed to be undertaken, by the applicant; 1[ (c) "applicant" means-- (i) (a) a non-resident setting up a joint venture in India in collaboration with a non-resident or a resident; or (b) a resident setting up a joint venture in India in collaboration with a non-resident; or (c) a wholly owned subsidiary Indian company, of which the holding company is a foreign company, who or which, as the case may be, proposes to undertake any business activity in India: (ii) a joint venture in India; or (iii) a resident falling within any such class or category of persons, as the Central Government may, by notification in the official Gazette, specify in this behalf, and which or who, as the case may be, makes application for advance ruling under sub-section (1) of section 28H;] 4[Explanation.--For the purposes of this clause, "joint venture in India" means a contractual arrangement whereby two or more persons undertake an.....

Customs Act, 1962 Complete Act

State: Central

Year: 1962

CUSTOMS ACT, 1962 CUSTOMS ACT, 1962 [Act No. 52 of Year 1962 dated 13th. December, 1962 An Act to consolidate and amend the law relating to customs Be it enacted by Parliament in the Thirteenth Year of the Republic of India as follows: - CHAPTER I PRELIMINARY SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Customs Act, 1962. 1[(2) It extends to the whole of India.] (3) It shall come into force on such date2 as the Central Government may, by notification in the Official Gazette, appoint. SECTION 02: DEFINITIONS In this Act, unless the context otherwise requires- 3[(1) "adjudicating authority" means any authority competent to pass any order or decision under this Act, but does not include the Board, Commissioner (Appeals) or Appellate Tribunal; (1A) "aircraft" has the same meaning as in the Aircraft Act, 1934 (22 of 1934); (1B) "Appellate Tribunal" means the Customs, Excise and Gold (Control) Appellate Tribunal constituted under section 129;] (2) "assessment" includes provisional assessment, reassessment and any order of assessment in which the duty assessed is nil; (3) "baggage" includes unaccompanied baggage but does not.....

Warehousing Corporations Act, 1962 Amending Act 1

Title: Warehousing Corporation (Amendment) Act, 2001

State: Central

Year: 1962

.....to shall be substituted; (b) in sub-section (2), for the words with the previous approval of, the words under intimation to shall be substituted; 4 . Amendment of section 21 - In section 21 of the principal Act, in clause (v), the words the Central Warehousing Corporation or shall be omitted. 5 . Amendment of section 22 - In Section 22 of the principal Act, in sub-section (I), for the words with the previous approval of, the words under intimation to shall be substituted. 6 . Amendment of section 24 - In section 24 of the principal Act, - (a) in clause (a), for the words with the previous approval of, the words after consultation with shall be substituted; (b) in clause (d), the word and occurring at the end shall be omitted; (c) after clause (d), the following clause shall be inserted, namely:- (da) enter into, with the previous approval of the State Government, joint ventures with the Central Warehousing Corporation; and.

Warehousing Corporations Act, 1962 Complete Act

State: Central

Year: 1962

.....zzc[(ea) enter into, with the previous approval of the Central Government, joint ventures with any corporation established by or under any Central Act or any State Act or with any company formed and registered under the Companies Act, 1956 (1 of 1956) including foreign company or through its subsidiary companies, for carrying out the purposes of this Act. Explanation."For the purposes of this clause, the expression "foreign company" shall have the meaning assigned to it under clause (23-A) of Section 2 of the Income Tax Act, 1961 (43 of 1961);] zzc[(eb) establish subsidiary companies; and.] (f) carry out such other functions as may be prescribed. SECTION 12: EXECUTIVE COMMITTEE (1) There shall be an Executive Committee of the Central Warehousing Corporation which shall consist of-- (a) the Chairman and the Vice-Chairman of the board of directors; (b) the managing director; and (c) two other directors chosen by the Corporation in the prescribed manner. (2) The Chairman and the Vice-Chairman of the board of directors shall be the Chairman and the Vice-Chairman respectively of the Executive Committee. (3) Subject to the general control, direction and superintendence of.....

