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Archive: 03 June 1997

Posts in 03 June 1997

This notification exempts the goods imported for the purpose of manufacture of articles for export or for use in a 100% EOU

June 3, 1997 6229 Views 0 comment Print

rovided that both supplying and receiving unit shall maintain account for the quantity of consumables and raw materials used in generation of each unit of power so transferred as quantified on the basis of norms approved by the said Board, for the purpose of calculation of Net Foreign Exchange earning as a Percentage of Export.

DEPB Scheme – Present Market Value (PMV) of Export Goods – Parameters for Verfication by Customs

June 3, 1997 36940 Views 0 comment Print

Attention is invited to Circular No. 10/ 97-Cus dated 17th April, 1997 whereby detailed guidelines for operation of Duty Entitlement Pass-Book Scheme were issued. The said Circular provides for the exporters to declare in the Shipping Bill, the Serial No. of the export products in the Public Notice issued by the DGFT and the rate claimed. It was further provided that correctness of this declaration

Import of Goods for Re-export after processing, repairing etc.- Period of re-export to be reckoned from date of clearance

June 3, 1997 2788 Views 0 comment Print

I am directed to refer to notification No. 158 / 95 Customs dated 14.11.1995 for exemption from the whole of duties of Customs on goods manufactured in India, when reimported into India for the purpose of repairs, reconditioning, reprocessing, refining, remaking or similar other process and to say that doubt has arisen whether the period of six months shall be calculated from the date of filling

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