The new system of import from registered sources will come into effect from 1st October, 2007. However, in cases where Bill of Lading is dated 30th September, 2007 or 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, till the new system of import from registered sources comes into effect.
The Principal notification was published in the Gazette of India, Extraordinary, vide Notification No.36/2001 – Customs (N.T.), dated, the 3rd August, 2001 (S.O.748 (E), dated, the 3rd August, 2001) and was last amended vide Notification No. 22/2007-Customs (N.T.), dated, the 15th March,2007 (S.O.378(E) dated1 5th March,2007)
i) against S.No. 34, in column (3), against items (A), (B) and (C), for the entries in column (4), the entry “50%” shall respectively be substituted; ii) against S.No. 434, for the entry in column (4), the entry “57.5%” shall be substituted.
Whereas, the Central Government had extended the anti-dumping duty on the subject goods originating in, or exported from, the subject country vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 8/2006-Customs dated the 16th February, 2006 [G.S.R. 67(E), dated the 16th February, 2006], up to and inclusive of 5th day of February, 2007.
The trading platforms may be used for executing all trades in listed debt securities issued by all institutions such as Banks, Public Sector Undertakings, Municipal Corporations, bodies corporate and companies.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy – 2004-09, the Central Government hereby amends Schedule – I (Imports) of the ITC(HS) Classifications of Export and Import Items, 2004-09.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy – 2004-09, as amended from time to time, the Central Government hereby amends Schedule – 2 (Export Policy) of the ITC(HS).
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby amends Para-(vi) of “Nature of Restriction” against Sl. No.147 of Chapter 44 of ITC(HS) Classifications of Export & Import Items, 2004-2009 (HS) Classifications of Export and Import Items, 2004-2009
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 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.
The principal notification No.157/1990-Customs, dated the 28th March, 1990, was published in the Gazette of India, Extraordinary, vide G.S.R.405(E), dated the 28th March, 1990 and was last amended by notification No.21/2006-Customs, dated the 1st March, 2006, G.S.R.122(E), dated the 1st March, 2006.
