The principal notification was published in the Gazette of India vide notification No. 62/94-Customs (NT), dated the 21st November, 1994 [S.O.829 (E), dated the 21st November, 1994] and last amended by notification No. 1/2001-Customs (NT), dated the 24th January, 2001.
For the purposes of this notification, rate of exchange applicable for the purposes of calculation of the anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time in exercise of the powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and the relevant date for the determination of the rate of exchange shall be the date of presentation of the “bill of entry” under section 46 of the said Customs Act.
I am directed to refer to Board”s Circular No.53/99-Cus., dated 24.8.1999 as amended by Circular No.70/2000-Cus., dated 30.8.2000 on the above mentioned subject. The said circular was issued to enforce the licensing requirements of the sections 406/407 of the Marine Shipping Act, 1958 for foreign flag vessels which call at Indian Ports
The Indian Sugar and General Industry Export Import Corporation Ltd., (ISGIEIC Ltd.), now known as Indian Sugar Exim Corporation Ltd., shall be sole agency authorized to export white sugar to EEC against the preferential Quota as indicated above.
