Circular No. 389/22/98-CX I am directed to draw your attention to Notification 8/87-CE dated 1.3.97 which exempts the finished products, rejects, wastes or scraps specified in the Schedule to the CEntral Excise Tariff Act, 1985 and produced or manufactured, in a 100% EOU or FTZ wholly from the raw materials produced or manufactured, in India and sold the DTA from the raw materials produced or manufactured,
Circular No. 388/21/98-CX I am directed to draw your attention to rule 173MM of the Central Excise Rules, 1944 which permits entry of exported goods which are re-imported and returned to the factory, and the corresponding procedure contained in Para 14 of the Board”s Circular No. 87/87/94-CX dated 26.12.1994, whereby Commissioners is the competent authority to grant permission. It has been represented to the Board that the procedure should be simplified and the jurisdictional Assistant Commissioner of Central Excise should be authorised to give such permission.
In exercise of the powers conferred by sub-section (1) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rule 18 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, on the basis of the final findings of the designated authority, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 27th March, 1998.
Attention is invited to the Board’s Circular No. 5/97-Cus. dated 14.3.97 outlining the procedure for monitoring the fulfilment of export obligation under EPCG Scheme. Thereafter on 1.4.97, two Notification Nos. 28/97-Cus. and 29/97-Cus. both dated 1.4.97 were issued under EPCG Scheme consequent to announcement of new EXIM Policy for the period 1997-2002. Notification No. 28/97-Cus.
Ministry of Commerce have published a revised Export & Import Policy for the period 1997-2002 on 13.4.98. The changes in the Exim Policy take effect from 13.4.98. As a result the Export Promotion Capital Goods Scheme (EPCG Scheme) and Duty Exemption Scheme in the revised Exim Policy have under gone changes. In order to give effect to these changes, Notification Nos. 8/98-Cus,
Attention is invited to Ministry of Commerce (Import Trade Control) Public Notice No.74-ITC(PN)/85-88 dated the 21st February, 1986 on the subject mentioned above. It is hereby informed that in pursuance of the relevant provisions contained in the Indo-USSR deferred payments protocol dated the 30th April, 1981 and 23rd December, 1985.
This notification is issued for continuance of deemed export benefits for supplies made to Thermal Power Project of MPEB in the wake of withdrawal of World Bank Loan for this project subject to the terms and conditions mentioned in the foregoing Paragraph and in Appendix XVIII of the Hand-Book of Procedures (March, 1994 edition).
