The application for grant of credit under Vishesh Krishi Upaj Yojana may be made to the licensing authority concerned in the Aayaat Niryaat Form along with the documents prescribed therein. The applicant may file one or more applications subject to the condition that each application shall contain not more than 25 shipping bills. All the shipping bills in any one application must relate to exports made from one Customs House only.
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.
For the purposes of this notification, “rate of exchange” applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification, issued from time to time, in exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and the relevant date for the determination of the “rate of exchange” shall be the date of presentation of the “bill of entry” under section 46 of the said Customs Act.
Notification 37 (RE-2005) revises ITC(HS) Import Policies for cellular phones, radio communication equipment, and updates terminology in line with current regulations.
Notification amends export policy for groundnuts to the EU, requiring compulsory contract registration with APEDA and aflatoxin certification by approved labs.
The Exim Facilitation Committee (EFC) in the DGFT will evaluate and allot the quota among the applicants by 31st March of each financial year preceding to the year of the quota e.g. For 2006-07, EFC will allot quota by 31st March, 2006.
Notification No. 1-Income Tax It is hereby notified for general information that the organization M/s. BAIF Development Research Foundation, Urulikanchan, Tal. Haveli, Dist. Pune-412 202 has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962
The principal notification No. 14/2002-Central Excise (N.T.), dated the 8th March, 2002 was published vide number G.S.R. 182 (E), dated the 8th March, 2002 and was last amended by notification No. 1/2005-Central Excise (N.T.), dated the 4th January, 2005, vide number G.S.R. 6 E), dated the 4th January, 2005.
