The domestic manufacturer may also replenish the inputs including components after supply of capital goods the EPCG licence holders. The export obligation relating to the EPCG licence shall be reckoned with reference to the CIF value of the licence actually utilized.
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 64/95-C.E. dated 16th March, 1995 [G.S.R. 256(E), dated the 16th March, 1995] and was last amended by notification No. 46/2000-Central Excise, dated the 28th August, 2000[G.S.R.680(E), dated the 28th August, 2000.
An application for grant of credit under DEPB may be made to the licensing authority concerned in the form given in Appendix-11C alongwith the documents prescribed therein. The provisions of paragraph 7.2 shall be applicable for DEPB also. The FOB value in free foreign exchange shall be converted into Indian rupees as per the authorised dealer’s T/T buying rate, prevalent on the date of negotiation/ purchase/collection of document. The DEPB rate of credit shall be applied on the FOB value so arrived.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance ( Department of Revenue), No. 16/2000-Customs dated the 1st March, 2000.
WHEREAS in the matter of import of Hydroxyl Amine Sulphate falling under sub-heading No. 2825.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from the United States of America, Japan and European Union, the designated authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 4th August, 2000.
In exercise of powers conferred sub-section (4) of section 3A of the Customs Tariff Act, 1975 (51 of 1975) read with sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.37/96-Customs, dated the 23rd July, 1996.
