Para 4.40 of the Handbook of Procedures (Vol 1) allows certain notified ports to be treated as a single port for the purposes of imports and exports. However, the present distributed architecture of the Customs electronic system does not allow import clearances from all the notified ports in the same city. Therefore, the Regional Licensing Authorities will issue all Licences for a single notified Port only along with the unique six digit Location Code of the Customs ‘Port of Registration’ to facilitate speedy clearances against the licences issued.
Your attention is invited to Board’s Circular No. 31/2003-Cus dated the 7th April,2003 on the above subject. As per existing instructions, in the port cities, the administrative control over all the EOUs including EHTP and STP units falling within the territorial jurisdiction of Commissioner of Customs shall be with the Commissioner of Customs. At other places, the administrative control over EOU/EHTP/STP units shall be with jurisdictional Commissioner of Central Excise. The only exception will be in respect of Bangalore Customs.
Un-denatured ethyl alcohol of strength 80% or higher is classifiable under sub-heading 2207.10 whereas denatured ethyl alcohol is classifiable under sub-heading 2207.20. Denatured ethyl alcohol attracts concessional rate of customs duty @10% basic under Notification No. 21/2002-Cus., dated 1.3.2002 (Sl.No.50) as against 150% basic on un-denatured ethyl alcohol. Ethyl alcohol is imported in un-denatured form, whether for use as such (e.g. potable type) or for industrial use. In case of latter use, ethyl alcohol requires to be denatured before clearance.
I am directed to invite your attention to above subject and to say that field formations have represented about the varying practices followed in sealing of containers for export cargo. It is noticed that some Commissionerates use lead seals while few also use lac/wax seals. Board had issued Circular No.80/1995 dated 6.7.1995 prescribing the use of ‘One Time Bottle Seal’ in order to safeguard against tampering of sealing. This was reiterated in Circular No.43/1997-Cus, dated 22.9.1997.
Representations have been received from Trade & Industry that because of considerable time required to key in the required documentation, the applicants may not able to file their applications under the above said schemes within the last prescribed date as above. Considering the requests received in this regard and as a facilitation measure, it has been decided to extend the last date for filing of applications under Served From India Scheme and Vishesh Krishi Upaj Yojana upto 31st March 2006.
Adequate publicity may be given to the Compounding of Offence Rules and these guidelines so that large numbers of cases are compounded resulting in reduction in number of cases pending in the courts. All the applications for compounding of offences must be disposed of within 6 months. The performance of the zone in realisation of compounding amount also may be indicated suitably in the monthly report to the Directorate of Data Management.
Representations have been received from trade that Special Economic Zones located at far flung areas face difficulty in commuting to customs offices which are away from the SEZs in pursuing various customs related work.
This circular is being issued in exercise of the powers conferred by Section 11(1) of Securities and Exchange Board of India Act, 1992 to protect the interest of investors in securities and to promote the development of, and to regulate, the securities market.
This circular is being issued in exercise of the powers conferred by Section 11(1) of Securities and Exchange Board of India Act, 1992 to protect the interest of investors in securities and to promote the development of, and to regulate, the securities market.
Circular No. 10 of 2005-Income Tax Reference is invited to Board’s circular no. 793 dated 23-6-2000 and amendment in section 80-IA by the Finance Act, 2001
