F.No.B-10/2/2000-TRU I am directed to say that the scheme of assessment under section 4A of the Central Excise Act, 1944, has been extended to 16 more commodities. Notification No. 52/2000(NT) dated 16th November, 2000 has been issued in this regard.
Notification 42(RE-2000) updates the ITC(HS) classification, listing Alabaster as a free import item under the Export and Import Policy.
Pursuant to the discussions and the decisions of the Group on Risk Management in Equity Markets the following are the risk containment measures for the rolling settlement and for the products of CNS, CFRS and the ALBRS
WHEREAS in the matter of import of Polyester film, falling under sub-heading No. 3920.69 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from People’s Republic of Korea and Indonesia, the designated authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 14th August, 2000.
The matter has been considered in ALC 22/01 dated 5.10.2000. During the meeting it has been pointed out that while allowing the import of Horns and Hoofs, sensitivity of “Mad Cow Disease” is to be examined and thus it has been decided that hereafter no advance licence should be issued by RLAs for import of items like Horn, Hoof & other organs of animals under Para 7.5 of Hand Book of Procedure (Vol.I). All applications for import of such items should be forwarded to Headquarters for consideration.
Attention is invited to Policy Circular No. 17 dated 14th July, 2000 containing the guidelines for the import of cars, microbuses etc by the Hotel industry and the Tourism Industry under 5% EPCG scheme. Under the present dispensation, both the Hotel and the Tourism Industry are required to execute the bank guarantee (BG), to the extent of 100% of the duty saved amount on import of car under the 5% EPCG Scheme, irrespective of the status of the licence holder.
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 amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 50/2000-Customs, dated the 27th April, 2000.
In pursuance of sub-section (2) of section 20 of the Indian Stamp Act, 1899 (2 of 1899) and sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following amendments in the Notification of the Government of India, Ministry of Finance, Department of Revenue, No. 70/2000-NT-Cus., [S.O. 1056 (E)], dated 27th November, 2000 (import goods), namely :- In the Schedule-I of the said Notification for serial No. 12 and the entries relating thereto, the foll
In exercise of the powers conferred by sub-section (1) of the section 5 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following rules further to amend the Customs Tariff (Determination of origin of Goods under the Agreement on SAARC Preferential Trading Arrangement) Rules, 1995, namely:-
of section 3 of the Additional Duties of Excise (Textile and Textile Articles ) Act, 1978 (40 of 1978), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), number 32/99-Central Excise, dated the 8th July 1999, namely.
