In exercise of powers conferred under Paragraph 2.4 of the Export and Import Policy, 2002-2007 and Paragraph 1.1 of Handbook of procedures, (Vol.1) , 2002-2007, the Director General of Foreign Trade hereby makes the following amendments in the Public Notice No.38 (RE-99)/1997-2002 dated 5.11.1999 vide which transitional arrangements were notified allowing deemed export benefits to the power projects mentioned on the subject.
In exercise of powers conferred by sub-section (1) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby rescinds the notification of the Government of India in the erstwhile Ministry of Finance (Department of Revenue), No. 91/2001-Customs, dated the 7th day of September, 2001 [G.S.R 649 (E), dated the 7th day of September, 2001], except as respects things done or omitted to be done before such rescission.
The anti dumping duty shall be paid in Indian currency and rate of exchange applicable for the purposes of calculation of such 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 conferred under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act and the relevant date for 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.
For the purposes of this notification, the anti-dumping duty shall be calculated in Indian currency and the rate of exchange applicable for the purposes of calculation of such 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.
Therefore, in exercise of the powers conferred by sub-sections (1), (2), (5) and (6) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 13 and 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby makes the following amendment in the notification of the Government of India in the erstwhile Ministry of Finance (Department of Revenue), No.77/97-Customs, dated the 21st October, 1997, namely.
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 erstwhile Ministry of Finance (Department of Revenue), No. 25 / 1999-Customs, dated the 28th February, 1999, namely.
