9911796707
TMI BlogExemption to materials imported into India, against a Self Declared Pass Book issued in terms of para 54 of the Export and Import Policy April 1992 to March, 1997X X X X Extracts X X X X X X X X Extracts X X X X ..... into India, against a Self Declared Pass Book issued in terms of para 54 of the Export and Import Policy, 1st April, 1992 - 31st March, 1997, from the whole of the duty of Customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and from the whole of the additional duty leviable thereon 1[ under sub-sections (1), (3) and (5) of section 3 ] of the said Customs Tariff Act, subject to the following conditions, namely:- (i) that the materials imported are covered by a Self Declared Pass Book (hereinafter referred to as the said Pass Book), issued in the format prescribed under Annexure II to the Public Notice of the Government of India in the Ministry of Commerce, No.37/92-97, dated the 12 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and Madras, or through any of the Inland Container Depots at Bangalore, Coimbatore, Delhi, New Gauhati Goods Shed, Moradabad, Ludhiana and Hyderabad: Provided that the Commissioner of Customs may by special order and subject to such conditions as may be specified by him, permit imports and exports from any other sea port, airport, land customs station or inland container depot; (v) that the export obligation is discharged, within two years of issue of the said Pass Book or within such extended period as may be granted by the Director General of Foreign Trade, by exporting goods manufactured in India in respect of which - (a) no input stage credit is obtained under rule 56A or 57A of the Central Excise Rules, 1944 (hereinafter referre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ct of which the benefit of this notification is claimed shall be utilised by the importer in his own factory or in the factory of any other manufacturer indicated in the said pass book even after discharge of export obligation and realisation of export proceeds. Explanation :- In this Notification - (i) "Export and Import Policy April 1992 - March 1997" means the Export and Import Policy 1 April 1992 - 31 March 1997 published vide Public Notice of the Government of India in the Ministry of Commerce No.1-ITC(PN)/92-97, dated the 31st March, 1992 as amended from time to time; (ii) "Licensing Authority" means the Director General of Foreign Trade appointed under the Foreign Trade (Development and Regulation) Act, 1992 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
