Registration requirement: members and dealers must register with Central Excise for the place of their exchange trading operations. Members and dealers of OTCEI must register their premises with the Central Excise Commissionerate having jurisdiction over the place from which they operate; the same obligation applies to members trading through computers from other centres, and prior registration as a broker on a conventional exchange does not relieve the separate duty to register as a member/dealer of OTCEI or other listed exchanges.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Registration requirement: members and dealers must register with Central Excise for the place of their exchange trading operations.
Members and dealers of OTCEI must register their premises with the Central Excise Commissionerate having jurisdiction over the place from which they operate; the same obligation applies to members trading through computers from other centres, and prior registration as a broker on a conventional exchange does not relieve the separate duty to register as a member/dealer of OTCEI or other listed exchanges.
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