In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes, with immediate effect, the following amendments to ITC (HS) Classifications of Export and Import Items, 2004-2009.
In the statement of Standard Input Output Norms (SION) as contained in the Handbook of Procedures (Vol.2), 2004-2009, as amended from time to time, additions/corrections at appropriate place as mentioned in ANNEXURE “A” to this Public Notice is made.
Though the connectivity with both depositories took prior to February 2008, the name change was taken on record by BSE in December 2007. Subsequent to submission of requisite documents by the company,
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.45/2008 (NT)-CUSTOMS, dated the 28th May, 2008 vide number S.O. 1245(E), dated the 28th May, 2008
The matter has been examined in the Board. For the purpose of ensuring uniformity in practice and also to prevent misuse of the facility, the aforesaid instructions issued vide Board’s Circular No.68/95-CUS., dated 15.06.1995 and Circular No.132/95-CUS., dated 22.12.1995 regarding entrusting the specified functions to the Commissioners are being reiterated. However, it is clarified that in case of 100% EOUs, the licensing u/s 58 and grant of permission for in-bond manufacturing facility u/s 65 of the Customs Act, 1962 shall continue to be considered and decided by Assistant Commissioner of Customs or Deputy Commissioner of Customs.
In exercise of powers conferred under paragraph 2.4 of Foreign Trade Policy, 2004-09, as amended from the time to time, the Director General of Foreign Trade hereby extends the validity of the Public Notice No.95 (RE-2005)/2004-2009, dated the 30th March, 2006.
In exercise of powers conferred under paragraph 2.4 of Foreign Trade Policy, 2004-09, as amended from the time to time, the Director General of Foreign Trade hereby extends the validity of the Public Notice No.38 (RE-2006)/2004-2009, dated the 31.07.2006, for export of “Sandalwood Oil” till 31.12.2008.
The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 485(E), dated the 16th July, 2007 and was last amended by notification vide number G.S.R.770 (E), dated the 13th December, 2007.
I am directed to inform that the Board has decided not to file a review petition in the case of M/s Jayanti Food processing {Ref. 2007(215) ELT 327(S.C.) dated 22.08.07}.In this case, the Supreme Court has pronounced on the applicability of SWM (PC) Rules, 1977 in the context of assessment under section 4 or section 4A.
It is clarified that the said circular shall not apply to term deposits placed as margins for trading in cash and derivatives market.
