Notification No. 03 (RE-2006) announces the export limit for stone aggregate (270,000 MT) and river sand (300,000 MT) for the financial year 2006-2007.
(a) Bangalore Unloading of imported goods and the loading of exports goods or any class of such goods, (b) Mangalore Unloading of baggage and the loading of baggage.
Public Notice No. 06 (RE-2006) updates rules for export units in agriculture, horticulture, and aquaculture, requiring bank guarantees for units under two years.
I am directed to refer to Board’s Circular No. 581/18/2001-CX dated 29th June, 2001 which interalia, specifies conditions, procedures, class of exporters and places under sub-rule (2) of rule 20 of Central Excise Rules, 2002 for warehousing of excisable goods for the purpose of export. In paragraph 2(2) of the said Circular, the Board has specified places where warehouses may be established.
Where the materials are found defective or unfit for use, the said materials may be re-exported back to the foreign supplier within three years from the date of payment of duty on the importation thereof : Provided that at the time of re-export the materials are identified to the satisfaction of the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be, as the materials which were imported.
he undersigned is directed to refer to the above mentioned Policy Circular No. 29(RE-2005)/2004-09 dated 06.10.2005 and to say that last sentence of para 8 of Policy Circular may be corrected to read.
In exercise of the powers conferred by sub-section (2) of Section 14 of the Customs Act, 1962, (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue).
The principal notification No. 69/2001- CUSTOMS dated the 26th June, 2001 was published vide number GSR 461(E) dated the 26th June 2001 and was subsequently amended by notification No. 98/2005-Customs, dated 25th November, 2005, GSR 689 (E) dated the 25th November, 2005.
The principal notification number 74/2005-Customs, dated the 22nd July, 2005 was published in the Gazette of India, vide G.S.R number 499(E), dated the 22nd July 2005. The principal notification number 75/2005-Customs, dated the 22nd July, 2005 was published in the Gazette of India, vide G.S.R number 500(E), dated the 22nd July 2005.
The new system of import from registered sources will come into effect from 1st April, 2006. However, in cases where Bill of Lading is dated 1st August, 2006 and before,imports will be allowed on the basis of Pre-Shipment Inspection regime in terms of Para 2.32 of the Handbook of Procedures (Vol.1), notified vide Public Notice No. 1 dated 8th April, 2005 and as amended from time to time.
