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Exemption to consumables for manufacture of Gem & Jewellery or cut & polished diamonds to holders of Replenishment and Licence and gold and silver imported under specified schemes - Seeks to amend Notifications of G&J and EOU schemes-reg, 2023

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..... India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed shall be amended or further amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said Table, namely:- TABLE Serial Number Notification number and date Amendments (1) (2) (3) 1. 41/99 - Customs dated 28.04.1999 [G.S.R. 289 (E), dated the 28th April, 1999] In the said Notification, for the words, letters, and figures "Replenishment Authorisation referred to in para 4.36 of the Foreign Trade Policy, 2015 - 2020 notified by the Government of India in the Ministry of Commerce and Industry published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), vi .....

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..... April, 2023" 3. 56/2000- Customs, dated the 5th May, 2000 [G.S.R. 399 (E), dated the 5th May, 2000] In the said Notification, (1) in the opening paragraph, for the words, and figures "paragraph 4.45" the words, and figures "paragraph 4.44" shall be substituted; (2) in the Explanation, - i. for clause (a), the following clause shall be substituted, namely: - "(a) 'Foreign Trade Policy' means Foreign Trade Policy, 2023 notified by the Government of India, Ministry of Commerce and Industry published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub- section (ii) vide Notification No 01/2023, dated the 31st March, 2023."; ii. for clause (b), the following clause shall be substituted, namely: - "(b) 'Handbook of Procedure .....

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..... d India Limited (DIL); (4) any bank as authorised by Reserve Bank of India as Nominated Agency". 5. 60/2002-Customs, dated the 7th June, 2002 [G.S.R. 416 (E), dated the 7th June, 2002] In the said Notification, - (1) in clause (ii), for the figures "4.35", the figures "4.34" shall be substituted; (2) for the Explanation, the following shall be substituted, namely: - "Explanation. - 'Foreign Trade Policy' means Foreign Trade Policy, 2023 notified by the Government of India, Ministry of Commerce and Industry published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub- section (ii) vide Notification No 1/2023, dated the 31st March, 2023.". 6. 52/2003-Customs, dated the 31st March,2003 [G.S.R. 274 (E), dated the 31st Marc .....

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..... 3"; b. for clause (vi), the following clause shall be substituted, namely: - "(vi) 'Handbook of Procedures' means Handbook of Procedures notified by the Government of India in the Ministry of Commerce and Industry published in the Gazette of India, Extraordinary, Part-I, Section 1 vide Public Notice No. 1/2023, dated the 1st April, 2023"; c. for clause (viii), the following clause shall be substituted, namely: - "(viii) 'Nominated agencies' means, - (5) Handicraft and Handloom Export Corporation (HHEC); (6) MSTC Ltd; (7) Diamond India Limited (DIL); (8) any bank as authorised by Reserve Bank of India as Nominated Agency"; d. in clause (xii), for the words, and figures "Foreign Trade Policy, 2015-20", the words "Foreign Trade Policy .....

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..... l be substituted, namely: - "(a) 'Foreign Trade Policy' means Foreign Trade Policy, 2023 notified by the Government of India, Ministry of Commerce and Industry published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub- section (ii) vide Notification No 1/2023, dated the 31st March, 2023.; b. for clause (b), the following clause shall be substituted, namely: - "(b) 'Handbook of Procedures' means Handbook of Procedures, 2023 notified by the Government of India in the Ministry of Commerce and Industry published in the Gazette of India, Extraordinary, Part-I, Section-I vide Public Notice No 01/2023, dated the 1st April, 2023." [F. No. DGEP/1/EOU & GnJ/2023] DHANANJAY SINGH, Under Secy. Note: - 1. The principal Notificatio .....

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..... n No 26/2017 - Customs dated the 29th June 2017 published vide G.S.R. 727 (E), dated the 29th June 2017; 6. The principal Notification No 52/2003-Customs, dated the 31st March 2003, was published vide G.S.R. 274 (E), dated the 31st March 2003, and was last amended by Notification No 37/2022 - Customs dated the 30th June 2022 published vide G.S.R. 501 (E), dated the 1st July 2022. 7. The principal Notification No 09/2012-Customs, dated the 9th March 2012, was published vide G.S.R. 129 (E), dated the 9th March 2012, and was last amended by Notification No 30/2020 - Customs dated the 10th July 2020 published vide G.S.R. 439 (E), dated the 10th July 2020; 8. The principal Notification No 40/2015-Customs, dated the 21st July 2015, was publish .....

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