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It has been brought to the notice of the Board that in respect of several item of imports wide variation between the declared import values and normal prices or prices indicated in accredited journals which publish traded prices for various commodities is being observed. In particular, commodities prone to such under-declaration of value are stated to be polymers such as LDPE, HDPE, PP,
In supersession of the Office Memorandum dated 8th October, 1996 , the Hon”ble FM has approved the following guidelines for consideration of request for exemption from Customs duty under section 25(2) of the Customs Act, 1962, as amended by the Finance Act, 1999
Public Notice No. 13 (1999) extends deemed export benefits for goods supplied to specified mega power projects as per Exim Policy and Revenue Notification 63/99.
Notification No. 14 (1999) revises Export-Import Policy, including supplies to refineries and mega power projects. Issued under the Foreign Trade Act, 1992.
