Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Amendments in the H.B. of procedures Vol. I

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n which actual debit of duty is made. 2. The following shall be added at the end of paragraph 5.3(v)(i) : Simultaneously these agencies will also certify that the imported item (s) is actually a metallic waste/scrap/seconds/defective as per the internationally accepted parameters for such a classification. 3. The paragraph 6.6(c) shall be amended to read as under: "The indigenous manufacturer intending to supply capital goods to the EPCG licence holder may apply to the licensing authority for the issuance of Advance licence for deemed exports for import of inputs including components required for the manufacture of capital goods to be supplied to the EPCG licence holder. 4. The following shall be added as paragraph 6.6 A. 6.6A .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... PCG licence under the Policy prevalent during AM2000 either under zero duty EPCG scheme or under 10% EPCG scheme as per the eligibility criteria applicable to such Scheme. The licence holder shall submit a revised application as given in Appendix -10A of Handbook of Procedure (Vol.1)(incorporating amendment upto 31.3.99) alongwith copies of EPCG licence. No additional document and fee shall be required to be submitted by the licence holder. The Licensing Authority shall issue the licence under zero duty/10% EPCG scheme, as the case may be, without changing the description of items or the CIF value. 7. The first sub-paragraph of paragraph 7.38 shall be amended to read as under: An application for grant of credit under DEPB may be mad .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tion chambers, guns, pumps, economiser". (ii) The description of export product at S. No: 6 shall be corrected to read as under:- " Digital Panel Meter/ Modules for Voltage Current". (iii) The description of export product at S. No: 36 shall be corrected to read as under:- "Quartz Analog Clocks/Time Pieces with or without Alarm/Chime/Pendulum Function Quartz timing mechanism/Movement for the above types of clocks/Time Pieces (in causing)/SKD condition". (iv) The description of export product at S. No: 52(iii) shall be corrected to read as under:- " Capacitor Grade Metalized Plastic Film". (B) Product Group: Textiles, Product Code: 89 (I) The description of export product at S. No: 44 (a), (b) and (c) shall be amended by ad .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates