Sponsored
    Follow Us:
Sponsored

[ TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II  SECTION 3, SUB-SECTION (i)]

Government of India

Ministry of Finance

(Department of Revenue)

 Notification No. 65/2008-CUSTOMS

New Delhi, the  9th May, 2008

19 Vaisakha, 1930 SAKA

G.S.R (E) –  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 directs that each of the notifications of the  Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, shall be amended or further amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said Table, namely :-

Table

S.No Notification No. and date Amendment
(1)                 (2)       (3)
1. 49/2000-Customs,dated the 27th   April,2000

[Vide G.S.R 365(E), dated

the 27th April, 2000]

In the said notification,-

(a)  after paragraph 3, the following paragraph shall be  inserted, namely,-

” 4. where the total exports of a sector  or product group during the year 2007-08  has declined by more than 5%  as compared to the year 2006-07, the average export obligation of the licencee  for 2007-08 may be reduced proportionate to the reduction in exports of that particular sector /product group during 2007-08 as against 2006-07;”

(b)   in the Explanation,  in clause (4), after  sub-clause       (iii)  the following sub-clause shall be inserted, namely,-

“(iv) shall be, over and above, the average level  of  exports  achieved by the licencee  in the  preceding three licencing years for same and similar products”.

2. 44/2002-Customs, dated the 19th  April,2002

[Vide G.S.R 293(E), dated the 19th April, 2002]

In the said notification,-

(a)     after paragraph 3, the following paragraph shall be      inserted, namely,-

” 4. where the total exports of a sector  or product group during the year 2007-08  has declined by more than 5%  as compared to the year 2006-07, the average export obligation of the licencee  for 2007-08 may be reduced proportionate to the reduction in exports of that particular sector  or product group during 2007-08 as against 2006-07;”

(b)    in the Explanation,  in clause (4), after  sub-clause (iii)  the following sub-clause shall be inserted, namely,-

  “(iv) shall be, over and above, the average level  of  exports      achieved by the licencee  in the  preceding three

licencing years for same and similar products”.

 

3.

 

55/2003-Customs,dated the 1st April,2003

[Vide G.S.R 299(E), dated

the 1st April, 2003]

In the said notification,

(a)  in paragraph 2, in condition (5), –

(i) for the words ” and Vadinar”, the words and brackets “Vadinar and  Haldia (Halida Dock Complex of Kolkata Port)”, shall be substituted;

(ii) for the words “and Indore”, the words and brackets “Indore and   Dabolim (Goa)”,  shall be substituted;

(b)   after paragraph 3, the following paragraph shall be      inserted, namely,-

” 4. where the total exports of a sector or product group during the year 2007-08  has declined by more than 5%  as compared to the year 2006-07, the average export obligation of the licencee  for 2007-08 may be reduced proportionate to the reduction in exports of that particular sector /product group during 2007-08 as against 2006-07;”

(c)    in the Explanation,  in clause (4), after  sub-clause (ii)  the following sub-clause shall be inserted, namely,-

“(iii) shall be, over and above, the average level  of  exports  achieved by the licencee  in the  preceding three licencing years for same and similar products”.

 

4.

 

97/2004-Customs,dated the 17th  September,2004

[Vide G.S.R 620  (E), dated the 17th September, 2004]

In the said notification,

(a)  in paragraph 2, in condition (6), –

(i) for the words ” and Vadinar”, the words and brackets “Vadinar and  Haldia (Halida Dock Complex of Kolkata Port)”, shall be substituted;

(ii) for the words “and Indore”, the words and brackets  “Indore and   Dabolim (Goa)”,  shall be substituted;

(b)  after paragraph 4, the following paragraphs shall be      inserted, namely,-

” 5. where the total exports of a sector or product group during the year 2007-08  has declined by more than 5%  as compared to the year 2006-07, the average export obligation of the licencee  for 2007-08 may be reduced proportionate to the reduction in exports of that particular sector /product group during 2007-08 as against 2006-07″; 

(c)  in the Explanation,  in clause (4), after  sub-clause (ii)    the  following sub-clause shall be inserted, namely,-

“(iii) shall be, over and above, the average level  of  exports  achieved by the licencee  in the  preceding three licencing years for same and similar products”.

[F. No.605/23/2008-DBK ]

(Jagmohan Singh)
Under Secretary to the Government of India.

Note:-

(i) The Principal notification No.49/2000-Customs, dated the 27th  April, 2000 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (1) vide number G.S.R 365   (E), dated the 27th  April, 2000 and was last amended by notification No.65/2004-Customs, dated the 22nd June,2004 vide number G.S.R  376 (E), dated 22nd June, 2004                     .

(ii) The Principal notification No.44/2002-Customs, dated the 19th  April, 2002 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (1) vide number G.S.R  293  (E), dated the 19th  April, 2002 and was last amended by notification No.65/2004-Customs, dated the 22nd June,2004 vide number G.S.R 376 (E), dated 22nd June, 2004.                 .

(iii) The Principal notification No.55/2003-Customs, dated the 1st April, 2003 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (1) vide number G.S.R 299(E), dated the 1st April, 2003 and was last amended by notification No.116/2007-Customs, dated the 30th November, 2007 vide number G.S.R 745 (E), dated 30th November, 2007.

(iv) The Principal notification No.97/2004-Customs, dated the 17th September, 2004 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (1) vide number G.S.R 620 (E), dated the 17th September, 2004 and was last amended by notification No.116/2007-Customs, dated the 30th November, 2007 vide number G.S.R 745 (E), dated 30th November, 2007.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031