Stay updated on custom duty notifications for changes in import/export regulations, tariffs, and trade facilitation measures. Get the latest updates on duty exemptions, preferential trade agreements, and compliance requirements through custom duty notifications.
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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 exempts goods when imported into India against a duty free entitlement credit certificate.
I am directed to invite your attention to the Board’s Circular No. 65/2002-Cus dated 7-10-2002 on the above subject. Now, it has been brought to the notice of the Board that in the said Circular, as per condition 2(a), EOUs or EHTP/STP/SEZ units are required to furnish details of the value addition to be achieved by the job worker, among other things, at the time of making an application for permission of sub-contracting in DTA. It has been requested that this information should not be insisted upon as often, it is not possible to workout such value addition and therefore, the unit finds it difficult to furnish the same.
In order to monitor revenue outflow under this scheme, the Custom Houses located at the notified places shall send a monthly report containing details of CIF value of goods imported and amount of duty foregone under the Scheme on the 10th of the succeeding month to JS(DBK). Customs Notification No.53/2003-Cus. dated 1.4.2003 refers in this regard. The first such report shall be sent by 10th May, 2003.
Drawback shall be disbursed to the SEZ Unit receiving supplies from DTA Unit on the basis of a disclaimer certificate given by the DTA Unit in favour of SEZ Unit. The drawback amount so calculated shall be disbursed either by cheque or by directly crediting into the account of the SEZ Unit maintained by designated branch operating at the SEZ Complex.
The Ministry has announced the revised All Industry Rates of Duty Drawback for the year 2003-2004 vide notification no.26/2003-Cus (N.T.) dated 1.4.2003. These rates shall come into effect from 7.4.2003. Thus the existing rates shall remain in force till 6.4.2003.
The whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 ( 51 of 1975) and the additional duty, if any, leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely.
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 rescinds the following notifications of the Government of India in the erstwhile Ministry of Finance (Department of Revenue) on and from the 1st April, 2003, namely.
The principal notification No. 82/2002-Cus, dated the 13th August, 2002, was issued vide G.S.R. 563 (E), dated the 13th August, 2002.
I am directed to invite your attention to the Board’s Circular No. 38/2002-Cus, dated 1-7-2002 whereunder, among other things, a procedure for sale of surplus power in DTA by EOUs and units in EPZ/STP/EHTP/SEZ has been laid down. It has been clarified in paragraph 26 of the said Circular that the surplus power so sold in DTA may be adjusted against the DTA sale entitlement of the units in terms of value.
A separate provision has been made to enable the Govt. hospitals to import small quantities of essential new drugs for the treatment of their own patients. The fee for such import licences has been kept Rs. 100/- for a single drug and the rate of Rs. 50/- for each additional drug.
