Commissioner of Customs (Preventive), New Delhi has brought a case of misuse of Duty Drawback Scheme where the exporters tried to avail benefits of Drawback Scheme by misdeclaring export goods as ‘leather harness’ whereas on an actual examination the consignments were found to contain rags of leather hunters/whips on which no drawback is admissible. This case has been made by Preventive Commissionerate at ICD, Patparganj and another container of the same intelligence has been detained at Nhava Sheva for investigation.
The Engineering Export Promotion Council has represented that duty drawback rates in respect of these products have been determined by taking into consideration only ‘Steel’ as the input. Therefore, they should be permitted to avail of the Cenvat facility as regards the other inputs other than ‘Steel’, for example, consumables, furnace oil, high speed diesel oil, light diesel oil, superior kerosene oil, machinery spares, die blocks, etc.
The principal notification No. 105/99-Customs, dated the 10th August, 1999 was published in the Gazette of India Extraordinary vide G.S.R 582 (E), dated the 10th August, 1999 and was last amended by notification No. 145/2002-Customs, dated the 31st December, 2002.
Circular No. 690/06/2003-CX I am directed to say that doubts have been raised regarding leviability of Central Excise Duty on “Steel Formers” consumed captively in the Induction Furnaces. “Steel formers” are hollow cylindrical profiles. They are placed inside the crucible of the Induction Furnace. The space between the crucible and the former is packed with ramming mass (mixture of Sodium Silicate & Boric Acid) and asbestos sheets. Then the hollow portion inside the former is charged with scrap iron, sponge iron, etc.
directed to forward here with a copy of the Companies (Amendment) Act, 2002 published in the Gazette of India (Extraordinary) on 1st January, 2003 for your information and necessary action.
DGFT Notification No. 25/2002-2007 amends the policy on garlic imports, making it free from restrictions under Exim Code 07032030.
In exercise of the powers conferred by sub-rule (1) of rule 3 of the Customs Tariff (Transitional Product Specific Safeguard Duty) Rules, 2002, and in supersession of notifications of the Government of India in the erstwhile Ministry of Finance (Department of Revenue) No. 45/97-Customs(NT), issued vide G.S.R. No. 542(E), dated the 16th September, 1997 and No. 42/2002-Customs(NT), issued vide G.S.R. No. 464(E) dated 28th June, 2002, except as respect things done or omitted to be done before such supersessions, the Central Government hereby appoints Shri B. K. Mishra, Director General (Safeguard), as Director General (Specific Safeguard) for the purposes of the said rules.
In continuation to this Department’s General Circular No. 9/2002 dated 18.4.2002, it is clarified that for Housing Finance Companies registered with the National Housing Bank under Housing Finance Companies (NHB) Directions, 2001
I am directed to forward herewith a copy of the Notifications published in the Gazette of India (Extraordinary) for your information and necessary action:-
Henceforth whenever the Development Commissioner receives proposals for sale of surplus power, it would be examined in consultation with the State Government, including State Electricity Board. This shall, however, not apply to sale of power within the EPZ/ SEZ. The Development Commissioner will report the norms on raw materials and consumables required for generation of a unit of power for consideration and approval by the Board of Approval.
