Circular No. 59/97-Cus.
dated 10/ 11/ 97
Ministry of Finance,
Department of Revenue
(Central Board of Excise and Customs)
F.T.T. Section, New Delhi

Subject : Inclusion of Visakhapatnam EPZ in Notification No. 177/94-Cus – To enable setting up of Jewellery Units in the  Zone

   I am directed to enclose a copy of the Notification No. 83/ 97-Cus dated 27.10.97 and to say that the Visakhapatnam Export Processing Zone (VEPZ) is functioning since 1994-95. It was not included in the Notification No. 177/ 94-Cus. governing Gem & Jewellery in the EPZ / FTZ as there were no jewellery units earlier. Notification No. 83 / 97-Cus dated 27.10.97 amends notification No. 177/ 94-Cus. dated 21.10.94 to include VEPZ in Annexure II of the said Notification. This amendment will facilitate Gems & Jewellery Units set up in the VEPZ to source specified goods duty free. Visakhapatnam, Mumbai, Chennai, Hyderabad have also been notified as airports through which export of Gem & Jewellery manufactured in units set up in VEPZ can be exported.

2.   You are requested to give wide publicity to the above said notification by issue of Public Notice.

(O.P. Khanduja)
Senior Technical Officer
(FTT Section)

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