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Home Forms Name: section 78 Page 1 of about 2 results (0.001 seconds)Cenvat Credit Rules, 2004
Category : Centralrules
CENVAT Credit Rules 2004 1 Short title extent and commencement 1 These rules may be called the CENVAT Credit Rules 2004 2 They extend to the whole of India Provided that nothing contained in these rules relating to availment and utilization of credit of service tax shall apply to the State of Jammu and Kashmir 3 They shall come into force from the date of their publication in the Official Gazette 2 Definitions In these rules unless the context otherwise requires a Capital goods means A The following goods namely i all goods falling under Chapter 82 Chapter 84 Chapter 85 Chapter 90 heading No 68 02 and sub heading No 6801 10 of the First Schedule to the Excise Tariff Act ii Pollution control equipment iii Components spares and accessories of the goods specified at i and ii iv Moulds and dies jigs and fixtures v Refractory s and refractory materials vi Tubes and pipes and fittings thereof and vii Storage tank Used 1 I...
Underwriting And Brokerage Agreements
Category : Agreements Company Law
1 Underwriting agreements The object of underwriting is to insure against the risk that shares debentures or debenture stock offered by a company for subscription may not be taken up For floatation of share debenture capital a company is generally required to have the public issue fully underwritten to insure that all the shares and debentures are taken up by the investor and thus the required capital is raised The underwritten provides an assurance against the risk of under subscription a Payment of commission to underwriter The underwriters are entitled to commission Section 76 of the Companies Act 1956 provides as follows 76 1 A company may pay a commission to any person in consideration of a his subscribing or agreeing to subscribe whether absolutely or conditionally for any shares in or debentures of the company orb his procuring or agreeing to procure subscription whether absolute or conditional for any shares in or debentures of the company If the following...
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