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The principal notification was published in the Gazette of India videG.S.R. 409(E), dated the 1st June, 2001, and it was amended vide notification No.30/2001-Customs(N.T.) dated the 22nd June,2001 videG.S.R.No.451(E) and notification No.50/2001-Customs(N.T.) dated the 4th October, 2001.
In exercise of the powers conferred by sub-clause (a) of sub-section (3) of Section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.56/2001-NT-Customs, [S.O.1061(E)] dated the 25th October, 2001 the Central Government hereby determines for the purposes of said section in so far as these relate to export goods, that the rate of exchange of conversion of each of the foreign currency specified in the column (2) of Schedule I and Schedule II appended hereto into Indian Currency or vice versa shall, with effect from the 1st December, 2001
In exercise of the powers conferred by 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 Customs Act, 1962 (52 of 1962) and in supercession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.55/2001-NT-Customs, [S.O.1060(E)] dated the 25th October, 2001 the Central Government hereby.
Representations have been received from the trade that field formations have not been allowing All Industry Rates of Drawback fixed for Ready-made Garments to Embroidered Garments and the rates fixed for Textile Made-ups to Quilted Textile Made-ups.
Suitable public notice for information of the trade and standing orders for guidance of the staff may kindly be issued accordingly.
