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TMI BlogRegarding implementation of Advance Authorisation Scheme for export of prohibited goods under FTP 2015-2020X X X X Extracts X X X X X X X X Extracts X X X X ..... nto India against an Advance Authorisation issued in terms of paragraph 4.03 read with paragraph 4.18 (i) of the Foreign Trade Policy meant for export of a prohibited item in terms of paragraph 4.05 of the Handbook of Procedures (hereinafter referred to as the said authorisation) from the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 to 1975) (hereinafter referred to as Customs Tariff Act) and 2 [from the whole of the additional duty leviable thereon under sub-sections (1), (3) and (5) of section 3, integrated tax leviable thereon under sub-section (7) of section 3, the Goods and services tax compensation cess leviable thereon under sub-section (9) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch the conditions specified in this notification are not complied with, together with interest at the rate of fifteen per cent. per annum from the date of clearance of the said materials; (vi) that the imports under the said authorisation and the subsequent exports for fulfilling the export obligation are undertaken only through the seaports or airports or Inland Container Depots or Land Customs Stations which are specified in the Table below:- Table S. No. EDI- enabled Port/ ICD/LCS Located at 1. Seaport Bedi (including Rozi-Jamnagar), Chennai, Cochin, Dahej, Kakinada, Kandla, Kattupalli (Tamil Nadu), Kolkata, Krishnap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s) is discharged within ninety days from the date of clearance of imported materials by exporting the resultant product (specified in the said authorisation),- a) which is manufactured in India using the material imported against the said authorisation; and b) in respect of which the facility under rule 18 (rebate of duty paid on materials used in manufacture) or sub-rule (2) of rule 19 of the Central Excise Rules, 2002 has not been availed; (viii) that the Authorisation Holder fulfills the export obligation, including the stipulated value addition; (ix) that nothing contained in the provisions of Para 4.49 of Handbook of Procedures shall be applicable in relation to the said authorisation; (x) that at th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oner of Customs or Assistant Commissioner of Customs, as the case may be, as the materials which were imported. Explanation. - For the purpose of this notification, - (I) Foreign Trade Policy means the Foreign Trade Policy, 2015-2020 , published by the Government of India in the Ministry of Commerce and Industry vide notification No. 01/2015-2020, dated the 1st April 2015 as amended from time to time; (II) Handbook of Procedures means the Handbook of Procedures 2015-20 published by the Government of India in the Ministry of Commerce and Industry vide public notice No. 01/2015-2020, dated the 1st April 2015 as amended from time to time; (III) Manufacture has the same meaning as assigned to it in paragraph 9.31 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctober, 2018.] 6. Substituted vide Notification No. 08/2019-Customs dated 25-03-2019 before it was read as 5 [ 31st March, 2019] 7. Substituted vide Notification No. 18/2020- Customs dated 30-03-2020 before it was read as 6 [ 31st March, 2020 ] 8. Substituted vide Notification No. 23/2021- Customs dated 31-03-2021 before it was read as 7 [ 31 st March, 2021 ] 9. Substituted vide NOTIFICATION NO. 19/2022-Customs dated 31-03-2022 before it was read as, 8 [ 31 st March, 2022 ] 10. Omitted vide NOTIFICATION No. 37/2022- Customs dated 30-06-2022 before it was read as, 3 [(xiii) that the exemption from integrated tax and the goods and services tax compensation cess leviabl ..... X X X X Extracts X X X X X X X X Extracts X X X X
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