[To be published in the Gazette of India, Part-II Section 3, Sub-section (i) Extraordinary]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 67 /2011-Cus (N.T.)
New-Delhi, the 22nd September, 2011 31 Bhadrapada, 1933 Saka
GSR In exercise of the powers conferred by sub-clause (iii) of clause (c) of section 28E of the Customs Act,1962( 52 of 1962), the Central Government hereby specifies resident public limited company as class of persons for the purposes ofsaid clause.
Explanation. For the purposes of this notification.-
(1)public limited company shall have the same meaning as is assigned to public company in clause (iv) of sub-section (1) of section 3 of the Companies Act , 1956 ( 1 of 1956) and shall include a private company that becomes a public company by virtue of section 43A of the said Companies Act, 1956;
(2)resident shall have the same meaning as is assigned to it in clause (42) of section 2 of the Income-tax Act, 1961 ( 43 of 1961) in so far it applies to a company.