Circular No. 476/42/99-CX On the question of review/scrutiny of CEGAT orders involving any question having a relation to the rate of duty of Excise or to the valuation of goods for purposes of assessment, and filing civil appeals to the Hon”ble Supreme Court in appropriate cases, the Board has issued various instructions from time to time. As early as 1993, in view of the judgements of the Hon”ble Supreme Court in C.A. No. 2674 (NM)/1992 in the matter of CCE, Chandigarh v.
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No.22 of 1992) read with paragraph 4.11 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendment in Schedule 2 Table B of the book titled ITC(HS) Classifications of Export and Import items 1997-2002.
Circular No. 475/41/99-CX It has been brought to the notice of the Board that after the new levy under section 3A of the Central Excise Act, 1944 production), the exporters of such goods were not aware as to what procedure should have been followed. Few exports were effected by indicating / writing on export documents (AR-4, Export Invoice, etc.) that the exports were under bond.
It is clarified that the restrictions regarding minimum import prices for steel items listed in the aforesaid Notifications will not be applicable to imports made under Advance Licences, Annual Advance Licences, Special Imprest Licences and Advance Intermediate Licences; and imports made by EOUs & units in EPZ.
In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items , 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time, namel
I am directed to invite your attention on the above subject and to state that a doubt has been raised as to whether “Human Chorionic Gonadotrophin” would be eligible for exemption from Customs duty as applicable to Life Saving Drugs/Medicines under Notification No. 20/99-Cus. dated 28.2.99 or at the rate of 15% as applicable to veterinary drugs and other goods under the said Notification. The
Circular No. 474/40/99-CX I am directed to invite your attention to sub-rule 5 of Rule 173G of the Central Excise Rules, 1944 which requires every assessee to furnish to the Proper Officer a list in duplicate, of all accounts maintained and returns prepared by him (whether the same are maintained or prepared in pursuance of these rules or not), in regard to production, manufacture, storage, delivery
Cases where EPCG Committees took a decision to grant second hand EPCG licences before 31-3-1999 but licence could not be issued. In such cases, applicants shall have the option of converting their EPCG applications into restricted import licence applications and for that they may submit only a revised application in Appendix 8 of the Handbook of Procedures.
In exercise of the powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II, Section 3- Sub- Section (ii) vide S.O. No.283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the following amendments in the Public Notice No.18 (RE:99)/1997-2002 dated 1st July, 1999.
while accepting the recommendations of Dr L C Gupta Committee, had appointed a group under Prof. J R Varma to recommend measures for risk containment for derivatives market in India