Warehousing Corporations Act, 1962 Chapter II

Title: The Central Warehousing Corporation

State: Central

Year: 1962

..... 1["(ea) inter into, with the previous approval of the Central Government, joint ventures with any corporation established by or under any Central Act or any State Act or with any company formed and registered under the Companies Act, 1956 (1 of 1956) including foreign company or through its subsidiary companies, for carrying out the purposes of this Act. Explanation. - For the purpose of this clause, the expression "foreign company" shall have the meaning assigned to it under the clause (23A) of section 2 of the Income-tax Act, 1961(43 of 1961); (eb) establish subsidiary companies; and"] (f) carry out such other functions as may be prescribed. ________________________ 1. Inserted By The Warehousing Corporation (Amendment) Act, 2001 w.e.f. 01.11.2001. 2 . The word "and" omitted by The Warehousing Corporation (Amendment) Act, 2001 w.e.f. 01.11.2001. Section 12 - Executive Committee (1) There shall be an ExecutiveCommittee of the Central Warehousing Corporation which shall consist of-- (a) the Chairman 1 [ ****] of the board of directors; (b) the managing director; and (c) two other directors chosen by the Corporation in theprescribed manner. 2 (2) The.....

Warehousing Corporations Act, 1962 Section 11

Title: Functions of Central Warehousing Corporation

State: Central

Year: 1962

.....of the purchase, sale, storage and distribution of agricultural produce, seeds, manures, fertilizers, agricultural implements and notified commodities;2[***] 1["(ea) inter into, with the previous approval of the Central Government, joint ventures with any corporation established by or under any Central Act or any State Act or with any company formed and registered under the Companies Act, 1956 (1 of 1956) including foreign company or through its subsidiary companies, for carrying out the purposes of this Act. Explanation. - For the purpose of this clause, the expression "foreign company" shall have the meaning assigned to it under the clause (23A) of section 2 of the Income-tax Act, 1961(43 of 1961); (eb) establish subsidiary companies; and"] (f) carry out such other functions as may be prescribed. ________________________ 1. Inserted By The Warehousing Corporation (Amendment) Act, 2001 w.e.f. 01.11.2001. 2 . The word "and" omitted by The Warehousing Corporation (Amendment) Act, 2001 w.e.f. 01.11.2001.

Warehousing Corporations Act, 1962 Chapter III

Title: State Warehousing Corporations

State: Central

Year: 1962

.....under sub-section (1) where, under clause (g)of sub-section (2) of section 43-, a Corporation is deemed to be established for that State under this Act. Section 19 - Share capital and shareholders (1) The authorised capital of a State Warehousing Corporation shall be such sum not exceeding two crores of rupees as may be prescribed, divided into shares of the face value of one hundred rupees each, of which such number as may be determined by the Corporation in consultation with the State Government shall be issued in the first instance and the remaining shares may be issued, from time to time, as and when the Corporation may deem fit after consultation with the Central Warehousing Corporation and with the sanction of the State Government: 1[Provided that in respect of any State Warehousing Corporation the Central Government may, after consultation with the State Government concerned, from time to time and by order notified in the Official Gazette, increase the maximum limit of the authorised capital aforesaid to such extent and in such manner as the Central Government may determine.] (2) Of the share capital issued in the first instance and of any subsequent issue of such.....

Warehousing Corporations Act, 1962 Section 24

Title: Functions of the State Warehousing Corporation

State: Central

Year: 1962

.....for the purposes of the purchase, sale, storage and distribution, of agricultural produce, seeds, manures, fertilizers, agricultural implements and notified commodities;2[***] 3["(da) enter into, with the previous approval of the State Government, joint ventures with the Central Warehousing Corporation; and".] (e) carry out such other functions as may be prescribed. ________________________ 1. Substituted for the words "with the previous approval of" by The Warehousing Corporation (Amendment) Act, 2001 w.e.f.01.11.2001. 2. The words "and" omitted by The Warehousing Corporation (Amendment) Act, 2001 w.e.f. 01.11.2001. 3. Inserted by The Warehousing Corporation (Amendment) Act, 2001 w.e.f. 01.11.2001