The principal notification No.140/91-Customs, dated the 22nd October 1991, was issued vide G.S.R. 641(E), dated the 22nd October 1991, and was last amended by notification number 56/2001-Customs, dated the 18th May, 2001, issued vide G.S.R.377(E), dated 18th May, 2001.
For the purposes of this notification, rate of exchange applicable for the purposes of calculation of 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.
Clarifications have been sought, whether the condition of registration of import contract on import of katha from Nepal as stipulated in the aforementioned public notice are still applicable. In this regard, it is clarified that since quantitative restrictions on import of katha have already been removed, the public notice no. 45-ITC (PN)/81 dated 05.09.1981 is no more in operation.
The principal notification 1/95-Central Excise, dated the 4th January, 1995, vide G.S.R. 8(E), dated 4-1-95, and was amended by notification number 29/2001-Central Excise, dated the 18th May, 2001 issued vide G.S.R. 378(E) dated 18th May, 2001.
