A number of instances have come to the notice of the Board where 100% EOUs had imported capital goods, raw materials and other permissible items under Notification No. 13/81-Cus. dated 9/2/81 but have failed to export any goods or have closed down after exporting a few consignments. A question has been raised as to the stage at which the customs
Your attention is invited to Ministry’s instructions of even number dated the 4th January, 1995 (Circular N0. 1/95) and Subsequent telex dated 13th January, 1995 regarding filing of Ar-4 along with the Shipping Bills
Ministry of Commerce vide their Notification No. 53/ RE/ 92-97 dated the 1st March, 1995 have notified Engineering Products Export (Replenishment of Iron and Steel Intermediates) Scheme. To give effect to this scheme which permits duty free import of
In supersession of Ministry’s instruction contained in circular F.No. 574/ 5/ 77-LC – II dated 1.1.79 and F.No. 581/ 8/ 92-LC dated 30.11.92 regarding issue of passes to mechanised and non-mechanised fishing vessels, I am directed to say that it has now been decided that the periodicity for for renewal of fishing passes should be as under
Circular No.108/19/95-CX Some doubts have been raised whether the expression “the exporters can be permitted to reverse the credit taken in respect of inputs used in the exported finished product with reference to the actual amount of duty credit taken
Circular No. 107/18/95-CX Boards circular No. 69/69/94-CX dated 24.10.94 provided that a registration certificate issued under Rule 174 is valid only for the premises specified in such certificates therefore, registration cannot be granted to person who does not have proper premises for conducting his business and for receipt storage and dispatch of goods.
Circular No. 106/17/95-CX I am directed to refer to Board”s Circular No. 46/88-CX.6 dated 8.6.88 issued from F.No. 209/236/87-CX.6 dated 8.6.88 providing for execution of Bond by M/s. TELCO on behalf of their job workers for supply of chassis to them for building bony under erstwhile rule 191B and thereafter export
Circular No. 105/16/95-CX I am directed to say that doubt has been raised as to whether the said rules provide for manufacture – in -bond of only excisable goods or also of non-excisable goods. Another doubt has been raised whether duty is required to be paid on such intermediate goods or packing material which are used for manufacture- in -bond of export goods
SEBI is examining the question of appointing a Compliance Officer for each stock exchange whose function would be to ensure that violations of stock exchange rules and regulations do not remain undetected or unreported.
The undersigned is directed by say that in terms of para 129 of the Exim Policy (1992-97), bonafide personal baggage of a passenger ins permitted to be exported as accompanied or unaccompanied baggage. Instances have, however, been brought to the notice or the Board where passengers, especially passengers leaving for CIS countries, Pakistan. Thailand etc., were exporting in their
