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

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

 14h March, 2006

Notification No. 27/2006-Customs

In exercise of the powers conferred by sub-section (2) of section 74 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 makes the following further  amendment  in the  notification of  the  Government of  India  in the  Ministry of  Finance  (Department of  Revenue) No.19-Customs, dated  the  6th  February, 1965, S.O. 426, dated the 6th  February, 1965, namely:-

In the said notification, for the Table, the following Table shall be substituted, namely: –

Table

Sl. No. Length of period between the date of clearance for home consumption and the date when the goods are placed under Customs control for export. Percentage of  import  duty to be paid  as Drawback
(1) (2) (3)
1.  Not  more than three months 95%
2.  More than  three months but  not  more than  six  months 85%
3. More than  six months but  not  more than  nine months 75%
4. More than  nine months but  not  more than  twelve months 70%
5. More than  twelve months but  not  more than  fifteen  months 65%
6. More than fifteen  months but  not  more than  eighteen  months 60%
7. More than eighteen months but  not  more than  twenty-one  months 55%
8. More than  twenty-one  months but  not  more than  twenty-four months 50%
9. More than  twenty-four months but  not  more than  twenty-seven  months 45%
10. More than twenty-seven months but  not  more than thirty months 40%
11. More than  thirty months but  not  more than  thirty- three months 35%
12. More than  thirty-three months but  not  more than  thirty-six  months 30%
13. More than  thirty-six months NIL

 F.No.609/13/2005-DBK

Note.-    The  principal notification No. 19-Customs dated the 6th February, 1965, was published vide number S.O. 426, dated the 6th February, 1965, and was last amended by notification No: 45-Customs, dated the 2nd May, 1970, published vide number S.O. 1542, dated the 2nd May, 1970.

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