"04 February 1997" Archive

Drawback Recovery where Export Sale – Proceeds not Realiised

Circular No. 3/97-Custom Duty 04/02/1997

Attention is invited to changes made in Customs and Central Excise Duties Drawback Rules, 1995 by Notification No. 72/95-Customs and Central Excise (NT) dated the 6th December, 1995. By the aforesaid notification Rule 16A was introduced prescribing the procedure for recovery of drawback paid where export proceeds were not realised by the ...

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Circular No. 2/97-Custom Duty Dated 4/2/1997

Circular No. 2/97-Custom Duty 04/02/1997

I am directed to say that a scheme has been framed by the Government for import of rough diamonds and export of cut & polished diamonds in terms of Para 79 A of the exim policy. Appendix-I of the policy provides for import of special industrial adhesives etc. to facilitate the export of cut & polished diamonds. Accordingly Notification No...

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